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

Market Forecast By Type (Sunflower Oil, Palm Oil, Cottonseed Oil, Soybean Oil, Rapeseed Oil, Coconut Oil, Others), By Application (Food and Beverages, Animal Feed, Biofuel, Industrial, Others) And Competitive Landscape
Product Code: ETC8848910 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

Philippines Plant Based Oils Market Top 5 Importing Countries and Market Competition (HHI) Analysis

The plant-based oils import market in the Philippines continued to show strong growth in 2024, with Spain, China, Turkey, USA, and Brazil emerging as the top exporting countries. Despite a decrease in the Herfindahl-Hirschman Index (HHI) from very high concentration in 2023 to high concentration in 2024, the market remained competitive. The impressive compound annual growth rate (CAGR) of 23.01% from 2020 to 2024 reflects the increasing demand for plant-based oils in the Philippines. Moreover, the substantial growth rate of 53.17% from 2023 to 2024 indicates a significant acceleration in market expansion.

Philippines Plant Based Oils Market Top 5 Importing Countries and Market Competition (HHI) Analysis

Key Highlights of the Report:

  • Philippines Plant-Based Oils Market Outlook
  • Market Size of Philippines Plant-Based Oils Market, 2024
  • Forecast of Philippines Plant-Based Oils Market, 2031
  • Historical Data and Forecast of Philippines Plant-Based Oils Revenues & Volume for the Period 2021- 2031
  • Philippines Plant-Based Oils Market Trend Evolution
  • Philippines Plant-Based Oils Market Drivers and Challenges
  • Philippines Plant-Based Oils Price Trends
  • Philippines Plant-Based Oils Porter's Five Forces
  • Philippines Plant-Based Oils Industry Life Cycle
  • Historical Data and Forecast of Philippines Plant-Based Oils Market Revenues & Volume By Type for the Period 2021- 2031
  • Historical Data and Forecast of Philippines Plant-Based Oils Market Revenues & Volume By Sunflower Oil for the Period 2021- 2031
  • Historical Data and Forecast of Philippines Plant-Based Oils Market Revenues & Volume By Palm Oil for the Period 2021- 2031
  • Historical Data and Forecast of Philippines Plant-Based Oils Market Revenues & Volume By Cottonseed Oil for the Period 2021- 2031
  • Historical Data and Forecast of Philippines Plant-Based Oils Market Revenues & Volume By Soybean Oil for the Period 2021- 2031
  • Historical Data and Forecast of Philippines Plant-Based Oils Market Revenues & Volume By Rapeseed Oil for the Period 2021- 2031
  • Historical Data and Forecast of Philippines Plant-Based Oils Market Revenues & Volume By Coconut Oil for the Period 2021- 2031
  • Historical Data and Forecast of Philippines Plant-Based Oils Market Revenues & Volume By Others for the Period 2021- 2031
  • Historical Data and Forecast of Philippines Plant-Based Oils Market Revenues & Volume By Application for the Period 2021- 2031
  • Historical Data and Forecast of Philippines Plant-Based Oils Market Revenues & Volume By Food and Beverages for the Period 2021- 2031
  • Historical Data and Forecast of Philippines Plant-Based Oils Market Revenues & Volume By Animal Feed for the Period 2021- 2031
  • Historical Data and Forecast of Philippines Plant-Based Oils Market Revenues & Volume By Biofuel for the Period 2021- 2031
  • Historical Data and Forecast of Philippines Plant-Based Oils Market Revenues & Volume By Industrial for the Period 2021- 2031
  • Historical Data and Forecast of Philippines Plant-Based Oils Market Revenues & Volume By Others for the Period 2021- 2031
  • Philippines Plant-Based Oils Import Export Trade Statistics
  • Market Opportunity Assessment By Type
  • Market Opportunity Assessment By Application
  • Philippines Plant-Based Oils Top Companies Market Share
  • Philippines Plant-Based Oils Competitive Benchmarking By Technical and Operational Parameters
  • Philippines Plant-Based Oils Company Profiles
  • Philippines Plant-Based Oils Key Strategic Recommendations

