Report cover image

Ice Cream in Singapore

Publisher MarketLine
Published Aug 14, 2025
Length 44 Pages
SKU # MTLN20472830

Description

Ice Cream in Singapore

Summary

Ice Cream 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
  • Ice cream market includes retail sales of impulse ice cream - single serve, artisanal ice cream, and take-home and bulk ice cream. Impulse ice cream - single serve segment covers individually packaged products such as ice cream bars, cones, cups, and sticks intended for immediate consumption. Artisanal ice cream segment includes high-quality, small-batch ice cream crafted using traditional techniques, often incorporating premium or locally sourced ingredients. Take-home and bulk ice cream segment covers larger packaging formats such as tubs, pints, and multi-pack products.
  • The Singaporean ice cream market recorded revenues of $154.4 million in 2024, representing a compound annual growth rate (CAGR) of 4.9% between 2019-24.
  • Market consumption volume increased with a CAGR of 1.3% between 2019-24, reaching a total of 8.9 million kilograms in 2024.
  • The Singaporean ice cream market demonstrated growth during the review period, driven by the country's strong economic growth and high consumer purchasing power.
Scope
  • Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the ice cream market in Singapore
  • Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the ice cream market in Singapore
  • Leading company profiles reveal details of key ice cream market players’ global operations and financial performance
  • Add weight to presentations and pitches by understanding the future growth prospects of the Singapore ice cream market with five year forecasts
Reasons to Buy
  • What was the size of the Singapore ice cream market by value in 2024?
  • What will be the size of the Singapore ice cream market in 2029?
  • What factors are affecting the strength of competition in the Singapore ice cream market?
  • How has the market performed over the last five years?
  • What are the main segments that make up Singapore's ice cream market?

Table of Contents

44 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 ice cream market?
7.3. Which companies have been most successful in increasing their market shares in the last 5 years (2019-24)?
7.4. Which companies market shares have suffered in the last 5 years (2019-24)?
7.5. What are the most popular brands in the Singaporean ice cream market?
8 Company Profiles
8.1. General Mills Inc
8.2. Nestle SA
8.3. F&N Foods Pte Ltd
8.4. Unilever Plc
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 ice cream market value: $ million, 2019-24
Table 2: Singapore ice cream market volume: million kilograms, 2019-24
Table 3: Singapore ice cream market category segmentation: % share, by value, 2019-24
Table 4: Singapore ice cream market category segmentation: $ million, 2019-24
Table 5: Singapore ice cream market geography segmentation: $ million, 2024
Table 6: Singapore ice cream market distribution: % share, by value, 2024
Table 7: Singapore ice cream market value forecast: $ million, 2024-29
Table 8: Singapore ice cream market volume forecast: million kilograms, 2024-29
Table 9: Singapore ice cream market share: % share, by value, 2024
Table 10: General Mills Inc: Key Facts
Table 11: General Mills Inc: Annual Financial Ratios
Table 12: General Mills Inc: Key Employees
Table 13: Nestle SA: Key Facts
Table 14: Nestle SA: Annual Financial Ratios
Table 15: Nestle SA: Key Employees
Table 16: Nestle SA: Key Employees Continued
Table 17: F&N Foods Pte Ltd: Key Facts
Table 18: F&N Foods Pte Ltd: Key Employees
Table 19: Unilever Plc: Key Facts
Table 20: Unilever Plc: Annual Financial Ratios
Table 21: Unilever Plc: Key Employees
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 ice cream market value: $ million, 2019-24
Figure 2: Singapore ice cream market volume: million kilograms, 2019-24
Figure 3: Singapore ice cream market category segmentation: $ million, 2019-24
Figure 4: Singapore ice cream market geography segmentation: % share, by value, 2024
Figure 5: Singapore ice cream market distribution: % share, by value, 2024
Figure 6: Singapore ice cream market value forecast: $ million, 2024-29
Figure 7: Singapore ice cream market volume forecast: million kilograms, 2024-29
Figure 8: Forces driving competition in the ice cream market in Singapore, 2024
Figure 9: Drivers of buyer power in the ice cream market in Singapore, 2024
Figure 10: Drivers of supplier power in the ice cream market in Singapore, 2024
Figure 11: Factors influencing the likelihood of new entrants in the ice cream market in Singapore, 2024
Figure 12: Factors influencing the threat of substitutes in the ice cream market in Singapore, 2024
Figure 13: Drivers of degree of rivalry in the ice cream market in Singapore, 2024
Figure 14: Singapore ice cream market share: % share, by value, 2024

Search Inside Report

Pricing

Currency Rates
How Do Licenses Work?

How Do Licenses Work?

The primary function of a report license is to define how many people within a company are authorized to use the purchased report. This is separate to how a report might be delivered. Unless specifically identified otherwise, the purchase option is Single User. Below is a helpful description of that license, along with a sampling of others most commonly offered.

  • This license allows only one user to have access to and to use/read the report. It is not one user at a time or one user group; it is an individual who will be reading and utilizing the report.

  • This license allows for the entire purchasing company to read and use the report. This is the license level that would allow for a report to be placed on an internal company shared drive for access by all employees of that direct company. This license does not extend to parent or sister company use.

  • This license is designed to allow an entire department within a company full access to a report. The departmental license is a great option for companies that have more than one location and the department is spread out all over the country/world

  • This license is for companies that have one location where they want the report to be accessible by all employees within that physical location.

  • This is the most flexible of the licensing options. Some publishers will allow you to get a license for a preset number of people (typically 5). These licenses are ideal for small work groups.

License options are at the discretion of each publisher. As such, not all licenses indicated above are available for every product. If you are uncertain of the best license for your needs or would like a license that is not proactively available, please contact us and we will be happy to assist.

Request A Sample
Head shot

Questions or Comments?

Our team has the ability to search within reports to verify it suits your needs. We can also help maximize your budget by finding sections of reports you can purchase.
Chat Now
Contact Us