Singapore Food and Beverage Industry

Question: Write about the Market Trend Analysis for "Singapore Food And Beverage Industry" from year 2011-2015. The analysis have to be supported by valid statistical data such as Market Growth Rate or such. Answer: Markets Trend Analysis In the year of 2013, near around 6750 businesses were founded that are related to the Food and Beverages of Singapore. As commented by Henderson (2015), the food and the beverages industry was increased up to 1.2 percentages in the year 2014. Chart 1: Food and Beverages Services of Singapore (Source: Henderson 2015) On the other hand, most of the food and beverages services segments are positively increased from 2011 to 2015 as well as the growth was significantly increased from the past few years as opined by Sybesma, Kort and Lee (2015). Additionally, the restaurant related business was increased by near about 2.1 percent from the 2009. Chart 2: Operating Receipts of Food and Beverages Services of Singapore (Source: As created by Author) As per the above chart, the total operating receipts increased up to 4.7 percentage that are related to the food and beverages of Singapore. It is necessary to mention that, near around $8317 million was increased as per the basis of the operating receipts in the year 2015 as opined by Wu, Huang and Chou (2014). Apart from that, the total operating expenditure increased up to 5.5 percentages that are related to the food and beverages of Singapore. It is necessary to mention that, near around $8018 million was increased as per the basis of the operating receipts in the year 2015 as opined by Popkin and Kenan (2016). The relevant graphical representation is under mentioned. Chart 3: Operating Expenditure of Food and Beverages Services of Singapore (Source: Popkin and Kenan 2016) Reference List Henderson, J.C., 2015. Halal food, certification and halal tourism: Insights from Malaysia and Singapore.Tourism Management Perspectives. Popkin, B.M. and Kenan, W.R., 2016. Preventing type 2 diabetes: Changing the food industry.Best Practice Research Clinical Endocrinology Metabolism. Sybesma, W., Kort, R. and Lee, Y.K., 2015. Locally sourced probiotics, the next opportunity for developing countries?.Trends in biotechnology,33(4), pp.197-200. Wu, P.H., Huang, C.Y. and Chou, C.K., 2014. Service expectation, perceived service quality, and customer satisfaction in food and beverage industry.International Journal of Organizational Innovation (Online),7(1), p.171.