| Product Code: ETC312209 | 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 experienced a significant increase in imports of angelica root oil in 2024, with top exporting countries being China, India, USA, Spain, and UK. The market concentration, as measured by the Herfindahl-Hirschman Index (HHI), shifted from moderate in 2023 to very high in 2024, indicating a more consolidated market. The compound annual growth rate (CAGR) for the period 2020-2024 was an impressive 25.72%, with a growth rate of 3.52% from 2023 to 2024, showcasing a strong demand for angelica root oil in the Philippines.

In recent years, the Philippines Androstenedione market has shown moderate growth with a CAGR of 5%. Androstenedione is a hormone and a precursor to testosterone and estrogen. The growth of this market is influenced by factors such as sports and fitness trends, pharmaceutical applications, and hormone replacement therapies.
The market for Angelica Root Oil in the Philippines is driven by its use in traditional medicine, aromatherapy, and cosmetic formulations. The increasing preference for natural and herbal remedies contributes to the demand for angelica root oil.
Challenges in the Angelica Root Oil market include the need to ensure a sustainable supply of raw materials. Overharvesting and habitat destruction can threaten the availability of angelica root, impacting oil production. Establishing responsible sourcing practices and promoting cultivation efforts are important steps in overcoming these challenges.
The Philippines Angelica Root Oil market has faced challenges due to the COVID-19 pandemic. The disruptions in the supply chain and reduced consumer spending on non-essential items have impacted the market growth.
Leading companies in the Philippines Angelica Root Oil Market include Young Living Philippines, DoTERRA Philippines, and Edens Garden Philippines.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Philippines Angelica Root Oil Market Overview |
3.1 Philippines Country Macro Economic Indicators |
3.2 Philippines Angelica Root Oil Market Revenues & Volume, 2021 & 2031F |
3.3 Philippines Angelica Root Oil Market - Industry Life Cycle |
3.4 Philippines Angelica Root Oil Market - Porter's Five Forces |
3.5 Philippines Angelica Root Oil Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Philippines Angelica Root Oil Market Revenues & Volume Share, By Applications, 2021 & 2031F |
4 Philippines Angelica Root Oil Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing awareness about the benefits of angelica root oil in skincare and wellness products |
4.2.2 Growing demand for natural and organic ingredients in personal care products |
4.2.3 Rise in disposable income leading to higher spending on premium beauty products |
4.3 Market Restraints |
4.3.1 Limited availability of angelica root for oil extraction |
4.3.2 Fluctuating prices of angelica root oil due to supply chain disruptions |
4.3.3 Lack of standardized quality control measures in the production of angelica root oil |
5 Philippines Angelica Root Oil Market Trends |
6 Philippines Angelica Root Oil Market, By Types |
6.1 Philippines Angelica Root Oil Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Philippines Angelica Root Oil Market Revenues & Volume, By Product Type, 2021-2031F |
6.1.3 Philippines Angelica Root Oil Market Revenues & Volume, By Essential Oil, 2021-2031F |
6.1.4 Philippines Angelica Root Oil Market Revenues & Volume, By Unilateral Essential Oil, 2021-2031F |
6.2 Philippines Angelica Root Oil Market, By Applications |
6.2.1 Overview and Analysis |
6.2.2 Philippines Angelica Root Oil Market Revenues & Volume, By Medical, 2021-2031F |
6.2.3 Philippines Angelica Root Oil Market Revenues & Volume, By Spa and Relaxation, 2021-2031F |
6.2.4 Philippines Angelica Root Oil Market Revenues & Volume, By Others, 2021-2031F |
7 Philippines Angelica Root Oil Market Import-Export Trade Statistics |
7.1 Philippines Angelica Root Oil Market Export to Major Countries |
7.2 Philippines Angelica Root Oil Market Imports from Major Countries |
8 Philippines Angelica Root Oil Market Key Performance Indicators |
8.1 Number of new product launches containing angelica root oil |
8.2 Consumer sentiment towards angelica root oil-based products |
8.3 Volume of angelica root oil imports/exports |
8.4 Number of partnerships between angelica root oil suppliers and cosmetic companies |
8.5 Growth in the number of angelica root oil processing facilities |
9 Philippines Angelica Root Oil Market - Opportunity Assessment |
9.1 Philippines Angelica Root Oil Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Philippines Angelica Root Oil Market Opportunity Assessment, By Applications, 2021 & 2031F |
10 Philippines Angelica Root Oil Market - Competitive Landscape |
10.1 Philippines Angelica Root Oil Market Revenue Share, By Companies, 2024 |
10.2 Philippines Angelica Root Oil Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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