| Product Code: ETC023449 | Publication Date: Jul 2023 | Updated Date: Nov 2025 | Product Type: Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 |
The Philippines continues to see a significant influx of biscuits and crackers imports from top exporters such as Indonesia, Thailand, Malaysia, Singapore, and the USA in 2024. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market, while the impressive Compound Annual Growth Rate (CAGR) of 17.08% from 2020 to 2024 underscores the strong demand for these products. The growth rate of 6.27% in 2023-24 suggests sustained momentum in the market, pointing towards a promising outlook for the industry in the Philippines.

The Philippines biscuits and crackers market is estimated to witness significant growth over the forecast period of 2020-2025. The growing demand for biscuit, confectionery products as well as snacks, along with increasing per capita disposable income are some of the major factors driving the growth of this market in the Philippines. Moreover, rising health consciousness among consumers has been resulting in an increased demand for healthy snacks such as baked items which further propels the sales of biscuits and crackers in the country. Additionally, manufacturers have been introducing innovative products such as organic biscuits, sugar free cookies & wafers etc., which also boosts its sales within domestic markets
Some of the emerging trends observed within Philippine???s biscuit and cracker industry include increasing preference towards premium quality product offerings from leading brands due to their higher nutritional values & health benefits associated with them; introduction of new flavors & varieties by manufacturers coupled with attractive packaging styles; rising trend among consumers towards snacking on-the-go; expanding ecommerce platform creating opportunities for companies operating in this sector etc
Some key players operating in Philippine???s biscuit & cracker industry include Universal Robina Corporation (URC), San Miguel Foods Inc., Monde Nissin Corporation (MNC), Delfi Limited, Mondelez International LLC etc
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Philippines Biscuits and Crackers Market Overview |
3.1 Philippines Country Macro Economic Indicators |
3.2 Philippines Biscuits and Crackers Market Revenues & Volume, 2020 & 2030F |
3.3 Philippines Biscuits and Crackers Market - Industry Life Cycle |
3.4 Philippines Biscuits and Crackers Market - Porter's Five Forces |
3.5 Philippines Biscuits and Crackers Market Revenues & Volume Share, By Product, 2020 & 2030F |
3.6 Philippines Biscuits and Crackers Market Revenues & Volume Share, By Applications, 2020 & 2030F |
4 Philippines Biscuits and Crackers Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Philippines Biscuits and Crackers Market Trends |
6 Philippines Biscuits and Crackers Market, By Types |
6.1 Philippines Biscuits and Crackers Market, By Product |
6.1.1 Overview and Analysis |
6.1.2 Philippines Biscuits and Crackers Market Revenues & Volume, By Product, 2020-2030F |
6.1.3 Philippines Biscuits and Crackers Market Revenues & Volume, By Biscuits, 2020-2030F |
6.1.4 Philippines Biscuits and Crackers Market Revenues & Volume, By Crackers, 2020-2030F |
6.2 Philippines Biscuits and Crackers Market, By Applications |
6.2.1 Overview and Analysis |
6.2.2 Philippines Biscuits and Crackers Market Revenues & Volume, By Online, 2020-2030F |
6.2.3 Philippines Biscuits and Crackers Market Revenues & Volume, By Supermarket, 2020-2030F |
6.2.4 Philippines Biscuits and Crackers Market Revenues & Volume, By Food Store, 2020-2030F |
7 Philippines Biscuits and Crackers Market Import-Export Trade Statistics |
7.1 Philippines Biscuits and Crackers Market Export to Major Countries |
7.2 Philippines Biscuits and Crackers Market Imports from Major Countries |
8 Philippines Biscuits and Crackers Market Key Performance Indicators |
9 Philippines Biscuits and Crackers Market - Opportunity Assessment |
9.1 Philippines Biscuits and Crackers Market Opportunity Assessment, By Product, 2020 & 2030F |
9.2 Philippines Biscuits and Crackers Market Opportunity Assessment, By Applications, 2020 & 2030F |
10 Philippines Biscuits and Crackers Market - Competitive Landscape |
10.1 Philippines Biscuits and Crackers Market Revenue Share, By Companies, 2023 |
10.2 Philippines Biscuits and Crackers Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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