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HW Snacks in Singapore

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    Report

  • 15 Pages
  • August 2024
  • Region: Singapore
  • Euromonitor International
  • ID: 5946033
Sales of health and wellness snacks continued to be undermined by the economic challenges facing Singapore in 2023 with high inflation and a rise in the cost of living making many consumers more price sensitive. Additionally, there was an increased emphasis on the consumption of standard snacks in moderation, hence pushing the purchase of multipacks.

The HW Snacks in Singapore report tracks the developments of health-associated product types and the healthy-option positioning of competing brands across different food sectors. It provides the latest retail sales data 2019-2023, allowing you to compare health and wellness categories with each other or in the context of the total market for a sector. It identifies the leading companies, the leading brands and offers strategic analysis of key factors influencing the market- be they new product developments, legislative context or lifestyle influences. Forecasts to 2028 illustrate how the market is set to change.

Product coverage: HW Confectionery, HW Ice Cream, HW Savoury Snacks, HW Snacks by Type, HW Sweet Biscuits, Snack Bars and Fruit Snacks.

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

Why buy this report?

  • Get a detailed picture of the HW Snacks 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
2023 DEVELOPMENTS
  • Economic pressures present challenges for producers of health and wellness snacks
  • Natural snacks benefiting from a healthy image
  • Hypoallergenic appeals to more consumers with dietary concerns
PROSPECTS AND OPPORTUNITIES
  • Strong demand for healthier snacks expected over the forecast period
  • Growth predicted for vegan and plant-based snacks, driven by changing lifestyles and concerns over environment and animal welfare
  • Specific health claims likely to become more prominent while medicated confectionery is seen to have growth potential
MARKET DATA
  • Table 1 Sales of Snacks by Health and Wellness Type: Value 2019-2023
  • Table 2 Sales of Snacks by Health and Wellness Type: % Value Growth 2019-2023
  • Table 3 Company Shares of Gluten Free Snacks (Biggest HW Type in Global Snacks): % Value 2019-2023
  • Table 4 Company Shares of Vegetarian Snacks (2nd Biggest HW Type in Global Snacks): % Value 2019-2023
  • Table 5 Company Shares of Organic Snacks (3rd Biggest HW Type in Global Snacks): % Value 2019-2023
  • Table 6 Company Shares of Vegan Snacks (4th Biggest HW Type in Global Snacks): % Value 2019-2023
  • Table 7 Company Shares of No Allergens Snacks (5th Biggest HW Type in Global Snacks): % Value 2019-2023
  • Table 8 Forecast Sales of Snacks by Health and Wellness Type: Value 2023-2028
  • Table 9 Forecast Sales of Snacks by Health and Wellness Type: % Value Growth 2023-2028
HEALTH AND WELLNESS IN SINGAPORE
EXECUTIVE SUMMARY
  • Health and wellness in focus
  • Consumer weight trends
  • Consumer diet trends
  • Health-related deaths
  • Blood pressure and cholesterol levels
  • Diabetes prevalence
  • DISCLAIMER