| Product Code: ETC12858913 | Publication Date: Apr 2025 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | No. of Pages: 65 | No. of Figures: 34 | No. of Tables: 19 | |
The Philippines witnessed a significant surge in IQF vegetable imports in 2024, with top exporters including China, Belgium, Italy, South Korea, and the USA. Despite the high Herfindahl-Hirschman Index indicating market concentration, the industry maintained robust growth with a remarkable CAGR of 29.9% from 2020 to 2024. The growth momentum continued in 2024 with a notable growth rate of 20.92% from the previous year, highlighting the increasing demand for IQF vegetables in the Philippines.

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 IQF Vegetable Market Overview |
3.1 Philippines Country Macro Economic Indicators |
3.2 Philippines IQF Vegetable Market Revenues & Volume, 2021 & 2031F |
3.3 Philippines IQF Vegetable Market - Industry Life Cycle |
3.4 Philippines IQF Vegetable Market - Porter's Five Forces |
3.5 Philippines IQF Vegetable Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.6 Philippines IQF Vegetable Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.7 Philippines IQF Vegetable Market Revenues & Volume Share, By End User, 2021 & 2031F |
3.8 Philippines IQF Vegetable Market Revenues & Volume Share, By Packaging, 2021 & 2031F |
3.9 Philippines IQF Vegetable Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 Philippines IQF Vegetable Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing consumer demand for convenient and healthy food options |
4.2.2 Growth in the food processing industry in the Philippines |
4.2.3 Expansion of retail outlets and online grocery platforms offering IQF vegetables |
4.3 Market Restraints |
4.3.1 Fluctuations in raw material prices affecting production costs |
4.3.2 Lack of awareness among consumers about the benefits of IQF vegetables |
4.3.3 Competition from fresh and canned vegetable products |
5 Philippines IQF Vegetable Market Trends |
6 Philippines IQF Vegetable Market, By Types |
6.1 Philippines IQF Vegetable Market, By Application |
6.1.1 Overview and Analysis |
6.1.2 Philippines IQF Vegetable Market Revenues & Volume, By Application, 2021 - 2031F |
6.1.3 Philippines IQF Vegetable Market Revenues & Volume, By Food Processing, 2021 - 2031F |
6.1.4 Philippines IQF Vegetable Market Revenues & Volume, By Retail Consumption, 2021 - 2031F |
6.1.5 Philippines IQF Vegetable Market Revenues & Volume, By Food Service, 2021 - 2031F |
6.1.6 Philippines IQF Vegetable Market Revenues & Volume, By Frozen Meals, 2021 - 2031F |
6.1.7 Philippines IQF Vegetable Market Revenues & Volume, By Ingredient Supply, 2021 - 2031F |
6.2 Philippines IQF Vegetable Market, By Type |
6.2.1 Overview and Analysis |
6.2.2 Philippines IQF Vegetable Market Revenues & Volume, By Peas, 2021 - 2031F |
6.2.3 Philippines IQF Vegetable Market Revenues & Volume, By Corn, 2021 - 2031F |
6.2.4 Philippines IQF Vegetable Market Revenues & Volume, By Beans, 2021 - 2031F |
6.2.5 Philippines IQF Vegetable Market Revenues & Volume, By Carrots, 2021 - 2031F |
6.2.6 Philippines IQF Vegetable Market Revenues & Volume, By Broccoli, 2021 - 2031F |
6.3 Philippines IQF Vegetable Market, By End User |
6.3.1 Overview and Analysis |
6.3.2 Philippines IQF Vegetable Market Revenues & Volume, By Households, 2021 - 2031F |
6.3.3 Philippines IQF Vegetable Market Revenues & Volume, By Restaurants, 2021 - 2031F |
6.3.4 Philippines IQF Vegetable Market Revenues & Volume, By Food Manufacturers, 2021 - 2031F |
6.3.5 Philippines IQF Vegetable Market Revenues & Volume, By Catering Services, 2021 - 2031F |
6.4 Philippines IQF Vegetable Market, By Packaging |
6.4.1 Overview and Analysis |
6.4.2 Philippines IQF Vegetable Market Revenues & Volume, By Bags, 2021 - 2031F |
6.4.3 Philippines IQF Vegetable Market Revenues & Volume, By Cartons, 2021 - 2031F |
6.4.4 Philippines IQF Vegetable Market Revenues & Volume, By Bulk Packaging, 2021 - 2031F |
6.5 Philippines IQF Vegetable Market, By Distribution Channel |
6.5.1 Overview and Analysis |
6.5.2 Philippines IQF Vegetable Market Revenues & Volume, By Supermarkets, 2021 - 2031F |
6.5.3 Philippines IQF Vegetable Market Revenues & Volume, By Online Retail, 2021 - 2031F |
6.5.4 Philippines IQF Vegetable Market Revenues & Volume, By Specialty Stores, 2021 - 2031F |
7 Philippines IQF Vegetable Market Import-Export Trade Statistics |
7.1 Philippines IQF Vegetable Market Export to Major Countries |
7.2 Philippines IQF Vegetable Market Imports from Major Countries |
8 Philippines IQF Vegetable Market Key Performance Indicators |
8.1 Percentage increase in the number of retail outlets stocking IQF vegetables |
8.2 Growth in the number of food processing companies utilizing IQF vegetables in their products |
8.3 Consumer awareness levels about the advantages of IQF vegetables |
9 Philippines IQF Vegetable Market - Opportunity Assessment |
9.1 Philippines IQF Vegetable Market Opportunity Assessment, By Application, 2021 & 2031F |
9.2 Philippines IQF Vegetable Market Opportunity Assessment, By Type, 2021 & 2031F |
9.3 Philippines IQF Vegetable Market Opportunity Assessment, By End User, 2021 & 2031F |
9.4 Philippines IQF Vegetable Market Opportunity Assessment, By Packaging, 2021 & 2031F |
9.5 Philippines IQF Vegetable Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 Philippines IQF Vegetable Market - Competitive Landscape |
10.1 Philippines IQF Vegetable Market Revenue Share, By Companies, 2024 |
10.2 Philippines IQF Vegetable 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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