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Report

Philippines Food Service Market Report and Forecast 2025-2034

Market Report I 2025-06-06 I 110 Pages I EMR Inc.

The Philippines food service market reached around USD 10.98 Million in 2024. The market is projected to grow at a CAGR of 15.10% between 2025 and 2034 to reach nearly USD 44.81 Million by 2034.

Philippines Food Service Market Growth

As per the World Travel and Tourism Council, the Philippines' tourism industry is expected to contribute PhP 5.4 trillion to the national economy in 2024, recording a year-on-year growth of 25% and constituting over 20% of its economic size. The total spending by international visitors and domestic travellers is expected to reach USD $12.2 billion and USD $62.9 billion, respectively. This is expected to contribute to the significant growth of the market, due to increasing demand for local and delectable cuisines. By 2034, the contribution of the local tourism industry is expected to rise to USD $161.5 billion to its GDP, which is expected to accelerate the market growth in the coming years.

The Philippines is home to a tech-savvy audience, where social media influencers promote a wide variety of Instagrammable restaurants. This is expected to increase the consumer appeal for dine-in restaurants, thereby leading to the market growth. Non-contact and online food delivery systems are expected to enjoy sustained demand, due to increasing consumer consciousness for hygiene and health safety. Busier lifestyles and increased mobility of people are expected to increase the sales of convenience foods sold on street stalls and kiosks. The establishment of international franchises has emerged as a significant trend leading to the growth of the market in the Philippines.

Philippines Food Service Industry Segmentation

Philippines Food Service Market Report and Forecast 2025-2034 offers a detailed analysis of the market based on the following segments:

Market Breakup by Sector

- Commercial
- Non-Commercial

Market Breakup by Systems

- Conventional Foodservice System
- Centralised Foodservice System
- Ready Prepared Foodservice System
- Assembly-Serve Foodservice System

Market Breakup by Restaurants

- Fast Food Restaurants
- Full-Service Restaurants
- Limited-Service Restaurants
- Special Food Services Restaurants

Philippines Food Service Market Share

Based on restaurant, the market is segmented into fast food restaurants, full-service restaurants, limited-service restaurants, and special food services restaurants. Over the forecast period, fast food restaurants are expected to grow at a CAGR of 16.3%, due to the rising appeal for international flavours in Filipino cuisines.

Leading Companies in the Philippines Food Service Market

The National Capital Region of the Philippines has seen a spurt in the number of food service establishments, which constitutes nearly 30% of all new spaces. Other popular regions include Calabarzon and Central Luzon.

- McDonald's Corporation

- Domino's Pizza Inc.

- Yum! Brands, Inc.

- Burger King Corporation

- DD IP Holder LLC (Golden Donuts Inc)

