フィリピンのパーム油市場規模、トレンドと機会分析2025～2033年

Market overview

The Philippines palm oil and coconut oil markets are expected to be valued at US$1,143.8 million in 2024 and grow to US$1,552.12 million by 2033, at a compound annual growth rate (CAGR) of 3.45% from 2025 to 2033. The market is primarily import-dependent, with demand driven by expanding use in foodservice, home cooking, and industrial sectors as a cost-effective alternative to domestically produced coconut oil. Growing consumption trends and international trade partnerships are also driving market growth.

How AI will change the future of the Philippine palm oil market

• AI-powered supply chain optimization will improve sourcing and delivery efficiencies, which are essential to satisfy the Philippines' reliance on palm oil imports.
• Advanced data analytics powered by AI is improving quality control in food processing and supporting the widespread use of palm oil in baked goods, snacks, margarine and more.
• AI applications in consumer behavior research enable personalized marketing and product development, especially for palm oil-based personal care products.
• The integration of AI into the biofuel production process will help optimize palm oil use in line with the government's renewable energy policy.
• AI-based competitive intelligence tools help stakeholders assess market trends and competitor strategies in real time.
• Machine learning models support price trend analysis, which is essential for formulating procurement strategies in a market where raw material costs fluctuate.

Get a sample PDF of this report: https://www.imarcgroup.com/philippines-palm-oil-market/requestsample

Market growth factors

Rising demand in the processed food industry is a major factor driving the palm oil market in the Philippines. Known for its stability, long shelf life, and affordability, palm oil is widely used in baked goods, snacks, margarine, instant noodles, and more. Consumption of prepared and convenience foods is growing with increasing urbanization and diversifying lifestyles. Local producers are preferring palm oil over other oils as it improves the quality and flavor of their products without increasing costs, spurring its use in the expanding food processing sector and manufacturing industry.

The increasing use of palm oil in cosmetics and personal care products is contributing significantly to the market growth. Palm oil's moisturizing properties, oxidative stability, and compatibility with other ingredients make it ideal for soaps, lotions, shampoos, creams, etc. Rising disposable income and growing self-care awareness are driving consumer demand for natural and plant-based beauty products. The move towards local production of personal care products supports the consumption of readily available raw materials such as palm oil, driving steady growth in this application segment.

The Philippine government's expanding biodiesel mandate and renewable energy policies are also driving market growth. Palm oil is the primary feedstock for biodiesel production, which reduces dependency on fossil fuels and promotes sustainability. The strengthening of biodiesel blending mandates and growing interest in renewable energy are increasing the demand for palm oil in biofuels. The Department of Energy's goal of promoting the use of biofuels is reinforcing palm oil's role as a strategic feedstock and cleaner alternative fuel, especially in urban areas plagued by air pollution.

Market Segmentation

application:

• home cooking
• Food and Beverage
• Oleochemicals
• Personal Care
• animal feed
• biofuels

Regional Insights:

• Luzon
• Visayan Islands
• Mindanao

Recent Developments & News

• October 2025: The Philippine government, in collaboration with educational institutions, launched an awareness program to promote the use of sustainable palm oil, in line with its biofuel expansion policy and environmental goals.
• August 2025: A leading palm oil supplier announces a significant expansion of its distribution network across Luzon and Visayas to improve accessibility and meet growing demand in the food and personal care sectors.
• June 2025: Market reports show palm oil consumption is growing significantly due to increased processed food production and cosmetics manufacturing, reflecting a shift towards convenience foods and natural beauty products.

Note: If you require specific information that is not currently included in the scope of the report, provide it as part of your customization.

Request a customized sample report from our analysts: https://www.imarcgroup.com/request?type=report&id=41108&flag=C

About Us

IMARC Group is a global management consulting firm that supports the world's most ambitious change-makers to create lasting impact. We offer comprehensive services for market entry and business expansion. IMARC's services include in-depth market assessments, feasibility studies, company formation assistance, factory formation assistance, regulatory approval and licensing assistance, branding, marketing and sales strategies, competitive and benchmark analysis, price and cost studies, and procurement studies.

inquiry

IMARC Group,

134 N 4th St. Brooklyn, NY 11249, United States

Email: sales@imarcgroup.com

Tel: (D) +91 120 433 0800,

USA: +1-201-971-6302