| Product Code: ETC384509 | Publication Date: Aug 2022 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
The Philippines red clover import market saw significant growth in 2024, with top exporting countries including Australia, Spain, USA, Mexico, and Thailand. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market, while the impressive Compound Annual Growth Rate (CAGR) of 12.33% from 2020 to 2024 reflects sustained market expansion. The remarkable growth rate of 44.24% from 2023 to 2024 suggests a surge in demand for red clover imports in the Philippines, highlighting potential opportunities for both local and international suppliers in the market.

In agriculture, the Philippines red clover market has gained attention for its potential in livestock farming. Red clover is valued for its use as forage, contributing to improved animal nutrition and sustainable farming practices.
In the agricultural sector, crops like red clover have garnered attention for their potential as forage and cover crops. Red clover, with its nitrogen-fixing properties, aids in soil enrichment and contributes to sustainable farming practices. The market for red clover reflects a broader trend towards agroecological approaches that prioritize soil health, biodiversity, and reduced chemical inputs.
The Philippines red clover market faces challenges related to climate adaptability, market awareness, and market demand. Red clover is often grown as a forage crop, and adapting it to local climate conditions can be a challenge. Raising awareness about the potential uses and benefits of red clover in various industries, such as livestock feed and herbal supplements, is important. Generating consistent demand for red clover products requires education and market development efforts.
The COVID-19 pandemic impacted the Philippines red clover market, particularly in sectors such as dietary supplements and traditional medicine. Supply chain disruptions and challenges in ingredient sourcing affected the production of products containing red clover extracts. Additionally, consumer spending patterns shifted during the crisis, influencing demand. The market`s recovery will depend on restoring supply chains, resuming consumer spending, and continued interest in natural remedies.
The red clover market in the Philippines is relatively niche, with key players focusing on providing forage and pasture solutions. Companies such as Allied Botanical Corporation and East-West Seed Philippines offer red clover seeds for agricultural purposes. These players contribute to sustainable livestock farming and forage production in the country.