The production of chicory and lettuce in the Philippines stood at 4.58 Thousand Metric Tons in 2023. In 2024, the production is forecasted to be 4.66 Thousand Metric Tons, showing an increase of 1.75% from the previous year. Subsequent years project a steady rise, with a 1.72% increase for 2025, 1.69% for 2026, 1.66% for 2027, and 1.63% for 2028, indicating a consistent growth trend. The overall Compound Annual Growth Rate (CAGR) for the forecasted period from 2024 to 2028 is approximately 1.69% per year.
Future trends to watch for include:
- Potential impacts of climate change on crop yields.
- Advancements in agricultural technology and practices.
- Market demand fluctuations due to health trends and consumer preferences.
- Government policies and support for agricultural sectors.
