| Product Code: ETC8840791 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Bhawna Singh | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
The Philippines continues to see significant import shipments of extra neutral alcohol in 2024, with top exporting countries including the USA, Brazil, South Korea, Argentina, and Singapore. Despite a slight decrease in growth rate from 2023 to 2024, the compound annual growth rate (CAGR) for the period of 2020-2024 remains robust at 23.06%. The high Herfindahl-Hirschman Index (HHI) concentration indicates a competitive market landscape, with key players likely vying for market share in the coming years.

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 Extra Neutral Alcohol Market Overview |
3.1 Philippines Country Macro Economic Indicators |
3.2 Philippines Extra Neutral Alcohol Market Revenues & Volume, 2021 & 2031F |
3.3 Philippines Extra Neutral Alcohol Market - Industry Life Cycle |
3.4 Philippines Extra Neutral Alcohol Market - Porter's Five Forces |
3.5 Philippines Extra Neutral Alcohol Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Philippines Extra Neutral Alcohol Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for alcohol-based products in the Philippines |
4.2.2 Growing popularity of cocktails and mixology trends |
4.2.3 Rising disposable income leading to higher spending on premium alcohol products |
4.3 Market Restraints |
4.3.1 Stringent government regulations and taxes on alcohol production and sales |
4.3.2 Health concerns and increasing awareness about the negative impacts of alcohol consumption |
5 Philippines Extra Neutral Alcohol Market Trends |
6 Philippines Extra Neutral Alcohol Market, By Types |
6.1 Philippines Extra Neutral Alcohol Market, By Application |
6.1.1 Overview and Analysis |
6.1.2 Philippines Extra Neutral Alcohol Market Revenues & Volume, By Application, 2021- 2031F |
6.1.3 Philippines Extra Neutral Alcohol Market Revenues & Volume, By Alcoholic Beverages, 2021- 2031F |
6.1.4 Philippines Extra Neutral Alcohol Market Revenues & Volume, By Flavours and Fragrances, 2021- 2031F |
6.1.5 Philippines Extra Neutral Alcohol Market Revenues & Volume, By Pharmaceuticals, 2021- 2031F |
6.1.6 Philippines Extra Neutral Alcohol Market Revenues & Volume, By Cosmetics, 2021- 2031F |
6.1.7 Philippines Extra Neutral Alcohol Market Revenues & Volume, By Others, 2021- 2031F |
7 Philippines Extra Neutral Alcohol Market Import-Export Trade Statistics |
7.1 Philippines Extra Neutral Alcohol Market Export to Major Countries |
7.2 Philippines Extra Neutral Alcohol Market Imports from Major Countries |
8 Philippines Extra Neutral Alcohol Market Key Performance Indicators |
8.1 Consumer engagement on social media platforms related to extra neutral alcohol brands |
8.2 Number of new product launches and innovations in the extra neutral alcohol market |
8.3 Growth in the number of bars and restaurants offering extra neutral alcohol-based drinks |
9 Philippines Extra Neutral Alcohol Market - Opportunity Assessment |
9.1 Philippines Extra Neutral Alcohol Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Philippines Extra Neutral Alcohol Market - Competitive Landscape |
10.1 Philippines Extra Neutral Alcohol Market Revenue Share, By Companies, 2024 |
10.2 Philippines Extra Neutral Alcohol Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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