| Product Code: ETC8848925 | 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 spreads import market continued its strong growth trajectory in 2024, with top exporters such as Singapore, Australia, Malaysia, Metropolitan France, and Indonesia leading the way. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market, while the impressive compound annual growth rate (CAGR) of 20.3% from 2020 to 2024 demonstrates sustained demand. The growth rate spike of 20.67% from 2023 to 2024 signals increasing interest in plant-based spreads among Filipino consumers, making it a lucrative market for exporters to target in the coming years.

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 Spreads Market Overview |
3.1 Philippines Country Macro Economic Indicators |
3.2 Philippines Plant-based Spreads Market Revenues & Volume, 2021 & 2031F |
3.3 Philippines Plant-based Spreads Market - Industry Life Cycle |
3.4 Philippines Plant-based Spreads Market - Porter's Five Forces |
3.5 Philippines Plant-based Spreads Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Philippines Plant-based Spreads Market Revenues & Volume Share, By Source, 2021 & 2031F |
3.7 Philippines Plant-based Spreads Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 Philippines Plant-based Spreads Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing health consciousness among consumers |
4.2.2 Growing awareness about the environmental impact of animal-based products |
4.2.3 Rise in vegan and vegetarian population in the Philippines |
4.3 Market Restraints |
4.3.1 Limited availability and high cost of plant-based spreads compared to traditional spreads |
4.3.2 Lack of widespread distribution channels for plant-based spreads |
4.3.3 Consumer perception of plant-based spreads as inferior in taste or quality |
5 Philippines Plant-based Spreads Market Trends |
6 Philippines Plant-based Spreads Market, By Types |
6.1 Philippines Plant-based Spreads Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Philippines Plant-based Spreads Market Revenues & Volume, By Type, 2021- 2031F |
6.1.3 Philippines Plant-based Spreads Market Revenues & Volume, By Lard, 2021- 2031F |
6.1.4 Philippines Plant-based Spreads Market Revenues & Volume, By Margarine, 2021- 2031F |
6.1.5 Philippines Plant-based Spreads Market Revenues & Volume, By Nut Butters, 2021- 2031F |
6.1.6 Philippines Plant-based Spreads Market Revenues & Volume, By Legume-based spreads, 2021- 2031F |
6.1.7 Philippines Plant-based Spreads Market Revenues & Volume, By Veggie Pts, 2021- 2031F |
6.1.8 Philippines Plant-based Spreads Market Revenues & Volume, By Pestos, 2021- 2031F |
6.2 Philippines Plant-based Spreads Market, By Source |
6.2.1 Overview and Analysis |
6.2.2 Philippines Plant-based Spreads Market Revenues & Volume, By Pulses, 2021- 2031F |
6.2.3 Philippines Plant-based Spreads Market Revenues & Volume, By Vegetable Oils, 2021- 2031F |
6.2.4 Philippines Plant-based Spreads Market Revenues & Volume, By Nuts, 2021- 2031F |
6.2.5 Philippines Plant-based Spreads Market Revenues & Volume, By Seeds, 2021- 2031F |
6.2.6 Philippines Plant-based Spreads Market Revenues & Volume, By Grains, 2021- 2031F |
6.3 Philippines Plant-based Spreads Market, By Distribution Channel |
6.3.1 Overview and Analysis |
6.3.2 Philippines Plant-based Spreads Market Revenues & Volume, By Hypermarket and Supermarket, 2021- 2031F |
6.3.3 Philippines Plant-based Spreads Market Revenues & Volume, By Convenience Store, 2021- 2031F |
6.3.4 Philippines Plant-based Spreads Market Revenues & Volume, By Specialty Store, 2021- 2031F |
6.3.5 Philippines Plant-based Spreads Market Revenues & Volume, By Online Channe, 2021- 2031F |
7 Philippines Plant-based Spreads Market Import-Export Trade Statistics |
7.1 Philippines Plant-based Spreads Market Export to Major Countries |
7.2 Philippines Plant-based Spreads Market Imports from Major Countries |
8 Philippines Plant-based Spreads Market Key Performance Indicators |
8.1 Number of new plant-based spread product launches in the market |
8.2 Growth in the number of retail outlets carrying plant-based spreads |
8.3 Increase in online searches for plant-based spread recipes |
8.4 Number of partnerships between plant-based spread manufacturers and local food establishments |
8.5 Percentage of consumers willing to pay a premium for sustainable and healthy food options |
9 Philippines Plant-based Spreads Market - Opportunity Assessment |
9.1 Philippines Plant-based Spreads Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Philippines Plant-based Spreads Market Opportunity Assessment, By Source, 2021 & 2031F |
9.3 Philippines Plant-based Spreads Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 Philippines Plant-based Spreads Market - Competitive Landscape |
10.1 Philippines Plant-based Spreads Market Revenue Share, By Companies, 2024 |
10.2 Philippines Plant-based Spreads 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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