Philippine pork consumption to rise 2% in 2024
Economic and population growth driving demand
3 September 2024
1 minute read
By: The USDA Foreign Agricultural Service post in Manila forecasts 2025 pork consumption at 1.58 MMT CWE, an increase of 2% compared to 2024, according to a recent US Department of Agriculture (USDA) Global Agricultural Information Network (GAIN) report.
Economic growth and population expansion will support an increase in consumption, albeit tempered by overall inflation.
FAS Manila estimates 2024 pork consumption lower at 1.55 MMT CWE. In 2024, higher inflation diminished consumers’ purchasing power and compelled consumers to reduce and downgrade their animal protein consumption in favor of both chicken meat and processed products.
