| Product Code: ETC8842879 | 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 experienced a significant increase in hemp-based food import shipments in 2024, with top exporting countries being India, Metropolitan France, New Zealand, Turkey, and Guatemala. The market showed a very high concentration, indicating limited competition among suppliers. Despite a negative growth rate in 2024, the compound annual growth rate from 2020 to 2024 was impressive at 28.66%. This suggests a growing interest in hemp-based products in the Philippines, with potential for further expansion and diversification in the market in the coming years.

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 Hemp-Based Food Market Overview |
3.1 Philippines Country Macro Economic Indicators |
3.2 Philippines Hemp-Based Food Market Revenues & Volume, 2021 & 2031F |
3.3 Philippines Hemp-Based Food Market - Industry Life Cycle |
3.4 Philippines Hemp-Based Food Market - Porter's Five Forces |
3.5 Philippines Hemp-Based Food Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.6 Philippines Hemp-Based Food Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 Philippines Hemp-Based Food Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing consumer awareness about the health benefits of hemp-based foods |
4.2.2 Growing demand for natural and organic food products in the Philippines |
4.2.3 Favorable government regulations supporting the cultivation and production of hemp-based foods |
4.3 Market Restraints |
4.3.1 Limited availability of hemp seeds and other raw materials for food production |
4.3.2 High production costs associated with hemp-based food processing |
4.3.3 Lack of clear labeling regulations for hemp-based food products in the Philippines |
5 Philippines Hemp-Based Food Market Trends |
6 Philippines Hemp-Based Food Market, By Types |
6.1 Philippines Hemp-Based Food Market, By Product |
6.1.1 Overview and Analysis |
6.1.2 Philippines Hemp-Based Food Market Revenues & Volume, By Product, 2021- 2031F |
6.1.3 Philippines Hemp-Based Food Market Revenues & Volume, By Hemp Protein Powder, 2021- 2031F |
6.1.4 Philippines Hemp-Based Food Market Revenues & Volume, By Hemp Seed Oil, 2021- 2031F |
6.1.5 Philippines Hemp-Based Food Market Revenues & Volume, By Hemp Seeds, 2021- 2031F |
6.1.6 Philippines Hemp-Based Food Market Revenues & Volume, By Others, 2021- 2031F |
6.2 Philippines Hemp-Based Food Market, By Distribution Channel |
6.2.1 Overview and Analysis |
6.2.2 Philippines Hemp-Based Food Market Revenues & Volume, By Supermarkets and Hypermarkets, 2021- 2031F |
6.2.3 Philippines Hemp-Based Food Market Revenues & Volume, By Convenience Stores, 2021- 2031F |
6.2.4 Philippines Hemp-Based Food Market Revenues & Volume, By Online Stores, 2021- 2031F |
6.2.5 Philippines Hemp-Based Food Market Revenues & Volume, By Others, 2021- 2031F |
7 Philippines Hemp-Based Food Market Import-Export Trade Statistics |
7.1 Philippines Hemp-Based Food Market Export to Major Countries |
7.2 Philippines Hemp-Based Food Market Imports from Major Countries |
8 Philippines Hemp-Based Food Market Key Performance Indicators |
8.1 Number of new hemp-based food product launches in the market |
8.2 Consumer demand trend for hemp-based foods through online searches and social media mentions |
8.3 Growth in the number of local hemp farmers and suppliers in the Philippines |
9 Philippines Hemp-Based Food Market - Opportunity Assessment |
9.1 Philippines Hemp-Based Food Market Opportunity Assessment, By Product, 2021 & 2031F |
9.2 Philippines Hemp-Based Food Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 Philippines Hemp-Based Food Market - Competitive Landscape |
10.1 Philippines Hemp-Based Food Market Revenue Share, By Companies, 2024 |
10.2 Philippines Hemp-Based Food 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.
To discover high-growth global markets and optimize your business strategy:
Click Here