Philippine fast food giant Jollibee Foods Corp is accelerating its growth in Southeast Asia, driven by strong regional sales and a commitment to localized offerings.
In Q1 2025, the company reported a 27.8% increase in systemwide sales across its Southeast Asia operations, excluding its home market.
This growth aligns with Jollibee’s five-year plan to triple its attributable net income, with localization as a key strategy. By adapting its menu to local preferences, the brand has strengthened its appeal with local consumers.
Expansion in key markets
Jollibee’s rapid store expansion has been a key driver of its sustained growth. In 2024, the company opened 51 new outlets across Southeast Asia, including its 200th store in Vietnam, reinforcing its commitment to strengthening its presence in competitive markets.
Beyond adding new stores, Jollibee has positioned itself as a leading quick-service restaurant brand in the region. In Brunei, the brand holds a dominant market position, while in Vietnam, it enjoys strong local patronage. The same trend extends to Malaysia and Singapore, where local engagement is steadily growing.
Brand strength and innovation
A key driver of Jollibee’s success in the region is its flagship Chickenjoy fried chicken, which has been recognized as among the best in the industry. Another variant, the Spicy Chickenjoy, has also been gaining traction.
Beyond its signature offerings, the company continues to strengthen its appeal by introducing locally inspire menu offerings. Items like Chili Chicken in Vietnam and Spicy Spaghetti in Malaysia have been well received, reinforcing Jollibee’s connection with local consumers.
Growth and global expansion
CEO Ernesto Tanmantiong said Southeast Asia is a key region in the company’s international expansion. It plans to expand further in the region, leveraging franchise development and new partnerships to strengthen its market presence.
Meanwhile, parent company Jollibee Group also continues to expand, now operating 19 brands with over 9900 stores across 33 countries. Chief Financial and Risk Officer Richard Shin noted the Group’s 14.6% rise in revenues driven by increased promotions. Strong operational performance and a disciplined approach led to double digit growth in operating income and improved margins.
Looking ahead, the company expects continued strong performance and remains proactive in tackling economic challenges, reaffirming its full-year guidance with confidence in its strategy and execution.