| Product Code: ETC8849891 | 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 continues to witness a steady growth in propionic acid imports for animal feed, with key exporting countries being China, Netherlands, USA, Canada, and Germany. The market shows moderate concentration with a stable Herfindahl-Hirschman Index (HHI) in 2024. The compound annual growth rate (CAGR) from 2020 to 2024 stands at 4.76%, indicating a consistent upward trend. Moreover, the impressive growth rate of 10.66% from 2023 to 2024 highlights the increasing demand and market potential for propionic acid in the Philippines.

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 for Animal Feed Market Overview |
3.1 Philippines Country Macro Economic Indicators |
3.2 Philippines Propionic Acid for Animal Feed Market Revenues & Volume, 2021 & 2031F |
3.3 Philippines Propionic Acid for Animal Feed Market - Industry Life Cycle |
3.4 Philippines Propionic Acid for Animal Feed Market - Porter's Five Forces |
3.5 Philippines Propionic Acid for Animal Feed Market Revenues & Volume Share, By Grade, 2021 & 2031F |
3.6 Philippines Propionic Acid for Animal Feed Market Revenues & Volume Share, By Process, 2021 & 2031F |
3.7 Philippines Propionic Acid for Animal Feed Market Revenues & Volume Share, By End-User, 2021 & 2031F |
4 Philippines Propionic Acid for Animal Feed Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for meat products, leading to higher demand for animal feed additives like propionic acid. |
4.2.2 Growing awareness among farmers about the benefits of using propionic acid in animal feed for improved animal health and productivity. |
4.2.3 Government initiatives to promote livestock production and improve feed quality in the Philippines. |
4.3 Market Restraints |
4.3.1 Fluctuating prices of raw materials used in propionic acid production, impacting the overall cost of the product. |
4.3.2 Stringent regulations and standards related to the use of additives in animal feed, which may restrict market growth. |
4.3.3 Competition from alternative feed additives or preservatives that may offer similar benefits to propionic acid. |
5 Philippines Propionic Acid for Animal Feed Market Trends |
6 Philippines Propionic Acid for Animal Feed Market, By Types |
6.1 Philippines Propionic Acid for Animal Feed Market, By Grade |
6.1.1 Overview and Analysis |
6.1.2 Philippines Propionic Acid for Animal Feed Market Revenues & Volume, By Grade, 2021- 2031F |
6.1.3 Philippines Propionic Acid for Animal Feed Market Revenues & Volume, By Biotech/Analytical (High Purity), 2021- 2031F |
6.1.4 Philippines Propionic Acid for Animal Feed Market Revenues & Volume, By Technical (Low Purity), 2021- 2031F |
6.2 Philippines Propionic Acid for Animal Feed Market, By Process |
6.2.1 Overview and Analysis |
6.2.2 Philippines Propionic Acid for Animal Feed Market Revenues & Volume, By Oxo Process, 2021- 2031F |
6.2.3 Philippines Propionic Acid for Animal Feed Market Revenues & Volume, By Reppe Process, 2021- 2031F |
6.2.4 Philippines Propionic Acid for Animal Feed Market Revenues & Volume, By By-Product Process, 2021- 2031F |
6.3 Philippines Propionic Acid for Animal Feed Market, By End-User |
6.3.1 Overview and Analysis |
6.3.2 Philippines Propionic Acid for Animal Feed Market Revenues & Volume, By Chemical, 2021- 2031F |
6.3.3 Philippines Propionic Acid for Animal Feed Market Revenues & Volume, By Agriculture, 2021- 2031F |
6.3.4 Philippines Propionic Acid for Animal Feed Market Revenues & Volume, By Healthcare, 2021- 2031F |
6.3.5 Philippines Propionic Acid for Animal Feed Market Revenues & Volume, By Personal Care, 2021- 2031F |
6.3.6 Philippines Propionic Acid for Animal Feed Market Revenues & Volume, By Food and Beverages, 2021- 2031F |
7 Philippines Propionic Acid for Animal Feed Market Import-Export Trade Statistics |
7.1 Philippines Propionic Acid for Animal Feed Market Export to Major Countries |
7.2 Philippines Propionic Acid for Animal Feed Market Imports from Major Countries |
8 Philippines Propionic Acid for Animal Feed Market Key Performance Indicators |
8.1 Percentage increase in the adoption of propionic acid in animal feed formulations. |
8.2 Number of research studies or trials showcasing the efficacy of propionic acid in improving animal health and productivity. |
8.3 Percentage growth in the number of livestock farms or feed manufacturers using propionic acid as a feed additive. |
9 Philippines Propionic Acid for Animal Feed Market - Opportunity Assessment |
9.1 Philippines Propionic Acid for Animal Feed Market Opportunity Assessment, By Grade, 2021 & 2031F |
9.2 Philippines Propionic Acid for Animal Feed Market Opportunity Assessment, By Process, 2021 & 2031F |
9.3 Philippines Propionic Acid for Animal Feed Market Opportunity Assessment, By End-User, 2021 & 2031F |
10 Philippines Propionic Acid for Animal Feed Market - Competitive Landscape |
10.1 Philippines Propionic Acid for Animal Feed Market Revenue Share, By Companies, 2024 |
10.2 Philippines Propionic Acid for Animal Feed Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |