Philippines: confectionery market revenue by segment 2023

Concerning the four selected segments, the segment Preserved Pastry Goods & Cakes has the largest revenue with 2.1 billion U.S. dollars. Contrastingly, Chocolate Confectionery is ranked last, with 610.66 million U.S. dollars. Their difference, compared to Preserved Pastry Goods & Cakes, lies at 1.5 billion U.S. dollars.

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Revenue of the confectionery market in the Philippines in 2023, by segment (in million U.S. dollars)

Characteristic	Revenue in million U.S. dollars
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Supplementary notes

Data provided by Statista Market Insights are estimates.

Definition:

The Confectionery market covers food items with a relatively high sugar. Confectionery has a variety of flavorings, colorings, and other components that give them their distinct taste, texture, and appearance. This market is divided into four submarkets: chocolate confectionery, ice cream, preserved pastry goods and cakes and sugar confectionery.

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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