Product Code: CFSSG
The goods and services tax (GST) rate in Singapore was raised from 8% to 9% from 1 January 2024, which led to an increase in the cost of dining out. It also led to an increase in the prices of essential goods and basic necessities which negatively impacted consumer purchasing power in 2024. As a result, many consumers cut back on discretionary spending, including when it came to consumer foodservice which saw flat growth in terms of the number of transactions in 2024, with value growth fuelled b...
Euromonitor International's Consumer Foodservice in Singapore report offers a comprehensive guide to the size and shape of the market at a national level. It provides foodservice sales, the number of outlets and the number of transactions by sector, allowing you to identify the foodservice sectors driving growth. It identifies the leading companies, the leading brands and offers strategic analysis of key factors influencing the market - be they eating habits, lifestyle changes, tourism spending or legislative issues. Forecasts to 2029 illustrate how the market is set to change.
Product coverage: Consumer Foodservice by Fulfillment, Consumer Foodservice by Location, Consumer Foodservice by Ordering Platform, Consumer Foodservice by Type.
Data coverage: market sizes (historic and forecasts), company shares, brand shares and distribution data.
Why buy this report?
-  Get a detailed picture of the Consumer Foodservice market;
-  Pinpoint growth sectors and identify factors driving change;
-  Understand the competitive environment, the market's major players and leading brands;
-  Use five-year forecasts to assess how the market is predicted to develop.
TABLE OF CONTENTS
List Of Contents And Tables
EXECUTIVE SUMMARY
- Consumer foodservice in 2024: The big picture
- 2024 key trends
- Competitive landscape
- Independent foodservice developments
- What next for consumer foodservice?
MARKET DATA
- Table 1 Units, Transactions and Value Sales in Consumer Foodservice 2019-2024
- Table 2 Units, Transactions and Value Sales in Consumer Foodservice: % Growth 2019-2024
- Table 3 Consumer Foodservice by Independent vs Chained by Type: Units/Outlets 2024
- Table 4 Consumer Foodservice by Independent vs Chained: % Foodservice Value 2019-2024
- Table 5 Sales in Consumer Foodservice by Food vs Drink Split: % Foodservice Value 2019-2024
- Table 6 Sales in Consumer Foodservice by Food vs Drink Split by Type: % Foodservice Value 2024
- Table 7 Sales in Consumer Foodservice by Location: % Foodservice Value 2019-2024
- Table 8 Sales in Consumer Foodservice by Fulfillment: % Foodservice Value 2019-2024
- Table 9 GBO Company Shares in Chained Consumer Foodservice: % Foodservice Value 2020-2024
- Table 10  GBN Brand Shares in Chained Consumer Foodservice: % Foodservice Value 2021-2024
- Table 11  GBN Brand Shares in Chained Consumer Foodservice: Units/Outlets 2024
- Table 12  Forecast Units, Transactions and Value Sales in Consumer Foodservice 2024-2029
- Table 13  Forecast Units, Transactions and Value Sales in Consumer Foodservice: % Growth 2024-2029
DISCLAIMER
SOURCES
- Summary 1 Research Sources
LIMITED-SERVICE RESTAURANTS IN SINGAPORE
KEY DATA FINDINGS
2024 DEVELOPMENTS
- Limited-service restaurants see slower growth in 2024 but burger and chicken meals remain popular
- Influx of international chains leading to more intense competition
- Players promote value for money offerings to attract more customers
PROSPECTS AND OPPORTUNITIES
- Rising costs may force brands to innovate to maintain margins
- Limited-service restaurants will innovate to provide more value to eat-in customers
- Brands will need to adapt their menu offerings to local tastes and trends
CATEGORY DATA
- Table 14 Limited-Service Restaurants by Category: Units/Outlets 2019-2024
- Table 15 Sales in Limited-Service Restaurants by Category: Number of Transactions 2019-2024
- Table 16 Sales in Limited-Service Restaurants by Category: Foodservice Value 2019-2024
- Table 17 Limited-Service Restaurants by Category: % Units/Outlets Growth 2019-2024
- Table 18 Sales in Limited-Service Restaurants by Category: % Transaction Growth 2019-2024
- Table 19 Sales in Limited-Service Restaurants by Category: % Foodservice Value Growth 2019-2024
- Table 20 GBO Company Shares in Chained Limited-Service Restaurants: % Foodservice Value 2020-2024
- Table 21 GBN Brand Shares in Chained Limited-Service Restaurants: % Foodservice Value 2021-2024
- Table 22 Forecast Limited-Service Restaurants by Category: Units/Outlets 2024-2029
- Table 23  Forecast Sales in Limited-Service Restaurants by Category: Number of Transactions 2024-2029
- Table 24  Forecast Sales in Limited-Service Restaurants by Category: Foodservice Value 2024-2029
- Table 25  Forecast Limited-Service Restaurants by Category: % Units/Outlets Growth 2024-2029
- Table 26  Forecast Sales in Limited-Service Restaurants by Category: % Transaction Growth 2024-2029
- Table 27  Forecast Sales in Limited-Service Restaurants by Category: % Foodservice Value Growth 2024-2029
CAFES/BARS IN SINGAPORE
KEY DATA FINDINGS
2024 DEVELOPMENTS
- Cafes/bars see modest growth against a backdrop of economic uncertainty
- Specialist coffee and tea shops benefit from new entrants
- Affordability and value remain a key factor behind consumer purchasing decisions
PROSPECTS AND OPPORTUNITIES
- New bars/pubs expected to open over the forecast period encouraged by Singapore's lively nightlife
- Chained cafes set to benefit from recovery of inbound tourism and the entry of well-known Malaysian brands
- Sustainability and health concerns likely to influence demand
CATEGORY DATA
- Table 28 Cafes/Bars by Category: Units/Outlets 2019-2024
- Table 29 Sales in Cafes/Bars by Category: Number of Transactions 2019-2024
- Table 30 Sales in Cafes/Bars by Category: Foodservice Value 2019-2024
- Table 31 Cafes/Bars by Category: % Units/Outlets Growth 2019-2024
- Table 32 Sales in Cafes/Bars by Category: % Transaction Growth 2019-2024
- Table 33 Sales in Cafes/Bars by Category: % Foodservice Value Growth 2019-2024
- Table 34 GBO Company Shares in Chained Cafes/Bars: % Foodservice Value 2020-2024
- Table 35 GBN Brand Shares in Chained Cafes/Bars: % Foodservice Value 2021-2024
- Table 36 Forecast Cafes/Bars by Category: Units/Outlets 2024-2029
- Table 37  Forecast Sales in Cafes/Bars by Category: Number of Transactions 2024-2029
- Table 38  Forecast Sales in Cafes/Bars by Category: Foodservice Value 2024-2029
- Table 39  Forecast Cafes/Bars by Category: % Units/Outlets Growth 2024-2029
- Table 40  Forecast Sales in Cafes/Bars by Category: % Transaction Growth 2024-2029
- Table 41  Forecast Sales in Cafes/Bars by Category: % Foodservice Value Growth 2024-2029
FULL-SERVICE RESTAURANTS IN SINGAPORE
KEY DATA FINDINGS
2024 DEVELOPMENTS
- 2024 a challenging year for full-service restaurants amidst headwinds
- Asian full-service restaurants sales rise off the back of new Chinese entrants
- Competition becoming polarised as players target different ends of the market
PROSPECTS AND OPPORTUNITIES
- Full-service restaurants face a challenging future but possibilities still remain
- Full-service restaurants in Singapore struggle with rising operating costs
- Korean and Japanese full-service restaurants could be key to growth
CATEGORY DATA
- Table 42 Full-Service Restaurants by Category: Units/Outlets 2019-2024
- Table 43 Sales in Full-Service Restaurants by Category: Number of Transactions 2019-2024
- Table 44 Sales in Full-Service Restaurants by Category: Foodservice Value 2019-2024
- Table 45 Full-Service Restaurants by Category: % Units/Outlets Growth 2019-2024
