Wine in the Philippines
Euromonitor International
September 2020
WINE IN THE PHILIPPINES                                                                                                                             Passport   i
LIST OF CONTENTS AND TABLES
HEADLINES ................................................................................................................................. 1
PRE-COVID-19 PERFORMANCE ............................................................................................... 1
2020 AND BEYOND ..................................................................................................................... 2
CATEGORY DATA ....................................................................................................................... 3
      Table 1                Sales of Wine by Category: Total Volume 2014-2019 .................................. 3
      Table 2                Sales of Wine by Category: Total Value 2014-2019 ..................................... 3
      Table 3                Sales of Wine by Category: % Total Volume Growth 2014-2019 ................. 4
      Table 4                Sales of Wine by Category: % Total Value Growth 2014-2019 .................... 4
      Table 5                Sales of Wine by Off-trade vs On-trade: Volume 2014-2019 ....................... 4
      Table 6                Sales of Wine by Off-trade vs On-trade: Value 2014-2019 .......................... 5
      Table 7                Sales of Wine by Off-trade vs On-trade: % Volume Growth 2014-2019 ....... 5
      Table 8                Sales of Wine by Off-trade vs On-trade: % Value Growth 2014-2019 .......... 5
      Table 9                Sales of Still Red Wine by Price Segment: % Off-trade Volume 2014-
                             2019 ............................................................................................................. 5
      Table 10               Sales of Still Rosé Wine by Price Segment: % Off-trade Volume
                             2014-2019 .................................................................................................... 6
      Table 11               Sales of Still White Wine by Price Segment: % Off-trade Volume
                             2014-2019 .................................................................................................... 6
      Table 12               Sales of Other Sparkling Wine by Price Segment: % Off-trade Volume
                             2014-2019 .................................................................................................... 6
      Table 13               GBO Company Shares of Still Light Grape Wine: % Total Volume
                             2015-2019 .................................................................................................... 6
      Table 14               NBO Company Shares of Still Light Grape Wine: % Total Volume
                             2015-2019 .................................................................................................... 7
      Table 15               LBN Brand Shares of Still Light Grape Wine: % Total Volume 2016-
                             2019 ............................................................................................................. 7
      Table 16               GBO Company Shares of Champagne: % Total Volume 2015-2019 ........... 8
      Table 17               NBO Company Shares of Champagne: % Total Volume 2015-2019 ........... 8
      Table 18               LBN Brand Shares of Champagne: % Total Volume 2016-2019 .................. 8
      Table 19               GBO Company Shares of Other Sparkling Wine: % Total Volume
                             2015-2019 .................................................................................................... 8
      Table 20               NBO Company Shares of Other Sparkling Wine: % Total Volume
                             2015-2019 .................................................................................................... 9
      Table 21               LBN Brand Shares of Other Sparkling Wine: % Total Volume 2016-
                             2019 ............................................................................................................. 9
      Table 22               GBO Company Shares of Fortified Wine and Vermouth: % Total
                             Volume 2015-2019 ....................................................................................... 9
      Table 23               NBO Company Shares of Fortified Wine and Vermouth: % Total
                             Volume 2015-2019 ....................................................................................... 9
      Table 24               LBN Brand Shares of Fortified Wine and Vermouth: % Total Volume
                             2016-2019 .................................................................................................. 10
      Table 25               Forecast Sales of Wine by Category: Total Volume 2019-2024 ................. 10
      Table 26               Forecast Sales of Wine by Category: Total Value 2019-2024 .................... 10
      Table 27               Forecast Sales of Wine by Category: % Total Volume Growth 2019-
                             2024 ........................................................................................................... 11
      Table 28               Forecast Sales of Wine by Category: % Total Value Growth 2019-
                             2024 ........................................................................................................... 11
© Euromonitor International
WINE IN THE PHILIPPINES       Passport   ii
© Euromonitor International
WINE IN THE PHILIPPINES                                                                                Passport   1
WINE IN THE PHILIPPINES
HEADLINES
▪ COVID-19 hits sales hard in 2020 as foodservice outlets are forced to close and temporary
  restrictions on the supply of alcohol are imposed
▪ Wine sees total volume growth of 9% in 2019 to reach 24 million litres
▪ Expanding middle class fuels demand for wine in 2019
▪ Still red wine is the most dynamic category in 2019 with total volume growth of 10%
▪ The average unit price of wine rises by 5% in 2019 in total current value terms
▪ Bel Mondo Italia Corp extends its lead in 2019 to reach a total volume share of 38%
▪ Over the forecast period, wine is projected to increase at a 2% total volume CAGR to reach
  27 million litres in 2024
PRE-COVID-19 PERFORMANCE
Wine benefiting from rising incomes and greater awareness in 2019
   The Philippines saw its middle class expand during the review period with standards of living
improving and consumers increasingly looking for new things to spend their money on. Wine is
seen as the perfect accompaniment to special occasions and celebrations and this helped sales
to record strong growth across the review period and in 2019. Added to this, awareness and
education around wine has improved thanks to the increasing number of consumers who are
able to travel and sample different wine varieties abroad, with this encouraging them to try and
replicate their experiences at home. Players such as Moët Hennessy Philippines and Premiere
Wine & Spirits have also held masterclasses to try and encourage uptake, while Bel Mondo
Italia Corp runs aggressive sampling campaigns in key retail channels to help familiarise
consumers. Despite growing interest and awareness in wine, still red wine and still white wine
continued to account for most volume sales in 2019. This was largely down to the significantly
lower price of these products, but also their wider availability.
Foodservice seen as key to building interest and awareness in wine
   The Philippines is not a traditional wine country but thanks to the efforts of leading players in
the market there is growing interest in drinking and appreciating wine, particularly through the
on-trade. The continued expansion of restaurants and bars, which offer wine by the glass and
by the bottle, provides an excellent vehicle for consumers to sample different brands and
products. On-trade establishments also allow consumers to enjoy wine in a more social
environment. Some of the key players have built relationships with bars and restaurants to
promote their wine selection, either through masterclasses or sampling. For example, Happy
Living hosted a sampling event focusing on Beringer at Cartel, which expanded awareness of
the different varieties of wine it offers through the establishment. Although the off-trade accounts
for the bulk of volume sales due to the lower price positioning of wine through this channel, the
on-trade is becoming an increasingly important point of distribution, especially for premium
brands. Younger consumers, especially millennials, became a key target towards the end of the
review period with this consumer base keen to spend on experiences and socialising. They are
also a key target for wine tasting events.
© Euromonitor International
WINE IN THE PHILIPPINES                                                                                   Passport   2
Bel Mondo Italia Corp builds on lead thanks to its affordable wine and successful marketing
campaigns
   Recognising the potential of wine in the Philippines leading player Bel Mondo Italia Corp
successfully utilised above-the-line and below-the-line marketing to engage consumers and
drive sales. A key target of these activities was the country’s large base of young adults and
millennials, with the company using social media to help reach this demographic. Engaging
content such as its ‘How to Not Date’ and ‘Which Wine is it Anyway’ campaigns, which ran at
the end of 2019, have helped to raise the profile of its Novellino brand as well as making wine
more accessible. By simplifying the wine selection process through short education videos the
company has been able to expand its audience, while the affordable pricing for its still red and
still white wine has also helped it to grow. Nevertheless, despite the impressive growth seen by
Novellino, international brands such as Franzia, Carlo Rossi, and Beringer have also benefited
from targeting younger adults and millennials, with social media seen as an affordable and
effective means of marketing. In terms of distribution, companies are increasingly targeting shelf
space in supermarkets and hypermarkets. However, the on-trade also remains important with
this seen as the place where players can reach new consumers, with social drinking also being
a key part of Filipino culture.
2020 AND BEYOND
COVID-19 impact
   On-trade volume sales of wine are expected to fall by 6% in 2020 in light of the impact of
COVID-19. This compares to an expected 11% rise forecast for 2020 during research
conducted in May 2019, ie before the spread of COVID-19. Off-trade volume sales of wine,
meanwhile, are expected to decline by 1% in 2020 due to COVID-19’s impact. This compares to
an expected 8% rise forecast for 2020 during our research conducted in May 2019.
   The measures taken to control COVID-19 in the Philippines have had a significant negative
impact on sales of wine in 2020. The closure of bars and restaurants during the lockdown saw
sales of wine through the on-trade grind to a halt, while the introduction of restrictions on the
sale of alcoholic drinks to curb social gatherings also led to sales falling through the off-trade
too. Although sales should pick up in the second half of 2020 social distancing measures and
general concerns over the possible spreading of COVID-19 are likely to result in fewer people
attending social gatherings and visiting on-trade outlets.
Affected products within wine
   It is the more expensive wine products such as vermouth, sake and Champagne which are
expected to be the hardest hit by COVID-19. These products have a stronger reliance on on-
trade sales, while they are also often reserved for special occasions and celebrations and as
such will be hit by the ban on large social gatherings. Added to this, COVID-19 is likely to have a
significant negative impact on the economy and this will force consumers to be more careful
with their discretionary spending. In contrast, still red and still white wine should benefit from
their more affordable pricing and wider availability as restrictions start to be lifted, although sales
will still be hit hard by Manilla’s introduction of a temporary ban on alcohol sales and the
nationwide lockdown.
