Back to photostream

Singapore's Food Service Market

Singapore's food service market is projected to reach USD 55.93 billion by 2030, with a 17.59% CAGR from 2024, requiring understanding of key trends and consumer preferences. Singapore's foodservice market, valued at USD 24.88 billion in 2024 Sept, is expanding due to fast-paced lifestyles, efficient service demands, and increasing delivery services. Singapore's food service market comprises cafes & bars, cloud kitchens, full-service restaurants, and quick-service restaurants, with high CAGR value in cafes & bars and full-service restaurants. Singapore's diverse culinary scene, dominated by Asian cuisines, is fueled by online meal delivery platforms and varying consumer spending patterns. Singapore's food service market is a dynamic ecosystem with innovative offerings and diverse culinary experiences, offering opportunities for local and international players to meet consumer demands.

#sgfoodie #singaporefood #food #foodie #eats #foodporn #ınstafood #sgfoodblogger #foodbeast #localfood #hawkerfood #singaporelife #singapore #fast #easymeals #onthego #foodies #cafe #coffeelovers #brunch #latteart #cocktails #vibes #finedining #specialoccasion #weekendvibes #homecooking #asianfood #market CogniCraft Solutions

48 views
0 faves
0 comments
Uploaded on January 15, 2024