| Product Code: ETC8851137 | 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` import shipments of seaweed extracts biostimulants experienced significant growth in 2024, with the top exporting countries being the USA, India, China, Germany, and Hong Kong. The Herfindahl-Hirschman Index (HHI) indicated a very high concentration of imports in 2024 compared to 2023. With a remarkable Compound Annual Growth Rate (CAGR) of 58.32% from 2020 to 2024 and a staggering growth rate of 168.44% from 2023 to 2024, the market for seaweed extracts biostimulants in the Philippines is showing strong momentum and attracting attention from key global players.

The demand for seaweed extract-based biostimulants in the Philippines is rising as farmers seek organic solutions to enhance crop growth and soil health. These biostimulants improve nutrient uptake and stress tolerance in plants. However, limited awareness and higher costs compared to chemical fertilizers slow market penetration.
The seaweed extracts biostimulant market in the Philippines is growing as farmers seek eco-friendly agricultural solutions. These biostimulants enhance plant growth, improve soil health, and increase crop resilience to stress. The organic farming movement is further boosting market demand. However, limited awareness among farmers and high product costs may slow adoption.
The seaweed extracts biostimulant market in the Philippines struggles with limited awareness among farmers regarding its benefits for crop yield and soil health. The high cost of biostimulants compared to conventional fertilizers makes adoption slow. Additionally, regulatory uncertainties and the need for further research on product effectiveness create barriers for widespread market acceptance.
The increasing adoption of organic farming practices is boosting demand for seaweed extract biostimulants. Investment opportunities exist in research and development of high-efficiency, organic, and nutrient-rich biostimulants for agriculture. Companies that focus on sustainability and offer eco-friendly alternatives to synthetic fertilizers will gain traction in the market.
The DA regulates the production and distribution of seaweed-based biostimulants to support sustainable agriculture. The government offers grants and subsidies to farmers adopting biostimulants as an alternative to chemical fertilizers. Regulatory policies ensure that these products meet efficacy and safety standards before being approved for agricultural use.
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 Seaweed Extracts Biostimulant Market Overview |
3.1 Philippines Country Macro Economic Indicators |
3.2 Philippines Seaweed Extracts Biostimulant Market Revenues & Volume, 2021 & 2031F |
3.3 Philippines Seaweed Extracts Biostimulant Market - Industry Life Cycle |
3.4 Philippines Seaweed Extracts Biostimulant Market - Porter's Five Forces |
3.5 Philippines Seaweed Extracts Biostimulant Market Revenues & Volume Share, By Species, 2021 & 2031F |
3.6 Philippines Seaweed Extracts Biostimulant Market Revenues & Volume Share, By Crop Type, 2021 & 2031F |
3.7 Philippines Seaweed Extracts Biostimulant Market Revenues & Volume Share, By Application Method, 2021 & 2031F |
3.8 Philippines Seaweed Extracts Biostimulant Market Revenues & Volume Share, By Form, 2021 & 2031F |
3.9 Philippines Seaweed Extracts Biostimulant Market Revenues & Volume Share, By End User, 2021 & 2031F |
3.10 Philippines Seaweed Extracts Biostimulant Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 Philippines Seaweed Extracts Biostimulant Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing demand for organic and sustainable agricultural practices |
4.2.2 Increasing awareness about the benefits of seaweed extracts as biostimulants |
4.2.3 Favorable government regulations promoting the use of biostimulants in agriculture |
4.3 Market Restraints |
4.3.1 Limited availability of high-quality seaweed sources for extraction |
4.3.2 Lack of awareness among farmers about the effectiveness of seaweed extracts as biostimulants |
4.3.3 Price volatility of seaweed extracts impacting product affordability |
5 Philippines Seaweed Extracts Biostimulant Market Trends |
6 Philippines Seaweed Extracts Biostimulant Market, By Types |
6.1 Philippines Seaweed Extracts Biostimulant Market, By Species |
