The Philippines Herbs & Spices Market size was valued at around USD312 million in 2024 and is expected to reach USD398 million by 2030. Along with this, the market is estimated to grow at a CAGR of around 7.14% during the forecast period, i.e., 2025-30.
Philippines Herbs & Spices Market Driver:
Expansion of Food Industry Driving Market Growth – The market growth is driven by the rapid expansion of the food industry in the country, which is ultimately increasing the demand for naturally occurring herbs and spices. On average, in 2024, almost 40,000 metric tons of herbs and spices were used in the Philippines, showing high demand for these. It has led to the high production of herbs and spices in the different parts of the country, such as the Cordillera, Central Luzon, and Bicol. For instance, the annual production capacity for Siling Labuyo (Chilli Pepper) is about 8,000 metric tons. Similarly, the Luya (Ginger) is approximately 10,000 to 12,000 tons per year.
Moreover, the country has witnessed a rapid increase in the inbound tourist arrivals in recent years due to its pristine beaches, Filipino cuisine, and cultural events, which have increased the demand for a strong extension of the food industry and hospitality. For instance, in 2024, the country received about 5.4 million tourist arrivals, which is approximately 8% more than the previous year. Therefore, many new food service outlets have been incorporated in the country. For instance, over 1,500 food service outlets were added in 2025 alone in the Philippines, which increased the demand for a substantial amount of herbs and spices.
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Market Dimensions & Projections
- Pricing Evaluation
- Recent Strategic Moves by Companies
- Primary Stakeholders
- Import/Export Trend Analysis
- Competitive Landscape Assessment
- Emerging Opportunities
- Market Trends and Indicators
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Philippines Herbs & Spices Market Segmentation:
The market report categorizes the market based on different segments and geographical analysis.
Study Timeline:
-Base Year: 2024
-Historical Period: 2020 to 2023
-Forecast Period: 2025 to 2030
By Volume (Million Tons)
- By Product Type
- Herbs – Market Size & Forecast 2025–2030, USD Million
- Spices – Market Size & Forecast 2025–2030, USD Million
- Salt and Salt Substitutes – Market Size & Forecast 2025–2030, USD Million
- Blends and Mixes – Market Size & Forecast 2025–2030, USD Million
- By Distribution Channel
- Online Retail – Market Size & Forecast 2025–2030, USD Million
- Specialty Stores – Market Size & Forecast 2025–2030, USD Million
- Supermarkets/Hypermarkets – Market Size & Forecast 2025–2030, USD Million
- Others (Convenience Stores, Wet Markets) – Market Size & Forecast 2025–2030, USD Million
- By End-User
- Household – Market Size & Forecast 2025–2030, USD Million
- Commercial
- Food Processing – Market Size & Forecast 2025–2030, USD Million
- Food Service – Market Size & Forecast 2025–2030, USD Million
- Retail – Market Size & Forecast 2025–2030, USD Million
- By Region
- National Capital Region (NCR)
- Luzon
- Visayas
- Mindanao
Competitive Landscape
With strategic initiatives, such as mergers, collaborations, and acquisitions, the leading market companies, including – McCormick Philippines Inc., GCHI, Fitrite Incorporated, Leonie Agri Corp., Lanao Women’s Association (LAWA), SpiceHarvest Farms, HerbCrafters Inc., NutriSpices Producers, SpiceWorx Consultancy Inc., BSFIL Technologies Inc., Others
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