| Product Code: ETC8843489 | 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 continues to see a significant rise in the import of insect-based ingredients, with top exporting countries in 2024 being Germany, Metropolitan France, Brazil, Thailand, and the UK. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market, while the impressive Compound Annual Growth Rate (CAGR) of 32.92% from 2020 to 2024 reflects a growing demand for these unique ingredients. The notable growth rate of 26.62% from 2023 to 2024 further underscores the increasing popularity and acceptance of insect-based ingredients in the Philippine market.

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 Insect-Based Ingredients Market Overview |
3.1 Philippines Country Macro Economic Indicators |
3.2 Philippines Insect-Based Ingredients Market Revenues & Volume, 2021 & 2031F |
3.3 Philippines Insect-Based Ingredients Market - Industry Life Cycle |
3.4 Philippines Insect-Based Ingredients Market - Porter's Five Forces |
3.5 Philippines Insect-Based Ingredients Market Revenues & Volume Share, By Usage, 2021 & 2031F |
3.6 Philippines Insect-Based Ingredients Market Revenues & Volume Share, By Insect Type, 2021 & 2031F |
4 Philippines Insect-Based Ingredients Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for sustainable and eco-friendly food sources. |
4.2.2 Growing awareness about the nutritional benefits of insect-based ingredients. |
4.2.3 Rising interest in alternative protein sources among consumers. |
4.3 Market Restraints |
4.3.1 Cultural barriers and social taboos associated with consuming insects. |
4.3.2 Lack of regulatory framework and standards for insect-based ingredients. |
4.3.3 Limited availability and high production costs of insect-based ingredients. |
5 Philippines Insect-Based Ingredients Market Trends |
6 Philippines Insect-Based Ingredients Market, By Types |
6.1 Philippines Insect-Based Ingredients Market, By Usage |
6.1.1 Overview and Analysis |
6.1.2 Philippines Insect-Based Ingredients Market Revenues & Volume, By Usage, 2021- 2031F |
6.1.3 Philippines Insect-Based Ingredients Market Revenues & Volume, By Insect-Based Animal Feed, 2021- 2031F |
6.1.4 Philippines Insect-Based Ingredients Market Revenues & Volume, By Insect-Based Pharmaceutical Products, 2021- 2031F |
6.1.5 Philippines Insect-Based Ingredients Market Revenues & Volume, By Insect-Based Human Food and Beverage, 2021- 2031F |
6.1.6 Philippines Insect-Based Ingredients Market Revenues & Volume, By Others, 2021- 2031F |
6.2 Philippines Insect-Based Ingredients Market, By Insect Type |
6.2.1 Overview and Analysis |
6.2.2 Philippines Insect-Based Ingredients Market Revenues & Volume, By Beetles, 2021- 2031F |
6.2.3 Philippines Insect-Based Ingredients Market Revenues & Volume, By Caterpillar, 2021- 2031F |
6.2.4 Philippines Insect-Based Ingredients Market Revenues & Volume, By Hymenoptera, 2021- 2031F |
6.2.5 Philippines Insect-Based Ingredients Market Revenues & Volume, By Orthoptera, 2021- 2031F |
6.2.6 Philippines Insect-Based Ingredients Market Revenues & Volume, By Tree Bugs, 2021- 2031F |
6.2.7 Philippines Insect-Based Ingredients Market Revenues & Volume, By Other Insect Types, 2021- 2031F |
7 Philippines Insect-Based Ingredients Market Import-Export Trade Statistics |
7.1 Philippines Insect-Based Ingredients Market Export to Major Countries |
7.2 Philippines Insect-Based Ingredients Market Imports from Major Countries |
8 Philippines Insect-Based Ingredients Market Key Performance Indicators |
8.1 Number of new product launches containing insect-based ingredients. |
8.2 Consumer acceptance and willingness to try products with insect-based ingredients. |
8.3 Investment and funding trends in the insect-based ingredients market. |
8.4 Research and development activities focusing on enhancing the quality and taste of insect-based ingredients. |
8.5 Number of collaborations and partnerships between insect-based ingredient companies and food manufacturers. |
9 Philippines Insect-Based Ingredients Market - Opportunity Assessment |
9.1 Philippines Insect-Based Ingredients Market Opportunity Assessment, By Usage, 2021 & 2031F |
9.2 Philippines Insect-Based Ingredients Market Opportunity Assessment, By Insect Type, 2021 & 2031F |
10 Philippines Insect-Based Ingredients Market - Competitive Landscape |
10.1 Philippines Insect-Based Ingredients Market Revenue Share, By Companies, 2024 |
10.2 Philippines Insect-Based Ingredients 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.
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