| Product Code: ETC8848900 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Summon Dutta | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
The Philippines` plant-based butter import market saw significant growth in 2024, with key exporting countries being Malaysia, Italy, Singapore, Belgium, and Indonesia. The market concentration, as measured by the HHI, shifted from moderate to high in 2024, indicating increased dominance of these top exporting countries. The impressive CAGR of 28.42% from 2020 to 2024 and a remarkable growth rate of 72.31% from 2023 to 2024 highlight the growing demand for plant-based butter in the Philippines and the strong performance of these exporting countries in meeting that demand.

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 Plant-Based Butter Market Overview |
3.1 Philippines Country Macro Economic Indicators |
3.2 Philippines Plant-Based Butter Market Revenues & Volume, 2021 & 2031F |
3.3 Philippines Plant-Based Butter Market - Industry Life Cycle |
3.4 Philippines Plant-Based Butter Market - Porter's Five Forces |
3.5 Philippines Plant-Based Butter Market Revenues & Volume Share, By Nature, 2021 & 2031F |
3.6 Philippines Plant-Based Butter Market Revenues & Volume Share, By Source Of The Product, 2021 & 2031F |
3.7 Philippines Plant-Based Butter Market Revenues & Volume Share, By Distribution Channels, 2021 & 2031F |
4 Philippines Plant-Based Butter Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing consumer awareness about health and environmental benefits of plant-based diets |
4.2.2 Rise in vegan and flexitarian population in the Philippines |
4.2.3 Growing demand for dairy-free and lactose-free alternatives |
4.3 Market Restraints |
4.3.1 Limited availability and high cost of plant-based butter compared to traditional butter |
4.3.2 Lack of awareness and education about plant-based butter among consumers |
4.3.3 Preference for traditional dairy butter in Filipino cuisine |
5 Philippines Plant-Based Butter Market Trends |
6 Philippines Plant-Based Butter Market, By Types |
6.1 Philippines Plant-Based Butter Market, By Nature |
6.1.1 Overview and Analysis |
6.1.2 Philippines Plant-Based Butter Market Revenues & Volume, By Nature, 2021- 2031F |
6.1.3 Philippines Plant-Based Butter Market Revenues & Volume, By Organic, 2021- 2031F |
6.1.4 Philippines Plant-Based Butter Market Revenues & Volume, By Conventional, 2021- 2031F |
6.2 Philippines Plant-Based Butter Market, By Source Of The Product |
6.2.1 Overview and Analysis |
6.2.2 Philippines Plant-Based Butter Market Revenues & Volume, By Nuts, 2021- 2031F |
6.2.3 Philippines Plant-Based Butter Market Revenues & Volume, By Avocados, 2021- 2031F |
6.2.4 Philippines Plant-Based Butter Market Revenues & Volume, By Coconut, 2021- 2031F |
6.2.5 Philippines Plant-Based Butter Market Revenues & Volume, By Olive Oil, 2021- 2031F |
6.2.6 Philippines Plant-Based Butter Market Revenues & Volume, By Canola, 2021- 2031F |
6.2.7 Philippines Plant-Based Butter Market Revenues & Volume, By Palm Fruit, 2021- 2031F |
6.3 Philippines Plant-Based Butter Market, By Distribution Channels |
6.3.1 Overview and Analysis |
6.3.2 Philippines Plant-Based Butter Market Revenues & Volume, By Hypermarkets/supermarkets, 2021- 2031F |
6.3.3 Philippines Plant-Based Butter Market Revenues & Volume, By Convenience Store, 2021- 2031F |
6.3.4 Philippines Plant-Based Butter Market Revenues & Volume, By Specialty Stores, 2021- 2031F |
6.3.5 Philippines Plant-Based Butter Market Revenues & Volume, By Online, 2021- 2031F |
6.3.6 Philippines Plant-Based Butter Market Revenues & Volume, By Others, 2021- 2031F |
7 Philippines Plant-Based Butter Market Import-Export Trade Statistics |
7.1 Philippines Plant-Based Butter Market Export to Major Countries |
7.2 Philippines Plant-Based Butter Market Imports from Major Countries |
8 Philippines Plant-Based Butter Market Key Performance Indicators |
8.1 Percentage growth in the number of plant-based butter brands available in the Philippines |
8.2 Increase in the number of vegan and flexitarian restaurants offering plant-based butter alternatives |
8.3 Surge in social media mentions and engagement related to plant-based butter recipes and products |
9 Philippines Plant-Based Butter Market - Opportunity Assessment |
9.1 Philippines Plant-Based Butter Market Opportunity Assessment, By Nature, 2021 & 2031F |
9.2 Philippines Plant-Based Butter Market Opportunity Assessment, By Source Of The Product, 2021 & 2031F |
9.3 Philippines Plant-Based Butter Market Opportunity Assessment, By Distribution Channels, 2021 & 2031F |
10 Philippines Plant-Based Butter Market - Competitive Landscape |
10.1 Philippines Plant-Based Butter Market Revenue Share, By Companies, 2024 |
10.2 Philippines Plant-Based Butter Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |