| Product Code: ETC8841251 | 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 |
The Philippines` fishmeal for aquafeed import shipments in 2024 continued to see a high concentration of imports from Argentina, Denmark, Vietnam, Thailand, and Papua New Guinea. Despite a slight decrease in the Herfindahl-Hirschman Index (HHI) from very high to high concentration, the industry maintained steady growth with a compound annual growth rate (CAGR) of 1.71% from 2020 to 2024. The notable growth rate of 20.15% from 2023 to 2024 indicates a promising trend in the aquafeed market, showcasing the increasing demand for quality fishmeal imports in the Philippines.

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 Fishmeal for Aquafeed Market Overview |
3.1 Philippines Country Macro Economic Indicators |
3.2 Philippines Fishmeal for Aquafeed Market Revenues & Volume, 2021 & 2031F |
3.3 Philippines Fishmeal for Aquafeed Market - Industry Life Cycle |
3.4 Philippines Fishmeal for Aquafeed Market - Porter's Five Forces |
3.5 Philippines Fishmeal for Aquafeed Market Revenues & Volume Share, By Species, 2021 & 2031F |
3.6 Philippines Fishmeal for Aquafeed Market Revenues & Volume Share, By Lifecycle, 2021 & 2031F |
3.7 Philippines Fishmeal for Aquafeed Market Revenues & Volume Share, By Form, 2021 & 2031F |
4 Philippines Fishmeal for Aquafeed Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growth in aquaculture industry in the Philippines |
4.2.2 Increase in demand for high-protein aquafeed |
4.2.3 Government support and regulations promoting sustainable aquaculture practices |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices affecting fishmeal production costs |
4.3.2 Competition from alternative protein sources for aquafeed |
4.3.3 Environmental concerns related to overfishing and sustainability of fishmeal production |
5 Philippines Fishmeal for Aquafeed Market Trends |
6 Philippines Fishmeal for Aquafeed Market, By Types |
6.1 Philippines Fishmeal for Aquafeed Market, By Species |
6.1.1 Overview and Analysis |
6.1.2 Philippines Fishmeal for Aquafeed Market Revenues & Volume, By Species, 2021- 2031F |
6.1.3 Philippines Fishmeal for Aquafeed Market Revenues & Volume, By Fish, 2021- 2031F |
6.1.4 Philippines Fishmeal for Aquafeed Market Revenues & Volume, By Crustaceans, 2021- 2031F |
6.1.5 Philippines Fishmeal for Aquafeed Market Revenues & Volume, By Mollusks, 2021- 2031F |
6.2 Philippines Fishmeal for Aquafeed Market, By Lifecycle |
6.2.1 Overview and Analysis |
6.2.2 Philippines Fishmeal for Aquafeed Market Revenues & Volume, By Starter Feed, 2021- 2031F |
6.2.3 Philippines Fishmeal for Aquafeed Market Revenues & Volume, By Grower Feed, 2021- 2031F |
6.2.4 Philippines Fishmeal for Aquafeed Market Revenues & Volume, By Finisher Feed, 2021- 2031F |
6.2.5 Philippines Fishmeal for Aquafeed Market Revenues & Volume, By Brooder Feed, 2021- 2031F |
6.3 Philippines Fishmeal for Aquafeed Market, By Form |
6.3.1 Overview and Analysis |
6.3.2 Philippines Fishmeal for Aquafeed Market Revenues & Volume, By Dry, 2021- 2031F |
6.3.3 Philippines Fishmeal for Aquafeed Market Revenues & Volume, By Wet, 2021- 2031F |
6.3.4 Philippines Fishmeal for Aquafeed Market Revenues & Volume, By Moist, 2021- 2031F |
7 Philippines Fishmeal for Aquafeed Market Import-Export Trade Statistics |
7.1 Philippines Fishmeal for Aquafeed Market Export to Major Countries |
7.2 Philippines Fishmeal for Aquafeed Market Imports from Major Countries |
8 Philippines Fishmeal for Aquafeed Market Key Performance Indicators |
8.1 Percentage of fishmeal sourced from sustainable fisheries |
8.2 Adoption rate of alternative protein sources in aquafeed formulations |
8.3 Efficiency of fishmeal production processes |
8.4 Average selling price of fishmeal in the Philippines |
8.5 Compliance with environmental regulations in fishmeal production |
9 Philippines Fishmeal for Aquafeed Market - Opportunity Assessment |
9.1 Philippines Fishmeal for Aquafeed Market Opportunity Assessment, By Species, 2021 & 2031F |
9.2 Philippines Fishmeal for Aquafeed Market Opportunity Assessment, By Lifecycle, 2021 & 2031F |
9.3 Philippines Fishmeal for Aquafeed Market Opportunity Assessment, By Form, 2021 & 2031F |
10 Philippines Fishmeal for Aquafeed Market - Competitive Landscape |
10.1 Philippines Fishmeal for Aquafeed Market Revenue Share, By Companies, 2024 |
10.2 Philippines Fishmeal for Aquafeed 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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