| Product Code: ETC8834694 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Sumit Sagar | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
In 2024, the Philippines continued to rely on key aquafeed modifiers imports from Vietnam, Taiwan, Province of China, Thailand, Indonesia, and China. Despite a high Herfindahl-Hirschman Index indicating market concentration, the industry experienced a negative compound annual growth rate of -5.78% from 2020 to 2024. Furthermore, the growth rate plummeted by -27.57% from 2023 to 2024, reflecting a challenging period for aquafeed modifier imports in the Philippines. Monitoring market dynamics and exploring strategies to stimulate growth will be crucial for industry players in the coming years.

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 Aquafeed Modifiers Market Overview |
3.1 Philippines Country Macro Economic Indicators |
3.2 Philippines Aquafeed Modifiers Market Revenues & Volume, 2021 & 2031F |
3.3 Philippines Aquafeed Modifiers Market - Industry Life Cycle |
3.4 Philippines Aquafeed Modifiers Market - Porter's Five Forces |
3.5 Philippines Aquafeed Modifiers Market Revenues & Volume Share, By Species, 2021 & 2031F |
3.6 Philippines Aquafeed Modifiers Market Revenues & Volume Share, By Flavour, 2021 & 2031F |
3.7 Philippines Aquafeed Modifiers Market Revenues & Volume Share, By Form, 2021 & 2031F |
4 Philippines Aquafeed Modifiers Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for aquaculture products in the Philippines |
4.2.2 Growing awareness about the importance of aquafeed modifiers for enhancing aquaculture productivity |
4.2.3 Government initiatives to support the aquaculture industry in the Philippines |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices for aquafeed modifiers |
4.3.2 Environmental concerns related to the use of aquafeed modifiers in aquaculture practices |
5 Philippines Aquafeed Modifiers Market Trends |
6 Philippines Aquafeed Modifiers Market, By Types |
6.1 Philippines Aquafeed Modifiers Market, By Species |
6.1.1 Overview and Analysis |
6.1.2 Philippines Aquafeed Modifiers Market Revenues & Volume, By Species, 2021- 2031F |
6.1.3 Philippines Aquafeed Modifiers Market Revenues & Volume, By Fish, 2021- 2031F |
6.1.4 Philippines Aquafeed Modifiers Market Revenues & Volume, By Crustaceans, 2021- 2031F |
6.1.5 Philippines Aquafeed Modifiers Market Revenues & Volume, By Mollusks, 2021- 2031F |
6.1.6 Philippines Aquafeed Modifiers Market Revenues & Volume, By Other Species, 2021- 2031F |
6.2 Philippines Aquafeed Modifiers Market, By Flavour |
6.2.1 Overview and Analysis |
6.2.2 Philippines Aquafeed Modifiers Market Revenues & Volume, By Blackcurrant Supreme, 2021- 2031F |
6.2.3 Philippines Aquafeed Modifiers Market Revenues & Volume, By Crayfish and Thermidor, 2021- 2031F |
6.2.4 Philippines Aquafeed Modifiers Market Revenues & Volume, By Creamy Vanilla, 2021- 2031F |
6.2.5 Philippines Aquafeed Modifiers Market Revenues & Volume, By Hexed Cream, 2021- 2031F |
6.2.6 Philippines Aquafeed Modifiers Market Revenues & Volume, By Indian Bun Spice, 2021- 2031F |
6.2.7 Philippines Aquafeed Modifiers Market Revenues & Volume, By Maple, 2021- 2031F |
6.2.8 Philippines Aquafeed Modifiers Market Revenues & Volume, By Tutti Fruiti, 2021- 2031F |
6.2.9 Philippines Aquafeed Modifiers Market Revenues & Volume, By Tutti Fruiti, 2021- 2031F |
6.3 Philippines Aquafeed Modifiers Market, By Form |
6.3.1 Overview and Analysis |
6.3.2 Philippines Aquafeed Modifiers Market Revenues & Volume, By Extruded, 2021- 2031F |
6.3.3 Philippines Aquafeed Modifiers Market Revenues & Volume, By Pellet, 2021- 2031F |
6.3.4 Philippines Aquafeed Modifiers Market Revenues & Volume, By Liquid and Powder, 2021- 2031F |
7 Philippines Aquafeed Modifiers Market Import-Export Trade Statistics |
7.1 Philippines Aquafeed Modifiers Market Export to Major Countries |
7.2 Philippines Aquafeed Modifiers Market Imports from Major Countries |
8 Philippines Aquafeed Modifiers Market Key Performance Indicators |
8.1 Research and development investment in new aquafeed modifier technologies |
8.2 Adoption rate of innovative aquafeed modifier products in the Philippines |
8.3 Regulatory approvals for aquafeed modifiers in the aquaculture sector |
9 Philippines Aquafeed Modifiers Market - Opportunity Assessment |
9.1 Philippines Aquafeed Modifiers Market Opportunity Assessment, By Species, 2021 & 2031F |
9.2 Philippines Aquafeed Modifiers Market Opportunity Assessment, By Flavour, 2021 & 2031F |
9.3 Philippines Aquafeed Modifiers Market Opportunity Assessment, By Form, 2021 & 2031F |
10 Philippines Aquafeed Modifiers Market - Competitive Landscape |
10.1 Philippines Aquafeed Modifiers Market Revenue Share, By Companies, 2024 |
10.2 Philippines Aquafeed Modifiers 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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