Projections for the Philippines snacks market suggest a promising growth trajectory, with an anticipated rise of USD 2.5 billion and a compound annual growth rate (CAGR) nearing 8.7% over the next five years. The snacks market in the Philippines is seeing robust growth, driven by the rapid urbanization and the rising middle class. With more Filipinos working long hours in urban environments, the demand for convenient, affordable snacks has surged, particularly for items such as chips, cookies, and candies. Additionally, there is an increasing demand for healthier options, with consumers seeking out snacks that are low in sugar, high in protein, or made from organic ingredients. Rising disposable incomes and evolving taste preferences are further driving the popularity of premium snacks in urban centers.
This report presents a detailed overview of the Philippines snacks industry, including key data on historical market size, growth rates, and future trends. It offers an in-depth analysis of different market segments, paying close attention to factors like product type and distribution channel. This detailed analysis supports the identification of growth opportunities within the snacks industry.
Market Segmentation
The Philippines snacks market is structured as follows:
Product type: confectionery, ice cream and frozen dessert, savoury snacks, fruit snacks, snack bars, sweet biscuits
Distribution channel: convenience stores, supermarkets and hypermarkets, grocery stores, bars and HoReCa, e-commerce, others
The snacks market in the Philippines is segmented by product type and distribution channel. By product type, it includes confectionery, ice cream and frozen dessert, savoury snacks, fruit snacks, snack bars, and sweet biscuits. Distribution channel segmentation comprises convenience stores, supermarkets and hypermarkets, grocery stores, bars and HoReCa, e-commerce, and others.
Competitive Landscape
The Philippines snacks market exhibits significant competition. Leading companies within the market include Unilever PLC, Tobi Marketing Inc., The Hershey Company, San Miguel Corporation, Republic Biscuit Corp., Regent Food Corporation, PT. Mayora Indah Tbk, Perfetti Van Melle Group, PepsiCo Inc., Nestle S.A., Nabati Group, Mondelez International Inc., Monde Nissin Corporation (MNC), Mars Incorporated, Liwayway Marketing Corp., Leslie Corp., Kellanova, Joe & Susan Foods Phil, JG Summit Holdings Inc., Grand Alphatech International Corp., GFI Enterprises Inc., Food Industries Inc., Ferrero International S.A., Delfi Limited, Commonwealth Foods Inc., Columbia International Food Products Inc., Alliance global Group Inc. and Aice Group Holdings Pte Ltd.
The report provides a detailed assessment of prominent companies within the snacks market, tracking their performance from 2020 to 2024. Insights reveal fluctuations in market share, highlighting both veteran leaders and emerging players.
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
Report Scope
Research Methodology
Market Overview
Philippines Snacks Market – Product Type Analysis
Philippines Snacks Market – Distribution Channel Analysis
Key Players and Market Share
– Unilever PLC
– Tobi Marketing, Inc.
– The Hershey Company
– San Miguel Corporation
– Republic Biscuit Corp.
– Regent Food Corporation
– PT. Mayora Indah, Tbk
– Perfetti Van Melle Group
– PepsiCo, Inc.
…
Macroeconomic Data and Forecast
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
Unilever PLC
Tobi Marketing, Inc.
The Hershey Company
San Miguel Corporation
Republic Biscuit Corp.
Regent Food Corporation
PT. Mayora Indah, Tbk
Perfetti Van Melle Group
PepsiCo, Inc.
Nestle S.A.
Nabati Group
Mondelez International Inc.
Monde Nissin Corporation (MNC)
Mars, Incorporated
Liwayway Marketing Corp.
Leslie Corp.
Kellanova
Joe & Susan Foods Phil
JG Summit Holdings, Inc.
Grand Alphatech International Corp.
GFI Enterprises, Inc.
Food Industries, Inc.
Ferrero International S.A.
Delfi Limited
Commonwealth Foods, Inc.
Columbia International Food Products Inc.
Alliance Global Group, Inc.
Aice Group Holdings Pte Ltd.