The preserved pastry goods and cakes segment in the confectionery market in the Philippines was forecast to generate the highest estimated revenue in 2024, amounting to approximately 2.31 billion U.S. dollars. The confectionery market in the country was expected to continue growing in the next years.
Revenue of the confectionery market in the Philippines in 2024, by segment
(in million U.S. dollars)
Characteristic
Revenue in million U.S. dollars
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Definition:
The Confectionery segment 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 segment is divided into four subsegments: 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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Statista. (May 27, 2024). Revenue of the confectionery market in the Philippines in 2024, by segment (in million U.S. dollars) [Graph]. In Statista. Retrieved July 22, 2024, from https://www.statista.com/forecasts/1469318/philippines-confectionery-market-revenue-by-segment
Statista. "Revenue of the confectionery market in the Philippines in 2024, by segment (in million U.S. dollars)." Chart. May 27, 2024. Statista. Accessed July 22, 2024. https://www.statista.com/forecasts/1469318/philippines-confectionery-market-revenue-by-segment
Statista. (2024). Revenue of the confectionery market in the Philippines in 2024, by segment (in million U.S. dollars). Statista. Statista Inc.. Accessed: July 22, 2024. https://www.statista.com/forecasts/1469318/philippines-confectionery-market-revenue-by-segment
Statista. "Revenue of The Confectionery Market in The Philippines in 2024, by Segment (in Million U.S. Dollars)." Statista, Statista Inc., 27 May 2024, https://www.statista.com/forecasts/1469318/philippines-confectionery-market-revenue-by-segment
Statista, Revenue of the confectionery market in the Philippines in 2024, by segment (in million U.S. dollars) Statista, https://www.statista.com/forecasts/1469318/philippines-confectionery-market-revenue-by-segment (last visited July 22, 2024)
Revenue of the confectionery market in the Philippines in 2024, by segment (in million U.S. dollars) [Graph], Statista, May 27, 2024. [Online]. Available: https://www.statista.com/forecasts/1469318/philippines-confectionery-market-revenue-by-segment