Philippines Snacks Market 2025

The Philippines snacks market is on track for a substantial increase of USD 2.5 billion, indicating a CAGR of roughly 8.7% during the forecast period from 2025 to 2030. The Philippines’ snack market is evolving as convenience retail expands and flavor preferences diversify. With over 110 million people and one of the region’s youngest populations, snacking has emerged as an essential daily habit. Economic hubs like Metro Manila, Cebu, and Davao are witnessing explosive growth in 24/7 convenience stores, fueling round-the-clock availability of packaged snacks. Impulse buying and multi-occasion usage – work, school, commute – are pushing manufacturers to offer portioned packaging and bundled promotions. This “snack economy” is becoming a key driver of sales volume and brand recall.

Domestic agricultural integration is a complementary trend. Government support for value-added agriculture is encouraging producers to convert local ingredients – banana, cassava, coconut – into branded snacks. Agencies like the Department of Trade and Industry (DTI) are backing rural entrepreneurs through training, marketing grants, and SME export facilitation. These moves are boosting rural income while supplying authentic, locally sourced snack products to urban centers and overseas Filipino communities. The convergence of youth culture, convenience, and agri-backed entrepreneurship is driving structural transformation in the sector.

Focused on delivering actionable insights, this report explores the Philippines snacks market, analyzing historical performance from 2020 to 2024 and providing forecasts up to 2030. It assesses market size, growth dynamics, and segment-specific trends, highlighting the factors driving change in the industry. By breaking down the market into product type and distribution channel, the report equips decision-makers with a clear understanding of the competitive landscape and growth potential.

Market Segmentation

The following outlines the segmentation of the Philippines snacks market:
Product type: confectionery (chocolate confectionery, gum, sugar confectionery), ice cream and frozen dessert (frozen yoghurt, impulse ice creams, plant-based ice creams, take-home ice creams), savory snacks (corn and tortilla chips, meat snacks, nuts and seeds, popcorn, potato chips, puffed snacks, rice snacks, savoury biscuits and crackers, seafood snacks, others), fruit snacks, snack bars, sweet biscuits (chocolate biscuits, cookies, plain biscuits, stuffed biscuits, wafers)
Distribution channel: convenience stores, e-commerce, food specialty stores, forecourts, health stores, hypermarkets, small grocery stores, supermarkets, others

The segmentation of the Philippines snacks market product type and distribution channel. In terms of product type, the market is segmented into confectionery (chocolate confectionery, gum, sugar confectionery), ice cream and frozen dessert (frozen yoghurt, impulse ice creams, plant-based ice creams, take-home ice creams), savory snacks (corn and tortilla chips, meat snacks, nuts and seeds, popcorn, potato chips, puffed snacks, rice snacks, savoury biscuits and crackers, seafood snacks, others), fruit snacks, snack bars, and sweet biscuits (chocolate biscuits, cookies, plain biscuits, stuffed biscuits, wafers). Distribution channel segmentation comprises convenience stores, e-commerce, food specialty stores, forecourts, health stores, hypermarkets, small grocery stores, supermarkets, and others.

Competitive Landscape

Leading companies in the snacks market comprise Aice Group Holdings Pte Ltd., Alliance global Group Inc., Arcefoods Corporation, August Storck KG, Columbia International Food Products Inc., Commonwealth Foods Inc., Delfi Limited, Ferrero International S.A., Food Industries Inc., GFI Enterprises Inc., Grand Alphatech International Corp., Hormel Foods Corp., JG Summit Holdings Inc., Joe & Susan Foods Phil, Kellanova, Leslie Corp., Liwayway Marketing Corp., Mars Incorporated, Meiji Holdings Co. Ltd., Monde Nissin Corporation (MNC), Mondelez International Inc., Nabati Group, Nestle S.A., PepsiCo Inc., Perfetti Van Melle Group, PT. Mayora Indah Tbk, Regent Food Corporation, Republic Biscuit Corp., San Miguel Corporation, The Hershey Company, Tobi Marketing Inc. and Unilever PLC.

This report delivers an in-depth examination of leading companies in the snacks sector, analyzing their performance from 2020 to 2024. The results indicate changes in market share, emphasizing both established leaders and new entrants.

Why Buy This Report?

Obtain precise statistical data and forecasts for the Philippines snacks market.
Gain in-depth analysis and forecasts for the key segments of the Philippines snacks market: product 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 snacks market.
Identify high-potential investment opportunities by targeting growth sectors and emerging trends.
Anticipate the future trajectory of the Philippines snacks market with informed projections.
Assess the competitive landscape to determine the ideal timing for capitalizing on market opportunities.
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Table of Contents

TABLE OF CONTENTS
Key Findings
Market Segmentation
Market Overview
Philippines Snacks Market – Product Type Analysis
Philippines Snacks Market – Distribution Channel Analysis
Company Shares Analysis
Aice Group Holdings Pte Ltd.
Alliance Global Group, Inc.
Arcefoods Corporation
August Storck KG
Columbia International Food Products Inc.
Commonwealth Foods, Inc.
Delfi Limited
Ferrero International S.A.
Food Industries, Inc.
…
Macroeconomic Data and Forecast
Research Methodology
Disclaimer

FIGURES AND TABLES
Table Philippines Snacks Market 2020-2030
Chart Philippines Snacks Market, Net Growth, 2020-2030
Chart Philippines Snacks Market, Growth Rates, 2020-2030
Table Philippines Snacks Market by Product Type, 2020-2030
Chart Philippines Snacks Market by Product Type, CAGR Historic and Forecast, 2020-2030
Chart Philippines Snacks Market by Product Type, 2020-2030
Table Philippines Snacks Market by Distribution Channel, 2020-2030
Chart Philippines Snacks Market by Distribution Channel, CAGR Historic and Forecast, 2020-2030
Chart Philippines Snacks Market by Distribution Channel, 2020-2030
Table Philippines Snacks Market Share (%), by Companies, 2020-2024
Chart Philippines Snacks Market, by Companies, 2024
Table Philippines Snacks Market Share (%), by Brands, 2020-2024
Chart Philippines Snacks 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 Snacks Market: Spend as a Proportion of GDP (%)
Table Philippines Snacks Market: Consumption per Capita (Population)

Companies Mentioned

Aice Group Holdings Pte Ltd.
Alliance Global Group, Inc.
Arcefoods Corporation
August Storck KG
Columbia International Food Products Inc.
Commonwealth Foods, Inc.
Delfi Limited
Ferrero International S.A.
Food Industries, Inc.
GFI Enterprises, Inc.
Grand Alphatech International Corp.
Hormel Foods Corp.
JG Summit Holdings, Inc.
Joe & Susan Foods Phil
Kellanova
Leslie Corp.
Liwayway Marketing Corp.
Mars, Incorporated
Meiji Holdings Co., Ltd.
Monde Nissin Corporation (MNC)
Mondelez International Inc.
Nabati Group
Nestle S.A.
PepsiCo, Inc.
Perfetti Van Melle Group
PT. Mayora Indah, Tbk
Regent Food Corporation
Republic Biscuit Corp.
San Miguel Corporation
The Hershey Company
Tobi Marketing, Inc.
Unilever PLC