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Foodservice in Singapore

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    Report

  • 52 Pages
  • July 2024
  • Region: Singapore
  • MarketLine
  • ID: 6017754
Foodservice in Singapore industry profile provides top-line qualitative and quantitative summary information including: market size (value 2018-23, and forecast to 2028). 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 total value of all food and drink, including on-trade drinks consumed without food, which is intended for immediate consumption either on the premises, in designated eating areas shared with other foodservice operators, or as takeaway transactions involving freshly prepared food for immediate consumption.
  • The Singaporean foodservice industry recorded revenues of $10.9 billion in 2023, representing a compound annual growth rate (CAGR) of 3.2% between 2018 and 2023.
  • Industry consumption volume increased with a CAGR of 1.2% between 2018 and 2023, reaching a total of 1.2 billion transactions in 2023.
  • The Singaporean foodservice industry held a share of 0.7% in the Asia-Pacific region, in 2023.

Scope

  • Save time carrying out entry-level research by identifying the size, growth, 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 2023?
  • What will be the size of the Singapore foodservice market in 2028?
  • What factors are affecting the strength of competition in the Singapore foodservice market?
  • How has the market performed over the last five years?
  • How large is Singapore’s foodservice market in relation to its regional counterparts?

Table of Contents

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 are the strengths and strategies of the players?
7.3. What are the most recent market developments?
8 Company Profiles
8.1. McDonald's Corp
8.2. Doctor's Associates Inc
8.3. Starbucks Corporation
8.4. Yum! Brands, 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, 2018-23
Table 2: Singapore foodservice industry volume: million transactions, 2018-23
Table 3: Singapore foodservice industry category segmentation: % share, by value, 2018-2023
Table 4: Singapore foodservice industry category segmentation: $ million, 2018-2023
Table 5: Singapore foodservice industry geography segmentation: $ million, 2023
Table 6: Singapore foodservice industry value forecast: $ million, 2023-28
Table 7: Singapore foodservice industry volume forecast: million transactions, 2023-28
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: Doctor's Associates Inc: key facts
Table 13: Doctor's Associates Inc: Key Employees
Table 14: Starbucks Corporation: key facts
Table 15: Starbucks Corporation: Annual Financial Ratios
Table 16: Starbucks Corporation: Key Employees
Table 17: Starbucks Corporation: Key Employees Continued
Table 18: Starbucks Corporation: Key Employees Continued
Table 19: Yum! Brands, Inc.: key facts
Table 20: Yum! Brands, Inc.: Annual Financial Ratios
Table 21: Yum! Brands, Inc.: Key Employees
Table 22: Yum! Brands, Inc.: Key Employees Continued
Table 23: Singapore size of population (million), 2019-23
Table 24: Singapore real gdp (constant 2010 prices, $ billion), 2019-23
Table 25: Singapore gdp (current prices, $ billion), 2019-23
Table 26: Singapore inflation, 2019-23
Table 27: Singapore consumer price index (absolute), 2019-23
Table 28: Singapore exchange rate, 2018-23
List of Figures
Figure 1: Singapore foodservice industry value: $ million, 2018-23
Figure 2: Singapore foodservice industry volume: million transactions, 2018-23
Figure 3: Singapore foodservice industry category segmentation: $ million, 2018-2023
Figure 4: Singapore foodservice industry geography segmentation: % share, by value, 2023
Figure 5: Singapore foodservice industry value forecast: $ million, 2023-28
Figure 6: Singapore foodservice industry volume forecast: million transactions, 2023-28
Figure 7: Forces driving competition in the foodservice industry in Singapore, 2023
Figure 8: Drivers of buyer power in the foodservice industry in Singapore, 2023
Figure 9: Drivers of supplier power in the foodservice industry in Singapore, 2023
Figure 10: Factors influencing the likelihood of new entrants in the foodservice industry in Singapore, 2023
Figure 11: Factors influencing the threat of substitutes in the foodservice industry in Singapore, 2023
Figure 12: Drivers of degree of rivalry in the foodservice industry in Singapore, 2023

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • McDonald's Corp
  • Doctor's Associates Inc
  • Starbucks Corporation
  • Yum! Brands, Inc.