Philippines: largest foodservice companies by market share | Statista (2024)

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Philippines: largest foodservice companies by market share | Statista? ›

Largest foodservice companies Philippines 2021, by market share. In 2021, the largest food service company in the Philippines was Jollibee ,with a market share of 29.7 percent. This was followed by McDonald's Corp with a market share of 9.4 percent.

In 2021, the largest food service company in the Philippines was Jollibee Foods Corp, with approximately 2.53 billion U.S. dollars worth of sales. Jollibee is one of the fast food restaurants owned by Jollibee Foods Corporation.

Jollibee is the largest fast food chain brand in the Philippines, operating a network of more than 1,500 stores in 17 countries. A dominant market leader in the Philippines, Jollibee enjoys the lion's share of the local market that is more than all the other multinational fast food brands in PH combined.

Bringing happiness in the Philippines and abroad

Known for its Jolly Spaghetti and Chickenjoy, Jollibee managed to maintain its position as the country's largest fast-food chain brand, operating a network of 1,400 stores nationwide and close to a hundred locations abroad.

Full service restaurants have 25% share of the food service market estimated at Php 158 billion in 2023.

The support of loyal customers across generations and locations has solidified Jollibee's position as a well-loved global restaurant brand. Jollibee Foods Corporation (JFC, also known as Jollibee Group) is one of the fastest-growing restaurant companies in the world.

Jollibee has a wider and deeper market penetration than McDonald's in the Philippines, especially in the rural and provincial areas. Jollibee has more than 1,000 outlets in the Philippines, compared to McDonald's 600 outlets. So... will it be Chicken Joy or McDonald's Chicken.

In 2021, the largest food service company in the Philippines was Jollibee ,with a market share of 29.7 percent. This was followed by McDonald's Corp with a market share of 9.4 percent.

Who are McDonald's Philippines competitors? ›

Jollibee of the Jollibee Foods Corporation is often referred to as McDonald's Philippines primary competitor.

McDonald's: The Rise of the Filipino Fast-Food Chain. In 1978, a small business owner started a burger restaurant in the Philippines. Three years later, McDonald's entered his market, and he had to choose: compete with the world's biggest burger chain or sell his business to them.

Meet Jollibee, The Filipino Fried Chicken Chain That's (Sorry) Better Than KFC.

According to a new report published by Allied Market Research titled, “Quick Service Restaurants Market by Food Type, and Nature: Philippines Opportunity Analysis and Industry Forecast, 2019–2026,” The Philippines quick service restaurants market size was valued at $4.6 billion in 2018, and is expected to reach $7.9 ...

The market is expected to grow annually by 6.90% (CAGR 2022- 2025). In here, we have highlighted the growth in the gross value added in manufacturing for food and beverages sectors, compared with the overall growth in the manufacturing sector.

The five largest food and beverage companies in the U.S. and Canada remain PepsiCo., Tyson Foods, JBS USA, Nestle and Kraft Heinz. That's according to our annual reporting of the top food & beverage companies in North America. For an alphabetic list of all the companies, click here.

In 2021, the largest food service company in the Philippines was Jollibee ,with a market share of 29.7 percent. This was followed by McDonald's Corp with a market share of 9.4 percent.

Jollibee is owned by the Jollibee Foods Corporation, which is based in Pasig, Philippines.