| Product Code: ETC8840862 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Bhawna Singh | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
The Philippines` faba beans import market continues to show strong growth, with a significant increase in shipments from top exporting countries such as Argentina, China, Egypt, USA, and India in 2024. Despite a slightly lower growth rate compared to the previous year, the market concentration remains high, indicating a competitive landscape among key suppliers. The compound annual growth rate (CAGR) from 2020 to 2024 is impressive at 14.66%, reflecting the rising demand for faba beans in the Philippines. This data suggests a sustained interest in faba beans imports, with key players maintaining their presence in the market.

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 Faba Beans Market Overview |
3.1 Philippines Country Macro Economic Indicators |
3.2 Philippines Faba Beans Market Revenues & Volume, 2021 & 2031F |
3.3 Philippines Faba Beans Market - Industry Life Cycle |
3.4 Philippines Faba Beans Market - Porter's Five Forces |
3.5 Philippines Faba Beans Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Philippines Faba Beans Market Revenues & Volume Share, By Nature, 2021 & 2031F |
3.7 Philippines Faba Beans Market Revenues & Volume Share, By End Use, 2021 & 2031F |
4 Philippines Faba Beans Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing consumer awareness about the health benefits of faba beans |
4.2.2 Growing demand for plant-based protein sources due to health and environmental concerns |
4.2.3 Government initiatives promoting the cultivation and consumption of faba beans |
4.3 Market Restraints |
4.3.1 Limited availability of high-quality seeds and technology for faba bean cultivation |
4.3.2 Seasonal variability in faba bean production leading to supply fluctuations |
4.3.3 Competition from other plant-based protein sources in the market |
5 Philippines Faba Beans Market Trends |
6 Philippines Faba Beans Market, By Types |
6.1 Philippines Faba Beans Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Philippines Faba Beans Market Revenues & Volume, By Type, 2021- 2031F |
6.1.3 Philippines Faba Beans Market Revenues & Volume, By Protein Isolates, 2021- 2031F |
6.1.4 Philippines Faba Beans Market Revenues & Volume, By Protein Concentrates, 2021- 2031F |
6.1.5 Philippines Faba Beans Market Revenues & Volume, By Flour, 2021- 2031F |
6.1.6 Philippines Faba Beans Market Revenues & Volume, By Other, 2021- 2031F |
6.2 Philippines Faba Beans Market, By Nature |
6.2.1 Overview and Analysis |
6.2.2 Philippines Faba Beans Market Revenues & Volume, By Organic, 2021- 2031F |
6.2.3 Philippines Faba Beans Market Revenues & Volume, By Conventional, 2021- 2031F |
6.3 Philippines Faba Beans Market, By End Use |
6.3.1 Overview and Analysis |
6.3.2 Philippines Faba Beans Market Revenues & Volume, By Food Processing, 2021- 2031F |
6.3.3 Philippines Faba Beans Market Revenues & Volume, By Bakery & Confectionery, 2021- 2031F |
6.3.4 Philippines Faba Beans Market Revenues & Volume, By Meat Alternatives, 2021- 2031F |
6.3.5 Philippines Faba Beans Market Revenues & Volume, By Functional Foods, 2021- 2031F |
7 Philippines Faba Beans Market Import-Export Trade Statistics |
7.1 Philippines Faba Beans Market Export to Major Countries |
7.2 Philippines Faba Beans Market Imports from Major Countries |
8 Philippines Faba Beans Market Key Performance Indicators |
8.1 Average selling price of faba beans |
8.2 Adoption rate of faba bean cultivation practices among farmers |
8.3 Number of new products containing faba beans launched in the market |
9 Philippines Faba Beans Market - Opportunity Assessment |
9.1 Philippines Faba Beans Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Philippines Faba Beans Market Opportunity Assessment, By Nature, 2021 & 2031F |
9.3 Philippines Faba Beans Market Opportunity Assessment, By End Use, 2021 & 2031F |
10 Philippines Faba Beans Market - Competitive Landscape |
10.1 Philippines Faba Beans Market Revenue Share, By Companies, 2024 |
10.2 Philippines Faba Beans 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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