| Product Code: ETC8836562 | 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 |
The Philippines is experiencing a significant surge in broad spectrum cannabidiol (CBD) oil import shipments, with top exporters in 2024 being Spain, Malaysia, China, Japan, and Metropolitan France. The market concentration, as measured by the Herfindahl-Hirschman Index (HHI), has escalated from moderate in 2023 to very high in 2024, indicating a more consolidated market landscape. The impressive Compound Annual Growth Rate (CAGR) of 34.47% from 2020 to 2024, coupled with a remarkable growth rate of 105.67% from 2023 to 2024, showcases the robust demand and rapid expansion of the CBD oil market in the 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 Broad Spectrum Cannabidiol (CBD) Oil Market Overview |
3.1 Philippines Country Macro Economic Indicators |
3.2 Philippines Broad Spectrum Cannabidiol (CBD) Oil Market Revenues & Volume, 2021 & 2031F |
3.3 Philippines Broad Spectrum Cannabidiol (CBD) Oil Market - Industry Life Cycle |
3.4 Philippines Broad Spectrum Cannabidiol (CBD) Oil Market - Porter's Five Forces |
3.5 Philippines Broad Spectrum Cannabidiol (CBD) Oil Market Revenues & Volume Share, By Compound, 2021 & 2031F |
3.6 Philippines Broad Spectrum Cannabidiol (CBD) Oil Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.7 Philippines Broad Spectrum Cannabidiol (CBD) Oil Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Philippines Broad Spectrum Cannabidiol (CBD) Oil Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing consumer awareness and acceptance of CBD oil for health and wellness purposes |
4.2.2 Growing interest in natural and alternative remedies for various health conditions |
4.2.3 Favorable government regulations and policies supporting the use of CBD oil in the Philippines |
4.3 Market Restraints |
4.3.1 Lack of clear regulatory framework and uncertainty around legal status of CBD oil in the Philippines |
4.3.2 Limited availability of high-quality, locally sourced CBD oil products |
4.3.3 Concerns over potential side effects and lack of comprehensive research on the long-term effects of CBD oil use |
5 Philippines Broad Spectrum Cannabidiol (CBD) Oil Market Trends |
6 Philippines Broad Spectrum Cannabidiol (CBD) Oil Market, By Types |
6.1 Philippines Broad Spectrum Cannabidiol (CBD) Oil Market, By Compound |
6.1.1 Overview and Analysis |
6.1.2 Philippines Broad Spectrum Cannabidiol (CBD) Oil Market Revenues & Volume, By Compound, 2021- 2031F |
6.1.3 Philippines Broad Spectrum Cannabidiol (CBD) Oil Market Revenues & Volume, By Terpenes, 2021- 2031F |
6.1.4 Philippines Broad Spectrum Cannabidiol (CBD) Oil Market Revenues & Volume, By Flavonoids, 2021- 2031F |
6.1.5 Philippines Broad Spectrum Cannabidiol (CBD) Oil Market Revenues & Volume, By Cannabinoids, 2021- 2031F |
6.2 Philippines Broad Spectrum Cannabidiol (CBD) Oil Market, By Type |
6.2.1 Overview and Analysis |
6.2.2 Philippines Broad Spectrum Cannabidiol (CBD) Oil Market Revenues & Volume, By Hemp-Derived, 2021- 2031F |
6.2.3 Philippines Broad Spectrum Cannabidiol (CBD) Oil Market Revenues & Volume, By Marijuana-Derived, 2021- 2031F |
6.3 Philippines Broad Spectrum Cannabidiol (CBD) Oil Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Philippines Broad Spectrum Cannabidiol (CBD) Oil Market Revenues & Volume, By Cosmetics Industry, 2021- 2031F |
6.3.3 Philippines Broad Spectrum Cannabidiol (CBD) Oil Market Revenues & Volume, By Food Industry, 2021- 2031F |
6.3.4 Philippines Broad Spectrum Cannabidiol (CBD) Oil Market Revenues & Volume, By Pharmaceuticals Industry, 2021- 2031F |
7 Philippines Broad Spectrum Cannabidiol (CBD) Oil Market Import-Export Trade Statistics |
7.1 Philippines Broad Spectrum Cannabidiol (CBD) Oil Market Export to Major Countries |
7.2 Philippines Broad Spectrum Cannabidiol (CBD) Oil Market Imports from Major Countries |
8 Philippines Broad Spectrum Cannabidiol (CBD) Oil Market Key Performance Indicators |
8.1 Number of new entrants or players in the Philippines CBD oil market |
8.2 Growth in the number of retail outlets or online platforms selling CBD oil products |
8.3 Increase in consumer education initiatives or awareness campaigns about the benefits and uses of CBD oil |
9 Philippines Broad Spectrum Cannabidiol (CBD) Oil Market - Opportunity Assessment |
9.1 Philippines Broad Spectrum Cannabidiol (CBD) Oil Market Opportunity Assessment, By Compound, 2021 & 2031F |
9.2 Philippines Broad Spectrum Cannabidiol (CBD) Oil Market Opportunity Assessment, By Type, 2021 & 2031F |
9.3 Philippines Broad Spectrum Cannabidiol (CBD) Oil Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Philippines Broad Spectrum Cannabidiol (CBD) Oil Market - Competitive Landscape |
10.1 Philippines Broad Spectrum Cannabidiol (CBD) Oil Market Revenue Share, By Companies, 2024 |
10.2 Philippines Broad Spectrum Cannabidiol (CBD) Oil Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |