The revenue of the confectionery and snacks market in the Philippines was estimated at 7.43 billion U.S. dollars in 2023, indicating growth from the previous year. The market was forecasted to continue expanding in the coming years.
Revenue of the confectionery and snacks market in the Philippines from 2018 to 2028
(in billion U.S. dollars)
Characteristic
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Data provided by Statista Market Insights are estimates.
Definition:
The Confectionery & Snacks segment includes both confectionery and snacks subsegments. Confectionery is defined as foods with a relatively high sugar content, such as chocolate and chocolate products, sugar confectionery such as chewing gum, sweets, ice cream, preserved pastry goods and cakes. Snack Foods are typically eaten in between meals or as a quick bite.
Structure:
The segment consists of two different subsegments:
The Confectionery segment covers foods with a relatively high sugar content. This segment is divided into four subsegments: chocolate confectionery, ice cream, preserved pastry goods and cakes and sugar confectionery.
The Snack Food segment covers sweet, savory, and salty snacks. This segment is divided into three subsegments: cookies and crackers, potato chips, tortilla chips, flips, and pretzels.
Additional Information:
The market comprises revenue and average revenue per capita, volume and average volume per capita, price per unit (unit refers to kilogram), sales channels. The market encompasses retail sales through both online and offline sales channels to private end customers (B2C). The market only covers at-home consumption, out-of-home consumption is not included.
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Statista. (May 27, 2024). Revenue of the confectionery and snacks market in the Philippines from 2018 to 2028 (in billion U.S. dollars) [Graph]. In Statista. Retrieved August 24, 2024, from https://www.statista.com/forecasts/1469299/philippines-confectionery-and-snacks-revenue
Statista. "Revenue of the confectionery and snacks market in the Philippines from 2018 to 2028 (in billion U.S. dollars)." Chart. May 27, 2024. Statista. Accessed August 24, 2024. https://www.statista.com/forecasts/1469299/philippines-confectionery-and-snacks-revenue
Statista. (2024). Revenue of the confectionery and snacks market in the Philippines from 2018 to 2028 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: August 24, 2024. https://www.statista.com/forecasts/1469299/philippines-confectionery-and-snacks-revenue
Statista. "Revenue of The Confectionery and Snacks Market in The Philippines from 2018 to 2028 (in Billion U.S. Dollars)." Statista, Statista Inc., 27 May 2024, https://www.statista.com/forecasts/1469299/philippines-confectionery-and-snacks-revenue
Statista, Revenue of the confectionery and snacks market in the Philippines from 2018 to 2028 (in billion U.S. dollars) Statista, https://www.statista.com/forecasts/1469299/philippines-confectionery-and-snacks-revenue (last visited August 24, 2024)
Revenue of the confectionery and snacks market in the Philippines from 2018 to 2028 (in billion U.S. dollars) [Graph], Statista, May 27, 2024. [Online]. Available: https://www.statista.com/forecasts/1469299/philippines-confectionery-and-snacks-revenue