| Product Code: ETC11372641 | Publication Date: Apr 2025 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Bhawna Singh | No. of Pages: 65 | No. of Figures: 34 | No. of Tables: 19 |
In 2024, the Philippines saw a significant increase in the import of ayurvedic herbal extracts, with top exporters being China, Singapore, Germany, Metropolitan France, and Japan. The market concentration, as measured by the Herfindahl-Hirschman Index (HHI), shifted from moderate to high concentration, indicating a more competitive landscape. Despite a negative Compound Annual Growth Rate (CAGR) of -2.27% from 2020 to 2024, the growth rate in 2024 showed a steep decline of -14.54%. This suggests a challenging market environment that may require strategic adjustments for importers and suppliers in the ayurvedic herbal extract industry.

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 Ayurvedic Herbal Extract Market Overview |
3.1 Philippines Country Macro Economic Indicators |
3.2 Philippines Ayurvedic Herbal Extract Market Revenues & Volume, 2021 & 2031F |
3.3 Philippines Ayurvedic Herbal Extract Market - Industry Life Cycle |
3.4 Philippines Ayurvedic Herbal Extract Market - Porter's Five Forces |
3.5 Philippines Ayurvedic Herbal Extract Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Philippines Ayurvedic Herbal Extract Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Philippines Ayurvedic Herbal Extract Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing consumer awareness about the benefits of Ayurvedic products |
4.2.2 Growing demand for natural and organic products in the Philippines |
4.2.3 Rising prevalence of lifestyle diseases driving the adoption of herbal remedies |
4.3 Market Restraints |
4.3.1 Limited availability of authentic Ayurvedic herbal extracts in the market |
4.3.2 Lack of standardized regulations for Ayurvedic products in the Philippines |
4.3.3 Price sensitivity among consumers compared to conventional pharmaceutical products |
5 Philippines Ayurvedic Herbal Extract Market Trends |
6 Philippines Ayurvedic Herbal Extract Market, By Types |
6.1 Philippines Ayurvedic Herbal Extract Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Philippines Ayurvedic Herbal Extract Market Revenues & Volume, By Type, 2021 - 2031F |
6.1.3 Philippines Ayurvedic Herbal Extract Market Revenues & Volume, By Ginseng, 2021 - 2031F |
6.1.4 Philippines Ayurvedic Herbal Extract Market Revenues & Volume, By Cardamom, 2021 - 2031F |
6.1.5 Philippines Ayurvedic Herbal Extract Market Revenues & Volume, By Cumin, 2021 - 2031F |
6.1.6 Philippines Ayurvedic Herbal Extract Market Revenues & Volume, By Basil, 2021 - 2031F |
6.1.7 Philippines Ayurvedic Herbal Extract Market Revenues & Volume, By Neem, 2021 - 2031F |
6.1.8 Philippines Ayurvedic Herbal Extract Market Revenues & Volume, By Ashwagandha, 2021 - 2029F |
6.1.9 Philippines Ayurvedic Herbal Extract Market Revenues & Volume, By Others, 2021 - 2029F |
6.1.10 Philippines Ayurvedic Herbal Extract Market Revenues & Volume, By Others, 2021 - 2029F |
6.2 Philippines Ayurvedic Herbal Extract Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Philippines Ayurvedic Herbal Extract Market Revenues & Volume, By Food and Beverages, 2021 - 2031F |
6.2.3 Philippines Ayurvedic Herbal Extract Market Revenues & Volume, By Personal Care and Cosmetics, 2021 - 2031F |
6.2.4 Philippines Ayurvedic Herbal Extract Market Revenues & Volume, By Pharmaceutical and Nutraceutical, 2021 - 2031F |
6.2.5 Philippines Ayurvedic Herbal Extract Market Revenues & Volume, By Animal Feed, 2021 - 2031F |
7 Philippines Ayurvedic Herbal Extract Market Import-Export Trade Statistics |
7.1 Philippines Ayurvedic Herbal Extract Market Export to Major Countries |
7.2 Philippines Ayurvedic Herbal Extract Market Imports from Major Countries |
8 Philippines Ayurvedic Herbal Extract Market Key Performance Indicators |
8.1 Number of new product launches in the Ayurvedic herbal extract market |
8.2 Consumer engagement and interest in Ayurvedic products through social media and online platforms |
8.3 Growth in the number of Ayurvedic wellness centers or clinics offering herbal extract treatments |
9 Philippines Ayurvedic Herbal Extract Market - Opportunity Assessment |
9.1 Philippines Ayurvedic Herbal Extract Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Philippines Ayurvedic Herbal Extract Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Philippines Ayurvedic Herbal Extract Market - Competitive Landscape |
10.1 Philippines Ayurvedic Herbal Extract Market Revenue Share, By Companies, 2024 |
10.2 Philippines Ayurvedic Herbal Extract Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |