Product Code: ETC8836894 | Publication Date: Sep 2024 | Updated Date: Aug 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
The cannabis beverages market, though still emerging in the Philippines, is shaped by shifting attitudes toward cannabis use globally. Discussions around legalization, health trends, and product innovation are creating early-stage opportunities.
The Cannabis Beverages Market in the Philippines is in its infancy, with potential shaped by regulatory developments and consumer interest. As discussions around cannabis legalization evolve, there is emerging curiosity about cannabis-infused beverages for wellness, relaxation, and recreational purposes. Although currently limited by legal restrictions, the market holds long-term potential if regulatory frameworks shift.
The cannabis beverages market in the Philippines faces several challenges, primarily due to regulatory uncertainty. Cannabis remains illegal for recreational use in the country, making it difficult for companies to legally produce and distribute cannabis-infused beverages. Additionally, there is a lack of consumer awareness and education about the benefits and safety of cannabis-infused products, which hinders market growth. The high cost of production and distribution also remains a significant barrier, as does the limited availability of local suppliers for cannabis extracts and other ingredients.
The cannabis beverages market in the Philippines is gaining traction as the legalization of cannabis-based products becomes a possibility. The demand for cannabis-infused drinks is rising globally, driven by the trend toward functional beverages and the growing acceptance of cannabis. Investing in this market offers a unique opportunity to tap into an emerging industry, particularly as consumer preferences shift toward healthier, non-alcoholic alternatives with added wellness benefits.
The cannabis beverages market in the Philippines is governed by strict regulations regarding the production, sale, and consumption of cannabis-infused products. The government has taken a cautious approach to cannabis legalization, with the Department of Health (DOH) overseeing the regulatory framework. Currently, cannabis is only allowed for medical use, and the government has yet to fully legalize its recreational use. Policies are being developed to regulate the production of cannabis beverages, ensuring that they are safe for consumers and comply with health standards. The government is focused on ensuring that cannabis products are tested and approved by the relevant authorities.
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 Beverages Market Overview |
3.1 Philippines Country Macro Economic Indicators |
3.2 Philippines Cannabis Beverages Market Revenues & Volume, 2021 & 2031F |
3.3 Philippines Cannabis Beverages Market - Industry Life Cycle |
3.4 Philippines Cannabis Beverages Market - Porter's Five Forces |
3.5 Philippines Cannabis Beverages Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Philippines Cannabis Beverages Market Revenues & Volume Share, By Component, 2021 & 2031F |
4 Philippines Cannabis Beverages Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing acceptance of cannabis for medical and recreational purposes |
4.2.2 Growing trend towards health and wellness products |
4.2.3 Rising disposable income leading to higher spending on premium beverages |
4.3 Market Restraints |
4.3.1 Lack of clear regulations and legal framework surrounding cannabis products |
4.3.2 Social stigma and cultural barriers associated with cannabis consumption |
4.3.3 Limited awareness and education about cannabis beverages |
5 Philippines Cannabis Beverages Market Trends |
6 Philippines Cannabis Beverages Market, By Types |
6.1 Philippines Cannabis Beverages Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Philippines Cannabis Beverages Market Revenues & Volume, By Type, 2021- 2031F |
6.1.3 Philippines Cannabis Beverages Market Revenues & Volume, By Alcoholic, 2021- 2031F |
6.1.4 Philippines Cannabis Beverages Market Revenues & Volume, By Non-Alcoholic, 2021- 2031F |
6.2 Philippines Cannabis Beverages Market, By Component |
6.2.1 Overview and Analysis |
6.2.2 Philippines Cannabis Beverages Market Revenues & Volume, By Cannabidiol (CBD), 2021- 2031F |
6.2.3 Philippines Cannabis Beverages Market Revenues & Volume, By Tetrahydrocannabinol (THC), 2021- 2031F |
7 Philippines Cannabis Beverages Market Import-Export Trade Statistics |
7.1 Philippines Cannabis Beverages Market Export to Major Countries |
7.2 Philippines Cannabis Beverages Market Imports from Major Countries |
8 Philippines Cannabis Beverages Market Key Performance Indicators |
8.1 Number of licensed cannabis beverage manufacturers in the Philippines |
8.2 Percentage of consumers aware of cannabis beverage benefits |
8.3 Level of government support and regulatory clarity for cannabis beverage industry |
8.4 Consumer perception and acceptance of cannabis beverages |
8.5 Investment trends in the Philippines cannabis beverage market |
9 Philippines Cannabis Beverages Market - Opportunity Assessment |
9.1 Philippines Cannabis Beverages Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Philippines Cannabis Beverages Market Opportunity Assessment, By Component, 2021 & 2031F |
10 Philippines Cannabis Beverages Market - Competitive Landscape |
10.1 Philippines Cannabis Beverages Market Revenue Share, By Companies, 2024 |
10.2 Philippines Cannabis Beverages Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |