Foodservice in Singapore industry profile provides top-line qualitative and quantitative summary information including: market size (value and volume 2012-16, and forecast to 2021). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Essential resource for top-line data and analysis covering the Singapore foodservice market. Includes market size and segmentation data, textual and graphical analysis of market growth trends, leading companies and macroeconomic information.
Foodservice is defined as the value of all food and drink, including on-trade drinks not drunk with food, for immediate consumption on the premises or in designated eating areas shared with other foodservice operators, or in the case of takeaway transactions, freshly prepared food for immediate consumption. Foodservice is restricted to the sale of food and drink in specific foodservice channels defined below and excludes vending machines.
The Singaporean foodservice industry had total revenues of $8.6bn in 2016, representing a compound annual growth rate (CAGR) of 4.3% between 2012 and 2016.
Industry consumption volume increased with a CAGR of 2.5% between 2012 and 2016, to reach a total of 1.3 billion transactions in 2016.
Growth in the Singaporean industry will continue as consumers look for easy meals on the go.
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What was the size of the Singapore foodservice market by value in 2016?
What will be the size of the Singapore foodservice market in 2021?
What factors are affecting the strength of competition in the Singapore foodservice market?
How has the market performed over the last five years?
What are the main segments that make up Singapore's foodservice market?