Singapore Coffee Market 2024

Description

The coffee in Singapore market is expected to increase by USD 42.6 million, at a compound annual growth rate (CAGR) of 4.1% from 2024 to 2029, according to the latest edition of the Coffee Market in Singapore Report. Consumers are showing a growing preference for high-quality, premium coffee experiences, a trend fueled by their increasing appreciation for specialty and gourmet coffee varieties. These include single-origin beans, artisanal blends, and specialty brewing methods like pour-over and cold brew. Moreover, health-conscious consumers are seeking coffee products that cater to their wellness goals. This includes a rising demand for organic, fair trade, and sustainably sourced coffees, as well as options with reduced sugar, fat, or calorie content. Furthermore, busy lifestyles are prompting consumers to seek convenient coffee solutions, such as single-serve coffee pods, pre-ground coffee, and ready-to-drink coffee beverages. In essence, consumers prioritize products that offer quick and convenient preparation processes while maintaining superior taste and quality.

This report presents a detailed overview of the Singapore coffee industry, including key data on historical market size, growth rates, and future trends. It offers an in-depth analysis of different market segments, paying close attention to factors like product type, package type, and distribution channel. This detailed analysis supports the identification of growth opportunities within the coffee industry.

Market Segmentation

The coffee market in Singapore is structured as follows:
Product type: ground coffee, instant coffee (standard instant coffee, coffee mix), whole bean
Package type: flexible aluminum/plastic, glass, stand-up pouches, others
Distribution channel: bars & HoReCa, convenience stores, e-commerce, forecourt stores, grocery stores, supermarkets and hypermarkets, vending, others

The Singapore coffee market is segmented on the basis of product type, package type, and distribution channel. On the basis of product type, the coffee market in Singapore has been segmented into ground coffee, instant coffee (standard instant coffee, coffee mix), and whole bean. By package type, the coffee market in Singapore has been segmented into flexible aluminum/plastic, glass, stand-up pouches, and others. Based on distribution channel, the coffee market in Singapore is categorized into bars & HoReCa, convenience stores, e-commerce, forecourt stores, grocery stores, supermarkets and hypermarkets, vending, and others.

Competitive Landscape

The key players in the coffee market include Nestle S.A., JDE Peet’s N.V., Viz Branz Pte. Ltd., Massimo Zanetti Beverage Group S.p.A., Suzuki Coffee Gourmet Co. (S) Pte. Ltd., Luigi Lavazza S.p.A.

This report provides a thorough assessment of the Singapore coffee market, examining the performance of leading players from 2019 to 2023. The analysis offers critical information on market share dynamics, pinpointing dominant incumbents as well as rising challengers. Leveraging this data enables companies to refine their strategies, seize growth opportunities, and sustain competitive advantage in an increasingly dynamic market environment.

Why Buy This Report?

Obtain precise statistical data and forecasts for the Singapore coffee market.
Develop region-specific strategies and set strategic priorities based on localized data analysis.
Gain deep insights into the dynamics of the Singapore coffee market.
Identify high-potential investment opportunities by targeting growth sectors and emerging trends.
Anticipate the future trajectory of the Singapore coffee market with informed projections.
Assess the competitive landscape to determine the ideal timing for capitalizing on market opportunities.

Table of Contents

TABLE OF CONTENTS
Key findings
Report scope
Research methodology
Market overviewSingapore coffee market – product type analysis
Singapore coffee market – package type analysis
Singapore coffee market – distribution channel analysis
Key players and market share
– Nestle S.A.
– JDE Peet’s N.V.
– Viz Branz Pte. Ltd.
– Massimo Zanetti Beverage Group S.p.A.
– Suzuki Coffee Gourmet Co. (S) Pte. Ltd.
…
Macroeconomic data and forecast
Disclaimer

FIGURES AND TABLES
Table Singapore coffee market 2019-2029
Chart Singapore coffee market, net growth, 2019-2029
Chart Singapore coffee market, growth rates, 2019-2029
Table Singapore coffee market by product type, 2019-2029
Chart Singapore coffee market by product type, CAGR historic and forecast, 2019-2029
Chart Singapore coffee market by product type, 2019-2029
Table Singapore coffee market by package type, 2019-2029
Chart Singapore coffee market by package type, CAGR historic and forecast, 2019-2029
Chart Singapore coffee market by package type, 2019-2029
Table Singapore coffee market by distribution channel, 2019-2029
Chart Singapore coffee market by distribution channel, CAGR historic and forecast, 2019-2029
Chart Singapore coffee market by distribution channel, 2019-2029
Table Singapore coffee market share (%), by companies, 2019-2023
Chart Singapore coffee market, by companies, 2023
Table Singapore coffee market share (%), by brands, 2019-2023
Chart Singapore coffee market, by brands, 2023
Table Singapore – population (millions) and forecast
Table Singapore – consumer price index (CPI) and forecast
Table Singapore – gross domestic product and forecast
Table Singapore coffee market: spend as a proportion of GDP (%)
Table Singapore coffee market: consumption per capita (population)