Philippines Confectionery Market 2025

The Philippines confectionery market is poised for moderate growth, projected to increase from USD 1,314.4 million in 2024 to USD 2,204.4 million by 2030, achieving a CAGR of 9% during the forecast period. In the Philippines, the confectionery market is fueled by rising disposable incomes and the growing popularity of indulgent snacks among the younger population. The expansion of modern retail channels, including convenience stores and supermarkets, is making confectionery products more accessible, while the demand for innovative flavors and healthier alternatives is rising.

This report delivers a comprehensive analysis and forward-looking perspective on the Philippines confectionery market, spanning historical data from 2020 to 2024 and market projections through 2030. By examining market size, growth rates, and segmented insights, the report highlights the dynamic shifts and emerging trends shaping the industry. It provides a granular breakdown across key dimensions, including product type, packaging type and distribution channel, offering stakeholders a detailed roadmap for strategic decision-making.

Market Segmentation

The Philippines confectionery market is classified into the following segments:
Product type: chocolate, gums, sugar confectionery
Packaging type: flexible packaging, folding cartons, rigid plastic, metal, others
Distribution channel: convenience stores, forecourts, supermarkets and hypermarkets, specialized stores, small grocery stores, foodservice channels, e-commerce, others

The confectionery market in the Philippines is segmented by product type, packaging type and distribution channel. The categorization of the market by product type includes chocolate, gums, and sugar confectionery. Packaging type segments are divided into flexible packaging, folding cartons, rigid plastic, metal, and others. Distribution channel segments comprise convenience stores, forecourts, supermarkets and hypermarkets, specialized stores, small grocery stores, foodservice channels, e-commerce, and others.

Competitive Landscape

The confectionery market is dominated by key players, including Trolli GmbH, The Hershey Company, Republic Biscuit Corp., PT. Mayora Indah Tbk, Perfetti Van Melle Group, Nestle S.A., Mondelez International Inc., Meiji Holdings Co. Ltd., Mars Incorporated, JG Summit Holdings Inc., Ferrero International S.A., Delfi Limited, Commonwealth Foods Inc., Columbia International Food Products Inc., Candyman Inc. and August Storck KG.

This analysis offers a comprehensive overview of the main players in the confectionery market, evaluating their performance trends from 2020 to 2024. Key findings illustrate shifts in market share, identifying both dominant firms and rising competitors.

Why Buy This Report?

Obtain precise statistical data and forecasts for the Philippines confectionery market.
Gain in-depth analysis and forecasts for the key segments of the Philippines confectionery market: product type, packaging type and distribution channel.
Develop region-specific strategies and set strategic priorities based on localized data analysis.
Gain deep insights into the dynamics of the Philippines confectionery market.
Identify high-potential investment opportunities by targeting growth sectors and emerging trends.
Anticipate the future trajectory of the Philippines confectionery market with informed projections.
Assess the competitive landscape to determine the ideal timing for capitalizing on market opportunities.
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Table of Contents

TABLE OF CONTENTS
Key Findings
Market Segmentation
Market Overview
Philippines Confectionery Market – Product Type Analysis
Philippines Confectionery Market – Packaging Type Analysis
Philippines Confectionery Market – Distribution Channel Analysis
Company Shares Analysis
Trolli GmbH
The Hershey Company
Republic Biscuit Corp.
PT. Mayora Indah, Tbk
Perfetti Van Melle Group
Nestle S.A.
Mondelez International Inc.
Meiji Holdings Co., Ltd.
Mars, Incorporated
…
Macroeconomic Data and Forecast
Research Methodology
Disclaimer

FIGURES AND TABLES
Table Philippines Confectionery Market 2020-2030
Chart Philippines Confectionery Market, Net Growth, 2020-2030
Chart Philippines Confectionery Market, Growth Rates, 2020-2030
Table Philippines Confectionery Market by Product Type, 2020-2030
Chart Philippines Confectionery Market by Product Type, CAGR Historic and Forecast, 2020-2030
Chart Philippines Confectionery Market by Product Type, 2020-2030
Table Philippines Confectionery Market by Packaging Type, 2020-2030
Chart Philippines Confectionery Market by Packaging Type, CAGR Historic and Forecast, 2020-2030
Chart Philippines Confectionery Market by Packaging Type, 2020-2030
Table Philippines Confectionery Market by Distribution Channel, 2020-2030
Chart Philippines Confectionery Market by Distribution Channel, CAGR Historic and Forecast, 2020-2030
Chart Philippines Confectionery Market by Distribution Channel, 2020-2030
Table Philippines Confectionery Market Share (%), by Companies, 2020-2024
Chart Philippines Confectionery Market, by Companies, 2024
Table Philippines Confectionery Market Share (%), by Brands, 2020-2024
Chart Philippines Confectionery Market, by Brands, 2024
Table Philippines – Population (Millions) and Forecast
Table Philippines – Consumer Price Index (CPI) and Forecast
Table Philippines – Gross Domestic Product and Forecast
Table Philippines Confectionery Market: Spend as a Proportion of GDP (%)
Table Philippines Confectionery Market: Consumption per Capita (Population)

Companies Mentioned

Trolli GmbH
The Hershey Company
Republic Biscuit Corp.
PT. Mayora Indah, Tbk
Perfetti Van Melle Group
Nestle S.A.
Mondelez International Inc.
Meiji Holdings Co., Ltd.
Mars, Incorporated
JG Summit Holdings, Inc.
Ferrero International S.A.
Delfi Limited
Commonwealth Foods, Inc.
Columbia International Food Products Inc.
Candyman, Inc.
August Storck KG