This article will discuss the scenarios for agriculture in 2024 and prospects for 2025, with focus on how to future-proof Philippine food and agribusiness. It will elaborate on innovation, resilience, and sustainable competitiveness – strategic areas that are crucial in addressing mounting challenges such as climate disruptions, rising costs, and evolving consumer preferences.
by Marie Annette G. Dacul, Executive Director, and Ditas R. Macabasco, Principal Agribusiness Specialist, Center for Food and Agri Business, UA&P
THE PHILIPPINE AGRICULTURE sector stands at a critical juncture, shaped by both persistent challenges and emerging opportunities. As the country strives to ensure food security and economic resilience, it becomes imperative to reimagine the future of food and agribusiness.
AGRICULTURE PERFORMANCE IN 2024
In 2024, the agriculture sector posted a contraction of 1.5 percent, a reversal from the 1.2 percent growth recorded in 2023. This fell below the Department of Agriculture’s (DA) growth target of 1.0 to 2.0 percent for the year. While poultry remained a strong driver, other major sub-sectors—particularly crops, livestock, and fisheries—acted as significant dampeners.
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