Philippines Pea Derivatives Market (2025-2031) | Companies, Outlook, Trends, Value, Competitive Landscape, Industry, Growth, Forecast, Segmentation, Size & Revenue, Share, Analysis

Market Forecast By Type (Pea Protein, Pea Starch, Pea Fiber), By Protein Type (Isolates, Concentrates, Textured, Hydrolysate), By Application (Meat Substitutes, Bakery Goods, Dietary Supplements, Beverages, Others) And Competitive Landscape
Product Code: ETC8848256 Publication Date: Sep 2024 Updated Date: Nov 2025 Product Type: Market Research Report
Publisher: 6Wresearch Author: Shubham Deep No. of Pages: 75 No. of Figures: 35 No. of Tables: 20

Philippines Pea Derivatives Market Top 5 Importing Countries and Market Competition (HHI) Analysis

The Philippines saw a rapid increase in imports of pea derivatives in 2024, with China, UK, India, Taiwan, and Indonesia emerging as the top exporters to the country. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market, while the impressive compound annual growth rate (CAGR) of 81.53% from 2020 to 2024 highlights the strong demand for pea derivatives. Moreover, the growth rate of 25.67% from 2023 to 2024 suggests sustained momentum in the market, making it an attractive sector for further exploration and investment.

Philippines Pea Derivatives Market Top 5 Importing Countries and Market Competition (HHI) Analysis

Philippines Pea Derivatives Market Overview

The Philippines pea derivatives market is experiencing growth, driven by the increasing demand for plant-based proteins, particularly in the food and beverage sector. Pea derivatives, such as pea protein, pea starch, and pea fiber, are becoming popular ingredients in plant-based foods, dietary supplements, and animal feed. The growing trend toward vegan and vegetarian diets, as well as the rising awareness of sustainable farming practices, is contributing to the market’s expansion. As the food industry in the Philippines increasingly focuses on health-conscious products, the demand for pea derivatives is expected to rise.

Drivers of the market

The pea derivatives market in the Philippines is driven by the rising consumer demand for plant-based food products and sustainable protein sources. Pea protein, starch, and fiber are increasingly used in food and beverage products, including meat alternatives, snacks, and nutritional supplements. The growing awareness of health and wellness, along with increasing vegan and vegetarian populations, further fuels the demand for pea derivatives. Additionally, government initiatives promoting sustainable agriculture and the adoption of plant-based diets contribute to market growth. Innovations in food processing technologies have also enhanced the quality and functionality of pea derivatives, further boosting their adoption.

Challenges of the market

The pea derivatives market faces challenges related to the limited availability of locally grown peas, which affects the supply chain and increases the cost of raw materials. Farmers may not be fully aware of the potential benefits of pea cultivation, which limits the development of a robust supply base. Additionally, the pea derivatives market faces competition from other plant-based protein sources, such as soy and rice, which are more widely available. The lack of large-scale processing facilities in the Philippines limits the ability to process pea derivatives locally, creating a reliance on imports.

Investment opportunities in the Market

The growing demand for plant-based nutrition and functional food ingredients creates attractive investment opportunities in the pea derivatives market. Establishing local processing facilities for pea protein, starch, and fiber can reduce import dependency and support local farmers. Research and development in value-added pea-based products, such as plant-based meat alternatives and dietary supplements, offer innovation-driven growth. Partnerships with food and beverage manufacturers for customized pea ingredient solutions can drive market expansion. Additionally, investments in export-oriented production facilities can tap into international demand for pea derivatives.

Government Policy of the market

The pea derivatives market is influenced by agricultural and food processing policies that support sustainable farming and nutrition initiatives. The government provides subsidies and incentives for legume cultivation, encouraging local production of pea-based ingredients. Food safety regulations and import policies ensure product quality and compliance with international standards. Additionally, the promotion of plant-based protein alternatives in public health campaigns has created opportunities for pea protein and fiber products. However, market growth is affected by limited domestic processing infrastructure and fluctuations in global pea prices.