Recovery and opportunities
   Wine still has plenty of room for development in the Philippines with interest and awareness
only starting to really take off during the review period. Although the impact of COVID-19 will
likely limit growth opportunities in the short term, sales are expected to return to pre-COVID-19
© Euromonitor International
WINE IN THE PHILIPPINES                                                                                                       Passport   3
levels by 2022 with further growth expected in the latter years of the forecast period. Key to
growth will be the reopening of bars and restaurants, with the on-trade channel seen as
important in raising awareness and education around wine. Still white and still red wine are likely
to carry the weight of sales with sales of more expensive wines likely to take longer to recover
due to economic uncertainty. Although wine is likely to face challenges over the forecast period,
not least the economic situation, the country’s large base of young adults puts it in a strong
position to recover and to build on the successes seen prior to COVID-19.
CATEGORY DATA
Table 1            Sales of Wine by Category: Total Volume 2014-2019
million litres
                                                2014             2015            2016             2017             2018      2019
Fortified Wine and                                0.0              0.0              0.0             0.0             0.0        0.1
   Vermouth
- Port                                              -               -                -                -               -         -
- Sherry                                            -               -                -                -               -         -
- Vermouth                                        0.0             0.0              0.0              0.0             0.0       0.0
- Other Fortified Wine                            0.0             0.0              0.0              0.0             0.0       0.0
Non-Grape Wine                                    0.1             0.1              0.1              0.1             0.1       0.1
- Sake                                            0.1             0.1              0.1              0.1             0.1       0.1
Sparkling Wine                                    0.3             0.3              0.3              0.3             0.3       0.4
- Champagne                                       0.0             0.0              0.0              0.0             0.0       0.0
- Other Sparkling Wine                            0.3             0.3              0.3              0.3             0.3       0.3
Still Light Grape Wine                           15.1            16.5             18.0             19.7            21.6      23.6
- Still Red Wine                                 12.3            13.5             14.8             16.2            17.9      19.5
- Still Rosé Wine                                 0.1             0.1              0.1              0.1             0.1       0.1
- Still White Wine                                2.7             2.9              3.2              3.4             3.7       4.0
Wine                                             15.5            16.9             18.5             20.2            22.1      24.1
Source:   Euromonitor International from official statistics, trade associations, trade press, company research,
          store checks, trade interviews, trade sources
Table 2            Sales of Wine by Category: Total Value 2014-2019
PHP million
                                                2014             2015            2016             2017             2018      2019
Fortified Wine and                               66.1            68.6             71.4             75.4            79.5      84.1
   Vermouth
- Port                                             -               -                -               -                -           -
- Sherry                                           -               -                -               -                -           -
- Vermouth                                      61.5            64.0             66.7            70.5             74.3        78.5
- Other Fortified Wine                           4.6             4.6              4.7             4.9              5.3         5.6
Non-Grape Wine                                 128.3           134.2            141.8           146.8            153.6       168.6
- Sake                                         128.3           134.2            141.8           146.8            153.6       168.6
Sparkling Wine                                 567.8           554.2            592.7           648.6            724.7       807.9
- Champagne                                    217.6           221.5            236.7           262.3            296.7       333.9
- Other Sparkling Wine                         350.2           332.7            356.0           386.2            428.0       474.0
Still Light Grape Wine                       8,670.2         9,582.8         10,653.4        11,956.1         13,792.3    15,773.1
- Still Red Wine                             7,125.7         7,925.9          8,844.5         9,939.1         11,503.3    13,166.3
- Still Rosé Wine                               57.8            60.3             62.8            66.9             74.0        82.0
- Still White Wine                           1,486.7         1,596.6          1,746.2         1,950.1          2,215.0     2,524.8
Wine                                         9,432.4        10,339.9         11,459.4        12,826.9         14,750.2    16,833.7
© Euromonitor International
WINE IN THE PHILIPPINES                                                                                                          Passport   4
Source:     Euromonitor International from official statistics, trade associations, trade press, company research,
            store checks, trade interviews, trade sources
Table 3             Sales of Wine by Category: % Total Volume Growth 2014-2019
% total volume growth
                                                                             2018/19         2014-19 CAGR             2014/19 Total
Fortified Wine and Vermouth                                                        3.5                       2.5              13.0
- Port                                                                               -                         -                 -
- Sherry                                                                             -                         -                 -
- Vermouth                                                                         3.7                       2.6              13.7
- Other Fortified Wine                                                             1.6                       0.9               4.4
Non-Grape Wine                                                                     3.2                       2.6              13.7
- Sake                                                                             3.2                       2.6              13.7
