Product Code: ETC8846792 | Publication Date: Sep 2024 | Updated Date: Apr 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | Author: Shubham Deep | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
The Philippines non-carbonated soft drinks market has experienced significant growth due to increasing consumer demand for healthier alternatives to traditional carbonated drinks. This trend is driven by a growing health-conscious population seeking beverages with lower sugar content and more natural ingredients. Non-carbonated drinks, including juices, iced teas, sports drinks, and bottled waters, are particularly popular among urban consumers. Market players are innovating with products that cater to diverse tastes, such as functional drinks with added vitamins or minerals, and beverages made from local fruits. Additionally, the market is benefiting from rising disposable incomes and changing lifestyles.
The Philippines` non-carbonated soft drinks market is driven by the growing preference for healthier beverage options. As consumers become more health-conscious, they increasingly turn to non-carbonated alternatives such as fruit juices, bottled water, and flavored teas. This shift away from sugary sodas is also influenced by rising awareness of health issues like obesity and diabetes. Additionally, the increasing availability of low-calorie and natural ingredient-based drinks has expanded the appeal of non-carbonated beverages. The convenience factor, as well as the demand for refreshing, hydrating drinks, further accelerates the market growth.
The non-carbonated soft drinks market in the Philippines faces challenges related to price sensitivity and competition from both local and international brands. While health-conscious consumers prefer non-carbonated options, these products often come at a premium price, making them less accessible to lower-income segments. Additionally, supply chain disruptions and fluctuating raw material prices, such as fruit concentrates and natural sweeteners, affect production costs. Moreover, increasing environmental concerns regarding plastic packaging have prompted stricter regulations, adding to operational challenges for manufacturers.
The non-carbonated soft drinks market in the Philippines presents strong investment opportunities due to the rising demand for healthier beverage alternatives. Investors can explore opportunities in the production of functional drinks, such as fortified juices, herbal teas, and energy drinks enriched with vitamins and probiotics. The growing preference for locally sourced ingredients also opens avenues for partnerships with local fruit farmers. Additionally, investments in sustainable packaging solutions, such as biodegradable bottles and refill stations, can give companies a competitive edge in this evolving market.
The Philippines government has implemented various policies affecting the non-carbonated soft drinks market, primarily through health regulations and taxation. The Sugar-Sweetened Beverage (SSB) Tax, under the TRAIN Law, imposes excise taxes on sugary drinks, impacting the pricing strategies of juice, tea, and energy drink manufacturers. The Department of Health (DOH) and the Food and Drug Administration (FDA) also regulate beverage formulations to ensure food safety and consumer health. Additionally, there are growing initiatives promoting sustainable packaging, encouraging businesses to adopt biodegradable and recyclable materials to align with environmental policies.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Philippines Non-Carbonated Soft Drinks Market Overview |
3.1 Philippines Country Macro Economic Indicators |
3.2 Philippines Non-Carbonated Soft Drinks Market Revenues & Volume, 2021 & 2031F |
3.3 Philippines Non-Carbonated Soft Drinks Market - Industry Life Cycle |
3.4 Philippines Non-Carbonated Soft Drinks Market - Porter's Five Forces |
3.5 Philippines Non-Carbonated Soft Drinks Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.6 Philippines Non-Carbonated Soft Drinks Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 Philippines Non-Carbonated Soft Drinks Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Philippines Non-Carbonated Soft Drinks Market Trends |
6 Philippines Non-Carbonated Soft Drinks Market, By Types |
6.1 Philippines Non-Carbonated Soft Drinks Market, By Product |
6.1.1 Overview and Analysis |
6.1.2 Philippines Non-Carbonated Soft Drinks Market Revenues & Volume, By Product, 2021- 2031F |
6.1.3 Philippines Non-Carbonated Soft Drinks Market Revenues & Volume, By RTD, 2021- 2031F |
6.1.4 Philippines Non-Carbonated Soft Drinks Market Revenues & Volume, By Sparkling & Flavored Water, 2021- 2031F |
6.2 Philippines Non-Carbonated Soft Drinks Market, By Distribution Channel |
6.2.1 Overview and Analysis |
6.2.2 Philippines Non-Carbonated Soft Drinks Market Revenues & Volume, By Hypermarkets and Supermarkets, 2021- 2031F |
6.2.3 Philippines Non-Carbonated Soft Drinks Market Revenues & Volume, By Convenience Store, 2021- 2031F |
6.2.4 Philippines Non-Carbonated Soft Drinks Market Revenues & Volume, By Online, 2021- 2031F |
6.2.5 Philippines Non-Carbonated Soft Drinks Market Revenues & Volume, By Others, 2021- 2031F |
7 Philippines Non-Carbonated Soft Drinks Market Import-Export Trade Statistics |
7.1 Philippines Non-Carbonated Soft Drinks Market Export to Major Countries |
7.2 Philippines Non-Carbonated Soft Drinks Market Imports from Major Countries |
8 Philippines Non-Carbonated Soft Drinks Market Key Performance Indicators |
9 Philippines Non-Carbonated Soft Drinks Market - Opportunity Assessment |
9.1 Philippines Non-Carbonated Soft Drinks Market Opportunity Assessment, By Product, 2021 & 2031F |
9.2 Philippines Non-Carbonated Soft Drinks Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 Philippines Non-Carbonated Soft Drinks Market - Competitive Landscape |
10.1 Philippines Non-Carbonated Soft Drinks Market Revenue Share, By Companies, 2024 |
10.2 Philippines Non-Carbonated Soft Drinks Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |