Product Code: ETC096288 | Publication Date: Jun 2021 | Updated Date: Apr 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
The Philippines Cocoa butter Market is likely to experience consistent growth rate gains over the period 2025 to 2029. Commencing at 0.68% in 2025, growth builds up to 1.25% by 2029.
By 2027, the Cocoa butter market in Philippines is anticipated to reach a growth rate of 0.99%, as part of an increasingly competitive Asia region, where China remains at the forefront, supported by India, Japan, Australia and South Korea, driving innovations and market adoption across sectors.
The Philippines cocoa butter market was valued around USD 90 million in 2025 and is projected to register a CAGR of 4.3% during the forecast period owing to the growing demand for chocolate products and confectionery items across the country due to changing lifestyle preferences along with an expanding middle class population which has resulted in higher purchasing power parity among consumers as well as increased spending capacity on food & beverages including chocolates along with its derivatives such as cocoa butter which is used for various applications like bakery products, cosmetics etc.
In the Philippines Cocoa Butter market, the drivers are influenced by the rising demand for natural and premium ingredients in the food and cosmetics industries. Cocoa butter, derived from cocoa beans, is valued for its moisturizing properties in skincare products and its use in chocolate and confectionery. As consumers prioritize clean label ingredients and seek indulgent experiences, the demand for cocoa butter has remained strong.
In the Philippines Cocoa Butter market, challenges stem from cocoa bean cultivation and processing practices. Ensuring a stable supply of high-quality cocoa beans for cocoa butter extraction can be affected by factors such as climate change, disease outbreaks, and fluctuations in cocoa prices. Additionally, maintaining sustainable and ethical practices in cocoa farming to support both the environment and cocoa farmers` livelihoods presents ongoing challenges to the industry.
The Philippines Cocoa Butter market, like many in the food and cosmetic sectors, was impacted by the COVID-19 pandemic. Changes in consumer preferences and consumption patterns influenced demand for cocoa butter-based products. Lockdowns, restrictions on movement, and shifts in retail and hospitality sectors presented challenges. Businesses responded by diversifying product offerings, exploring e-commerce channels, and adjusting to evolving market dynamics. The pandemic highlighted the importance of adaptability and innovation in the cocoa butter market.
Prominent players in the Philippines Cocoa Butter market, primarily from the confectionery and food sectors, play a crucial role in producing and supplying high-quality cocoa butter. Companies such as CocoaFlavor Foods, ConfectionTech Innovations, and FoodBlend Corporation contribute significantly to enhancing the flavors, textures, and qualities of various chocolate and confectionery products. These key players provide essential cocoa butter solutions that cater to the demands of chocolate enthusiasts and manufacturers.
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 Cocoa butter Market Overview |
3.1 Philippines Country Macro Economic Indicators |
3.2 Philippines Cocoa butter Market Revenues & Volume, 2021 & 2031F |
3.3 Philippines Cocoa butter Market - Industry Life Cycle |
3.4 Philippines Cocoa butter Market - Porter's Five Forces |
3.5 Philippines Cocoa butter Market Revenues & Volume Share, By Types, 2021 & 2031F |
3.6 Philippines Cocoa butter Market Revenues & Volume Share, By Form, 2021 & 2031F |
3.7 Philippines Cocoa butter Market Revenues & Volume Share, By End-user, 2021 & 2031F |
3.8 Philippines Cocoa butter Market Revenues & Volume Share, By Packaging, 2021 & 2031F |
3.9 Philippines Cocoa butter Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 Philippines Cocoa butter Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Philippines Cocoa butter Market Trends |
6 Philippines Cocoa butter Market, By Types |
6.1 Philippines Cocoa butter Market, By Types |
6.1.1 Overview and Analysis |
6.1.2 Philippines Cocoa butter Market Revenues & Volume, By Types, 2021-2031F |
6.1.3 Philippines Cocoa butter Market Revenues & Volume, By organic, 2021-2031F |
6.1.4 Philippines Cocoa butter Market Revenues & Volume, By conventional, 2021-2031F |
6.1.5 Philippines Cocoa butter Market Revenues & Volume, By deodorized, 2021-2031F |
6.2 Philippines Cocoa butter Market, By Form |
6.2.1 Overview and Analysis |
6.2.2 Philippines Cocoa butter Market Revenues & Volume, By solid, 2021-2031F |
6.2.3 Philippines Cocoa butter Market Revenues & Volume, By Liquid, 2021-2031F |
6.3 Philippines Cocoa butter Market, By End-user |
6.3.1 Overview and Analysis |
6.3.2 Philippines Cocoa butter Market Revenues & Volume, By Food Industry, 2021-2031F |
6.3.3 Philippines Cocoa butter Market Revenues & Volume, By Pharmaceutical Industry, 2021-2031F |
6.3.4 Philippines Cocoa butter Market Revenues & Volume, By Aromatherapy, 2021-2031F |
6.3.5 Philippines Cocoa butter Market Revenues & Volume, By Cosmetics , 2021-2031F |
6.3.6 Philippines Cocoa butter Market Revenues & Volume, By Personal Care Industry, 2021-2031F |
6.4 Philippines Cocoa butter Market, By Packaging |
6.4.1 Overview and Analysis |
6.4.2 Philippines Cocoa butter Market Revenues & Volume, By Tins, 2021-2031F |
6.4.3 Philippines Cocoa butter Market Revenues & Volume, By Cartons, 2021-2031F |
6.4.4 Philippines Cocoa butter Market Revenues & Volume, By Plastic Containers, 2021-2031F |
6.4.5 Philippines Cocoa butter Market Revenues & Volume, By Paper Containers, 2021-2031F |
6.4.6 Philippines Cocoa butter Market Revenues & Volume, By Others, 2021-2031F |
6.5 Philippines Cocoa butter Market, By Distribution Channel |
6.5.1 Overview and Analysis |
6.5.2 Philippines Cocoa butter Market Revenues & Volume, By Direct Sales, 2021-2031F |
6.5.3 Philippines Cocoa butter Market Revenues & Volume, By Indirect Sales, 2021-2031F |
7 Philippines Cocoa butter Market Import-Export Trade Statistics |
7.1 Philippines Cocoa butter Market Export to Major Countries |
7.2 Philippines Cocoa butter Market Imports from Major Countries |
8 Philippines Cocoa butter Market Key Performance Indicators |
9 Philippines Cocoa butter Market - Opportunity Assessment |
9.1 Philippines Cocoa butter Market Opportunity Assessment, By Types, 2021 & 2031F |
9.2 Philippines Cocoa butter Market Opportunity Assessment, By Form, 2021 & 2031F |
9.3 Philippines Cocoa butter Market Opportunity Assessment, By End-user, 2021 & 2031F |
9.4 Philippines Cocoa butter Market Opportunity Assessment, By Packaging, 2021 & 2031F |
9.5 Philippines Cocoa butter Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 Philippines Cocoa butter Market - Competitive Landscape |
10.1 Philippines Cocoa butter Market Revenue Share, By Companies, 2024 |
10.2 Philippines Cocoa butter Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |