F&B sales jump 29.7% YoY in September

Sales grew at a slower pace.

Food and beverage (F&B) sales grew at a slower pace in September, jumping 29.7% YoY from a 40.1% YoY increase in August. Sales value clocked in at $915m.

Of the total sales value, 24.4% was from online sales.

According to the Department of Statistics Singapore, the higher growth in F&B sales was mainly due to the low base in September 2021, when dine-in restrictions were still in place, but also due to all industries posting a year-on-year increase in sales.

Amongst industries, Food Caterers recorded the largest increase, soaring 135.2% YoY, followed by Restaurants which saw a 36.9% jump in sales.

Sales of Cafes, Food Courts & Other Eating Places and Fast Food Outlets also rose in September by 16.9% and 19.8%, respectively.

Follow the link for more news on

Join QSR Media Asia community
Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!

Exclusives

2021: Year In Review
We look back at the highs and lows of the Asian multi-site restaurant industries these past twelve months.
Subway APAC president: regional growth can match U.S. foothold
In his first-ever interview with QSR Media, Eric Foo details the chain’s expansion targets and stressed their ongoing investment in digital engagement.
How EFG is rethinking its brand portfolio to turbocharge post-COVID growth
Managing director Martin Darby elaborates on the company’s omnichannel strategy and reveals key advantages of handling brands from various franchisors.