Singapore Food Service – Hotel Restaurant Institutional 2024
Singapore’s hotel, restaurant, and institutional (HRI) sector is vibrant, dynamic and highly competitive with sales totaling $9.4 billion USD in 2023. Consumption patterns are mainly driven by convenience, technology, and changing demographics, health and international food trends with a focus on sustainability and influences by social media (Facebook and Instagram). The rebound in travels and tourism is expected to continue to boost the city-state’s tourism and aviation sectors in 2025.