Product Code: ETC220949 | Publication Date: Aug 2022 | Updated Date: Apr 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 | |
The Philippines Edible Oil Market is projected to witness mixed growth rate patterns during 2025 to 2029. Growth accelerates to 11.92% in 2027, following an initial rate of 9.19%, before easing to 9.27% at the end of the period.
The Edible Oil market in Philippines is projected to grow at a high growth rate of 11.92% 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 essential oils market in the Philippines is gaining momentum, driven by the growing demand for natural and wellness-oriented products. The market covers a wide range of essential oils extracted from various plants, each offering unique aromatic and therapeutic properties. With an estimated annual market value of around $15 million, the Philippines exports essential oils to global markets. Aided by the country`s rich biodiversity, essential oil production has become an attractive venture for local entrepreneurs. The wellness trend, coupled with the use of essential oils in aromatherapy and personal care products, ensures a positive market outlook.
The essential oils market in the Philippines is set to witness significant growth in the forecast period. Essential oils are valued for their aromatic, therapeutic, and cosmetic properties. The increasing interest in aromatherapy, natural skincare, and holistic wellness practices is driving the demand for essential oils. These oils are derived from various plants and have diverse applications, ranging from relaxation to promoting overall well-being. Additionally, the beauty and personal care industry`s shift towards natural ingredients is further propelling the essential oils market. Consumers are seeking products with minimal synthetic additives, favoring essential oil-based options.
The essential oils market in the Philippines is hindered by quality control and market access obstacles. Ensuring the purity and authenticity of essential oils is crucial, as adulteration and mislabeling can erode consumer trust. Moreover, gaining access to international markets requires compliance with strict regulations and standards, which demands investment in testing and certification.
The Philippines essential oils market faced challenges related to the pandemic`s impact on the wellness and personal care industry. With disruptions in the supply of raw materials and the closure of spas and salons, the market experienced a slowdown. However, as consumers sought relaxation and stress relief at home, there was a growing interest in essential oils for aromatherapy and personal use.
The essential oils market in the Philippines is experiencing growth due to the rising awareness of aromatherapy and natural wellness practices. Key players in this market include Nature`s Aroma and HerbalEssence Oils. These companies offer a wide range of essential oils extracted from various plant sources, catering to the demand for holistic healthcare and therapeutic applications.
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 Edible Oil Market Overview |
3.1 Philippines Country Macro Economic Indicators |
3.2 Philippines Edible Oil Market Revenues & Volume, 2021 & 2031F |
3.3 Philippines Edible Oil Market - Industry Life Cycle |
3.4 Philippines Edible Oil Market - Porter's Five Forces |
3.5 Philippines Edible Oil Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Philippines Edible Oil Market Revenues & Volume Share, By Packaging Type, 2021 & 2031F |
3.7 Philippines Edible Oil Market Revenues & Volume Share, By Pack Size, 2021 & 2031F |
3.8 Philippines Edible Oil Market Revenues & Volume Share, By Packaging Material, 2021 & 2031F |
3.9 Philippines Edible Oil Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.10 Philippines Edible Oil Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 Philippines Edible Oil Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Philippines Edible Oil Market Trends |
6 Philippines Edible Oil Market, By Types |
