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Singapore Organic Food Market Summary, Competitive Analysis and Forecast to 2027

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    Report

  • 38 Pages
  • October 2023
  • Region: Singapore
  • MarketLine
  • ID: 5597856
Organic Food in Singapore industry profile provides top-line qualitative and quantitative summary information including: market size (value 2017-22, and forecast to 2027). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.

Key Highlights

  • Organic food includes produce that has been independently certified to have been grown free of chemicals. For the purposes of this report, eggs have been classified as part of the meat, fish and poultry segment. Market values are taken at retail selling price (RSP).
  • The Singaporean organic food market had total revenues of $21.8 million in 2022, representing a compound annual growth rate (CAGR) of 4.6% between 2017 and 2022.
  • The meat, fish & poultry segment accounted for the market's largest proportion in 2022, with total revenues of $14.4 million, equivalent to 66.2% of the market's overall value.
  • The millennial generation is one that is frequently credited with wanting to "change the world", concerning purchasers of organic food and driving the Singapore organic food market.

Scope

  • Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the organic food market in Singapore
  • Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the organic food market in Singapore
  • Leading company profiles reveal details of key organic food market players’ global operations and financial performance
  • Add weight to presentations and pitches by understanding the future growth prospects of the Singapore organic food market with five year forecasts

Reasons to Buy

  • What was the size of the Singapore organic food market by value in 2022?
  • What will be the size of the Singapore organic food market in 2027?
  • What factors are affecting the strength of competition in the Singapore organic food market?
  • How has the market performed over the last five years?
  • What are the main segments that make up Singapore's organic food market?

Table of Contents

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
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. Which players have been most successful in the recent past (1-3 years)?
7.3. What new products/services/innovations have been launched in the market over the last year?
7.4. How are companies responding to trends in the market?
8 Company Profiles
8.1. Chan Ah Beng
8.2. Zenxin Agri-Organic Food Sdn Bhd
8.3. NTUC Fairprice Co-operative Ltd
8.4. SuperNature Pte Ltd
9 Macroeconomic Indicators
9.1. Country data
10 Appendix
10.1. Methodology
10.2. Industry associations
10.3. Related research
10.4. About the Publisher
List of Tables
Table 1: Singapore organic food market value: $ million, 2017-22
Table 2: Singapore organic food market category segmentation: % share, by value, 2017-2022
Table 3: Singapore organic food market category segmentation: $ million, 2017-2022
Table 4: Singapore organic food market geography segmentation: $ million, 2022
Table 5: Singapore organic food market value forecast: $ million, 2022-27
Table 6: Chan Ah Beng: key facts
Table 7: Zenxin Agri-Organic Food Sdn Bhd: key facts
Table 8: Zenxin Agri-Organic Food Sdn Bhd: Key Employees
Table 9: NTUC Fairprice Co-operative Ltd: key facts
Table 10: NTUC Fairprice Co-operative Ltd: Key Employees
Table 11: SuperNature Pte Ltd: key facts
Table 12: SuperNature Pte Ltd: Key Employees
Table 13: Singapore size of population (million), 2018-22
Table 14: Singapore gdp (constant 2005 prices, $ billion), 2018-22
Table 15: Singapore gdp (current prices, $ billion), 2018-22
Table 16: Singapore inflation, 2018-22
Table 17: Singapore consumer price index (absolute), 2018-22
Table 18: Singapore exchange rate, 2018-22
List of Figures
Figure 1: Singapore organic food market value: $ million, 2017-22
Figure 2: Singapore organic food market category segmentation: $ million, 2017-2022
Figure 3: Singapore organic food market geography segmentation: % share, by value, 2022
Figure 4: Singapore organic food market value forecast: $ million, 2022-27
Figure 5: Forces driving competition in the organic food market in Singapore, 2022
Figure 6: Drivers of buyer power in the organic food market in Singapore, 2022
Figure 7: Drivers of supplier power in the organic food market in Singapore, 2022
Figure 8: Factors influencing the likelihood of new entrants in the organic food market in Singapore, 2022
Figure 9: Factors influencing the threat of substitutes in the organic food market in Singapore, 2022
Figure 10: Drivers of degree of rivalry in the organic food market in Singapore, 2022

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • Chan Ah Beng
  • Zenxin Agri-Organic Food Sdn Bhd
  • NTUC Fairprice Co-operative Ltd
  • SuperNature Pte Ltd