Product Code: ETC8836886 | Publication Date: Sep 2024 | Updated Date: May 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | Author: Bhawna Singh | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
The Cannabidiol (CBD) market in the Philippines is an emerging sector, reflecting global trends in natural wellness and therapeutic products. While regulatory frameworks are still evolving, interest in CBD for managing anxiety, pain, and inflammation is growing among health-conscious consumers.
The cannabidiol (CBD) market in the Philippines is witnessing rapid growth as awareness of the potential health benefits of CBD increases. CBD, a non-psychoactive compound derived from cannabis, is used in a variety of health and wellness products, including oils, tinctures, and skincare. With the growing acceptance of CBD for its therapeutic benefits, the market in the Philippines is expected to continue to expand as more consumers seek natural remedies for stress, anxiety, and chronic pain.
The Philippine cannabidiol (CBD) market is challenged by regulatory uncertainty, limited consumer education, and cultural stigma associated with cannabis-derived products. Legal restrictions and unclear guidelines on production, importation, and distribution hinder market growth. Additionally, widespread misconceptions about CBDs safety and benefits reduce consumer trust, and a lack of healthcare provider knowledge leads to hesitation in recommending CBD products.
The Philippines Cannabidiol (CBD) market is gaining momentum as awareness of the therapeutic benefits of CBD increases. Cannabidiol, a non-psychoactive compound derived from hemp, has found applications in a wide range of wellness products, from pain relief to anxiety management. As demand for natural and alternative treatments grows, the market for CBD-based products is expanding. Investment opportunities exist for companies focused on the production and distribution of high-quality CBD products, such as oils, creams, and capsules, catering to the increasing interest in natural remedies in the Philippines.
The Philippines` cannabidiol (CBD) market is shaped by evolving regulatory frameworks regarding the use of CBD products, driven by the Department of Health (DOH) and the Food and Drug Administration (FDA). These agencies oversee the safety and efficacy of CBD products, including oils and supplements. While there are still legal restrictions in place, growing consumer demand for wellness products encourages the government to consider expanding the availability of CBD-based treatments, including those for pain relief and stress reduction.
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 Cannabidiol (CBD) Market Overview |
3.1 Philippines Country Macro Economic Indicators |
3.2 Philippines Cannabidiol (CBD) Market Revenues & Volume, 2021 & 2031F |
3.3 Philippines Cannabidiol (CBD) Market - Industry Life Cycle |
3.4 Philippines Cannabidiol (CBD) Market - Porter's Five Forces |
3.5 Philippines Cannabidiol (CBD) Market Revenues & Volume Share, By SOURCE, 2021 & 2031F |
3.6 Philippines Cannabidiol (CBD) Market Revenues & Volume Share, By PRODUCT TYPE, 2021 & 2031F |
3.7 Philippines Cannabidiol (CBD) Market Revenues & Volume Share, By NATURE, 2021 & 2031F |
3.8 Philippines Cannabidiol (CBD) Market Revenues & Volume Share, By GRADE, 2021 & 2031F |
3.9 Philippines Cannabidiol (CBD) Market Revenues & Volume Share, By APPLICATION, 2021 & 2031F |
4 Philippines Cannabidiol (CBD) Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Philippines Cannabidiol (CBD) Market Trends |
6 Philippines Cannabidiol (CBD) Market, By Types |
6.1 Philippines Cannabidiol (CBD) Market, By SOURCE |
6.1.1 Overview and Analysis |
6.1.2 Philippines Cannabidiol (CBD) Market Revenues & Volume, By SOURCE, 2021- 2031F |
6.1.3 Philippines Cannabidiol (CBD) Market Revenues & Volume, By HEMP, 2021- 2031F |
6.1.4 Philippines Cannabidiol (CBD) Market Revenues & Volume, By MARIJUANA, 2021- 2031F |
6.2 Philippines Cannabidiol (CBD) Market, By PRODUCT TYPE |
6.2.1 Overview and Analysis |
6.2.2 Philippines Cannabidiol (CBD) Market Revenues & Volume, By CBD OIL, 2021- 2031F |
6.2.3 Philippines Cannabidiol (CBD) Market Revenues & Volume, By CBD ISOLATES, 2021- 2031F |
6.2.4 Philippines Cannabidiol (CBD) Market Revenues & Volume, By CBD CONCENTRATES, 2021- 2031F |
6.3 Philippines Cannabidiol (CBD) Market, By NATURE |
6.3.1 Overview and Analysis |
6.3.2 Philippines Cannabidiol (CBD) Market Revenues & Volume, By ORGANIC, 2021- 2031F |
6.3.3 Philippines Cannabidiol (CBD) Market Revenues & Volume, By INORGANIC, 2021- 2031F |
6.4 Philippines Cannabidiol (CBD) Market, By GRADE |
6.4.1 Overview and Analysis |
6.4.2 Philippines Cannabidiol (CBD) Market Revenues & Volume, By FOOD GRADE, 2021- 2031F |
6.4.3 Philippines Cannabidiol (CBD) Market Revenues & Volume, By THERAPEUTIC GRADE, 2021- 2031F |
6.5 Philippines Cannabidiol (CBD) Market, By APPLICATION |
6.5.1 Overview and Analysis |
6.5.2 Philippines Cannabidiol (CBD) Market Revenues & Volume, By Tincture, 2021- 2031F |
6.5.3 Philippines Cannabidiol (CBD) Market Revenues & Volume, By Food, 2021- 2031F |
6.5.4 Philippines Cannabidiol (CBD) Market Revenues & Volume, By Beverages, 2021- 2031F |
6.5.5 Philippines Cannabidiol (CBD) Market Revenues & Volume, By Pharmaceutical, 2021- 2031F |
6.5.6 Philippines Cannabidiol (CBD) Market Revenues & Volume, By Topicals, 2021- 2031F |
6.5.7 Philippines Cannabidiol (CBD) Market Revenues & Volume, By Dietary supplements, 2021- 2031F |
7 Philippines Cannabidiol (CBD) Market Import-Export Trade Statistics |
7.1 Philippines Cannabidiol (CBD) Market Export to Major Countries |
7.2 Philippines Cannabidiol (CBD) Market Imports from Major Countries |
8 Philippines Cannabidiol (CBD) Market Key Performance Indicators |
9 Philippines Cannabidiol (CBD) Market - Opportunity Assessment |
9.1 Philippines Cannabidiol (CBD) Market Opportunity Assessment, By SOURCE, 2021 & 2031F |
9.2 Philippines Cannabidiol (CBD) Market Opportunity Assessment, By PRODUCT TYPE, 2021 & 2031F |
9.3 Philippines Cannabidiol (CBD) Market Opportunity Assessment, By NATURE, 2021 & 2031F |
9.4 Philippines Cannabidiol (CBD) Market Opportunity Assessment, By GRADE, 2021 & 2031F |
9.5 Philippines Cannabidiol (CBD) Market Opportunity Assessment, By APPLICATION, 2021 & 2031F |
10 Philippines Cannabidiol (CBD) Market - Competitive Landscape |
10.1 Philippines Cannabidiol (CBD) Market Revenue Share, By Companies, 2024 |
10.2 Philippines Cannabidiol (CBD) Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |