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Food & Grocery Retail in Singapore

Publisher MarketLine
Published Aug 23, 2024
Length 38 Pages
SKU # MTLN19275241

Description

Food & Grocery Retail in Singapore


Summary

Food & Grocery Retail in Singapore industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value and volume 2018-23, and forecast to 2028). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.

Key Highlights
  • The food & grocery retail market is segmented into household products, tobacco, food, and drinks. Market value refers to retail sales.
  • The Singaporean food & grocery retail market recorded revenues of $14.1 billion in 2023, representing a compound annual growth rate (CAGR) of 4.7% between 2018 and 2023.
  • The food segment accounted for the market's largest proportion in 2023, with total revenues of $10.1 billion, equivalent to 71.7% of the market's overall value.
  • In 2023, the Singaporean food & grocery retail market recorded an annual growth of 10.2% due to the expansion in grocery retail infrastructure. For instance, Sheng Siong launched two new stores in Singapore and increased the retail footprint of an existing location during H1 FY2024.
Scope
  • Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the food & grocery retail market in Singapore
  • Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the food & grocery retail market in Singapore
  • Leading company profiles reveal details of key food & grocery retail market players’ global operations and financial performance
  • Add weight to presentations and pitches by understanding the future growth prospects of the Singapore food & grocery retail market with five year forecasts by both value and volume
Reasons to Buy
  • What was the size of the Singapore food & grocery retail market by value in 2023?
  • What will be the size of the Singapore food & grocery retail market in 2028?
  • What factors are affecting the strength of competition in the Singapore food & grocery retail market?
  • How has the market performed over the last five years?
  • Who are the top competitors in Singapore's food & grocery retail market?

Table of Contents

38 Pages
1 Executive Summary
1.1. Market value
1.2. Market value forecast
1.3. Category segmentation
1.4. Geography segmentation
1.5. Market rivalry
1.6. Competitive landscape
2 Market Overview
2.1. Market definition
2.2. Market analysis
3 Market Data
3.1. Market value
4 Market Segmentation
4.1. Category segmentation
4.2. Geography segmentation
5 Market Outlook
5.1. Market value 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. Who are the leading players?
7.2. What are the strengths of leading players?
7.3. What are the strategies of leading players?
8 Company Profiles
8.1. NTUC Fairprice Co-operative Ltd
8.2. DFI Retail Group Holdings Ltd
8.3. Sheng Siong Group Ltd
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 food & grocery retail market value: $ million, 2018-23
Table 2: Singapore food & grocery retail market category segmentation: % share, by value, 2018-2023
Table 3: Singapore food & grocery retail market category segmentation: $ million, 2018-2023
Table 4: Singapore food & grocery retail market geography segmentation: $ million, 2023
Table 5: Singapore food & grocery retail market value forecast: $ million, 2023-28
Table 6: NTUC Fairprice Co-operative Ltd: key facts
Table 7: NTUC Fairprice Co-operative Ltd: Key Employees
Table 8: DFI Retail Group Holdings Ltd: key facts
Table 9: DFI Retail Group Holdings Ltd: Annual Financial Ratios
Table 10: DFI Retail Group Holdings Ltd: Key Employees
Table 11: Sheng Siong Group Ltd: key facts
Table 12: Sheng Siong Group Ltd: Annual Financial Ratios
Table 13: Sheng Siong Group Ltd: Key Employees
Table 14: Singapore size of population (million), 2019-23
Table 15: Singapore real gdp (constant 2010 prices, $ billion), 2019-23
Table 16: Singapore gdp (current prices, $ billion), 2019-23
Table 17: Singapore inflation, 2019-23
Table 18: Singapore consumer price index (absolute), 2019-23
Table 19: Singapore exchange rate, 2018-23
List of Figures
Figure 1: Singapore food & grocery retail market value: $ million, 2018-23
Figure 2: Singapore food & grocery retail market category segmentation: $ million, 2018-2023
Figure 3: Singapore food & grocery retail market geography segmentation: % share, by value, 2023
Figure 4: Singapore food & grocery retail market value forecast: $ million, 2023-28
Figure 5: Forces driving competition in the food & grocery retail market in Singapore, 2023
Figure 6: Drivers of buyer power in the food & grocery retail market in Singapore, 2023
Figure 7: Drivers of supplier power in the food & grocery retail market in Singapore, 2023
Figure 8: Factors influencing the likelihood of new entrants in the food & grocery retail market in Singapore, 2023
Figure 9: Factors influencing the threat of substitutes in the food & grocery retail market in Singapore, 2023
Figure 10: Drivers of degree of rivalry in the food & grocery retail market in Singapore, 2023

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