Philippines Black Eyed Pea Market (2025-2031) Outlook | Trends, Share, Analysis, Growth, Revenue, Value, Companies, Industry, Size & Forecast

Market Forecast By Distribution Channel (Online, Offline), By Application (Commercial, Households, Others) And Competitive Landscape
Product Code: ETC409405 Publication Date: Oct 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

Philippines Black Eyed Pea Market Top 5 Importing Countries and Market Competition (HHI) Analysis

The Philippines saw a significant rise in black eyed pea import shipments in 2024, with top exporters being Argentina, Egypt, China, USA, and India. Despite a decrease in the Herfindahl-Hirschman Index (HHI) from very high concentration in 2023 to high concentration in 2024, the market remained competitive. The compound annual growth rate (CAGR) for 2020-2024 was robust at 14.82%, indicating a healthy expansion in demand. Moreover, the growth rate from 2023 to 2024 was steady at 1.42%, reflecting a consistent upward trend in black eyed pea imports to the Philippines.

Philippines Black Eyed Pea Market Top 5 Importing Countries and Market Competition (HHI) Analysis

philippines black eyed pea market Synopsis

In the Philippines, the black-eyed pea market is deeply rooted in local cuisine and cultural practices. Black-eyed peas are a staple in Filipino dishes, and their market growth is tied to traditional culinary preferences as well as their nutritional content. Additionally, as there is an increasing awareness of plant-based protein sources and dietary diversity, black-eyed peas have gained attention for their protein and fiber content. This has encouraged cultivation and distribution efforts to maintain a stable supply, both for domestic consumption and potential export, contributing to the country`s agricultural economy.

Drivers of the Market

The Philippines Black Eyed Pea market is influenced by factors such as population growth, changing dietary habits, and the nutritional value of black-eyed peas. These peas are a good source of protein, fiber, and essential nutrients, making them an attractive option for health-conscious consumers. Additionally, their versatile culinary applications in various traditional Filipino dishes drive demand, while efforts to promote sustainable agriculture practices further impact the market`s growth.

Challenges of the Market

The Philippines black eyed pea market faces challenges primarily related to supply chain management, quality assurance, and changing dietary preferences. Black eyed peas are a valuable source of plant-based protein and nutrients, but their market growth could be hindered by issues such as fluctuating yields due to climate variability, ensuring consistent product quality, and addressing post-harvest losses. Moreover, consumer preferences for convenience and a diverse range of food options might impact traditional consumption patterns, requiring efforts to promote black eyed peas as a nutritious and versatile ingredient.

COVID-19 Impact on the Market

The Philippines black-eyed pea market was influenced by the pandemic`s impact on food supply and demand. Black-eyed peas, a staple in Filipino cuisine, faced challenges due to disruptions in agriculture, transportation, and trade. Lockdowns affected planting and harvesting activities, leading to potential supply shortages. Consumer behavior changes, including stockpiling and altered purchasing patterns, also impacted market dynamics. As supply chains were restored and economic activities resumed, the market gradually stabilized.

Key Players in the Market

The key players in the Philippines black eyed pea market are FMC Corporation, Limagrain Cereal Seeds Inc., and Syngenta AG. These companies are engaged in offering high quality of products to their customers in terms of quantity, price, nutrition value, and service level. FMC Corporation produces various types of crops such as cereals, oilseeds, pulses & grains which include black eyed peas. It has facilities located across different parts of the country for production and marketing activities. Limagrain Cereal Seeds is another major player that provides a wide range of seed varieties such as hybrid corn seeds along with its bean crop including black eyed peas for cultivation purpose. Syngenta AG also offers a wide variety of agro-inputs required during cultivation process including fertilizers and pesticides for better yield output from the field.

Key Highlights of the Report:

  • Philippines Black Eyed Pea Market Outlook
  • Market Size of Philippines Black Eyed Pea Market, 2024
  • Forecast of Philippines Black Eyed Pea Market, 2031
  • Historical Data and Forecast of Philippines Black Eyed Pea Revenues & Volume for the Period 2021-2031
  • Philippines Black Eyed Pea Market Trend Evolution
  • Philippines Black Eyed Pea Market Drivers and Challenges
  • Philippines Black Eyed Pea Price Trends
  • Philippines Black Eyed Pea Porter's Five Forces
  • Philippines Black Eyed Pea Industry Life Cycle
  • Historical Data and Forecast of Philippines Black Eyed Pea Market Revenues & Volume By Distribution Channel for the Period 2021-2031
  • Historical Data and Forecast of Philippines Black Eyed Pea Market Revenues & Volume By Online for the Period 2021-2031
  • Historical Data and Forecast of Philippines Black Eyed Pea Market Revenues & Volume By Offline for the Period 2021-2031
  • Historical Data and Forecast of Philippines Black Eyed Pea Market Revenues & Volume By Application for the Period 2021-2031
  • Historical Data and Forecast of Philippines Black Eyed Pea Market Revenues & Volume By Commercial for the Period 2021-2031
  • Historical Data and Forecast of Philippines Black Eyed Pea Market Revenues & Volume By Households for the Period 2021-2031
  • Historical Data and Forecast of Philippines Black Eyed Pea Market Revenues & Volume By Others for the Period 2021-2031
  • Philippines Black Eyed Pea Import Export Trade Statistics
  • Market Opportunity Assessment By Distribution Channel
  • Market Opportunity Assessment By Application
  • Philippines Black Eyed Pea Top Companies Market Share
  • Philippines Black Eyed Pea Competitive Benchmarking By Technical and Operational Parameters
  • Philippines Black Eyed Pea Company Profiles
  • Philippines Black Eyed Pea Key Strategic Recommendations

Frequently Asked Questions About the Market Study (FAQs):

6Wresearch actively monitors the Philippines Black Eyed Pea Market and publishes its comprehensive annual report, highlighting emerging trends, growth drivers, revenue analysis, and forecast outlook. Our insights help businesses to make data-backed strategic decisions with ongoing market dynamics. Our analysts track relevent industries related to the Philippines Black Eyed Pea Market, allowing our clients with actionable intelligence and reliable forecasts tailored to emerging regional needs.
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