openPR Logo
Press release

Philippines Agriculture Market, Philippines Agriculture Industry, Agriculture Grains Market, Agriculture Livestock Market, Agriculture Sugar Market, Agriculture Dairy Market: Ken Research

02-22-2021 10:30 AM CET | Advertising, Media Consulting, Marketing Research

Press release from: Ken Research Pvt Ltd

Philippines Agriculture Market, Philippines Agriculture

The Philippines is primarily an agricultural country. Most populace lives in rural areas and support themselves through agriculture. Country’s agriculture sector is sub-divided into 4 key sub-sectors: fisheries, farming, livestock, and forestry that employ approximately 39.8 % of the labor-force and contribute 20 & of GDP. The fisheries sector is categorized into 3 sub-sectors: municipal, commercial, and aquaculture (cultivation of natural produce of bodies of water). Growing crops for the food consumption & fiber have been an enduring activity in the Philippines.

According to study, “Philippines Agriculture Market Trends, Statistics, Growth, and Forecasts” states that the new strategy calls for more struggles to ensure the supply of vital farm products. Country's key agricultural crops include mangoes, tobacco, bananas, coconut, sugarcane, rice, corn, pineapple, coffee, and abaca (a banana-like plant). Secondary crops include camote (a type of root crop), garlic, onion, peanut, cassava, rubber, cabbage, eggplant, calamansi (a variety of lemon), and cotton. Philippines agricultural exports have been a crucial driver in the agriculture sector and constantly played a major role in the economy by providing the foreign exchange earnings & additional economic activities.

Philippines agricultural exports are categorized into six commodity groups including food & live animals chiefly for food, crude materials, tobacco & tobacco manufactures, animal & vegetable oils, agricultural machinery and manufactured fertilizers. Philippines export its agricultural products around the globe including the Japan, Europe, United States, and ASEAN countries (members of the Association of Southeast-Asian Nations). Key export products include fruits & vegetables, coconut oil & other coconut products, bananas, and prawns (a type of shrimp). Apart from this, some other exports include the Cayenne pineapple, tuna, Cavendish banana, seaweed, and carrageen an. Additionally, imported agricultural products include oilcake & other soybean residues, unmilled wheat & meslin, malt & malt flour, meals & pellets of fish, soybeans, urea, flour, and whey.

For More Information, refer to below link:-

The Philippines agriculture market is driven by increase in the agriculture crop production, followed by better government regulations, rise in demand & prices of agriculture produce and doubling of the middle income class population. Moreover, increase in the food demand is a key opportunity for market.

One of the most critical concerns of the Philippines agricultural sector is the extensive conversion of agricultural land into residential subdivisions, golf courses, and industrial parks or resorts. In addition, environmental damage is another major concern as well as coral-reef destruction, mangrove forest destruction, pollution of coastal and marine resources and siltations (clogging of bodies of water with the silt deposits) are significant problem of agriculture market. Furthermore, Philippines have been struggling with the fragmentation and low levels of technology adoption & specialization.

Based on geography, the Philippines country is segmented as Visayas, Luzon, Mindanao and others. Country is an import driven economy. Philippines government is working towards growing the agricultural sector in order to less import less and more export that will in turn reduce the country's fiscal deficit. This is anticipated to increase the demand for agricultural sector in the country.

Related Report:-

Contact Us:-
Ken Research
Ankur Gupta, Head Marketing & Communications

Ken Research Pvt. Ltd.,
Unit 14, Tower B3, Spaze I Tech Business Park, Sohna Road, sector 49 Gurgaon, Haryana - 122001, India

Ken Research is a research based management consulting company. We provide strategic consultancy to aid clients on critical business perspective: strategy, marketing, organization, operations, technology, transformation, digital, advanced analytics, corporate finance, mergers & acquisitions and sustainability across all industries and geographies. We provide business intelligence and operational advisory in 300+ verticals underscoring disruptive technologies, emerging business models with precedent analysis and success case studies. Serving 70% of fortune 1000 companies globally, some of top consulting companies and Market leaders seek our intelligence to identify new revenue streams, customer/ vendor paradigm and pain points and due diligence on competition.

This release was published on openPR.

