| Product Code: ETC8839785 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Vasudha | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
In 2024, Philippines continued to see a steady flow of dried fruit extracts imports, with key exporting countries including China, Singapore, Germany, Japan, and Taiwan. The market remained moderately concentrated, reflecting stable competition among suppliers. Despite a slight decline in the compound annual growth rate (CAGR) from 2020-2024, the industry showed resilience with a notable growth rate of 10.3% in 2023-2024. This suggests a positive outlook for the dried fruit extracts import market in the Philippines, driven by diverse sources and increasing demand for these products.

Dried fruit extracts are increasingly used in functional foods, nutraceuticals, and cosmetics. The market is niche but growing, driven by interest from food manufacturers and personal care brands looking for natural, bioactive ingredients.
The dried fruit extracts market in the Philippines is finding applications in health supplements, functional beverages, and cosmetics. Increased consumer interest in natural ingredients and wellness trends drives the growth of this niche sector. Manufacturers are leveraging local fruits like mango and calamansi for extracts, catering to both domestic and export markets. Regulatory support for nutraceutical development is also contributing to momentum.
The dried fruit extracts market is limited by the specialized processing required to maintain active compounds and flavors. High production costs restrict price competitiveness. Additionally, regulatory compliance for food additives and extracts poses barriers. Limited local demand and lack of awareness among food manufacturers also constrain market expansion.
Dried fruit extracts are gaining momentum in the Philippines as ingredients in cosmetics, nutraceuticals, and health beverages. Investment opportunities lie in R&D partnerships for developing standardized extracts, as well as in setting up extraction and formulation facilities. Supplying the growing herbal supplement market or exporting premium extracts to regional markets can yield attractive returns.
Dried fruit extracts, often used in functional foods and nutraceuticals, are regulated as either food supplements or additives. The FDA requires extensive documentation on safety, efficacy, and composition. Government science and technology programs, including those by DOST, support R&D in extract formulation. Policies also encourage partnerships with academia to commercialize bioactive compounds from indigenous fruits.
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 Dried Fruit Extracts Market Overview |
3.1 Philippines Country Macro Economic Indicators |
3.2 Philippines Dried Fruit Extracts Market Revenues & Volume, 2021 & 2031F |
3.3 Philippines Dried Fruit Extracts Market - Industry Life Cycle |
3.4 Philippines Dried Fruit Extracts Market - Porter's Five Forces |
3.5 Philippines Dried Fruit Extracts Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Philippines Dried Fruit Extracts Market Revenues & Volume Share, By Nature, 2021 & 2031F |
3.7 Philippines Dried Fruit Extracts Market Revenues & Volume Share, By Form, 2021 & 2031F |
3.8 Philippines Dried Fruit Extracts Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
3.9 Philippines Dried Fruit Extracts Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Philippines Dried Fruit Extracts Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing consumer awareness about health benefits of dried fruit extracts |
4.2.2 Growing demand for natural and organic products |
4.2.3 Rising disposable income leading to higher spending on premium food products |
4.3 Market Restraints |
4.3.1 Seasonal availability of fruits for extraction |
4.3.2 Price volatility due to fluctuations in raw material costs |
4.3.3 Limited shelf life of dried fruit extracts compared to synthetic alternatives |
5 Philippines Dried Fruit Extracts Market Trends |
6 Philippines Dried Fruit Extracts Market, By Types |
6.1 Philippines Dried Fruit Extracts Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Philippines Dried Fruit Extracts Market Revenues & Volume, By Type, 2021- 2031F |
6.1.3 Philippines Dried Fruit Extracts Market Revenues & Volume, By Raisins Extracts, 2021- 2031F |
6.1.4 Philippines Dried Fruit Extracts Market Revenues & Volume, By Dates Extracts, 2021- 2031F |
6.1.5 Philippines Dried Fruit Extracts Market Revenues & Volume, By Apricot Extracts, 2021- 2031F |
6.1.6 Philippines Dried Fruit Extracts Market Revenues & Volume, By Aloe Extracts, 2021- 2031F |
6.1.7 Philippines Dried Fruit Extracts Market Revenues & Volume, By Others, 2021- 2031F |
6.2 Philippines Dried Fruit Extracts Market, By Nature |
6.2.1 Overview and Analysis |
6.2.2 Philippines Dried Fruit Extracts Market Revenues & Volume, By Organic, 2021- 2031F |
6.2.3 Philippines Dried Fruit Extracts Market Revenues & Volume, By Conventional, 2021- 2031F |
6.3 Philippines Dried Fruit Extracts Market, By Form |
6.3.1 Overview and Analysis |
6.3.2 Philippines Dried Fruit Extracts Market Revenues & Volume, By Powder, 2021- 2031F |
6.3.3 Philippines Dried Fruit Extracts Market Revenues & Volume, By Liquid, 2021- 2031F |
6.4 Philippines Dried Fruit Extracts Market, By Distribution Channel |
6.4.1 Overview and Analysis |
6.4.2 Philippines Dried Fruit Extracts Market Revenues & Volume, By Supermarket/Hypermarket, 2021- 2031F |
6.4.3 Philippines Dried Fruit Extracts Market Revenues & Volume, By Convenience Stores, 2021- 2031F |
6.4.4 Philippines Dried Fruit Extracts Market Revenues & Volume, By Online Retail, 2021- 2031F |
6.4.5 Philippines Dried Fruit Extracts Market Revenues & Volume, By Others, 2021- 2031F |
6.5 Philippines Dried Fruit Extracts Market, By Application |
6.5.1 Overview and Analysis |
6.5.2 Philippines Dried Fruit Extracts Market Revenues & Volume, By Food and Beverages, 2021- 2031F |
6.5.3 Philippines Dried Fruit Extracts Market Revenues & Volume, By Cosmetics, 2021- 2031F |
6.5.4 Philippines Dried Fruit Extracts Market Revenues & Volume, By Skin Care Products, 2021- 2031F |
6.5.5 Philippines Dried Fruit Extracts Market Revenues & Volume, By Pharmaceuticals, 2021- 2031F |
6.5.6 Philippines Dried Fruit Extracts Market Revenues & Volume, By Household, 2021- 2031F |
6.5.7 Philippines Dried Fruit Extracts Market Revenues & Volume, By Others, 2021- 2031F |
7 Philippines Dried Fruit Extracts Market Import-Export Trade Statistics |
7.1 Philippines Dried Fruit Extracts Market Export to Major Countries |
7.2 Philippines Dried Fruit Extracts Market Imports from Major Countries |
8 Philippines Dried Fruit Extracts Market Key Performance Indicators |
8.1 Consumer demand trends for dried fruit extracts |
8.2 Number of new product launches in the dried fruit extracts market |
8.3 Adoption rate of dried fruit extracts in food and beverage industry |
9 Philippines Dried Fruit Extracts Market - Opportunity Assessment |
9.1 Philippines Dried Fruit Extracts Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Philippines Dried Fruit Extracts Market Opportunity Assessment, By Nature, 2021 & 2031F |
9.3 Philippines Dried Fruit Extracts Market Opportunity Assessment, By Form, 2021 & 2031F |
9.4 Philippines Dried Fruit Extracts Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
9.5 Philippines Dried Fruit Extracts Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Philippines Dried Fruit Extracts Market - Competitive Landscape |
10.1 Philippines Dried Fruit Extracts Market Revenue Share, By Companies, 2024 |
10.2 Philippines Dried Fruit Extracts Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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