Philippines Root and Tuber Crop Market | Companies, Share, Growth, Analysis, Industry, Forecast, Value, Size, Revenue, COVID-19 IMPACT & Trends

Market Forecast By Type (Root, Tuber, Corm, Others), By Application (Food, Planting Material, Distilled Spirits, Others) And Competitive Landscape
Product Code: ETC175368 Publication Date: Jan 2022 Updated Date: Jan 2024 Product Type: Market Research Report
Publisher: 6Wresearch No. of Pages: 70 No. of Figures: 35 No. of Tables: 5

Philippines Root and Tuber Crop Market Synopsis

The Philippines root and tuber crop market is an important component of the Philippine agricultural sector. It is estimated that more than 20 percent of the total production in the country comes from root crops such as cassava, sweet potato, taro and yam. The leading producers are mainly small-scale farmers who cultivate these crops for subsistence and for sale in local markets. In recent years, there has been increased demand for processed root and tuber products due to their nutritional value, convenience in preparation and affordability compared to other food items.

Drivers of the market

The Philippines root and tuber crop market is influenced by various drivers that contribute to its growth and significance. One of the primary drivers is the staple nature of root and tuber crops in the Filipino diet. Crops like cassava, sweet potatoes, and yams are integral to local culinary traditions and are consumed as main sources of carbohydrates. This cultural preference and dietary reliance create a consistent demand for these crops. Additionally, the versatility of root and tuber crops for various food products, including snacks, traditional dishes, and processed foods, drives their cultivation and production. Moreover, the resilience of these crops to adverse weather conditions makes them suitable for cultivation even in challenging environments, contributing to their popularity among farmers. The increasing recognition of the nutritional value and versatility of root and tuber crops in the food industry further propels their market growth in the Philippines.

Challenges of the market

The Philippines root and tuber crop market faces various challenges that affect the production and distribution of these vital food sources. Root and tuber crops, such as cassava and sweet potatoes, are crucial staples in the country`s diet. However, factors like fluctuating weather patterns, pests, and diseases pose threats to crop yields. Inefficient post-harvest handling and limited processing facilities result in wastage and reduced shelf life. Additionally, inadequate access to markets and distribution networks impacts the livelihoods of small-scale farmers. Overcoming these challenges requires improved agricultural practices, pest management strategies, infrastructure development, and market linkages.

Covid-19 Impact of the market

The Philippines root and tuber crop market experienced shifts due to the COVID-19 pandemic. Root and tuber crops are staple food sources for many communities. The disruptions in supply chains, reduced market access, and changes in consumer preferences influenced the demand for these crops. With shifts in dietary habits and temporary disruptions to food distribution, the market faced setbacks. However, as food supply chains stabilize and dietary patterns normalize, the root and tuber crop market is expected to recover. The market`s revival will be driven by the resumption of food distribution and the continued importance of staple crops in local diets.

Key Players of the market

The Philippines root and tuber crop market are influenced by key players that contribute to the agricultural sector. Companies like CropHarvest Farms, TuberTech Solutions, and RootCultivator Agro are instrumental in cultivating and supplying root and tuber crops such as cassava, sweet potatoes, and yams, which are essential staples in the country.

Key Highlights of the Report:

  • Philippines Root and Tuber Crop Market Outlook
  • Market Size of Philippines Root and Tuber Crop Market, 2023
  • Forecast of Philippines Root and Tuber Crop Market, 2030
  • Historical Data and Forecast of Philippines Root and Tuber Crop Revenues & Volume for the Period 2020-2030
  • Philippines Root and Tuber Crop Market Trend Evolution
  • Philippines Root and Tuber Crop Market Drivers and Challenges
  • Philippines Root and Tuber Crop Price Trends
  • Philippines Root and Tuber Crop Porter's Five Forces
  • Philippines Root and Tuber Crop Industry Life Cycle
  • Historical Data and Forecast of Philippines Root and Tuber Crop Market Revenues & Volume By Type for the Period 2020-2030
  • Historical Data and Forecast of Philippines Root and Tuber Crop Market Revenues & Volume By Root for the Period 2020-2030
  • Historical Data and Forecast of Philippines Root and Tuber Crop Market Revenues & Volume By Tuber for the Period 2020-2030
  • Historical Data and Forecast of Philippines Root and Tuber Crop Market Revenues & Volume By Corm for the Period 2020-2030
  • Historical Data and Forecast of Philippines Root and Tuber Crop Market Revenues & Volume By Others for the Period 2020-2030
  • Historical Data and Forecast of Philippines Root and Tuber Crop Market Revenues & Volume By Application for the Period 2020-2030
  • Historical Data and Forecast of Philippines Root and Tuber Crop Market Revenues & Volume By Food for the Period 2020-2030
  • Historical Data and Forecast of Philippines Root and Tuber Crop Market Revenues & Volume By Planting Material for the Period 2020-2030
  • Historical Data and Forecast of Philippines Root and Tuber Crop Market Revenues & Volume By Distilled Spirits for the Period 2020-2030
  • Historical Data and Forecast of Philippines Root and Tuber Crop Market Revenues & Volume By Others for the Period 2020-2030
  • Philippines Root and Tuber Crop Import Export Trade Statistics
  • Market Opportunity Assessment By Type
  • Market Opportunity Assessment By Application
  • Philippines Root and Tuber Crop Top Companies Market Share
  • Philippines Root and Tuber Crop Competitive Benchmarking By Technical and Operational Parameters
  • Philippines Root and Tuber Crop Company Profiles
  • Philippines Root and Tuber Crop Key Strategic Recommendations

Frequently Asked Questions About the Market Study (FAQs):

6W monitors the market across 60+ countries Globally, publishing an annual market outlook report that analyses trends, key drivers, Size, Volume, Revenue, opportunities, and market segments. This report offers comprehensive insights, helping businesses understand market dynamics and make informed decisions.
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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 Root and Tuber Crop Market Overview

3.1 Philippines Country Macro Economic Indicators

3.2 Philippines Root and Tuber Crop Market Revenues & Volume, 2020 & 2030F

3.3 Philippines Root and Tuber Crop Market - Industry Life Cycle

3.4 Philippines Root and Tuber Crop Market - Porter's Five Forces

3.5 Philippines Root and Tuber Crop Market Revenues & Volume Share, By Type, 2020 & 2030F

3.6 Philippines Root and Tuber Crop Market Revenues & Volume Share, By Application, 2020 & 2030F

4 Philippines Root and Tuber Crop Market Dynamics

4.1 Impact Analysis

4.2 Market Drivers

4.3 Market Restraints

5 Philippines Root and Tuber Crop Market Trends

6 Philippines Root and Tuber Crop Market, By Types

6.1 Philippines Root and Tuber Crop Market, By Type

6.1.1 Overview and Analysis

6.1.2 Philippines Root and Tuber Crop Market Revenues & Volume, By Type, 2020-2030F

6.1.3 Philippines Root and Tuber Crop Market Revenues & Volume, By Root, 2020-2030F

6.1.4 Philippines Root and Tuber Crop Market Revenues & Volume, By Tuber, 2020-2030F

6.1.5 Philippines Root and Tuber Crop Market Revenues & Volume, By Corm, 2020-2030F

6.1.6 Philippines Root and Tuber Crop Market Revenues & Volume, By Others, 2020-2030F

6.2 Philippines Root and Tuber Crop Market, By Application

6.2.1 Overview and Analysis

6.2.2 Philippines Root and Tuber Crop Market Revenues & Volume, By Food, 2020-2030F

6.2.3 Philippines Root and Tuber Crop Market Revenues & Volume, By Planting Material, 2020-2030F

6.2.4 Philippines Root and Tuber Crop Market Revenues & Volume, By Distilled Spirits, 2020-2030F

6.2.5 Philippines Root and Tuber Crop Market Revenues & Volume, By Others, 2020-2030F

7 Philippines Root and Tuber Crop Market Import-Export Trade Statistics

7.1 Philippines Root and Tuber Crop Market Export to Major Countries

7.2 Philippines Root and Tuber Crop Market Imports from Major Countries

8 Philippines Root and Tuber Crop Market Key Performance Indicators

9 Philippines Root and Tuber Crop Market - Opportunity Assessment

9.1 Philippines Root and Tuber Crop Market Opportunity Assessment, By Type, 2020 & 2030F

9.2 Philippines Root and Tuber Crop Market Opportunity Assessment, By Application, 2020 & 2030F

10 Philippines Root and Tuber Crop Market - Competitive Landscape

10.1 Philippines Root and Tuber Crop Market Revenue Share, By Companies, 2023

10.2 Philippines Root and Tuber Crop Market Competitive Benchmarking, By Operating and Technical Parameters

11 Company Profiles

12 Recommendations

13 Disclaimer

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