Based on the given forecast, the Rice Growth Capital and Venture Capital markets in the Philippines are expected to show a declining trend from 2024 to 2028. The market was valued at $4.18 billion in 2024 and is projected to decrease to $2.97 billion by 2028. This represents a consistent year-on-year decline.
The year-on-year variation in percentage shows a decreasing trend as follows: - 2024 to 2025: -7.89% - 2025 to 2026: -8.31% - 2026 to 2027: -8.21% - 2027 to 2028: -8.33%
The Compound Annual Growth Rate (CAGR) over this five-year forecast period is approximately -8.2%, indicative of a significant yearly average decrease.
Future trends to watch for include potential structural changes in the rice and venture capital markets, fluctuations in global rice prices, governmental policies affecting agricultural investment, and technological advancements influencing efficiency and productivity in rice farming.
