Retail volume sales of chocolate confectionery in the Philippines increased modestly in 2020 and 2021. Nonetheless, demand benefited from robust at-home consumption during the (COVID-19) pandemic. However, the category saw stronger growth in 2022; demand gained momentum as restrictions eased and consumers started returning to their pre-pandemic lifestyles and habits. Consumers returning to the office, school and on-the-go activities helped to drive stronger growth as the country started to emerg...
Euromonitor International's Chocolate Confectionery in Philippines report offers in-depth knowledge of the market at a national level, providing local insight and understanding unavailable elsewhere. In addition to the latest retail sales data 2019-2023, it identifies the leading companies, brands and retail outlets, and assesses the key trends and demographic shifts behind consumer demand and sales growth. How key trends such as health and wellness, sustainability and recovery from the pandemic are shaping the market in <|Year|> directly informs our forecasts to 2028, clearly indicating how the market is expected to change.
Product coverage: Boxed Assortments, Chocolate Pouches and Bags, Chocolate with Toys, Countlines, Other Chocolate Confectionery, Seasonal Chocolate, Tablets.
Data coverage: market sizes (historic and forecasts), company shares, brand shares and distribution data.
Why buy this report? * Get a detailed picture of the Chocolate Confectionery market; * Pinpoint growth sectors and identify factors driving change; * Understand the competitive environment, the market’s major players and leading brands; * Use five-year forecasts to assess how the market is predicted to develop.
Chocolate Confectionery in the Philippines
Euromonitor International
July 2024
List Of Contents And Tables
CHOCOLATE CONFECTIONERY IN THE PHILIPPINES
KEY DATA FINDINGS
2024 DEVELOPMENTS
Low consumer confidence limits the demand for chocolate confectionery
Universal Robina Corp invests to consolidate leadership of chocolate confectionery
Digital trend helps local brands thrive and e-commerce gain momentum