Singapore Ice-Cream Market Report and Forecast 2025-2034
Description
The Singapore ice-cream market reached around USD 584.35 Million in 2024. The market is projected to grow at a CAGR of 4.20% between 2025 and 2034, reaching almost USD 881.76 Million by 2034.
Singapore Ice-Cream Market Growth
Ice-cream imports into Singapore grew at a CAGR of over 10% between 2018 and 2022. France supplied USD $16.5 million of ice-cream to Singapore, which grew at a CAGR of 34% between 2018 and 2022. This made France the leading ice-cream supplier to Singapore, followed by Thailand (9.8 million) and Malaysia (USD $11.8 million). Japan remains an important ice-cream supplier to Singapore.
As compared to 2018, the sale of impulse ice-creams recorded a significant growth. Besides, take-home ice cream consumption reached $86.4 million by value, constituting two thirds of all ice-cream sales.
Technological developments in dairy substitution processes are expected to drive ingredient-based innovations, such as allergen-free, lactose-free, and gluten-free ice-cream ingredients. Rising health consciousness among people is expected to enhance the demand for ketogenic and high-protein protein creams, which cater to consumers’ palates and help them stay fit. In 2022, the total sales of vegan ice-creams reached $5.5 million by value. Thus, they represent a significant growth opportunity for major market players.
Strawberry, hazelnut, and fruity flavours are expected to emerge as popular ice-cream flavours among consumers in the country in the forecast period.
Singapore Ice-Cream Industry Segmentation
Singapore Ice-cream Market Report and Forecast 2025-2034 offers a detailed analysis of the market based on the following segments:
Market Breakup by Flavour
Chocolate
Fruit
Vanilla
Others
Market Breakup by Category
Impulse Ice-Cream
Take-Home Ice-Cream
Artisanal Ice-Cream
Market Breakup by Product Type
Cup
Stick
Cone
Brick
Tub
Others
Market Breakup by End Use
Food Service
Retailers
Market Breakup by Distribution Channel
Hypermarkets/Supermarkets
HoReCa
Convenience Stores
Online Channel
Others
Singapore Ice-Cream Market Share
Based on category, the market is divided into impulse ice-cream, take-home ice-cream, and artisanal ice-cream, among others. Over the forecast period of 2025-2034, artisanal ice-cream is projected to grow at a CAGR of 4.5% as it is made from fresh and high-quality ingredients. The increasing number of artisanal ice-cream shops in the country is also propelling the market.
Leading Companies in the Singapore Ice-Cream Market
The development of Solein, which contains 80% proteins and nearly 10% digestive fibres, is expected to drive ice-cream demand among health-conscious consumers. This is because solein is a microbial protein which is created from water and air and is considered to be the world’s most sustainable protein.
UDDERS ICE-CREAM
Birds of Paradise
Creamier Handcrafted Ice-cream & Coffee
Avenue Creamery Pte Ltd.
Lickers
DOPA
Kind Kones
Toms Palette
FATCAT Ice-cream Pte Ltd.
Others
Singapore Ice-Cream Market Growth
Ice-cream imports into Singapore grew at a CAGR of over 10% between 2018 and 2022. France supplied USD $16.5 million of ice-cream to Singapore, which grew at a CAGR of 34% between 2018 and 2022. This made France the leading ice-cream supplier to Singapore, followed by Thailand (9.8 million) and Malaysia (USD $11.8 million). Japan remains an important ice-cream supplier to Singapore.
As compared to 2018, the sale of impulse ice-creams recorded a significant growth. Besides, take-home ice cream consumption reached $86.4 million by value, constituting two thirds of all ice-cream sales.
Technological developments in dairy substitution processes are expected to drive ingredient-based innovations, such as allergen-free, lactose-free, and gluten-free ice-cream ingredients. Rising health consciousness among people is expected to enhance the demand for ketogenic and high-protein protein creams, which cater to consumers’ palates and help them stay fit. In 2022, the total sales of vegan ice-creams reached $5.5 million by value. Thus, they represent a significant growth opportunity for major market players.
Strawberry, hazelnut, and fruity flavours are expected to emerge as popular ice-cream flavours among consumers in the country in the forecast period.
Singapore Ice-Cream Industry Segmentation
Singapore Ice-cream Market Report and Forecast 2025-2034 offers a detailed analysis of the market based on the following segments:
Market Breakup by Flavour
Chocolate
Fruit
Vanilla
Others
Market Breakup by Category
Impulse Ice-Cream
Take-Home Ice-Cream
Artisanal Ice-Cream
Market Breakup by Product Type
Cup
Stick
Cone
Brick
Tub
Others
Market Breakup by End Use
Food Service
Retailers
Market Breakup by Distribution Channel
Hypermarkets/Supermarkets
HoReCa
Convenience Stores
Online Channel
Others
Singapore Ice-Cream Market Share
Based on category, the market is divided into impulse ice-cream, take-home ice-cream, and artisanal ice-cream, among others. Over the forecast period of 2025-2034, artisanal ice-cream is projected to grow at a CAGR of 4.5% as it is made from fresh and high-quality ingredients. The increasing number of artisanal ice-cream shops in the country is also propelling the market.
Leading Companies in the Singapore Ice-Cream Market
The development of Solein, which contains 80% proteins and nearly 10% digestive fibres, is expected to drive ice-cream demand among health-conscious consumers. This is because solein is a microbial protein which is created from water and air and is considered to be the world’s most sustainable protein.
UDDERS ICE-CREAM
Birds of Paradise
Creamier Handcrafted Ice-cream & Coffee
Avenue Creamery Pte Ltd.
Lickers
DOPA
Kind Kones
Toms Palette
FATCAT Ice-cream Pte Ltd.
Others
Table of Contents
118 Pages
- 1 Executive Summary
- 1.1 Market Size 2024-2025
- 1.2 Market Growth 2025(F)-2034(F)
- 1.3 Key Demand Drivers
- 1.4 Key Players and Competitive Structure
- 1.5 Industry Best Practices
- 1.6 Recent Trends and Developments
- 1.7 Industry Outlook
- 2 Market Overview and Stakeholder Insights
- 2.1 Market Trends
- 2.2 Key Verticals
- 2.3 Key Regions
- 2.4 Supplier Power
- 2.5 Buyer Power
- 2.6 Key Market Opportunities and Risks
- 2.7 Key Initiatives by Stakeholders
- 3 Economic Summary
- 3.1 GDP Outlook
- 3.2 GDP Per Capita Growth
- 3.3 Inflation Trends
- 3.4 Democracy Index
- 3.5 Gross Public Debt Ratios
- 3.6 Balance of Payment (BoP) Position
- 3.7 Population Outlook
- 3.8 Urbanisation Trends
- 4 Country Risk Profiles
- 4.1 Country Risk
- 4.2 Business Climate
- 5 Asia Pacific Ice-Cream Market Overview
- 5.1 Key Industry Highlights
- 5.2 Asia Pacific Ice-Cream Historical Market (2018-2024)
- 5.3 Asia Pacific Ice-Cream Market Forecast (2025-2034)
- 6 Singapore Ice-Cream Market Overview
- 6.1 Key Industry Highlights
- 6.2 Singapore Ice-Cream Historical Market (2018-2024)
- 6.3 Singapore Ice-Cream Market Forecast (2025-2034)
- 7 Singapore Ice-Cream Market by Flavour
- 7.1 Chocolate
- 7.1.1 Historical Trend (2018-2024)
- 7.1.2 Forecast Trend (2025-2034)
- 7.2 Fruit
- 7.2.1 Historical Trend (2018-2024)
- 7.2.2 Forecast Trend (2025-2034)
- 7.3 Vanilla
- 7.3.1 Historical Trend (2018-2024)
- 7.3.2 Forecast Trend (2025-2034)
- 7.4 Others
- 8 Singapore Ice-Cream Market by Category
- 8.1 Impulse Ice-Cream
- 8.1.1 Historical Trend (2018-2024)
- 8.1.2 Forecast Trend (2025-2034)
- 8.2 Take-Home Ice-Cream
- 8.2.1 Historical Trend (2018-2024)
- 8.2.2 Forecast Trend (2025-2034)
- 8.3 Artisanal Ice-Cream
- 8.3.1 Historical Trend (2018-2024)
- 8.3.2 Forecast Trend (2025-2034)
- 9 Singapore Ice-Cream Market by Product Type
- 9.1 Cup
- 9.1.1 Historical Trend (2018-2024)
- 9.1.2 Forecast Trend (2025-2034)
- 9.2 Stick
- 9.2.1 Historical Trend (2018-2024)
- 9.2.2 Forecast Trend (2025-2034)
- 9.3 Cone
- 9.3.1 Historical Trend (2018-2024)
- 9.3.2 Forecast Trend (2025-2034)
- 9.4 Brick
- 9.4.1 Historical Trend (2018-2024)
- 9.4.2 Forecast Trend (2025-2034)
- 9.5 Tub
- 9.5.1 Historical Trend (2018-2024)
- 9.5.2 Forecast Trend (2025-2034)
- 9.6 Others
- 10 Singapore Ice-Cream Market by End Use
- 10.1 Food Service
- 10.1.1 Historical Trend (2018-2024)
- 10.1.2 Forecast Trend (2025-2034)
- 10.2 Retailers
- 10.2.1 Historical Trend (2018-2024)
- 10.2.2 Forecast Trend (2025-2034)
- 11 Singapore Ice-Cream Market by Distribution Channel
- 11.1 Hypermarkets/Supermarkets
- 11.1.1 Historical Trend (2018-2024)
- 11.1.2 Forecast Trend (2025-2034)
- 11.2 HoReCa
- 11.2.1 Historical Trend (2018-2024)
- 11.2.2 Forecast Trend (2025-2034)
- 11.3 Convenience Stores
- 11.3.1 Historical Trend (2018-2024)
- 11.3.2 Forecast Trend (2025-2034)
- 11.4 Online Channel
- 11.4.1 Historical Trend (2018-2024)
- 11.4.2 Forecast Trend (2025-2034)
- 11.5 Others
- 12 Market Dynamics
- 12.1 SWOT Analysis
- 12.1.1 Strengths
- 12.1.2 Weaknesses
- 12.1.3 Opportunities
- 12.1.4 Threats
- 12.2 Porter’s Five Forces Analysis
- 12.2.1 Supplier’s Power
- 12.2.2 Buyer’s Power
- 12.2.3 Threat of New Entrants
- 12.2.4 Degree of Rivalry
- 12.2.5 Threat of Substitutes
- 12.3 Key Indicators of Demand
- 12.4 Key Indicators of Price
- 13 Competitive Landscape
- 13.1 Supplier Selection
- 13.2 Key Global Players
- 13.3 Key Regional Players
- 13.4 Key Player Strategies
- 13.5 Company Profiles
- 13.5.1 UDDERS ICE CREAM
- 13.5.1.1 Company Overview
- 13.5.1.2 Product Portfolio
- 13.5.1.3 Demographic Reach and Achievements
- 13.5.1.4 Certifications
- 13.5.2 Birds of Paradise
- 13.5.2.1 Company Overview
- 13.5.2.2 Product Portfolio
- 13.5.2.3 Demographic Reach and Achievements
- 13.5.2.4 Certifications
- 13.5.3 Creamier Handcrafted Ice Cream & Coffee
- 13.5.3.1 Company Overview
- 13.5.3.2 Product Portfolio
- 13.5.3.3 Demographic Reach and Achievements
- 13.5.3.4 Certifications
- 13.5.4 Avenue Creamery Pte Ltd.
- 13.5.4.1 Company Overview
- 13.5.4.2 Product Portfolio
- 13.5.4.3 Demographic Reach and Achievements
- 13.5.4.4 Certifications
- 13.5.5 Lickers
- 13.5.5.1 Company Overview
- 13.5.5.2 Product Portfolio
- 13.5.5.3 Demographic Reach and Achievements
- 13.5.5.4 Certifications
- 13.5.6 DOPA
- 13.5.6.1 Company Overview
- 13.5.6.2 Product Portfolio
- 13.5.6.3 Demographic Reach and Achievements
- 13.5.6.4 Certifications
- 13.5.7 Kind Kones
- 13.5.7.1 Company Overview
- 13.5.7.2 Product Portfolio
- 13.5.7.3 Demographic Reach and Achievements
- 13.5.7.4 Certifications
- 13.5.8 Toms Palette
- 13.5.8.1 Company Overview
- 13.5.8.2 Product Portfolio
- 13.5.8.3 Demographic Reach and Achievements
- 13.5.8.4 Certifications
- 13.5.9 FATCAT Ice Cream Pte Ltd.
- 13.5.9.1 Company Overview
- 13.5.9.2 Product Portfolio
- 13.5.9.3 Demographic Reach and Achievements
- 13.5.9.4 Certifications
- 13.5.10 Others
Pricing
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