| Product Code: ETC8834693 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Sumit Sagar | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
Despite a decline in the aquafeed import shipments to the Philippines, the market remained heavily concentrated in 2024, with top exporting countries being Vietnam, Taiwan, Thailand, Indonesia, and China. The negative compound annual growth rate (CAGR) from 2020 to 2024 and a sharp decline in growth rate from 2023 to 2024 indicate challenges in the aquafeed market. The high concentration levels suggest a competitive landscape dominated by a few key players. Monitoring market trends and potential shifts in supplier dynamics will be crucial for stakeholders in the aquafeed industry.

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 Aquafeed Market Overview |
3.1 Philippines Country Macro Economic Indicators |
3.2 Philippines Aquafeed Market Revenues & Volume, 2021 & 2031F |
3.3 Philippines Aquafeed Market - Industry Life Cycle |
3.4 Philippines Aquafeed Market - Porter's Five Forces |
3.5 Philippines Aquafeed Market Revenues & Volume Share, By Form, 2021 & 2031F |
3.6 Philippines Aquafeed Market Revenues & Volume Share, By Function, 2021 & 2031F |
3.7 Philippines Aquafeed Market Revenues & Volume Share, By Species, 2021 & 2031F |
4 Philippines Aquafeed Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growth in aquaculture industry in the Philippines |
4.2.2 Increasing demand for seafood products |
4.2.3 Government support and initiatives for sustainable aquaculture practices |
4.3 Market Restraints |
4.3.1 Volatility in raw material prices |
4.3.2 Environmental concerns related to aquafeed production |
4.3.3 Competition from alternative protein sources |
5 Philippines Aquafeed Market Trends |
6 Philippines Aquafeed Market, By Types |
6.1 Philippines Aquafeed Market, By Form |
6.1.1 Overview and Analysis |
6.1.2 Philippines Aquafeed Market Revenues & Volume, By Form, 2021- 2031F |
6.1.3 Philippines Aquafeed Market Revenues & Volume, By Extruded, 2021- 2031F |
6.1.4 Philippines Aquafeed Market Revenues & Volume, By Pellets, 2021- 2031F |
6.1.5 Philippines Aquafeed Market Revenues & Volume, By Powder, 2021- 2031F |
6.1.6 Philippines Aquafeed Market Revenues & Volume, By Liquid, 2021- 2031F |
6.2 Philippines Aquafeed Market, By Function |
6.2.1 Overview and Analysis |
6.2.2 Philippines Aquafeed Market Revenues & Volume, By Health, 2021- 2031F |
6.2.3 Philippines Aquafeed Market Revenues & Volume, By Digestibility, 2021- 2031F |
6.2.4 Philippines Aquafeed Market Revenues & Volume, By Palatability, 2021- 2031F |
6.2.5 Philippines Aquafeed Market Revenues & Volume, By Special Nutrition, 2021- 2031F |
6.2.6 Philippines Aquafeed Market Revenues & Volume, By Others, 2021- 2031F |
6.3 Philippines Aquafeed Market, By Species |
6.3.1 Overview and Analysis |
6.3.2 Philippines Aquafeed Market Revenues & Volume, By Fish, 2021- 2031F |
6.3.3 Philippines Aquafeed Market Revenues & Volume, By Crustaceans, 2021- 2031F |
6.3.4 Philippines Aquafeed Market Revenues & Volume, By Others, 2021- 2031F |
7 Philippines Aquafeed Market Import-Export Trade Statistics |
7.1 Philippines Aquafeed Market Export to Major Countries |
7.2 Philippines Aquafeed Market Imports from Major Countries |
8 Philippines Aquafeed Market Key Performance Indicators |
8.1 Feed conversion ratio (FCR) improvement |
8.2 Adoption rate of technology in aquafeed production |
8.3 Sustainability certifications obtained by aquafeed manufacturers |
9 Philippines Aquafeed Market - Opportunity Assessment |
9.1 Philippines Aquafeed Market Opportunity Assessment, By Form, 2021 & 2031F |
9.2 Philippines Aquafeed Market Opportunity Assessment, By Function, 2021 & 2031F |
9.3 Philippines Aquafeed Market Opportunity Assessment, By Species, 2021 & 2031F |
10 Philippines Aquafeed Market - Competitive Landscape |
10.1 Philippines Aquafeed Market Revenue Share, By Companies, 2024 |
10.2 Philippines Aquafeed 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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