Singapore Foodservice Market Summary, Competitive Analysis and Forecast, 2017-2026
Summary
Foodservice in Singapore industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value and volume 2017-21, and forecast to 2026). 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 $8.3 billion in 2021, representing a compound annual growth rate (CAGR) of 1.2% between 2016 and 2021.
- Industry consumption volume increased with a CAGR of 1.2% between 2016 and 2021, to reach a total of 1.1 billion transactions in 2021.
- Robust tourism, business travel and high consumer expenditure have all been crucial in driving growth in this industry as the economy is recovering and restrictions are lifted. The Singaporean foodservice industry is highly diverse, with a wide range of Western and Asian food options available.
- 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 by both value and volume
- What was the size of the Singapore foodservice market by value in 2021?
- What will be the size of the Singapore foodservice market in 2026?
- What factors are affecting the strength of competition in the Singapore foodservice market?
- How has the market performed over the last five years?
- Who are the top competitors in Singapore's foodservice market?
- 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?
- 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 MarketLine research
- 10.4. About MarketLine
- List of Tables
- Table 1: Singapore foodservice industry value: $ million, 2016-21
- Table 2: Singapore foodservice industry volume: million transactions, 2016-21
- Table 3: Singapore foodservice industry category segmentation: % share, by value, 2016-2021
- Table 4: Singapore foodservice industry category segmentation: $ million, 2016-2021
- Table 5: Singapore foodservice industry geography segmentation: $ million, 2021
- Table 6: Singapore foodservice industry value forecast: $ million, 2021-26
- Table 7: Singapore foodservice industry volume forecast: million transactions, 2021-26
- Table 8: McDonald's Corp: key facts
- Table 9: McDonald's Corp: Annual Financial Ratios
- Table 10: McDonald's Corp: Key Employees
- Table 11: McDonald's Corp: Key Employees Continued
- Table 12: McDonald's Corp: Key Employees Continued
- Table 13: Yum! Brands, Inc.: key facts
- Table 14: Yum! Brands, Inc.: Annual Financial Ratios
- Table 15: Yum! Brands, Inc.: Key Employees
- Table 16: Yum! Brands, Inc.: Key Employees Continued
- Table 17: Crystal Jade Culinary Concept Holdings: key facts
- Table 18: Crystal Jade Culinary Concept Holdings: Key Employees
- Table 19: Doctor's Associates Inc: key facts
- Table 20: Doctor's Associates Inc: Key Employees
- Table 21: Starbucks Corporation: key facts
- Table 22: Starbucks Corporation: Annual Financial Ratios
- Table 23: Starbucks Corporation: Key Employees
- Table 24: Starbucks Corporation: Key Employees Continued
- Table 25: Starbucks Corporation: Key Employees Continued
- Table 26: BreadTalk Group Limited: key facts
- Table 27: BreadTalk Group Limited: Key Employees
- Table 28: Restaurant Brands International Inc: key facts
- Table 29: Restaurant Brands International Inc: Annual Financial Ratios
- Table 30: Restaurant Brands International Inc: Key Employees
- Table 31: Singapore size of population (million), 2017-21
- Table 32: Singapore gdp (constant 2005 prices, $ billion), 2017-21
- Table 33: Singapore gdp (current prices, $ billion), 2017-21
- Table 34: Singapore inflation, 2017-21
- Table 35: Singapore consumer price index (absolute), 2017-21
- Table 36: Singapore exchange rate, 2017-21
- List of Figures
- Figure 1: Singapore foodservice industry value: $ million, 2016-21
- Figure 2: Singapore foodservice industry volume: million transactions, 2016-21
- Figure 3: Singapore foodservice industry category segmentation: $ million, 2016-2021
- Figure 4: Singapore foodservice industry geography segmentation: % share, by value, 2021
- Figure 5: Singapore foodservice industry value forecast: $ million, 2021-26
- Figure 6: Singapore foodservice industry volume forecast: million transactions, 2021-26
- Figure 7: Forces driving competition in the foodservice industry in Singapore, 2021
- Figure 8: Drivers of buyer power in the foodservice industry in Singapore, 2021
- Figure 9: Drivers of supplier power in the foodservice industry in Singapore, 2021
- Figure 10: Factors influencing the likelihood of new entrants in the foodservice industry in Singapore, 2021
- Figure 11: Factors influencing the threat of substitutes in the foodservice industry in Singapore, 2021
- Figure 12: Drivers of degree of rivalry in the foodservice industry in Singapore, 2021
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