- Tim Hortons Restaurants International GmbH

- J.CO Donuts & Coffee's

- Others

Philippines Food Service MarketReport Snapshots

Philippines Food ServiceMarket Size

Philippines Food Service Market Growth

Philippines Food ServiceMarket Share

Philippines Food ServiceCompanies

1 Executive Summary
1.1 Market Size 2024-2025
1.2 Market Growth 2025(F)-2034(F)
1.3 Key Demand Drivers
1.4 Key Players and Competitive Structure
1.5 Industry Best Practices
1.6 Recent Trends and Developments
1.7 Industry Outlook
2 Market Overview and Stakeholder Insights
2.1 Market Trends
2.2 Key Verticals
2.3 Key Regions
2.4 Supplier Power
2.5 Buyer Power
2.6 Key Market Opportunities and Risks
2.7 Key Initiatives by Stakeholders
3 Economic Summary
3.1 GDP Outlook
3.2 GDP Per Capita Growth
3.3 Inflation Trends
3.4 Democracy Index
3.5 Gross Public Debt Ratios
3.6 Balance of Payment (BoP) Position
3.7 Population Outlook
3.8 Urbanisation Trends
4 Country Risk Profiles
4.1 Country Risk
4.2 Business Climate
5 Asia Pacific Food Service Market Overview
5.1 Key Industry Highlights
5.2 Asia Pacific Food Service Historical Market (2018-2024)
5.3 Asia Pacific Food Service Market Forecast (2025-2034)
6 Philippines Food Service Market Overview
6.1 Key Industry Highlights
6.2 Philippines Food Service Historical Market (2018-2024)
6.3 Philippines Food Service Market Forecast (2025-2034)
7 Philippines Food Service Market by Sector
7.1 Commercial
7.1.1 Historical Trend (2018-2024)
7.1.2 Forecast Trend (2025-2034)
7.2 Non-Commercial
7.2.1 Historical Trend (2018-2024)
7.2.2 Forecast Trend (2025-2034)
8 Philippines Food Service Market by Systems
8.1 Conventional Foodservice System
8.1.1 Historical Trend (2018-2024)
8.1.2 Forecast Trend (2025-2034)
8.2 Centralised Foodservice System
8.2.1 Historical Trend (2018-2024)
8.2.2 Forecast Trend (2025-2034)
8.3 Ready Prepared Foodservice System
8.3.1 Historical Trend (2018-2024)
8.3.2 Forecast Trend (2025-2034)
8.4 Assembly-Serve Foodservice System
8.4.1 Historical Trend (2018-2024)
8.4.2 Forecast Trend (2025-2034)
9 Philippines Food Service Market by Restaurants
9.1 Fast Food Restaurants
9.1.1 Historical Trend (2018-2024)
9.1.2 Forecast Trend (2025-2034)
9.2 Full-Service Restaurants
9.2.1 Historical Trend (2018-2024)
9.2.2 Forecast Trend (2025-2034)
9.3 Limited-Service Restaurants
9.3.1 Historical Trend (2018-2024)
9.3.2 Forecast Trend (2025-2034)
9.4 Special Food Services Restaurants
9.4.1 Historical Trend (2018-2024)
9.4.2 Forecast Trend (2025-2034)
10 Market Dynamics
10.1 SWOT Analysis
10.1.1 Strengths
10.1.2 Weaknesses
10.1.3 Opportunities
10.1.4 Threats
10.2 Porter's Five Forces Analysis
10.2.1 Supplier's Power
10.2.2 Buyer's Power
10.2.3 Threat of New Entrants
10.2.4 Degree of Rivalry
10.2.5 Threat of Substitutes
10.3 Key Indicators for Demand
10.4 Key Indicators for Price
11 Competitive Landscape
11.1 Supplier Selection
11.2 Key Global Players
11.3 Key Regional Players
11.4 Key Player Strategies
11.5 Company Profiles
11.5.1 McDonald's Corporation
11.5.1.1 Company Overview
11.5.1.2 Product Portfolio
11.5.1.3 Demographic Reach and Achievements
11.5.1.4 Certifications
11.5.2 Domino's Pizza Inc.
11.5.2.1 Company Overview
11.5.2.2 Product Portfolio
11.5.2.3 Demographic Reach and Achievements
11.5.2.4 Certifications
11.5.3 Yum! Brands, Inc.
11.5.3.1 Company Overview
11.5.3.2 Product Portfolio
11.5.3.3 Demographic Reach and Achievements
11.5.3.4 Certifications
11.5.4 Burger King Corporation
11.5.4.1 Company Overview
11.5.4.2 Product Portfolio
11.5.4.3 Demographic Reach and Achievements
11.5.4.4 Certifications
11.5.5 DD IP Holder LLC (Golden Donuts Inc)
11.5.5.1 Company Overview
11.5.5.2 Product Portfolio
11.5.5.3 Demographic Reach and Achievements
11.5.5.4 Certifications
11.5.6 Tim Hortons Restaurants International GmbH
11.5.6.1 Company Overview
11.5.6.2 Product Portfolio
11.5.6.3 Demographic Reach and Achievements
11.5.6.4 Certifications
11.5.7 J.CO Donuts & Coffee's
11.5.7.1 Company Overview
11.5.7.2 Product Portfolio
11.5.7.3 Demographic Reach and Achievements
11.5.7.4 Certifications
11.5.8 Others

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