Singapore halal dining market worth $745 mln, driven by Muslim millennials – CrescentRating
SINGAPORE - The expenditure on halal dining in 2019 is estimated at 1 billion Singapore dollars ($745 million), driven by Muslim millennials, according to a study by CrescentRating.
700 million Singapore dollars were spent by residents and the rest by Muslim visitors to the country, estimates the company that specialises in Muslim-friendly travel.
“The 700 million Singapore dollars expenditure of Muslims in Singapore on dining is based on our modelling of different data inputs (consumer behaviour data, survey input, population numbers etc),” Fazal Bahardeen, CrescentRating CEO told Salaam Gateway.
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