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Confectionery in Singapore

Publisher MarketLine
Published Jul 31, 2025
Length 43 Pages
SKU # MTLN20472825

Description

Confectionery in Singapore

Summary

Confectionery in Singapore industry profile provides top-line qualitative and quantitative summary information including: market size (value 2019-24, and forecast to 2029). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.

Key Highlights
  • Confectionery market includes retail sales of chocolate, sugar confectionery, and gum products. Chocolate segment includes all chocolate based products, including boxed chocolates, chocolate countlines, chocolate straightlines, molded bars and novelties. Sugar confectionery segment includes caramels and toffees, gums and jellies, hard boiled sweets, liquorice, lollipops, medicated confectionery and mints. Gum segment covers all bubble and chewing gum. The market is valued according to retail selling price (RSP) and includes any applicable taxes.
  • The Singaporean confectionery market recorded revenues of $325.4 million in 2024, representing a compound annual growth rate (CAGR) of 4.2% between 2019-24.
  • Market consumption volume increased with a CAGR of 0.9% between 2019-24, reaching a total of 11.3 million kilograms in 2024.
  • The healthy growth of the Singaporean confectionery market during 2019-24 can be attributed to the strong consumer demand for premium chocolates, sugar confections, and innovative snacking options, particularly among the country’s affluent and cosmopolitan population.
Scope
  • 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
Reasons to Buy
  • What was the size of the Singapore confectionery market by value in 2024?
  • What will be the size of the Singapore confectionery market in 2029?
  • What factors are affecting the strength of competition in the Singapore confectionery market?
  • How has the market performed over the last five years?
  • What are the main segments that make up Singapore's confectionery market?

Table of Contents

43 Pages
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 players in the Singaporean confectionery market?
7.3. Which companies have been most successful in increasing their market shares during 2019-24?
7.4. Which companies market shares have suffered over the same period (2019-24)?
7.5. What are the most popular brands in the Singaporean confectionery market?
8 Company Profiles
8.1. Mars Inc
8.2. Ferrero International SA
8.3. Mondelez International Inc
8.4. Nestle SA
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, 2019-24
Table 2: Singapore confectionery market volume: million kilograms, 2019-24
Table 3: Singapore confectionery market category segmentation: % share, by value, 2019-24
Table 4: Singapore confectionery market category segmentation: $ million, 2019-24
Table 5: Singapore confectionery market geography segmentation: $ million, 2024
Table 6: Singapore confectionery market distribution: % share, by value, 2024
Table 7: Singapore confectionery market value forecast: $ million, 2024-29
Table 8: Singapore confectionery market volume forecast: million kilograms, 2024-29
Table 9: Singapore confectionery market share: % share, by value, 2024
Table 10: Mars Inc: Key Facts
Table 11: Mars Inc: Key Employees
Table 12: Mars Inc: Key Employees Continued
Table 13: Ferrero International SA: Key Facts
Table 14: Ferrero International SA: Key Employees
Table 15: Mondelez International Inc: Key Facts
Table 16: Mondelez International Inc: Annual Financial Ratios
Table 17: Mondelez International Inc: Key Employees
Table 18: Nestle SA: Key Facts
Table 19: Nestle SA: Annual Financial Ratios
Table 20: Nestle SA: Key Employees
Table 21: Nestle SA: Key Employees Continued
Table 22: Singapore Size of Population (Million), 2020-24
Table 23: Singapore Real GDP (Constant 2010 Prices, $ Billion), 2020-24
Table 24: Singapore GDP (Current Prices, $ Billion), 2020-24
Table 25: Singapore Inflation, 2020-24
Table 26: Singapore Consumer Price Index (Absolute), 2020-24
Table 27: Singapore Exchange Rate, 2019-24
List of Figures
Figure 1: Singapore confectionery market value: $ million, 2019-24
Figure 2: Singapore confectionery market volume: million kilograms, 2019-24
Figure 3: Singapore confectionery market category segmentation: $ million, 2019-24
Figure 4: Singapore confectionery market geography segmentation: % share, by value, 2024
Figure 5: Singapore confectionery market distribution: % share, by value, 2024
Figure 6: Singapore confectionery market value forecast: $ million, 2024-29
Figure 7: Singapore confectionery market volume forecast: million kilograms, 2024-29
Figure 8: Forces driving competition in the confectionery market in Singapore, 2024
Figure 9: Drivers of buyer power in the confectionery market in Singapore, 2024
Figure 10: Drivers of supplier power in the confectionery market in Singapore, 2024
Figure 11: Factors influencing the likelihood of new entrants in the confectionery market in Singapore, 2024
Figure 12: Factors influencing the threat of substitutes in the confectionery market in Singapore, 2024
Figure 13: Drivers of degree of rivalry in the confectionery market in Singapore, 2024
Figure 14: Singapore confectionery market share: % share, by value, 2024

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