Product Code: ETC220289 | 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 | |
Corn oil holds a significant share in the edible oil market of the Philippines. The country produced around 131 thousand metric tons of corn oil. Corn oil is widely used for cooking and frying due to its high smoke point and neutral flavor. The domestic demand for edible oils, coupled with the country`s corn production, supports the corn oil market. The health-conscious consumer trend and preference for cooking oils with favorable nutritional profiles further contribute to the market`s positive outlook.
The corn oil market in the Philippines is experiencing growth due to several driving factors. Corn oil is considered a healthier alternative to traditional cooking oils due to its lower saturated fat content and higher levels of heart-healthy unsaturated fats. The increasing prevalence of lifestyle-related diseases, such as cardiovascular issues and obesity, has prompted consumers to seek healthier dietary options. Additionally, the food industry`s incorporation of corn oil into various processed foods and snacks is contributing to its demand. The rise of the middle class and changing consumer preferences for healthier cooking oils are expected to sustain the growth of the corn oil market in the Philippines.
In the Philippines corn oil market, competition from other cooking oils may pose a challenge. Consumers have a variety of cooking oil options to choose from, including soybean oil, palm oil, and canola oil. Corn oil manufacturers need to differentiate their products and emphasize unique qualities or health benefits to maintain a competitive edge in the market.
The Philippines corn oil market underwent shifts caused by the COVID-19 pandemic. Demand for edible oils, including corn oil, experienced fluctuations due to changing consumer preferences and economic uncertainties. While there was increased interest in healthier cooking oils during the pandemic, the market was also impacted by disrupted distribution channels. As the situation improves and consumer confidence returns, the corn oil market is expected to rebound. The focus on healthier eating habits and cooking practices is anticipated to play a role in shaping the market`s recovery trajectory.
The Philippines corn oil market is witnessing steady growth as consumers adopt healthier cooking oil options. Key players like Golden Grains Corporation, GreenLife Coconut Products Philippines, and Prime Edibles Corporation are leading the market by offering high-quality corn oil products. With the increasing health consciousness among consumers, the demand for corn oil as a cholesterol-free alternative is expected to drive market growth, prompting key players to focus on product innovation and quality.
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 Compound Feed Market Overview |
3.1 Philippines Country Macro Economic Indicators |
3.2 Philippines Compound Feed Market Revenues & Volume, 2021 & 2031F |
3.3 Philippines Compound Feed Market - Industry Life Cycle |
3.4 Philippines Compound Feed Market - Porter's Five Forces |
3.5 Philippines Compound Feed Market Revenues & Volume Share, By Ingredients, 2021 & 2031F |
3.6 Philippines Compound Feed Market Revenues & Volume Share, By Source, 2021 & 2031F |
3.7 Philippines Compound Feed Market Revenues & Volume Share, By Form, 2021 & 2031F |
3.8 Philippines Compound Feed Market Revenues & Volume Share, By Livestock, 2021 & 2031F |
4 Philippines Compound Feed Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for high-quality animal protein products in the Philippines |
4.2.2 Growth in the livestock industry in the country |
4.2.3 Adoption of advanced animal husbandry practices and technologies in the market |
4.3 Market Restraints |
4.3.1 Volatility in raw material prices affecting production costs |
4.3.2 Stringent regulations and policies related to feed production and distribution |
4.3.3 Competition from alternative protein sources such as plant-based feeds |
5 Philippines Compound Feed Market Trends |
6 Philippines Compound Feed Market, By Types |
6.1 Philippines Compound Feed Market, By Ingredients |
6.1.1 Overview and Analysis |
6.1.2 Philippines Compound Feed Market Revenues & Volume, By Ingredients, 2021-2031F |
6.1.3 Philippines Compound Feed Market Revenues & Volume, By Cereals, 2021-2031F |
6.1.4 Philippines Compound Feed Market Revenues & Volume, By Cakes & Meals, 2021-2031F |
6.2 Philippines Compound Feed Market, By Source |
6.2.1 Overview and Analysis |
6.2.2 Philippines Compound Feed Market Revenues & Volume, By Plant-based, 2021-2031F |
6.2.3 Philippines Compound Feed Market Revenues & Volume, By Animal-based, 2021-2031F |
6.3 Philippines Compound Feed Market, By Form |
6.3.1 Overview and Analysis |
6.3.2 Philippines Compound Feed Market Revenues & Volume, By Mash, 2021-2031F |
6.3.3 Philippines Compound Feed Market Revenues & Volume, By Pellet, 2021-2031F |
6.3.4 Philippines Compound Feed Market Revenues & Volume, By Crumble, 2021-2031F |
6.3.5 Philippines Compound Feed Market Revenues & Volume, By Other Forms, 2021-2031F |
6.4 Philippines Compound Feed Market, By Livestock |
6.4.1 Overview and Analysis |
6.4.2 Philippines Compound Feed Market Revenues & Volume, By Poultry, 2021-2031F |
6.4.3 Philippines Compound Feed Market Revenues & Volume, By Ruminants, 2021-2031F |
6.4.4 Philippines Compound Feed Market Revenues & Volume, By Swine, 2021-2031F |
6.4.5 Philippines Compound Feed Market Revenues & Volume, By Aquaculture, 2021-2031F |
6.4.6 Philippines Compound Feed Market Revenues & Volume, By Other Livestock, 2021-2031F |
7 Philippines Compound Feed Market Import-Export Trade Statistics |
7.1 Philippines Compound Feed Market Export to Major Countries |
7.2 Philippines Compound Feed Market Imports from Major Countries |
8 Philippines Compound Feed Market Key Performance Indicators |
8.1 Feed conversion ratio (FCR) improvement |
8.2 Adoption rate of technology-enabled feed additives |
8.3 Livestock population growth rate in the Philippines |
8.4 Investment in research and development for feed formulation |
8.5 Sustainability metrics related to feed production and consumption |
9 Philippines Compound Feed Market - Opportunity Assessment |
9.1 Philippines Compound Feed Market Opportunity Assessment, By Ingredients, 2021 & 2031F |
9.2 Philippines Compound Feed Market Opportunity Assessment, By Source, 2021 & 2031F |
9.3 Philippines Compound Feed Market Opportunity Assessment, By Form, 2021 & 2031F |
9.4 Philippines Compound Feed Market Opportunity Assessment, By Livestock, 2021 & 2031F |
10 Philippines Compound Feed Market - Competitive Landscape |
10.1 Philippines Compound Feed Market Revenue Share, By Companies, 2024 |
10.2 Philippines Compound Feed Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |