Soft Drinks in Singapore
Soft drinks is set to maintain off-trade and on-trade volume and current growth in 2022; however, value growth is expected to be much higher than volume growth. Amidst inflation, soft drinks in Singapore has been seeing price increments comparable to packaged food in 2022, with off-trade unit prices set to see solid growth in the year overall. Price spikes are attributable to the global commodity crunch, which is giving rise to snowballing costs – skyrocketing energy prices have led to price ris...
Euromonitor International's Soft Drinks in Singapore report offers a comprehensive guide to the size and shape of the market at a national level. It provides the latest retail sales data (2018-2022), allowing you to identify the sectors driving growth. It identifies the leading companies, the leading brands and offers strategic analysis of key factors influencing the market – be they legislative, distribution, packaging or pricing issues. Forecasts to 2027 illustrate how the market is set to change.
Product coverage: Asian Speciality Drinks, Bottled Water, Carbonates, Concentrates, Energy Drinks, Juice, RTD Coffee, RTD Tea, Sports Drinks.
Data coverage: market sizes (historic and forecasts), company shares, brand shares and distribution data.
Why buy this report?
* Get a detailed picture of the Soft Drinks market;
* Pinpoint growth sectors and identify factors driving change;
* Understand the competitive environment, the market’s major players and leading brands;
* Use five-year forecasts to assess how the market is predicted to develop.
- Soft Drinks in Singapore
- Euromonitor International
- January 2023
- List Of Contents And Tables
- SOFT DRINKS IN SINGAPORE
- EXECUTIVE SUMMARY
- Soft drinks in 2022: The big picture
- 2022 key trends
- Competitive landscape
- Retailing developments
- Foodservice vs retail split
- What next for soft drinks?
- MARKET DATA
- Table 1 Off-trade vs On-trade Sales of Soft Drinks (RTD) by Channel: Volume 2017-2022
- Table 2 Off-trade vs On-trade Sales of Soft Drinks (RTD) by Channel: % Volume Growth 2017-2022
- Table 3 Off-trade vs On-trade Sales of Soft Drinks by Channel: Value 2017-2022
- Table 4 Off-trade vs On-trade Sales of Soft Drinks by Channel: % Value Growth 2017-2022
- Table 5 Off-trade vs On-trade Sales of Soft Drinks (as sold) by Category: Volume 2021
- Table 6 Off-trade vs On-trade Sales of Soft Drinks (as sold) by Category: % Volume 2021
- Table 7 Off-trade vs On-trade Sales of Soft Drinks by Category: Value 2021
- Table 8 Off-trade vs On-trade Sales of Soft Drinks by Category: % Value 2021
- Table 9 Off-trade Sales of Soft Drinks (RTD) by Category: Volume 2017-2022
- Table 10 Off-trade Sales of Soft Drinks (RTD) by Category: % Volume Growth 2017-2022
- Table 11 Off-trade Sales of Soft Drinks by Category: Value 2017-2022
- Table 12 Off-trade Sales of Soft Drinks by Category: % Value Growth 2017-2022
- Table 13 Sales of Soft Drinks by Total Fountain On-trade: Volume 2017-2022
- Table 14 Sales of Soft Drinks by Total Fountain On-trade: % Volume Growth 2017-2022
- Table 15 NBO Company Shares of Off-trade Soft Drinks (RTD): % Volume 2018-2022
- Table 16 LBN Brand Shares of Off-trade Soft Drinks (RTD): % Volume 2019-2022
- Table 17 NBO Company Shares of Off-trade Soft Drinks: % Value 2018-2022
- Table 18 LBN Brand Shares of Off-trade Soft Drinks: % Value 2019-2022
- Table 19 Penetration of Private Label in Off-trade Soft Drinks (RTD) by Category: % Volume 2017-2022
- Table 20 Penetration of Private Label in Off-trade Soft Drinks by Category: % Value 2017-2022
- Table 21 Distribution of Off-trade Soft Drinks (as sold) by Format: % Volume 2017-2022
- Table 22 Distribution of Off-trade Soft Drinks (as sold) by Format and Category: % Volume 2022
- Table 23 Forecast Off-trade vs On-trade Sales of Soft Drinks (RTD) by Channel: Volume 2022-2027
- Table 24 Forecast Off-trade vs On-trade Sales of Soft Drinks (RTD) by Channel: % Volume Growth 2022-2027
- Table 25 Forecast Off-trade vs On-trade Sales of Soft Drinks by Channel: Value 2022-2027
- Table 26 Forecast Off-trade vs On-trade Sales of Soft Drinks by Channel: % Value Growth 2022-2027
- Table 27 Forecast Off-trade Sales of Soft Drinks (RTD) by Category: Volume 2022-2027
- Table 28 Forecast Off-trade Sales of Soft Drinks (RTD) by Category: % Volume Growth 2022-2027
- Table 29 Forecast Off-trade Sales of Soft Drinks by Category: Value 2022-2027
- Table 30 Forecast Off-trade Sales of Soft Drinks by Category: % Value Growth 2022-2027
- Table 31 Forecast Sales of Soft Drinks by Total Fountain On-trade: Volume 2022-2027
- Table 32 Forecast Sales of Soft Drinks by Total Fountain On-trade: % Volume Growth 2022-2027
- APPENDIX
- Fountain sales in Singapore
- Trends
- DISCLAIMER
- SOURCES
- Summary 1 Research Sources
- CARBONATES IN SINGAPORE
- KEY DATA FINDINGS
- 2022 DEVELOPMENTS
- High-intensity sweeteners grow in cola carbonates amidst sugar reduction and commodity crunch
- Coca-Cola aligns with healthier consumption through pack types and bundling
- Tonic water/mixers/other bitters sees continued dynamic growth, especially reduced sugar, amidst category nascence
- PROSPECTS AND OPPORTUNITIES
- Reduced sugar non-cola carbonates to see increased availability despite uncertain longevity
- Packaging to accentuate brand relevance and facilitate premiumisation
- CATEGORY DATA
- Table 33 Off-trade vs On-trade Sales of Carbonates: Volume 2017-2022
- Table 34 Off-trade vs On-trade Sales of Carbonates: Value 2017-2022
- Table 35 Off-trade vs On-trade Sales of Carbonates: % Volume Growth 2017-2022
- Table 36 Off-trade vs On-trade Sales of Carbonates: % Value Growth 2017-2022
- Table 37 Off-trade Sales of Carbonates by Category: Volume 2017-2022
- Table 38 Off-trade Sales of Carbonates by Category: Value 2017-2022
- Table 39 Off-trade Sales of Carbonates by Category: % Volume Growth 2017-2022
- Table 40 Off-trade Sales of Carbonates by Category: % Value Growth 2017-2022
- Table 41 Total Sales of Carbonates by Fountain On-trade: Volume 2017-2022
- Table 42 Total Sales of Carbonates by Fountain On-trade: % Volume Growth 2017-2022
- Table 43 NBO Company Shares of Off-trade Carbonates: % Volume 2018-2022
- Table 44 LBN Brand Shares of Off-trade Carbonates: % Volume 2019-2022
- Table 45 NBO Company Shares of Off-trade Carbonates: % Value 2018-2022
- Table 46 LBN Brand Shares of Off-trade Carbonates: % Value 2019-2022
- Table 47 Forecast Off-trade Sales of Carbonates by Category: Volume 2022-2027
- Table 48 Forecast Off-trade Sales of Carbonates by Category: Value 2022-2027
- Table 49 Forecast Off-trade Sales of Carbonates by Category: % Volume Growth 2022-2027
- Table 50 Forecast Off-trade Sales of Carbonates by Category: % Value Growth 2022-2027
- Table 51 Forecast Total Sales of Carbonates by Fountain On-trade: Volume 2022-2027
- Table 52 Forecast Total Sales of Carbonates by Fountain On-trade: % Volume Growth 2022-2027
- JUICE IN SINGAPORE
- KEY DATA FINDINGS
- 2022 DEVELOPMENTS
- Limited responses to Nutri-Grade, despite the sugar content in juice
- Coconut water faces competition from juice bars and penetration challenges in foodservice
- PROSPECTS AND OPPORTUNITIES
- Juice drinks increasingly available in pouch packs due to channel development
- Emergent jelly juice drinks to have a limited impact on juice, with differing consumption occasions
- CATEGORY DATA
- Table 53 Off-trade Sales of Juice by Category: Volume 2017-2022
- Table 54 Off-trade Sales of Juice by Category: Value 2017-2022
- Table 55 Off-trade Sales of Juice by Category: % Volume Growth 2017-2022
- Table 56 Off-trade Sales of Juice by Category: % Value Growth 2017-2022
- Table 57 NBO Company Shares of Off-trade Juice: % Volume 2018-2022
- Table 58 LBN Brand Shares of Off-trade Juice: % Volume 2019-2022
- Table 59 NBO Company Shares of Off-trade Juice: % Value 2018-2022
- Table 60 LBN Brand Shares of Off-trade Juice: % Value 2019-2022
- Table 61 Forecast Off-trade Sales of Juice by Category: Volume 2022-2027
- Table 62 Forecast Off-trade Sales of Juice by Category: Value 2022-2027
- Table 63 Forecast Off-trade Sales of Juice by Category: % Volume Growth 2022-2027
- Table 64 Forecast Off-trade Sales of Juice by Category: % Value Growth 2022-2027
- BOTTLED WATER IN SINGAPORE
- KEY DATA FINDINGS
- 2022 DEVELOPMENTS
- Private label increases its availability amidst high off-trade unit price growth
- Sparkling flavoured bottled water sees brand entries with advantageous positioning amidst Nutri-Grade rollout
- Natural mineral option leads in growth of carbonated bottled water
- PROSPECTS AND OPPORTUNITIES
- Still bottled water set to lead growth due to habit persistence
- Functional bottled water to see some developments in products of Asian origin despite overall pessimistic category outlook
- CATEGORY DATA
- Table 65 Off-trade Sales of Bottled Water by Category: Volume 2017-2022
- Table 66 Off-trade Sales of Bottled Water by Category: Value 2017-2022
- Table 67 Off-trade Sales of Bottled Water by Category: % Volume Growth 2017-2022
- Table 68 Off-trade Sales of Bottled Water by Category: % Value Growth 2017-2022
- Table 69 NBO Company Shares of Off-trade Bottled Water: % Volume 2018-2022
- Table 70 LBN Brand Shares of Off-trade Bottled Water: % Volume 2019-2022
- Table 71 NBO Company Shares of Off-trade Bottled Water: % Value 2018-2022
- Table 72 LBN Brand Shares of Off-trade Bottled Water: % Value 2019-2022
- Table 73 Forecast Off-trade Sales of Bottled Water by Category: Volume 2022-2027
- Table 74 Forecast Off-trade Sales of Bottled Water by Category: Value 2022-2027
- Table 75 Forecast Off-trade Sales of Bottled Water by Category: % Volume Growth 2022-2027
- Table 76 Forecast Off-trade Sales of Bottled Water by Category: % Value Growth 2022-2027
- SPORTS DRINKS IN SINGAPORE
- KEY DATA FINDINGS
- 2022 DEVELOPMENTS
- Brands implement voluntary Nutri-Grade labelling for competitive advantage
- Retail e-commerce and convenience stores lead in off-trade volume share growth
- PROSPECTS AND OPPORTUNITIES
- Cannibalisation from sports drinks concentrates remains limited amidst consumers prioritising convenience and price
- Competition from alternative hydration formats remains negligible amidst format nascence
- CATEGORY DATA
- Table 77 Off-trade Sales of Sports Drinks: Volume 2017-2022
- Table 78 Off-trade Sales of Sports Drinks: Value 2017-2022
- Table 79 Off-trade Sales of Sports Drinks: % Volume Growth 2017-2022
- Table 80 Off-trade Sales of Sports Drinks: % Value Growth 2017-2022
- Table 81 NBO Company Shares of Off-trade Sports Drinks: % Volume 2018-2022
- Table 82 LBN Brand Shares of Off-trade Sports Drinks: % Volume 2019-2022
- Table 83 NBO Company Shares of Off-trade Sports Drinks: % Value 2018-2022
- Table 84 LBN Brand Shares of Off-trade Sports Drinks: % Value 2019-2022
- Table 85 Forecast Off-trade Sales of Sports Drinks: Volume 2022-2027
- Table 86 Forecast Off-trade Sales of Sports Drinks: Value 2022-2027
- Table 87 Forecast Off-trade Sales of Sports Drinks: % Volume Growth 2022-2027