Frequently Asked Questions About the Market Study (FAQs):

6Wresearch actively monitors the Philippines Plant-Based Oils Market and publishes its comprehensive annual report, highlighting emerging trends, growth drivers, revenue analysis, and forecast outlook. Our insights help businesses to make data-backed strategic decisions with ongoing market dynamics. Our analysts track relevent industries related to the Philippines Plant-Based Oils Market, allowing our clients with actionable intelligence and reliable forecasts tailored to emerging regional needs.
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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 Plant-Based Oils Market Overview

3.1 Philippines Country Macro Economic Indicators

3.2 Philippines Plant-Based Oils Market Revenues & Volume, 2021 & 2031F

3.3 Philippines Plant-Based Oils Market - Industry Life Cycle

3.4 Philippines Plant-Based Oils Market - Porter's Five Forces

3.5 Philippines Plant-Based Oils Market Revenues & Volume Share, By Type, 2021 & 2031F

3.6 Philippines Plant-Based Oils Market Revenues & Volume Share, By Application, 2021 & 2031F

4 Philippines Plant-Based Oils Market Dynamics

4.1 Impact Analysis

4.2 Market Drivers

4.3 Market Restraints

5 Philippines Plant-Based Oils Market Trends

6 Philippines Plant-Based Oils Market, By Types

6.1 Philippines Plant-Based Oils Market, By Type

6.1.1 Overview and Analysis

6.1.2 Philippines Plant-Based Oils Market Revenues & Volume, By Type, 2021- 2031F

6.1.3 Philippines Plant-Based Oils Market Revenues & Volume, By Sunflower Oil, 2021- 2031F

6.1.4 Philippines Plant-Based Oils Market Revenues & Volume, By Palm Oil, 2021- 2031F

6.1.5 Philippines Plant-Based Oils Market Revenues & Volume, By Cottonseed Oil, 2021- 2031F

6.1.6 Philippines Plant-Based Oils Market Revenues & Volume, By Soybean Oil, 2021- 2031F

6.1.7 Philippines Plant-Based Oils Market Revenues & Volume, By Rapeseed Oil, 2021- 2031F

6.1.8 Philippines Plant-Based Oils Market Revenues & Volume, By Coconut Oil, 2021- 2031F

6.2 Philippines Plant-Based Oils Market, By Application

6.2.1 Overview and Analysis

6.2.2 Philippines Plant-Based Oils Market Revenues & Volume, By Food and Beverages, 2021- 2031F

6.2.3 Philippines Plant-Based Oils Market Revenues & Volume, By Animal Feed, 2021- 2031F

6.2.4 Philippines Plant-Based Oils Market Revenues & Volume, By Biofuel, 2021- 2031F

6.2.5 Philippines Plant-Based Oils Market Revenues & Volume, By Industrial, 2021- 2031F

6.2.6 Philippines Plant-Based Oils Market Revenues & Volume, By Others, 2021- 2031F

7 Philippines Plant-Based Oils Market Import-Export Trade Statistics

7.1 Philippines Plant-Based Oils Market Export to Major Countries

7.2 Philippines Plant-Based Oils Market Imports from Major Countries

8 Philippines Plant-Based Oils Market Key Performance Indicators

9 Philippines Plant-Based Oils Market - Opportunity Assessment

9.1 Philippines Plant-Based Oils Market Opportunity Assessment, By Type, 2021 & 2031F

9.2 Philippines Plant-Based Oils Market Opportunity Assessment, By Application, 2021 & 2031F

10 Philippines Plant-Based Oils Market - Competitive Landscape

10.1 Philippines Plant-Based Oils Market Revenue Share, By Companies, 2024

10.2 Philippines Plant-Based Oils Market Competitive Benchmarking, By Operating and Technical Parameters

11 Company Profiles

12 Recommendations

13 Disclaimer

Export potential assessment - trade Analytics for 2030

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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