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Chocolate Confectionery in the Philippines

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    Report

  • 21 Pages
  • July 2024
  • Region: Philippines
  • Euromonitor International
  • ID: 1607292
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

The 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 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.

Table of Contents

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
PROSPECTS AND OPPORTUNITIES
  • Improving performance amid ongoing economic challenges
  • Players need to address the healthy snacking trend
  • Growing international profile of Filipino chocolate
CATEGORY DATA
  • Summary 1 Other Chocolate Confectionery by Product Type: 2024
  • Table 1 Sales of Chocolate Confectionery by Category: Volume 2019-2024
  • Table 2 Sales of Chocolate Confectionery by Category: Value 2019-2024
  • Table 3 Sales of Chocolate Confectionery by Category: % Volume Growth 2019-2024
  • Table 4 Sales of Chocolate Confectionery by Category: % Value Growth 2019-2024
  • Table 5 Sales of Chocolate Tablets by Type: % Value 2019-2024
  • Table 6 NBO Company Shares of Chocolate Confectionery: % Value 2020-2024
  • Table 7 LBN Brand Shares of Chocolate Confectionery: % Value 2021-2024
  • Table 8 Distribution of Chocolate Confectionery by Format: % Value 2019-2024
  • Table 9 Forecast Sales of Chocolate Confectionery by Category: Volume 2024-2029
  • Table 10 Forecast Sales of Chocolate Confectionery by Category: Value 2024-2029
  • Table 11 Forecast Sales of Chocolate Confectionery by Category: % Volume Growth 2024-2029
  • Table 12 Forecast Sales of Chocolate Confectionery by Category: % Value Growth 2024-2029
SNACKS IN THE PHILIPPINES
EXECUTIVE SUMMARY
  • Snacks in 2024: The big picture
  • Key trends in 2024
  • Competitive landscape
  • Channel developments
  • What next for snacks?
MARKET DATA
  • Table 13 Sales of Snacks by Category: Volume 2019-2024
  • Table 14 Sales of Snacks by Category: Value 2019-2024
  • Table 15 Sales of Snacks by Category: % Volume Growth 2019-2024
  • Table 16 Sales of Snacks by Category: % Value Growth 2019-2024
  • Table 17 NBO Company Shares of Snacks: % Value 2020-2024
  • Table 18 LBN Brand Shares of Snacks: % Value 2021-2024
  • Table 19 Penetration of Private Label by Category: % Value 2019-2024
  • Table 20 Distribution of Snacks by Format: % Value 2019-2024
  • Table 21 Forecast Sales of Snacks by Category: Volume 2024-2029
  • Table 22 Forecast Sales of Snacks by Category: Value 2024-2029
  • Table 23 Forecast Sales of Snacks by Category: % Volume Growth 2024-2029
  • Table 24 Forecast Sales of Snacks by Category: % Value Growth 2024-2029
DISCLAIMER
SOURCES
  • Summary 2 Research Sources