- Table 88 Forecast Off-trade Sales of Sports Drinks: % Value Growth 2022-2027
- ENERGY DRINKS IN SINGAPORE
- KEY DATA FINDINGS
- 2022 DEVELOPMENTS
- Limited Nutri-Grade impact despite reputation for high sugar content
- New brands enter the market despite persisting consolidation
- PROSPECTS AND OPPORTUNITIES
- Variety to continue playing a key role in sustaining brand relevance
- Competition from caffeinated energy gels remains negligible amidst format nascence
- CATEGORY DATA
- Table 89 Off-trade Sales of Energy Drinks: Volume 2017-2022
- Table 90 Off-trade Sales of Energy Drinks: Value 2017-2022
- Table 91 Off-trade Sales of Energy Drinks: % Volume Growth 2017-2022
- Table 92 Off-trade Sales of Energy Drinks: % Value Growth 2017-2022
- Table 93 NBO Company Shares of Off-trade Energy Drinks: % Volume 2018-2022
- Table 94 LBN Brand Shares of Off-trade Energy Drinks: % Volume 2019-2022
- Table 95 NBO Company Shares of Off-trade Energy Drinks: % Value 2018-2022
- Table 96 LBN Brand Shares of Off-trade Energy Drinks: % Value 2019-2022
- Table 97 Forecast Off-trade Sales of Energy Drinks: Volume 2022-2027
- Table 98 Forecast Off-trade Sales of Energy Drinks: Value 2022-2027
- Table 99 Forecast Off-trade Sales of Energy Drinks: % Volume Growth 2022-2027
- Table 100 Forecast Off-trade Sales of Energy Drinks: % Value Growth 2022-2027
- CONCENTRATES IN SINGAPORE
- KEY DATA FINDINGS
- 2022 DEVELOPMENTS
- Continued off-trade volume decline despite lower RTD unit price
- Limited Nutri-Grade response despite reputation for high sugar level
- PROSPECTS AND OPPORTUNITIES
- Development of non-dairy coffee and tea concentrates
- Dairy-containing concentrates leverage familiarity with instant mixes in hot drinks
- Asian speciality drinks concentrates make an appearance
- CATEGORY DATA
- Concentrates conversions
- Summary 2 Concentrates Conversion Factors for Ready-to-Drink (RTD) Format
- Table 101 Off-trade Sales of Concentrates (RTD) by Category: Volume 2017-2022
- Table 102 Off-trade Sales of Concentrates (RTD) by Category: % Volume Growth 2017-2022
- Table 103 Off-trade Sales of Concentrates by Category: Value 2017-2022
- Table 104 Off-trade Sales of Concentrates by Category: % Value Growth 2017-2022
- Table 105 LBN Brand Shares of Off-trade Concentrates (RTD): % Volume 2019-2022
- Table 106 NBO Company Shares of Off-trade Concentrates: % Value 2018-2022
- Table 107 LBN Brand Shares of Off-trade Concentrates: % Value 2019-2022
- Table 108 NBO Company Shares of Off-trade Liquid Concentrates (RTD): % Volume 2018-2022
- Table 109 LBN Brand Shares of Off-trade Liquid Concentrates (RTD): % Volume 2019-2022
- Table 110 NBO Company Shares of Off-trade Powder Concentrates (RTD): % Volume 2018-2022
- Table 111 LBN Brand Shares of Off-trade Powder Concentrates (RTD): % Volume 2019-2022
- Table 112 Forecast Off-trade Sales of Concentrates (RTD) by Category: Volume 2022-2027
- Table 113 Forecast Off-trade Sales of Concentrates (RTD) by Category: % Volume Growth 2022-2027
- Table 114 Forecast Off-trade Sales of Concentrates by Category: Value 2022-2027
- Table 115 Forecast Off-trade Sales of Concentrates by Category: % Value Growth 2022-2027
- RTD TEA IN SINGAPORE
- KEY DATA FINDINGS
- 2022 DEVELOPMENTS
- Nutri-Grade fuels shift from regular to reduced sugar still RTD tea
- Private label sees increased availability as off-trade unit price growth reaches a historic high
- Still RTD tea faces competition from foodservice options
- PROSPECTS AND OPPORTUNITIES
- Chinese still RTD tea brands gain traction along with channel development
- Carbonated RTD tea and kombucha remains a niche
- CATEGORY DATA
- Table 116 Off-trade Sales of RTD Tea by Category: Volume 2017-2022
- Table 117 Off-trade Sales of RTD Tea by Category: Value 2017-2022
- Table 118 Off-trade Sales of RTD Tea by Category: % Volume Growth 2017-2022
- Table 119 Off-trade Sales of RTD Tea by Category: % Value Growth 2017-2022
- Table 120 Leading Flavours for Off-trade RTD Tea: % Volume 2017-2022
- Table 121 NBO Company Shares of Off-trade RTD Tea: % Volume 2018-2022
- Table 122 LBN Brand Shares of Off-trade RTD Tea: % Volume 2019-2022
- Table 123 NBO Company Shares of Off-trade RTD Tea: % Value 2018-2022
- Table 124 LBN Brand Shares of Off-trade RTD Tea: % Value 2019-2022
- Table 125 Forecast Off-trade Sales of RTD Tea by Category: Volume 2022-2027
- Table 126 Forecast Off-trade Sales of RTD Tea by Category: Value 2022-2027
- Table 127 Forecast Off-trade Sales of RTD Tea by Category: % Volume Growth 2022-2027
- Table 128 Forecast Off-trade Sales of RTD Tea by Category: % Value Growth 2022-2027
- RTD COFFEE IN SINGAPORE
- KEY DATA FINDINGS
- 2022 DEVELOPMENTS
- Off-trade unit price growth reaches a historic high due to commodity crunch and smaller pack sizes
- RTD coffee faces competition from foodservice options
- PROSPECTS AND OPPORTUNITIES
- Dairy substitution in RTD milk coffee to continue
- RTD black coffee options increase with new brand entrants
- RTD coffee increasingly available in pouch packs due to channel development
- CATEGORY DATA
- Table 129 Off-trade Sales of RTD Coffee: Volume 2017-2022
- Table 130 Off-trade Sales of RTD Coffee: Value 2017-2022
- Table 131 Off-trade Sales of RTD Coffee: % Volume Growth 2017-2022
- Table 132 Off-trade Sales of RTD Coffee: % Value Growth 2017-2022
- Table 133 NBO Company Shares of Off-trade RTD Coffee: % Volume 2018-2022
- Table 134 LBN Brand Shares of Off-trade RTD Coffee: % Volume 2019-2022
- Table 135 NBO Company Shares of Off-trade RTD Coffee: % Value 2018-2022
- Table 136 LBN Brand Shares of Off-trade RTD Coffee: % Value 2019-2022
- Table 137 Forecast Off-trade Sales of RTD Coffee: Volume 2022-2027
- Table 138 Forecast Off-trade Sales of RTD Coffee: Value 2022-2027
- Table 139 Forecast Off-trade Sales of RTD Coffee: % Volume Growth 2022-2027
- Table 140 Forecast Off-trade Sales of RTD Coffee: % Value Growth 2022-2027
- SPORTS DRINKS IN SINGAPORE
- KEY DATA FINDINGS
- 2022 DEVELOPMENTS
- Off-trade unit price growth due to commodity crunch and smaller pack sizes
- Limited response to Nutri-Grade, despite reputation for high sugar level
- Private label players leverage impulse consumption to compete
- PROSPECTS AND OPPORTUNITIES
- Innovation remains limited
- Imported brands continue to increase the product variety
- CATEGORY DATA
- Table 141 Off-trade Sales of Asian Speciality Drinks: Volume 2017-2022
- Table 142 Off-trade Sales of Asian Speciality Drinks: Value 2017-2022
- Table 143 Off-trade Sales of Asian Speciality Drinks: % Volume Growth 2017-2022
- Table 144 Off-trade Sales of Asian Speciality Drinks: % Value Growth 2017-2022
- Table 145 NBO Company Shares of Off-trade Asian Speciality Drinks: % Volume 2018-2022
- Table 146 LBN Brand Shares of Off-trade Asian Speciality Drinks: % Volume 2019-2022
- Table 147 NBO Company Shares of Off-trade Asian Speciality Drinks: % Value 2018-2022
- Table 148 LBN Brand Shares of Off-trade Asian Speciality Drinks: % Value 2019-2022
- Table 149 Forecast Off-trade Sales of Asian Speciality Drinks: Volume 2022-2027
- Table 150 Forecast Off-trade Sales of Asian Speciality Drinks: Value 2022-2027
- Table 151 Forecast Off-trade Sales of Asian Speciality Drinks: % Volume Growth 2022-2027
- Table 152 Forecast Off-trade Sales of Asian Speciality Drinks: % Value Growth 2022-2027