Product Code: ETC8845061 | Publication Date: Sep 2024 | Updated Date: Apr 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | Author: Shubham Deep | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
Marine biotechnology is an emerging sector in the Philippines, leveraging the countrys rich marine biodiversity for pharmaceuticals, cosmetics, and nutraceuticals. Research in marine-derived compounds for medical and industrial applications is expanding, with government and private sector investments in biotechnology playing a crucial role.
The expanding research in marine-derived bioactive compounds and sustainable aquaculture has contributed to the growth of the marine biotechnology market in the Philippines. Marine organisms provide valuable resources for pharmaceuticals, cosmetics, and nutraceuticals. Government support for marine biodiversity conservation and biotech research has further propelled industry advancements.
The marine biotechnology market in the Philippines faces issues related to limited funding for research and development. The countrys rich marine biodiversity remains underutilized due to a lack of investment in biopharmaceutical and bio-industrial applications. Additionally, regulatory hurdles in marine bioprospecting create barriers for new businesses and international collaborations.
The Philippines` rich marine biodiversity presents opportunities in marine biotechnology for pharmaceuticals, cosmetics, and aquaculture. Investment in marine-derived bioactive compounds, sustainable fish farming solutions, and biotech-driven environmental conservation can drive growth. Partnerships with research institutions can enhance technological advancements.
The DA and the DENR oversee marine biotechnology research, ensuring sustainable practices and compliance with marine biodiversity conservation laws. The government supports biotech startups through grants and research funding, promoting marine-based pharmaceuticals and food supplements.
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 Marine Biotechnology Market Overview |
3.1 Philippines Country Macro Economic Indicators |
3.2 Philippines Marine Biotechnology Market Revenues & Volume, 2021 & 2031F |
3.3 Philippines Marine Biotechnology Market - Industry Life Cycle |
3.4 Philippines Marine Biotechnology Market - Porter's Five Forces |
3.5 Philippines Marine Biotechnology Market Revenues & Volume Share, By Source, 2021 & 2031F |
3.6 Philippines Marine Biotechnology Market Revenues & Volume Share, By End User, 2021 & 2031F |
4 Philippines Marine Biotechnology Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Philippines Marine Biotechnology Market Trends |
6 Philippines Marine Biotechnology Market, By Types |
6.1 Philippines Marine Biotechnology Market, By Source |
6.1.1 Overview and Analysis |
6.1.2 Philippines Marine Biotechnology Market Revenues & Volume, By Source, 2021- 2031F |
6.1.3 Philippines Marine Biotechnology Market Revenues & Volume, By Corals and Sponges, 2021- 2031F |
6.1.4 Philippines Marine Biotechnology Market Revenues & Volume, By Algae, 2021- 2031F |
6.1.5 Philippines Marine Biotechnology Market Revenues & Volume, By Marine Viruses, 2021- 2031F |
6.1.6 Philippines Marine Biotechnology Market Revenues & Volume, By Marine Fungi, 2021- 2031F |
6.2 Philippines Marine Biotechnology Market, By End User |
6.2.1 Overview and Analysis |
6.2.2 Philippines Marine Biotechnology Market Revenues & Volume, By Medical and Pharmaceutical, 2021- 2031F |
6.2.3 Philippines Marine Biotechnology Market Revenues & Volume, By Food Industry, 2021- 2031F |
6.2.4 Philippines Marine Biotechnology Market Revenues & Volume, By Cosmetics Industry, 2021- 2031F |
6.2.5 Philippines Marine Biotechnology Market Revenues & Volume, By Chemical Industry, 2021- 2031F |
6.2.6 Philippines Marine Biotechnology Market Revenues & Volume, By Other End Users, 2021- 2031F |
7 Philippines Marine Biotechnology Market Import-Export Trade Statistics |
7.1 Philippines Marine Biotechnology Market Export to Major Countries |
7.2 Philippines Marine Biotechnology Market Imports from Major Countries |
8 Philippines Marine Biotechnology Market Key Performance Indicators |
9 Philippines Marine Biotechnology Market - Opportunity Assessment |
9.1 Philippines Marine Biotechnology Market Opportunity Assessment, By Source, 2021 & 2031F |
9.2 Philippines Marine Biotechnology Market Opportunity Assessment, By End User, 2021 & 2031F |
10 Philippines Marine Biotechnology Market - Competitive Landscape |
10.1 Philippines Marine Biotechnology Market Revenue Share, By Companies, 2024 |
10.2 Philippines Marine Biotechnology Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |