Start Your Next Business Venture for as Low as P2,000 With These Pinoy Food Favorites

Starting and growing a business is easier said than done, especially during the pandemic, which has greatly affected the food retail industry in the Philippines. Despite this, the industry is bouncing back using a different approach in terms of food concepts, target market, cost, and capital.

Food is one of the best business ideas in the Philippines because Filipinos love eating. Whether you’re a college student who wants an extra income or a corporate employee who dreams of escaping the 9-6 job, check out our list of trendy food business ideas with good profit that you can start for as low as P2,000.

Light Meals

Filipino cuisine is blessed with scrumptious yet affordable snacks to munch on. From mid-morning eats to street foods, you can start selling Filipino favorites for as low as P2,000 including lugaw (porridge), pancit palabok, puto (Filipino steamed ricke cake), biko (sweet rice cake), banana cue, fish balls, and kwek-kwek (boiled quail eggs covered in orange batter).

Merienda food business is profitable since they are affordable by many customers, with an estimated net profit of P500 to P1,000 per day. The only disadvantage of this food business is that the competition is high.

Rice Meals

Aside from its gorgeous beaches, the Philippines is brimming with rice fields and crops, refelcting most Filipinos’ love for eating rice meals.

One of the most popular rice meal options are silog recipes or breakfast dishes mixed with sinangag (fried rice) and itlog (egg). Some of these are tapsilog, hotsilog, Filipino beef morcon, corned beef silog, bistek silog, danggit silog, and more.

If you don’t have sufficient capital for a food cart, you may offer an online food delivery service. The potential profit margin is 70% to 80%. Although the competition is also high, we recommend choosing an exclusive location and ensuring that the taste and quality of your meals are better than others.

Preserved Goods

For future entrepreneurs who prefer a food business with longer shelf life, you may opt to sell preserved goods such as tuyo flakes, daing, ginisang bagoong (fermented fish), chili oil, and aligue (crab fat), among others. These can be a profitable business as they make a perfect side dish to many Filipino meals.

Before starting this kind of food business, it is important to learn the proper preservation process, especially if you choose to make a new recipe.

Healthy Meal Diet Delivery Service

As the COVID-19 pandemic compromised public health, most people became physically active and now prefer nourishing meals with low calories. The target customers of this food business idea are those who want to keep on track of their nutrition goals such as health-conscious millennials, health advocates, and people with dietary restrictions.

Just make sure to consult experts and specialists when it comes to the preparations of meals and recipes.

The expected daily capital for this food business is around P3,000 to P5,000. One of the benefits of starting a healthy meal diet delivery service is that all transactions can be done online. However, the challenging part is to keep the ingredients fresh and avoid any spoilage.