Singapore Restaurants Market Size & Outlook, 2025-2033
Singapore Restaurants Market Insights
- Based on Deep Market Insights findings, the Singapore Restaurants Market reached USD 15.19 Billion in 2024 and is estimated to attain USD 22.57 Billion by 2033.
- From 2026 to 2033, the Singapore market is expected to grow at a steady CAGR of 4.54%.
- Within the Service Type category, Full Service dominated in 2024 in terms of market size contribution.
- Over the forecast period, Fine Dining is forecasted to deliver the fastest growth, positioning it as the most lucrative Service Type segment.
Source: DMI Analysis Company Publications, Primary Interviews.
Other Key Findings
- In 2024, Singapore represented 0.5% of the overall global Restaurants Market size.
- United States is projected to lead the global Restaurants Market size by 2033.
- Across Asia Pacific, China is anticipated to hold the dominant position in market size by 2033.
- Japan is forecasted to expand at the fastest pace in Asia Pacific, attaining USD 155.57 Billion by 2033.
Report Summary
| Report Scope | Details |
|---|---|
| Base Year for Study | 2024 |
| Study Period | 2021-2033 |
| Historical Period | 2021-2023 |
| Forecast Period | 2025-2033 |
| Market Size In 2024 | USD 15.19 Billion |
| Market Size In 2033 | USD 22.57 Billion |
| Largest segment | Full Service |
| Units | Revenue in USD Billion |
| CAGR | 4.54% (2025-2033) |
| Segmnetation Covered | |
| Service Type |
|
| Consumption Mode |
|
| Ownership Model |
|
| Report Coverage | Revenue Forecast, Competitive Landscape, Growth Factors, Environment & Regulatory Landscape and Trends |
Singapore Restaurants Market Service Type 2025-2033 (USD Billion)
| Service Type | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | 2031 | 2032 | 2033 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Full Service | XX.x | XX.x | XX.x | 6.89 | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x |
| Quick Service | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x |
| Fast Casual | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x |
| Fine Dining | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x |
| Total | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x |
Source: DMI Analysis Company Publications, Primary Interviews.
Singapore Restaurants Market Consumption Mode 2025-2033 (USD Billion)
| Consumption Mode | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | 2031 | 2032 | 2033 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dine In | XX.x | XX.x | XX.x | 7.51 | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x |
| Takeaway | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x |
| Delivery | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x |
| Total | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x |
Source: DMI Analysis Company Publications, Primary Interviews.
Singapore Restaurants Market Ownership Model 2025-2033 (USD Billion)
| Ownership Model | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | 2031 | 2032 | 2033 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Independent | XX.x | XX.x | XX.x | 6.84 | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x |
| Chain | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x |
| Franchise | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x |
| Total | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x |
Source: DMI Analysis Company Publications, Primary Interviews.