New Report Available: Philippines Food & Drink Report 2013
BMI View: While the Philippines' economy continues to expand at a healthy rate, and despite its expanding base of young consumers, we remain relatively pessimistic about the near-to-mid-term potential of its grocery and food and drink markets. Multinational investment has been slow to penetrate the market, which in itself continues to present numerous challenges to players in the sectors. Issues such as widespread poverty, highly uneven income distribution, underdeveloped mass grocery retail networks and high levels of unemployment will continue...
View full press release