Philippines Chocolate Confectionery Market 2025$425.0
Anticipated to grow steadily, the Philippines chocolate confectionery market is expected to rise from USD 516.3 million in 2024 to USD 899.8 million by 2030, with a CAGR of 9.7% throughout the forecast period. In the Philippines, the chocolate confectionery market is seeing growth driven by a rising middle-class population, greater disposable incomes, and a growing taste for Western-style snacks. The influence of Western culture, especially in urban areas, has led to an increasing preference for premium chocolate brands. Additionally, seasonal gifting and festive occasions, such as Christmas and Valentine’s Day, play a key role in driving demand for chocolate products.
This report provides a strategic analysis of the Philippines chocolate confectionery market, examining historical trends from 2020 to 2024 and forecasting developments through 2030. It assesses market size, growth trajectories, and key drivers of change, offering a comprehensive view of the industry’s future. By dissecting the market into product type, type and distribution channel, the report identifies high-potential opportunities and actionable strategies for market players to thrive in a competitive landscape.
Market Segmentation
The Philippines chocolate confectionery market is categorized into the following segments:
Product type: boxed chocolates, countlines, pouches and bags, tablets, others
Type: regular, sugar-free
Distribution channel: convenience stores, forecourt stores, supermarkets and hypermarkets, food and drinks stores, grocery stores, e-commerce, others
The Philippines chocolate confectionery market is segmented by product type, type and distribution channel. By product type, the market features boxed chocolates, countlines, pouches and bags, tablets, and others. Type segments are divided into regular, and sugar-free. Distribution channel segmentation comprises convenience stores, forecourt stores, supermarkets and hypermarkets, food and drinks stores, grocery stores, e-commerce, and others.
Competitive Landscape
Leading companies in the chocolate confectionery market include The Hershey Company, Nestle S.A., Morinaga & Company Ltd., Mondelez International Inc., Meiji Holdings Co. Ltd., Mars Incorporated, JG Summit Holdings Inc., Grupo Arcor S.A., Ferrero International S.A., Delfi Limited, Commonwealth Foods Inc., Chocoladefabriken Lindt & Sprungli AG and August Storck KG.
This comprehensive report analyzes the performance of leading companies in the chocolate confectionery sector from 2020 to 2024. The findings highlight shifts in market share, revealing both established market leaders and emerging competitors.
Why Buy This Report?
Obtain precise statistical data and forecasts for the Philippines chocolate confectionery market.
Gain in-depth analysis and forecasts for the key segments of the Philippines chocolate confectionery market: product type, 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 chocolate confectionery market.
Identify high-potential investment opportunities by targeting growth sectors and emerging trends.
Anticipate the future trajectory of the Philippines chocolate confectionery market with informed projections.
Assess the competitive landscape to determine the ideal timing for capitalizing on market opportunities.
A single unlimited user license within the same organization, with no additional charges for extra users.
Table of Contents
TABLE OF CONTENTS
Key Findings
Market Segmentation
Market Overview
Philippines Chocolate Confectionery Market – Product Type Analysis
Philippines Chocolate Confectionery Market – Type Analysis
Philippines Chocolate Confectionery Market – Distribution Channel Analysis
Company Shares Analysis
The Hershey Company
Nestle S.A.
Morinaga & Company, Ltd.
Mondelez International Inc.
Meiji Holdings Co., Ltd.
Mars, Incorporated
JG Summit Holdings, Inc.
Grupo Arcor S.A.
Ferrero International S.A.
…
Macroeconomic Data and Forecast
Research Methodology
Disclaimer
FIGURES AND TABLES
Table Philippines Chocolate Confectionery Market 2020-2030
Chart Philippines Chocolate Confectionery Market, Net Growth, 2020-2030
Chart Philippines Chocolate Confectionery Market, Growth Rates, 2020-2030
Table Philippines Chocolate Confectionery Market by Product Type, 2020-2030
Chart Philippines Chocolate Confectionery Market by Product Type, CAGR Historic and Forecast, 2020-2030
Chart Philippines Chocolate Confectionery Market by Product Type, 2020-2030
Table Philippines Chocolate Confectionery Market by Type, 2020-2030
Chart Philippines Chocolate Confectionery Market by Type, CAGR Historic and Forecast, 2020-2030
Chart Philippines Chocolate Confectionery Market by Type, 2020-2030
Table Philippines Chocolate Confectionery Market by Distribution Channel, 2020-2030
Chart Philippines Chocolate Confectionery Market by Distribution Channel, CAGR Historic and Forecast, 2020-2030
Chart Philippines Chocolate Confectionery Market by Distribution Channel, 2020-2030
Table Philippines Chocolate Confectionery Market Share (%), by Companies, 2020-2024
Chart Philippines Chocolate Confectionery Market, by Companies, 2024
Table Philippines Chocolate Confectionery Market Share (%), by Brands, 2020-2024
Chart Philippines Chocolate Confectionery 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 Chocolate Confectionery Market: Spend as a Proportion of GDP (%)
Table Philippines Chocolate Confectionery Market: Consumption per Capita (Population)
Companies Mentioned
The Hershey Company
Nestle S.A.
Morinaga & Company, Ltd.
Mondelez International Inc.
Meiji Holdings Co., Ltd.
Mars, Incorporated
JG Summit Holdings, Inc.
Grupo Arcor S.A.
Ferrero International S.A.
Delfi Limited
Commonwealth Foods, Inc.
Chocoladefabriken Lindt & Sprungli AG
August Storck KG
$425.0
What's Inside?
→ Market Estimates, Forecasts & Historical Data
→ Critical Performance Data and Rankings
→ Emerging Trends, Market Changes
→ PDF Report and Excel Datasheet
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