Food & Grocery Retail in Singapore industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value and volume 2018-23, and forecast to 2028). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Key Highlights
- The food & grocery retail market is segmented into household products, tobacco, food, and drinks. Market value refers to retail sales.
- The Singaporean food & grocery retail market recorded revenues of $14.1 billion in 2023, representing a compound annual growth rate (CAGR) of 4.7% between 2018 and 2023.
- The food segment accounted for the market's largest proportion in 2023, with total revenues of $10.1 billion, equivalent to 71.7% of the market's overall value.
- In 2023, the Singaporean food & grocery retail market recorded an annual growth of 10.2% due to the expansion in grocery retail infrastructure. For instance, Sheng Siong launched two new stores in Singapore and increased the retail footprint of an existing location during H1 FY2024.
Scope
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the food & grocery retail market in Singapore
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the food & grocery retail market in Singapore
- Leading company profiles reveal details of key food & grocery retail market players’ global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the Singapore food & grocery retail market with five year forecasts by both value and volume
Reasons to Buy
- What was the size of the Singapore food & grocery retail market by value in 2023?
- What will be the size of the Singapore food & grocery retail market in 2028?
- What factors are affecting the strength of competition in the Singapore food & grocery retail market?
- How has the market performed over the last five years?
- Who are the top competitors in Singapore's food & grocery retail market?
Table of Contents
1 Executive Summary
2 Market Overview
3 Market Data
4 Market Segmentation
5 Market Outlook
6 Five Forces Analysis
7 Competitive Landscape
8 Company Profiles
9 Macroeconomic Indicators
10 Appendix
List of Tables
List of Figures
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- NTUC Fairprice Co-operative Ltd
- DFI Retail Group Holdings Ltd
- Sheng Siong Group Ltd
