The forecasted production of fermented beverages in the Philippines shows a slight declining trend from 2024 to 2028, decreasing incrementally from 6.98 thousand metric tons to 6.93 thousand metric tons. The year-on-year variations from 2024 to 2028 are minimal, indicating stable but slightly decreasing production levels. As of 2023, the production stood at approximately 7.00 thousand metric tons.
Key trends to watch for in the future include:
• Innovations in fermentation technology that could potentially increase production efficiency.
• Shifting consumer preferences toward healthier or alternative beverages impacting demand.
• Regulatory changes and their effect on production practices within the industry.