| Product Code: ETC8849890 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Dhaval Chaurasia | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
The Philippines saw a steady increase in propionic acid and derivatives import shipments in 2024, with top exporting countries being China, Netherlands, USA, Canada, and Germany. The market exhibited a moderate concentration, as indicated by the Herfindahl-Hirschman Index (HHI). The compound annual growth rate (CAGR) from 2020 to 2024 was 4.76%, with a notable growth rate of 10.66% from 2023 to 2024. This growth trend suggests a sustained demand for propionic acid and derivatives in the Philippines, driven by various factors such as industrial applications and consumer preferences.

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 Propionic Acid and Derivatives Market Overview |
3.1 Philippines Country Macro Economic Indicators |
3.2 Philippines Propionic Acid and Derivatives Market Revenues & Volume, 2021 & 2031F |
3.3 Philippines Propionic Acid and Derivatives Market - Industry Life Cycle |
3.4 Philippines Propionic Acid and Derivatives Market - Porter's Five Forces |
3.5 Philippines Propionic Acid and Derivatives Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.6 Philippines Propionic Acid and Derivatives Market Revenues & Volume Share, By Grade, 2021 & 2031F |
3.7 Philippines Propionic Acid and Derivatives Market Revenues & Volume Share, By Form, 2021 & 2031F |
3.8 Philippines Propionic Acid and Derivatives Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.9 Philippines Propionic Acid and Derivatives Market Revenues & Volume Share, By Source, 2021 & 2031F |
3.10 Philippines Propionic Acid and Derivatives Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Philippines Propionic Acid and Derivatives Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for food preservatives due to rising awareness about food safety and hygiene |
4.2.2 Growth in the agriculture sector leading to higher demand for propionic acid as a preservative in animal feed |
4.2.3 Shift towards organic acids as alternatives to synthetic preservatives due to health and environmental concerns |
4.3 Market Restraints |
4.3.1 Fluctuations in raw material prices impacting production costs |
4.3.2 Stringent regulations on the usage of propionic acid in food and feed applications |
4.3.3 Competition from other preservatives and organic acids in the market |
5 Philippines Propionic Acid and Derivatives Market Trends |
6 Philippines Propionic Acid and Derivatives Market, By Types |
6.1 Philippines Propionic Acid and Derivatives Market, By Product |
6.1.1 Overview and Analysis |
6.1.2 Philippines Propionic Acid and Derivatives Market Revenues & Volume, By Product, 2021- 2031F |
6.1.3 Philippines Propionic Acid and Derivatives Market Revenues & Volume, By Propionic AcidDerivatives, 2021- 2031F |
6.2 Philippines Propionic Acid and Derivatives Market, By Grade |
6.2.1 Overview and Analysis |
6.2.2 Philippines Propionic Acid and Derivatives Market Revenues & Volume, By Industrial Grade/Technical Grade, 2021- 2031F |
6.2.3 Philippines Propionic Acid and Derivatives Market Revenues & Volume, By Food Grade, 2021- 2031F |
6.2.4 Philippines Propionic Acid and Derivatives Market Revenues & Volume, By Feed Grade, 2021- 2031F |
6.2.5 Philippines Propionic Acid and Derivatives Market Revenues & Volume, By Pharma Grade, 2021- 2031F |
6.3 Philippines Propionic Acid and Derivatives Market, By Form |
6.3.1 Overview and Analysis |
6.3.2 Philippines Propionic Acid and Derivatives Market Revenues & Volume, By Dry, 2021- 2031F |
6.3.3 Philippines Propionic Acid and Derivatives Market Revenues & Volume, By Liquid, 2021- 2031F |
6.4 Philippines Propionic Acid and Derivatives Market, By Type |
6.4.1 Overview and Analysis |
6.4.2 Philippines Propionic Acid and Derivatives Market Revenues & Volume, By Encapsulated, 2021- 2031F |
6.4.3 Philippines Propionic Acid and Derivatives Market Revenues & Volume, By Non-Encapsulated, 2021- 2031F |
6.5 Philippines Propionic Acid and Derivatives Market, By Source |
6.5.1 Overview and Analysis |
6.5.2 Philippines Propionic Acid and Derivatives Market Revenues & Volume, By Natural, 2021- 2031F |
6.5.3 Philippines Propionic Acid and Derivatives Market Revenues & Volume, By Synthetic, 2021- 2031F |
6.6 Philippines Propionic Acid and Derivatives Market, By Application |
6.6.1 Overview and Analysis |
6.6.2 Philippines Propionic Acid and Derivatives Market Revenues & Volume, By Food & Beverage, 2021- 2031F |
6.6.3 Philippines Propionic Acid and Derivatives Market Revenues & Volume, By Feed, 2021- 2031F |
6.6.4 Philippines Propionic Acid and Derivatives Market Revenues & Volume, By Pharmaceuticals, 2021- 2031F |
6.6.5 Philippines Propionic Acid and Derivatives Market Revenues & Volume, By Cosmetics, 2021- 2031F |
6.6.6 Philippines Propionic Acid and Derivatives Market Revenues & Volume, By Home & Personal Care, 2021- 2031F |
6.6.7 Philippines Propionic Acid and Derivatives Market Revenues & Volume, By Agriculture, 2021- 2031F |
7 Philippines Propionic Acid and Derivatives Market Import-Export Trade Statistics |
7.1 Philippines Propionic Acid and Derivatives Market Export to Major Countries |
7.2 Philippines Propionic Acid and Derivatives Market Imports from Major Countries |
8 Philippines Propionic Acid and Derivatives Market Key Performance Indicators |
8.1 Percentage of market share held by propionic acid and derivatives compared to other preservatives |
8.2 Number of new product launches using propionic acid as a preservative |
8.3 Growth rate of the agriculture sector and its impact on propionic acid demand |
9 Philippines Propionic Acid and Derivatives Market - Opportunity Assessment |
9.1 Philippines Propionic Acid and Derivatives Market Opportunity Assessment, By Product, 2021 & 2031F |
9.2 Philippines Propionic Acid and Derivatives Market Opportunity Assessment, By Grade, 2021 & 2031F |
9.3 Philippines Propionic Acid and Derivatives Market Opportunity Assessment, By Form, 2021 & 2031F |
9.4 Philippines Propionic Acid and Derivatives Market Opportunity Assessment, By Type, 2021 & 2031F |
9.5 Philippines Propionic Acid and Derivatives Market Opportunity Assessment, By Source, 2021 & 2031F |
9.6 Philippines Propionic Acid and Derivatives Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Philippines Propionic Acid and Derivatives Market - Competitive Landscape |
10.1 Philippines Propionic Acid and Derivatives Market Revenue Share, By Companies, 2024 |
10.2 Philippines Propionic Acid and Derivatives 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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