The projected favourable economic trajectory in the Philippines will likely spur demand for sugar confectionery over the forecast period with the category set to see strong and steady growth in retail volume terms. As disposable income rises and employment opportunities improve consumers will likely be more willing to spend on discretionary items such as sugar confectionery.
The pandemic helped fuel the development of the health and wellness trend in the Philippines and this is likely to have an influence on new product development and innovation within sugar confectionery. Medicated confectionery should see sustained growth with the functional properties of these products likely to ensure they remain popular, especially during the cold and flu season.
Small local grocers, supermarkets and hypermarkets will likely continue to dominate sales of sugar confectionery over the forecast period with these being well-established channels for the sale of these products in the Philippines. Nonetheless, after significant gains during the pandemic, there is still seen to be room for retail e-commerce to take a greater share of category sales.
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Understand the latest market trends and future growth opportunities for the Sugar Confectionery industry in Philippines with research from Euromonitor International's team of in-country analysts – experts by industry and geographic specialisation.
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Data and analysis in this report provides further detailed coverage dedicated to a comprehensive range of core packaged food categories.
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Sugar Confectionery
This is the aggregation of mints, boiled sweets, pastilles, gummies, jellies and chews, toffees, caramels, and nougat, medicated confectionery, lollipops, liquorice and other sugar confectionery.
See All of Our DefinitionsThis report originates from Passport, our Sugar Confectionery research and analysis database.
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