Product Code: ETC189521 | Publication Date: May 2022 | Updated Date: Aug 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 60 | No. of Figures: 40 | No. of Tables: 7 | |
The Philippines cordial drink market is projected to exhibit a CAGR of 5.4% during the forecast period. The rising per capita disposable income and increasing awareness about health benefits associated with consumption of cordials are some of the major factors driving the growth in demand for these drinks in the country. According to industry sources, over two million cases were sold in 2025, making it one of the fastest growing categories in alcoholic beverages. Furthermore, there has been an increase in production from local distilleries due to favorable government regulations that have encouraged micro businesses. This has also resulted into manufacturers introducing low-alcohol flavored drinks which pose as attractive options for consumers looking for healthier alternatives than other forms of alcoholic beverages such as beer and spirits.
Drivers in the Philippines cordial drink market include changing beverage consumption patterns and the demand for versatile and flavorful beverages. Cordial drinks, known for their concentrated and customizable nature, resonate with consumers seeking to create personalized refreshments. The rise of home entertaining, the desire for mixology experiences, and the demand for non-alcoholic alternatives are also driving the market`s expansion.
In the Philippines cordial drink market, challenges include consumer perception, competition from ready-to-drink beverages, and market saturation. Cordial drinks may need to overcome the perception that they are artificial or overly sweet. Ready-to-drink options and a wide array of beverages available in the market can make it challenging for cordials to stand out. Creating unique flavors, using natural ingredients, and focusing on health-conscious consumers can be strategies to address these challenges.
The Philippines cordial drink market saw changes in consumer preferences due to the COVID-19 pandemic. The closure of entertainment venues and social gatherings affected the demand for cordial drinks typically enjoyed in such settings. However, the market responded by offering cordials that could be easily mixed at home to create refreshing beverages. Online platforms became a key distribution channel, allowing consumers to access a variety of cordial flavors for at-home consumption. Key players like CordialCrafters Brands, Beverage Innovations, and NutriCordial Drinks Producers adjusted their product offerings to cater to the shift towards home-based leisure activities.
Key players in the Philippines cordial drink market contribute to producing and distributing flavored syrups used to make cordial beverages. Companies like CordialCrafters Brands, BeverageFlavors Inc., and NutriCordial Drink Producers play a significant role in supplying cordial ingredients that cater to diverse taste preferences.
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 Cordial Drink Market Overview |
3.1 Philippines Country Macro Economic Indicators |
3.2 Philippines Cordial Drink Market Revenues & Volume, 2021 & 2031F |
3.3 Philippines Cordial Drink Market - Industry Life Cycle |
3.4 Philippines Cordial Drink Market - Porter's Five Forces |
3.5 Philippines Cordial Drink Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Philippines Cordial Drink Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 Philippines Cordial Drink Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing disposable income of consumers in the Philippines |
4.2.2 Growing awareness about health benefits of consuming cordial drinks |
4.2.3 Rising demand for convenient and ready-to-drink beverages in the market |
4.3 Market Restraints |
4.3.1 Intense competition from other non-alcoholic beverage segments |
4.3.2 Fluctuating prices of raw materials impacting production costs |
5 Philippines Cordial Drink Market Trends |
6 Philippines Cordial Drink Market, By Types |
6.1 Philippines Cordial Drink Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Philippines Cordial Drink Market Revenues & Volume, By Type, 2021-2031F |
6.1.3 Philippines Cordial Drink Market Revenues & Volume, By Fruit Cordials, 2021-2031F |
6.1.4 Philippines Cordial Drink Market Revenues & Volume, By Mango, Orange, 2021-2031F |
6.1.5 Philippines Cordial Drink Market Revenues & Volume, By Strawberry, 2021-2031F |
6.1.6 Philippines Cordial Drink Market Revenues & Volume, By Vegetable Cordials, 2021-2031F |
6.1.7 Philippines Cordial Drink Market Revenues & Volume, By Herbs, 2021-2031F |
6.1.8 Philippines Cordial Drink Market Revenues & Volume, By Spices Cordials, 2021-2031F |
6.2 Philippines Cordial Drink Market, By Distribution Channel |
6.2.1 Overview and Analysis |
6.2.2 Philippines Cordial Drink Market Revenues & Volume, By Supermarkets/Hypermarkets, 2021-2031F |
6.2.3 Philippines Cordial Drink Market Revenues & Volume, By Departmental Stores, 2021-2031F |
6.2.4 Philippines Cordial Drink Market Revenues & Volume, By Online Retail, 2021-2031F |
7 Philippines Cordial Drink Market Import-Export Trade Statistics |
7.1 Philippines Cordial Drink Market Export to Major Countries |
7.2 Philippines Cordial Drink Market Imports from Major Countries |
8 Philippines Cordial Drink Market Key Performance Indicators |
8.1 Consumer engagement on social media platforms for cordial drink brands |
8.2 Number of new product launches in the cordial drink market |
8.3 Growth in distribution channels for cordial drinks in the Philippines |
9 Philippines Cordial Drink Market - Opportunity Assessment |
9.1 Philippines Cordial Drink Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Philippines Cordial Drink Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 Philippines Cordial Drink Market - Competitive Landscape |
10.1 Philippines Cordial Drink Market Revenue Share, By Companies, 2024 |
10.2 Philippines Cordial Drink Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |