| Product Code: ETC321449 | Publication Date: Aug 2022 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
The Philippines experienced a significant surge in cubeb oil imports in 2024, with the top exporting countries being the USA, India, Singapore, Germany, and Spain. The market concentration, as measured by the Herfindahl-Hirschman Index (HHI), remained very high throughout the year. The compound annual growth rate (CAGR) from 2020 to 2024 was an impressive 47.71%, indicating a rapidly expanding market. Furthermore, the growth rate from 2023 to 2024 was an astounding 65.2%, underscoring the strong demand for cubeb oil in the Philippines.

The Philippines Cubeb Oil market has shown steady growth over the years, driven by the rising demand for natural and herbal products. The market has witnessed a CAGR of around 5.7% during the past few years, with a surge in consumer preference for organic ingredients and their associated benefits. Cubeb oil, known for its therapeutic properties, has found applications in aromatherapy, skincare, and traditional medicine.
The Philippines cubeb oil market is experiencing growth due to the rising demand for natural and herbal-based products in the pharmaceutical, cosmetic, and personal care industries. Cubeb oil is known for its potential health benefits and is used in traditional medicine. The increasing consumer preference for organic and plant-derived ingredients is driving the adoption of cubeb oil in various applications.
The Philippines Cubeb Oil market encounters challenges tied to its applications in perfumery, aromatherapy, and traditional medicine. A key challenge is sourcing cubeb berries sustainably, as overharvesting can lead to ecological imbalances. Ensuring the authenticity and quality of cubeb oil is crucial, given the potential for adulteration in the market. Additionally, the market must address regulatory compliance and safety concerns related to the use of essential oils in consumer products. Educating consumers about proper usage and potential contraindications is also important to ensure safe and effective outcomes.
The Philippines cubeb oil market has witnessed fluctuations in demand during the pandemic. Cubeb oil is used in aromatherapy and as a flavoring agent. The market is expected to recover as consumer preferences for natural products continue.
In the Philippines cubeb oil market, major players include Givaudan SA, Symrise AG, and Young Living Essential Oils.
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 Cubeb Oil Market Overview |
3.1 Philippines Country Macro Economic Indicators |
3.2 Philippines Cubeb Oil Market Revenues & Volume, 2021 & 2031F |
3.3 Philippines Cubeb Oil Market - Industry Life Cycle |
3.4 Philippines Cubeb Oil Market - Porter's Five Forces |
3.5 Philippines Cubeb Oil Market Revenues & Volume Share, By Types, 2021 & 2031F |
3.6 Philippines Cubeb Oil Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Philippines Cubeb Oil Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing demand for natural and organic products in the beauty and personal care industry |
4.2.2 Increasing consumer awareness about the benefits of cubeb oil in aromatherapy and traditional medicine |
4.2.3 Rise in disposable income leading to higher spending on premium and niche products |
4.3 Market Restraints |
4.3.1 Limited availability of cubeb oil due to geographical constraints and production capacity |
4.3.2 Fluctuating prices of raw materials impacting the overall cost of cubeb oil production |
5 Philippines Cubeb Oil Market Trends |
6 Philippines Cubeb Oil Market, By Types |
6.1 Philippines Cubeb Oil Market, By Types |
6.1.1 Overview and Analysis |
6.1.2 Philippines Cubeb Oil Market Revenues & Volume, By Types, 2021-2031F |
6.1.3 Philippines Cubeb Oil Market Revenues & Volume, By Essential Oil, 2021-2031F |
6.1.4 Philippines Cubeb Oil Market Revenues & Volume, By Crude Oil, 2021-2031F |
6.2 Philippines Cubeb Oil Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Philippines Cubeb Oil Market Revenues & Volume, By Flavoring, 2021-2031F |
6.2.3 Philippines Cubeb Oil Market Revenues & Volume, By Pharmaceutical Manufacturing, 2021-2031F |
6.2.4 Philippines Cubeb Oil Market Revenues & Volume, By Fragrances Manufacturing, 2021-2031F |
6.2.5 Philippines Cubeb Oil Market Revenues & Volume, By Other, 2021-2031F |
7 Philippines Cubeb Oil Market Import-Export Trade Statistics |
7.1 Philippines Cubeb Oil Market Export to Major Countries |
7.2 Philippines Cubeb Oil Market Imports from Major Countries |
8 Philippines Cubeb Oil Market Key Performance Indicators |
8.1 Number of new product launches containing cubeb oil |
8.2 Consumer sentiment and awareness towards cubeb oil in the market |
8.3 Research and development investment in cubeb oil extraction techniques |
9 Philippines Cubeb Oil Market - Opportunity Assessment |
9.1 Philippines Cubeb Oil Market Opportunity Assessment, By Types, 2021 & 2031F |
9.2 Philippines Cubeb Oil Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Philippines Cubeb Oil Market - Competitive Landscape |
10.1 Philippines Cubeb Oil Market Revenue Share, By Companies, 2024 |
10.2 Philippines Cubeb Oil Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |