Meals and Soups in Singapore

Convenience and affordability remain the key trends shaping the demand for meals and soups in Singapore. As local consumers lead increasingly busy lives, they actively seek quick yet nutritious options, driving an expansion in the variety of ready meals available in the market. However, the recent increase in the Goods and Services Tax (GST) from 8% to 9%, effective 1 January 2024, following a previous rise from 7% to 8% in 2023, has significantly influenced consumer behaviour.

The publisher's Meals and Soups 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 2024 directly informs our forecasts to 2028, clearly indicating how the market is expected to change.

Product coverage: Food Kits, Pizza, Prepared Salads, Ready Meals, Soup.

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

Why buy this report?

• Get a detailed picture of the Meals and Soups 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.