Sugar confectionery is expected to see a slow recovery over the forecast period. While the category is set to see current value sales reach pre-pandemic levels by 2024, it is not expected to fully recover in volume terms until the final year of the forecast period.
Power mints is expected to be a laggard in retail over the forecast period, registering a negative CAGR in both volume and value terms. The category’s poor performance will be mainly due to the limited brand options available.
Price sensitivity is likely to be heightened in the early part of the forecast period given the high unemployment rate in the country and high rates of inflation. In this context, many consumers will simply forego discretionary purchases such as sugar confectionery.
Files are delivered directly into your account soon after payment is received and any tax certification is verified (where applicable).
This report comes in PDF with additional info in Excel included.
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.
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 Sugar 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.
This is the aggregation of mints, boiled sweets, pastilles, gums, jellies and chews, toffees, caramels, nougat, medicated confectionery, lollipops, liquorice and other sugar confectionery.See All of Our Definitions
This report originates from Passport, our Sugar Confectionery research and analysis database.
If you purchase a report that is updated in the next 60 days, we will send you the new edition and data extraction Free!