Reasons To Invest | IFEX Philippines | Asia's Ethnic Food & Ingredients Show | 19 - 21 May 2017 | World Trade Center Metro Manila & Philippine Trade Training Center

10Reasons to Invest in Philippine Food Market

1

The Philippines is strategically located in major Asian markets.

Reasons 1 : The Philippines is strategically located in major Asian markets.

2

World’s Top Producer

  • 2ndPineapple *PH is 1st in Asia
  • 2ndBanana
  • 2ndCoconut
  • 4thCanned Tuna *PH is 1st in Asia
  • 9thMango
  • 12thFish Products

3

The Philippines guarantees zero percent import duties in European and ASEAN countries, China, Japan, South Korea, New Zealand and India under its Free Trade Agreements and EU-GSP+ coverage.

Reasons 3 : The Philippines guarantees zero percent import duties in European and ASEAN countries, China, Japan, South Korea, New Zealand and India under its Free Trade Agreements and EU-GSP+ coverage.

4

The Philippines has the world’s highest consumer confidence rate.

Reasons 4 : The Philippines has the world’s highest consumer confidence rate.

5

With a median age of 23, the Philippines has highly skilled and talented laborers with millennials representing 47.8% of the job market.

Reasons 5 : With a median age of 23, the Philippines has highly skilled and talented laborers, with millennials representing 47.8% of the job market.

6

The Philippines’ frequent snack culture favors processed, ready-to-eat, and attractively packaged food and beverages.

Reasons 6 : The Philippines’ frequent snack culture favors processed, ready-to-eat, and attractively packaged food and beverages.

7

The global surge of middle-class families in consumer-driven economies leads to a high demand for premium and healthy food products.

Reasons 7 :The global surge of middle class families in consumer-driven economies leads to a high demand for premium and healthy food products.

8

The Philippines has a booming tourism industry, recording 5.36 million visitors in 2015—a 10% increase from 2014.

Reasons 8 :The Philippines has a booming tourism industry, recording 5.36 million visitors in 2015—a 10% increase from 2014.

9

Robust expansion in the Philippines’ Hotel/Restaurant/Café (HORECA) sector.

Reasons 9 : Robust expansion in the Philippines’ Hotel/Restaurant/Café (HORECA) sector.

10

There is a rapid development of community malls and an aggressive expansion of retail chain operators in the Philippines, as indicated in the country’s total retail sales of US$134 billion in 2015 with 13% annual growth.

Reasons 10 :There is a rapid development of community malls and an aggressive expansion of retail chain operators in the Philippines, as indicated in the country’s total retail sales of US$134 billion in 2015 with 13% annual growth.