| Product Code: ETC12804385 | Publication Date: Apr 2025 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Sachin Kumar Rai | No. of Pages: 65 | No. of Figures: 34 | No. of Tables: 19 |
In 2024, the Philippines saw a steady rise in hoisin sauce import shipments with key suppliers being Vietnam, Thailand, China, USA, and UK. The market exhibited low concentration with a stable Herfindahl-Hirschman Index (HHI). The compound annual growth rate (CAGR) from 2020 to 2024 was a robust 13.3%, indicating a flourishing demand for hoisin sauce in the Philippines. Moreover, the growth rate from 2023 to 2024 stood at 4.74%, reflecting a continued upward trajectory in the import of this popular condiment.

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 Hoisin Sauce Market Overview |
3.1 Philippines Country Macro Economic Indicators |
3.2 Philippines Hoisin Sauce Market Revenues & Volume, 2021 & 2031F |
3.3 Philippines Hoisin Sauce Market - Industry Life Cycle |
3.4 Philippines Hoisin Sauce Market - Porter's Five Forces |
3.5 Philippines Hoisin Sauce Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Philippines Hoisin Sauce Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 Philippines Hoisin Sauce Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
3.8 Philippines Hoisin Sauce Market Revenues & Volume Share, By Packaging Type, 2021 & 2031F |
4 Philippines Hoisin Sauce Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Philippines Hoisin Sauce Market Trends |
6 Philippines Hoisin Sauce Market, By Types |
6.1 Philippines Hoisin Sauce Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Philippines Hoisin Sauce Market Revenues & Volume, By Type, 2021 - 2031F |
6.1.3 Philippines Hoisin Sauce Market Revenues & Volume, By Traditional Hoisin Sauce, 2021 - 2031F |
6.1.4 Philippines Hoisin Sauce Market Revenues & Volume, By Gluten-Free Hoisin Sauce, 2021 - 2031F |
6.1.5 Philippines Hoisin Sauce Market Revenues & Volume, By Low-Sodium Hoisin Sauce, 2021 - 2031F |
6.2 Philippines Hoisin Sauce Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Philippines Hoisin Sauce Market Revenues & Volume, By Cooking Ingredient, 2021 - 2031F |
6.2.3 Philippines Hoisin Sauce Market Revenues & Volume, By Dipping Sauce, 2021 - 2031F |
6.2.4 Philippines Hoisin Sauce Market Revenues & Volume, By Marinades & Glazes, 2021 - 2031F |
6.3 Philippines Hoisin Sauce Market, By Distribution Channel |
6.3.1 Overview and Analysis |
6.3.2 Philippines Hoisin Sauce Market Revenues & Volume, By Supermarkets & Hypermarkets, 2021 - 2031F |
6.3.3 Philippines Hoisin Sauce Market Revenues & Volume, By Online Stores, 2021 - 2031F |
6.3.4 Philippines Hoisin Sauce Market Revenues & Volume, By Specialty Food Stores, 2021 - 2031F |
6.4 Philippines Hoisin Sauce Market, By Packaging Type |
6.4.1 Overview and Analysis |
6.4.2 Philippines Hoisin Sauce Market Revenues & Volume, By Bottles, 2021 - 2031F |
6.4.3 Philippines Hoisin Sauce Market Revenues & Volume, By Sachets & Packets, 2021 - 2031F |
6.4.4 Philippines Hoisin Sauce Market Revenues & Volume, By Jars, 2021 - 2031F |
7 Philippines Hoisin Sauce Market Import-Export Trade Statistics |
7.1 Philippines Hoisin Sauce Market Export to Major Countries |
7.2 Philippines Hoisin Sauce Market Imports from Major Countries |
8 Philippines Hoisin Sauce Market Key Performance Indicators |
9 Philippines Hoisin Sauce Market - Opportunity Assessment |
9.1 Philippines Hoisin Sauce Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Philippines Hoisin Sauce Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 Philippines Hoisin Sauce Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
9.4 Philippines Hoisin Sauce Market Opportunity Assessment, By Packaging Type, 2021 & 2031F |
10 Philippines Hoisin Sauce Market - Competitive Landscape |
10.1 Philippines Hoisin Sauce Market Revenue Share, By Companies, 2024 |
10.2 Philippines Hoisin Sauce Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |