Infographics on Singapores Food & Beverage Industry
*Statistics are from www.singstat.gov.sg Formation and Cessation of business entities For the whole F & B industry, both number of business entities formed (registered) and numbers ceased (deregistered) are going up over the years. But that's because of a growing population and a growing economy. I think Singapore's resident population (includes expatriates and migrant workers) doubled from 1990 to the current 6 million or so. So the F&B pie is getting bigger. But at the same time the competition gets more intense. See the Green line which shows that the net increase annually has not really grown; In recent years (after 2012) the F&B scene has actually grown more volatile with formation and cessation showing cyclic characteristics. Cost Components by Category Goods and Materials, Wages and Rentals are the main components of total cost. In general all the categories have approximately the same cost structure. But rentals show the greatest variat...