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Food & Grocery Retail in Singapore

Publisher MarketLine
Published Oct 09, 2025
Length 41 Pages
SKU # MTLN20645711

Description

Food & Grocery Retail in Singapore

Summary

Food & Grocery Retail in Singapore industry profile provides top-line qualitative and quantitative summary information including: market size (value and volume 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
  • 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 $12.3 billion in 2024, representing a compound annual growth rate (CAGR) of 1.6% between 2019 and 2024.
  • The food segment accounted for the market's largest proportion in 2024, with total revenues of $8.7 billion, equivalent to 71.1% of the market's overall value.
  • In 2024, Singapore accounted for a 0.2% share of the Asia-Pacific food & grocery retail market.
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 2024?
  • What will be the size of the Singapore food & grocery retail market in 2029?
  • 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?
  • What are the main segments that make up Singapore's food & grocery retail market?

Table of Contents

41 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
4.3. Market distribution
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 strategies of leading players?
7.3. What are the strengths 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, 2019-24
Table 2: Singapore food & grocery retail market category segmentation: % share, by value, 2019-24
Table 3: Singapore food & grocery retail market category segmentation: $ million, 2019-24
Table 4: Singapore food & grocery retail market geography segmentation: $ million, 2024
Table 5: Singapore food & grocery retail market distribution: % share, by value, 2024
Table 6: Singapore food & grocery retail market value forecast: $ million, 2024-29
Table 7: NTUC FairPrice Co-operative Ltd: Key Facts
Table 8: NTUC FairPrice Co-operative Ltd: Key Employees
Table 9: DFI Retail Group Holdings Ltd: Key Facts
Table 10: DFI Retail Group Holdings Ltd: Annual Financial Ratios
Table 11: DFI Retail Group Holdings Ltd: Key Employees
Table 12: DFI Retail Group Holdings Ltd: Key Employees Continued
Table 13: Sheng Siong Group Ltd: Key Facts
Table 14: Sheng Siong Group Ltd: Annual Financial Ratios
Table 15: Sheng Siong Group Ltd: Key Employees
Table 16: Singapore Size of Population (Million), 2020-24
Table 17: Singapore Real GDP (Constant 2010 Prices, $ Billion), 2020-24
Table 18: Singapore GDP (Current Prices, $ Billion), 2020-24
Table 19: Singapore Inflation, 2020-24
Table 20: Singapore Consumer Price Index (Absolute), 2020-24
Table 21: Singapore Exchange Rate, 2019-24
List of Figures
Figure 1: Singapore food & grocery retail market value: $ million, 2019-24
Figure 2: Singapore food & grocery retail market category segmentation: $ million, 2019-24
Figure 3: Singapore food & grocery retail market geography segmentation: % share, by value, 2024
Figure 4: Singapore food & grocery retail market distribution: % share, by value, 2024
Figure 5: Singapore food & grocery retail market value forecast: $ million, 2024-29
Figure 6: Forces driving competition in the food & grocery retail market in Singapore, 2024
Figure 7: Drivers of buyer power in the food & grocery retail market in Singapore, 2024
Figure 8: Drivers of supplier power in the food & grocery retail market in Singapore, 2024
Figure 9: Factors influencing the likelihood of new entrants in the food & grocery retail market in Singapore, 2024
Figure 10: Factors influencing the threat of substitutes in the food & grocery retail market in Singapore, 2024
Figure 11: Drivers of degree of rivalry in the food & grocery retail market in Singapore, 2024

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