Product Code: ETC8836912 | Publication Date: Sep 2024 | Updated Date: May 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | Author: Sachin Kumar Rai | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
The cannabis-based alcoholic beverages market in the Philippines is an emerging niche, shaped by evolving consumer preferences and regulatory landscapes. While still in its early stages, the market has potential among younger demographics seeking novel beverage experiences, though it faces regulatory hurdles related to cannabis use.
The cannabis-based alcoholic beverages market in the Philippines is poised for growth as cannabis legalization expands in various parts of the world. These beverages, which combine cannabis extracts with alcohol, are gaining attention for their unique effects and appeal to consumers seeking novel drinking experiences. As regulatory frameworks around cannabis-based products evolve, the market for cannabis-based alcoholic beverages is expected to grow significantly in the Philippines.
Cannabis-based alcoholic beverages face significant regulatory barriers, social stigma, and safety concerns in the Philippines. There is little public familiarity with these products, and marketing them is difficult due to restrictions on both cannabis and alcohol advertising. Additionally, retailers are wary of reputational risks associated with selling such controversial beverages.
The cannabis-based alcoholic beverages market in the Philippines is ripe for investment, as more consumers seek novel and functional alcoholic drinks that combine the effects of cannabis and traditional spirits. With the increasing global acceptance of cannabis-infused products, including beverages, there is an opportunity to introduce cannabis-based alcoholic drinks to the Filipino market. The key to success in this market will be developing unique, high-quality products and ensuring compliance with local regulations. As the market matures, cannabis-based cocktails, beers, and wines could become a popular trend among consumers.
The market for cannabis-based alcoholic beverages in the Philippines is shaped by emerging government policies on cannabis regulation and alcohol consumption. The Food and Drug Administration (FDA) monitors the production and sale of cannabis-infused alcoholic drinks to ensure safety and compliance with food and drug laws. The market remains in a developmental phase, as government discussions on cannabis legalization continue to evolve.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Philippines Cannabis-Based Alcoholic Beverages Market Overview |
3.1 Philippines Country Macro Economic Indicators |
3.2 Philippines Cannabis-Based Alcoholic Beverages Market Revenues & Volume, 2021 & 2031F |
3.3 Philippines Cannabis-Based Alcoholic Beverages Market - Industry Life Cycle |
3.4 Philippines Cannabis-Based Alcoholic Beverages Market - Porter's Five Forces |
3.5 Philippines Cannabis-Based Alcoholic Beverages Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.6 Philippines Cannabis-Based Alcoholic Beverages Market Revenues & Volume Share, By End Use, 2021 & 2031F |
4 Philippines Cannabis-Based Alcoholic Beverages Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Philippines Cannabis-Based Alcoholic Beverages Market Trends |
6 Philippines Cannabis-Based Alcoholic Beverages Market, By Types |
6.1 Philippines Cannabis-Based Alcoholic Beverages Market, By Product |
6.1.1 Overview and Analysis |
6.1.2 Philippines Cannabis-Based Alcoholic Beverages Market Revenues & Volume, By Product, 2021- 2031F |
6.1.3 Philippines Cannabis-Based Alcoholic Beverages Market Revenues & Volume, By Cannabis-infused Beers, 2021- 2031F |
6.1.4 Philippines Cannabis-Based Alcoholic Beverages Market Revenues & Volume, By Cannabis-infused Infused Vodka Cannabis-Infused Gin, 2021- 2031F |
6.1.5 Philippines Cannabis-Based Alcoholic Beverages Market Revenues & Volume, By Cannabis-infused Wines, 2021- 2031F |
6.1.6 Philippines Cannabis-Based Alcoholic Beverages Market Revenues & Volume, By Cannabis Beverages Component, 2021- 2031F |
6.1.7 Philippines Cannabis-Based Alcoholic Beverages Market Revenues & Volume, By Cannabidiol (CBD), 2021- 2031F |
6.1.8 Philippines Cannabis-Based Alcoholic Beverages Market Revenues & Volume, By Tetrahydrocannabinol (THC), 2021- 2031F |
6.2 Philippines Cannabis-Based Alcoholic Beverages Market, By End Use |
6.2.1 Overview and Analysis |
6.2.2 Philippines Cannabis-Based Alcoholic Beverages Market Revenues & Volume, By Households, 2021- 2031F |
6.2.3 Philippines Cannabis-Based Alcoholic Beverages Market Revenues & Volume, By Restaurants, 2021- 2031F |
6.2.4 Philippines Cannabis-Based Alcoholic Beverages Market Revenues & Volume, By Hotels, 2021- 2031F |
6.2.5 Philippines Cannabis-Based Alcoholic Beverages Market Revenues & Volume, By Cafes, 2021- 2031F |
7 Philippines Cannabis-Based Alcoholic Beverages Market Import-Export Trade Statistics |
7.1 Philippines Cannabis-Based Alcoholic Beverages Market Export to Major Countries |
7.2 Philippines Cannabis-Based Alcoholic Beverages Market Imports from Major Countries |
8 Philippines Cannabis-Based Alcoholic Beverages Market Key Performance Indicators |
9 Philippines Cannabis-Based Alcoholic Beverages Market - Opportunity Assessment |
9.1 Philippines Cannabis-Based Alcoholic Beverages Market Opportunity Assessment, By Product, 2021 & 2031F |
9.2 Philippines Cannabis-Based Alcoholic Beverages Market Opportunity Assessment, By End Use, 2021 & 2031F |
10 Philippines Cannabis-Based Alcoholic Beverages Market - Competitive Landscape |
10.1 Philippines Cannabis-Based Alcoholic Beverages Market Revenue Share, By Companies, 2024 |
10.2 Philippines Cannabis-Based Alcoholic Beverages Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |