Product Code: ETC106908 | Publication Date: Jun 2021 | Updated Date: Feb 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
The Philippines coriander oil market is expected to grow at a CAGR of 7.7% during the forecast period. The major factors driving the growth of the coriander oil market in Philippines are increasing preference for natural ingredients, rising health consciousness among consumers and growing demand from food & beverage industry.
The Philippines coriander oil market, related to the production of essential oil from coriander seeds, is influenced by several key drivers. One significant driver is the increasing demand for natural and organic products in various industries, including food, cosmetics, and healthcare. Coriander oil is known for its aromatic and flavor-enhancing properties, making it a valuable ingredient in culinary and fragrance applications. As consumers shift toward cleaner and more natural ingredient lists, the demand for products containing coriander oil is expected to rise. Additionally, the use of coriander oil in traditional medicine and aromatherapy contributes to its market growth, driving demand for its potential health benefits.
The Philippines coriander oil market, focused on the extraction of oil from coriander seeds, might encounter challenges associated with agricultural practices and market demand. Ensuring a consistent supply of high-quality coriander seeds for oil extraction could be influenced by factors such as weather conditions and pest management. Fluctuations in consumer preferences and market trends for natural products could impact the demand for coriander oil, requiring producers to adapt to changing market dynamics.
The Philippines coriander oil market experienced shifts due to the COVID-19 pandemic. Coriander oil is utilized in the food, aromatherapy, and personal care industries. The disruptions in supply chains, reduced consumer spending on non-essential products, and changes in consumer preferences influenced the demand for coriander oil-containing products. While demand for essential oils persisted, challenges in sourcing ingredients and distribution posed hurdles. However, as the situation improves and consumer awareness of wellness continues, the coriander oil market is expected to recover. The market`s revival will be driven by the resumption of various industries and the renewed interest in natural products.
The Philippines coriander oil market, involving essential oils used in aromatherapy and culinary applications, could feature significant players like Messy Bessy Philippines. This brand offers eco-friendly and natural products, including coriander oil for its aromatic and cleansing properties. Another key participant might be Aura Cacia Philippines, contributing to the market by providing essential oils like coriander oil, influencing the options available for consumers seeking natural wellness solutions.
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 Coriander Oil Market Overview |
3.1 Philippines Country Macro Economic Indicators |
3.2 Philippines Coriander Oil Market Revenues & Volume, 2021 & 2031F |
3.3 Philippines Coriander Oil Market - Industry Life Cycle |
3.4 Philippines Coriander Oil Market - Porter's Five Forces |
3.5 Philippines Coriander Oil Market Revenues & Volume Share, By Type , 2021 & 2031F |
3.6 Philippines Coriander Oil Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Philippines Coriander Oil Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Philippines Coriander Oil Market Trends |
6 Philippines Coriander Oil Market, By Types |
6.1 Philippines Coriander Oil Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Philippines Coriander Oil Market Revenues & Volume, By Type , 2021-2031F |
6.1.3 Philippines Coriander Oil Market Revenues & Volume, By Therapeutic Grade, 2021-2031F |
6.1.4 Philippines Coriander Oil Market Revenues & Volume, By Others, 2021-2031F |
6.2 Philippines Coriander Oil Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Philippines Coriander Oil Market Revenues & Volume, By Medical, 2021-2031F |
6.2.3 Philippines Coriander Oil Market Revenues & Volume, By Spa and Relaxation, 2021-2031F |
6.2.4 Philippines Coriander Oil Market Revenues & Volume, By Food & Beverage, 2021-2031F |
6.2.5 Philippines Coriander Oil Market Revenues & Volume, By Agrochemicals, 2021-2031F |
6.2.6 Philippines Coriander Oil Market Revenues & Volume, By Others, 2021-2031F |
7 Philippines Coriander Oil Market Import-Export Trade Statistics |
7.1 Philippines Coriander Oil Market Export to Major Countries |
7.2 Philippines Coriander Oil Market Imports from Major Countries |
8 Philippines Coriander Oil Market Key Performance Indicators |
9 Philippines Coriander Oil Market - Opportunity Assessment |
9.1 Philippines Coriander Oil Market Opportunity Assessment, By Type , 2021 & 2031F |
9.2 Philippines Coriander Oil Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Philippines Coriander Oil Market - Competitive Landscape |
10.1 Philippines Coriander Oil Market Revenue Share, By Companies, 2024 |
10.2 Philippines Coriander Oil Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |