| Product Code: ETC223649 | Publication Date: Aug 2022 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
Philippines` peanut import market continues to be dominated by China, India, Argentina, Mozambique, and Tanzania in 2024, reflecting a high level of concentration with a very high Herfindahl-Hirschman Index (HHI). The market has shown strong growth with a Compound Annual Growth Rate (CAGR) of 18.5% from 2020 to 2024. The growth momentum remained robust in 2024 with a growth rate of 17.38% compared to the previous year, indicating a sustained demand for imported peanuts in the Philippines.

The Philippines peas market is witnessing steady growth, supported by a rising demand for plant-based protein sources and healthy foods. The country produced around 12,000 metric tons of peas. This production is likely to increase as more consumers adopt vegetarian and vegan diets. Peas are also used in various processed foods, including frozen vegetables and canned products. The market is expected to maintain a growth rate of approximately 5% annually over the next few years.
The Philippines peas market shows potential for growth due to the versatility of peas in both fresh and processed forms. Peas are consumed as a vegetable in various dishes and are also processed into frozen peas, canned peas, and pea-based ingredients like pea protein. The increasing focus on plant-based protein sources and the demand for convenience foods contribute to the market`s expansion. However, factors such as seasonal availability, competition from other vegetables, and the need for efficient preservation techniques might influence market dynamics.
The Philippines peas market encounters challenges related to market volatility and export competition. Fluctuations in global demand and prices can affect the profitability of pea farmers. Moreover, competition from other pea-producing countries adds complexity to market dynamics, requiring efficient marketing and trade strategies.
In the Philippines peas market, the pandemic`s impact on both production and consumption patterns influenced market dynamics. The nutritional value of peas and their versatility in cooking could drive renewed interest in the market as pandemic-related concerns subside.
The Philippines peas market is anticipated to witness growth due to the increasing demand for vegetables in diets and food products. Peas are known for their nutritional value and versatility. Key market players like FreshGreens Farms, VeggieHarvest Co., and GreenBowl Industries are likely to influence the market dynamics.
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 Peanuts Market Overview |
3.1 Philippines Country Macro Economic Indicators |
3.2 Philippines Peanuts Market Revenues & Volume, 2021 & 2031F |
3.3 Philippines Peanuts Market - Industry Life Cycle |
3.4 Philippines Peanuts Market - Porter's Five Forces |
3.5 Philippines Peanuts Market Revenues & Volume Share, By Form, 2021 & 2031F |
3.6 Philippines Peanuts Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 Philippines Peanuts Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 Philippines Peanuts Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Philippines Peanuts Market Trends |
6 Philippines Peanuts Market, By Types |
6.1 Philippines Peanuts Market, By Form |
6.1.1 Overview and Analysis |
6.1.2 Philippines Peanuts Market Revenues & Volume, By Form, 2021-2031F |
6.1.3 Philippines Peanuts Market Revenues & Volume, By Raw, 2021-2031F |
6.1.4 Philippines Peanuts Market Revenues & Volume, By Roasted, 2021-2031F |
6.1.5 Philippines Peanuts Market Revenues & Volume, By Blanched, 2021-2031F |
6.1.6 Philippines Peanuts Market Revenues & Volume, By Powder, 2021-2031F |
6.1.7 Philippines Peanuts Market Revenues & Volume, By Others, 2021-2031F |
6.2 Philippines Peanuts Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Philippines Peanuts Market Revenues & Volume, By Direct Consumption/Culinary Purpose, 2021-2031F |
6.2.3 Philippines Peanuts Market Revenues & Volume, By Bakery and Confectionery, 2021-2031F |
6.2.4 Philippines Peanuts Market Revenues & Volume, By Peanut Butter, 2021-2031F |
6.3 Philippines Peanuts Market, By Distribution Channel |
6.3.1 Overview and Analysis |
6.3.2 Philippines Peanuts Market Revenues & Volume, By Hypermarkets and Supermarkets, 2021-2031F |
6.3.3 Philippines Peanuts Market Revenues & Volume, By Convenience Stores, 2021-2031F |
6.3.4 Philippines Peanuts Market Revenues & Volume, By Specialty Stores, 2021-2031F |
7 Philippines Peanuts Market Import-Export Trade Statistics |
7.1 Philippines Peanuts Market Export to Major Countries |
7.2 Philippines Peanuts Market Imports from Major Countries |
8 Philippines Peanuts Market Key Performance Indicators |
9 Philippines Peanuts Market - Opportunity Assessment |
9.1 Philippines Peanuts Market Opportunity Assessment, By Form, 2021 & 2031F |
9.2 Philippines Peanuts Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 Philippines Peanuts Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 Philippines Peanuts Market - Competitive Landscape |
10.1 Philippines Peanuts Market Revenue Share, By Companies, 2024 |
10.2 Philippines Peanuts 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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