6.1 Philippines Edible Oil Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Philippines Edible Oil Market Revenues & Volume, By Type, 2021-2031F |
6.1.3 Philippines Edible Oil Market Revenues & Volume, By Palm Oil, 2021-2031F |
6.1.4 Philippines Edible Oil Market Revenues & Volume, By Soybean Oil, 2021-2031F |
6.1.5 Philippines Edible Oil Market Revenues & Volume, By Mustard Oil, 2021-2031F |
6.1.6 Philippines Edible Oil Market Revenues & Volume, By Sunflower Oil, 2021-2031F |
6.1.7 Philippines Edible Oil Market Revenues & Volume, By Others, 2021-2031F |
6.1.8 Philippines Edible Oil Market Revenues & Volume, By , 2021-2031F |
6.2 Philippines Edible Oil Market, By Packaging Type |
6.2.1 Overview and Analysis |
6.2.2 Philippines Edible Oil Market Revenues & Volume, By Pouches, 2021-2031F |
6.2.3 Philippines Edible Oil Market Revenues & Volume, By Jars, 2021-2031F |
6.2.4 Philippines Edible Oil Market Revenues & Volume, By Cans, 2021-2031F |
6.2.5 Philippines Edible Oil Market Revenues & Volume, By Bottles, 2021-2031F |
6.2.6 Philippines Edible Oil Market Revenues & Volume, By , 2021-2031F |
6.3 Philippines Edible Oil Market, By Pack Size |
6.3.1 Overview and Analysis |
6.3.2 Philippines Edible Oil Market Revenues & Volume, By Less than 1 Litres, 2021-2031F |
6.3.3 Philippines Edible Oil Market Revenues & Volume, By 1 Litres, 2021-2031F |
6.3.4 Philippines Edible Oil Market Revenues & Volume, By 1 Litres - 5 litres, 2021-2031F |
6.3.5 Philippines Edible Oil Market Revenues & Volume, By 5 Litres - 10 Litres, 2021-2031F |
6.3.6 Philippines Edible Oil Market Revenues & Volume, By 10 Litres and Above, 2021-2031F |
6.3.7 Philippines Edible Oil Market Revenues & Volume, By , 2021-2031F |
6.4 Philippines Edible Oil Market, By Packaging Material |
6.4.1 Overview and Analysis |
6.4.2 Philippines Edible Oil Market Revenues & Volume, By Metal, 2021-2031F |
6.4.3 Philippines Edible Oil Market Revenues & Volume, By Plastic, 2021-2031F |
6.4.4 Philippines Edible Oil Market Revenues & Volume, By Paper, 2021-2031F |
6.4.5 Philippines Edible Oil Market Revenues & Volume, By Others, 2021-2031F |
6.5 Philippines Edible Oil Market, By Application |
6.5.1 Overview and Analysis |
6.5.2 Philippines Edible Oil Market Revenues & Volume, By HoReCa, 2021-2031F |
6.5.3 Philippines Edible Oil Market Revenues & Volume, By Home Users, 2021-2031F |
6.5.4 Philippines Edible Oil Market Revenues & Volume, By Food Processing Industry, 2021-2031F |
6.5.5 Philippines Edible Oil Market Revenues & Volume, By , 2021-2031F |
6.6 Philippines Edible Oil Market, By Distribution Channel |
6.6.1 Overview and Analysis |
6.6.2 Philippines Edible Oil Market Revenues & Volume, By Direct/Institutional Sales, 2021-2031F |
6.6.3 Philippines Edible Oil Market Revenues & Volume, By Supermarkets and Hypermarkets, 2021-2031F |
6.6.4 Philippines Edible Oil Market Revenues & Volume, By Convenience Stores, 2021-2031F |
6.6.5 Philippines Edible Oil Market Revenues & Volume, By Online, 2021-2031F |
6.6.6 Philippines Edible Oil Market Revenues & Volume, By Others, 2021-2031F |
7 Philippines Edible Oil Market Import-Export Trade Statistics |
7.1 Philippines Edible Oil Market Export to Major Countries |
7.2 Philippines Edible Oil Market Imports from Major Countries |
8 Philippines Edible Oil Market Key Performance Indicators |
9 Philippines Edible Oil Market - Opportunity Assessment |
9.1 Philippines Edible Oil Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Philippines Edible Oil Market Opportunity Assessment, By Packaging Type, 2021 & 2031F |
9.3 Philippines Edible Oil Market Opportunity Assessment, By Pack Size, 2021 & 2031F |
9.4 Philippines Edible Oil Market Opportunity Assessment, By Packaging Material, 2021 & 2031F |
9.5 Philippines Edible Oil Market Opportunity Assessment, By Application, 2021 & 2031F |
9.6 Philippines Edible Oil Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 Philippines Edible Oil Market - Competitive Landscape |
10.1 Philippines Edible Oil Market Revenue Share, By Companies, 2024 |
10.2 Philippines Edible Oil Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |