Philippines: Brewing Ingredients and Beer Market Brief

Prospects for U.S. brewing ingredients remain strong amidst a robust local beer manufacturing industry. Beer is the most widely consumed alcoholic beverage in the Philippines, accounting for 72 percent of total alcohol consumption or 2.1 billion liters annually. Export prospects in the region are especially strong because of the country’s membership in various free trade agreements and its strategic location. While imported beer accounts for less than one percent of total consumption, traders are optimistic the country’s resumption of economic activities and its young and growing population will drive sales of imported craft beer in the coming years.