- Table 46 Sales in Full-Service Restaurants by Category: % Transaction Growth 2019-2024
- Table 47 Sales in Full-Service Restaurants by Category: % Foodservice Value Growth 2019-2024
- Table 48 GBO Company Shares in Chained Full-Service Restaurants: % Foodservice Value 2020-2024
- Table 49 GBN Brand Shares in Chained Full-Service Restaurants: % Foodservice Value 2021-2024
- Table 50 Forecast Full-Service Restaurants by Category: Units/Outlets 2024-2029
- Table 51  Forecast Sales in Full-Service Restaurants by Category: Number of Transactions 2024-2029
- Table 52  Forecast Sales in Full-Service Restaurants by Category: Foodservice Value 2024-2029
- Table 53  Forecast Full-Service Restaurants by Category: % Units/Outlets Growth 2024-2029
- Table 54  Forecast Sales in Full-Service Restaurants by Category: % Transaction Growth 2024-2029
- Table 55  Forecast Sales in Full-Service Restaurants by Category: % Foodservice Value Growth 2024-2029
SELF-SERVICE CAFETERIAS IN SINGAPORE
KEY DATA FINDINGS
2024 DEVELOPMENTS
- Self-service cafeterias continue to struggle in 2024
- Budget consciousness and a value focused mindset remains as one of the key factors
- Players offer localised menu options to attract diners
PROSPECTS AND OPPORTUNITIES
- Self-service cafeterias' struggles set to continue
- Government efforts to reduce salt consumption expected to influence menu options
- Sustainable initiatives and plant-based menu options set to become a feature of the market
CATEGORY DATA
- Table 56 Self-Service Cafeterias: Units/Outlets 2019-2024
- Table 57 Sales in Self-Service Cafeterias: Number of Transactions 2019-2024
- Table 58 Sales in Self-Service Cafeterias: Foodservice Value 2019-2024
- Table 59 Sales in Self-Service Cafeterias: % Units/Outlets Growth 2019-2024
- Table 60 Sales in Self-Service Cafeterias: % Transaction Growth 2019-2024
- Table 61 Sales in Self-Service Cafeterias: % Foodservice Value Growth 2019-2024
- Table 62 GBO Company Shares in Chained Self-Service Cafeterias: % Foodservice Value 2020-2024
- Table 63 GBN Brand Shares in Chained Self-Service Cafeterias: % Foodservice Value 2021-2024
- Table 64 Forecast Self-Service Cafeterias: Units/Outlets 2024-2029
- Table 65  Forecast Sales in Self-Service Cafeterias: Number of Transactions 2024-2029
- Table 66  Forecast Sales in Self-Service Cafeterias: Foodservice Value 2024-2029
- Table 67  Forecast Self-Service Cafeterias: % Units/Outlets Growth 2024-2029
- Table 68  Forecast Sales in Self-Service Cafeterias: % Transaction Growth 2024-2029
- Table 69  Forecast Sales in Self-Service Cafeterias: % Foodservice Value Growth 2024-2029
STREET STALLS/KIOSKS IN SINGAPORE
KEY DATA FINDINGS
2024 DEVELOPMENTS
- A positive year for independent street stalls/kiosks with hawker centres at the heart of the local dining culture
- Singapore attracts international operators while existing chains exit the market
- Rising cost of living drives demand for affordable and value-driven dining options
PROSPECTS AND OPPORTUNITIES
- Rising costs could threaten hawkers as affordable dining initiatives gain momentum
- Digital payments set to become more accessible within street stalls/kiosks
- Players may need to offer healthier options in response to new labelling requirements
CATEGORY DATA
- Table 70 Street Stalls/Kiosks: Units/Outlets 2019-2024
- Table 71 Sales in Street Stalls/Kiosks: Number of Transactions 2019-2024
- Table 72 Sales in Street Stalls/Kiosks: Foodservice Value 2019-2024
- Table 73 Street Stalls/Kiosks: % Units/Outlets Growth 2019-2024
- Table 74 Sales in Street Stalls/Kiosks: % Transaction Growth 2019-2024
- Table 75 Sales in Street Stalls/Kiosks: % Foodservice Value Growth 2019-2024
- Table 76 GBO Company Shares in Chained Street Stalls/Kiosks: % Foodservice Value 2020-2024
- Table 77 GBN Brand Shares in Chained Street Stalls/Kiosks: % Foodservice Value 2021-2024
- Table 78 Forecast Street Stalls/Kiosks: Units/Outlets 2024-2029
- Table 79  Forecast Sales in Street Stalls/Kiosks: Number of Transactions 2024-2029
- Table 80  Forecast Sales in Street Stalls/Kiosks: Foodservice Value 2024-2029
- Table 81  Forecast Street Stalls/Kiosks: % Units/Outlets Growth 2024-2029
- Table 82  Forecast Sales in Street Stalls/Kiosks: % Transaction Growth 2024-2029
- Table 83  Forecast Sales in Street Stalls/Kiosks: % Foodservice Value Growth 2024-2029
CONSUMER FOODSERVICE BY LOCATION IN SINGAPORE
KEY DATA FINDINGS
2024 DEVELOPMENTS
- Lodging locations lose momentum as consumers switch to new dining concepts
- Disappointing sales results at leisure and travel locations despite new developments
PROSPECTS AND OPPORTUNITIES
- Retail locations expected to see further investment
- Positive impact of inbound travel could be cancelled out by outbound travel
CATEGORY DATA
- Table 84 Consumer Foodservice by Location: Units/Outlets 2019-2024
- Table 85 Sales in Consumer Foodservice by Location: Number of Transactions 2019-2024
- Table 86 Sales in Consumer Foodservice by Location: Foodservice Value 2019-2024
- Table 87 Consumer Foodservice by Location: % Units/Outlets Growth 2019-2024
- Table 88 Sales in Consumer Foodservice by Location: % Transaction Growth 2019-2024
- Table 89 Sales in Consumer Foodservice by Location: % Foodservice Value Growth 2019-2024
- Table 90 Consumer Foodservice through Standalone: Units/Outlets 2019-2024
- Table 91 Sales in Consumer Foodservice through Standalone: Number of Transactions 2019-2024
- Table 92 Sales in Consumer Foodservice through Standalone: Foodservice Value 2019-2024
- Table 93  Consumer Foodservice through Standalone: % Units/Outlets Growth 2019-2024
- Table 94  Sales in Consumer Foodservice through Standalone: % Transaction Growth 2019-2024
- Table 95  Sales in Consumer Foodservice through Standalone: % Foodservice Value Growth 2019-2024
- Table 96  Consumer Foodservice through Leisure: Units/Outlets 2019-2024
- Table 97  Sales in Consumer Foodservice through Leisure: Number of Transactions 2019-2024
- Table 98  Sales in Consumer Foodservice through Leisure: Foodservice Value 2019-2024
- Table 99  Consumer Foodservice through Leisure: % Units/Outlets Growth 2019-2024
- Table 100  Sales in Consumer Foodservice through Leisure: % Transaction Growth 2019-2024
- Table 101  Sales in Consumer Foodservice through Leisure: % Foodservice Value Growth 2019-2024
- Table 102  Consumer Foodservice through Retail: Units/Outlets 2019-2024
- Table 103  Sales in Consumer Foodservice through Retail: Number of Transactions 2019-2024
- Table 104  Sales in Consumer Foodservice through Retail: Foodservice Value 2019-2024
- Table 105  Consumer Foodservice through Retail: % Units/Outlets Growth 2019-2024
- Table 106  Sales in Consumer Foodservice through Retail: % Transaction Growth 2019-2024
- Table 107  Sales in Consumer Foodservice through Retail: % Foodservice Value Growth 2019-2024
- Table 108  Consumer Foodservice through Lodging: Units/Outlets 2019-2024
- Table 109  Sales in Consumer Foodservice through Lodging: Number of Transactions 2019-2024
- Table 110  Sales in Consumer Foodservice through Lodging: Foodservice Value 2019-2024
- Table 111  Consumer Foodservice through Lodging: % Units/Outlets Growth 2019-2024
- Table 112  Sales in Consumer Foodservice through Lodging: % Transaction Growth 2019-2024
- Table 113  Sales in Consumer Foodservice through Lodging: % Foodservice Value Growth 2019-2024
- Table 114  Consumer Foodservice through Travel: Units/Outlets 2019-2024
- Table 115  Sales in Consumer Foodservice through Travel: Number of Transactions 2019-2024
- Table 116  Sales in Consumer Foodservice through Travel: Foodservice Value 2019-2024
- Table 117  Consumer Foodservice through Travel: % Units/Outlets Growth 2019-2024
- Table 118  Sales in Consumer Foodservice through Travel: % Transaction Growth 2019-2024
- Table 119  Sales in Consumer Foodservice through Travel: % Foodservice Value Growth 2019-2024
- Table 120  Forecast Consumer Foodservice by Location: Units/Outlets 2024-2029
- Table 121  Forecast Sales in Consumer Foodservice by Location: Number of Transactions 2024-2029
- Table 122  Forecast Sales in Consumer Foodservice by Location: Foodservice Value 2024-2029
- Table 123  Forecast Consumer Foodservice by Location: % Units/Outlets Growth 2024-2029
- Table 124  Forecast Sales in Consumer Foodservice by Location: % Transaction Growth 2024-2029
- Table 125  Forecast Sales in Consumer Foodservice by Location: % Foodservice Value Growth 2024-2029
- Table 126  Forecast Consumer Foodservice through Standalone: Units/Outlets 2024-2029
- Table 127  Forecast Sales in Consumer Foodservice through Standalone: Number of Transactions 2024-2029
- Table 128  Forecast Sales in Consumer Foodservice through Standalone: Foodservice Value 2024-2029
- Table 129  Forecast Consumer Foodservice through Standalone: % Units/Outlets Growth 2024-2029
- Table 130  Forecast Sales in Consumer Foodservice through Standalone: % Transaction Growth 2024-2029
- Table 131  Forecast Sales in Consumer Foodservice through Standalone: % Foodservice Value Growth 2024-2029
- Table 132  Forecast Consumer Foodservice through Leisure: Units/Outlets 2024-2029
- Table 133  Forecast Sales in Consumer Foodservice through Leisure: Number of Transactions 2024-2029
- Table 134  Forecast Sales in Consumer Foodservice through Leisure: Foodservice Value 2024-2029
- Table 135  Forecast Consumer Foodservice through Leisure: % Units/Outlets Growth 2024-2029
- Table 136  Forecast Sales in Consumer Foodservice through Leisure: % Transaction Growth 2024-2029
- Table 137  Forecast Sales in Consumer Foodservice through Leisure: % Foodservice Value Growth 2024-2029
- Table 138  Forecast Consumer Foodservice through Retail: Units/Outlets 2024-2029
- Table 139  Forecast Sales in Consumer Foodservice through Retail: Number of Transactions 2024-2029
- Table 140  Forecast Sales in Consumer Foodservice through Retail: Foodservice Value 2024-2029
- Table 141  Forecast Consumer Foodservice through Retail: % Units/Outlets Growth 2024-2029
- Table 142  Forecast Sales in Consumer Foodservice through Retail: % Transaction Growth 2024-2029
- Table 143  Forecast Sales in Consumer Foodservice through Retail: % Foodservice Value Growth 2024-2029
- Table 144  Forecast Consumer Foodservice through Lodging: Units/Outlets 2024-2029
- Table 145  Forecast Sales in Consumer Foodservice through Lodging: Number of Transactions 2024-2029
- Table 146  Forecast Sales in Consumer Foodservice through Lodging: Foodservice Value 2024-2029
- Table 147  Forecast Consumer Foodservice through Lodging: % Units/Outlets Growth 2024-2029
- Table 148  Forecast Sales in Consumer Foodservice through Lodging: % Transaction Growth 2024-2029
- Table 149  Forecast Sales in Consumer Foodservice through Lodging: % Foodservice Value Growth 2024-2029
- Table 150  Forecast Consumer Foodservice through Travel: Units/Outlets 2024-2029
- Table 151  Forecast Sales in Consumer Foodservice through Travel: Number of Transactions 2024-2029
- Table 152  Forecast Sales in Consumer Foodservice through Travel: Foodservice Value 2024-2029
- Table 153  Forecast Consumer Foodservice through Travel: % Units/Outlets Growth 2024-2029
- Table 154  Forecast Sales in Consumer Foodservice through Travel: % Transaction Growth 2024-2029
- Table 155  Forecast Sales in Consumer Foodservice through Travel: % Foodservice Value Growth 2024-2029