The Philippines coconut oil market is projected to grow at a CAGR of 2.70% between 2025 and 2034.
Base Year
Historical Year
Forecast Year
According to the PSA, accommodation and food Service Activities establishments numbers showed a YOY growth of 15.4% in 2021.
According to ITA, women account for 54.6% of the population, and most of them are aged between19 to 64 in 2022.
Data from the PSA revealed that the restaurant and food service activities industry generated about PhP 556.62 billion in 2021.
Value in USD Million
2025-2034
Philippines Coconut Oil Market Outlook
*this image is indicative*
Due to the many health benefits associated with using coconut oil for cooking, these oils are widely becoming popular among consumers. Having a high smoke point and stable saturated fat composition make them suitable for frying and baking applications imparting a distinct flavour to dishes. Mostly used in snacks, baked and dairy alternative food products to enhance their texture and shelf life.
In August 2023, the Department of Agriculture and the Philippine Coconut Authority initiated the 100 million seedlings project to bolster coconut cultivation in Mindanao and the northern regions. The project received an initial funding of PHP 100 million. In collaboration with the indigenous population, this project aimed to use open areas for planting and ensure environmental conservation.
The presence of lauric acid, a medium-chain fatty acid in coconut oil allows it to have antibacterial, antifungal and antiviral properties making it suitable for the pharmaceutical industry. Moreover, due to their moisturizing properties, they are used across a wide range of creams, lotions and hair care formulations. The neuroprotective and cognitive-enhancing effects of consuming this oil make it a suitable ingredient to produce many health supplements.
Philippines Coconut Oil Market Report and Forecast 2025-2034 offers a detailed analysis of the market based on the following segments:
Market Breakup by Product Type
Market Breakup by Nature
Market Breakup by Source
Market Breakup by Application
Dry coconut, with higher oil content and longer shelf life, is ideal for economical coconut oil extraction, offering quality and nutritional consistency. Wet coconut, used for virgin coconut oil, retains natural taste and nutrients, suitable for culinary uses, enhancing metabolism and immune health.
The growth of the coconut oil market is fueled by increased consumption of food and beverages due to growing awareness of its culinary benefits. Its usage across industries also contributes to its expansion.
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
Get in touch with us for a customized solution tailored to your unique requirements and save upto 35%!
The market is projected to grow at a CAGR of 2.70% between 2025 and 2034.
The coconut oil market is categorised according to its application in industry, which includes Food and Beverages, pharmaceuticals, cosmetics and personal care, among others.
The key players in the coconut oil industry are Greenville Agro Corporation, Royce Food Corporation, Archer-Daniels-Midland Co., Cargill Inc., Tantuco Enterprises, Inc., Celebes Coconut Corporation, Bunge Global S.A., and HanCole Corporation, among others.
Based on the product type, the market is divided into RBD, virgin and crude.
Based on the nature, the market is divided into conventional and organic.
Explore our key highlights of the report and gain a concise overview of key findings, trends, and actionable insights that will empower your strategic decisions.
| REPORT FEATURES | DETAILS |
| Base Year | 2024 |
| Historical Period | 2018-2024 |
| Forecast Period | 2025-2034 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
|
| Breakup by Product Type |
|
| Breakup by Nature |
|
| Breakup by Source |
|
| Breakup by Application |
|
| Market Dynamics |
|
| Competitive Landscape |
|
| Companies Covered |
|
Datasheet
One User
USD 2,499
USD 2,249
tax inclusive*
Single User License
One User
USD 3,999
USD 3,599
tax inclusive*
Five User License
Five User
USD 4,999
USD 4,249
tax inclusive*
Corporate License
Unlimited Users
USD 5,999
USD 5,099
tax inclusive*
*Please note that the prices mentioned below are starting prices for each bundle type. Kindly contact our team for further details.*
Flash Bundle
Small Business Bundle
Growth Bundle
Enterprise Bundle
*Please note that the prices mentioned below are starting prices for each bundle type. Kindly contact our team for further details.*
Flash Bundle
Number of Reports: 3
20%
tax inclusive*
Small Business Bundle
Number of Reports: 5
25%
tax inclusive*
Growth Bundle
Number of Reports: 8
30%
tax inclusive*
Enterprise Bundle
Number of Reports: 10
35%
tax inclusive*
How To Order
Our step-by-step guide will help you select, purchase, and access your reports swiftly, ensuring you get the information that drives your decisions, right when you need it.
Select License Type
Choose the right license for your needs and access rights.
Click on ‘Buy Now’
Add the report to your cart with one click and proceed to register.
Select Mode of Payment
Choose a payment option for a secure checkout. You will be redirected accordingly.
Track prices with detailed trend reports.
Analyse trade data for supply chain insights.
Leverage cost reports for smart savings
Enhance supply chain with partnerships.
Gain insights to stay ahead and seize opportunities.
Get insights & trends for a competitive edge.
Track prices with detailed trend reports.
Analyse trade data for supply chain insights.
Leverage cost reports for smart savings
Enhance supply chain with partnerships.
Gain insights to stay ahead and seize opportunities.
Get insights & trends for a competitive edge.
Track prices with detailed trend reports.
Analyse trade data for supply chain insights.
Connect For More Information
Our expert team of analysts will offer full support and resolve any queries regarding the report, before and after the purchase.
Our expert team of analysts will offer full support and resolve any queries regarding the report, before and after the purchase.
We employ meticulous research methods, blending advanced analytics and expert insights to deliver accurate, actionable industry intelligence, staying ahead of competitors.
Our skilled analysts offer unparalleled competitive advantage with detailed insights on current and emerging markets, ensuring your strategic edge.
We offer an in-depth yet simplified presentation of industry insights and analysis to meet your specific requirements effectively.
Australia
63 Fiona Drive, Tamworth, NSW
+61-448-061-727
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-723-689-1189
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City,1226.
+63-287-899-028, +63-967-048-3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
United States
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84-865-399-124
United States (Head Office)
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Australia
63 Fiona Drive, Tamworth, NSW
+61-448-061-727
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-723-689-1189
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.
+63-287-899-028, +63-967-048-3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84-865-399-124
Share