Food and groceries delivery is expected to grow further even if movement restrictions have been eased as disposable income and urbanization in the Philippines are projected to sustain their expansi…
Food and groceries delivery is expected to grow further even if movement restrictions have been eased as disposable income and urbanization in the Philippines are projected to sustain their expansion.
“Post-Covid, industry players have continued to refine their offerings, while the number of first-time users will continue to use the service, as they acknowledge its convenience and delivery service will become more efficient and user-friendly,” it said. While inflation continues to rise and is forecast to average at about 5.6 percent this year, it added, the growth of disposable income is expected to outpace this.
The report cited Filipinos’ rising preference for healthier food options, especially those from the middle to high income segments.
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