Key Highlights of the Report:

  • Philippines Pea Derivatives Market Outlook
  • Market Size of Philippines Pea Derivatives Market, 2024
  • Forecast of Philippines Pea Derivatives Market, 2031
  • Historical Data and Forecast of Philippines Pea Derivatives Revenues & Volume for the Period 2021- 2031
  • Philippines Pea Derivatives Market Trend Evolution
  • Philippines Pea Derivatives Market Drivers and Challenges
  • Philippines Pea Derivatives Price Trends
  • Philippines Pea Derivatives Porter's Five Forces
  • Philippines Pea Derivatives Industry Life Cycle
  • Historical Data and Forecast of Philippines Pea Derivatives Market Revenues & Volume By Type for the Period 2021- 2031
  • Historical Data and Forecast of Philippines Pea Derivatives Market Revenues & Volume By Pea Protein for the Period 2021- 2031
  • Historical Data and Forecast of Philippines Pea Derivatives Market Revenues & Volume By Pea Starch for the Period 2021- 2031
  • Historical Data and Forecast of Philippines Pea Derivatives Market Revenues & Volume By Pea Fiber for the Period 2021- 2031
  • Historical Data and Forecast of Philippines Pea Derivatives Market Revenues & Volume By Protein Type for the Period 2021- 2031
  • Historical Data and Forecast of Philippines Pea Derivatives Market Revenues & Volume By Isolates for the Period 2021- 2031
  • Historical Data and Forecast of Philippines Pea Derivatives Market Revenues & Volume By Concentrates for the Period 2021- 2031
  • Historical Data and Forecast of Philippines Pea Derivatives Market Revenues & Volume By Textured for the Period 2021- 2031
  • Historical Data and Forecast of Philippines Pea Derivatives Market Revenues & Volume By Hydrolysate for the Period 2021- 2031
  • Historical Data and Forecast of Philippines Pea Derivatives Market Revenues & Volume By Application for the Period 2021- 2031
  • Historical Data and Forecast of Philippines Pea Derivatives Market Revenues & Volume By Meat Substitutes for the Period 2021- 2031
  • Historical Data and Forecast of Philippines Pea Derivatives Market Revenues & Volume By Bakery Goods for the Period 2021- 2031
  • Historical Data and Forecast of Philippines Pea Derivatives Market Revenues & Volume By Dietary Supplements for the Period 2021- 2031
  • Historical Data and Forecast of Philippines Pea Derivatives Market Revenues & Volume By Beverages for the Period 2021- 2031
  • Historical Data and Forecast of Philippines Pea Derivatives Market Revenues & Volume By Others for the Period 2021- 2031
  • Philippines Pea Derivatives Import Export Trade Statistics
  • Market Opportunity Assessment By Type
  • Market Opportunity Assessment By Protein Type
  • Market Opportunity Assessment By Application
  • Philippines Pea Derivatives Top Companies Market Share
  • Philippines Pea Derivatives Competitive Benchmarking By Technical and Operational Parameters
  • Philippines Pea Derivatives Company Profiles
  • Philippines Pea Derivatives Key Strategic Recommendations

Frequently Asked Questions About the Market Study (FAQs):

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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 Pea Derivatives Market Overview

