The Philippines confectionery market is projected to expand from USD 1,314.4 million in 2023 to USD 2,204.4 million by 2029, achieving a compound annual growth rate (CAGR) of 9% during the period from 2024 to 2029. In the Philippines, the confectionery market is fueled by rising disposable incomes and the growing popularity of indulgent snacks among the younger population. The expansion of modern retail channels, including convenience stores and supermarkets, is making confectionery products more accessible, while the demand for innovative flavors and healthier alternatives is rising.
The report delivers an in-depth analysis of the Philippines confectionery industry, offering extensive market data such as historical market size, growth trajectories, and forward-looking projections. It thoroughly examines key market categories and subcategories, emphasizing critical elements like product type, packaging type and distribution channel. By offering this detailed analysis, the report assists in uncovering the untapped potential of the confectionery market.
Market Segmentation
The following outlines the segmentation of the Philippines confectionery market:
Product type: chocolate, gums, sugar confectionery
Packaging type: flexible packaging, folding cartons, rigid plastic, metal, others
Distribution channel: convenience stores, forecourts, supermarkets and hypermarkets, specialized stores, small grocery stores, foodservice channels, e-commerce, others
The Philippines market for confectionery is divided based on product type, packaging type and distribution channel. By product type, it includes chocolate, gums, and sugar confectionery. Packaging type categories include flexible packaging, folding cartons, rigid plastic, metal, and others. Distribution channel segments are categorized into convenience stores, forecourts, supermarkets and hypermarkets, specialized stores, small grocery stores, foodservice channels, e-commerce, and others.
Competitive Landscape
Key players in the confectionery market consist of Trolli GmbH, The Hershey Company, Republic Biscuit Corp., PT. Mayora Indah Tbk, Perfetti Van Melle Group, Nestle S.A., Mondelez International Inc., Meiji Holdings Co. Ltd., Mars Incorporated, JG Summit Holdings Inc., Ferrero International S.A., Delfi Limited, Commonwealth Foods Inc., Columbia International Food Products Inc., Candyman Inc. and August Storck KG.
This report delivers an in-depth examination of leading companies in the confectionery sector, analyzing their performance from 2019 to 2023. 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 confectionery market.
Gain in-depth analysis and forecasts for the key segments of the Philippines confectionery market: product type, packaging 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 confectionery market.
Identify high-potential investment opportunities by targeting growth sectors and emerging trends.
Anticipate the future trajectory of the Philippines confectionery 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
Report Scope
Research Methodology
Market Overview
Philippines Confectionery Market – Product Type Analysis
Philippines Confectionery Market – Packaging Type Analysis
Philippines Confectionery Market – Distribution Channel Analysis
Key Players and Market Share
– Trolli GmbH
– The Hershey Company
– Republic Biscuit Corp.
– PT. Mayora Indah, Tbk
– Perfetti Van Melle Group
– Nestle S.A.
– Mondelez International Inc.
– Meiji Holdings Co., Ltd.
– Mars, Incorporated
…
Macroeconomic Data and Forecast
Disclaimer
FIGURES AND TABLES
Table Philippines Confectionery Market 2019-2029
Chart Philippines Confectionery Market, Net Growth, 2019-2029
Chart Philippines Confectionery Market, Growth Rates, 2019-2029
Table Philippines Confectionery Market by Product Type, 2019-2029
Chart Philippines Confectionery Market by Product Type, CAGR Historic and Forecast, 2019-2029
Chart Philippines Confectionery Market by Product Type, 2019-2029
Table Philippines Confectionery Market by Packaging Type, 2019-2029
Chart Philippines Confectionery Market by Packaging Type, CAGR Historic and Forecast, 2019-2029
Chart Philippines Confectionery Market by Packaging Type, 2019-2029
Table Philippines Confectionery Market by Distribution Channel, 2019-2029
Chart Philippines Confectionery Market by Distribution Channel, CAGR Historic and Forecast, 2019-2029
Chart Philippines Confectionery Market by Distribution Channel, 2019-2029
Table Philippines Confectionery Market Share (%), by Companies, 2019-2023
Chart Philippines Confectionery Market, by Companies, 2023
Table Philippines Confectionery Market Share (%), by Brands, 2019-2023
Chart Philippines Confectionery Market, by Brands, 2023
Table Philippines – Population (Millions) and Forecast
Table Philippines – Consumer Price Index (CPI) and Forecast
Table Philippines – Gross Domestic Product and Forecast
Table Philippines Confectionery Market: Spend as a Proportion of GDP (%)
Table Philippines Confectionery Market: Consumption per Capita (Population)
Companies Mentioned
Trolli GmbH
The Hershey Company
Republic Biscuit Corp.
PT. Mayora Indah, Tbk
Perfetti Van Melle Group
Nestle S.A.
Mondelez International Inc.
Meiji Holdings Co., Ltd.
Mars, Incorporated
JG Summit Holdings, Inc.
Ferrero International S.A.
Delfi Limited
Commonwealth Foods, Inc.
Columbia International Food Products Inc.
Candyman, Inc.
August Storck KG