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Singapore Ice Cream Market Summary, Competitive Analysis and Forecast to 2027

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    Report

  • 41 Pages
  • July 2023
  • Region: Singapore
  • MarketLine
  • ID: 5864567
Ice Cream 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

  • The ice cream market consists of artisanal ice cream (both dairy and water-based), impulse ice cream (includes single-serve ice cream tubs, packaged cones ice cream sandwiches, and chocolate-coated ice creams) and take-home ice cream (includes multiple-serving ice cream tubs and, ice-cream cakes). The market is valued according to retail selling price (RSP) and includes any applicable taxes. All currency conversions have been made using constant annual average 2022 exchange rates.
  • The Singaporean Ice Cream market had total revenues of $134.2 million in 2022, representing a compound annual growth rate (CAGR) of 2.9% between 2017 and 2022.
  • Market consumption volume increased with a CAGR of 0.9% between 2017 and 2022, to reach a total of 10.2 million kilograms in 2022.
  • The performance of the market is forecast to follow a similar pattern with an anticipated CAGR of 3% for the five-year period 2022 - 2027, which is expected to drive the market to a value of $155.9 million by the end of 2027.

Scope

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

Reasons to Buy

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

Table of Contents

1 Executive Summary
1.1. Market value
1.2. Market value forecast
1.3. Market volume
1.4. Market volume forecast
1.5. Category segmentation
1.6. Geography segmentation
1.7. Market share
1.8. Market rivalry
1.9. Competitive landscape
2 Market Overview
2.1. Market definition
2.2. Market analysis
3 Market Data
3.1. Market value
3.2. Market volume
4 Market Segmentation
4.1. Category segmentation
4.2. Geography segmentation
4.3. Market distribution
5 Market Outlook
5.1. Market value forecast
5.2. Market volume 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. Market share
7.2. Who are the leading players in the Singaporean ice cream market?
7.3. Which companies have been most successful in increasing their market shares in the last 5 years (2017-2022)?
7.4. Which companies’ market shares have suffered in the last 5 years (2017-2022)?
7.5. What are the most popular brands in the Singaporean ice cream market ?
8 Company Profiles
8.1. Unilever Plc.
8.2. General Mills Inc
8.3. F&N Foods Pte Ltd
8.4. Froneri International 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 ice cream market value: $ million, 2017-22
Table 2: Singapore ice cream market volume: million kilograms, 2017-22
Table 3: Singapore ice cream market category segmentation: % share, by value, 2017-2022
Table 4: Singapore ice cream market category segmentation: $ million, 2017-2022
Table 5: Singapore ice cream market geography segmentation: $ million, 2022
Table 6: Singapore ice cream market distribution: % share, by value, 2022
Table 7: Singapore ice cream market value forecast: $ million, 2022-27
Table 8: Singapore ice cream market volume forecast: million kilograms, 2022-27
Table 9: Singapore ice cream market share: % share, by value, 2022
Table 10: Unilever Plc.: key facts
Table 11: Unilever Plc.: Annual Financial Ratios
Table 12: Unilever Plc.: Key Employees
Table 13: Unilever Plc.: Key Employees Continued
Table 14: General Mills Inc: key facts
Table 15: General Mills Inc: Annual Financial Ratios
Table 16: General Mills Inc: Key Employees
Table 17: F&N Foods Pte Ltd: key facts
Table 18: Froneri International Ltd: key facts
Table 19: Froneri International Ltd: Key Employees
Table 20: Singapore size of population (million), 2018-22
Table 21: Singapore gdp (constant 2005 prices, $ billion), 2018-22
Table 22: Singapore gdp (current prices, $ billion), 2018-22
Table 23: Singapore inflation, 2018-22
Table 24: Singapore consumer price index (absolute), 2018-22
Table 25: Singapore exchange rate, 2018-22
List of Figures
Figure 1: Singapore ice cream market value: $ million, 2017-22
Figure 2: Singapore ice cream market volume: million kilograms, 2017-22
Figure 3: Singapore ice cream market category segmentation: $ million, 2017-2022
Figure 4: Singapore ice cream market geography segmentation: % share, by value, 2022
Figure 5: Singapore ice cream market distribution: % share, by value, 2022
Figure 6: Singapore ice cream market value forecast: $ million, 2022-27
Figure 7: Singapore ice cream market volume forecast: million kilograms, 2022-27
Figure 8: Forces driving competition in the ice cream market in Singapore, 2022
Figure 9: Drivers of buyer power in the ice cream market in Singapore, 2022
Figure 10: Drivers of supplier power in the ice cream market in Singapore, 2022
Figure 11: Factors influencing the likelihood of new entrants in the ice cream market in Singapore, 2022
Figure 12: Factors influencing the threat of substitutes in the ice cream market in Singapore, 2022
Figure 13: Drivers of degree of rivalry in the ice cream market in Singapore, 2022
Figure 14: Singapore ice cream market share: % share, by value, 2022

Companies Mentioned (Partial List)

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

  • Unilever Plc.
  • General Mills Inc
  • F&N Foods Pte Ltd
  • Froneri International Ltd