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Other Hot Drinks in Singapore

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    Report

  • 23 Pages
  • November 2024
  • Region: Singapore
  • Euromonitor International
  • ID: 586299
The market for other hot drinks in Singapore is expected to see a decline in retail volume in 2024, largely driven by the decrease in malt-based beverages, which has long been dominated by Nestlé Singapore Pte Ltd’s Milo brand. Despite ongoing efforts by Nestlé to reformulate its products with lower sugar content or to fortify them with additional nutrients, the perception of these drinks as overly sugary indulgences remains a significant barrier.

The Other Hot Drinks in Singapore report offers a comprehensive guide to the size and shape of the market at a national level. It provides the latest retail sales data 2019-2023, allowing you to identify the sectors driving growth. It identifies the leading companies, the leading brands and offers strategic analysis of key factors influencing the market - be they legislative, distribution or pricing issues. Forecasts to 2028 illustrate how the market is set to change.

Product coverage: Flavoured Powder Drinks, Other Plant-based Hot Drinks.

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

Why buy this report?

  • Get a detailed picture of the Other Hot Drinks 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

KEY DATA FINDINGS
2024 DEVELOPMENTS
  • Health concerns and rise of alternative beverages lead to decline in retail demand, but foodservice sales continue to thrive
  • Rising cocoa and sugar prices impact production costs
  • Leading brands target impulse consumption through RTD offerings
PROSPECTS AND OPPORTUNITIES
  • Flat performance for other hot drinks as market shifts focus to adult consumers
  • Health and wellness trends and limited innovation will impact chocolate-based drinks
  • Consolidation will continue to define the market
CATEGORY DATA
  • Table 1 Retail Sales of Other Hot Drinks by Category: Volume 2019-2024
  • Table 2 Retail Sales of Other Hot Drinks by Category: Value 2019-2024
  • Table 3 Retail Sales of Other Hot Drinks by Category: % Volume Growth 2019-2024
  • Table 4 Retail Sales of Other Hot Drinks by Category: % Value Growth 2019-2024
  • Table 5 NBO Company Shares of Other Hot Drinks: % Retail Value 2020-2024
  • Table 6 LBN Brand Shares of Other Hot Drinks: % Retail Value 2021-2024
  • Table 7 Forecast Retail Sales of Other Hot Drinks by Category: Volume 2024-2029
  • Table 8 Forecast Retail Sales of Other Hot Drinks by Category: Value 2024-2029
  • Table 9 Forecast Retail Sales of Other Hot Drinks by Category: % Volume Growth 2024-2029
  • Table 10 Forecast Retail Sales of Other Hot Drinks by Category: % Value Growth 2024-2029
HOT DRINKS IN SINGAPORE
EXECUTIVE SUMMARY
  • Hot drinks in 2024: The big picture
  • 2024 key trends
  • Competitive landscape
  • Retailing developments
  • Foodservice vs retail split
  • What next for hot drinks?
MARKET DATA
  • Table 11 Sales of Hot Drinks by Retail vs Foodservice: % Volume Breakdown 2019-2024
  • Table 12 Sales of Hot Drinks by Retail vs Foodservice: % Volume Growth 2019-2024
  • Table 13 Retail Sales of Hot Drinks by Category: Volume 2019-2024
  • Table 14 Retail Sales of Hot Drinks by Category: Value 2019-2024
  • Table 15 Retail Sales of Hot Drinks by Category: % Volume Growth 2019-2024
  • Table 16 Retail Sales of Hot Drinks by Category: % Value Growth 2019-2024
  • Table 17 Foodservice Sales of Hot Drinks by Category: Volume 2019-2024
  • Table 18 Foodservice Sales of Hot Drinks by Category: % Volume Growth 2019-2024
  • Table 19 Total Sales of Hot Drinks by Category: Total Volume 2019-2024
  • Table 20 Total Sales of Hot Drinks by Category: % Total Volume Growth 2019-2024
  • Table 21 NBO Company Shares of Hot Drinks: % Retail Value 2020-2024
  • Table 22 LBN Brand Shares of Hot Drinks: % Retail Value 2021-2024
  • Table 23 Penetration of Private Label in Hot Drinks by Category: % Retail Value 2019-2024
  • Table 24 Retail Distribution of Hot Drinks by Format: % Volume 2019-2024
  • Table 25 Retail Distribution of Hot Drinks by Format and Category: % Volume 2024
  • Table 26 Forecast Sales of Hot Drinks by Retail vs Foodservice: % Volume Breakdown 2024-2029
  • Table 27 Forecast Sales of Hot Drinks by Retail vs Foodservice: % Volume Growth 2024-2029
  • Table 28 Forecast Retail Sales of Hot Drinks by Category: Volume 2024-2029
  • Table 29 Forecast Retail Sales of Hot Drinks by Category: Value 2024-2029
  • Table 30 Forecast Retail Sales of Hot Drinks by Category: % Volume Growth 2024-2029
  • Table 31 Forecast Retail Sales of Hot Drinks by Category: % Value Growth 2024-2029
  • Table 32 Forecast Foodservice Sales of Hot Drinks by Category: Volume 2024-2029
  • Table 33 Forecast Foodservice Sales of Hot Drinks by Category: % Volume Growth 2024-2029
  • Table 34 Forecast Total Sales of Hot Drinks by Category: Total Volume 2024-2029
  • Table 35 Forecast Total Sales of Hot Drinks by Category: % Total Volume Growth 2024-2029
DISCLAIMER
SOURCES
  • Summary 1 Research Sources