Philippines Food Market Scenario:

• Euromonitor reports that the Philippines’ economy expanded in 2022, exceeding both regional and previous year growth rates, mainly driven by the services sector, specifically wholesale and retail trade.

• Philippines provides preferential access to its market through a number of bilateral and regional trade agreements, including those with ASEAN member countries, the European Free Trade Association, Australia, China, India, Japan, New Zealand, and South Korea.

• Malaysia Food market is estimated at US$149 bn in 2025. The market's largest segment is the segment Bread & Cereal Products with a market volume of US$48.72bn in 2025.

• According to Euromonitor, retail sales in the packaged food market in the Philippines had been estimated to reach nearly US$17.5 billion in 2023, continuing as the second largest packaged food market in ASEAN after Indonesia.

• Philippines total food imports touched USD 20.56 Bn in 2024, including cereals - rice, wheat, maize etc. processed food, meat, animal vegetable fats & oils, dairy products, poultry, sugar confectionery etc. the major suppliers to the country include USA, Vietnam, China, Indonesia, Brazil Australia etc.

• India’s share in the Philippines food imports is approx. 2% with major items supplied by India include Meat, processed fruits & vegetables, Rice, oil seeds, tea coffee spices, processed food preparations, confectionery.

Exhibit Profile:

• Rice, Grains, cereals & flours  

• Canned Food, Confectionery, Packed Food

• Dairy Products, Convenient & Ready Meals

• Tea, Coffee, Juices, Organic and Health Food

• Meat & Poultry, Fruits & Vegetables, FrozenFood

• Spices and condiments, Fresh and Dried herbs

• Blended premixes Sauces and Seasonings

• Sea Food, Processed and Packed and Dried, Frozen and value added

• Food & beverage Processing Packaging Technology and Material

• Edible Oil Technology & Machinery

• Bottle Filling, Ceiling Wrapping machinery, Labeling and Packaging

• Warehousing and Storage, Refrigeration &installations