Singapore's F&B sector closed March 2026 on a resilient note. Despite the expected post-Chinese New Year cooldown, the industry recorded 2.3% year-on-year growth, with total sales hitting an estimated $1.6 billion.

Here's what stood out this month.

Total F&B Sales

F&B services sales grew 2.3% year-on-year in March 2026, continuing the momentum from 5.6% growth recorded in February. On a seasonally adjusted basis, sales dipped 2.5% month-on-month — a normal post-festive pattern rather than a cause for concern. Online sales now account for 20.6% of total turnover, up from 20.0% in February, confirming the steady shift towards digital-first dining.

Key Indicators of Food and Beverage Services March 2026

Food Caterers Lead the Pack

The standout performer this month? Food caterers, posting a remarkable +13.7% year-on-year increase. Event dining is clearly back in full force — and operators who moved into catering are reaping the rewards.

Change in Food and Beverage Sales By Industry March 2026

Quick-Service Stays Strong

Fast food (+4.8%) and cafés (+1.1%) both recorded positive growth, reflecting continued strong demand for convenient, accessible dining. Singaporeans aren't slowing down on their coffee runs anytime soon.

The Digital Shift is Real

Online sales now account for 20.6% of total F&B turnover — a figure that would have seemed ambitious just a few years ago. The industry is increasingly digital-first, and the operators adapting fastest are the ones pulling ahead.

Online F&B Sales as a percentage of total F&B Sales March 2026

Post-Festive Normalisation

As the CNY surge faded, restaurants saw a more modest +1.7% year-on-year growth, while food courts showed early signs of recovery at +1.1% month-on-month. A dip, yes — but a manageable one, well within the expected seasonal pattern.

The overall picture is an industry that knows how to adapt. Growth is steady, digital adoption is accelerating, and event-driven dining is booming.