The wheat market size volume in the Philippines is forecasted to grow steadily from 34.77 kilograms per capita in 2024 to 36.74 kilograms per capita by 2028. In comparison, the actual volume in 2023 was 34.30 kilograms per capita. Year-on-year variation shows a gradual increase: 2025 (1.47%), 2026 (1.39%), 2027 (1.37%), and 2028 (1.33%). Over the last two years, a consistent upward trend is noticeable, and the compound annual growth rate (CAGR) for the period from 2024 to 2028 stands at approximately 1.39%.
Future trends to watch for include potential impacts of global supply chain disruptions, changing dietary preferences, and possible government policies promoting local wheat production. Additionally, factors such as climate change and technological advancements in agriculture might significantly influence the wheat market size volume in the Philippines in the coming years.
