| Product Code: ETC4549830 | Publication Date: Jul 2023 | Updated Date: Nov 2025 | Product Type: Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 85 | No. of Figures: 45 | No. of Tables: 25 |
Despite a slight decline in CAGR from 2020-2024, the Philippines experienced a notable growth rate of 13.11% in soy protein ingredients imports in 2024. Top exporting countries such as Malaysia, USA, Indonesia, Thailand, and China contributed to this growth, showcasing a diverse import market. With a low Herfindahl-Hirschman Index indicating low concentration, the Philippines` soy protein ingredient import market remains competitive and open to various suppliers, fostering a dynamic and evolving industry landscape.

The soy protein ingredients market in the Philippines is closely related to the soybean derivatives market. Soy protein isolates, concentrates, and textured soy protein are widely used in the food industry for their nutritional value and functional proper
The Philippines Soy Protein Ingredients Market is experiencing a surge in demand due to several factors. Firstly, the rise of health-conscious consumers is pushing the demand for protein-rich, plant-based products, and soy protein ingredients are well-pos
The Philippines Soy Protein Ingredients market faces challenges related to competition with alternative protein sources. While soy protein is a well-established source of plant-based protein, it competes with other emerging options, such as pea and rice p
Soy protein ingredients, commonly used in plant-based foods, could have benefited from the growing popularity of plant-based diets and products.
The soy protein ingredients market in the Philippines features several prominent players that contribute to the increasing demand for plant-based protein products. San Miguel Corporation, a diversified conglomerate, has a significant presence in this mark
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 Soy Protein Ingredients Market Overview |
3.1 Philippines Country Macro Economic Indicators |
3.2 Philippines Soy Protein Ingredients Market Revenues & Volume, 2021 & 2031F |
3.3 Philippines Soy Protein Ingredients Market - Industry Life Cycle |
3.4 Philippines Soy Protein Ingredients Market - Porter's Five Forces |
3.5 Philippines Soy Protein Ingredients Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Philippines Soy Protein Ingredients Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 Philippines Soy Protein Ingredients Market Revenues & Volume Share, By Form, 2021 & 2031F |
3.8 Philippines Soy Protein Ingredients Market Revenues & Volume Share, By Function, 2021 & 2031F |
3.9 Philippines Soy Protein Ingredients Market Revenues & Volume Share, By Nature, 2021 & 2031F |
4 Philippines Soy Protein Ingredients Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing consumer awareness about the health benefits of soy protein ingredients |
4.2.2 Growing demand for plant-based protein products in the Philippines |
4.2.3 Rising prevalence of lifestyle diseases driving the need for healthier food options |
4.3 Market Restraints |
4.3.1 Limited availability of locally sourced soybeans for ingredient production |
4.3.2 High competition from other plant-based protein sources in the market |
4.3.3 Price volatility of soybeans impacting the cost of soy protein ingredients |
5 Philippines Soy Protein Ingredients Market Trends |
6 Philippines Soy Protein Ingredients Market, By Types |
6.1 Philippines Soy Protein Ingredients Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Philippines Soy Protein Ingredients Market Revenues & Volume, By Type, 2021-2031F |
6.1.3 Philippines Soy Protein Ingredients Market Revenues & Volume, By Soy Protein Concentrates, 2021-2031F |
6.1.4 Philippines Soy Protein Ingredients Market Revenues & Volume, By Soy Protein Isolates, 2021-2031F |
6.1.5 Philippines Soy Protein Ingredients Market Revenues & Volume, By Textured Soy Protein, 2021-2031F |
6.1.6 Philippines Soy Protein Ingredients Market Revenues & Volume, By Soy Flours, 2021-2031F |
6.2 Philippines Soy Protein Ingredients Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Philippines Soy Protein Ingredients Market Revenues & Volume, By Food , 2021-2031F |
6.2.3 Philippines Soy Protein Ingredients Market Revenues & Volume, By Feed, 2021-2031F |
6.3 Philippines Soy Protein Ingredients Market, By Form |
6.3.1 Overview and Analysis |
6.3.2 Philippines Soy Protein Ingredients Market Revenues & Volume, By Dry , 2021-2031F |
6.3.3 Philippines Soy Protein Ingredients Market Revenues & Volume, By Liquid, 2021-2031F |
6.4 Philippines Soy Protein Ingredients Market, By Function |
6.4.1 Overview and Analysis |
6.4.2 Philippines Soy Protein Ingredients Market Revenues & Volume, By Muscle Health, 2021-2031F |
6.4.3 Philippines Soy Protein Ingredients Market Revenues & Volume, By Heart Health, 2021-2031F |
6.4.4 Philippines Soy Protein Ingredients Market Revenues & Volume, By Weight Management, 2021-2031F |
6.4.5 Philippines Soy Protein Ingredients Market Revenues & Volume, By Other Functions, 2021-2031F |
6.5 Philippines Soy Protein Ingredients Market, By Nature |
6.5.1 Overview and Analysis |
6.5.2 Philippines Soy Protein Ingredients Market Revenues & Volume, By Conventional, 2021-2031F |
6.5.3 Philippines Soy Protein Ingredients Market Revenues & Volume, By Organic, 2021-2031F |
7 Philippines Soy Protein Ingredients Market Import-Export Trade Statistics |
7.1 Philippines Soy Protein Ingredients Market Export to Major Countries |
7.2 Philippines Soy Protein Ingredients Market Imports from Major Countries |
8 Philippines Soy Protein Ingredients Market Key Performance Indicators |
8.1 Consumer demand for soy protein products in the Philippines |
8.2 Adoption rate of soy protein ingredients by food manufacturers in the region |
8.3 Investment in research and development for soy protein ingredient innovations |
9 Philippines Soy Protein Ingredients Market - Opportunity Assessment |
9.1 Philippines Soy Protein Ingredients Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Philippines Soy Protein Ingredients Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 Philippines Soy Protein Ingredients Market Opportunity Assessment, By Form, 2021 & 2031F |
9.4 Philippines Soy Protein Ingredients Market Opportunity Assessment, By Function, 2021 & 2031F |
9.5 Philippines Soy Protein Ingredients Market Opportunity Assessment, By Nature, 2021 & 2031F |
10 Philippines Soy Protein Ingredients Market - Competitive Landscape |
10.1 Philippines Soy Protein Ingredients Market Revenue Share, By Companies, 2024 |
10.2 Philippines Soy Protein Ingredients Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |