Singapore among slowest-growing food delivery markets in Asean despite regional surge

Singapore among slowest-growing food delivery markets in Asean despite regional surge

The Straits Times - Sports·2026-01-28 06:02

SINGAPORE – Singapore’s food delivery market is among the slowest-growing in the region, a new study has found, even as South-east Asia’s food delivery sector expanded at its fastest pace in years on the back of more deals and higher order frequency.

Food delivery gross merchandise value (GMV) in Singapore grew by 13 per cent in 2025, rising from US$2.6 billion (S$3.3 billion) in 2024 to US$2.9 billion, according to the “Food Delivery Platforms in Southeast Asia” report by consultancy Momentum Works.

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