Product Code: ETC8836924 | Publication Date: Sep 2024 | Updated Date: May 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | Author: Vasudha | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
Canola oil is valued for its health benefits, affordability, and versatility in cooking. Rising consumer awareness of heart-healthy oils supports steady market growth.
The Canola Oil Market in the Philippines is expanding as consumers shift towards healthier cooking oils. Canola oil is lower in saturated fat and higher in heart-healthy omega-3 fatty acids compared to traditional oils. As awareness of the health benefits of canola oil grows, it is becoming a popular choice in households and the foodservice industry. The market for canola oil is expected to rise with the increasing focus on healthy eating and cooking.
Challenges include heavy reliance on imports, price sensitivity among consumers, and competition from cheaper alternatives like palm and coconut oil. Efforts to promote canola oils health benefits often face skepticism in traditional cooking markets.
Canola oil is a popular cooking oil in the Philippines due to its health benefits, including low saturated fat content. As consumers become more health-conscious, the demand for canola oil is expected to increase. Investing in the production and distribution of high-quality canola oil could offer attractive returns, particularly as health trends continue to influence consumer behavior.
The canola oil market in the Philippines is regulated by the Food and Drug Administration (FDA) and the Department of Agriculture (DA). The FDA ensures that canola oil products meet health and safety standards, particularly regarding labeling and nutritional content. The Department of Agriculture promotes the cultivation of canola in the Philippines to reduce reliance on imported oilseeds. Government policies encourage the use of canola oil in both food and non-food applications, with a focus on the health benefits of canola oil, such as its low saturated fat content and high omega-3 fatty acid levels.
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 Canola Oil Market Overview |
3.1 Philippines Country Macro Economic Indicators |
3.2 Philippines Canola Oil Market Revenues & Volume, 2021 & 2031F |
3.3 Philippines Canola Oil Market - Industry Life Cycle |
3.4 Philippines Canola Oil Market - Porter's Five Forces |
3.5 Philippines Canola Oil Market Revenues & Volume Share, By Use, 2021 & 2031F |
3.6 Philippines Canola Oil Market Revenues & Volume Share, By Packaging, 2021 & 2031F |
4 Philippines Canola Oil Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Philippines Canola Oil Market Trends |
6 Philippines Canola Oil Market, By Types |
6.1 Philippines Canola Oil Market, By Use |
6.1.1 Overview and Analysis |
6.1.2 Philippines Canola Oil Market Revenues & Volume, By Use, 2021- 2031F |
6.1.3 Philippines Canola Oil Market Revenues & Volume, By Cooking, 2021- 2031F |
6.1.4 Philippines Canola Oil Market Revenues & Volume, By Processed food, 2021- 2031F |
6.1.5 Philippines Canola Oil Market Revenues & Volume, By Lubricants, 2021- 2031F |
6.1.6 Philippines Canola Oil Market Revenues & Volume, By Personal Care, 2021- 2031F |
6.1.7 Philippines Canola Oil Market Revenues & Volume, By Biofuels, 2021- 2031F |
6.2 Philippines Canola Oil Market, By Packaging |
6.2.1 Overview and Analysis |
6.2.2 Philippines Canola Oil Market Revenues & Volume, By Cans, 2021- 2031F |
6.2.3 Philippines Canola Oil Market Revenues & Volume, By Drums, 2021- 2031F |
6.2.4 Philippines Canola Oil Market Revenues & Volume, By Bottles, 2021- 2031F |
6.2.5 Philippines Canola Oil Market Revenues & Volume, By Bags, 2021- 2031F |
7 Philippines Canola Oil Market Import-Export Trade Statistics |
7.1 Philippines Canola Oil Market Export to Major Countries |
7.2 Philippines Canola Oil Market Imports from Major Countries |
8 Philippines Canola Oil Market Key Performance Indicators |
9 Philippines Canola Oil Market - Opportunity Assessment |
9.1 Philippines Canola Oil Market Opportunity Assessment, By Use, 2021 & 2031F |
9.2 Philippines Canola Oil Market Opportunity Assessment, By Packaging, 2021 & 2031F |
10 Philippines Canola Oil Market - Competitive Landscape |
10.1 Philippines Canola Oil Market Revenue Share, By Companies, 2024 |
10.2 Philippines Canola Oil Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |