| Product Code: ETC12157729 | Publication Date: Apr 2025 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Sachin Kumar Rai | No. of Pages: 65 | No. of Figures: 34 | No. of Tables: 19 |
Philippines` fava bean import market in 2024 saw a diverse mix of top exporting countries, including Argentina, China, Egypt, USA, and India. Despite a decrease in the Herfindahl-Hirschman Index (HHI) concentration from very high to high in 2024, the market remained competitive. With a strong compound annual growth rate (CAGR) of 14.66% from 2020 to 2024 and a continued growth rate of 2.76% from 2023 to 2024, the fava bean import market in the Philippines shows promising potential for further expansion and development.

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 Fava Bean Market Overview |
3.1 Philippines Country Macro Economic Indicators |
3.2 Philippines Fava Bean Market Revenues & Volume, 2021 & 2031F |
3.3 Philippines Fava Bean Market - Industry Life Cycle |
3.4 Philippines Fava Bean Market - Porter's Five Forces |
3.5 Philippines Fava Bean Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Philippines Fava Bean Market Revenues & Volume Share, By Technology Type, 2021 & 2031F |
3.7 Philippines Fava Bean Market Revenues & Volume Share, By End User, 2021 & 2031F |
3.8 Philippines Fava Bean Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Philippines Fava Bean Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Philippines Fava Bean Market Trends |
6 Philippines Fava Bean Market, By Types |
6.1 Philippines Fava Bean Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Philippines Fava Bean Market Revenues & Volume, By Product Type, 2021 - 2031F |
6.1.3 Philippines Fava Bean Market Revenues & Volume, By Raw Fava Beans, 2021 - 2031F |
6.1.4 Philippines Fava Bean Market Revenues & Volume, By Fava Bean Flour, 2021 - 2031F |
6.1.5 Philippines Fava Bean Market Revenues & Volume, By Fava Bean Protein, 2021 - 2031F |
6.1.6 Philippines Fava Bean Market Revenues & Volume, By Processed Fava Beans, 2021 - 2031F |
6.2 Philippines Fava Bean Market, By Technology Type |
6.2.1 Overview and Analysis |
6.2.2 Philippines Fava Bean Market Revenues & Volume, By Organic Farming, 2021 - 2031F |
6.2.3 Philippines Fava Bean Market Revenues & Volume, By Milling Process, 2021 - 2031F |
6.2.4 Philippines Fava Bean Market Revenues & Volume, By Extraction Technology, 2021 - 2031F |
6.2.5 Philippines Fava Bean Market Revenues & Volume, By Canning Technology, 2021 - 2031F |
6.3 Philippines Fava Bean Market, By End User |
6.3.1 Overview and Analysis |
6.3.2 Philippines Fava Bean Market Revenues & Volume, By Health-Conscious Consumers, 2021 - 2031F |
6.3.3 Philippines Fava Bean Market Revenues & Volume, By Vegan and Plant-Based Consumers, 2021 - 2031F |
6.3.4 Philippines Fava Bean Market Revenues & Volume, By Food Industry and Health Sector, 2021 - 2031F |
6.3.5 Philippines Fava Bean Market Revenues & Volume, By Convenience Food Producers, 2021 - 2031F |
6.4 Philippines Fava Bean Market, By Application |
6.4.1 Overview and Analysis |
6.4.2 Philippines Fava Bean Market Revenues & Volume, By Nutritional Supplements and Food, 2021 - 2031F |
6.4.3 Philippines Fava Bean Market Revenues & Volume, By Gluten-Free and Vegan Food Products, 2021 - 2031F |
6.4.4 Philippines Fava Bean Market Revenues & Volume, By Plant-Based Protein Products, 2021 - 2031F |
6.4.5 Philippines Fava Bean Market Revenues & Volume, By Ready-to-Eat Meals and Snacks, 2021 - 2031F |
7 Philippines Fava Bean Market Import-Export Trade Statistics |
7.1 Philippines Fava Bean Market Export to Major Countries |
7.2 Philippines Fava Bean Market Imports from Major Countries |
8 Philippines Fava Bean Market Key Performance Indicators |
9 Philippines Fava Bean Market - Opportunity Assessment |
9.1 Philippines Fava Bean Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Philippines Fava Bean Market Opportunity Assessment, By Technology Type, 2021 & 2031F |
9.3 Philippines Fava Bean Market Opportunity Assessment, By End User, 2021 & 2031F |
9.4 Philippines Fava Bean Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Philippines Fava Bean Market - Competitive Landscape |
10.1 Philippines Fava Bean Market Revenue Share, By Companies, 2024 |
10.2 Philippines Fava Bean 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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