Singapore: Food Service - Hotel Restaurant Institutional
Singapore has a highly developed and competitive hotel, restaurant and institutional (HRI) industry that is fueled by robust tourism, business travel and consumer spending. As there is virtually no local agricultural production, the country is almost entirely dependent upon imports for all of its food requirements. In 2017, the country’s tourist receipts topped $20 billion, of which $2 billion was derived from food and beverage sales. Top U.S. product prospects for the Singaporean HRI industry include fresh/frozen potatoes, seafood, dried fruits, tree nuts, beef and wine & beer.
