Singapore Ice Cream Market 2024

Description

The Singapore ice cream market is poised for gradual growth, with an expected incremental increase of USD 83.2 million, reflecting a compound annual growth rate (CAGR) of nearly 3.7% from 2024 to 2029. Singapore’s ice cream market is characterized by a strong preference for premium and innovative products, with consumers willing to pay a premium for quality and unique flavors. The influence of a diverse, multicultural society drives demand for a wide variety of ice cream styles, from artisanal to gelato. Additionally, health-conscious trends are leading to increased interest in low-sugar, dairy-free, and organic options.

The report offers a comprehensive evaluation of the Singapore ice cream market, presenting crucial data on historical market size, growth patterns, and future projections. It provides a thorough breakdown of market segments and sub-segments, with a focus on key variables such as type, product type, ingredient and distribution channel. This comprehensive evaluation aids in identifying the growth potential within the ice cream industry.

Market Segmentation

The Singapore ice cream market is classified into the following segments:
Type: dairy ice cream, others
Product type: frozen yoghurt, impulse ice creams, plant-based ice creams, take-home ice creams
Ingredient: fats and oils, milk, sweeteners, others
Distribution channel: convenience stores, forecourt, supermarkets and hypermarkets, grocery stores, foodservice channels, e-commerce, others

The Singapore ice cream market is categorized by type, product type, ingredient and distribution channel. In terms of type, the market is segmented into dairy ice cream, and others. Product type segmentation includes frozen yoghurt, impulse ice creams, plant-based ice creams, and take-home ice creams. Ingredient segments comprise fats and oils, milk, sweeteners, and others. Distribution channel segmentation includes convenience stores, forecourt, supermarkets and hypermarkets, grocery stores, foodservice channels, e-commerce, and others.

Competitive Landscape

The ice cream market is highly competitive, with key companies profiled in this report, including Unilever PLC, The Ice Cream & Cookie Co., Thai Beverage Public Company Limited, Regal Cream Products Pty. Ltd., Nestle S.A., Kind Kones global Pte. Ltd., General Mills Inc., Froneri International Limited and Binggrae Co. Ltd.

This analysis offers a comprehensive overview of the main players in the ice cream market, evaluating their performance trends from 2019 to 2023. Key findings illustrate shifts in market share, identifying both dominant firms and rising competitors.

Why Buy This Report?

Obtain precise statistical data and forecasts for the Singapore ice cream market.
Gain in-depth analysis and forecasts for the key segments of the Singapore ice cream market: type, product type, ingredient and distribution channel.
Develop region-specific strategies and set strategic priorities based on localized data analysis.
Gain deep insights into the dynamics of the Singapore ice cream market.
Identify high-potential investment opportunities by targeting growth sectors and emerging trends.
Anticipate the future trajectory of the Singapore ice cream market with informed projections.
Assess the competitive landscape to determine the ideal timing for capitalizing on market opportunities.
A single unlimited user license within the same organization, with no additional charges for extra users.

Table of Contents

TABLE OF CONTENTS
Key Findings
Report Scope
Research Methodology
Market Overview
Singapore Ice Cream Market – Type Analysis
Singapore Ice Cream Market – Product Type Analysis
Singapore Ice Cream Market – Ingredient Analysis
Singapore Ice Cream Market – Distribution Channel Analysis
Key Players and Market Share
– Unilever PLC
– The Ice Cream & Cookie Co.
– Thai Beverage Public Company Limited
– Regal Cream Products Pty. Ltd.
– Nestle S.A.
– Kind Kones Global Pte. Ltd.
– General Mills, Inc.
– Froneri International Limited
– Binggrae Co., Ltd.
Macroeconomic Data and Forecast
Disclaimer

FIGURES AND TABLES
Table Singapore Ice Cream Market 2019-2029
Chart Singapore Ice Cream Market, Net Growth, 2019-2029
Chart Singapore Ice Cream Market, Growth Rates, 2019-2029
Table Singapore Ice Cream Market by Type, 2019-2029
Chart Singapore Ice Cream Market by Type, CAGR Historic and Forecast, 2019-2029
Chart Singapore Ice Cream Market by Type, 2019-2029
Table Singapore Ice Cream Market by Product Type, 2019-2029
Chart Singapore Ice Cream Market by Product Type, CAGR Historic and Forecast, 2019-2029
Chart Singapore Ice Cream Market by Product Type, 2019-2029
Table Singapore Ice Cream Market by Ingredient, 2019-2029
Chart Singapore Ice Cream Market by Ingredient, CAGR Historic and Forecast, 2019-2029
Chart Singapore Ice Cream Market by Ingredient, 2019-2029
Table Singapore Ice Cream Market by Distribution Channel, 2019-2029
Chart Singapore Ice Cream Market by Distribution Channel, CAGR Historic and Forecast, 2019-2029
Chart Singapore Ice Cream Market by Distribution Channel, 2019-2029
Table Singapore Ice Cream Market Share (%), by Companies, 2019-2023
Chart Singapore Ice Cream Market, by Companies, 2023
Table Singapore Ice Cream Market Share (%), by Brands, 2019-2023
Chart Singapore Ice Cream 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 Ice Cream Market: Spend as a Proportion of GDP (%)
Table Singapore Ice Cream Market: Consumption per Capita (Population)

Companies Mentioned

Unilever PLC
The Ice Cream & Cookie Co.
Thai Beverage Public Company Limited
Regal Cream Products Pty. Ltd.
Nestle S.A.
Kind Kones Global Pte. Ltd.
General Mills, Inc.
Froneri International Limited
Binggrae Co., Ltd.