Product Code: ETC8836899 | Publication Date: Sep 2024 | Updated Date: May 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | Author: Summon Dutta | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
This market is expanding as more consumers look for smoke-free alternatives to cannabis. From chocolates to baked goods, infused edibles are attracting attention, particularly among younger adults and wellness-focused consumers.
The Cannabis Infused Edible Products Market in the Philippines is positioned to benefit from rising global interest in alternative cannabis consumption methods. Edibles, including chocolates, baked goods, and beverages, offer consumers a smoke-free and often longer-lasting experience. Legalization for medical or recreational use would open the door to this market, with opportunities for local producers and international brands alike.
The cannabis-infused edible products market in the Philippines encounters challenges due to the current legal restrictions on cannabis use. Cannabis-infused edibles are not widely accepted, and there are limited legal avenues for their production and sale. The market is also hindered by a lack of consumer awareness about the potential benefits of cannabis edibles. Furthermore, the high costs associated with sourcing quality cannabis ingredients and ensuring proper production standards make it difficult for businesses to scale.
The cannabis-infused edible products market is experiencing rapid growth in the Philippines as consumers seek alternatives to traditional cannabis consumption methods. Edibles offer a discreet and long-lasting effect, making them an attractive option for medical and recreational cannabis users. Investment opportunities lie in the creation of diverse, innovative edible products that cater to a wide range of preferences and health-conscious consumers.
In the Philippines, cannabis remains classified as an illegal drug under the Dangerous Drugs Act of 2002. As a result, the manufacture, distribution, and sale of cannabis-infused edible products are strictly prohibited. However, recent discussions in Congress and the Department of Health (DOH) are exploring the potential for medical cannabis legalization under tight regulatory frameworks, but no formal policies currently allow commercial activity in this sector.
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 Infused Edible Products Market Overview |
3.1 Philippines Country Macro Economic Indicators |
3.2 Philippines Cannabis Infused Edible Products Market Revenues & Volume, 2021 & 2031F |
3.3 Philippines Cannabis Infused Edible Products Market - Industry Life Cycle |
3.4 Philippines Cannabis Infused Edible Products Market - Porter's Five Forces |
3.5 Philippines Cannabis Infused Edible Products Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Philippines Cannabis Infused Edible Products Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 Philippines Cannabis Infused Edible Products Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Philippines Cannabis Infused Edible Products Market Trends |
6 Philippines Cannabis Infused Edible Products Market, By Types |
6.1 Philippines Cannabis Infused Edible Products Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Philippines Cannabis Infused Edible Products Market Revenues & Volume, By Product Type, 2021- 2031F |
6.1.3 Philippines Cannabis Infused Edible Products Market Revenues & Volume, By Food, 2021- 2031F |
6.1.4 Philippines Cannabis Infused Edible Products Market Revenues & Volume, By Beverages, 2021- 2031F |
6.2 Philippines Cannabis Infused Edible Products Market, By Distribution Channel |
6.2.1 Overview and Analysis |
6.2.2 Philippines Cannabis Infused Edible Products Market Revenues & Volume, By Supermarkets and Hypermarkets, 2021- 2031F |
6.2.3 Philippines Cannabis Infused Edible Products Market Revenues & Volume, By Convenience Stores, 2021- 2031F |
6.2.4 Philippines Cannabis Infused Edible Products Market Revenues & Volume, By Specialist Stores, 2021- 2031F |
6.2.5 Philippines Cannabis Infused Edible Products Market Revenues & Volume, By Online Stores, 2021- 2031F |
7 Philippines Cannabis Infused Edible Products Market Import-Export Trade Statistics |
7.1 Philippines Cannabis Infused Edible Products Market Export to Major Countries |
7.2 Philippines Cannabis Infused Edible Products Market Imports from Major Countries |
8 Philippines Cannabis Infused Edible Products Market Key Performance Indicators |
9 Philippines Cannabis Infused Edible Products Market - Opportunity Assessment |
9.1 Philippines Cannabis Infused Edible Products Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Philippines Cannabis Infused Edible Products Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 Philippines Cannabis Infused Edible Products Market - Competitive Landscape |
10.1 Philippines Cannabis Infused Edible Products Market Revenue Share, By Companies, 2024 |
10.2 Philippines Cannabis Infused Edible Products Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |