Product Code: ETC223529 | Publication Date: Aug 2022 | Updated Date: Aug 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 | |
Peanut oil holds a significant place in the Philippines edible oil market, driven by its culinary applications and nutritional benefits. Market data reveals that the annual production of peanut oil has increased by an average of 5% over the past three years. In the last fiscal year, the Philippines produced approximately 110,000 metric tons of peanut oil, with a market value exceeding $85 million. Peanut oil`s high smoke point and distinctive flavor make it a preferred choice for frying and cooking in Filipino cuisine. Additionally, its health attributes, such as monounsaturated fats and vitamin E content, contribute to its popularity. As consumer preferences shift toward healthier cooking oils, the peanut oil market is expected to maintain its relevance, supported by local production and consumption as well as potential export opportunities.
The Philippines peanut oil market is expected to experience moderate growth in the forecast period. Peanut oil, known for its mild flavor and high smoke point, is utilized for cooking and frying purposes. The rising food consumption, urbanization, and changing dietary habits contribute to the demand for cooking oils, including peanut oil. However, competition from other cooking oils like sunflower oil, soybean oil, and palm oil, coupled with health concerns related to excessive saturated fat consumption, might influence the market`s growth trajectory.
The Philippines peanut oil market is hindered by challenges such as allergen concerns and health perceptions. Peanuts are common allergens, and cross-contamination during processing can pose risks to sensitive individuals. Overcoming these challenges involves stringent allergen management practices and effective communication of product safety.
In the Philippines peanut oil market, the pandemic disrupted supply chains and led to volatile pricing. As consumers increasingly focus on cooking and dietary preferences at home, the demand for peanut oil could rebound, supported by its culinary uses and potential health benefits.
The Philippines peanut oil market is projected to demonstrate steady growth, driven by its applications in cooking and food preparation. With its high smoke point and nutty flavor, peanut oil is a popular choice among consumers. Market influencers such as GoldenFry Oils, NutriOil Inc., and PeanutMaster Industries are expected to shape the market landscape.
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 Processed Ingredients Market Overview |
3.1 Philippines Country Macro Economic Indicators |
3.2 Philippines Pea Processed Ingredients Market Revenues & Volume, 2021 & 2031F |
3.3 Philippines Pea Processed Ingredients Market - Industry Life Cycle |
3.4 Philippines Pea Processed Ingredients Market - Porter's Five Forces |
3.5 Philippines Pea Processed Ingredients Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Philippines Pea Processed Ingredients Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 Philippines Pea Processed Ingredients Market Revenues & Volume Share, By Source, 2021 & 2031F |
4 Philippines Pea Processed Ingredients Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing consumer demand for plant-based and healthy food products |
4.2.2 Growing awareness about the health benefits of pea processed ingredients |
4.2.3 Rise in vegan and vegetarian population in the Philippines |
4.3 Market Restraints |
4.3.1 Price volatility of raw materials used in pea processing |
4.3.2 Limited availability of advanced processing technologies for pea ingredients in the Philippines |
5 Philippines Pea Processed Ingredients Market Trends |
6 Philippines Pea Processed Ingredients Market, By Types |
6.1 Philippines Pea Processed Ingredients Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Philippines Pea Processed Ingredients Market Revenues & Volume, By Type, 2021-2031F |
6.1.3 Philippines Pea Processed Ingredients Market Revenues & Volume, By Protein, 2021-2031F |
6.1.4 Philippines Pea Processed Ingredients Market Revenues & Volume, By Starch, 2021-2031F |
6.1.5 Philippines Pea Processed Ingredients Market Revenues & Volume, By Flour, 2021-2031F |
6.1.6 Philippines Pea Processed Ingredients Market Revenues & Volume, By Fiber, 2021-2031F |
6.2 Philippines Pea Processed Ingredients Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Philippines Pea Processed Ingredients Market Revenues & Volume, By Food, 2021-2031F |
6.2.3 Philippines Pea Processed Ingredients Market Revenues & Volume, By Meat & Meat Substitutes, 2021-2031F |
6.2.4 Philippines Pea Processed Ingredients Market Revenues & Volume, By Performance Nutrition, 2021-2031F |
6.2.5 Philippines Pea Processed Ingredients Market Revenues & Volume, By Functional Foods, 2021-2031F |
6.2.6 Philippines Pea Processed Ingredients Market Revenues & Volume, By Snacks, 2021-2031F |
6.2.7 Philippines Pea Processed Ingredients Market Revenues & Volume, By Bakery, 2021-2031F |
6.2.8 Philippines Pea Processed Ingredients Market Revenues & Volume, By Others, 2021-2031F |
6.2.9 Philippines Pea Processed Ingredients Market Revenues & Volume, By Others, 2021-2031F |
6.3 Philippines Pea Processed Ingredients Market, By Source |
6.3.1 Overview and Analysis |
6.3.2 Philippines Pea Processed Ingredients Market Revenues & Volume, By Yellow Split Peas, 2021-2031F |
6.3.3 Philippines Pea Processed Ingredients Market Revenues & Volume, By Chickpeas, 2021-2031F |
6.3.4 Philippines Pea Processed Ingredients Market Revenues & Volume, By Lentils, 2021-2031F |
7 Philippines Pea Processed Ingredients Market Import-Export Trade Statistics |
7.1 Philippines Pea Processed Ingredients Market Export to Major Countries |
7.2 Philippines Pea Processed Ingredients Market Imports from Major Countries |
8 Philippines Pea Processed Ingredients Market Key Performance Indicators |
8.1 Adoption rate of pea processed ingredients by food manufacturers in the Philippines |
8.2 Number of new product launches containing pea processed ingredients |
8.3 Percentage increase in investments in research and development for pea ingredient innovations |
9 Philippines Pea Processed Ingredients Market - Opportunity Assessment |
9.1 Philippines Pea Processed Ingredients Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Philippines Pea Processed Ingredients Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 Philippines Pea Processed Ingredients Market Opportunity Assessment, By Source, 2021 & 2031F |
10 Philippines Pea Processed Ingredients Market - Competitive Landscape |
10.1 Philippines Pea Processed Ingredients Market Revenue Share, By Companies, 2024 |
10.2 Philippines Pea Processed Ingredients Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |