Agri Food-Tech in Singapore 

what
  • Singapore Food Story 2 was announced in November 2025, replacing the previous "30-by-30" goal with more targeted objectives. By 2035, Singapore aims to have local farms supply 20% of fibre consumption (leafy and fruited vegetables, beansprouts, mushrooms) and 30% of protein consumption (eggs and seafood) – up from approximately 8% and 26% respectively in 2024.
  • Whole-of-government approach has been engaged tapping into both private and public players to make Singapore a secure and sustainable agri-food tech hub. The refreshed strategy is built on four pillars: (1) diversifying import sources, (2) growing local, (3) stockpiling, and (4) global partnerships
  • With one per cent of its land arable for food production, Singapore recognises the critical need for farms to maximise their output. This requires new innovations and enabling technologies.  Singapore has allocated substantial funding to support farms and R&D:
    • Singapore Food Story R&D Programme: US$144 million over 5 years for research in sustainable urban food production, future foods, and food safety
    • Recent R&D awards: US$22 million for Seed Innovation Hub, US$18.5 million for AquaPolis aquaculture programme, US$42 million for 11 future foods and food safety projects
  •  Singapore is a R&D hub for four of the world’s top five food and nutrition companies and ranks among the top five locations for flavours and fragrance and ingredients companies. Singapore is also home to many alternative protein manufacturing companies and is the world’s first regulatory authority to allow cultured meat to be sold, though alternative proteirns are not part of the short-term food security strategy due to high production costs and slower-than-expected consumer acceptance. Other Southeast Asian countries are now closely watching how Singapore resolves its food security issue with a view to incorporating best practices in their own economies.
  • Key Agri-food technologies needed to address Singapore’s food challenge:
    • Urban Agriculture
    • Aquaculture
    • Alternative Proteins

These key areas promise growth opportunities for global agrifood companies looking to meet the increasing needs of Asian consumers, with the region’s food spending expected to double to over US$8 trillion USD by 2030.  

how

Singapore has established itself as a hub for agri-food innovation through its ecosystem of farms, R&D institutions, and supportive government policies. The Singapore Food Agency actively supports local food production companies to set up overseas and export produce back to Singapore, helping overcome land and manpower constraints

Swedish agri-food tech companies can tap into several opportunities in Singapore:

  • Explore the R&D capabilities of local public sector institutes or private sector partners
    They can help jumpstart market trials for Swedish companies. Businesses are also eligible for funding if they intend to start local manufacturing of biotech-based protein or sustainable urban food production like leafy greens ,berries, or aquaculture innovations. The government has committed significant funding including US$22 million for seed innovation, US$18.5 million for aquaculture development, and US$42 million for future foods and food safety projects.
  • Share best practises and monetise your technologies
    Sweden has built one of the highest standards in sustainable food production and food quality. Singapore’s regulations for monitoring aquaculture, alternative protein safety, and sustainable farming are still evolving. Swedish best practices and technological innovations for safe food, proper storage, and sustainable food production both downstream and upstream to open potential business development and consultation opportunities in Singapore’s growing agri-food sector.
  • Use Singapore as a testbed for Asian taste buds
    Even though Swedish businesses are in the forefront in healthy foods and alternative proteins, to tap into the Asian or Southeast Asian market requires that the product goes well with Asian flavours. Since Singapore is a melting pot of races and cultures, it presents a good testbed for Swedish companies to understand the market, and recalibrate flavours, before committing fully to expand their business to the rest of Asia.


CONTACT US

For more information contact Eric Tan at eric.tan@business-sweden.se