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Singapore F&B sales hit $1.0b in May with steady demand

This marked a 1.4% increase compared to a year ago, with online orders making up more than a quarter of all F&B transactions.

Singapore’s food and beverage (F&B) industry raked in $1.0b in sales in May 2025, according to the latest data from the Department of Statistics.

This marked a 1.4% increase compared to a year ago, with online orders making up more than a quarter (25.2%) of all F&B transactions.

The sector’s month-on-month growth, adjusted for seasonal trends, came in at 1.2%, showing steady consumer demand. But not all segments performed equally.

Food caterers emerged as the clear winners, with sales surging 17.2% YoY, driven by a rise in event and corporate catering. Meanwhile, cafes, food courts, and other casual eateries posted a solid 2.8% increase, with fast food outlets also edging up 1.3%.

In contrast, restaurants saw a 4.2% drop in sales compared to May 2024, suggesting that higher prices or shifting dining habits may be dampening full-service dining demand. On a monthly basis, restaurant sales showed a modest rebound of 0.8%, indicating a possible stabilization.

Online sales remain a major channel for F&B, accounting for more than one in four orders (25.2%), although that was slightly down from 26.0% in April.

The report also showed weakness in the food and alcohol retail category, with sales falling 4.5% YoY and MoM.
 

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