Research
Philippine food service sector sales dips to 20% in 2023
However, the industry is still expected to recover to pre-pandemic levels in 2024.
Why China’s fierce cafe market is stirring up product innovation
Coffee and tea outlets will inch up at a CAGR of 1.4% from 2023 to 2027.
What will dining and foodservice in Hong Kong look like in 2040?
A report reveals more bespoke meals catered to specific health needs.
Hong Kong restaurants are less optimistic as labour shortage bites
More than eight in 10 said they are finding it difficult to hire staff.
6 in 10 Indonesian consumers will choose restaurants with healthy menu options
Inflation also has consumers opting for more value-for-money deals.
Why Japanese restaurants are accelerating overseas expansion
Recently, sushi chain Kura Sushi announced plans to open 100 stores across China.
1 in 2 Singaporeans rely on social media to find new dining options
43% rely on influencers to know about trendy restaurants.
Here’s how the fast food industry in the Asia Pacific is changing
Online ordering is here to stay but QSRs are saying no to food delivery aggregators.
McDonald’s is Singapore’s top fast-food restaurant of choice: survey
The rankings show that American brands populate most of the list.
South Korea hamburger prices reach 19-year high
Prices increased by 17.1% on-year in April.
Singapore F&B services sales surge 17.8% in March
Food Caterers registered the largest growth in sales at 80.1%.
Ramadan fuels food innovation in SEA: analysts
Products that are customised for regional consumers are often popular, an analyst said.
Hong Kong’s F&B market more bullish on business prospects
Seven out of 10 restaurants are confident in the outlook for the industry.
Why Singapore’s unique coffee culture are attracting cafe operators
Coffee sales are expected to rise by 3.2% CAGR in 2027.
Philippines hot drinks sales to climb 7.9% CAGR in 2027
On-premise retail sales will be bolstered by the hospitality industry’s revival.
Return of on-premise consumption to boost Vietnam hot drink sales by 9.1% in 2027
The hot drinks market will reach $4.3b by that year.
Commentary
Revolutionizing Asia's QSR Scene: How Indian Brands are Leading the Charge