3.1 Philippines Country Macro Economic Indicators

3.2 Philippines Pea Derivatives Market Revenues & Volume, 2021 & 2031F

3.3 Philippines Pea Derivatives Market - Industry Life Cycle

3.4 Philippines Pea Derivatives Market - Porter's Five Forces

3.5 Philippines Pea Derivatives Market Revenues & Volume Share, By Type, 2021 & 2031F

3.6 Philippines Pea Derivatives Market Revenues & Volume Share, By Protein Type, 2021 & 2031F

3.7 Philippines Pea Derivatives Market Revenues & Volume Share, By Application, 2021 & 2031F

4 Philippines Pea Derivatives Market Dynamics

4.1 Impact Analysis

4.2 Market Drivers

4.2.1 Increasing consumer awareness and demand for plant-based protein products

4.2.2 Growing focus on sustainable and environmentally friendly food production practices

4.2.3 Rising health consciousness leading to a shift towards plant-based diets

4.3 Market Restraints

4.3.1 Limited availability and high cost of raw materials for pea derivatives production

4.3.2 Lack of infrastructure and processing facilities for pea derivatives in the Philippines

4.3.3 Competition from other plant-based protein sources such as soy and wheat

5 Philippines Pea Derivatives Market Trends

6 Philippines Pea Derivatives Market, By Types

6.1 Philippines Pea Derivatives Market, By Type

6.1.1 Overview and Analysis

6.1.2 Philippines Pea Derivatives Market Revenues & Volume, By Type, 2021- 2031F

6.1.3 Philippines Pea Derivatives Market Revenues & Volume, By Pea Protein, 2021- 2031F

6.1.4 Philippines Pea Derivatives Market Revenues & Volume, By Pea Starch, 2021- 2031F

6.1.5 Philippines Pea Derivatives Market Revenues & Volume, By Pea Fiber, 2021- 2031F

6.2 Philippines Pea Derivatives Market, By Protein Type

6.2.1 Overview and Analysis

6.2.2 Philippines Pea Derivatives Market Revenues & Volume, By Isolates, 2021- 2031F

6.2.3 Philippines Pea Derivatives Market Revenues & Volume, By Concentrates, 2021- 2031F

6.2.4 Philippines Pea Derivatives Market Revenues & Volume, By Textured, 2021- 2031F

6.2.5 Philippines Pea Derivatives Market Revenues & Volume, By Hydrolysate, 2021- 2031F

6.3 Philippines Pea Derivatives Market, By Application

6.3.1 Overview and Analysis

6.3.2 Philippines Pea Derivatives Market Revenues & Volume, By Meat Substitutes, 2021- 2031F

6.3.3 Philippines Pea Derivatives Market Revenues & Volume, By Bakery Goods, 2021- 2031F

6.3.4 Philippines Pea Derivatives Market Revenues & Volume, By Dietary Supplements, 2021- 2031F

6.3.5 Philippines Pea Derivatives Market Revenues & Volume, By Beverages, 2021- 2031F

6.3.6 Philippines Pea Derivatives Market Revenues & Volume, By Others, 2021- 2031F

7 Philippines Pea Derivatives Market Import-Export Trade Statistics

7.1 Philippines Pea Derivatives Market Export to Major Countries

7.2 Philippines Pea Derivatives Market Imports from Major Countries

8 Philippines Pea Derivatives Market Key Performance Indicators

8.1 Percentage of food companies in the Philippines incorporating pea derivatives in their product offerings

8.2 Number of new product launches featuring pea derivatives in the market

8.3 Investment in research and development for enhancing the quality and variety of pea derivatives

8.4 Adoption rate of plant-based diets among the Filipino population

8.5 Percentage of agricultural land in the Philippines allocated for growing peas

9 Philippines Pea Derivatives Market - Opportunity Assessment

9.1 Philippines Pea Derivatives Market Opportunity Assessment, By Type, 2021 & 2031F

9.2 Philippines Pea Derivatives Market Opportunity Assessment, By Protein Type, 2021 & 2031F

9.3 Philippines Pea Derivatives Market Opportunity Assessment, By Application, 2021 & 2031F

10 Philippines Pea Derivatives Market - Competitive Landscape

10.1 Philippines Pea Derivatives Market Revenue Share, By Companies, 2024

10.2 Philippines Pea Derivatives Market Competitive Benchmarking, By Operating and Technical Parameters

11 Company Profiles

12 Recommendations

13 Disclaimer

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