The Philippines savory snacks market is expected to experience robust growth, with a projected increase of USD 1.2 billion and a compound annual growth rate (CAGR) of approximately 8.5% throughout the forecast period. The savory snacks market in the Philippines is thriving, fueled by a growing, urbanized population that is increasingly adopting convenient, on-the-go snacking habits. Chips, extruded snacks, and peanuts are in high demand, particularly in urban areas. The popularity of both local flavours, such as adobo and vinegar chips, and Western-style snacks, is driving market diversity. Moreover, a growing interest in healthier alternatives, including baked and organic snacks, is contributing to the market’s expansion.
The report provides a comprehensive analysis of the Philippines savory snacks industry, presenting detailed market data including historical market size, growth rates, and future forecasts. It offers an in-depth examination of various market categories and subcategories, with a particular focus on key factors such as product type, packaging material and distribution channel. The insights gained from this evaluation help reveal the growth potential within the savory snacks sector.
Market Segmentation
The segmentation of the Philippines savory snacks market is outlined below:
Product type: corn and tortilla chips, meat snacks, nuts and seeds, popcorn, potato chips, puffed snacks, rice snacks, savoury biscuits and crackers, seafood snacks, others
Packaging material: flexible packaging, paper and board, rigid plastics, others
Distribution channel: convenience stores, forecourt stores, supermarkets and hypermarkets, grocery stores, e-commerce, others
In Philippines, the savory snacks market is segmented by product type, packaging material and distribution channel. In terms of product type, the market is segmented into corn and tortilla chips, meat snacks, nuts and seeds, popcorn, potato chips, puffed snacks, rice snacks, savoury biscuits and crackers, seafood snacks, and others. Packaging material segments cover flexible packaging, paper and board, rigid plastics, and others. Distribution channel segmentation comprises convenience stores, forecourt stores, supermarkets and hypermarkets, grocery stores, e-commerce, and others.
Competitive Landscape
Key players dominating the savory snacks market include Tobi Marketing Inc., Republic Biscuit Corp., Regent Food Corporation, PepsiCo Inc., Monde Nissin Corporation (MNC), Liwayway Marketing Corp., Leslie Corp., Kellanova, Joe & Susan Foods Phil, JG Summit Holdings Inc., Hormel Foods Corp., GFI Enterprises Inc., Food Industries Inc., American Pop Corn Company and Alliance global Group Inc.
This report presents an extensive analysis of major entities in the savory snacks market, focusing on their performance from 2019 to 2023. Findings showcase changes in market share, recognizing both long-standing leaders and new challengers.
Why Buy This Report?
Obtain precise statistical data and forecasts for the Philippines savory snacks market.
Gain in-depth analysis and forecasts for the key segments of the Philippines savory snacks market: product type, packaging material 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 savory snacks market.
Identify high-potential investment opportunities by targeting growth sectors and emerging trends.
Anticipate the future trajectory of the Philippines savory 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
Report Scope
Research Methodology
Market Overview
Philippines Savory Snacks Market – Product Type Analysis
Philippines Savory Snacks Market – Packaging Material Analysis
Philippines Savory Snacks Market – Distribution Channel Analysis
Key Players and Market Share
– Tobi Marketing, Inc.
– Republic Biscuit Corp.
– Regent Food Corporation
– PepsiCo, Inc.
– Monde Nissin Corporation (MNC)
– Liwayway Marketing Corp.
– Leslie Corp.
– Kellanova
– Joe & Susan Foods Phil
…
Macroeconomic Data and Forecast
Disclaimer
FIGURES AND TABLES
Table Philippines Savory Snacks Market 2019-2029
Chart Philippines Savory Snacks Market, Net Growth, 2019-2029
Chart Philippines Savory Snacks Market, Growth Rates, 2019-2029
Table Philippines Savory Snacks Market by Product Type, 2019-2029
Chart Philippines Savory Snacks Market by Product Type, CAGR Historic and Forecast, 2019-2029
Chart Philippines Savory Snacks Market by Product Type, 2019-2029
Table Philippines Savory Snacks Market by Packaging Material, 2019-2029
Chart Philippines Savory Snacks Market by Packaging Material, CAGR Historic and Forecast, 2019-2029
Chart Philippines Savory Snacks Market by Packaging Material, 2019-2029
Table Philippines Savory Snacks Market by Distribution Channel, 2019-2029
Chart Philippines Savory Snacks Market by Distribution Channel, CAGR Historic and Forecast, 2019-2029
Chart Philippines Savory Snacks Market by Distribution Channel, 2019-2029
Table Philippines Savory Snacks Market Share (%), by Companies, 2019-2023
Chart Philippines Savory Snacks Market, by Companies, 2023
Table Philippines Savory Snacks Market Share (%), by Brands, 2019-2023
Chart Philippines Savory Snacks 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 Savory Snacks Market: Spend as a Proportion of GDP (%)
Table Philippines Savory Snacks Market: Consumption per Capita (Population)
Companies Mentioned
Tobi Marketing, Inc.
Republic Biscuit Corp.
Regent Food Corporation
PepsiCo, Inc.
Monde Nissin Corporation (MNC)
Liwayway Marketing Corp.
Leslie Corp.
Kellanova
Joe & Susan Foods Phil
JG Summit Holdings, Inc.
Hormel Foods Corp.
GFI Enterprises, Inc.
Food Industries, Inc.
American Pop Corn Company
Alliance Global Group, Inc.