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

Market Forecast By Species (Silver Carp, Grass Carp, Crucian Carp, Common Carp, Bighead Carp, Others), By Product (Gutted and Headfish, Semi-Fillets, Fillets, Others), By Source (Wild Capture, Aquaculture), By Distribution Channel (Hypermarkets and Supermarkets, Fish Shops, Open Markets, Online Stores, Others) And Competitive Landscape
Product Code: ETC385589 Publication Date: Aug 2022 Updated Date: Feb 2025 Product Type: Market Research Report
Publisher: 6Wresearch Author: Ravi Bhandari No. of Pages: 75 No. of Figures: 35 No. of Tables: 20

Philippines Export Potential Assessment For Carp Market (Values in USD Thousand)


Philippines Export Potential Assessment For Carp Market (Values in USD Thousand)

philippines carp market Synopsis

The Philippines hosts a diverse range of markets within its agricultural and seafood sectors. In the carp market, freshwater fish such as carp play a significant role in the country`s aquaculture industry. Carps are cultivated both for local consumption and export, contributing to the country`s food security and economic growth.

Drivers of the Market

Carp, a popular fish species in the Philippines, contributes significantly to the country`s fisheries sector. The carp market is driven by factors such as its affordability, high nutritional value, and versatility in culinary applications. The market`s growth is supported by both domestic consumption and export opportunities, making carp an important player in the Philippines` seafood industry.

Challenges of the Market

The Philippines carp market encounters challenges related to consumer preferences, market demand, and environmental impacts. Carp is a common fish species in aquaculture, but consumer preferences for other fish species can limit market growth. Balancing carp production with environmental considerations is crucial, as intensive carp farming can lead to water quality issues. Diversifying aquaculture practices, promoting carp consumption, and adopting sustainable production methods are key strategies to overcome these challenges.

COVID-19 Impact on the Market

The Philippines carp market faced challenges during the COVID-19 pandemic due to disruptions in the supply chain and reduced consumer spending. Lockdowns and restrictions impacted distribution channels and consumer access to markets. Additionally, the closure of restaurants and hotels reduced demand from the foodservice sector. However, there was a potential shift toward increased domestic consumption as people cooked more at home. The market`s recovery was influenced by the easing of restrictions and the adaptation of producers to new distribution methods.

Key Players in the Market

The Philippines carp market involves fish farmers, aquaculture companies, and government agencies. Carp species like tilapia and bangus (milkfish) are commonly farmed in the country. Local fish farms and cooperatives, as well as larger aquaculture companies, contribute to the carp supply. The Department of Agriculture`s BFAR supports carp farming initiatives and provides technical assistance to promote sustainable aquaculture practices.

Key Highlights of the Report:

  • Philippines Carp Market Outlook
  • Market Size of Philippines Carp Market, 2024
  • Forecast of Philippines Carp Market, 2031
  • Historical Data and Forecast of Philippines Carp Revenues & Volume for the Period 2021-2031
  • Philippines Carp Market Trend Evolution
  • Philippines Carp Market Drivers and Challenges
  • Philippines Carp Price Trends
  • Philippines Carp Porter's Five Forces
  • Philippines Carp Industry Life Cycle
  • Historical Data and Forecast of Philippines Carp Market Revenues & Volume By Species for the Period 2021-2031
  • Historical Data and Forecast of Philippines Carp Market Revenues & Volume By Silver Carp for the Period 2021-2031
  • Historical Data and Forecast of Philippines Carp Market Revenues & Volume By Grass Carp for the Period 2021-2031
  • Historical Data and Forecast of Philippines Carp Market Revenues & Volume By Crucian Carp for the Period 2021-2031
  • Historical Data and Forecast of Philippines Carp Market Revenues & Volume By Common Carp for the Period 2021-2031
  • Historical Data and Forecast of Philippines Carp Market Revenues & Volume By Bighead Carp for the Period 2021-2031
  • Historical Data and Forecast of Philippines Carp Market Revenues & Volume By Others for the Period 2021-2031
  • Historical Data and Forecast of Philippines Carp Market Revenues & Volume By Product for the Period 2021-2031
  • Historical Data and Forecast of Philippines Carp Market Revenues & Volume By Gutted and Headfish for the Period 2021-2031
  • Historical Data and Forecast of Philippines Carp Market Revenues & Volume By Semi-Fillets for the Period 2021-2031
  • Historical Data and Forecast of Philippines Carp Market Revenues & Volume By Fillets for the Period 2021-2031
  • Historical Data and Forecast of Philippines Carp Market Revenues & Volume By Others for the Period 2021-2031
  • Historical Data and Forecast of Philippines Carp Market Revenues & Volume By Source for the Period 2021-2031
  • Historical Data and Forecast of Philippines Carp Market Revenues & Volume By Wild Capture for the Period 2021-2031
  • Historical Data and Forecast of Philippines Carp Market Revenues & Volume By Aquaculture for the Period 2021-2031
  • Historical Data and Forecast of Philippines Carp Market Revenues & Volume By Distribution Channel for the Period 2021-2031
  • Historical Data and Forecast of Philippines Carp Market Revenues & Volume By Hypermarkets and Supermarkets for the Period 2021-2031
  • Historical Data and Forecast of Philippines Carp Market Revenues & Volume By Fish Shops for the Period 2021-2031
  • Historical Data and Forecast of Philippines Carp Market Revenues & Volume By Open Markets for the Period 2021-2031
  • Historical Data and Forecast of Philippines Carp Market Revenues & Volume By Online Stores for the Period 2021-2031
  • Historical Data and Forecast of Philippines Carp Market Revenues & Volume By Others for the Period 2021-2031
  • Philippines Carp Import Export Trade Statistics
  • Market Opportunity Assessment By Species
  • Market Opportunity Assessment By Product
  • Market Opportunity Assessment By Source
  • Market Opportunity Assessment By Distribution Channel
  • Philippines Carp Top Companies Market Share
  • Philippines Carp Competitive Benchmarking By Technical and Operational Parameters
  • Philippines Carp Company Profiles
  • Philippines Carp Key Strategic Recommendations

Frequently Asked Questions About the Market Study (FAQs):

6Wresearch actively monitors the Philippines Carp 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 Carp Market, allowing our clients with actionable intelligence and reliable forecasts tailored to emerging regional needs.
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Export potential assessment - trade Analytics for 2030

Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.

By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.

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