Philippines: Food Processing Ingredients

Following two years of contraction, the Philippine food manufacturing sector is expected to expand 1 percent in 2021. Household consumption expenditures of food and non-alcoholic beverages remain relatively strong, up 5.3 percent year-over-year in the fourth quarter of 2020. Philippine food manufacturing continues to offer excellent opportunities for a number of U.S. products, including but not limited to dairy, milling wheat, and raw materials for processed meat products.