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Industry Snapshot

Provides an overview of the F&B sector and how it contributes to Singapore’s Gross Domestic Product (GDP).


 

A. Food & Beverage Services (2013)

 Total Number of Establishments

▲ 6,751

 Operating Receipts

▲ S$8.3B

 Operating Expenditure

▲ S$8.1B

 Operating Surplus

▼ S$560M

 Value Added

▲ S$2.9B

 Profitability Ratio

▼ 6.7%

 

▼ decrease from previous year   ▲ increase from previous year

Source: Singapore Department of Statistics (SingStat)


B. F&B Manufacturing (2013)

 Total Number of Establishments

844

 Total Output

S$9.7B

 Operating Expenditure

S$2.1B

 Operating Surplus

S$1.4B

 Value Added

S$2.8B

Source: Singapore Economic Development Board



Main F&B Sub-Sectors

In 2013, other Types of Establishments made up 51% of the total number of F&B services establishments, followed by Restaurants (36.7%) and Fast Food Outlets (6.7%).

Main F&B

Sub-Sectors

No. Of Establishments

Operating Receipts (S$)

Value Added (S$)

Fast Food Outlets

453

0.9B

280M

Food Caterers

374

0.9B

386M

Other Types of Establishments (i.e. cafes, coffee shops, snack bars, pubs, food courts)

3,444

3.0B

1.0B

Restaurants

2,480

3.3B

1.2B

Source: Singapore Department of Statistics (SingStat) 

 

Business Costs

F&B establishments spent the most on purchases of food & beverages for sale and remuneration of employees.

Type Of Cost

% Of Cost (2013)

Purchases of Food & Beverages

33.0%

Remuneration of Employees

28.7%

Rental of Premises

16.8%

Utilities

4.0%

Others (Royalties & Franchise/Management Fees Depreciation, Maintenance & Minor Repairs, Advertising, etc.)

17.5%

Source: Singapore Department of Statistics (SingStat) 
 


Size Of Establishments

In 2013, firms with operating receipts less than S$1M made up 73.8% of total number of F&B establishments, and accounted for 21.8% of the industry’s total value added.

Size of 

Operating Receipts

No. Of 

Establishments

Operating Receipts 

(S$)

Value Added 

(S$)

Less than S$1,000,000

4,985

2.2B

0.6B

S$1,000,000 – S$9,999,999

1,703

4.2B

1.5B

S$10,000,000 & Above

63

1.7B

800M

Source: Singapore Department of Statistics (SingStat) 
 


For More Information

Services Survey Series 2013: Food & Beverage Services
Singapore Department of Statistics (SingStat)

Annual Census of Manufacturing Activities (CMA) 2013
Singapore Economic Development Board

Last Modified Date: 28 Dec 2015