| Product Code: ETC11218465 | Publication Date: Apr 2025 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Bhawna Singh | No. of Pages: 65 | No. of Figures: 34 | No. of Tables: 19 |
The Philippines continues to see a significant import of turmeric extract curcumin, with top exporting countries in 2024 being Metropolitan France, USA, Germany, China, and Italy. Despite a challenging CAGR of -5.49% from 2020-2024, the market experienced an impressive growth rate of 578.25% from 2023-2024. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market landscape, highlighting the dominance of key players in supplying turmeric extract curcumin to the Philippines. As demand for health and wellness products rises, the import market for turmeric extract curcumin is poised for potential growth and diversification in the coming years.

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 Turmeric Extract Curcumin Market Overview |
3.1 Philippines Country Macro Economic Indicators |
3.2 Philippines Turmeric Extract Curcumin Market Revenues & Volume, 2021 & 2031F |
3.3 Philippines Turmeric Extract Curcumin Market - Industry Life Cycle |
3.4 Philippines Turmeric Extract Curcumin Market - Porter's Five Forces |
3.5 Philippines Turmeric Extract Curcumin Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Philippines Turmeric Extract Curcumin Market Revenues & Volume Share, By Form, 2021 & 2031F |
3.7 Philippines Turmeric Extract Curcumin Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.8 Philippines Turmeric Extract Curcumin Market Revenues & Volume Share, By End Use, 2021 & 2031F |
4 Philippines Turmeric Extract Curcumin Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing consumer awareness about the health benefits of turmeric extract curcumin |
4.2.2 Increasing demand for natural and organic ingredients in the food and beverage industry |
4.2.3 Rising prevalence of chronic diseases driving the demand for natural supplements |
4.3 Market Restraints |
4.3.1 Fluctuating prices of raw turmeric due to weather conditions and market dynamics |
4.3.2 Lack of standardized regulations and quality control measures for turmeric extract curcumin products |
4.3.3 Limited availability of skilled labor for processing and extraction of curcumin |
5 Philippines Turmeric Extract Curcumin Market Trends |
6 Philippines Turmeric Extract Curcumin Market, By Types |
6.1 Philippines Turmeric Extract Curcumin Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Philippines Turmeric Extract Curcumin Market Revenues & Volume, By Type, 2021 - 2031F |
6.1.3 Philippines Turmeric Extract Curcumin Market Revenues & Volume, By Organic, 2021 - 2031F |
6.1.4 Philippines Turmeric Extract Curcumin Market Revenues & Volume, By Conventional, 2021 - 2031F |
6.1.5 Philippines Turmeric Extract Curcumin Market Revenues & Volume, By Water-Soluble, 2021 - 2031F |
6.1.6 Philippines Turmeric Extract Curcumin Market Revenues & Volume, By Standardized Extracts, 2021 - 2031F |
6.1.7 Philippines Turmeric Extract Curcumin Market Revenues & Volume, By Others, 2021 - 2031F |
6.2 Philippines Turmeric Extract Curcumin Market, By Form |
6.2.1 Overview and Analysis |
6.2.2 Philippines Turmeric Extract Curcumin Market Revenues & Volume, By Powder, 2021 - 2031F |
6.2.3 Philippines Turmeric Extract Curcumin Market Revenues & Volume, By Capsules, 2021 - 2031F |
6.2.4 Philippines Turmeric Extract Curcumin Market Revenues & Volume, By Liquid, 2021 - 2031F |
6.2.5 Philippines Turmeric Extract Curcumin Market Revenues & Volume, By Granules, 2021 - 2031F |
6.2.6 Philippines Turmeric Extract Curcumin Market Revenues & Volume, By Others, 2021 - 2031F |
6.3 Philippines Turmeric Extract Curcumin Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Philippines Turmeric Extract Curcumin Market Revenues & Volume, By Dietary Supplements, 2021 - 2031F |
6.3.3 Philippines Turmeric Extract Curcumin Market Revenues & Volume, By Functional Food, 2021 - 2031F |
6.3.4 Philippines Turmeric Extract Curcumin Market Revenues & Volume, By Cosmetics and Skincare, 2021 - 2031F |
6.3.5 Philippines Turmeric Extract Curcumin Market Revenues & Volume, By Anti-Inflammatory, 2021 - 2031F |
6.3.6 Philippines Turmeric Extract Curcumin Market Revenues & Volume, By Herbal Medicine, 2021 - 2031F |
6.4 Philippines Turmeric Extract Curcumin Market, By End Use |
6.4.1 Overview and Analysis |
6.4.2 Philippines Turmeric Extract Curcumin Market Revenues & Volume, By Pharmaceuticals, 2021 - 2031F |
6.4.3 Philippines Turmeric Extract Curcumin Market Revenues & Volume, By Food and Beverages, 2021 - 2031F |
6.4.4 Philippines Turmeric Extract Curcumin Market Revenues & Volume, By Personal Care, 2021 - 2031F |
6.4.5 Philippines Turmeric Extract Curcumin Market Revenues & Volume, By Nutraceuticals, 2021 - 2031F |
6.4.6 Philippines Turmeric Extract Curcumin Market Revenues & Volume, By Alternative Medicine, 2021 - 2031F |
7 Philippines Turmeric Extract Curcumin Market Import-Export Trade Statistics |
7.1 Philippines Turmeric Extract Curcumin Market Export to Major Countries |
7.2 Philippines Turmeric Extract Curcumin Market Imports from Major Countries |
8 Philippines Turmeric Extract Curcumin Market Key Performance Indicators |
8.1 Number of research studies on the health benefits of turmeric extract curcumin |
8.2 Percentage of food and beverage products containing turmeric extract curcumin |
8.3 Growth in the number of turmeric extract curcumin products launched in the market |
9 Philippines Turmeric Extract Curcumin Market - Opportunity Assessment |
9.1 Philippines Turmeric Extract Curcumin Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Philippines Turmeric Extract Curcumin Market Opportunity Assessment, By Form, 2021 & 2031F |
9.3 Philippines Turmeric Extract Curcumin Market Opportunity Assessment, By Application, 2021 & 2031F |
9.4 Philippines Turmeric Extract Curcumin Market Opportunity Assessment, By End Use, 2021 & 2031F |
10 Philippines Turmeric Extract Curcumin Market - Competitive Landscape |
10.1 Philippines Turmeric Extract Curcumin Market Revenue Share, By Companies, 2024 |
10.2 Philippines Turmeric Extract Curcumin Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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