Philippines – The Future of Foodservice to 2025

"Philippines – The Future of Foodservice to 2025” published by GlobalData provides extensive insight and analysis of the Filipino Foodservice market over the next five years (2020-2025) and acts as a vital point of reference for operators or suppliers.

The Filipino foodservice profit sector contracted at a CAGR of 3.7% during 2015-2020, on account of the national lockdown that was implemented in March 2020 to reduce the virus spread. The COVID-19 related safety measures forced the shutdown of foodservice outlets such as restaurants, cafes which negatively impacted the sector sales revenue during the review period, especially in 2020. Even with some relaxations on restrictions, most of the Filipino consumers were unwilling to step out owing to low confidence which adversely affected the transactions from dine-in restaurants. However, take-away and drive-thru helped in mitigating some losses incurred during the review period.

The report includes –

– Overview of the Philippines macro-economic landscape: Detailed analysis of current macro-economic factors and their impact on the Filipino foodservice market including GDP per capita, consumer price index, population growth and annual household income distribution.

– Growth dynamics: In-depth data and forecasts of key channels (QSR, FSR, Coffee & Tea Shops, Pubs, Clubs and Bars) within the Filipino foodservice market, including the value of the market, number of transactions, number of outlets and average transaction price.

– Customer segmentation: identify the most important demographic groups, buying habits and motivations that drive out-of-home meal occasions among segments of the Filipino population.

– Key players: Overview of market leaders within the four major channels including business descriptions and number of outlets.

Scope

– The QSR is the largest channel in the Filipino foodservice profit sector by revenue, representing 50.5% of total sector revenue in 2020. The QSR channel is among those channels wherein the average transaction value is on the higher end of the price spectrum.

– The QSR channel also led in terms of the number of outlets in 2020. However, the channel registered a decline in outlet numbers, owing to the disruptions created due to the pandemic. Meanwhile, FSR, accommodation, leisure, retail, and ice cream parlor channels saw their numbers grew during the review period.

– The Filipino consumers, especially millennials, constituting a large base of the population, aimed at spending on convenient food options, supported the QSR's growth during the review period. Moreover, the already established presence of online deliveries and takeaways pre-lockdown helped the channel to remain at the top of the foodservice industry.

Reasons to buy

– Specific forecasts of the foodservice market over the next five years (2020-2025) will give readers the ability to make informed business decisions through identifying emerging/declining markets.

– Consumer segmentation detailing the desires of known consumers among all major foodservice channels (QSR, FSR, Coffee & Tea shops, Pubs, Clubs and Bars) will allow readers understand the wants and needs of their target demographics.

Companies mentioned

Jollibee Foods Corp

McDonald's Corporation

Duskin Co. Ltd.

Starbucks Corporation

Yum! Brands Inc.

The Jacmar Companies

Pizza Hut

Coffee Project

Krispy kremem Doughnuts

Table of Contents

Table of Contents

Introduction

Macroeconomic Context

Profit Sector Metrics

Profit Sector by Channel

Quick Service Restaurants (QSR)

Full Service Restaurants (FSR)

Coffee and Tea Shops

Pub, club & bar

Cost Sector Metrics

Appendix

    Pricing

Discounts available for multiple purchases.

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