Foodservice in Singapore - Market Summary, Competitive Analysis and Forecast to 2025

Foodservice in Singapore industry profile provides top-line qualitative and quantitative summary information including: market size (value 2016-20, and forecast to 2025). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.

Key Highlights

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 $7.0bn in 2020, representing a compound annual rate of change (CARC) of -2.1% between 2016 and 2020.
Industry transaction volume increased with a compound annual growth rate (CAGR) of 1.3% between 2016 and 2020, to reach a total of 1.1 billion transactions in 2020.
Robust tourism, business travel and high consumer expenditure have all been crucial in driving growth in this industry prior to 2020. The Singaporean foodservice industry is highly diverse, with a wide range of Western and Asian food options available.

Scope

Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the foodservice market in Singapore
Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the foodservice market in Singapore
Leading company profiles reveal details of key foodservice market players’ global operations and financial performance
Add weight to presentations and pitches by understanding the future growth prospects of the Singapore foodservice market with five year forecasts

Reasons to Buy

What was the size of the Singapore foodservice market by value in 2020?
What will be the size of the Singapore foodservice market in 2025?
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?

Frequently Asked Questions about the Foodservice Market in Singapore

What is the estimated value of the Foodservice Market in Singapore?

The Foodservice Market in Singapore was estimated to be valued at $6.97 Billion in 2020.

What is the growth rate of the Foodservice Market in Singapore?

The growth rate of the Foodservice Market in Singapore is 8.2%, with an estimated value of $10.35 Billion by 2025.

What is the forecasted size of the Foodservice Market in Singapore?

The Foodservice Market in Singapore is estimated to be worth $10.35 Billion by 2025.

Who are the key companies in the Foodservice Market in Singapore?

Key companies in the Foodservice Market in Singapore include McDonald's Corp, Yum! Brands, Inc., Crystal Jade Culinary Concept Holdings, Doctor's Associates Inc, Starbucks Corporation and Restaurant Brands International Inc.

Report Attribute	Details
No. of Pages	55
Published	September 2021
Forecast Period	2020 - 2025
Estimated Market Value ( USD ) in 2020	$ 6.97 Billion
Forecasted Market Value ( USD ) by 2025	$ 10.35 Billion
Compound Annual Growth Rate	8.2%
Regions Covered	Singapore

1 Executive Summary

1.1. Market value
1.2. Market value forecast
1.3. Market volume
1.4. Market volume forecast
1.5. Category segmentation
1.6. Geography segmentation
1.7. Market rivalry
1.8. Competitive Landscape

2 Market Overview

2.1. Market definition
2.2. Market analysis

3 Market Data

3.1. Market value
3.2. Market volume

4 Market Segmentation

4.1. Category segmentation
4.2. Geography segmentation

5 Market Outlook

5.1. Market value forecast
5.2. Market volume forecast

6 Five Forces Analysis

6.1. Summary
6.2. Buyer power
6.3. Supplier power
6.4. New entrants
6.5. Threat of substitutes
6.6. Degree of rivalry

7 Competitive Landscape

7.1. Who are the leading players?
7.2. What strategies do the leading players follow?
7.3. How is technology being used by the leading companies?
7.4. How are foodservice companies responding to cultural/consumer trends?
7.5. How have players in the market responded to the COVID-19 pandemic?

8 Company Profiles

8.1. McDonald's Corp
8.2. Yum! Brands, Inc.
8.3. Crystal Jade Culinary Concept Holdings
8.4. Doctor's Associates Inc
8.5. Starbucks Corporation
8.6. BreadTalk Group Limited
8.7. Restaurant Brands International Inc

9 Macroeconomic Indicators

9.1. Country data

10 Appendix

10.1. Methodology
10.2. Industry associations
10.3. Related Research
10.4. About the Publisher

List of Tables

Table 1: Singapore foodservice industry value: $ million, 2016-20
Table 2: Singapore foodservice industry volume: million transactions, 2016-20
Table 3: Singapore foodservice industry category segmentation: $ million, 2020
Table 4: Singapore foodservice industry geography segmentation: $ million, 2020
Table 5: Singapore foodservice industry value forecast: $ million, 2020-25
Table 6: Singapore foodservice industry volume forecast: million transactions, 2020-25
Table 7: McDonald's Corp: key facts
Table 8: McDonald's Corp: Annual Financial Ratios
Table 9: McDonald's Corp: Key Employees
Table 10: McDonald's Corp: Key Employees Continued
Table 11: Yum! Brands, Inc.: key facts
Table 12: Yum! Brands, Inc.: Annual Financial Ratios
Table 13: Yum! Brands, Inc.: Key Employees
Table 14: Yum! Brands, Inc.: Key Employees Continued
Table 15: Crystal Jade Culinary Concept Holdings: key facts
Table 16: Crystal Jade Culinary Concept Holdings: Key Employees
Table 17: Doctor's Associates Inc: key facts
Table 18: Doctor's Associates Inc: Key Employees
Table 19: Starbucks Corporation: key facts
Table 20: Starbucks Corporation: Annual Financial Ratios
Table 21: Starbucks Corporation: Key Employees
Table 22: Starbucks Corporation: Key Employees Continued
Table 23: Starbucks Corporation: Key Employees Continued
Table 24: BreadTalk Group Limited: key facts
Table 25: BreadTalk Group Limited: Key Employees
Table 26: Restaurant Brands International Inc: key facts
Table 27: Restaurant Brands International Inc: Annual Financial Ratios
Table 28: Restaurant Brands International Inc: Key Employees
Table 29: Singapore size of population (million), 2016-20
Table 30: Singapore gdp (constant 2005 prices, $ billion), 2016-20
Table 31: Singapore gdp (current prices, $ billion), 2016-20
Table 32: Singapore inflation, 2016-20
Table 33: Singapore consumer price index (absolute), 2016-20
Table 34: Singapore exchange rate, 2016-20

List of Figures

Figure 1: Singapore foodservice industry value: $ million, 2016-20
Figure 2: Singapore foodservice industry volume: million transactions, 2016-20
Figure 3: Singapore foodservice industry category segmentation: % share, by value, 2020
Figure 4: Singapore foodservice industry geography segmentation: % share, by value, 2020
Figure 5: Singapore foodservice industry value forecast: $ million, 2020-25
Figure 6: Singapore foodservice industry volume forecast: million transactions, 2020-25
Figure 7: Forces driving competition in the foodservice industry in Singapore, 2020
Figure 8: Drivers of buyer power in the foodservice industry in Singapore, 2020
Figure 9: Drivers of supplier power in the foodservice industry in Singapore, 2020
Figure 10: Factors influencing the likelihood of new entrants in the foodservice industry in Singapore, 2020
Figure 11: Factors influencing the threat of substitutes in the foodservice industry in Singapore, 2020
Figure 12: Drivers of degree of rivalry in the foodservice industry in Singapore, 2020