Other Dairy in Singapore

August 2024 | 22 pages | ID: ODED915EFAFEN
Euromonitor International Ltd

Abstracts

Overall other dairy in Singapore is set to see a retail volume decline in 2024, although current value growth is expected to remain solid due to price rises. Retail volume sales of coffee whiteners, evaporated milk, and condensed milk are anticipated to see moderate declines in 2024, as consumers increasingly shift towards healthier alternatives or cut these products out of their diet. The consumer perception of these products as high in sugar, artificial, or high in fats is growing as consumer...

Euromonitor International's Other Dairy 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 <|Year|> directly informs our forecasts to 2028, clearly indicating how the market is expected to change.

Product coverage: Chilled and Shelf Stable Desserts, Chilled Snacks, Coffee Whiteners, Condensed and Evaporated Milk, Cream, Fromage Frais and Quark.

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 Dairy 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.

Euromonitor International has over 40 years' experience of publishing market research reports, business reference books and online information systems. With offices in London, Chicago, Singapore, Shanghai, Vilnius, Dubai, Cape Town, Santiago, Sydney, Tokyo and Bangalore and a network of over 800 analysts worldwide, Euromonitor International has a unique capability to develop reliable information resources to help drive informed strategic planning.

Contents

Other Dairy in Singapore
Euromonitor International
August 2024
List Of Contents And Tables
OTHER DAIRY IN SINGAPORE
KEY DATA FINDINGS

2024 DEVELOPMENTS

Declining demand for coffee whiteners, condensed milk, and evaporated milk through retail as consumers seek healthier alternatives
Limited variety of coffee whiteners available also weighs on the development of the category
Modern plant-based cream struggles to gain traction amidst other non-dairy options
PROSPECTS AND OPPORTUNITIES
Opportunity for moderate volume growth of condensed and evaporated milk through foodservice channels, but constrained by HPB campaign
Volume sales of single-serve cream expected to rise in the forecast period
Retail volume growth of coffee whiteners expected to continue to struggle over the forecast period
CATEGORY DATA
Table 1 Sales of Other Dairy by Category: Volume 2019-2024
Table 2 Sales of Other Dairy by Category: Value 2019-2024
Table 3 Sales of Other Dairy by Category: % Volume Growth 2019-2024
Table 4 Sales of Other Dairy by Category: % Value Growth 2019-2024
Table 5 Sales of Cream by Type: % Value 2019-2024
Table 6 NBO Company Shares of Other Dairy: % Value 2020-2024
Table 7 LBN Brand Shares of Other Dairy: % Value 2021-2024
Table 8 Distribution of Other Dairy by Format: % Value 2019-2024
Table 9 Forecast Sales of Other Dairy by Category: Volume 2024-2029
Table 10 Forecast Sales of Other Dairy by Category: Value 2024-2029
Table 11 Forecast Sales of Other Dairy by Category: % Volume Growth 2024-2029
Table 12 Forecast Sales of Other Dairy by Category: % Value Growth 2024-2029
DAIRY PRODUCTS AND ALTERNATIVES IN SINGAPORE
EXECUTIVE SUMMARY
Dairy products and alternatives in 2024: The big picture
Key trends in 2024
Competitive landscape
Channel developments
What next for dairy products and alternatives?
MARKET DATA
Table 13 Sales of Dairy Products and Alternatives by Category: Value 2019-2024
Table 14 Sales of Dairy Products and Alternatives by Category: % Value Growth 2019-2024
Table 15 NBO Company Shares of Dairy Products and Alternatives: % Value 2020-2024
Table 16 LBN Brand Shares of Dairy Products and Alternatives: % Value 2021-2024
Table 17 Penetration of Private Label by Category: % Value 2019-2024
Table 18 Distribution of Dairy Products and Alternatives by Format: % Value 2019-2024
Table 19 Forecast Sales of Dairy Products and Alternatives by Category: Value 2024-2029
Table 20 Forecast Sales of Dairy Products and Alternatives by Category: % Value Growth 2024-2029
DISCLAIMER
SOURCES
Summary 1 Research Sources