Philippines: Retail Foods

  |   Attaché Report (GAIN)   |   RP2021-0035

The modernization of the Philippine retail sector continues its acceleration under COVID-19 restrictions, which have greatly shifted consumer buying habits to choose upscale vendors and online solutions. With the continued plight of the food service sector, retail sales are expected to remain strong. In total, the market segment is expected to grow 10 percent in 2021.

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