Singapore's food industry has been a significant contributor to our growing economy. Increasing desire for lifestyle, health and wellness amongst the growing affluent populations all over the world is driving up the demand for better quality and healthier food products. This has opened up new opportunities for made-in-Singapore food products.
Singapore's strategic location, world class infrastructure, skilled manpower and trusted reputation for its high quality and hygiene standards has positioned it well to become a dynamic food hub for international and local enterprises.
With food science and technology gaining importance in the manufacturing value chain, investment in R&D has gradually become a key focus for food manufacturers to improve packaging and enhance product shelf life.
- The food industry is a significant contributor to Singapore's economy.
- In 2008, the industry generated S$7 billion in output and S$1.5 billion total value-added.
- Investments in R&D is becoming a key focus for food manufacturers.