Sparkling Wine                                                                     6.7                       5.2              28.9
- Champagne                                                                        7.2                       6.6              37.6
- Other Sparkling Wine                                                             6.7                       5.1              28.2
Still Light Grape Wine                                                             9.2                       9.4              56.9
- Still Red Wine                                                                   9.5                       9.7              58.8
- Still Rosé Wine                                                                  5.2                       4.0              21.9
- Still White Wine                                                                 8.2                       8.3              49.1
Wine                                                                               9.1                       9.3              56.0
Source:     Euromonitor International from official statistics, trade associations, trade press, company research,
            store checks, trade interviews, trade sources
Table 4             Sales of Wine by Category: % Total Value Growth 2014-2019
% local currency, current value growth
                                                                             2018/19         2014-19 CAGR             2014/19 Total
Fortified Wine and Vermouth                                                       5.7                        4.9              27.2
- Port                                                                              -                          -                 -
- Sherry                                                                            -                          -                 -
- Vermouth                                                                        5.7                        5.0              27.5
- Other Fortified Wine                                                            6.1                        4.2              22.9
Non-Grape Wine                                                                    9.8                        5.6              31.4
- Sake                                                                            9.8                        5.6              31.4
Sparkling Wine                                                                   11.5                        7.3              42.3
- Champagne                                                                      12.5                        8.9              53.4
- Other Sparkling Wine                                                           10.7                        6.2              35.4
Still Light Grape Wine                                                           14.4                       12.7              81.9
- Still Red Wine                                                                 14.5                       13.1              84.8
- Still Rosé Wine                                                                10.9                        7.3              42.0
- Still White Wine                                                               14.0                       11.2              69.8
Wine                                                                             14.1                       12.3              78.5
Source:     Euromonitor International from official statistics, trade associations, trade press, company research,
            store checks, trade interviews, trade sources
Table 5             Sales of Wine by Off-trade vs On-trade: Volume 2014-2019
million litres
                                                  2014             2015            2016             2017             2018       2019
Off-trade                                          12.6            13.7             14.9             16.2            17.7       19.2
© Euromonitor International
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On-trade                                            2.9             3.2              3.5              3.9              4.4         4.9
Total                                              15.5            16.9             18.5             20.2             22.1        24.1
Source:     Euromonitor International from official statistics, trade associations, trade press, company research,
            store checks, trade interviews, trade sources
Table 6             Sales of Wine by Off-trade vs On-trade: Value 2014-2019
PHP million
                                                  2014             2015            2016             2017              2018        2019
Off-trade                                      5,454.5         5,919.5          6,475.8         7,103.9             7,979.9    8,949.6
On-trade                                       3,977.9         4,420.4          4,983.6         5,723.0             6,770.3    7,884.0
Total                                          9,432.4        10,339.9         11,459.4        12,826.9            14,750.2   16,833.7
Source:     Euromonitor International from official statistics, trade associations, trade press, company research,
            store checks, trade interviews, trade sources
Table 7             Sales of Wine by Off-trade vs On-trade: % Volume Growth 2014-2019
% volume growth
                                                                             2018/19         2014-19 CAGR               2014/19 Total
Off-trade                                                                         8.6                        8.8                52.7
On-trade                                                                         11.3                       11.2                70.3
Total                                                                             9.1                        9.3                56.0
Source:     Euromonitor International from official statistics, trade associations, trade press, company research,
            store checks, trade interviews, trade sources
Table 8             Sales of Wine by Off-trade vs On-trade: % Value Growth 2014-2019
% constant value growth
                                                                             2018/19         2014-19 CAGR               2014/19 Total
Off-trade                                                                        12.2                       10.4                64.1
On-trade                                                                         16.5                       14.7                98.2
Total                                                                            14.1                       12.3                78.5
Source:     Euromonitor International from official statistics, trade associations, trade press, company research,
            store checks, trade interviews, trade sources
Table 9             Sales of Still Red Wine by Price Segment: % Off-trade Volume 2014-2019
% off-trade
                                                  2014             2015            2016             2017              2018        2019
Under PHP200                                       0.1              0.1              0.1             0.1               0.1         0.0
