Chocolate confectionery is expected to record a faster value CAGR over the forecast period than that seen over 2017-2022. Demand for chocolate confectionery is expected to improve as the Philippines returns to more normal social and economic activity in 2022.
Vegan chocolate confectionery has started to become available in the Philippine market. The bean-to-bar brand, Theo & Philo, launched vegan chocolate covered nuts in the third quarter of 2021.
The Hershey Co seems to be laying down the groundwork to prepare for the eventual shift of purchases towards impulse channels such as convenience stores over the forecast period. Towards the last quarter of 2021, it reportedly entered into a partnership with 7-Eleven in markets such as the Philippines, Thailand, Taiwan, Singapore and Malaysia.
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Understand the latest market trends and future growth opportunities for the Chocolate Confectionery industry in Philippines with research from Euromonitor International's team of in-country analysts – experts by industry and geographic specialisation.
Key trends are clearly and succinctly summarised alongside the most current research data available. Understand and assess competitive threats and plan corporate strategy with our qualitative analysis, insight and confident growth projections.
Data and analysis in this report provides further detailed coverage dedicated to a comprehensive range of core packaged food categories.
If you're in the Chocolate Confectionery industry in Philippines, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty.
Chocolate Confectionery
This is the aggregation of tablets, countlines, bagged selflines/softlines, boxed assortments, seasonal chocolate, chocolate with toys, alfajores and other chocolate confectionery. Note that chocolate overtly positioned for baking/cooking purposes is excluded from Euromonitor International's confectionery coverage.
See All of Our DefinitionsThis report originates from Passport, our Chocolate Confectionery research and analysis database.
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