Product Code: ETC8836888 | 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 CBD oil market in the Philippines is expanding, driven by the growing interest in natural remedies for various health conditions. CBD oil is widely recognized for its potential therapeutic benefits, such as pain relief, anxiety reduction, and improving sleep quality. As more consumers become familiar with CBDs uses, demand for CBD oil is on the rise, both in the wellness and medical sectors. The market is expected to grow steadily, but regulatory hurdles and consumer education are key factors influencing the market`s trajectory.
The Philippines cannabidiol (CBD) oil market is experiencing significant growth as consumers increasingly turn to CBD oil for its potential therapeutic benefits. CBD oil is used for a variety of purposes, including managing stress, alleviating chronic pain, and improving sleep quality. With a rising awareness of natural health solutions, the demand for CBD oil is expected to increase in the Philippines. As more consumers seek alternative wellness products, CBD oil is becoming a popular choice in the wellness and healthcare sectors.
CBD oil in the Philippines operates in a legal grey zone, limiting product availability and deterring investment. The absence of product standardization and regulatory clarity hinders consumer trust and market expansion. Many potential users remain wary due to misconceptions equating CBD with illicit cannabis use. Additionally, local production is scarce, and high import duties make foreign products costly.
The Philippines Cannabidiol (CBD) Oil Market is expanding as consumers become more aware of the potential health benefits of CBD oil, including its use for pain management, anxiety relief, and skin health. With the growing acceptance of CBD as a wellness product, investors can explore opportunities in the production, distribution, and retail of CBD oil. As the market evolves, there is room for innovation, such as the development of full-spectrum CBD oil products, as well as education campaigns to build consumer confidence in CBD`s benefits.
Cannabidiol (CBD) oil is becoming more widely available in the Philippines, but its sale and distribution are still regulated by the FDA. Policies on CBD oil are evolving, and the government is focused on ensuring product safety and quality for consumers. As the market for CBD oil grows, the government is expected to establish clearer guidelines on its production, labeling, and distribution, with an emphasis on consumer health.
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) Oil Market Overview |
3.1 Philippines Country Macro Economic Indicators |
3.2 Philippines Cannabidiol (CBD) Oil Market Revenues & Volume, 2021 & 2031F |
3.3 Philippines Cannabidiol (CBD) Oil Market - Industry Life Cycle |
3.4 Philippines Cannabidiol (CBD) Oil Market - Porter's Five Forces |
3.5 Philippines Cannabidiol (CBD) Oil Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Philippines Cannabidiol (CBD) Oil Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.7 Philippines Cannabidiol (CBD) Oil Market Revenues & Volume Share, By Product Category, 2021 & 2031F |
3.8 Philippines Cannabidiol (CBD) Oil Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.9 Philippines Cannabidiol (CBD) Oil Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 Philippines Cannabidiol (CBD) Oil Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Philippines Cannabidiol (CBD) Oil Market Trends |
6 Philippines Cannabidiol (CBD) Oil Market, By Types |
6.1 Philippines Cannabidiol (CBD) Oil Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Philippines Cannabidiol (CBD) Oil Market Revenues & Volume, By Type, 2021- 2031F |
6.1.3 Philippines Cannabidiol (CBD) Oil Market Revenues & Volume, By Hemp Oil, 2021- 2031F |
6.1.4 Philippines Cannabidiol (CBD) Oil Market Revenues & Volume, By Marijuana Oil, 2021- 2031F |
6.2 Philippines Cannabidiol (CBD) Oil Market, By Product Type |
6.2.1 Overview and Analysis |
6.2.2 Philippines Cannabidiol (CBD) Oil Market Revenues & Volume, By Original, 2021- 2031F |
6.2.3 Philippines Cannabidiol (CBD) Oil Market Revenues & Volume, By Blended, 2021- 2031F |
6.3 Philippines Cannabidiol (CBD) Oil Market, By Product Category |
6.3.1 Overview and Analysis |
6.3.2 Philippines Cannabidiol (CBD) Oil Market Revenues & Volume, By Unflavored, 2021- 2031F |
6.3.3 Philippines Cannabidiol (CBD) Oil Market Revenues & Volume, By Flavored, 2021- 2031F |
6.4 Philippines Cannabidiol (CBD) Oil Market, By Application |
6.4.1 Overview and Analysis |
6.4.2 Philippines Cannabidiol (CBD) Oil Market Revenues & Volume, By Food and Beverages, 2021- 2031F |
6.4.3 Philippines Cannabidiol (CBD) Oil Market Revenues & Volume, By Personal Care/Cosmetics, 2021- 2031F |
6.4.4 Philippines Cannabidiol (CBD) Oil Market Revenues & Volume, By Pharma and Nutraceuticals, 2021- 2031F |
6.4.5 Philippines Cannabidiol (CBD) Oil Market Revenues & Volume, By Industrial Application, 2021- 2031F |
6.5 Philippines Cannabidiol (CBD) Oil Market, By Distribution Channel |
6.5.1 Overview and Analysis |
6.5.2 Philippines Cannabidiol (CBD) Oil Market Revenues & Volume, By Direct, 2021- 2031F |
6.5.3 Philippines Cannabidiol (CBD) Oil Market Revenues & Volume, By Indirect, 2021- 2031F |
7 Philippines Cannabidiol (CBD) Oil Market Import-Export Trade Statistics |
7.1 Philippines Cannabidiol (CBD) Oil Market Export to Major Countries |
7.2 Philippines Cannabidiol (CBD) Oil Market Imports from Major Countries |
8 Philippines Cannabidiol (CBD) Oil Market Key Performance Indicators |
9 Philippines Cannabidiol (CBD) Oil Market - Opportunity Assessment |
9.1 Philippines Cannabidiol (CBD) Oil Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Philippines Cannabidiol (CBD) Oil Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.3 Philippines Cannabidiol (CBD) Oil Market Opportunity Assessment, By Product Category, 2021 & 2031F |
9.4 Philippines Cannabidiol (CBD) Oil Market Opportunity Assessment, By Application, 2021 & 2031F |
9.5 Philippines Cannabidiol (CBD) Oil Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 Philippines Cannabidiol (CBD) Oil Market - Competitive Landscape |
10.1 Philippines Cannabidiol (CBD) Oil Market Revenue Share, By Companies, 2024 |
10.2 Philippines Cannabidiol (CBD) Oil Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |