Product Code: ETC220229 | Publication Date: Aug 2022 | Updated Date: Apr 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 | |
The Philippines Commercial Seaweed Market is projected to witness mixed growth rate patterns during 2025 to 2029. Beginning strongly at -1.28% in 2025, growth softens to -1.80% in 2029.
The Commercial Seaweed market in Philippines is projected to grow at a negative growth rate of -1.47% by 2027, within the Asia region led by China, along with other countries like India, Japan, Australia and South Korea, collectively shaping a dynamic and evolving market environment driven by innovation and increasing adoption of emerging technologies.
The compound feed market in the Philippines is witnessing steady growth due to the expansion of the livestock and poultry sectors. The country produced approximately 13.5 million metric tons of compound feed. The Philippines growing population and increasing per capita meat consumption drive demand for meat products, thereby boosting the demand for compound feed. With the government`s focus on enhancing agricultural productivity and supporting the livestock industry, the compound feed market is expected to continue its upward trajectory.
The compound feed market in the Philippines is influenced by several key drivers. One of the primary factors is the continuous growth of the livestock and poultry industries. As the population increases and dietary preferences shift towards protein-rich foods, the demand for meat and eggs is on the rise. This drives the need for efficient and nutritious animal feed to ensure optimal growth and production. Additionally, advancements in animal nutrition research are leading to the development of specialized feed formulations that enhance animal health and productivity. The trend towards industrialized farming practices and the adoption of technology to optimize feed production processes are further propelling the compound feed market`s growth in the Philippines.
The compound feed market in the Philippines may face challenges linked to fluctuating raw material costs. The price volatility of ingredients like grains, soybean meal, and additives can impact the overall cost of feed production. This, in turn, affects the profitability of livestock and poultry farmers. Effective supply chain management and risk mitigation strategies are essential to navigate these challenges.
The Philippines compound feed market experienced turbulence due to the COVID-19 pandemic. Lockdowns and restrictions affected livestock production and disrupted the demand for compound feed. The market also faced challenges related to ingredient sourcing and transportation. However, the eventual recovery of the livestock sector and the rebounding meat consumption patterns are likely to stimulate demand for compound feed. As the Philippines navigates the recovery phase, the compound feed market is projected to gradually stabilize, with a renewed focus on ensuring a resilient supply chain and meeting the evolving nutritional needs of livestock.
The Philippines compound feed market is experiencing growth due to the increasing consumption of meat and dairy products. Leading players such as NutriFeeds Philippines, Big Gain Feed Inc., and Agri-Feed Philippines are catering to the growing demand for nutritionally balanced compound feed. These key players are investing in research and development to formulate feeds that enhance animal health and productivity, meeting the requirements of a rapidly expanding livestock 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 Commercial Seaweed Market Overview |
3.1 Philippines Country Macro Economic Indicators |
3.2 Philippines Commercial Seaweed Market Revenues & Volume, 2021 & 2031F |
3.3 Philippines Commercial Seaweed Market - Industry Life Cycle |
3.4 Philippines Commercial Seaweed Market - Porter's Five Forces |
3.5 Philippines Commercial Seaweed Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.6 Philippines Commercial Seaweed Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 Philippines Commercial Seaweed Market Revenues & Volume Share, By Form, 2021 & 2031F |
4 Philippines Commercial Seaweed Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Philippines Commercial Seaweed Market Trends |
6 Philippines Commercial Seaweed Market, By Types |
6.1 Philippines Commercial Seaweed Market, By Product |
6.1.1 Overview and Analysis |
6.1.2 Philippines Commercial Seaweed Market Revenues & Volume, By Product, 2021-2031F |
6.1.3 Philippines Commercial Seaweed Market Revenues & Volume, By Brown seaweeds, 2021-2031F |
6.1.4 Philippines Commercial Seaweed Market Revenues & Volume, By Red seaweeds, 2021-2031F |
6.1.5 Philippines Commercial Seaweed Market Revenues & Volume, By Green seaweeds, 2021-2031F |
6.2 Philippines Commercial Seaweed Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Philippines Commercial Seaweed Market Revenues & Volume, By Agriculture, 2021-2031F |
6.2.3 Philippines Commercial Seaweed Market Revenues & Volume, By Animal Feed, 2021-2031F |
6.2.4 Philippines Commercial Seaweed Market Revenues & Volume, By Human Consumption, 2021-2031F |
6.2.5 Philippines Commercial Seaweed Market Revenues & Volume, By Others, 2021-2031F |
6.3 Philippines Commercial Seaweed Market, By Form |
6.3.1 Overview and Analysis |
6.3.2 Philippines Commercial Seaweed Market Revenues & Volume, By Liquid, 2021-2031F |
6.3.3 Philippines Commercial Seaweed Market Revenues & Volume, By Powdered, 2021-2031F |
6.3.4 Philippines Commercial Seaweed Market Revenues & Volume, By Flakes, 2021-2031F |
7 Philippines Commercial Seaweed Market Import-Export Trade Statistics |
7.1 Philippines Commercial Seaweed Market Export to Major Countries |
7.2 Philippines Commercial Seaweed Market Imports from Major Countries |
8 Philippines Commercial Seaweed Market Key Performance Indicators |
9 Philippines Commercial Seaweed Market - Opportunity Assessment |
9.1 Philippines Commercial Seaweed Market Opportunity Assessment, By Product, 2021 & 2031F |
9.2 Philippines Commercial Seaweed Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 Philippines Commercial Seaweed Market Opportunity Assessment, By Form, 2021 & 2031F |
10 Philippines Commercial Seaweed Market - Competitive Landscape |
10.1 Philippines Commercial Seaweed Market Revenue Share, By Companies, 2024 |
10.2 Philippines Commercial Seaweed Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |