Confectionery in Singapore
Summary
Confectionery in Singapore industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value and volume 2015-19, and forecast to 2024). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Key Highlights
- The confectionery market consists of the retail sale of chocolate, gum and sugar confectionery products. The chocolate segment consists of all chocolate based products, including boxed chocolates, chocolate countlines, chocolate straightlines, molded bars and novelties. The gum segment consists of all bubble and chewing gum. Moreover, the sugar confectionery segment consists of hard boiled sweets, mints, caramels and toffees, gums and jellies, marshmallows, fudges and medicated throat lozenges. The market is valued according to retail selling price (RSP) and includes any applicable taxes. Any currency conversions used in the creation of this report have been calculated using constant 2019 annual average exchange rates.
- The Singaporean confectionery market had total revenues of $245.9m in 2019, representing a compound annual growth rate (CAGR) of 2.5% between 2015 and 2019.
- Market consumption volume increased with a CAGR of 1.4% between 2015 and 2019, to reach a total of 12.1 million kilograms in 2019.
- Health and wellness is a rising trend among Singaporean consumers. Consumers are seeking products with new flavors that also have health benefits.
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the confectionery market in Singapore
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the confectionery market in Singapore
- Leading company profiles reveal details of key confectionery market players’ global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the Singapore confectionery market with five year forecasts by both value and volume
- What was the size of the Singapore confectionery market by value in 2019?
- What will be the size of the Singapore confectionery market in 2024?
- What factors are affecting the strength of competition in the Singapore confectionery market?
- How has the market performed over the last five years?
- Who are the top competitiors in Singapore's confectionery market?
- 1 Executive Summary
- 1.1. Market value
- 1.2. Market value forecast
- 1.3. Market volume
- 1.4. Market volume forecast
- 1.5. Category segmentation
- 1.6. Geography segmentation
- 1.7. Market share
- 1.8. Market rivalry
- 1.9. Competitive Landscape
- 2 Market Overview
- 2.1. Market definition
- 2.2. Market analysis
- 3 Market Data
- 3.1. Market value
- 3.2. Market volume
- 4 Market Segmentation
- 4.1. Category segmentation
- 4.2. Geography segmentation
- 4.3. Market distribution
- 5 Market Outlook
- 5.1. Market value forecast
- 5.2. Market volume forecast
- 6 Five Forces Analysis
- 6.1. Summary
- 6.2. Buyer power
- 6.3. Supplier power
- 6.4. New entrants
- 6.5. Threat of substitutes
- 6.6. Degree of rivalry
- 7 Competitive Landscape
- 7.1. Market share
- 7.2. Who are the leading market players?
- 7.3. Which companies have been the most successful in increasing their market shares since 2015?
- 7.4. Which companies’ market shares have suffered in the last five years?
- 7.5. What are the most popular brands in the market?
- 8 Company Profiles
- 8.1. Mondelez International, Inc.
- 8.2. Ferrero Group
- 8.3. Mars, Incorporated
- 9 Macroeconomic Indicators
- 9.1. Country data
- 10 Appendix
- 10.1. Methodology
- 10.2. Industry associations
- 10.3. Related MarketLine research
- 10.4. About MarketLine
- List of Tables
- Table 1: Singapore confectionery market value: $ million, 2015-19
- Table 2: Singapore confectionery market volume: million kilograms, 2015-19
- Table 3: Singapore confectionery market category segmentation: $ million, 2019
- Table 4: Singapore confectionery market geography segmentation: $ million, 2019
- Table 5: Singapore confectionery market distribution: % share, by value, 2019
- Table 6: Singapore confectionery market value forecast: $ million, 2019-24
- Table 7: Singapore confectionery market volume forecast: million kilograms, 2019-24
- Table 8: Singapore confectionery market share: % share, by value, 2019
- Table 9: Mondelez International, Inc.: key facts
- Table 10: Mondelez International, Inc.: Annual Financial Ratios
- Table 11: Mondelez International, Inc.: Key Employees
- Table 12: Mondelez International, Inc.: Key Employees Continued
- Table 13: Ferrero Group: key facts
- Table 14: Ferrero Group: Key Employees
- Table 15: Mars, Incorporated: key facts
- Table 16: Mars, Incorporated: Key Employees
- Table 17: Singapore size of population (million), 2015-19
- Table 18: Singapore gdp (constant 2005 prices, $ billion), 2015-19
- Table 19: Singapore gdp (current prices, $ billion), 2015-19
- Table 20: Singapore inflation, 2015-19
- Table 21: Singapore consumer price index (absolute), 2015-19
- Table 22: Singapore exchange rate, 2015-19
- List of Figures
- Figure 1: Singapore confectionery market value: $ million, 2015-19
- Figure 2: Singapore confectionery market volume: million kilograms, 2015-19
- Figure 3: Singapore confectionery market category segmentation: % share, by value, 2019
- Figure 4: Singapore confectionery market geography segmentation: % share, by value, 2019
- Figure 5: Singapore confectionery market distribution: % share, by value, 2019
- Figure 6: Singapore confectionery market value forecast: $ million, 2019-24
- Figure 7: Singapore confectionery market volume forecast: million kilograms, 2019-24
- Figure 8: Forces driving competition in the confectionery market in Singapore, 2019
- Figure 9: Drivers of buyer power in the confectionery market in Singapore, 2019
- Figure 10: Drivers of supplier power in the confectionery market in Singapore, 2019
- Figure 11: Factors influencing the likelihood of new entrants in the confectionery market in Singapore, 2019
- Figure 12: Factors influencing the threat of substitutes in the confectionery market in Singapore, 2019
- Figure 13: Drivers of degree of rivalry in the confectionery market in Singapore, 2019
- Figure 14: Singapore confectionery market share: % share, by value, 2019
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