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Showing posts with the label food supplier in Singapore

Identifying your food suppliers

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Having a good  local food distributor  for your F&B business is almost as important as having the best food in town. This is so as the quality of the raw ingredients along with their affordability and availability are crucial to the success of cafes, restaurants or any other F&B setups.  It is understandable that every business has its own needs and this simply serves as a guide to sourcing the right and compatible suppliers for your F&B business.  Selling you the best products.   A good  local food supplier   will keep your business in mind at all times and is able to create a selection of exclusive products that they know will perfectly match your offering selections. Prompt delivery for all of your orders .  They are always one step ahead of your needs, and they are able to do whatever it takes to ensure timely deliveries at all times. Transparent.     Transparency in terms of price and food origin is o...

Choosing the right food supplier

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Based on studies carried out over the past few years, we have noted some pointers for F&B operators to shortlist their food suppliers. Look at their references, licenses and experience A food supplier’s reputation is a good way to gauge if you have found the right partner. This can be done by research through industry people, online reviews, website, social media platforms etc. For licenses and inspection accreditations, you can check with the relevant issuance authorities via email or online checks. And it is, of course, important that the chosen supplier has met all food safety regulations as mandated by the authorities. Distance The quality of raw ingredients will always be better if you choose to purchase from a food supplier of fresh products who is nearby your operating venue. Quality and freshness of produce is one major factor where customers are more than willing to pay for the price you have set. If your product is not fresh and even for you selling at a l...

Growth forecast for Bakery & F&B industry

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In today’s article, we will look at the forecast of revenue for Singapore’s Food & Beverages Industry (2015 – 2021). According to Statista.com, one of the leading statistics companies on the internet, Singapore’s F&B Industry amounts to US$108m in 2017 and is expected to grow at a 15.9% CAGR from 2017 to 2021, reaching a market volume of US $195m in 2021. For growth forecast of Global Bakery Products (2016 – 2021), a survey launched by Global Industry Analysts, Inc. (GIA), a leading publisher of off-the-shelf market research, had stated that the global market for bakery products is projected to grow and exceed US$485 billion by Year 2020. A report by Research and Markets, further supported this trend, stating that the market will continue to grow and is expected to reach USD $530 Billion by 2021, at 4.5% CAGR during the forecast period. Both reports had also stated that the developing regions, such as the Asia-Pacific, are currently the growing markets for Bakery ...