Philippines Olive Oil Market to 2032

Overview

The Philippines Olive Oil Market is expected to reach a 61.68 USD Billion by 2032 and is projected to grow at a CAGR of 3.78% from 2025 to 2032.

Revenue, 2024 (USD Billion)
49.47
Forecast, 2032 (USD Billion)
61.68
CAGR, 2024 - 2032
3.78%
Report Coverage
Philippines

Philippines Olive Oil Market 2018-2032 USD Billion

Philippines Olive Oil Market, Key Findings (2025-2032)

Market Growth and Projections:

  • Market Size (2024): 49.47 USD Billion
  • Projected Market Size (2032): 61.68 USD Billion
  • CAGR (2025-2032): 3.78%

Key Findings of Philippines Olive Oil Market

  • The Philippines Olive Oil Market was valued at 49.47 USD Billion in 2024.
  • The Philippines Olive Oil Market is likely to grow at a CAGR of 3.78% during the forecast period of 2024 to 2032.
  • In 2024, the Largest segment Store Based in Distribution Channel Segment accounted for the largest share of the market with a revenue of 25.63 USD Billion
  • The fastest growing segment Extra Virgin Olive Oil in Type Segment grew Fastest with a CAGR of 6.10% during the forecast period from 2024 to 2032.

Philippines Olive Oil Market Scope

Philippines Olive Oil Market Segmentation & Scope
Extraction Method
  • First-Press
  • Cold-Pressed
  • Cold-Extracted
Application
  • Others
  • Aromatherapy
  • Pharmaceutical
  • Cosmetics & Personal Care
  • Food & Beverages
Flavour
  • Full-Bodied & Earthy
  • Mild & Buttery
  • Fruity & Peppery
  • Fruity & Herby
Type
  • Pomace Olive Oil
  • Lite/Light Olive Oil
  • Refined Olive Oil
  • Common Olive Oil
  • Virgin Olive Oil
  • Extra Virgin Olive Oil
Distribution Channel
  • Non Store Based
  • Store Based

Philippines Olive Oil Market Data Coverage Insights

Study Period 2024-2032
Base Year 2021
Unit Revenue in USD Billion
Market Value in 2024 49.47 USD Billion
Market Value in 2032 61.68 USD Billion
CAGR (2025-2032) 3.78%
Historic Data 2016-2023
Market Segments Covered Extraction Method,Application,Flavour,Type,Distribution Channel

Regional Insights:

  • Leading Market (2024-2032): Philippines, leading in terms of revenue 49.47 USD Billion in 2024
    • Key Country: Philippines, leading in terms of revenue with value of 49.47 USD Billion in 2024.

Segments and Scope

  • Philippines Olive Oil Market to 2032, By Extraction Method
    • Cold-Extracted is the largest segment in Philippines Olive Oil Market to 2032 with a revenue of 24.60 USD Billion in the year 2024.
    • Cold-Extracted is the Fastest growing segment in Philippines Olive Oil Market to 2032 with a Growth rate of 4.70 % in forecast period 2025-2032.
  • Philippines Olive Oil Market to 2032, By Application
    • Food & Beverages is the largest segment in Philippines Olive Oil Market to 2032 with a revenue of 16.13 USD Billion in the year 2024.
    • Food & Beverages is the Fastest growing segment in Philippines Olive Oil Market to 2032 with a Growth rate of 5.19 % in forecast period 2025-2032.
  • Philippines Olive Oil Market to 2032, By Flavour
    • Fruity & Herby is the largest segment in Philippines Olive Oil Market to 2032 with a revenue of 17.72 USD Billion in the year 2024.
    • Fruity & Herby is the Fastest growing segment in Philippines Olive Oil Market to 2032 with a Growth rate of 5.11 % in forecast period 2025-2032.
  • Philippines Olive Oil Market to 2032, By Type
    • Extra Virgin Olive Oil is the largest segment in Philippines Olive Oil Market to 2032 with a revenue of 15.10 USD Billion in the year 2024.
    • Extra Virgin Olive Oil is the Fastest growing segment in Philippines Olive Oil Market to 2032 with a Growth rate of 6.10 % in forecast period 2025-2032.
  • Philippines Olive Oil Market to 2032, By Distribution Channel
    • Store Based is the largest segment in Philippines Olive Oil Market to 2032 with a revenue of 25.63 USD Billion in the year 2024.
    • Non Store Based is the Fastest growing segment in Philippines Olive Oil Market to 2032 with a Growth rate of 3.36 % in forecast period 2025-2032.

Philippines Olive Oil Market Company Share Analysis

 
Company Name Company Share Analysis
SOVENA
BORGES INTERNATIONAL GROUP, S.L.U.
Cargill, Incorporated
GRUPPO SALOV
Del Monte Foods, Inc
Philippines Olive Oil Market Company Share Analysis

Philippines Olive Oil Market Geographical Sales Distribution, 2018-2032 USD Billion

Philippines Olive Oil Market Geographical Sales Distribution, 2018-2032 USD Billion

Philippines Olive Oil Market Company Profiling

Philippines Olive Oil Market Company Profiling
Frequently Asked Questions
The Philippines Olive Oil Market is segmented based on Segmentation Extraction Method,Application,Flavour,Type,Distribution Channel.
Philippines Olive Oil Market was valued at USD 49.47(Revenue in USD Billion) in 2021.
Philippines Olive Oil Market is projected to grow at a CAGR of 3.78% during the forecast period of 2024 to 2032.
The Store Based segment is expected to dominate the Philippines Olive Oil Market, holding a largest market share of 25.63 USD Billion in 2024

Philippines Olive Oil Market Scope

Philippines Olive Oil Market Segmentation & Scope
Extraction Method
  • First-Press
  • Cold-Pressed
  • Cold-Extracted
Application
  • Others
  • Aromatherapy
  • Pharmaceutical
  • Cosmetics & Personal Care
  • Food & Beverages
Flavour
  • Full-Bodied & Earthy
  • Mild & Buttery
  • Fruity & Peppery
  • Fruity & Herby
Type
  • Pomace Olive Oil
  • Lite/Light Olive Oil
  • Refined Olive Oil
  • Common Olive Oil
  • Virgin Olive Oil
  • Extra Virgin Olive Oil
Distribution Channel
  • Non Store Based
  • Store Based
Frequently Asked Questions
The Philippines Olive Oil Market is segmented based on Segmentation Extraction Method,Application,Flavour,Type,Distribution Channel.
Philippines Olive Oil Market was valued at USD 49.47(Revenue in USD Billion) in 2021.
Philippines Olive Oil Market is projected to grow at a CAGR of 3.78% during the forecast period of 2024 to 2032.
The estimated market value of the Philippines Olive Oil Market for final year is USD 61.68 (USD Billion).

Philippines Olive Oil Market Company Profiling

Philippines Olive Oil Market Company Profiling
Frequently Asked Questions
The Philippines Olive Oil Market is segmented based on Segmentation Extraction Method,Application,Flavour,Type,Distribution Channel.
Philippines Olive Oil Market was valued at USD 49.47(Revenue in USD Billion) in 2021.
Philippines Olive Oil Market is projected to grow at a CAGR of 3.78% during the forecast period of 2024 to 2032.
The estimated market value of the Philippines Olive Oil Market for final year is USD 61.68 (USD Billion).

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