Food & Beverages

Consumer and Market Insights: Dairy and Soy Food in Singapore

  • CAN627268
  • 113 Pages
  • July 2016
  • Food & Beverages
Summary
Singapore's strong economy and consumer's high disposable income will facilitate the growth of Dairy and Soy Food market in the country. The market is being led by the Milk category both in value and volume terms while the Drinkable Yogurt category is forecast to register fastest growth during 2015-2020. Hypermarkets and Supermarkets account for the majority of distribution share for Dairy and Soy Food products in Singapore. The penetration of private label products in the market remains low.

Key Findings
-Singapore's Dairy and Soy Food market is forecast to grow at a CAGR of 5.7% during 2015-2020

-The Butter segment is expected to gain maximum share growth within the Butter and Spreadable Fats category

-Hypermarkets and Supermarkets is the leading distribution channel in Singapore's Food market.

-The Soymilk and Soy Drinks category has the highest private label penetration in Singapore's Dairy and Soy Food market

-Rigid Plastics is forecast to register fastest growth among packaging materials during 2015-2020

Synopsis
Canadean's Consumer and Market Insights report on the Dairy and Soy Food market in Singapore provides insights on high growth categories to target, trends in the usage of packaging materials, types and closures category level distribution data and brands market shares.

What else is contained?

-Market data: Overall market value and volume data with growth analysis for 2010-2020

-Category coverage: Value and growth analysis for Butter and Spreadable Fats, Cheese, Cream, Dairy-Based and Soy-Based Desserts, Drinkable Yogurt, Milk, Soymilk and Soy Drinks, and Yogurt with inputs on individual segment share within each category and the change in their market share forecast for 2015-2020

-Leading players: Market share of brands and private labels, including private label growth analysis from 2012-2015

-Distribution data: Percentage of sales within each category through distribution channels such as Hypermarkets and Supermarkets, Convenience Stores, Food and Drinks Specialists and others in 2015

-Packaging data: consumption breakdown for packaging materials and containers in each category, in terms of percentage share of number of units sold. Packaging material data for Paper and Board, Rigid Plastics, Rigid Metal, Flexible Packaging, and others; container data for:, Carton, Can, Bottle, Tub and others

ReasonsToBuy
-Identify high potential categories and explore further market opportunities based on detailed value and volume analysis

-Existing and new players can analyze key distribution channels to identify and evaluate trends and opportunities

-Gain an understanding of the total competitive landscape based on detailed brand share analysis to plan effective market positioning
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