Product Code: ETC126278 | Publication Date: Jul 2023 | Updated Date: Feb 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
The Philippines smoked eel market is expected to exhibit a steady growth in the forecast period of 2025-2031, with an estimated CAGR of 2.9%. The growth can be attributed to increasing demand for smoked eel from local consumers as well as tourists. Additionally, changing lifestyles and the growing popularity of seafood are providing ample opportunities for the market???s development
A key factor driving the growth of this market is its affordability compared to other types of seafood. Moreover, increasing awareness about health benefits associated with consuming fish has also resulted in an increased demand for smoked eel products in both rural and urban areas. Furthermore, rising disposable income levels as well consumer preference towards convenience foods are likely to fuel the sales over coming years
Despite having numerous advantages such as high nutritional value and affordability, certain challenges may impede its usage among Filipinos including lack of knowledge about preparation techniques or availability at retail outlets which could hamper overall sales figures in near future. Moreover, stringent regulations related to processing methods may also limit potential investments into this sector thus impacting long term prospects adversely
The key players operating within this segment include Kaviari Sdn Bhd., Balinsasayaw Seafood Corporation (BSC), High Seas Fisheries Corporation (HSFC) , Deep Sea Fishing Ventures Inc., Oceanic Resources Management Group Inc., Blue Ocean Tuna Products & Trading Corp., Pescaventures International Ltd and others . These entities have been actively investing on new product launches along with expanding overseas presence so as remain competitive across globe
The outbreak COVID 19 pandemic has had a significant impact across global trade activities due limited transportation options between countries which led decline export volumes during 2025 . Further restrictions on international travel due quarantine protocols have further aggravated situation by hindering tourism activities thereby decreasing consumption rate significantly thus leading drop revenues generated from exports
Philippines Smoked Eel |
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 Smoked Eel Market Overview |
3.1 Philippines Country Macro Economic Indicators |
3.2 Philippines Smoked Eel Market Revenues & Volume, 2021 & 2031F |
3.3 Philippines Smoked Eel Market - Industry Life Cycle |
3.4 Philippines Smoked Eel Market - Porter's Five Forces |
3.5 Philippines Smoked Eel Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Philippines Smoked Eel Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 Philippines Smoked Eel Market Revenues & Volume Share, By Sales Channel, 2021 & 2031F |
4 Philippines Smoked Eel Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Philippines Smoked Eel Market Trends |
6 Philippines Smoked Eel Market, By Types |
6.1 Philippines Smoked Eel Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Philippines Smoked Eel Market Revenues & Volume, By Type, 2021-2031F |
6.1.3 Philippines Smoked Eel Market Revenues & Volume, By Hot-smoke, 2021-2031F |
6.1.4 Philippines Smoked Eel Market Revenues & Volume, By Cold-smoke, 2021-2031F |
6.2 Philippines Smoked Eel Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Philippines Smoked Eel Market Revenues & Volume, By Catering industry, 2021-2031F |
6.2.3 Philippines Smoked Eel Market Revenues & Volume, By Retail, 2021-2031F |
6.3 Philippines Smoked Eel Market, By Sales Channel |
6.3.1 Overview and Analysis |
6.3.2 Philippines Smoked Eel Market Revenues & Volume, By Online Sales Channel, 2021-2031F |
6.3.3 Philippines Smoked Eel Market Revenues & Volume, By Offline Sales Channel, 2021-2031F |
7 Philippines Smoked Eel Market Import-Export Trade Statistics |
7.1 Philippines Smoked Eel Market Export to Major Countries |
7.2 Philippines Smoked Eel Market Imports from Major Countries |
8 Philippines Smoked Eel Market Key Performance Indicators |
9 Philippines Smoked Eel Market - Opportunity Assessment |
9.1 Philippines Smoked Eel Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Philippines Smoked Eel Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 Philippines Smoked Eel Market Opportunity Assessment, By Sales Channel, 2021 & 2031F |
10 Philippines Smoked Eel Market - Competitive Landscape |
10.1 Philippines Smoked Eel Market Revenue Share, By Companies, 2024 |
10.2 Philippines Smoked Eel Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |