Product Code: ETC8849470 | 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 |
The demand for potato and yam derivatives in the Philippines is increasing, driven by their applications in food, animal feed, and pharmaceutical sectors. Products such as starch, flour, and extracts are gaining traction due to their nutritional and functional properties. The rise of plant-based diets and the growing demand for alternative food ingredients are further fueling market growth. The governments focus on agricultural development and crop diversification is expected to support the expansion of this sector.
The Philippines Potato and Yam Derivatives market is driven by the growing demand for processed potato and yam products in the food industry. Potato and yam derivatives, such as flakes, powder, and granules, are in high demand due to their convenience, long shelf life, and versatility in cooking. The expanding food processing industry, especially in snacks, frozen foods, and instant meals, has contributed significantly to the growth of the market. Additionally, the increasing use of potato and yam derivatives in the bakery, dairy, and meat processing industries is also fostering market growth. As consumer preferences lean towards healthier alternatives and natural ingredients, the demand for these derivatives continues to rise.
The potato and yam derivatives market in the Philippines faces challenges in terms of limited agricultural resources and inconsistent crop yields. The lack of advanced processing technologies hinders the value addition potential for these crops, preventing the market from fully exploiting its growth opportunities. Moreover, competition from imported derivative products like starch, flour, and chips affects the competitiveness of local manufacturers. There are also logistical challenges related to transportation and storage, which can lead to higher costs and spoilage of perishable raw materials. Finally, the market faces significant pressure to adhere to food safety regulations and quality standards, which can be resource-intensive for small-scale producers.
The expanding demand for potato and yam derivatives in various sectorsfood, pharmaceuticals, and animal feedcreates promising investment opportunities. Investors can explore the development of local processing facilities to convert potatoes and yams into high-value products such as starch, flour, and other derivatives. There is also potential in exploring niche markets such as the production of health-focused products, which could cater to the growing consumer interest in plant-based and functional foods.
The promotion of root crop cultivation, including potatoes and yams, is a priority under the DAs HVCDP, which offers financial support to farmers and processors. Research institutions receive government funding to improve yield quality and processing techniques. Additionally, policies aimed at strengthening the food manufacturing sector, such as tax incentives for local producers, help drive market growth. Import restrictions on processed derivatives further encourage domestic production.
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 Potato and Yam Derivatives Market Overview |
3.1 Philippines Country Macro Economic Indicators |
3.2 Philippines Potato and Yam Derivatives Market Revenues & Volume, 2021 & 2031F |
3.3 Philippines Potato and Yam Derivatives Market - Industry Life Cycle |
3.4 Philippines Potato and Yam Derivatives Market - Porter's Five Forces |
3.5 Philippines Potato and Yam Derivatives Market Revenues & Volume Share, By Source, 2021 & 2031F |
3.6 Philippines Potato and Yam Derivatives Market Revenues & Volume Share, By Derivatives, 2021 & 2031F |
3.7 Philippines Potato and Yam Derivatives Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.8 Philippines Potato and Yam Derivatives Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 Philippines Potato and Yam Derivatives Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Philippines Potato and Yam Derivatives Market Trends |
6 Philippines Potato and Yam Derivatives Market, By Types |
6.1 Philippines Potato and Yam Derivatives Market, By Source |
6.1.1 Overview and Analysis |
6.1.2 Philippines Potato and Yam Derivatives Market Revenues & Volume, By Source, 2021- 2031F |
6.1.3 Philippines Potato and Yam Derivatives Market Revenues & Volume, By Potato, 2021- 2031F |
6.1.4 Philippines Potato and Yam Derivatives Market Revenues & Volume, By Sweet Potato, 2021- 2031F |
6.1.5 Philippines Potato and Yam Derivatives Market Revenues & Volume, By Yam, 2021- 2031F |
6.2 Philippines Potato and Yam Derivatives Market, By Derivatives |
6.2.1 Overview and Analysis |
6.2.2 Philippines Potato and Yam Derivatives Market Revenues & Volume, By Whole, 2021- 2031F |
6.2.3 Philippines Potato and Yam Derivatives Market Revenues & Volume, By Protein, 2021- 2031F |
6.2.4 Philippines Potato and Yam Derivatives Market Revenues & Volume, By Starch, 2021- 2031F |
6.2.5 Philippines Potato and Yam Derivatives Market Revenues & Volume, By Tapioca, 2021- 2031F |
6.2.6 Philippines Potato and Yam Derivatives Market Revenues & Volume, By Flour, 2021- 2031F |
6.2.7 Philippines Potato and Yam Derivatives Market Revenues & Volume, By Feed, 2021- 2031F |
6.3 Philippines Potato and Yam Derivatives Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Philippines Potato and Yam Derivatives Market Revenues & Volume, By Food, 2021- 2031F |
6.3.3 Philippines Potato and Yam Derivatives Market Revenues & Volume, By Animal Feed, 2021- 2031F |
6.3.4 Philippines Potato and Yam Derivatives Market Revenues & Volume, By Fermented Beverages, 2021- 2031F |
6.3.5 Philippines Potato and Yam Derivatives Market Revenues & Volume, By Others, 2021- 2031F |
6.4 Philippines Potato and Yam Derivatives Market, By Distribution Channel |
6.4.1 Overview and Analysis |
6.4.2 Philippines Potato and Yam Derivatives Market Revenues & Volume, By B2B, 2021- 2031F |
6.4.3 Philippines Potato and Yam Derivatives Market Revenues & Volume, By B2C, 2021- 2031F |
7 Philippines Potato and Yam Derivatives Market Import-Export Trade Statistics |
7.1 Philippines Potato and Yam Derivatives Market Export to Major Countries |
7.2 Philippines Potato and Yam Derivatives Market Imports from Major Countries |
8 Philippines Potato and Yam Derivatives Market Key Performance Indicators |
9 Philippines Potato and Yam Derivatives Market - Opportunity Assessment |
9.1 Philippines Potato and Yam Derivatives Market Opportunity Assessment, By Source, 2021 & 2031F |
9.2 Philippines Potato and Yam Derivatives Market Opportunity Assessment, By Derivatives, 2021 & 2031F |
9.3 Philippines Potato and Yam Derivatives Market Opportunity Assessment, By Application, 2021 & 2031F |
9.4 Philippines Potato and Yam Derivatives Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 Philippines Potato and Yam Derivatives Market - Competitive Landscape |
10.1 Philippines Potato and Yam Derivatives Market Revenue Share, By Companies, 2024 |
10.2 Philippines Potato and Yam Derivatives Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |