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

Name: Philippines Prawn Market (2025-2031) | Trends & Analysis
Creator: 6Wresearch
License: https://www.6wresearch.com/privacy-policy
Keywords: Prawn Market, Philippines Prawn Market, Philippines Prawn Market Revenues, Philippines Prawn Market Share, Philippines Prawn Market Size, Philippines Prawn Market Outlook, Philippines Prawn Market Report, Philippines Prawn Market Competition, Philippines Prawn Market Overview, Philippines Prawn Market Trends, Philippines Prawn Market Forecast

Market Forecast By Species (Penaeus Vannamei, Penaeus Monodon, Macrobrachium Rosenbergii, Others), By Prawn Size (<21, 21-25, 26-30, 31-40, 41-50, 51-60, 61-70, >70) And Competitive Landscape

Product Code: ETC8849583	Publication Date: Sep 2024	Updated Date: Aug 2025	Product Type: Market Research Report
Publisher: 6Wresearch	Author: Shubham Deep	No. of Pages: 75	No. of Figures: 35	No. of Tables: 20

Philippines Prawn Market Overview

The prawn market in the Philippines is expanding due to the countrys strong aquaculture industry and increasing global demand for seafood. Prawn farming contributes significantly to the local economy, with exports playing a vital role. Sustainable aquaculture practices, improved breeding techniques, and government support for the fisheries sector are driving market growth.

Drivers of the market

The increasing demand for seafood, both domestically and internationally, is propelling the prawn market in the Philippines. The country`s rich aquaculture industry, supported by government initiatives and investments in sustainable farming practices, is contributing to the growth of prawn production. The rise of export opportunities, especially to markets in Asia and Europe, is further driving industry expansion. Additionally, innovations in prawn breeding and disease control are enhancing productivity and profitability.

Challenges of the market

The prawn market encounters hurdles such as disease outbreaks, fluctuating export demand, and high production costs. Farmers must invest in biosecurity measures and sustainable farming techniques to maintain profitability.

Investment opportunities in the Market

The seafood industry in the Philippines is experiencing growth, with prawns being a key export product. Investment opportunities lie in sustainable prawn farming, feed technology, and cold-chain logistics. Companies that integrate advanced aquaculture techniques and eco-friendly farming practices can capitalize on domestic and international market demand.

Government Policy of the market

The Department of Agriculture (DA) regulates the prawn market through the Bureau of Fisheries and Aquatic Resources (BFAR), ensuring sustainable aquaculture practices. The government provides subsidies and technical assistance to local prawn farmers to boost production and reduce reliance on imports. Policies enforce strict biosecurity measures to prevent disease outbreaks in prawn farms and ensure food safety compliance for both local consumption and exports.

Key Highlights of the Report:

Philippines Prawn Market Outlook
Market Size of Philippines Prawn Market, 2024
Forecast of Philippines Prawn Market, 2031
Historical Data and Forecast of Philippines Prawn Revenues & Volume for the Period 2021- 2031
Philippines Prawn Market Trend Evolution
Philippines Prawn Market Drivers and Challenges
Philippines Prawn Price Trends
Philippines Prawn Porter's Five Forces
Philippines Prawn Industry Life Cycle
Historical Data and Forecast of Philippines Prawn Market Revenues & Volume By Species for the Period 2021- 2031
Historical Data and Forecast of Philippines Prawn Market Revenues & Volume By Penaeus Vannamei for the Period 2021- 2031
Historical Data and Forecast of Philippines Prawn Market Revenues & Volume By Penaeus Monodon for the Period 2021- 2031
Historical Data and Forecast of Philippines Prawn Market Revenues & Volume By Macrobrachium Rosenbergii for the Period 2021- 2031
Historical Data and Forecast of Philippines Prawn Market Revenues & Volume By Others for the Period 2021- 2031
Historical Data and Forecast of Philippines Prawn Market Revenues & Volume By Prawn Size for the Period 2021- 2031
Historical Data and Forecast of Philippines Prawn Market Revenues & Volume By <21 for the Period 2021- 2031
Historical Data and Forecast of Philippines Prawn Market Revenues & Volume By 21-25 for the Period 2021- 2031
Historical Data and Forecast of Philippines Prawn Market Revenues & Volume By 26-30 for the Period 2021- 2031
Historical Data and Forecast of Philippines Prawn Market Revenues & Volume By 31-40 for the Period 2021- 2031
Historical Data and Forecast of Philippines Prawn Market Revenues & Volume By 41-50 for the Period 2021- 2031
Historical Data and Forecast of Philippines Prawn Market Revenues & Volume By 51-60 for the Period 2021- 2031
Historical Data and Forecast of Philippines Prawn Market Revenues & Volume By 61-70 for the Period 2021- 2031
Historical Data and Forecast of Philippines Prawn Market Revenues & Volume By >70 for the Period 2021- 2031
Philippines Prawn Import Export Trade Statistics
Market Opportunity Assessment By Species
Market Opportunity Assessment By Prawn Size
Philippines Prawn Top Companies Market Share
Philippines Prawn Competitive Benchmarking By Technical and Operational Parameters
Philippines Prawn Company Profiles
Philippines Prawn Key Strategic Recommendations

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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 Prawn Market Overview

3.1 Philippines Country Macro Economic Indicators

3.2 Philippines Prawn Market Revenues & Volume, 2021 & 2031F

3.3 Philippines Prawn Market - Industry Life Cycle

3.4 Philippines Prawn Market - Porter's Five Forces

3.5 Philippines Prawn Market Revenues & Volume Share, By Species, 2021 & 2031F

3.6 Philippines Prawn Market Revenues & Volume Share, By Prawn Size, 2021 & 2031F

4 Philippines Prawn Market Dynamics

4.1 Impact Analysis

4.2 Market Drivers

4.2.1 Increasing demand for seafood and protein-rich diets among consumers in the Philippines

4.2.2 Growth in aquaculture practices and technology advancements in prawn farming

4.2.3 Government support and initiatives to boost the aquaculture industry in the Philippines

4.3 Market Restraints

4.3.1 Fluctuating prices of feed and raw materials affecting production costs

4.3.2 Environmental concerns and sustainability issues related to prawn farming practices

4.3.3 Competition from other seafood products and alternative protein sources

5 Philippines Prawn Market Trends

6 Philippines Prawn Market, By Types

6.1 Philippines Prawn Market, By Species

6.1.1 Overview and Analysis

6.1.2 Philippines Prawn Market Revenues & Volume, By Species, 2021- 2031F

6.1.3 Philippines Prawn Market Revenues & Volume, By Penaeus Vannamei, 2021- 2031F

6.1.4 Philippines Prawn Market Revenues & Volume, By Penaeus Monodon, 2021- 2031F

6.1.5 Philippines Prawn Market Revenues & Volume, By Macrobrachium Rosenbergii, 2021- 2031F

6.1.6 Philippines Prawn Market Revenues & Volume, By Others, 2021- 2031F

6.2 Philippines Prawn Market, By Prawn Size

6.2.1 Overview and Analysis

6.2.2 Philippines Prawn Market Revenues & Volume, By <21, 2021- 2031F

6.2.3 Philippines Prawn Market Revenues & Volume, By 21-25, 2021- 2031F

6.2.4 Philippines Prawn Market Revenues & Volume, By 26-30, 2021- 2031F

6.2.5 Philippines Prawn Market Revenues & Volume, By 31-40, 2021- 2031F

6.2.6 Philippines Prawn Market Revenues & Volume, By 41-50, 2021- 2031F

6.2.7 Philippines Prawn Market Revenues & Volume, By 51-60, 2021- 2031F

6.2.8 Philippines Prawn Market Revenues & Volume, By >70, 2021- 2031F

6.2.9 Philippines Prawn Market Revenues & Volume, By >70, 2021- 2031F

7 Philippines Prawn Market Import-Export Trade Statistics

7.1 Philippines Prawn Market Export to Major Countries

7.2 Philippines Prawn Market Imports from Major Countries

8 Philippines Prawn Market Key Performance Indicators

8.1 Average size and weight of prawns harvested in the Philippines

8.2 Percentage of prawn farms adopting sustainable aquaculture practices

8.3 Investment in research and development for improving prawn farming techniques

8.4 Export volume of prawns from the Philippines

8.5 Adoption rate of technology and innovation in the prawn farming sector

9 Philippines Prawn Market - Opportunity Assessment

9.1 Philippines Prawn Market Opportunity Assessment, By Species, 2021 & 2031F

9.2 Philippines Prawn Market Opportunity Assessment, By Prawn Size, 2021 & 2031F

10 Philippines Prawn Market - Competitive Landscape

10.1 Philippines Prawn Market Revenue Share, By Companies, 2024

10.2 Philippines Prawn Market Competitive Benchmarking, By Operating and Technical Parameters

11 Company Profiles

12 Recommendations

13 Disclaimer

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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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