In 2022, the combined sales of quick-service restaurants (QSR) or limited-service restaurants (LSR) in the Philippines reached 5.72 billion U.S. dollars, reflecting an increase from the previous year. Fast food restaurant sales in the Philippines dropped in 2020 during the COVID-19 pandemic and have been reflecting growth in the following years.
Sales of quick service restaurants in the Philippines 2015 to 2022, with a forecast for 2023 (in billion U.S. dollars)
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Key indicators
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Fast food restaurants
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Full-service restaurants
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Café, bars, and street stalls
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Online food delivery
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Consumer behavior
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Further Content: You might find this interesting as well
USDA Foreign Agricultural Service. (October 4, 2023). Sales of quick service restaurants in the Philippines 2015 to 2022, with a forecast for 2023 (in billion U.S. dollars) [Graph]. In Statista. Retrieved June 17, 2024, from https://www.statista.com/statistics/1274001/philippines-quick-service-restaurant-sales/
USDA Foreign Agricultural Service. "Sales of quick service restaurants in the Philippines 2015 to 2022, with a forecast for 2023 (in billion U.S. dollars)." Chart. October 4, 2023. Statista. Accessed June 17, 2024. https://www.statista.com/statistics/1274001/philippines-quick-service-restaurant-sales/
USDA Foreign Agricultural Service. (2023). Sales of quick service restaurants in the Philippines 2015 to 2022, with a forecast for 2023 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: June 17, 2024. https://www.statista.com/statistics/1274001/philippines-quick-service-restaurant-sales/
USDA Foreign Agricultural Service. "Sales of Quick Service Restaurants in The Philippines 2015 to 2022, with a Forecast for 2023 (in Billion U.S. Dollars)." Statista, Statista Inc., 4 Oct 2023, https://www.statista.com/statistics/1274001/philippines-quick-service-restaurant-sales/
USDA Foreign Agricultural Service, Sales of quick service restaurants in the Philippines 2015 to 2022, with a forecast for 2023 (in billion U.S. dollars) Statista, https://www.statista.com/statistics/1274001/philippines-quick-service-restaurant-sales/ (last visited June 17, 2024)
Sales of quick service restaurants in the Philippines 2015 to 2022, with a forecast for 2023 (in billion U.S. dollars) [Graph], USDA Foreign Agricultural Service, October 4, 2023. [Online]. Available: https://www.statista.com/statistics/1274001/philippines-quick-service-restaurant-sales/