PHP201 to PHP275                                  11.2              5.5              5.0             5.0               4.9         4.8
PHP276 to PHP300                                  18.5              5.9              5.4             5.3               5.3         5.3
PHP301 to PHP475                                  42.0             68.7             69.1            69.1              69.2        69.3
PHP476 to PHP675                                  14.1             10.0             10.2            10.3              10.3        10.3
PHP676 and above                                  14.1              9.8             10.2            10.3              10.3        10.3
Total                                            100.0            100.0            100.0           100.0             100.0       100.0
Source:     Euromonitor International from official statistics, trade associations, trade press, company research,
            store checks, trade interviews, trade sources
© Euromonitor International
WINE IN THE PHILIPPINES                                                                                                      Passport   6
Table 10           Sales of Still Rosé Wine by Price Segment: % Off-trade Volume 2014-2019
% off-trade
                                                 2014             2015            2016             2017             2018    2019
Under PHP200                                      0.8              0.7              0.6             0.5               0.5     0.5
PHP201 to PHP275                                 14.0             12.5             11.5            11.5              11.3    11.2
PHP276 to PHP400                                 17.5             18.0             18.3            18.3              18.1    18.1
PHP401 to PHP535                                 28.0             29.0             29.5            29.9              30.3    30.3
PHP536 to PHP675                                 22.5             22.5             22.6            22.8              22.9    23.0
PHP676 and above                                 17.2             17.3             17.5            17.0              17.0    16.9
Total                                           100.0            100.0            100.0           100.0             100.0   100.0
Source:    Euromonitor International from official statistics, trade associations, trade press, company research,
           store checks, trade interviews, trade sources
Table 11           Sales of Still White Wine by Price Segment: % Off-trade Volume 2014-2019
% off-trade
                                                 2014             2015            2016             2017             2018    2019
Under PHP200                                      0.2              0.0              0.0             0.0               0.0     0.0
PHP201 to PHP275                                 11.2              5.5              5.2             5.1               5.1     5.0
PHP276 to PHP300                                 18.6             11.9             11.4            11.3              11.3    11.3
PHP301 to PHP475                                 40.5             66.3             67.9            67.9              67.9    67.8
PHP476 to PHP675                                 18.4             10.3              9.8             9.8               9.8     9.8
PHP676 and above                                 11.2              6.0              5.7             5.9               5.9     6.0
Total                                           100.0            100.0            100.0           100.0             100.0   100.0
Source:    Euromonitor International from official statistics, trade associations, trade press, company research,
           store checks, trade interviews, trade sources
Table 12           Sales of Other Sparkling Wine by Price Segment: % Off-trade Volume 2014-
2019
% off-trade
                                                 2014             2015            2016             2017             2018    2019
Under PHP535                                      2.5              2.0              2.0             2.0               2.0     1.9
PHP536 to PHP675                                 11.5             11.7             11.6            11.8              11.5    11.4
PHP676 to PHP875                                 43.8             44.5             45.1            45.1              45.0    45.1
PHP876 to PHP1335                                22.1             22.0             21.8            21.7              21.9    22.2
PHP1336 and above                                20.1             19.8             19.6            19.5              19.0    18.8
Total                                           100.0            100.0            100.0           100.0             100.0   100.0
Source:    Euromonitor International from official statistics, trade associations, trade press, company research,
           store checks, trade interviews, trade sources
Table 13           GBO Company Shares of Still Light Grape Wine: % Total Volume 2015-2019
% total volume
Company                                                           2015            2016             2017             2018    2019
Bel Mondo Italia Corp                                             33.3             35.1             36.0             36.8    38.4
E&J Gallo Winery Inc                                              11.8             11.5             11.1             10.7    10.1
Wine Group Inc, The                                                4.4              4.2              4.1              3.9     3.7
Félix Solís Avantis SA                                             3.0              2.9              2.8              2.7     2.6
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Conrad & Co Inc                                                    2.8              2.6             2.4               2.3     2.1
Fly Ace Corp                                                       1.7              1.6             1.5               1.4     1.4
Cía Cervecerías Unidas SA                                          1.5              1.4             1.4               1.3     1.2
Mompo Arsenal Trading SL                                           1.0              0.9             0.8               0.8     0.7
Others                                                            40.6             39.7            39.9              40.2    39.6
Total                                                            100.0            100.0           100.0             100.0   100.0
Source:    Euromonitor International from official statistics, trade associations, trade press, company research,
           store checks, trade interviews, trade sources
Table 14           NBO Company Shares of Still Light Grape Wine: % Total Volume 2015-2019
% total volume
Company                                                           2015            2016             2017             2018    2019
Bel Mondo Italia Corp                                             33.3             35.1             36.0             36.8    38.4
Emperador Distillers Inc                                          11.8             11.5             11.1             10.7    10.1
