Product Code: ETC8841727 | 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 |
The fortified edible oils market in the Philippines is expanding, driven by government initiatives aimed at combating nutritional deficiencies. Oils fortified with vitamins A and D are particularly in demand, especially among low-income households. Public health campaigns have further increased awareness and acceptance of these products.
The fortified edible oils market in the Philippines is expanding, driven by a growing demand for oils enriched with essential nutrients like omega-3 fatty acids, vitamins A and D, and antioxidants. These oils are used in cooking and food preparation to enhance both flavor and nutritional value. As awareness of the health benefits of fortified foods rises, consumers are increasingly opting for these fortified oils as part of a healthier diet.
The Philippines fortified edible oils market faces challenges related to consumer trust and product awareness. Many consumers are not fully aware of the benefits of consuming fortified edible oils, such as the addition of vitamins A and D, which could improve their health. There is also a strong preference for traditional cooking oils, such as coconut oil, which are deeply ingrained in Filipino culinary practices. As a result, efforts to promote fortified edible oils can face resistance. Moreover, the higher cost of fortified oils compared to regular oils makes them less appealing to the cost-conscious majority of consumers.
The Fortified Edible Oils Market in the Philippines is critical for addressing micronutrient deficiencies, particularly in low-income households. Investment opportunities lie in producing affordable, fortified cooking oils enriched with vitamins A and D, supported by government health initiatives. Companies can benefit from large-scale distribution through retail chains and public health programs. Partnering with NGOs and regulatory bodies can help build trust and widen reach, especially in rural areas.
The Philippines requires fortification of edible oils with vitamin A under Republic Act No. 8976. The DOH and FDA strictly enforce compliance, particularly among local oil processors. This policy supports national efforts to eliminate vitamin A deficiency.
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 Fortified Edible Oils Market Overview |
3.1 Philippines Country Macro Economic Indicators |
3.2 Philippines Fortified Edible Oils Market Revenues & Volume, 2021 & 2031F |
3.3 Philippines Fortified Edible Oils Market - Industry Life Cycle |
3.4 Philippines Fortified Edible Oils Market - Porter's Five Forces |
3.5 Philippines Fortified Edible Oils Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Philippines Fortified Edible Oils Market Revenues & Volume Share, By Micronutrient, 2021 & 2031F |
3.7 Philippines Fortified Edible Oils Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 Philippines Fortified Edible Oils Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Philippines Fortified Edible Oils Market Trends |
6 Philippines Fortified Edible Oils Market, By Types |
6.1 Philippines Fortified Edible Oils Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Philippines Fortified Edible Oils Market Revenues & Volume, By Product Type, 2021- 2031F |
6.1.3 Philippines Fortified Edible Oils Market Revenues & Volume, By Palm Oil, 2021- 2031F |
6.1.4 Philippines Fortified Edible Oils Market Revenues & Volume, By Soybean Oil, 2021- 2031F |
6.1.5 Philippines Fortified Edible Oils Market Revenues & Volume, By Sunflower Oil, 2021- 2031F |
6.1.6 Philippines Fortified Edible Oils Market Revenues & Volume, By Olive Oil, 2021- 2031F |
6.1.7 Philippines Fortified Edible Oils Market Revenues & Volume, By Corn Oil, 2021- 2031F |
6.1.8 Philippines Fortified Edible Oils Market Revenues & Volume, By Canola Oil, 2021- 2031F |
6.1.9 Philippines Fortified Edible Oils Market Revenues & Volume, By Other Oils, 2021- 2031F |
6.1.10 Philippines Fortified Edible Oils Market Revenues & Volume, By Other Oils, 2021- 2031F |
6.2 Philippines Fortified Edible Oils Market, By Micronutrient |
6.2.1 Overview and Analysis |
6.2.2 Philippines Fortified Edible Oils Market Revenues & Volume, By Vitamin A, 2021- 2031F |
6.2.3 Philippines Fortified Edible Oils Market Revenues & Volume, By Vitamin D, 2021- 2031F |
6.2.4 Philippines Fortified Edible Oils Market Revenues & Volume, By Vitamin E, 2021- 2031F |
6.2.5 Philippines Fortified Edible Oils Market Revenues & Volume, By Others, 2021- 2031F |
6.3 Philippines Fortified Edible Oils Market, By Distribution Channel |
6.3.1 Overview and Analysis |
6.3.2 Philippines Fortified Edible Oils Market Revenues & Volume, By Hypermarkets/Supermarkets, 2021- 2031F |
6.3.3 Philippines Fortified Edible Oils Market Revenues & Volume, By Specialty Retail, 2021- 2031F |
6.3.4 Philippines Fortified Edible Oils Market Revenues & Volume, By E-commerce, 2021- 2031F |
6.3.5 Philippines Fortified Edible Oils Market Revenues & Volume, By Other Retail Formats, 2021- 2031F |
7 Philippines Fortified Edible Oils Market Import-Export Trade Statistics |
7.1 Philippines Fortified Edible Oils Market Export to Major Countries |
7.2 Philippines Fortified Edible Oils Market Imports from Major Countries |
8 Philippines Fortified Edible Oils Market Key Performance Indicators |
9 Philippines Fortified Edible Oils Market - Opportunity Assessment |
9.1 Philippines Fortified Edible Oils Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Philippines Fortified Edible Oils Market Opportunity Assessment, By Micronutrient, 2021 & 2031F |
9.3 Philippines Fortified Edible Oils Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 Philippines Fortified Edible Oils Market - Competitive Landscape |
10.1 Philippines Fortified Edible Oils Market Revenue Share, By Companies, 2024 |
10.2 Philippines Fortified Edible Oils Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |