Tag Archives: Singapore

Singapore alcohol market to recover in 2021

A new report from data and research firm Fitch Solutions said alcohol consumption in Singapore last year dropped 9.3% due to Covid-19 restrictions on the bar industry. Between 2021 and 2025, Fitch Solutions expects alcohol consumption in the market to increase by an average annual growth rate of 2.6%. This would mean alcoholic drinks consumption would rise from 142.6 million

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