The revenue in the 'Snack Food' segment of the food market in the Philippines was forecast to continuously increase between 2024 and 2029 by in total 1.8 billion U.S. dollars (+47.87 percent). After the tenth consecutive increasing year, the revenue is estimated to reach 5.54 billion U.S. dollars and therefore a new peak in 2029. Notably, the revenue of the 'Snack Food' segment of the food market was continuously increasing over the past years.
Data provided by Statista Market Insights are estimates.
Definition:
The Snack Food market covers food products that are typically eaten in between meals or as a quick bite. These meals are frequently created to be portable, simple to prepare, and easy to consume. Snack foods can be either salty or sweet. This market is divided into three submarkets: 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. (December 3, 2024). Revenue of the snack food market in the Philippines from 2019 to 2029 (in billion U.S. dollars) [Graph]. In Statista. Retrieved December 26, 2024, from https://www.statista.com/forecasts/1466323/philippines-snack-food-market-revenue
Statista. "Revenue of the snack food market in the Philippines from 2019 to 2029 (in billion U.S. dollars)." Chart. December 3, 2024. Statista. Accessed December 26, 2024. https://www.statista.com/forecasts/1466323/philippines-snack-food-market-revenue
Statista. (2024). Revenue of the snack food market in the Philippines from 2019 to 2029 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: December 26, 2024. https://www.statista.com/forecasts/1466323/philippines-snack-food-market-revenue
Statista. "Revenue of The Snack Food Market in The Philippines from 2019 to 2029 (in Billion U.S. Dollars)." Statista, Statista Inc., 3 Dec 2024, https://www.statista.com/forecasts/1466323/philippines-snack-food-market-revenue
Statista, Revenue of the snack food market in the Philippines from 2019 to 2029 (in billion U.S. dollars) Statista, https://www.statista.com/forecasts/1466323/philippines-snack-food-market-revenue (last visited December 26, 2024)
Revenue of the snack food market in the Philippines from 2019 to 2029 (in billion U.S. dollars) [Graph], Statista, December 3, 2024. [Online]. Available: https://www.statista.com/forecasts/1466323/philippines-snack-food-market-revenue