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TRENOS SiGINT: Singapore Food Outlet Closures Sees Convenience & Plant-Based Surge
Singapore food outlet closures are accelerating (≈307/month in 2025), driven by rent, manpower levies and food inflation. Consumer spend is shifting to at-home eating and convenience channels. RTE/RTH baskets expand (supermarkets, RedMart, 7-Eleven), while plant-based becomes a core building block: Impossible/Quorn in mainstream freezers; Growthwell’s HAPPIEE! pushes localised seafood/meat analogues; private-label ready meals scale. Net effect: fewer mid-tier dine-ins, more h
JC - Analyst
Sep 221 min read
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