Product Code: ETC220169 | Publication Date: Aug 2022 | Updated Date: Aug 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 | |
The Philippines Cod Liver Oil Market is poised for steady growth rate improvements from 2025 to 2029. From 9.72% in 2025, the growth rate steadily ascends to 14.59% in 2029.
The Cod Liver Oil market in Philippines is projected to grow at a high growth rate of 12.99% by 2027, highlighting the country's increasing focus on advanced technologies within the Asia region, where China holds the dominant position, followed closely by India, Japan, Australia and South Korea, shaping overall regional demand.
The commercial seaweed market in the Philippines has been on an upward trajectory. The country produced around 5.42 million metric tons of seaweed, with a focus on carrageenan and agar production. Seaweed-derived products have applications in food, pharmaceuticals, cosmetics, and other industries. The Philippines strategic location in Southeast Asia and its expertise in seaweed cultivation position it favorably in the global market. The rising demand for natural ingredients and the diverse uses of seaweed derivatives contribute to a positive market outlook.
The commercial seaweed market in the Philippines is witnessing growth due to several factors. Seaweed is a versatile resource used in various industries, including food, cosmetics, pharmaceuticals, and agriculture. The increasing demand for healthy and natural food products is driving the consumption of seaweed-based items, such as snacks and condiments. Additionally, the cosmetic industry`s preference for natural ingredients is boosting the use of seaweed extracts in skincare and beauty products. Seaweed`s role in sustainable agriculture practices, such as bio-stimulants and soil conditioners, is also contributing to its market growth. As consumers and industries alike focus on sustainable and eco-friendly alternatives, the commercial seaweed market is poised for expansion.
The commercial seaweed market in the Philippines may encounter challenges associated with sustainability and environmental impact. Unsustainable harvesting practices can lead to the depletion of seaweed resources and harm coastal ecosystems. Ensuring responsible cultivation and harvesting methods, as well as addressing concerns related to waste and pollution, will be crucial for the long-term viability of the industry.
The Philippines commercial seaweed market faced both challenges and opportunities in the wake of the COVID-19 pandemic. Disruptions in the supply chain and labor shortages impacted seaweed cultivation and harvesting. However, the market also benefited from the rising demand for healthy and sustainable food products. Seaweed, known for its nutritional value and versatility, gained traction as a functional ingredient in various consumer products. As the Philippines adapts to the post-pandemic landscape, the commercial seaweed market is expected to rebound, driven by innovative product development and increasing consumer interest in plant-based foods.
The commercial seaweed market in the Philippines is witnessing significant expansion driven by the rising demand for seaweed-based products in various industries such as food, cosmetics, and pharmaceuticals. Major players like Seaweed Industries Inc., Ocean Harvest Corp., and Aquatic Ventures are dominating the market by offering a wide range of seaweed products known for their nutritional value and versatility. With an increasing focus on sustainable practices, these key players are also investing in environmentally friendly harvesting methods to ensure a consistent supply of high-quality seaweed.
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 Cod Liver Oil Market Overview |
3.1 Philippines Country Macro Economic Indicators |
3.2 Philippines Cod Liver Oil Market Revenues & Volume, 2021 & 2031F |
3.3 Philippines Cod Liver Oil Market - Industry Life Cycle |
3.4 Philippines Cod Liver Oil Market - Porter's Five Forces |
3.5 Philippines Cod Liver Oil Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Philippines Cod Liver Oil Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
3.7 Philippines Cod Liver Oil Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Philippines Cod Liver Oil Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing awareness about the health benefits of cod liver oil |
4.2.2 Growing demand for natural and organic health supplements |
4.2.3 Rise in disposable income and spending on healthcare products in the Philippines |
4.3 Market Restraints |
4.3.1 Availability of alternative sources of omega-3 fatty acids |
4.3.2 Concerns about sustainability and overfishing of cod populations |
4.3.3 Price volatility due to fluctuations in raw material costs |
5 Philippines Cod Liver Oil Market Trends |
6 Philippines Cod Liver Oil Market, By Types |
6.1 Philippines Cod Liver Oil Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Philippines Cod Liver Oil Market Revenues & Volume, By Type, 2021-2031F |
6.1.3 Philippines Cod Liver Oil Market Revenues & Volume, By Liquid, 2021-2031F |
6.1.4 Philippines Cod Liver Oil Market Revenues & Volume, By Capsules, 2021-2031F |
6.1.5 Philippines Cod Liver Oil Market Revenues & Volume, By Tablets, 2021-2031F |
6.1.6 Philippines Cod Liver Oil Market Revenues & Volume, By Soft Gels, 2021-2031F |
6.1.7 Philippines Cod Liver Oil Market Revenues & Volume, By Powder, 2021-2031F |
6.2 Philippines Cod Liver Oil Market, By Distribution Channel |
6.2.1 Overview and Analysis |
6.2.2 Philippines Cod Liver Oil Market Revenues & Volume, By Supermarkets & Hypermarkets, 2021-2031F |
6.2.3 Philippines Cod Liver Oil Market Revenues & Volume, By Specialty Stores, 2021-2031F |
6.2.4 Philippines Cod Liver Oil Market Revenues & Volume, By Pharmacy, 2021-2031F |
6.2.5 Philippines Cod Liver Oil Market Revenues & Volume, By Online Store, 2021-2031F |
6.3 Philippines Cod Liver Oil Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Philippines Cod Liver Oil Market Revenues & Volume, By Pharmaceuticals, 2021-2031F |
6.3.3 Philippines Cod Liver Oil Market Revenues & Volume, By Nutraceutical, 2021-2031F |
6.3.4 Philippines Cod Liver Oil Market Revenues & Volume, By Food & Beverage, 2021-2031F |
7 Philippines Cod Liver Oil Market Import-Export Trade Statistics |
7.1 Philippines Cod Liver Oil Market Export to Major Countries |
7.2 Philippines Cod Liver Oil Market Imports from Major Countries |
8 Philippines Cod Liver Oil Market Key Performance Indicators |
8.1 Consumer awareness levels of cod liver oil benefits |
8.2 Number of new product launches and innovations in the cod liver oil market |
8.3 Adoption rates of cod liver oil supplements among different age groups |
8.4 Regulatory approvals and certifications for cod liver oil products |
8.5 Customer satisfaction and loyalty towards cod liver oil brands |
9 Philippines Cod Liver Oil Market - Opportunity Assessment |
9.1 Philippines Cod Liver Oil Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Philippines Cod Liver Oil Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
9.3 Philippines Cod Liver Oil Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Philippines Cod Liver Oil Market - Competitive Landscape |
10.1 Philippines Cod Liver Oil Market Revenue Share, By Companies, 2024 |
10.2 Philippines Cod Liver Oil Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |