Scribd Logo
Upload

Welcome to Scribd!

  • $RL6TTVO

    Uploaded by

    JL Chua
    2 views1 page
    Cafes, food courts and other eating places made up the largest segment of the food and beverage services industry in Singapore in 2021, contributing over 50% of establishments, operating revenue, and value added. Fast food outlets and cafes, food courts and other eating places saw higher operating revenue per square meter compared to 2020. The top three business costs for the industry were purchases of goods and materials, remuneration, and renting of offices, shops and other premises, accounting for nearly 80% of total business costs.

    Original Description:

    Copyright

    © © All Rights Reserved

    Available Formats

    PDF, TXT or read online from Scribd

    Did you find this document useful?

    Is this content inappropriate?

    Report this Document
    Cafes, food courts and other eating places made up the largest segment of the food and beverage services industry in Singapore in 2021, contributing over 50% of establishments, operating revenue, and value added. Fast food outlets and cafes, food courts and other eating places saw higher operating revenue per square meter compared to 2020. The top three business costs for the industry were purchases of goods and materials, remuneration, and renting of offices, shops and other premises, accounting for nearly 80% of total business costs.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Flag for inappropriate content
    2 views1 page

    $RL6TTVO

    Uploaded by

    JL Chua
    Cafes, food courts and other eating places made up the largest segment of the food and beverage services industry in Singapore in 2021, contributing over 50% of establishments, operating revenue, and value added. Fast food outlets and cafes, food courts and other eating places saw higher operating revenue per square meter compared to 2020. The top three business costs for the industry were purchases of goods and materials, remuneration, and renting of offices, shops and other premises, accounting for nearly 80% of total business costs.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Flag for inappropriate content
    of 1

    SINGAPORE

    2021

    “Cafes, Food Courts & Other Eating Places” was the largest segment
    in terms of establishments and contributed the most to the
    Food & Beverages Services industry’s operating revenue and
    value added.

    38.9% 5.2%
    Restaurants Fast Food Outlets

    5,424 TOTAL
    732
    ESTABLISHMENTS

    13,959
    Cafes. Food Courts
    & Other Eating 5.4%
    50.5% Food Caterers
    Places

    7,050 753

    Total
    OPERATING REVENUE
    S$ 9,105Mil

    SHARE OF 32.2% 16.3% 5.9% 45.5%


    OPERATING
    OPERATING REVENUE
    RECEIPTS

    Restaurants Fast Food Outlets Food Caterers Cafes, Food Courts &
    S$2,936Mil S$1,488Mil S$538Mil Other Eating Places
    S$4,143Mil

    Total
    VALUE ADDED
    S$ 2,756Mil
    SHARE OF 33.3% 17.0% 5.3% 44.5%
    VALUE ADDED

    Restaurants Fast Food Outlets Food Caterers Cafes, Food Courts &
    S$917Mil S$468Mil S$145Mil Other Eating Places
    S$1,226Mil

    BUSINESS COSTS

    Purchases of goods & materials, remuneration and renting of


    offices, shops & other premises continued to be the top 3
    business cost items.

    9.2% Others

    1.9% Maintenance & Repairs

    2.3% Administrative &


    Management Fees

    3.2% Utilities 33.5%


    3.6% Purchases Of
    Depreciation Goods and Materials

    TOTAL OPERATING
    EXPENDITURE

    9,116Mil
    17.0%
    Renting Of Offices,
    Shops & Other
    Premises
    S$

    29.3%
    Remuneration

    The Top 3 Business Costs Accounted for

    1 2 3

    Purchases Of
    Goods and Materials
    Remuneration
    Renting Of Office, Shops &
    Other Premises
    79.8%
    of Total Business Costs

    OPERATING REVENUE PER SQUARE METRE

    Food & Beverage Services recorded higher operating revenue per


    square metre in 2021 compared to 2020, contributed by “Fast
    Food Outlets” and “Cafes, Food Courts & Other Eating Places”.

    TOTAL
    2020 2021

    S$5,148/M2 S$5,194/M2

    2020 2021

    Restaurants
    S$3,907/M2 S$3,721/M2

    Fast Food Outlets


    S$10,158/M2 S$10,790/M2

    Food Caterers
    S$3,592/M2 S$3,546/M2

    Cafes, Food Courts &


    Other Eating Places
    S$5,886/M2 S$6,144/M2

    Note: Numbers may not add up to the totals due to rounding.


    Updated in Mar 2023.
    More Resources:
    - More details on the coverage of the industry is available here.

    You might also like