Food delivery market in Singapore - statistics & facts
The food delivery sector in Southeast Asia has evolved into one of the fastest-growing segments of the digital economy. In 2024, the region’s food delivery market generated gross merchandise value of over 19 billion U.S. dollars, while maintaining sustained growth over the last five years. Within this landscape, Singapore represents a relatively small but highly developed market. The country’s food delivery market generated revenue of approximately 1.6 billion U.S. dollars in 2024 and is projected to reach around 1.9 billion U.S. dollars by 2029, representing a compound annual growth rate of approximately 3.6 percent. Although Singapore’s contribution to overall regional growth is modest compared to markets like Indonesia and Thailand, it remains strategically important due to its advanced infrastructure and a digitally mature consumer base.
