| Product Code: ETC8848920 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Summon Dutta | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
The Philippines continues to experience robust growth in plant-based food and beverage imports, with Singapore, Indonesia, Thailand, USA, and China emerging as top exporters in 2024. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market, while the impressive compound annual growth rate (CAGR) of 16.29% from 2020 to 2024 underscores the increasing popularity of plant-based products in the country. Notably, the substantial growth rate of 39.01% in 2024 demonstrates a strong momentum in consumer demand for healthier and sustainable food options.

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 Plant-based Food and Beverages Market Overview |
3.1 Philippines Country Macro Economic Indicators |
3.2 Philippines Plant-based Food and Beverages Market Revenues & Volume, 2021 & 2031F |
3.3 Philippines Plant-based Food and Beverages Market - Industry Life Cycle |
3.4 Philippines Plant-based Food and Beverages Market - Porter's Five Forces |
3.5 Philippines Plant-based Food and Beverages Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Philippines Plant-based Food and Beverages Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 Philippines Plant-based Food and Beverages Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing consumer awareness about health and wellness benefits of plant-based diets |
4.2.2 Growing demand for sustainable and environmentally friendly food options |
4.2.3 Rise in vegan and vegetarian population in the Philippines |
4.3 Market Restraints |
4.3.1 Limited availability and high cost of plant-based ingredients |
4.3.2 Lack of awareness and education about plant-based food options among consumers |
4.3.3 Preference for traditional meat-based dishes in Filipino cuisine |
5 Philippines Plant-based Food and Beverages Market Trends |
6 Philippines Plant-based Food and Beverages Market, By Types |
6.1 Philippines Plant-based Food and Beverages Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Philippines Plant-based Food and Beverages Market Revenues & Volume, By Product Type, 2021- 2031F |
6.1.3 Philippines Plant-based Food and Beverages Market Revenues & Volume, By Meat Substitutes, 2021- 2031F |
6.1.4 Philippines Plant-based Food and Beverages Market Revenues & Volume, By Dairy Alternative Beverages, 2021- 2031F |
6.1.5 Philippines Plant-based Food and Beverages Market Revenues & Volume, By Non-dairy Ice Cream, 2021- 2031F |
6.1.6 Philippines Plant-based Food and Beverages Market Revenues & Volume, By Non-dairy Cheese, 2021- 2031F |
6.1.7 Philippines Plant-based Food and Beverages Market Revenues & Volume, By Non-dairy Yogurt, 2021- 2031F |
6.1.8 Philippines Plant-based Food and Beverages Market Revenues & Volume, By Non-dairy Spreads, 2021- 2031F |
6.2 Philippines Plant-based Food and Beverages Market, By Distribution Channel |
6.2.1 Overview and Analysis |
6.2.2 Philippines Plant-based Food and Beverages Market Revenues & Volume, By Supermarkets/Hypermarkets, 2021- 2031F |
6.2.3 Philippines Plant-based Food and Beverages Market Revenues & Volume, By Convenience Stores, 2021- 2031F |
6.2.4 Philippines Plant-based Food and Beverages Market Revenues & Volume, By Online Retail Stores, 2021- 2031F |
6.2.5 Philippines Plant-based Food and Beverages Market Revenues & Volume, By Others, 2021- 2031F |
7 Philippines Plant-based Food and Beverages Market Import-Export Trade Statistics |
7.1 Philippines Plant-based Food and Beverages Market Export to Major Countries |
7.2 Philippines Plant-based Food and Beverages Market Imports from Major Countries |
8 Philippines Plant-based Food and Beverages Market Key Performance Indicators |
8.1 Number of new plant-based product launches in the Philippines |
8.2 Percentage increase in plant-based food and beverage consumption annually |
8.3 Number of partnerships between plant-based food companies and local retailers or restaurants |
9 Philippines Plant-based Food and Beverages Market - Opportunity Assessment |
9.1 Philippines Plant-based Food and Beverages Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Philippines Plant-based Food and Beverages Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 Philippines Plant-based Food and Beverages Market - Competitive Landscape |
10.1 Philippines Plant-based Food and Beverages Market Revenue Share, By Companies, 2024 |
10.2 Philippines Plant-based Food and Beverages Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |