Singapore’s food delivery market among slowest-growing in Southeast Asia
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Singapore's food delivery market grew by 13% in 2025, reaching $2.9 billion, making it the second-slowest growing market in Southeast Asia, ahead of the Philippines at 12%. The average growth in the region was 18%, with Thailand leading at 22%. Factors affecting Singapore's growth include high delivery costs and a limited pool of riders. Grab remains the dominant player with a 55% market share, while ShopeeFood surpassed Foodpanda. Southeast Asia's platforms fulfilled 8.5-9.5 million orders daily, highlighting the region's high order volume compared to India and China.
Source: vnexpress The copyright of this article belongs to the original author/organization.
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