Product Code: ETC8841722 | Publication Date: Sep 2024 | Updated Date: May 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | Author: Bhawna Singh | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
Derived from the Coleus plant, forskolin supplements are popular for weight management and heart health. Rising health consciousness and herbal product adoption are contributing to the growth of this nutraceutical market.
The forskolin market in the Philippines is gaining momentum, particularly in the health and wellness industry. Forskolin, a natural compound derived from the Coleus forskohlii plant, is used for weight loss, boosting metabolism, and other health benefits. With rising health awareness and a growing demand for natural supplements, forskolin-based products are becoming more popular among consumers seeking alternative solutions for weight management and wellness.
The Philippines forskolin market faces challenges related to limited awareness and a highly competitive dietary supplement industry. Forskolin, a plant extract used in weight loss and other health supplements, competes with other well-established supplements in the market. As a result, educating consumers about the potential benefits of forskolin can be challenging. Additionally, the relatively high price of forskolin, coupled with the proliferation of low-cost alternatives, makes it difficult for this market to expand. Further, concerns about the regulation and safety of dietary supplements can impact consumer trust, which may slow growth in this market.
The Forskolin Market in the Philippines is showing promise due to increasing interest in natural supplements for weight loss and health management. Investors can explore opportunities in cultivating Coleus forskohlii locally or importing high-purity extracts for formulation into dietary supplements. Establishing brands that emphasize safety, quality, and efficacy will appeal to health-conscious consumers. Online health stores, wellness influencers, and pharmacies serve as important channels for distribution and brand promotion.
Forskolin, a herbal supplement, falls under the jurisdiction of the Food and Drug Administration (FDA) and is regulated as a food supplement. The FDA enforces labeling, dosage, and safety requirements. The government encourages herbal product research through the DOSTs Philippine Institute of Traditional and Alternative Health Care (PITAHC).
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 Forskolin Market Overview |
3.1 Philippines Country Macro Economic Indicators |
3.2 Philippines Forskolin Market Revenues & Volume, 2021 & 2031F |
3.3 Philippines Forskolin Market - Industry Life Cycle |
3.4 Philippines Forskolin Market - Porter's Five Forces |
3.5 Philippines Forskolin Market Revenues & Volume Share, By Concentration Insights:, 2021 & 2031F |
3.6 Philippines Forskolin Market Revenues & Volume Share, By End Use Insights:, 2021 & 2031F |
4 Philippines Forskolin Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Philippines Forskolin Market Trends |
6 Philippines Forskolin Market, By Types |
6.1 Philippines Forskolin Market, By Concentration Insights: |
6.1.1 Overview and Analysis |
6.1.2 Philippines Forskolin Market Revenues & Volume, By Concentration Insights:, 2021- 2031F |
6.1.3 Philippines Forskolin Market Revenues & Volume, By Low Concentration (10%), 2021- 2031F |
6.1.4 Philippines Forskolin Market Revenues & Volume, By Medium Concentration (20%-40%), 2021- 2031F |
6.1.5 Philippines Forskolin Market Revenues & Volume, By High Concentration (95%), 2021- 2031F |
6.2 Philippines Forskolin Market, By End Use Insights: |
6.2.1 Overview and Analysis |
6.2.2 Philippines Forskolin Market Revenues & Volume, By Nutraceuticals, 2021- 2031F |
6.2.3 Philippines Forskolin Market Revenues & Volume, By Pharmaceuticals, 2021- 2031F |
6.2.4 Philippines Forskolin Market Revenues & Volume, By Dietary Supplements, 2021- 2031F |
6.2.5 Philippines Forskolin Market Revenues & Volume, By Others, 2021- 2031F |
7 Philippines Forskolin Market Import-Export Trade Statistics |
7.1 Philippines Forskolin Market Export to Major Countries |
7.2 Philippines Forskolin Market Imports from Major Countries |
8 Philippines Forskolin Market Key Performance Indicators |
9 Philippines Forskolin Market - Opportunity Assessment |
9.1 Philippines Forskolin Market Opportunity Assessment, By Concentration Insights:, 2021 & 2031F |
9.2 Philippines Forskolin Market Opportunity Assessment, By End Use Insights:, 2021 & 2031F |
10 Philippines Forskolin Market - Competitive Landscape |
10.1 Philippines Forskolin Market Revenue Share, By Companies, 2024 |
10.2 Philippines Forskolin Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |