The demand for pork in the Philippines is on a gradual upward trend. In 2023, pork demand stood at 2.10 million metric tons. Forecasts from 2024 to 2028 show a consistent increase in demand: 2.11 (2024), 2.12 (2025), 2.14 (2026), 2.16 (2027), and 2.18 million metric tons (2028). Year-on-year, the variation in demand is minimal, growing about 0.47% to 0.95% per year. The Compound Annual Growth Rate (CAGR) over the five years from 2024 to 2028 is estimated at approximately 0.73%, reflecting modest but steady growth.
Future trends to watch for include potential impacts from shifts in consumer preferences towards alternative protein sources, changes in domestic production constraints, and fluctuations in import policies or tariffs. Additionally, economic factors such as income growth and population increase will play critical roles in shaping pork demand.
