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Exploring Opportunities in the Philippine Food and Beverage Industry

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BCCP Trade Mission for UK Companies

Exploring opportunities in the Philippine food and beverage sector 

The British Chamber of Commerce Philippines (BCCP) is organising a Food and Beverage Trade Mission on 31 May – 1 June 2016. It is envisioned that at the end of the two-day Mission, participating UK Companies will have a better understanding about the local market including the available opportunities, challenges in exporting and the best market entry routes to succeed.

The Mission is open to UK companies/ exporters especially the Small and Medium Enterprises (SMEs) and individual entrepreneurs. It will be held in time for the SIAL ASEAN 2016, a food and drinks international expo at the World Trade Center Metro, which is expected to bring in 5,000 visitors from 24 countries and 300 exhibitors from 17 countries.

Trade Mission Highlights

The delegates/ participants will benefit from the following:

31 May

• Breakfast with BCCP Members and Partners
• Visit to SIAL ASEAN Expo at the World Trade Center
• Networking Reception with high-level contacts from the British business community in the Philippines and with trade organisations.

1 May

• Participation in the 2016 Food & Beverage Forum
• Meeting with potential partners from business groups, government, private sectors & agents/distributors.

Why do business in the Philippines?

The Philippines is one of the fastest growing economies in Asia with a GDP growth of 6.3 (Q4, 2015) and a remarkably positive GDP growth trajectory projected to increase to 8.8 per cent by 2018. Strategically located in Southeast Asia, the Philippines is an ideal market for doing business particularly for companies that are looking to set up a regional operation. It is a consumption-driven economy primarily due to the increasing population (102 million) and expanding middle class who have a strong appetite for imported products.

  •  In 2015, the F&B industry comprised 43.5 per cent of the Household Final Consumption Expenditure
  • With ongoing mall and supermarket expansions, annual average growth in the grocery retail sector is at 7 per cent
  • Top 3 Imports (per cent of total imports for 2015): Cereals/Cereal Products (2.9 per cent), Feedstuff (.8 per cent), and Dairy products (.5 per cent)
  • There is a strong demand for instant/convenient food or snack foods as the BPO industry in the country
  • Healthier food and beverage choices are in demand (i.e. vegan, organic, gluten-free among others).

For more information, please see below

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Exploring Opportunities in the Philippine Food and Beverage Industry contacts

rdiaz@britcham.org.ph

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