6.1.1 Overview and Analysis |
6.1.2 Philippines Seaweed Extracts Biostimulant Market Revenues & Volume, By Species, 2021- 2031F |
6.1.3 Philippines Seaweed Extracts Biostimulant Market Revenues & Volume, By Brown Algae, 2021- 2031F |
6.1.4 Philippines Seaweed Extracts Biostimulant Market Revenues & Volume, By Red Algae, 2021- 2031F |
6.1.5 Philippines Seaweed Extracts Biostimulant Market Revenues & Volume, By Green Algae, 2021- 2031F |
6.2 Philippines Seaweed Extracts Biostimulant Market, By Crop Type |
6.2.1 Overview and Analysis |
6.2.2 Philippines Seaweed Extracts Biostimulant Market Revenues & Volume, By Fruits & Vegetables, 2021- 2031F |
6.2.3 Philippines Seaweed Extracts Biostimulant Market Revenues & Volume, By Cereals & Grains, 2021- 2031F |
6.2.4 Philippines Seaweed Extracts Biostimulant Market Revenues & Volume, By Oilseeds & Pulses, 2021- 2031F |
6.2.5 Philippines Seaweed Extracts Biostimulant Market Revenues & Volume, By Turf & Ornamentals, 2021- 2031F |
6.2.6 Philippines Seaweed Extracts Biostimulant Market Revenues & Volume, By Others, 2021- 2031F |
6.3 Philippines Seaweed Extracts Biostimulant Market, By Application Method |
6.3.1 Overview and Analysis |
6.3.2 Philippines Seaweed Extracts Biostimulant Market Revenues & Volume, By Foliar Treatment, 2021- 2031F |
6.3.3 Philippines Seaweed Extracts Biostimulant Market Revenues & Volume, By Soil Treatment, 2021- 2031F |
6.3.4 Philippines Seaweed Extracts Biostimulant Market Revenues & Volume, By Seed Treatment, 2021- 2031F |
6.4 Philippines Seaweed Extracts Biostimulant Market, By Form |
6.4.1 Overview and Analysis |
6.4.2 Philippines Seaweed Extracts Biostimulant Market Revenues & Volume, By Liquid, 2021- 2031F |
6.4.3 Philippines Seaweed Extracts Biostimulant Market Revenues & Volume, By Dry, 2021- 2031F |
6.5 Philippines Seaweed Extracts Biostimulant Market, By End User |
6.5.1 Overview and Analysis |
6.5.2 Philippines Seaweed Extracts Biostimulant Market Revenues & Volume, By Farmers, 2021- 2031F |
6.5.3 Philippines Seaweed Extracts Biostimulant Market Revenues & Volume, By Related Industries, 2021- 2031F |
6.5.4 Philippines Seaweed Extracts Biostimulant Market Revenues & Volume, By Research Institutes, 2021- 2031F |
6.5.5 Philippines Seaweed Extracts Biostimulant Market Revenues & Volume, By Others, 2021- 2031F |
6.6 Philippines Seaweed Extracts Biostimulant Market, By Distribution Channel |
6.6.1 Overview and Analysis |
6.6.2 Philippines Seaweed Extracts Biostimulant Market Revenues & Volume, By Direct, 2021- 2031F |
6.6.3 Philippines Seaweed Extracts Biostimulant Market Revenues & Volume, By Indirect, 2021- 2031F |
7 Philippines Seaweed Extracts Biostimulant Market Import-Export Trade Statistics |
7.1 Philippines Seaweed Extracts Biostimulant Market Export to Major Countries |
7.2 Philippines Seaweed Extracts Biostimulant Market Imports from Major Countries |
8 Philippines Seaweed Extracts Biostimulant Market Key Performance Indicators |
8.1 Adoption rate of seaweed extract biostimulants by farmers |
8.2 Number of research studies or trials showcasing the efficacy of seaweed extracts in agriculture |
8.3 Investment in RD for developing new seaweed extract biostimulant products |
8.4 Number of partnerships or collaborations between seaweed extract suppliers and agriculture industry players |
9 Philippines Seaweed Extracts Biostimulant Market - Opportunity Assessment |
9.1 Philippines Seaweed Extracts Biostimulant Market Opportunity Assessment, By Species, 2021 & 2031F |
9.2 Philippines Seaweed Extracts Biostimulant Market Opportunity Assessment, By Crop Type, 2021 & 2031F |
9.3 Philippines Seaweed Extracts Biostimulant Market Opportunity Assessment, By Application Method, 2021 & 2031F |
9.4 Philippines Seaweed Extracts Biostimulant Market Opportunity Assessment, By Form, 2021 & 2031F |
9.5 Philippines Seaweed Extracts Biostimulant Market Opportunity Assessment, By End User, 2021 & 2031F |
9.6 Philippines Seaweed Extracts Biostimulant Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 Philippines Seaweed Extracts Biostimulant Market - Competitive Landscape |
10.1 Philippines Seaweed Extracts Biostimulant Market Revenue Share, By Companies, 2024 |
10.2 Philippines Seaweed Extracts Biostimulant Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |