Sweet biscuits, snack bars and fruit snacks is expected to record a slightly stronger CAGR in both volume and value terms over the forecast period than over 2017-2022. Sweet biscuits is likely to remain the main growth driver, with these products continuing to benefit from the broad range of options that cover the full price spectrum, as well as targeting different consumption occasions.
The recovery of fruit snacks is also likely to be tied to the resurgence of tourism. Dried mangoes are amongst the popular dried fruits in the Philippine market.
Through its subsidiary, URC Snack Foods (Malaysia) Sdn Bhd, Universal Robina Corp, the second largest player in sweet biscuits, snack bars and fruit snacks, acquired a 100% stake in the Malaysian company, Crunchy Foods Sdn Bhd, from the private equity firm, CVC Capital Partners. Crunchy Foods owns Munchy Food Industries Sdn Bhd, which has a wholly owned subsidiary, Munchworld Marketing Sdn Bhd.
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Understand the latest market trends and future growth opportunities for the Sweet Biscuits, Snack Bars and Fruit Snacks 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 Sweet Biscuits, Snack Bars and Fruit Snacks 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.
Sweet Biscuits, Snack Bars and Fruit Snacks
This is the aggregation of biscuits and snack bars.
See All of Our DefinitionsThis report originates from Passport, our Sweet Biscuits, Snack Bars and Fruit Snacks research and analysis database.
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