Fly Ace Corp                                                       6.0              5.8              5.6              5.3     5.1
Philippine Wine                                                    3.0              2.9              2.8              2.7     2.6
   Merchants Inc
Conrad & Co Inc                                                     2.8              2.6             2.4              2.3     2.1
ESRQ Traders Inc                                                    1.5              1.4             1.4              1.3     1.2
Premier Wine & Spirits                                              1.0              0.9             0.8              0.8     0.7
   Inc
Others                                                            40.6             39.7            39.9              40.2    39.6
Total                                                            100.0            100.0           100.0             100.0   100.0
Source:    Euromonitor International from official statistics, trade associations, trade press, company research,
           store checks, trade interviews, trade sources
Table 15           LBN Brand Shares of Still Light Grape Wine: % Total Volume 2016-2019
% total volume
Brand (Global Brand                   Company                                     2016             2017             2018    2019
  Owner)
Novellino                             Bel Mondo Italia Corp                        35.1             36.0             36.8    38.4
Carlo Rossi (E&J                      Emperador Distillers Inc                     11.5             11.1             10.7    10.1
  Gallo Winery Inc)
Franzia (Wine Group                   Fly Ace Corp                                   4.2             4.1              3.9     3.7
  Inc, The)
Sol de España                         Philippine Wine                                2.9             2.8              2.7     2.6
  (Félix Solís                        Merchants Inc
  Avantis SA)
Don Quixote                           Conrad & Co Inc                                2.6             2.4              2.3     2.1
Doña Elena                            Fly Ace Corp                                   1.6             1.5              1.4     1.4
Gato Negro (Cía                       ESRQ Traders Inc                               1.4             1.4              1.3     1.2
  Cervecerías Unidas
  SA)
Mompo Mass Wine                       Premier Wine & Spirits                         0.9             0.8              0.8     0.7
  (Mompo Arsenal                      Inc
  Trading SL)
Others                                Others                                       39.7            39.9              40.2    39.6
Total                                 Total                                       100.0           100.0             100.0   100.0
Source:    Euromonitor International from official statistics, trade associations, trade press, company research,
           store checks, trade interviews, trade sources
© Euromonitor International
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Table 16           GBO Company Shares of Champagne: % Total Volume 2015-2019
% total volume
Company                                                           2015            2016             2017             2018    2019
LVMH Moët Hennessy                                                56.2             57.7             60.1             61.8    62.7
  Louis Vuitton SA
Others                                                            43.8             42.3            39.9              38.2    37.3
Total                                                            100.0            100.0           100.0             100.0   100.0
Source:    Euromonitor International from official statistics, trade associations, trade press, company research,
           store checks, trade interviews, trade sources
Table 17           NBO Company Shares of Champagne: % Total Volume 2015-2019
% total volume
Company                                                           2015            2016             2017             2018    2019
Moët Hennessy Philippines                                         56.2             57.7            60.1              61.8    62.7
Others                                                            43.8             42.3            39.9              38.2    37.3
Total                                                            100.0            100.0           100.0             100.0   100.0
Source:    Euromonitor International from official statistics, trade associations, trade press, company research,
           store checks, trade interviews, trade sources
Table 18           LBN Brand Shares of Champagne: % Total Volume 2016-2019
% total volume
Brand (Global Brand                   Company                                     2016             2017             2018    2019
  Owner)
Moët & Chandon                        Moët Hennessy Philippines                    42.9             45.2             47.1    48.3
  (LVMH Moët Hennessy
  Louis Vuitton SA)
Dom Pérignon (LVMH                    Moët Hennessy Philippines                      7.7             7.9              7.9     7.8
  Moët Hennessy Louis
  Vuitton SA)
Veuve Clicquot                        Moët Hennessy Philippines                      7.1             7.0              6.8     6.6
  (LVMH Moët Hennessy
  Louis Vuitton SA)
Others                                Others                                       42.3            39.9              38.2    37.3
Total                                 Total                                       100.0           100.0             100.0   100.0
Source:    Euromonitor International from official statistics, trade associations, trade press, company research,
           store checks, trade interviews, trade sources
Table 19           GBO Company Shares of Other Sparkling Wine: % Total Volume 2015-2019
% total volume
Company                                                           2015            2016             2017             2018    2019
Bacardi & Co Ltd                                                  25.8             26.2             26.7             26.6    26.1
Franz Wilhelm Langguth                                             3.9              3.8              3.7              3.6     3.5
  Erben GmbH & Co KG
Others                                                            70.3             70.0            69.6              69.8    70.4
Total                                                            100.0            100.0           100.0             100.0   100.0
Source:    Euromonitor International from official statistics, trade associations, trade press, company research,
           store checks, trade interviews, trade sources
© Euromonitor International
WINE IN THE PHILIPPINES                                                                                                      Passport   9
Table 20           NBO Company Shares of Other Sparkling Wine: % Total Volume 2015-2019
% total volume
Company                                                           2015            2016             2017             2018    2019
