| Product Code: ETC12705313 | 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 |
The Philippines experienced significant growth in nut butter imports in 2024, with top exporting countries being China, USA, Argentina, India, and Brazil. The market remained highly concentrated, as indicated by the high Herfindahl-Hirschman Index (HHI). The compound annual growth rate (CAGR) from 2020 to 2024 was a robust 7.77%, with a notable growth rate of 22.09% from 2023 to 2024. This data suggests a strong demand for nut butters in the Philippines, with key players from various countries contributing to the market`s expansion.

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 Nut Butters Market Overview |
3.1 Philippines Country Macro Economic Indicators |
3.2 Philippines Nut Butters Market Revenues & Volume, 2021 & 2031F |
3.3 Philippines Nut Butters Market - Industry Life Cycle |
3.4 Philippines Nut Butters Market - Porter's Five Forces |
3.5 Philippines Nut Butters Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Philippines Nut Butters Market Revenues & Volume Share, By Application Area, 2021 & 2031F |
3.7 Philippines Nut Butters Market Revenues & Volume Share, By End User, 2021 & 2031F |
3.8 Philippines Nut Butters Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
4 Philippines Nut Butters Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing health consciousness among consumers leading to a preference for natural and nutritious food products. |
4.2.2 Growing demand for plant-based protein sources due to rising vegan and vegetarian population. |
4.2.3 Rising disposable income and changing lifestyle patterns driving the demand for convenience foods. |
4.3 Market Restraints |
4.3.1 Price volatility of raw materials such as nuts impacting the production cost of nut butters. |
4.3.2 Intense competition from established brands and new entrants in the market. |
4.3.3 Challenges in distribution and shelf space availability in retail outlets. |
5 Philippines Nut Butters Market Trends |
6 Philippines Nut Butters Market, By Types |
6.1 Philippines Nut Butters Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Philippines Nut Butters Market Revenues & Volume, By Type, 2021 - 2031F |
6.1.3 Philippines Nut Butters Market Revenues & Volume, By Peanut Butter, 2021 - 2031F |
6.1.4 Philippines Nut Butters Market Revenues & Volume, By Almond Butter, 2021 - 2031F |
6.1.5 Philippines Nut Butters Market Revenues & Volume, By Cashew Butter, 2021 - 2031F |
6.1.6 Philippines Nut Butters Market Revenues & Volume, By Hazelnut Butter, 2021 - 2031F |
6.2 Philippines Nut Butters Market, By Application Area |
6.2.1 Overview and Analysis |
6.2.2 Philippines Nut Butters Market Revenues & Volume, By Spread and Toppings, 2021 - 2031F |
6.2.3 Philippines Nut Butters Market Revenues & Volume, By Nutritional Snacks, 2021 - 2031F |
6.2.4 Philippines Nut Butters Market Revenues & Volume, By Confectionery, 2021 - 2031F |
6.2.5 Philippines Nut Butters Market Revenues & Volume, By Dairy Alternatives, 2021 - 2031F |
6.3 Philippines Nut Butters Market, By End User |
6.3.1 Overview and Analysis |
6.3.2 Philippines Nut Butters Market Revenues & Volume, By Households, 2021 - 2031F |
6.3.3 Philippines Nut Butters Market Revenues & Volume, By Fitness Enthusiasts, 2021 - 2031F |
6.3.4 Philippines Nut Butters Market Revenues & Volume, By Food Manufacturers, 2021 - 2031F |
6.3.5 Philippines Nut Butters Market Revenues & Volume, By Vegan Consumers, 2021 - 2031F |
6.4 Philippines Nut Butters Market, By Product Type |
6.4.1 Overview and Analysis |
6.4.2 Philippines Nut Butters Market Revenues & Volume, By Crunchy Peanut Butter, 2021 - 2031F |
6.4.3 Philippines Nut Butters Market Revenues & Volume, By Organic Almond Butter, 2021 - 2031F |
6.4.4 Philippines Nut Butters Market Revenues & Volume, By Flavored Cashew Butter, 2021 - 2031F |
6.4.5 Philippines Nut Butters Market Revenues & Volume, By Cocoa-infused Hazelnut Butter, 2021 - 2031F |
7 Philippines Nut Butters Market Import-Export Trade Statistics |
7.1 Philippines Nut Butters Market Export to Major Countries |
7.2 Philippines Nut Butters Market Imports from Major Countries |
8 Philippines Nut Butters Market Key Performance Indicators |
8.1 Consumer engagement on social media platforms showcasing interest and demand for nut butters. |
8.2 Number of new product launches or flavor variations introduced by nut butter manufacturers. |
8.3 Growth in online sales and e-commerce presence for nut butter brands. |
8.4 Trend analysis of nut butter consumption patterns in foodservice establishments and households. |
8.5 Percentage increase in partnerships with health and wellness influencers or organizations promoting nut butter consumption. |
9 Philippines Nut Butters Market - Opportunity Assessment |
9.1 Philippines Nut Butters Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Philippines Nut Butters Market Opportunity Assessment, By Application Area, 2021 & 2031F |
9.3 Philippines Nut Butters Market Opportunity Assessment, By End User, 2021 & 2031F |
9.4 Philippines Nut Butters Market Opportunity Assessment, By Product Type, 2021 & 2031F |
10 Philippines Nut Butters Market - Competitive Landscape |
10.1 Philippines Nut Butters Market Revenue Share, By Companies, 2024 |
10.2 Philippines Nut Butters 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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