| Product Code: ETC4549650 | Publication Date: Jul 2023 | Updated Date: Nov 2025 | Product Type: Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 85 | No. of Figures: 45 | No. of Tables: 25 |
The Philippines saw a diverse range of herbal supplements being imported in 2024, with top exporters including Indonesia, USA, Canada, Malaysia, and India. Despite the negative CAGR of -18.6% from 2020-2024 and a growth rate of -16.09% from 2023-2024, the market remains competitive with low concentration levels indicated by the low Herfindahl-Hirschman Index (HHI) in 2024. This suggests a steady flow of herbal supplements into the Philippines from various countries, offering consumers a wide variety of options to choose from.

The market for herbal supplements in the Philippines has expanded as consumers seek natural and holistic approaches to health and wellness. Herbal supplements are derived from plants and herbs and are believed to offer a wide range of health benefits. The
The Philippines Herbal Supplements Market is experiencing significant growth, primarily due to the increasing awareness of the health benefits associated with herbal products. Consumers are becoming more proactive about their well-being and are turning to
The Philippines Herbal Supplements market confronts challenges related to quality control and safety concerns. While herbal supplements are perceived as natural and beneficial, ensuring the purity, potency, and safety of these products can be a significan
The demand for herbal supplements could have increased as people looked for ways to boost their immune systems and overall well-being during the pandemic. However, the market might have also faced regulatory challenges and quality concerns.
The Philippines Herbal Supplements Market is characterized by a wide array of local and international companies specializing in herbal remedies and supplements. Local players like Herbs of the Earth and ATC Healthcare offer a variety of herbal products th
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 Herbal Supplements Market Overview |
3.1 Philippines Country Macro Economic Indicators |
3.2 Philippines Herbal Supplements Market Revenues & Volume, 2021 & 2031F |
3.3 Philippines Herbal Supplements Market - Industry Life Cycle |
3.4 Philippines Herbal Supplements Market - Porter's Five Forces |
3.5 Philippines Herbal Supplements Market Revenues & Volume Share, By Source, 2021 & 2031F |
3.6 Philippines Herbal Supplements Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 Philippines Herbal Supplements Market Revenues & Volume Share, By Function, 2021 & 2031F |
3.8 Philippines Herbal Supplements Market Revenues & Volume Share, By Form, 2021 & 2031F |
4 Philippines Herbal Supplements Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing consumer awareness about the benefits of herbal supplements |
4.2.2 Growing interest in natural and organic products |
4.2.3 Rising healthcare costs leading consumers to seek alternative remedies |
4.3 Market Restraints |
4.3.1 Lack of stringent regulations in the herbal supplements market |
4.3.2 Limited scientific evidence supporting the efficacy of herbal supplements |
4.3.3 Presence of counterfeit or substandard herbal products in the market |
5 Philippines Herbal Supplements Market Trends |
6 Philippines Herbal Supplements Market, By Types |
6.1 Philippines Herbal Supplements Market, By Source |
6.1.1 Overview and Analysis |
6.1.2 Philippines Herbal Supplements Market Revenues & Volume, By Source, 2021-2031F |
6.1.3 Philippines Herbal Supplements Market Revenues & Volume, By Leaves, 2021-2031F |
6.1.4 Philippines Herbal Supplements Market Revenues & Volume, By Barks, 2021-2031F |
6.1.5 Philippines Herbal Supplements Market Revenues & Volume, By Fruits & Vegetables, 2021-2031F |
6.1.6 Philippines Herbal Supplements Market Revenues & Volume, By Roots, 2021-2031F |
6.2 Philippines Herbal Supplements Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Philippines Herbal Supplements Market Revenues & Volume, By Pharmaceuticals, 2021-2031F |
6.2.3 Philippines Herbal Supplements Market Revenues & Volume, By Food & Beverage, 2021-2031F |
6.2.4 Philippines Herbal Supplements Market Revenues & Volume, By Personal Care, 2021-2031F |
6.3 Philippines Herbal Supplements Market, By Function |
6.3.1 Overview and Analysis |
6.3.2 Philippines Herbal Supplements Market Revenues & Volume, By Medicinal , 2021-2031F |
6.3.3 Philippines Herbal Supplements Market Revenues & Volume, By Aroma, 2021-2031F |
6.4 Philippines Herbal Supplements Market, By Form |
6.4.1 Overview and Analysis |
6.4.2 Philippines Herbal Supplements Market Revenues & Volume, By Capsules & tablets, 2021-2031F |
6.4.3 Philippines Herbal Supplements Market Revenues & Volume, By Powder, 2021-2031F |
6.4.4 Philippines Herbal Supplements Market Revenues & Volume, By Syrups, 2021-2031F |
6.4.5 Philippines Herbal Supplements Market Revenues & Volume, By Oils, 2021-2031F |
7 Philippines Herbal Supplements Market Import-Export Trade Statistics |
7.1 Philippines Herbal Supplements Market Export to Major Countries |
7.2 Philippines Herbal Supplements Market Imports from Major Countries |
8 Philippines Herbal Supplements Market Key Performance Indicators |
8.1 Number of new product launches in the herbal supplements market |
8.2 Consumer satisfaction and repeat purchase rates for herbal supplements |
8.3 Number of partnerships or collaborations between herbal supplement companies and healthcare providers or influencers |
9 Philippines Herbal Supplements Market - Opportunity Assessment |
9.1 Philippines Herbal Supplements Market Opportunity Assessment, By Source, 2021 & 2031F |
9.2 Philippines Herbal Supplements Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 Philippines Herbal Supplements Market Opportunity Assessment, By Function, 2021 & 2031F |
9.4 Philippines Herbal Supplements Market Opportunity Assessment, By Form, 2021 & 2031F |
10 Philippines Herbal Supplements Market - Competitive Landscape |
10.1 Philippines Herbal Supplements Market Revenue Share, By Companies, 2024 |
10.2 Philippines Herbal Supplements Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
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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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