Future Trade                                                      25.8             26.2             26.7             26.6    26.1
  International Inc
Philippine Wine                                                     3.9              3.8             3.7              3.6     3.5
  Merchants Inc
Others                                                            70.3             70.0            69.6              69.8    70.4
Total                                                            100.0            100.0           100.0             100.0   100.0
Source:    Euromonitor International from official statistics, trade associations, trade press, company research,
           store checks, trade interviews, trade sources
Table 21           LBN Brand Shares of Other Sparkling Wine: % Total Volume 2016-2019
% total volume
Brand (Global Brand                   Company                                     2016             2017             2018    2019
  Owner)
Martini Asti                          Future Trade                                 26.2             26.7             26.6    26.1
  (Bacardi & Co Ltd)                  International Inc
Blue Nun Gold                         Philippine Wine                                3.8             3.7              3.6     3.5
  Edition (Franz                      Merchants Inc
  Wilhelm Langguth
  Erben GmbH & Co KG)
Others                                Others                                       70.0            69.6              69.8    70.4
Total                                 Total                                       100.0           100.0             100.0   100.0
Source:    Euromonitor International from official statistics, trade associations, trade press, company research,
           store checks, trade interviews, trade sources
Table 22           GBO Company Shares of Fortified Wine and Vermouth: % Total Volume 2015-
2019
% total volume
Company                                                           2015            2016             2017             2018    2019
Bacardi & Co Ltd                                                  26.3             26.5             26.5             25.8    24.7
Adriano Ramos Pinto-                                               0.1              0.1              0.1              0.1     0.1
  Vinhos SA
Others                                                            73.7             73.5            73.4              74.1    75.3
Total                                                            100.0            100.0           100.0             100.0   100.0
Source:    Euromonitor International from official statistics, trade associations, trade press, company research,
           store checks, trade interviews, trade sources
Table 23           NBO Company Shares of Fortified Wine and Vermouth: % Total Volume 2015-
2019
% total volume
Company                                                           2015            2016             2017             2018    2019
Future Trade                                                      26.3             26.5             26.5             25.8    24.7
© Euromonitor International
WINE IN THE PHILIPPINES                                                                                                      Passport   10
  International Inc
Philippine Wine                                                     0.1              0.1             0.1              0.1     0.1
  Merchants Inc
Others                                                            73.7             73.5            73.4              74.1    75.3
Total                                                            100.0            100.0           100.0             100.0   100.0
Source:    Euromonitor International from official statistics, trade associations, trade press, company research,
           store checks, trade interviews, trade sources
Table 24           LBN Brand Shares of Fortified Wine and Vermouth: % Total Volume 2016-2019
% total volume
Brand (Global Brand                   Company                                     2016             2017             2018    2019
  Owner)
Martini Rosso                         Future Trade                                   9.1             9.1              8.9     8.7
  (Bacardi & Co Ltd)                  International Inc
Ramos Pinto Porto                     Philippine Wine                                0.1             0.1              0.1     0.1
  (Adriano Ramos                      Merchants Inc
  Pinto-Vinhos SA)
Others                                Others                                       90.9            90.8              91.0    91.2
Total                                 Total                                       100.0           100.0             100.0   100.0
Source:    Euromonitor International from official statistics, trade associations, trade press, company research,
           store checks, trade interviews, trade sources
Table 25           Forecast Sales of Wine by Category: Total Volume 2019-2024
million litres
                                                 2019             2020            2021             2022             2023    2024
Fortified Wine and                                 0.1              0.0              0.0             0.0              0.0     0.0
   Vermouth
- Port                                               -               -                -                -                -       -
- Sherry                                             -               -                -                -                -       -
- Vermouth                                         0.0             0.0              0.0              0.0              0.0     0.0
- Other Fortified Wine                             0.0             0.0              0.0              0.0              0.0     0.0
Non-Grape Wine                                     0.1             0.1              0.1              0.1              0.1     0.1
- Sake                                             0.1             0.1              0.1              0.1              0.1     0.1
Sparkling Wine                                     0.4             0.3              0.3              0.3              0.4     0.4
- Champagne                                        0.0             0.0              0.0              0.0              0.0     0.0
- Other Sparkling Wine                             0.3             0.3              0.3              0.3              0.3     0.3
Still Light Grape Wine                            23.6            22.2             21.6             23.2             24.9    26.6
- Still Red Wine                                  19.5            18.4             17.8             19.1             20.4    21.9
- Still Rosé Wine                                  0.1             0.1              0.1              0.1              0.1     0.1
- Still White Wine                                 4.0             3.8              3.7              4.1              4.4     4.6
Wine                                              24.1            22.7             22.0             23.7             25.4    27.1
Source:    Euromonitor International from trade associations, trade press, company research, trade interviews,
           trade sources
Table 26           Forecast Sales of Wine by Category: Total Value 2019-2024
PHP million
                                                 2019             2020            2021             2022             2023    2024
Fortified Wine and                                84.1            67.1             72.0             77.1             79.4    80.6
  Vermouth
© Euromonitor International
WINE IN THE PHILIPPINES                                                                                                       Passport   11
- Port                                            -               -                -               -                 -          -
- Sherry                                          -               -                -               -                 -          -
- Vermouth                                     78.5            62.8             67.1            71.7              73.7       74.6
- Other Fortified Wine                          5.6             4.3              4.9             5.4               5.7        6.0
Non-Grape Wine                                168.6           135.8            149.2           167.3             181.6      194.0
- Sake                                        168.6           135.8            149.2           167.3             181.6      194.0
Sparkling Wine                                807.9           677.4            710.1           777.0             838.4      900.8
- Champagne                                   333.9           258.8            287.4           317.2             344.5      372.1
- Other Sparkling Wine                        474.0           418.6            422.7           459.8             493.9      528.7
Still Light Grape Wine                     15,773.1        14,092.3         14,679.8        16,287.2          17,963.8   19,642.4
- Still Red Wine                           13,166.3        11,731.9         12,226.8        13,543.6          14,932.5   16,338.9
- Still Rosé Wine                              82.0            69.7             74.4            81.3              88.0       93.7
- Still White Wine                          2,524.8         2,290.8          2,378.7         2,662.3           2,943.2    3,209.8
Wine                                       16,833.7        14,972.6         15,611.0        17,308.6          19,063.1   20,817.8
Source:    Euromonitor International from trade associations, trade press, company research, trade interviews,
           trade sources
Table 27           Forecast Sales of Wine by Category: % Total Volume Growth 2019-2024
% total volume growth
                                                                          2019/20        2019-24 CAGR              2019/24 Total
Fortified Wine and Vermouth                                                  -17.8                     -1.5                -7.1
- Port                                                                           -                        -                   -
- Sherry                                                                         -                        -                   -
- Vermouth                                                                   -17.8                     -1.4                -7.0
- Other Fortified Wine                                                       -18.9                     -1.8                -8.5
Non-Grape Wine                                                               -19.1                     -0.3                -1.6
- Sake                                                                       -19.1                     -0.3                -1.6
Sparkling Wine                                                                -7.7                     -0.2                -0.8
- Champagne                                                                  -20.9                     -0.4                -1.9
- Other Sparkling Wine                                                        -6.6                     -0.1                -0.7
Still Light Grape Wine                                                        -5.8                      2.4                12.5
- Still Red Wine                                                              -6.0                      2.3                11.8
- Still Rosé Wine                                                            -12.3                      0.2                 1.2
- Still White Wine                                                            -4.9                      3.0                15.9
Wine                                                                          -5.9                      2.3                12.2
Source:    Euromonitor International from trade associations, trade press, company research, trade interviews,
           trade sources
Table 28           Forecast Sales of Wine by Category: % Total Value Growth 2019-2024
% local currency, constant value growth
                                                                       2019/2020         2019-24 CAGR              2019/24 Total
Fortified Wine and Vermouth                                                  -20.2                     -0.8                -4.2
- Port                                                                           -                        -                   -
- Sherry                                                                         -                        -                   -
- Vermouth                                                                   -20.0                     -1.0                -5.0
- Other Fortified Wine                                                       -23.0                      1.4                 7.4
Non-Grape Wine                                                               -19.5                      2.8                15.1
- Sake                                                                       -19.5                      2.8                15.1
Sparkling Wine                                                               -16.1                      2.2                11.5
- Champagne                                                                  -22.5                      2.2                11.5
- Other Sparkling Wine                                                       -11.7                      2.2                11.5
Still Light Grape Wine                                                       -10.7                      4.5                24.5
© Euromonitor International
WINE IN THE PHILIPPINES                                                                                           Passport   12
- Still Red Wine                                                            -10.9                      4.4      24.1
- Still Rosé Wine                                                           -15.1                      2.7      14.2
- Still White Wine                                                           -9.3                      4.9      27.1
Wine                                                                        -11.1                      4.3      23.7
Source:   Euromonitor International from trade associations, trade press, company research, trade interviews,
          trade sources
© Euromonitor International