The Philippines cooking and edible oils market is expected to experience robust growth, with a projected increase of USD 0.7 billion and a CAGR of approximately 5.6% throughout the forecast period. The Philippines cooking and edible oils market is primarily driven by the country’s expanding population and increasing urbanization, which are fueling demand for edible oils. As incomes rise, there is also a noticeable shift towards packaged and processed foods, further boosting market growth.
Moreover, growing consumer awareness about health and nutrition is creating demand for healthier alternatives, such as rice bran oils. The expansion of retail distribution networks, including supermarkets and modern trade channels, is making a wider variety of oils accessible, supporting further market expansion.
This report provides a comprehensive analysis of the Philippines cooking and edible oils market, combining historical data from 2020 to 2024 with forward-looking projections through 2030. It examines market size, growth rates, and key trends, offering a detailed perspective on the industry’s evolution. The analysis is structured across critical dimensions, including product, packaging type and distribution channel, enabling stakeholders to identify opportunities and make informed strategic decisions.
Market Segmentation
The segmentation of the Philippines cooking and edible oils market is outlined below:
Product: olive oil, corn oil (maize oil), palm oil, rapeseed oil (canola oil), soybean oil, sunflower oil, others
Packaging type: flexible packaging, glass bottles, plastic bottles
Distribution channel: e-commerce, foodservice channels, hypermarkets, small grocery stores, supermarkets, others
The cooking and edible oils market in Philippines is segmented based on product, packaging type and distribution channel. The categorization of the market by product includes olive oil, corn oil (maize oil), palm oil, rapeseed oil (canola oil), soybean oil, sunflower oil, and others. Packaging type segmentation includes flexible packaging, glass bottles, and plastic bottles. Distribution channel segmentation comprises e-commerce, foodservice channels, hypermarkets, small grocery stores, supermarkets, and others.
Competitive Landscape
Within the competitive landscape, significant companies profiled in the report include A.D. Gothong Manufacturing Corporation, Fly Ace Corporation, International Oil Factory, Malabon Soap & Oil Industrial Co. Inc., Nutri-Asia Inc. (formerly Southeast Asia Food Inc.), PT Indofood Sukses Makmur Tbk and United Coconut Oil Mills Inc. (UNICOM). This report presents an extensive analysis of major entities in the cooking and edible oils market, focusing on their performance from 2020 to 2024. Findings showcase changes in market share, recognizing both long-standing leaders and new challengers.
Why Buy This Report?
Obtain precise statistical data and forecasts for the Philippines cooking and edible oils market.
Gain in-depth analysis and forecasts for the key segments of the Philippines cooking and edible oils market: product, packaging type and distribution channel.
Develop region-specific strategies and set strategic priorities based on localized data analysis.
Gain deep insights into the dynamics of the Philippines cooking and edible oils market.
Identify high-potential investment opportunities by targeting growth sectors and emerging trends.
Anticipate the future trajectory of the Philippines cooking and edible oils market with informed projections.
Assess the competitive landscape to determine the ideal timing for capitalizing on market opportunities.
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Table of Contents
TABLE OF CONTENTS
Key Findings
Market Segmentation
Market Overview
Philippines Cooking and Edible Oils Market – Product Analysis
Philippines Cooking and Edible Oils Market – Packaging Type Analysis
Philippines Cooking and Edible Oils Market – Distribution Channel Analysis
Company Shares Analysis
A.D. Gothong Manufacturing Corporation
Fly Ace Corporation
International Oil Factory
Malabon Soap & Oil Industrial Co., Inc.
Nutri-Asia, Inc. (formerly Southeast Asia Food, Inc.)
PT Indofood Sukses Makmur Tbk
United Coconut Oil Mills, Inc. (UNICOM)
Macroeconomic Data and Forecast
Research Methodology
Disclaimer
FIGURES AND TABLES
Table Philippines Cooking and Edible Oils Market 2020-2030
Chart Philippines Cooking and Edible Oils Market, Net Growth, 2020-2030
Chart Philippines Cooking and Edible Oils Market, Growth Rates, 2020-2030
Table Philippines Cooking and Edible Oils Market by Product, 2020-2030
Chart Philippines Cooking and Edible Oils Market by Product, CAGR Historic and Forecast, 2020-2030
Chart Philippines Cooking and Edible Oils Market by Product, 2020-2030
Table Philippines Cooking and Edible Oils Market by Packaging Type, 2020-2030
Chart Philippines Cooking and Edible Oils Market by Packaging Type, CAGR Historic and Forecast, 2020-2030
Chart Philippines Cooking and Edible Oils Market by Packaging Type, 2020-2030
Table Philippines Cooking and Edible Oils Market by Distribution Channel, 2020-2030
Chart Philippines Cooking and Edible Oils Market by Distribution Channel, CAGR Historic and Forecast, 2020-2030
Chart Philippines Cooking and Edible Oils Market by Distribution Channel, 2020-2030
Table Philippines Cooking and Edible Oils Market Share (%), by Companies, 2020-2024
Chart Philippines Cooking and Edible Oils Market, by Companies, 2024
Table Philippines Cooking and Edible Oils Market Share (%), by Brands, 2020-2024
Chart Philippines Cooking and Edible Oils Market, by Brands, 2024
Table Philippines – Population (Millions) and Forecast
Table Philippines – Consumer Price Index (CPI) and Forecast
Table Philippines – Gross Domestic Product and Forecast
Table Philippines Cooking and Edible Oils Market: Spend as a Proportion of GDP (%)
Table Philippines Cooking and Edible Oils Market: Consumption per Capita (Population)
Companies Mentioned
A.D. Gothong Manufacturing Corporation
Fly Ace Corporation
International Oil Factory
Malabon Soap & Oil Industrial Co., Inc.
Nutri-Asia, Inc. (formerly Southeast Asia Food, Inc.)
PT Indofood Sukses Makmur Tbk
United Coconut Oil Mills, Inc. (UNICOM)