Philippines Agricultural Product Market (2025-2031) Outlook | Analysis, Industry, Companies, Trends, Size, Share, Growth, Forecast, Revenue & Value

philippines agricultural product market Synopsis

The agricultural sector plays an important role in the Philippine economy; it accounts for about 11% share in GDP and 33. 7% share in employment generation according to data released by Department Of Agriculture ? Bureau Statistics in 2024-20. It has been estimated that there will be a 6. 1% growth rate year on year basis due to increased productivity towards processed food items like fruits, vegetables & nuts etc., while other sectors are expected to remain constant or show negative growth trends. Rice is still considered as staple crop accounting for more than 26% share from total agriculture production output reaching at 19 Million Metric Tonnes(MMT)in 2024-21 fiscal year. Other major crops include corn, coconut, banana, sugarcane, onion & garlic etc.,

Drivers of the Market

The agricultural product market in the Philippines is driven by factors such as population growth, changing dietary habits, and government initiatives. With a growing population, the demand for food products, including crops, livestock, and dairy, is on the rise. Shifts in consumer preferences toward healthier and more diverse diets also influence the types of agricultural products in demand. Government support through subsidies, research, and technology adoption further contributes to the growth of the agricultural sector.

Challenges of the Market

The agricultural product market in the Philippines is vital for the country`s food security. Despite its significance, challenges such as weather-dependent production, supply chain disruptions, and the need for modernization hinder the growth and stability of the sector.

COVID-19 Impact on the Market

The Philippines agricultural product market, encompassing a wide range of goods, witnessed a mixed COVID-19 impact. While certain segments like staple foods experienced sustained demand, others such as high-value crops faced disruptions in distribution and logistics. Lockdown measures affected the supply chain, causing labor shortages for planting and harvesting. However, the government`s efforts to ensure food security mitigated severe impacts. Moving forward, the market`s recovery largely depends on the restoration of supply chains and consumer purchasing power.

Key Players in the Market

The agricultural product market in the Philippines encompasses a wide range of commodities. Key players include agribusiness conglomerates like San Miguel Corporation and Universal Robina Corporation. These players are involved in the production, processing, and distribution of agricultural products such as poultry, grains, and processed foods.

Key Highlights of the Report:

• Philippines Agricultural Product Market Outlook
• Market Size of Philippines Agricultural Product Market, 2024
• Forecast of Philippines Agricultural Product Market, 2031
• Historical Data and Forecast of Philippines Agricultural Product Revenues & Volume for the Period 2021-2031
• Philippines Agricultural Product Market Trend Evolution
• Philippines Agricultural Product Market Drivers and Challenges
• Philippines Agricultural Product Price Trends
• Philippines Agricultural Product Porter's Five Forces
• Philippines Agricultural Product Industry Life Cycle
• Historical Data and Forecast of Philippines Agricultural Product Market Revenues & Volume By Type for the Period 2021-2031
• Historical Data and Forecast of Philippines Agricultural Product Market Revenues & Volume By Food for the Period 2021-2031
• Historical Data and Forecast of Philippines Agricultural Product Market Revenues & Volume By Fiber for the Period 2021-2031
• Historical Data and Forecast of Philippines Agricultural Product Market Revenues & Volume By Fuel for the Period 2021-2031
• Historical Data and Forecast of Philippines Agricultural Product Market Revenues & Volume By Raw Material for the Period 2021-2031
• Historical Data and Forecast of Philippines Agricultural Product Market Revenues & Volume By Application for the Period 2021-2031
• Historical Data and Forecast of Philippines Agricultural Product Market Revenues & Volume By Direct Consumption for the Period 2021-2031
• Historical Data and Forecast of Philippines Agricultural Product Market Revenues & Volume By Food & Fabrics for the Period 2021-2031
• Historical Data and Forecast of Philippines Agricultural Product Market Revenues & Volume By Construction & Paper Products for the Period 2021-2031
• Historical Data and Forecast of Philippines Agricultural Product Market Revenues & Volume By Others for the Period 2021-2031
• Historical Data and Forecast of Philippines Agricultural Product Market Revenues & Volume By Industry Vertical for the Period 2021-2031
• Historical Data and Forecast of Philippines Agricultural Product Market Revenues & Volume By Food & Nutrition for the Period 2021-2031
• Historical Data and Forecast of Philippines Agricultural Product Market Revenues & Volume By Sustainable Agribusiness for the Period 2021-2031
• Historical Data and Forecast of Philippines Agricultural Product Market Revenues & Volume By Production & Harvesting for the Period 2021-2031
• Historical Data and Forecast of Philippines Agricultural Product Market Revenues & Volume By Agribusiness Technological Inputs for the Period 2021-2031
• Historical Data and Forecast of Philippines Agricultural Product Market Revenues & Volume By Others for the Period 2021-2031
• Philippines Agricultural Product Import Export Trade Statistics
• Market Opportunity Assessment By Type
• Market Opportunity Assessment By Application
• Market Opportunity Assessment By Industry Vertical
• Philippines Agricultural Product Top Companies Market Share
• Philippines Agricultural Product Competitive Benchmarking By Technical and Operational Parameters
• Philippines Agricultural Product Company Profiles
• Philippines Agricultural Product Key Strategic Recommendations