Consumer and Market Insights: Dairy & Soy Food in Singapore
Singapore’s strong economy and consumer’s high disposable income will facilitate the growth of Dairy & 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 & Supermarkets account for the majority of distribution share for Dairy & Soy Food products in Singapore. The penetration of private label products in the market remains low.
Singapore’s Dairy & 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 & Spreadable Fats category
Hypermarkets & Supermarkets is the leading distribution channel in Singapore's Food market.
The Soymilk & Soy Drinks category has the highest private label penetration in Singapore's Dairy & Soy Food market
Rigid Plastics is forecast to register fastest growth among packaging materials during 2015-2020
Canadean’s Consumer and Market Insights report on the Dairy & 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 & Spreadable Fats, Cheese, Cream, Dairy-Based & Soy-Based Desserts, Drinkable Yogurt, Milk, Soymilk & 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 & Supermarkets, Convenience Stores, Food & 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 & Board, Rigid Plastics, Rigid Metal, Flexible Packaging, and others; container data for:, Carton, Can, Bottle, Tub and others
Reasons To Buy
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