Permanent link to this press release:

Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Philippines Agriculture Market, Philippines Agriculture Industry, Agriculture Grains Market, Agriculture Livestock Market, Agriculture Sugar Market, Agriculture Dairy Market: Ken Research here

News-ID: 2246191 • Views: 2693

More Releases from Ken Research Pvt Ltd

Future Outlook of US Medical Devices Market: Ken Research
What Is The Size Of Us Medical Device Industry? US Medical Device market is growing at a CAGR of ~% in 2017-2022 and is expected to reach USD ~ Bn by 2027. The US Medical Device Market is largely driven by rising levels of urbanization & climate change consciousness and government initiatives. Also, growing Demand for sustainable Services are some other factors driving the market growth. As a result, the industry has grown
Global Eubiotics Market is expected to reach ~USD 8 Bn by 2028F: Ken Research
Global Eubiotics Market By Geography The Global Eubiotics market is segmented by geography into North America, Europe, Asia- pacific and LAMEA. Europe held the largest market share in 2022, because of the region's strict rules and regulations that forbid the use of antibiotics, the existence of major market players, and awareness of the use of Eubiotics and their advantages. This is due to rising animal output and meat consumption, which comes from processed foods.
Cybersecurity Market Revenues Growing at CAGR of 17.4%, Will Vietnam able to sus …
About 66% of Vietnam's 70k+ websites are estimated to be infected with viruses/malware. The government is playing a vibrant role in propagating the importance of having a secure cybersecurity infrastructure in organizations. 1. Cyberattacks have a huge financial impact on Vietnam's economy Click to Read Full Article: Vietnam Cybersecurity Market: 3% Companies in Vietnam that faced 24 hrs. or more of downtime after most severe breach; Global figure: 4% 2% Proportion of computers
Every year over 30 Mn College Going Students require skill development to be Job …
India Career Skilling industry, which is growing at unprecedented rate as there is a clear expectation mismatch from Employer and Students even after attending higher education. 1. Every year 9.2 Mn students graduate from colleges, majority of them are looking for formal job but only some are able to secure one Lack of tie ups / employers hinder job opportunities of tier 2, 3 and 4 colleges with placement Agencies Lack of course

All 5 Releases

More Releases for Philippines

Philippines Used Car Market
Philippines Used Car Market is expected to Gain Momentum from the Emergence of more Organized Players in the future along with Covid incited Surge in Demand: Ken Research The used car market structure in Philippines is expected to be consolidated in the future as the market share of players selling vehicles via organized channel is expected to surge. This will be mainly on account of transparent and fair used car dealings/trading
Philippines Quick Service Restaurants Market Booming Segments; Investors Seeking …
Philippines Quick Service Restaurants Market by Food Type, and Nature: Philippines Opportunity Analysis and Industry Forecast, 2019–2026,” The Philippines quick service restaurants market size was valued at $4.6 billion in 2018, and is expected to reach $7.9 billion by 2026, registering a CAGR of 6.9% from 2019 to 2026.The burger/sandwich segment was the highest contributor to the market, with $1.7billion in 2018, and is estimated grow at a CAGR of
Consumer Appliances in the Philippines has announced the addition of the “Consumer Appliances in the Philippines” to its database. Volume sales of consumer appliances witnessed stable growth in 2016, as rising disposable incomes and changing consumer lifestyles benefited sales. More Filipinos are able to purchase essential appliances such as washing machines and desk fans, while specialised appliances such as countertop blenders are experiencing rising sales due to increased consumer interest. Request a Sample at . Publisher's
Retailing in the Philippines
With higher disposable incomes, consumers were encouraged to shop in higher quantities and to spend on more expensive products in 2016. Grocery retailers enjoyed bigger baskets, whilst non-grocery retailers saw an increased preference for and appreciation of higher-priced merchandise. This can be attributed to the continued inflow of remittances from OFW (overseas Filipino workers) and to the sustained growth of the BPO (business process outsourcing) sector, along with a lower
Soft Drinks in the Philippines has announced the addition of the “Soft Drinks in the Philippines” The report focuses on global major leading industry players with information such as company profiles, product picture and specification. The Philippine soft drinks industry generated stronger growth in 2016 thanks to increasing disposable incomes. Total current value growth was higher than total volume growth at industry level in 2016, a trend which reflects the shift towards smaller pack sizes,
Agrochemicals Market in Philippines
ReportsWorldwide has announced the addition of a new report title Philippines: Agrochemicals: Market Intelligence (2016-2021) to its growing collection of premium market research reports. The report “Philippines: Agrochemicals: Market Intelligence (2016-2021)” provides market intelligence on the different market segments, based on type, active ingredient, formulation, crop, and pest. Market size and forecast (2016-2021) has been provided in terms of both, value (000 USD) and volume (000 KG) in the report. A