Helping more city-state F&B businesses to expand overseas

Minister of State for Trade and Industry Low Yen Ling (second from left) checks out wok-fried groundnut noodles topped with roasted crickets at the international food and beverage trade show FHA-Food & Beverage. — The Straits Times

SINGAPORE: Plans are afoot to help more Singapore food and beverage (F&B) businesses expand overseas.

Food exports have grown at a rate of more than 11% each year since 2020, and they can be found in more than 120 markets worldwide, said Minister of State for Trade and Industry Low Yen Ling, citing figures from Singapore Economic Development Board’s Manufacturing Survey in 2023.