In 2023, supermarkets in the Philippines generated total sales value of approximately 12.73 billion U.S. dollars, indicating an increase from the previous year. The Philippines’ retail industry thrives on food sales, resulting in increasing retail sales value of supermarkets yearly.
Supermarket chains in the Philippines
With supermarkets and hypermarkets becoming more popular in different areas and regions in the Philippines, several competing retail chains emerged. Puregold Price Club, a chain of supermarkets, had almost 200 stores in the Luzon region in 2019. Like Puregold, SM, which held 3.3 percent value share in the FMCG retail industry, is also a chain of supermarkets that provides various brands and covers a wide range of products such as electronics, home items, and different lifestyle items.
Other retail or outlet stores
Apart from supermarkets and hypermarkets, business owners are exploring smaller retail formats such as mini-marts. Alfamart, co-owned by SM and an Indonesian partner, is a mini-mart which had over 1,600 stores nationwide providing supermarket goods and prices in neighborhood locations.
Total sales value of supermarkets in the Philippines from 2015 to 2023, with a forecast for 2024
(in billion U.S. dollars)
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USDA Foreign Agricultural Service. (October 3, 2024). Total sales value of supermarkets in the Philippines from 2015 to 2023, with a forecast for 2024 (in billion U.S. dollars) [Graph]. In Statista. Retrieved December 21, 2024, from https://www.statista.com/statistics/714574/retail-sales-value-of-supermarkets-in-the-philippines/
USDA Foreign Agricultural Service. "Total sales value of supermarkets in the Philippines from 2015 to 2023, with a forecast for 2024 (in billion U.S. dollars)." Chart. October 3, 2024. Statista. Accessed December 21, 2024. https://www.statista.com/statistics/714574/retail-sales-value-of-supermarkets-in-the-philippines/
USDA Foreign Agricultural Service. (2024). Total sales value of supermarkets in the Philippines from 2015 to 2023, with a forecast for 2024 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: December 21, 2024. https://www.statista.com/statistics/714574/retail-sales-value-of-supermarkets-in-the-philippines/
USDA Foreign Agricultural Service. "Total Sales Value of Supermarkets in The Philippines from 2015 to 2023, with a Forecast for 2024 (in Billion U.S. Dollars)." Statista, Statista Inc., 3 Oct 2024, https://www.statista.com/statistics/714574/retail-sales-value-of-supermarkets-in-the-philippines/
USDA Foreign Agricultural Service, Total sales value of supermarkets in the Philippines from 2015 to 2023, with a forecast for 2024 (in billion U.S. dollars) Statista, https://www.statista.com/statistics/714574/retail-sales-value-of-supermarkets-in-the-philippines/ (last visited December 21, 2024)
Total sales value of supermarkets in the Philippines from 2015 to 2023, with a forecast for 2024 (in billion U.S. dollars) [Graph], USDA Foreign Agricultural Service, October 3, 2024. [Online]. Available: https://www.statista.com/statistics/714574/retail-sales-value-of-supermarkets-in-the-philippines/
