Product Code: ETC8853064 | Publication Date: Sep 2024 | Updated Date: Sep 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | Author: Shubham Deep | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
Taro remains a culturally significant and economically important crop in the Philippines. The market is driven by both domestic consumption and export opportunities. Farmers are increasingly adopting improved cultivation practices to boost yield, while processors are exploring value-added products like taro chips and flour to tap into health-conscious markets.
Taro remains a staple root crop in the Philippines, with a strong presence in traditional and regional cuisines. The market benefits from both domestic consumption and export opportunities to niche ethnic food markets. Research into pest-resistant varieties and improved farming practices is helping increase productivity, while value-added taro products are gaining popularity in urban markets.
The taro market is challenged by vulnerability to climate change, pest infestations, and low mechanization levels. Additionally, inconsistent demand and limited value-added processing options hinder its commercialization.
The taro market is an untapped agricultural opportunity. With a growing focus on food security and sustainable crops, taros nutritional value and export potential make it appealing. Investors can explore opportunities in organic farming, agro-processing, and value-added taro-based products for both domestic and international markets.
Agricultural policies under the Department of Agriculture (DA) support the growth of taro farming through subsidies, technical assistance, and research. The High Value Crops Development Program includes taro, aiming to boost productivity and farmers income. Efforts also focus on improving post-harvest facilities and exploring export opportunities.
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 Taro Market Overview |
3.1 Philippines Country Macro Economic Indicators |
3.2 Philippines Taro Market Revenues & Volume, 2021 & 2031F |
3.3 Philippines Taro Market - Industry Life Cycle |
3.4 Philippines Taro Market - Porter's Five Forces |
3.5 Philippines Taro Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Philippines Taro Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Philippines Taro Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing consumer awareness about the health benefits of taro |
4.2.2 Growing demand for organic and locally sourced produce |
4.2.3 Rising popularity of Filipino cuisine worldwide |
4.3 Market Restraints |
4.3.1 Seasonal fluctuations in taro production due to weather conditions |
4.3.2 Challenges in maintaining consistent quality and supply chain management |
5 Philippines Taro Market Trends |
6 Philippines Taro Market, By Types |
6.1 Philippines Taro Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Philippines Taro Market Revenues & Volume, By Type, 2021- 2031F |
6.1.3 Philippines Taro Market Revenues & Volume, By Single Type, 2021- 2031F |
6.1.4 Philippines Taro Market Revenues & Volume, By Mixed Type, 2021- 2031F |
6.2 Philippines Taro Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Philippines Taro Market Revenues & Volume, By Food Industry, 2021- 2031F |
6.2.3 Philippines Taro Market Revenues & Volume, By Cosmetics Industry, 2021- 2031F |
7 Philippines Taro Market Import-Export Trade Statistics |
7.1 Philippines Taro Market Export to Major Countries |
7.2 Philippines Taro Market Imports from Major Countries |
8 Philippines Taro Market Key Performance Indicators |
8.1 Average selling price of taro in the market |
8.2 Number of new taro-based products introduced in the market |
8.3 Percentage of increase in taro cultivation area in the Philippines |
9 Philippines Taro Market - Opportunity Assessment |
9.1 Philippines Taro Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Philippines Taro Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Philippines Taro Market - Competitive Landscape |
10.1 Philippines Taro Market Revenue Share, By Companies, 2024 |
10.2 Philippines Taro Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |