Snacks in the Philippines

Best Price Guarantee	Length	Publisher	Published Date	SKU
from $2,100	70 Pages	Euromonitor International	June, 2023	EP18023512

Best Price Guarantee
Price	from $2,100
Length	70 Pages
Publisher	Euromonitor International
Published Date	June, 2023
SKU	EP18023512

Snacks in the Philippines

Following a remarkable performance across snacks in the Philippines in 2022, there has been an overall deceleration of sales growth in 2023 as consumers have moved towards a normalisation of their spending behaviour. The market witnessed an ongoing economic recovery supported by greater mobility with there being greater normalcy in offices and schools and the return of inbound tourism, which has helped to sustain growth in 2023.

Euromonitor International's Snacks 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 2018-2022, 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 2027, clearly indicating how the market is expected to change.

Product coverage: Confectionery, Ice Cream, Savoury Snacks, Sweet Biscuits, Snack Bars and Fruit Snacks.

Data coverage: market sizes (historic and forecasts), company shares, brand shares and distribution data.

Why buy this report?
* Get a detailed picture of the Snacks 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.

Snacks in the Philippines
Euromonitor International
June 2023
List Of Contents And Tables
SNACKS IN THE PHILIPPINES
EXECUTIVE SUMMARY
Snacks in 2023: The big picture
Consumers maintain price consciousness
Competitive Landscape
Channel developments
What next for snacks?
MARKET DATA: Table 1 Sales of Snacks by Category: Volume 2018-2023; Table 2 Sales of Snacks by Category: Value 2018-2023; Table 3 Sales of Snacks by Category: % Volume Growth 2018-2023; Table 4 Sales of Snacks by Category: % Value Growth 2018-2023; Table 5 NBO Company Shares of Snacks: % Value 2019-2023; Table 6 LBN Brand Shares of Snacks: % Value 2020-2023; Table 7 Penetration of Private Label by Category: % Value 2018-2023; Table 8 Distribution of Snacks by Format: % Value 2018-2023; Table 9 Forecast Sales of Snacks by Category: Volume 2023-2028; Table 10 Forecast Sales of Snacks by Category: Value 2023-2028; Table 11 Forecast Sales of Snacks by Category: % Volume Growth 2023-2028; Table 12 Forecast Sales of Snacks by Category: % Value Growth 2023-2028
DISCLAIMER
SOURCES: Summary 1 Research Sources
CHOCOLATE CONFECTIONERY IN THE PHILIPPINES
KEY DATA FINDINGS
2023 DEVELOPMENTS
Return to normalcy benefits sales of chocolate confectionery in 2023
Premiumisation becomes more prominent in 2023
E-commerce thriving despite the end of mobility restrictions, while convenience stores benefit from increase in impulse purchases
PROSPECTS AND OPPORTUNITIES
Premiumisation expected to continue as the economy continues its recovery
E-commerce will continue to serve as a sustainable source of growth
Chocolate confectionery has a bright outlook with opportunities at both ends of the price spectrum
CATEGORY DATA: Summary 2 Other Chocolate Confectionery by Product Type: 2023; Table 13 Sales of Chocolate Confectionery by Category: Volume 2018-2023; Table 14 Sales of Chocolate Confectionery by Category: Value 2018-2023; Table 15 Sales of Chocolate Confectionery by Category: % Volume Growth 2018-2023; Table 16 Sales of Chocolate Confectionery by Category: % Value Growth 2018-2023; Table 17 Sales of Chocolate Tablets by Type: % Value 2018-2023; Table 18 NBO Company Shares of Chocolate Confectionery: % Value 2019-2023; Table 19 LBN Brand Shares of Chocolate Confectionery: % Value 2020-2023; Table 20 Distribution of Chocolate Confectionery by Format: % Value 2018-2023; Table 21 Forecast Sales of Chocolate Confectionery by Category: Volume 2023-2028; Table 22 Forecast Sales of Chocolate Confectionery by Category: Value 2023-2028; Table 23 Forecast Sales of Chocolate Confectionery by Category: % Volume Growth 2023-2028; Table 24 Forecast Sales of Chocolate Confectionery by Category: % Value Growth 2023-2028
GUM IN THE PHILIPPINES
KEY DATA FINDINGS
2023 DEVELOPMENTS
Gum registered growth as economy recovers
E-commerce showing potential as major players invest in building an online presence
Leading players make investments to improve their competitiveness
PROSPECTS AND OPPORTUNITIES
Innovation could present new opportunities for gum
E-commerce expected to see further development
Little change expected in the competitive landscape
CATEGORY DATA: Table 25 Sales of Gum by Category: Volume 2018-2023; Table 26 Sales of Gum by Category: Value 2018-2023; Table 27 Sales of Gum by Category: % Volume Growth 2018-2023; Table 28 Sales of Gum by Category: % Value Growth 2018-2023; Table 29 Sales of Gum by Flavour: Rankings 2018-2023; Table 30 NBO Company Shares of Gum: % Value 2019-2023; Table 31 LBN Brand Shares of Gum: % Value 2020-2023; Table 32 Distribution of Gum by Format: % Value 2018-2023; Table 33 Forecast Sales of Gum by Category: Volume 2023-2028; Table 34 Forecast Sales of Gum by Category: Value 2023-2028; Table 35 Forecast Sales of Gum by Category: % Volume Growth 2023-2028; Table 36 Forecast Sales of Gum by Category: % Value Growth 2023-2028
SWEET BISCUITS, SNACK BARS AND FRUIT SNACKS IN THE PHILIPPINES
KEY DATA FINDINGS
2023 DEVELOPMENTS
Return to class-based learning key to the growth of sweet biscuits while snack bars lag behind
New product development and increase in marketing helps fuel the growth of sweet biscuits
Local players controls the category
PROSPECTS AND OPPORTUNITIES
Sweet biscuits set to outpace the growth of snack bars and fruit snacks
Increase in tourism should benefit sales of fruit snacks
E-commerce set to gain more traction as consumers become familiar with the value and convenience of online shopping
CATEGORY DATA: Table 37 Sales of Sweet Biscuits, Snack Bars and Fruit Snacks by Category: Volume 2018-2023; Table 38 Sales of Sweet Biscuits, Snack Bars and Fruit Snacks by Category: Value 2018-2023; Table 39 Sales of Sweet Biscuits, Snack Bars and Fruit Snacks by Category: % Volume Growth 2018-2023; Table 40 Sales of Sweet Biscuits, Snack Bars and Fruit Snacks by Category: % Value Growth 2018-2023; Table 41 NBO Company Shares of Sweet Biscuits, Snack Bars and Fruit Snacks: % Value 2019-2023; Table 42 LBN Brand Shares of Sweet Biscuits, Snack Bars and Fruit Snacks: % Value 2020-2023; Table 43 NBO Company Shares of Sweet Biscuits: % Value 2019-2023; Table 44 LBN Brand Shares of Sweet Biscuits: % Value 2020-2023; Table 45 NBO Company Shares of Snack Bars: % Value 2019-2023; Table 46 LBN Brand Shares of Snack Bars: % Value 2020-2023; Table 47 NBO Company Shares of Fruit Snacks: % Value 2019-2023; Table 48 LBN Brand Shares of Fruit Snacks: % Value 2020-2023; Table 49 Distribution of Sweet Biscuits, Snack Bars and Fruit Snacks by Format: % Value 2018-2023; Table 50 Distribution of Sweet Biscuits by Format: % Value 2018-2023; Table 51 Distribution of Snack Bars by Format: % Value 2018-2023; Table 52 Distribution of Fruit Snacks by Format: % Value 2018-2023; Table 53 Forecast Sales of Sweet Biscuits, Snack Bars and Fruit Snacks by Category: Volume 2023-2028; Table 54 Forecast Sales of Sweet Biscuits, Snack Bars and Fruit Snacks by Category: Value 2023-2028; Table 55 Forecast Sales of Sweet Biscuits, Snack Bars and Fruit Snacks by Category: % Volume Growth 2023-2028; Table 56 Forecast Sales of Sweet Biscuits, Snack Bars and Fruit Snacks by Category: % Value Growth 2023-2028
ICE CREAM IN THE PHILIPPINES
KEY DATA FINDINGS
2023 DEVELOPMENTS
Ice cream thrives in 2023 with exceptionally hot summer
Aice Brands continues its aggressive expansion strategy with new factory in the pipeline
Plant-based ice cream gaining traction
PROSPECTS AND OPPORTUNITIES
Impulse ice cream would expand faster
New players in plant-based ice cream may emerge, while other healthier options are expected to struggle for growth
Unique Filipino flavours may act as a source of inspiration for ice cream makers
CATEGORY DATA: Table 57 Sales of Ice Cream by Category: Volume 2018-2023; Table 58 Sales of Ice Cream by Category: Value 2018-2023; Table 59 Sales of Ice Cream by Category: % Volume Growth 2018-2023; Table 60 Sales of Ice Cream by Category: % Value Growth 2018-2023; Table 61 Sales of Ice Cream by Leading Flavours: Rankings 2018-2023; Table 62 Sales of Impulse Ice Cream by Format: % Value 2018-2023; Table 63 NBO Company Shares of Ice Cream: % Value 2019-2023; Table 64 LBN Brand Shares of Ice Cream: % Value 2020-2023; Table 65 NBO Company Shares of Impulse Ice Cream: % Value 2019-2023; Table 66 LBN Brand Shares of Impulse Ice Cream: % Value 2020-2023; Table 67 NBO Company Shares of Take-home Ice Cream: % Value 2019-2023; Table 68 LBN Brand Shares of Take-home Ice Cream: % Value 2020-2023; Table 69 Distribution of Ice Cream by Format: % Value 2018-2023; Table 70 Forecast Sales of Ice Cream by Category: Volume 2023-2028; Table 71 Forecast Sales of Ice Cream by Category: Value 2023-2028; Table 72 Forecast Sales of Ice Cream by Category: % Volume Growth 2023-2028; Table 73 Forecast Sales of Ice Cream by Category: % Value Growth 2023-2028
SAVOURY SNACKS IN THE PHILIPPINES
KEY DATA FINDINGS
2023 DEVELOPMENTS
Savoury snacks see healthy growth as schools reopen and the economy recovers
Domestic and imported brands thrived
E-commerce is becoming more prominent as leading brands focus on offering multi-pack discounts
PROSPECTS AND OPPORTUNITIES
Savoury biscuits will thrive despite the competition from sweet biscuits, while nuts, seeds and trail mixes is set to benefit from healthy image
E-commerce will contribute higher shares of growth
Universal Robina Corp likely to maintain its leadership but private label could provide new competition
CATEGORY DATA: Summary 3 Other Savoury Snacks by Product Type: 2023; Table 74 Sales of Savoury Snacks by Category: Volume 2018-2023; Table 75 Sales of Savoury Snacks by Category: Value 2018-2023; Table 76 Sales of Savoury Snacks by Category: % Volume Growth 2018-2023; Table 77 Sales of Savoury Snacks by Category: % Value Growth 2018-2023; Table 78 NBO Company Shares of Savoury Snacks: % Value 2019-2023; Table 79 LBN Brand Shares of Savoury Snacks: % Value 2020-2023; Table 80 Distribution of Savoury Snacks by Format: % Value 2018-2023; Table 81 Forecast Sales of Savoury Snacks by Category: Volume 2023-2028; Table 82 Forecast Sales of Savoury Snacks by Category: Value 2023-2028; Table 83 Forecast Sales of Savoury Snacks by Category: % Volume Growth 2023-2028; Table 84 Forecast Sales of Savoury Snacks by Category: % Value Growth 2023-2028
SUGAR CONFECTIONERY IN THE PHILIPPINES
KEY DATA FINDINGS
2023 DEVELOPMENTS
Sugar confectionery sees sustained growth in 2023 as life returns to relative normality
Digital marketing helps boost brand and product awareness
Magnolia’s exit to other sugar confectionery leaves more room while medicated confectionery benefits from an increase in cases of cold and flu
PROSPECTS AND OPPORTUNITIES
Improving economy should benefit sales
Health and wellness may impact product offerings
E-commerce should add vibrancy to sugar confectionery
CATEGORY DATA: Summary 4 Other Sugar Confectionery by Product Type: 2023; Table 85 Sales of Sugar Confectionery by Category: Volume 2018-2023; Table 86 Sales of Sugar Confectionery by Category: Value 2018-2023; Table 87 Sales of Sugar Confectionery by Category: % Volume Growth 2018-2023; Table 88 Sales of Sugar Confectionery by Category: % Value Growth 2018-2023; Table 89 Sales of Pastilles, Gummies, Jellies and Chews by Type: % Value 2018-2023; Table 90 NBO Company Shares of Sugar Confectionery: % Value 2019-2023; Table 91 LBN Brand Shares of Sugar Confectionery: % Value 2020-2023; Table 92 Distribution of Sugar Confectionery by Format: % Value 2018-2023; Table 93 Forecast Sales of Sugar Confectionery by Category: Volume 2023-2028; Table 94 Forecast Sales of Sugar Confectionery by Category: Value 2023-2028; Table 95 Forecast Sales of Sugar Confectionery by Category: % Volume Growth 2023-2028; Table 96 Forecast Sales of Sugar Confectionery by Category: % Value Growth 2023-2028