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FAS - Foreign Agricultural Service

12/30/2025 | Press release | Distributed by Public on 12/31/2025 08:45

Philippines: Food Service - Hotel Restaurant Institutional Annual

The Philippine food service sector surpassed pre-pandemic outlet numbers in 2024, driven by expansion of restaurant chains into new locations and the entry of international brands and innovative restaurant concepts, signaling ongoing growth opportunities. Despite economic headwinds and slower-than-expected GDP growth, rising incomes, strong remittance inflows, and a resilient tourism industry continue to boost consumer spending in hotels, restaurants, cafes, and kiosks. The Philippines remains the top Southeast Asian market for U.S. consumer-oriented agricultural exports, with sustained demand for beef, pork, poultry, cheese, food preparations, fresh and processed fruits and vegetables, tree nuts, and beverages.

FAS - Foreign Agricultural Service published this content on December 30, 2025, and is solely responsible for the information contained herein. Distributed via Public Technologies (PUBT), unedited and unaltered, on December 31, 2025 at 14:45 UTC. If you believe the information included in the content is inaccurate or outdated and requires editing or removal, please contact us at [email protected]