Product Code: ETC327929 | Publication Date: Aug 2022 | Updated Date: Aug 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 | |
The Philippines Herb Oil Market is poised for steady growth rate improvements from 2025 to 2029. The growth rate starts at 0.16% in 2025 and reaches 0.30% by 2029.
The Herb Oil market in Philippines is projected to grow at a stable growth rate of 0.23% by 2027, highlighting the country's increasing focus on advanced technologies within the Asia region, where China holds the dominant position, followed closely by India, Japan, Australia and South Korea, shaping overall regional demand.
The herb oil market in the Philippines has shown moderate expansion, attributed to its use in natural remedies and aromatherapy. The CAGR for this market is around 8.2%.
The growing preference for natural remedies and herbal products, coupled with the belief in traditional healing practices, is driving the demand for herb oils in the Philippines. Rising health consciousness and concerns about synthetic chemicals are also playing a role in market expansion.
The challenge for the Philippines Herb Oil Market is in maintaining the integrity of herbal properties during extraction and formulation. Herb oils offer various therapeutic benefits, but preserving these properties while ensuring product stability can be challenging for manufacturers.
The Philippines herb oil market has been impacted by the decline in demand for wellness and cosmetic products during the pandemic. The reduced consumer spending on non-essential items has led to a decrease in the market demand for herb oil. However, the market is expected to recover as consumer preferences shift towards natural and herbal products.
Leading companies in the Philippines Herb Oil Market include Biolandes, doTERRA International LLC, and Young Living Essential Oils.
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 Herb Oil Market Overview |
3.1 Philippines Country Macro Economic Indicators |
3.2 Philippines Herb Oil Market Revenues & Volume, 2021 & 2031F |
3.3 Philippines Herb Oil Market - Industry Life Cycle |
3.4 Philippines Herb Oil Market - Porter's Five Forces |
3.5 Philippines Herb Oil Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Philippines Herb Oil Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 Philippines Herb Oil Market Revenues & Volume Share, By Extraction, 2021 & 2031F |
3.8 Philippines Herb Oil Market Revenues & Volume Share, By Sales Channel, 2021 & 2031F |
4 Philippines Herb Oil Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing consumer awareness about the benefits of using natural products in the Philippines |
4.2.2 Growing popularity of traditional herbal remedies and alternative medicine practices |
4.2.3 Rising demand for organic and chemical-free products in the beauty and wellness industry |
4.3 Market Restraints |
4.3.1 Limited availability of high-quality raw materials for herb oil production |
4.3.2 Lack of standardization and regulation in the herbal products market |
4.3.3 Competition from established pharmaceutical and cosmetic brands offering synthetic products |
5 Philippines Herb Oil Market Trends |
6 Philippines Herb Oil Market, By Types |
6.1 Philippines Herb Oil Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Philippines Herb Oil Market Revenues & Volume, By Product Type, 2021-2031F |
6.1.3 Philippines Herb Oil Market Revenues & Volume, By Basil, 2021-2031F |
6.1.4 Philippines Herb Oil Market Revenues & Volume, By Mint, 2021-2031F |
6.1.5 Philippines Herb Oil Market Revenues & Volume, By Thyme, 2021-2031F |
6.1.6 Philippines Herb Oil Market Revenues & Volume, By Dill, 2021-2031F |
6.1.7 Philippines Herb Oil Market Revenues & Volume, By Other, 2021-2031F |
6.2 Philippines Herb Oil Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Philippines Herb Oil Market Revenues & Volume, By Personal Care and Cosmetic, 2021-2031F |
6.2.3 Philippines Herb Oil Market Revenues & Volume, By Food & Beverage, 2021-2031F |
6.2.4 Philippines Herb Oil Market Revenues & Volume, By Pharmaceutical, 2021-2031F |
6.2.5 Philippines Herb Oil Market Revenues & Volume, By Aromatherapy, 2021-2031F |
6.2.6 Philippines Herb Oil Market Revenues & Volume, By Industrial, 2021-2031F |
6.2.7 Philippines Herb Oil Market Revenues & Volume, By Other, 2021-2031F |
6.3 Philippines Herb Oil Market, By Extraction |
6.3.1 Overview and Analysis |
6.3.2 Philippines Herb Oil Market Revenues & Volume, By Distillation, 2021-2031F |
6.3.3 Philippines Herb Oil Market Revenues & Volume, By Solvent Extraction, 2021-2031F |
6.3.4 Philippines Herb Oil Market Revenues & Volume, By Cold Pressing, 2021-2031F |
6.3.5 Philippines Herb Oil Market Revenues & Volume, By Other, 2021-2031F |
6.4 Philippines Herb Oil Market, By Sales Channel |
6.4.1 Overview and Analysis |
6.4.2 Philippines Herb Oil Market Revenues & Volume, By Specialty Store, 2021-2031F |
6.4.3 Philippines Herb Oil Market Revenues & Volume, By Modern Trade, 2021-2031F |
6.4.4 Philippines Herb Oil Market Revenues & Volume, By Drug Stores, 2021-2031F |
6.4.5 Philippines Herb Oil Market Revenues & Volume, By Online Store, 2021-2031F |
6.4.6 Philippines Herb Oil Market Revenues & Volume, By Other, 2021-2031F |
7 Philippines Herb Oil Market Import-Export Trade Statistics |
7.1 Philippines Herb Oil Market Export to Major Countries |
7.2 Philippines Herb Oil Market Imports from Major Countries |
8 Philippines Herb Oil Market Key Performance Indicators |
8.1 Consumer engagement with herbal product content on social media platforms |
8.2 Number of new product launches in the herbal oil segment |
8.3 Growth in the number of health and wellness stores stocking herbal oil products |
9 Philippines Herb Oil Market - Opportunity Assessment |
9.1 Philippines Herb Oil Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Philippines Herb Oil Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 Philippines Herb Oil Market Opportunity Assessment, By Extraction, 2021 & 2031F |
9.4 Philippines Herb Oil Market Opportunity Assessment, By Sales Channel, 2021 & 2031F |
10 Philippines Herb Oil Market - Competitive Landscape |
10.1 Philippines Herb Oil Market Revenue Share, By Companies, 2024 |
10.2 Philippines Herb Oil Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |