Mr Coconut, the leading brand in chained juice/smoothie bars (in value share terms), continued to record stable foodservice sales growth in 2023. While Mr Coconut opened five new outlets in 2023, the channel witnessed further consolidation among major players, with smaller brands reducing their store count.
The extension of Nutri-Grade regulations in Singapore to freshly prepared beverages was to be implemented at the end of 2023. These new regulations are likely to impact beverage-focused consumer foodservice channels more significantly, such as specialist coffee and tea shops, juice/smoothie bars, and street stalls/kiosks, where drinks comprise a significant share of their menus.
Consumer foodservice in Singapore is increasingly embracing automation as a key element of its future trajectory. Online ordering through mobile apps, particularly in channels with a large proportion of collection orders, such as specialist coffee and tea shops and juice/smoothie bars, is expected to continue to accelerate given the high smartphone penetration rate in Singapore.
Delivery:
Files are delivered directly into your account soon after payment is received and any tax is certification is verified (where applicable).
This report comes in PDF with additional info in Excel included.
Understand the latest market trends and future growth opportunities for the Cafés/Bars industry in Singapore with research from Euromonitor International's team of in-country analysts – experts by industry and geographic specialisation.
Key trends are clearly and succinctly summarised alongside the most current research data available. Understand and assess competitive threats and plan corporate strategy with our qualitative analysis, insight and confident growth projections.
If you're in the Cafés/Bars industry in Singapore, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty.
Cafés/Bars
This category encompasses all establishments where the focus is on drinking (either alcoholic or non-alcoholic beverages). While a wide variety of snacks and full meals are offered, it is not uncommon for consumers to only order a drink. As a general rule, establishments deriving 50% of their income or more from the sale of drinks are included here.
See All of Our DefinitionsThis report originates from Passport, our Cafés/Bars research and analysis database.
If you purchase a report that is updated in the next 60 days, we will send you the new edition and data extraction Free!