How many fast food chains are there in the Philippines?

Industry-wise, restaurants led the sector with 7,218 establishments, accounting for 23.4 percent of the total number of establishments. This was followed by cafeterias with 4,725 establishments (15.3%) and fast-food chains with 4,411 establishments (14.3%).

How big is the fast food industry in the Philippines?

$4.6 billion
The Philippines quick service restaurants market size was valued at $4.6 billion in 2018, and is expected to reach $7.9 billion by 2026, registering a CAGR of 6.9% from 2019 to 2026.

How many food companies are in the Philippines?

Labor productivity has significantly increased by as high as 6% in 2015. As of 2015, the Philippines’ Food and Drug Administration (FDA) tallied around 12,000 food processing establishments nationwide, most of which are owned by single proprietors. This is common among micro, cottage, and small industries.

What is the number one fast food restaurant in the Philippines?

1. Jollibee. Widely renowned as the largest fast food chain in the Philippines, it has acquired other chains such as ChowKing, Greenwich, Red Ribbon, and Mang Inasal.

What is the national chain in the Philippines?

Jollibee
Jollibee is a fast-growing fast-food chain that operates over 1,300 stores worldwide, 1,150 of which are in the Philippines, and 234 in foreign markets. Today, it operates 41 stores across North America.

Is the food industry in the Philippines growing?

The Philippines Food and Beverages Market revenue has crossed USD 100 billion in 2020 and is expected to grow at a 7.16% CAGR during the forecast period of 2021 to 2027.

What is the number 1 food service retailer in the Philippines?

In 2017, the largest foodservice company in the Philippines was Jollibee with a market share of 11.9 percent in the foodservice industry.

How big is fast food industry?

The fast food market size was valued at $647.7 billion in 2019 and is estimated to reach $931.7 billion by 2027, growing at a CAGR of 4.6% during the forecast period. Fast food is defined as food that is quick to prepare and serve.

What is the most popular fast food restaurant in the Philippines 2020?

Network-wise, Jollibee is the No. 1 fast-food chain in the country today, with more than 600 outlets all over the country (278 of them in Metro Manila alone — for delivery, call 87000) and over 30 stores abroad, bringing a taste of Pinoy burger and more to the world. Jollibee is surely busy as a bee.

What are the Filipino fast food?

Ready-to-cook meals from Filipino fast food chains

Jollibee – ready-to-cook Chickenjoy.
Chowking – frozen Chinese dishes.
Mang Inasal – ready-to-grill chicken inasal.
McDonald’s – cook-it-yourself meals and ingredients.
Subway – make-your-own-sandwich sets.
Greenwich – pizza toppings for your homemade pizzas.

What is the leading fast food chain in the Philippines?

Jollibee Widely renowned as the largest fast food chain in the Philippines, it has acquired other chains such as ChowKing, Greenwich, Red Ribbon, and Mang Inasal.