Product Code: ETC217649 | Publication Date: Aug 2022 | Updated Date: Aug 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 | |
The sweet biscuits market in the Philippines has been displaying positive growth, driven by the increasing demand for convenient and indulgent snacks. Sweet biscuits are favored by consumers as on-the-go treats and as accompaniments to beverages. Market data reveals a notable CAGR of around 7% over the past five years, showcasing the popularity of these products.
The Philippines sweet biscuits market is set to witness steady growth driven by factors such as increased snacking habits, urbanization, and the availability of a wide variety of sweet biscuits in the market. Consumers, including children and adults, are opting for sweet biscuits as convenient on-the-go snacks. The market`s growth is also influenced by promotional activities and product innovation, catering to diverse taste preferences.
The sweet biscuits market in the Philippines is witnessing growth due to changing snacking habits and a demand for convenient treats. Challenges include creating products with a balance of indulgence and healthiness, along with managing competition from other snack options.
The Philippines sweet biscuits market has experienced growth due to their popularity as snacks and accompaniments to beverages. During the pandemic, consumption shifted towards comfort foods, benefiting the market. As consumer preferences evolve and economic conditions improve, the sweet biscuits market is likely to maintain its appeal.
Sweet biscuits are a beloved snack in the Philippines, enjoyed by people of all ages. Monde Nissin Corporation and Republic Biscuit Corporation (Rebisco) are prominent players in this market, offering a diverse array of sweet biscuit options that cater to different tastes and preferences.
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 Sweet Biscuits Market Overview |
3.1 Philippines Country Macro Economic Indicators |
3.2 Philippines Sweet Biscuits Market Revenues & Volume, 2021 & 2031F |
3.3 Philippines Sweet Biscuits Market - Industry Life Cycle |
3.4 Philippines Sweet Biscuits Market - Porter's Five Forces |
3.5 Philippines Sweet Biscuits Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Philippines Sweet Biscuits Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 Philippines Sweet Biscuits Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing disposable income of the population, leading to higher spending on convenience food items like sweet biscuits. |
4.2.2 Growing urbanization and changing lifestyles, resulting in a higher demand for on-the-go snack options. |
4.2.3 Rising popularity of snacking culture and increasing preference for indulgent treats among consumers. |
4.3 Market Restraints |
4.3.1 Health concerns related to high sugar and fat content in sweet biscuits, leading to a shift towards healthier snack alternatives. |
4.3.2 Competition from other snack categories like savory snacks, healthy snacks, and confectionery products, impacting the market share of sweet biscuits. |
4.3.3 Fluctuating raw material prices, such as wheat, sugar, and chocolate, affecting the production costs and pricing of sweet biscuits. |
5 Philippines Sweet Biscuits Market Trends |
6 Philippines Sweet Biscuits Market, By Types |
6.1 Philippines Sweet Biscuits Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Philippines Sweet Biscuits Market Revenues & Volume, By Product Type, 2021-2031F |
6.1.3 Philippines Sweet Biscuits Market Revenues & Volume, By Chocolate-coated Biscuits, 2021-2031F |
6.1.4 Philippines Sweet Biscuits Market Revenues & Volume, By Cookies, 2021-2031F |
6.1.5 Philippines Sweet Biscuits Market Revenues & Volume, By Filled Biscuits, 2021-2031F |
6.1.6 Philippines Sweet Biscuits Market Revenues & Volume, By Plain Biscuits, 2021-2031F |
6.1.7 Philippines Sweet Biscuits Market Revenues & Volume, By Sandwich Biscuits, 2021-2031F |
6.1.8 Philippines Sweet Biscuits Market Revenues & Volume, By Other Sweet Biscuits, 2021-2031F |
6.2 Philippines Sweet Biscuits Market, By Distribution Channel |
6.2.1 Overview and Analysis |
6.2.2 Philippines Sweet Biscuits Market Revenues & Volume, By Supermarkets/Hypermarkets, 2021-2031F |
6.2.3 Philippines Sweet Biscuits Market Revenues & Volume, By Specialist Retailers, 2021-2031F |
6.2.4 Philippines Sweet Biscuits Market Revenues & Volume, By Convenience Stores, 2021-2031F |
6.2.5 Philippines Sweet Biscuits Market Revenues & Volume, By Online Stores, 2021-2031F |
6.2.6 Philippines Sweet Biscuits Market Revenues & Volume, By Other Distribution Channels, 2021-2031F |
7 Philippines Sweet Biscuits Market Import-Export Trade Statistics |
7.1 Philippines Sweet Biscuits Market Export to Major Countries |
7.2 Philippines Sweet Biscuits Market Imports from Major Countries |
8 Philippines Sweet Biscuits Market Key Performance Indicators |
8.1 Consumer engagement with digital marketing campaigns promoting sweet biscuits, indicating the effectiveness of marketing strategies. |
8.2 Number of new product launches and innovations in the sweet biscuits segment, reflecting market dynamism and consumer preferences. |
8.3 Growth in online sales and e-commerce penetration for sweet biscuits, showcasing the shift towards digital channels in the snacking industry. |
9 Philippines Sweet Biscuits Market - Opportunity Assessment |
9.1 Philippines Sweet Biscuits Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Philippines Sweet Biscuits Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 Philippines Sweet Biscuits Market - Competitive Landscape |
10.1 Philippines Sweet Biscuits Market Revenue Share, By Companies, 2024 |
10.2 Philippines Sweet Biscuits Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |