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Base Year
Historical Year
Forecast Year
The Philippines food service market reached around USD 10.98 million in 2023. The market is projected to grow at a CAGR of 15.1% between 2024 and 2032 to reach nearly USD 38.93 million by 2032.
Philippines Food Service Market Report Summary | Description | Value |
Base Year | USD Million | 2023 |
Historical Period | USD Million | 2018-2023 |
Forecast Period | USD Million | 2024-2032 |
Market Size 2023 | USD Million | 10.98 |
Market Size 2032 | USD Million | 38.93 |
CAGR 2018-2023 | Percentage | XX% |
CAGR 2024-2032 | Percentage | 15.1% |
CAGR 2024-2032 - Market by Sector | Fast Food Restaurants | 16.3% |
CAGR 2024-2032 - Market by Systems | Conventional Foodservice System | 16.2% |
2023 Market Share by Sector | Full-Service Restaurants | XX% |
Philippines Food Service Market Size
Philippines Food Service Market Growth
Philippines Food Service Market Share
Philippines Food Service Companies
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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The market reached nearly USD 10.98 million in 2023.
The market is projected to grow at a CAGR of 15.1% between 2024 and 2032.
The market is assessed to witness healthy growth in the forecast period to reach around USD 38.93 million in 2032.
The major sectors in the market include commercial and non-commercial.
The different systems in the market include conventional foodservice system, centralised foodservice system, ready prepared foodservice system, and assembly-serve foodservice system.
The different restaurants in the food service industry include fast food restaurants, full-service restaurants, limited-service restaurants, and special food services restaurants.
The key market players are 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, and J.CO Donuts & Coffee’s, among others.
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Australia
63 Fiona Drive, Tamworth, NSW
+61 448 06 17 27
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-858-608-1494
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City,1226.
+63 287899028, +63 967 048 3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
United States (Head Office)
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84865399124
United States (Head Office)
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Australia
63 Fiona Drive, Tamworth, NSW
+61 448 06 17 27
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-858-608-1494
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.
+63 287899028, +63 967 048 3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84865399124