封面
市场调查报告书
商品编码
1543412

新加坡乳製品及替代品市场

Dairy Products and Alternatives in Singapore

出版日期: | 出版商: Euromonitor International | 英文 74 Pages | 商品交期: 最快1-2个工作天内

价格
简介目录

预计2024年新加坡乳製品和替代产品零售量将保持稳定,零售当期金额预计将因价格上涨而成长。鑑于新加坡的GST税率在2023年初从7%提高到8%,并从2024年1月1日起进一步从8%提高到9%,零售量稳定是很有可能的结果。这压低了乳製品及其替代品的价格,通货膨胀仍然很高。

本报告调查了新加坡的乳製品和替代品市场,分析和预测了婴儿食品、黄油和涂抹酱、奶酪、饮用乳、酸奶和乳酸产品以及植物来源乳製品的市场规模和结构,我们进行了策略分析,包括主要参与企业的趋势。

目录

执行摘要

市场资料

免责声明

资讯来源

新加坡婴儿食品

主要资料结果

2024年发展

  • 由于2024年龙年出生率快速上升,奶粉销售量将会增加
  • 持续的经济状况不确定性、商品及服务税上调和高通膨环境阻碍成长
  • 父母想要营养方便的婴儿食品选择

前景和机会

  • 新加坡的低出生率预计将阻碍婴儿食品销售的成长,但优质化将推动高价值销售
  • SFA 允许在婴儿配方奶粉中合法使用新成分,并提案提高某些成分的耐受程度。
  • 新加坡取消对中国乳製品的三聚氰胺管制

分类资料

新加坡奶油和抹酱

主要资料结果

2024年发展

  • 由于外出用餐的復苏和入境旅游的增加,预计 2024 年食品服务量将成长
  • 由于餐饮业的需求和价值追求行为,零售量成长停滞
  • 方便的奶油和涂抹酱已经存在,但还不重要

前景和机会

  • 黄油预计将保持增长,因为它是许多当地美食的重要组成部分,而人造奶油和涂抹酱预计将下降
  • 儘管预计仍将是小众趋势,但黄油以外的麵包酱类型预计将逐渐多样化。
  • 主要品牌SCS预计将在黄油市场保持强劲领先地位

分类资料

新加坡乳酪

主要资料结果

2024年发展

  • 在当地食品趋势的支持下,起司食品服务量将适度增加
  • 出生率下降意味着品牌需要将成年人作为主要消费群组
  • 乳酪的健康意识消费趋势正在缓慢增长,尤其是软乳酪。

前景和机会

  • 预测期内生乳酪的成长潜力
  • 消费者价格敏感度预计会对不同的起司类别产生不同的影响。

分类资料

新加坡的乳製品饮料

主要资料结果

2024年发展

  • 到 2024 年,原乳零售将强于常温乳。
  • Nutri Grade 法规扩展至新鲜饮料将于 2023 年底生效,但手摇茶饮影响不大
  • 功能性奶的进一步新产品开发

前景和机会

  • 预计饮用乳领域与植物来源奶的竞争将会加剧。
  • 由于婴儿配方奶粉零售量成长停滞,製造商可能会关注老年消费者
  • 随着竞争加剧,旨在衝动购买的纯乳製品风味奶饮料预计将陷入停滞

分类资料

新加坡优格和优格製品

主要资料结果

2024年发展

  • 由于健康趋势上升,预计2024年优格食品服务销售将稳定成长
  • 希腊优格越来越受欢迎,品种也越来越多。
  • YAKULT在饮用优格方面持续保持强劲领先地位

前景和机会

  • 常温优格在消费者中仍然是一个小众市场,预计销售不会增加。
  • 在预测期内,风味优格将继续优于原味优格
  • 原味优格和风味优格之间的竞争格局仍将分散

分类资料

新加坡的其他乳製品

主要资料结果

2024年发展

  • 随着消费者寻求更健康的替代品,咖啡增白剂、炼乳和淡奶的零售需求下降
  • 咖啡增白剂品种有限也阻碍了这一品类的发展。
  • 现代植物来源很难在其他非乳製品选择中获得吸引力

前景和机会

  • 透过食品服务管道的炼乳和淡奶销量可能会小幅增加,但会受到 HPB宣传活动的具体限制
  • 预测期内单份奶油销量预计将增加
  • 预计咖啡增白剂零售量成长在预测期内将继续陷入困境

分类资料

新加坡的植物来源乳製品

主要资料结果

2024年发展

  • 豆饮料品牌竞赛加剧
  • 透过便利商店获得其他植物奶增长机会
  • 植物来源乳酪在新加坡占有一席之地,但迄今采用率有限

前景和机会

  • 新加坡食品服务店预计将推出更多植物奶
  • 儘管目前有限,但植物来源优格有潜力透过食品店提高消费者的意识。
  • 其他植物奶厂商的数量预计将继续扩大。

分类资料

简介目录
Product Code: DASG

Retail volume sales of dairy products and alternatives in Singapore are expected to remain stable in 2024, along with retail current value growth due to price rises. Retail volume stability would be quite an achievement, given that the GST rate in Singapore was increased from 7% to 8% at the start of 2023, and a further increase from 8% to 9% was implemented from 1 January 2024. This has weighed on the prices of dairy products and alternatives, and with inflation also remaining at a higher level...

Euromonitor International's Dairy Products and Alternatives in Singapore report offers in-depth knowledge of the market at a national level, providing local insight and understanding unavailable elsewhere. In addition to the latest retail sales data 2019-2023, it identifies the leading companies, brands and retail outlets, and assesses the key trends and demographic shifts behind consumer demand and sales growth. How key trends such as health and wellness, sustainability and recovery from the pandemic are shaping the market in <|Year|> directly informs our forecasts to 2028, clearly indicating how the market is expected to change.

Product coverage: Baby Food, Dairy, Plant-based Dairy.

Data coverage: market sizes (historic and forecasts), company shares, brand shares and distribution data.

Why buy this report?

  • Get a detailed picture of the Dairy Products and Alternatives market;
  • Pinpoint growth sectors and identify factors driving change;
  • Understand the competitive environment, the market's major players and leading brands;
  • Use five-year forecasts to assess how the market is predicted to develop.

TABLE OF CONTENTS

List Of Contents And Tables

EXECUTIVE SUMMARY

  • Dairy products and alternatives in 2024: The big picture
  • Key trends in 2024
  • Competitive landscape
  • Channel developments
  • What next for dairy products and alternatives?

MARKET DATA

  • Table 1 Sales of Dairy Products and Alternatives by Category: Value 2019-2024
  • Table 2 Sales of Dairy Products and Alternatives by Category: % Value Growth 2019-2024
  • Table 3 NBO Company Shares of Dairy Products and Alternatives: % Value 2020-2024
  • Table 4 LBN Brand Shares of Dairy Products and Alternatives: % Value 2021-2024
  • Table 5 Penetration of Private Label by Category: % Value 2019-2024
  • Table 6 Distribution of Dairy Products and Alternatives by Format: % Value 2019-2024
  • Table 7 Forecast Sales of Dairy Products and Alternatives by Category: Value 2024-2029
  • Table 8 Forecast Sales of Dairy Products and Alternatives by Category: % Value Growth 2024-2029

DISCLAIMER

SOURCES

  • Summary 1 Research Sources

BABY FOOD IN SINGAPORE

KEY DATA FINDINGS

2024 DEVELOPMENTS

  • Spike in birth rate during Year of the Dragon in 2024 drives up volume sales of milk formula
  • Persisting uncertain economic conditions, GST hike, and high inflationary environment hamper growth
  • Parents seek nutritious and convenient options in baby food

PROSPECTS AND OPPORTUNITIES

  • Low fertility rate in Singapore set to hamper volume growth of baby food, but value sales will be driven by premiumisation
  • SFA proposal to legally allow new ingredients in milk formula, as well as increase the permitted levels of certain ingredients
  • Singapore removes melamine-related restrictions for dairy-related products from China

CATEGORY DATA

  • Table 9 Sales of Baby Food by Category: Volume 2019-2024
  • Table 10 Sales of Baby Food by Category: Value 2019-2024
  • Table 11 Sales of Baby Food by Category: % Volume Growth 2019-2024
  • Table 12 Sales of Baby Food by Category: % Value Growth 2019-2024
  • Table 13 Sales of Growing-Up Milk Formula by Age: % Value 2019-2024
  • Table 14 NBO Company Shares of Baby Food: % Value 2020-2024
  • Table 15 LBN Brand Shares of Baby Food: % Value 2021-2024
  • Table 16 Distribution of Baby Food by Format: % Value 2019-2024
  • Table 17 Forecast Sales of Baby Food by Category: Volume 2024-2029
  • Table 18 Forecast Sales of Baby Food by Category: Value 2024-2029
  • Table 19 Forecast Sales of Baby Food by Category: % Volume Growth 2024-2029
  • Table 20 Forecast Sales of Baby Food by Category: % Value Growth 2024-2029

BUTTER AND SPREADS IN SINGAPORE

KEY DATA FINDINGS

2024 DEVELOPMENTS

  • Foodservice volume growth expected in 2024, driven by recovery of dining out and rise in inbound tourism
  • Stagnating retail volume growth, due to demand in foodservice and value-seeking behaviour
  • Presence of convenient formats of butter and spreads available, but not yet significant

PROSPECTS AND OPPORTUNITIES

  • Butter set to maintain growth as it is a key part of many local dishes, while margarine and spreads projected to decline
  • While expected to remain a niche trend, a gradual movement is expected to diverse types of spreads for bread besides butter
  • Key brand SCS set to maintain its strong lead in butter

CATEGORY DATA

  • Table 21 Sales of Butter and Spreads by Category: Volume 2019-2024
  • Table 22 Sales of Butter and Spreads by Category: Value 2019-2024
  • Table 23 Sales of Butter and Spreads by Category: % Volume Growth 2019-2024
  • Table 24 Sales of Butter and Spreads by Category: % Value Growth 2019-2024
  • Table 25 NBO Company Shares of Butter and Spreads: % Value 2020-2024
  • Table 26 LBN Brand Shares of Butter and Spreads: % Value 2021-2024
  • Table 27 Distribution of Butter and Spreads by Format: % Value 2019-2024
  • Table 28 Forecast Sales of Butter and Spreads by Category: Volume 2024-2029
  • Table 29 Forecast Sales of Butter and Spreads by Category: Value 2024-2029
  • Table 30 Forecast Sales of Butter and Spreads by Category: % Volume Growth 2024-2029
  • Table 31 Forecast Sales of Butter and Spreads by Category: % Value Growth 2024-2029

CHEESE IN SINGAPORE

KEY DATA FINDINGS

2024 DEVELOPMENTS

  • Moderate foodservice volume growth for cheese, bolstered by local food trends
  • Slowing birth rate may signal the necessity for brands to target adults as a key consumer group
  • Health-conscious consumption trend is slower to pick up in cheese, mainly evident in soft cheese

PROSPECTS AND OPPORTUNITIES

  • Potential for growth for unprocessed cheeses over the forecast period
  • Consumer price sensitivity expected to have varying impacts within cheese categories

CATEGORY DATA

  • Table 32 Sales of Cheese by Category: Volume 2019-2024
  • Table 33 Sales of Cheese by Category: Value 2019-2024
  • Table 34 Sales of Cheese by Category: % Volume Growth 2019-2024
  • Table 35 Sales of Cheese by Category: % Value Growth 2019-2024
  • Table 36 Sales of Spreadable Cheese by Type: % Value 2019-2024
  • Table 37 Sales of Soft Cheese by Type: % Value 2019-2024
  • Table 38 Sales of Hard Cheese by Type: % Value 2019-2024
  • Table 39 NBO Company Shares of Cheese: % Value 2020-2024
  • Table 40 LBN Brand Shares of Cheese: % Value 2021-2024
  • Table 41 Distribution of Cheese by Format: % Value 2019-2024
  • Table 42 Forecast Sales of Cheese by Category: Volume 2024-2029
  • Table 43 Forecast Sales of Cheese by Category: Value 2024-2029
  • Table 44 Forecast Sales of Cheese by Category: % Volume Growth 2024-2029
  • Table 45 Forecast Sales of Cheese by Category: % Value Growth 2024-2029

DRINKING MILK PRODUCTS IN SINGAPORE

KEY DATA FINDINGS

2024 DEVELOPMENTS

  • Stronger retail volume performance for fresh milk than shelf stable milk in 2024
  • Extension of Nutri-grade regulations to freshly prepared beverages is implemented in late 2023, but has little impact on indulgent bubble tea
  • Functional milk sees further new product developments

PROSPECTS AND OPPORTUNITIES

  • Drinking milk products expected to face growing competition from plant-based milk
  • With stagnating retail volume growth of powder milk, manufacturers likely to focus on older consumers
  • Dairy only flavoured milk drinks targeted towards impulse occasions set to stagnate as the competition intensifies

CATEGORY DATA

  • Table 46 Sales of Drinking Milk Products by Category: Volume 2019-2024
  • Table 47 Sales of Drinking Milk Products by Category: Value 2019-2024
  • Table 48 Sales of Drinking Milk Products by Category: % Volume Growth 2019-2024
  • Table 49 Sales of Drinking Milk Products by Category: % Value Growth 2019-2024
  • Table 50 NBO Company Shares of Drinking Milk Products: % Value 2020-2024
  • Table 51 LBN Brand Shares of Drinking Milk Products: % Value 2021-2024
  • Table 52 Distribution of Drinking Milk Products by Format: % Value 2019-2024
  • Table 53 Forecast Sales of Drinking Milk Products by Category: Volume 2024-2029
  • Table 54 Forecast Sales of Drinking Milk Products by Category: Value 2024-2029
  • Table 55 Forecast Sales of Drinking Milk Products by Category: % Volume Growth 2024-2029
  • Table 56 Forecast Sales of Drinking Milk Products by Category: % Value Growth 2024-2029

YOGHURT AND SOUR MILK PRODUCTS IN SINGAPORE

KEY DATA FINDINGS

2024 DEVELOPMENTS

  • Stable foodservice volume growth for yoghurt in 2024, driven by health trends
  • Greek yoghurt gains popularity and varieties available expand
  • Drinking yoghurt continues to be strongly led by Yakult

PROSPECTS AND OPPORTUNITIES

  • Ambient drinking yoghurt expected to remain a niche amongst consumers and fail to see volume growth
  • Flavoured yoghurt will continue to be preferred over plain yoghurt over the forecast period
  • Competitive landscape in plain and flavoured yoghurt expected to remain fragmented

CATEGORY DATA

  • Table 57 Sales of Yoghurt and Sour Milk Products by Category: Volume 2019-2024
  • Table 58 Sales of Yoghurt and Sour Milk Products by Category: Value 2019-2024
  • Table 59 Sales of Yoghurt and Sour Milk Products by Category: % Volume Growth 2019-2024
  • Table 60 Sales of Yoghurt and Sour Milk Products by Category: % Value Growth 2019-2024
  • Table 61 Sales of Flavoured Yoghurt by Flavour: Rankings 2019-2024
  • Table 62 NBO Company Shares of Yoghurt and Sour Milk Products: % Value 2020-2024
  • Table 63 LBN Brand Shares of Yoghurt and Sour Milk Products: % Value 2021-2024
  • Table 64 Distribution of Yoghurt and Sour Milk Products by Format: % Value 2019-2024
  • Table 65 Forecast Sales of Yoghurt and Sour Milk Products by Category: Volume 2024-2029
  • Table 66 Forecast Sales of Yoghurt and Sour Milk Products by Category: Value 2024-2029
  • Table 67 Forecast Sales of Yoghurt and Sour Milk Products by Category: % Volume Growth 2024-2029
  • Table 68 Forecast Sales of Yoghurt and Sour Milk Products by Category: % Value Growth 2024-2029

OTHER DAIRY IN SINGAPORE

KEY DATA FINDINGS

2024 DEVELOPMENTS

  • Declining demand for coffee whiteners, condensed milk, and evaporated milk through retail as consumers seek healthier alternatives
  • Limited variety of coffee whiteners available also weighs on the development of the category
  • Modern plant-based cream struggles to gain traction amidst other non-dairy options

PROSPECTS AND OPPORTUNITIES

  • Opportunity for moderate volume growth of condensed and evaporated milk through foodservice channels, but constrained by HPB campaign
  • Volume sales of single-serve cream expected to rise in the forecast period
  • Retail volume growth of coffee whiteners expected to continue to struggle over the forecast period

CATEGORY DATA

  • Table 69 Sales of Other Dairy by Category: Volume 2019-2024
  • Table 70 Sales of Other Dairy by Category: Value 2019-2024
  • Table 71 Sales of Other Dairy by Category: % Volume Growth 2019-2024
  • Table 72 Sales of Other Dairy by Category: % Value Growth 2019-2024
  • Table 73 Sales of Cream by Type: % Value 2019-2024
  • Table 74 NBO Company Shares of Other Dairy: % Value 2020-2024
  • Table 75 LBN Brand Shares of Other Dairy: % Value 2021-2024
  • Table 76 Distribution of Other Dairy by Format: % Value 2019-2024
  • Table 77 Forecast Sales of Other Dairy by Category: Volume 2024-2029
  • Table 78 Forecast Sales of Other Dairy by Category: Value 2024-2029
  • Table 79 Forecast Sales of Other Dairy by Category: % Volume Growth 2024-2029
  • Table 80 Forecast Sales of Other Dairy by Category: % Value Growth 2024-2029

PLANT-BASED DAIRY IN SINGAPORE

KEY DATA FINDINGS

2024 DEVELOPMENTS

  • Soy drinks sees increased competition between brands
  • Opportunity for growth of other plant-based milk through convenience retailers
  • Plant-based cheese remains a niche in Singapore, with limited uptake so far

PROSPECTS AND OPPORTUNITIES

  • Foodservice outlets in Singapore expected to increasingly embrace plant-based milk
  • While currently limited, there is potential for plant-based yoghurt to grow consumer awareness through foodservice outlets
  • The number of players in other plant-based milk is expected to continue to expand

CATEGORY DATA

  • Table 81 Sales of Plant-Based Dairy by Category: Value 2019-2024
  • Table 82 Sales of Plant-Based Dairy by Category: % Value Growth 2019-2024
  • Table 83 Sales of Other Plant-Based Milk by Type: % Value 2021-2024
  • Table 84 NBO Company Shares of Plant-Based Dairy: % Value 2020-2024
  • Table 85 LBN Brand Shares of Plant-Based Dairy: % Value 2021-2024
  • Table 86 Distribution of Plant-Based Dairy by Format: % Value 2019-2024
  • Table 87 Forecast Sales of Plant-Based Dairy by Category: Value 2024-2029
  • Table 88 Forecast Sales of Plant-Based Dairy by Category: % Value Growth 2024-2029