Philippines Avocado Oil Market

Philippines Avocado Oil Market Overview:

The Philippines avocado oil market size reached a volume of USD 2.75 Million in 2024. The market is projected to reach a volume of USD 4.75 Million by 2033, exhibiting a growth rate (CAGR) of 5.63% during 2025-2033. The growth in the market is fueled by increasing consumer trend towards health and wellness, with avocado oil being viewed as a superior, nutrient-dense substitute for traditional cooking oils. In addition to this, increasing knowledge of its advantages is further boosting demand across the food and personal care segments. Other than this, increasing retail channels expansion, and rising product availability via supermarkets and online retailers are augmenting the Philippines avocado oil market share.

Philippines Avocado Oil Market Trends:

Increased Demand for Health and Well-being Products

The industry is increasingly influenced by the increasing focus on health and well-being among customers. With an increase in lifestyle diseases like obesity, high blood pressure, and cardiovascular disease, there is an increased sense of the need for healthier food options. According to industry reports, around 38% of Filipino adults now have a high Body Mass Index (BMI), and this is expected to grow to 34.12 million adults by 2030. Avocado oil, which contains high levels of monounsaturated fats, antioxidants, and vitamins, is generally considered a functional oil that promotes heart health, minimizes inflammation, and maximizes nutrient absorption. This realization has given rise to its increased utilization not just in domestic cooking but also in dietary supplements and nutraceutical applications. Furthermore, the worldwide clean-label and natural ingredient trend is also very much alive in the Philippines, where health-oriented consumers are turning towards high-quality oils that contain no additives or preservatives. The adoption of avocado oil in healthy snack food formulations, salad dressings, and organic food products has also widened its application. This health-facilitated consumption trend is bound to maintain robust market momentum as Filipino consumers remain focused on preventive healthcare via nutrition.

Growth in Beauty and Personal Care Uses

Another notable market trend is its growing position in personal care and beauty products. Avocado oil's inherent moisturizing, anti-aging, and healing attributes have made it a trendy ingredient in cosmetics, hair care, and skin care. With the humid climate of the country, most consumers seek light, non-greasy textures that offer protection and moisturization, thereby rendering avocado oil a promising candidate for facial oils, creams, and lotions. Additionally, its vitamins E and K content, along with essential fatty acids, enable it to restore elasticity in the skin, repair damaged skin, and alleviate inflammation. Domestic and foreign cosmetic companies are increasingly promoting avocado oil-based products as natural substitutes for synthetic compounds, with the growing demand for sustainable and plant-based ingredients. Furthermore, the development of the Philippines' wellness and spa business has driven demand for avocado oil for aromatherapy and massage oil. The trend is representative of an overall consumer movement toward safer self-care products that are both healthy and beautiful.

Expansion of Culinary Innovations and Foodservice Incorporation

Incorporation of avocado oil into culinary innovations and the larger foodservice market is driving the Philippines avocado oil market growth. As consumer palates mature, there is an increasing demand for gourmet cooking as well as high-quality ingredients, with avocado oil being used in traditional Filipino cuisine as well as international cooking. Its smoke point is high, which allows it to be used for frying, grilling, and roasting, and its mild taste raises the flavor of salads, dips, and sauces. Restaurants, bistros, and health-oriented restaurants are now featuring avocado oil in their offerings to meet diners' demands for healthy and delicious food. In addition, food producers are testing avocado oil in packaged foods, baked foods, and prepared meals to stand out in a crowded market. Increasing adoption of plant-based and clean-eating styles in the Philippines also creates opportunities for culinary take-up. The trend underscores the extent to which avocado oil is expanding beyond niche application and becoming an all-purpose oil embraced by chefs, foodservice, and consumers.

Philippines Avocado Oil Market Segmentation:

IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the country and regional levels 2025-2033. Our report has categorized the market based on product type, application, and distribution channel.

Product Type Insights:

• Extra-Virgin Oil
• Refined Oil
• Blends
• Others

The report has provided a detailed breakup and analysis of the market based on the product type. This includes extra-virgin oil, refined oil, blends, and others.

Application Insights:

• Food and Beverages
• Cosmetics
• Pharmaceuticals
• Others

A detailed breakup and analysis of the market based on the application have also been provided in the report. This includes food and beverages, cosmetics, pharmaceuticals, and others.

Distribution Channe Insights:

• Business to Business
• Business to Consumer
  • Supermarkets/Hypermarkets
  • Convenience Stores
  • Online Stores
  • Others

The report has provided a detailed breakup and analysis of the market based on the distribution channel. This includes business to business and business to consumer (supermarkets/hypermarkets, convenience stores, online stores, and others).

Regional Insights:

• Luzon 
• Visayas 
• Mindanao 

The report has also provided a comprehensive analysis of all the major regional markets, which include Luzon, Visayas, and Mindanao.

Competitive Landscape:

The market research report has also provided a comprehensive analysis of the competitive landscape. Competitive analysis such as market structure, key player positioning, top winning strategies, competitive dashboard, and company evaluation quadrant has been covered in the report. Also, detailed profiles of all major companies have been provided.

Philippines Avocado Oil Market Report Coverage:

Key Questions Answered in This Report:

• How has the Philippines avocado oil market performed so far and how will it perform in the coming years?
• What is the breakup of the Philippines avocado oil market on the basis of product type?
• What is the breakup of the Philippines avocado oil market on the basis of application?
• What is the breakup of the Philippines avocado oil market on the basis of distribution channel?
• What is the breakup of the Philippines avocado oil market on the basis of region?
• What are the various stages in the value chain of the Philippines avocado oil market? 
• What are the key driving factors and challenges in the Philippines avocado oil market?
• What is the structure of the Philippines avocado oil market and who are the key players?
• What is the degree of competition in the Philippines avocado oil market? 

Key Benefits for Stakeholders:

• IMARC’s industry report offers a comprehensive quantitative analysis of various market segments, historical and current market trends, market forecasts, and dynamics of the Philippines avocado oil market from 2019-2033.
• The research report provides the latest information on the market drivers, challenges, and opportunities in the Philippines avocado oil market.
• Porter's five forces analysis assist stakeholders in assessing the impact of new entrants, competitive rivalry, supplier power, buyer power, and the threat of substitution. It helps stakeholders to analyze the level of competition within the Philippines avocado oil industry and its attractiveness.
• Competitive landscape allows stakeholders to understand their competitive environment and provides an insight into the current positions of key players in the market.