Singapore Food & Drink Report

Providing expert analysis, independent forecasts and competitive intelligence on the food & drink industry.

Report includes: BMI Industry View, Industry SWOT Analysis, Industry Forecasts, BMI’s Food and Drink Risk Reward Index, Mass Grocery Retail Forecasts, Company Profiles and Global, Regional and Country Industry Overviews.

Why you should buy this report

  • Benefit from the latest market opportunities
  • Understand the threats to your operations and investments and protect your company against future risks
  • Gain insight on emerging trends that could support, strengthen or disrupt your activities in the market
  • Get a full view of the competitive landscape to assess your market position
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Singapore Food & Drink Report
Product Price
$1,295.00

BMI View: Food consumption will remain modest over our forecast period , registering a compound annual growth rate of 2.1% over 2014-2019.Tec hnological innovations and cost-saving measures by mass grocery ret ailers will be realised in 2017, and a steady rise in food consumption will be observed. We forecast real GDP growth of 2.5% in 2016 , with economic activity remaining tepid over our forecast period. A tight labour market will continue to put upward pressure on labour costs, reducing food manufacturing competitiveness. Rising incomes will bode well for the food and drink industry; however, low consumer confidence will partially offs et growth in the short term.

Headline Industry Data

  • Total food consumption growth in 2016: +1.8%; compound annual growth rate (CAGR) to 2019: +2.1%

  • Per capita food consumption growth in 2016: +0.1%; CAGR to 2019: +0.4%

  • Alcoholic drinks sales growth in 2016: +4.5%; CAGR to 2019: 5.1%

  • Soft drink sales growth in 2016: +2.7%; CAGR to 2019: +2.1%

  • Total mass grocery retail sales growth in 2016: +2.7%; CAGR to 2019: +3.0%

BMI Industry View
7
SWOT
9
Food
9
Drink
11
Mass Grocery Retail
13
Industry Forecast
15
Consumer Outlook
15
Food
18
Food Consumption
18
Table: Food Consumption Indicators - Historical Data & Forecasts (Singapore 2012-2019)
19
Confectionery
19
Table: Confectionery Value/Volume Sales, Production & Trade - Historical Data & Forecasts (Singapore 2012-2019)
21
Fish
22
Table: Fish Volume Sales, Production & Trade - Historical Data & Forecasts (Singapore 2012-2019)
22
Oils And Fats
23
Table: Oils And Fats Volume Sales, Production & Trade - Historical Data & Forecasts (Singapore 2012-2019)
24
Drink
25
Hot Drinks
25
Table: Hot Drink Value/Volume Sales, Production & Trade - Historical Data & Forecasts (Singapore 2012-2019)
26
Alcoholic Drinks
27
Table: Alcoholic Drinks Value/Volume Sales, Production & Trade - Historical Data & Forecasts (Singapore 2012-2019)
29
Soft Drinks
30
Table: Soft Drinks Sales, Production & Trade - Historical Data & Forecasts (Singapore 2012-2019)
32
Mass Grocery Retail
33
Table: Mass Grocery Retail Sales - Historical Data & Forecasts, (Singapore 2012-2019)
34
Trade
35
Table: Trade Indicators - Historical Data & Forecasts, (Singapore 2012-2019)
36
Macroeconomic Forecast
37
Economic Analysis
37
Industry Risk Reward Index
42
Asia Pacific - Risk/Reward Index
42
Table: Asia Pacific Food & Drink Risk/Reward Index Q415
43
Singapore Risk/Reward Index
47
Market Overview
48
Food
48
Agriculture
48
Food Processing
48
Drink
49
Soft Drinks
49
Alcoholic Drinks
50
Hot Drinks
50
Mass Grocery Retail
51
Table: Structure Of Mass Grocery Retail Market By Estimated Number Of Outlets, 2005-2011
52
Table: Structure Of Mass Grocery Retail Market By Value (USDbn), 2005-2011
53
Table: Structure Of Mass Grocery Retail Market By Value (SGDbn), 2005-2011
53
Table: Grocery Retail Sales By Format, 2012 And 2021 (%)
53
Industry Trends And Developments
54
Food
54
Key Industry Trends And Developments
54
Drink
61
Key Industry Trends And Developments
61
Mass Grocery Retail
64
Key Industry Trends And Developments
64
Competitive Landscape
69
Table: Key Players In Singapore's Food Sector
69
Table: Key Players In Singapore's Drinks Sector
69
Table: Key Players In Singapore's Mass Grocery Retail Sector
70
Company Profile
71
Auric Pacific
71
Petra Foods
73
Fraser & Neave
76
Asia Pacific Breweries
78
Sheng Siong
81
NTUC FairPrice
84
Global Industry Overview
87
Table: Australia, Uk And Usa Estimated Herfindahl-Hirschman Index Scores - Food Retail Industry
90
Table: Boston Beer Company, Ab Inbev, Heineken And Sabmiller - Selected Trailing Return And Efficiency Ratios
98
Table: Food and Drink Core Views - Q215 Roundup
103
Demographic Forecast
105
Demographic Outlook
105
Table: Population Headline Indicators (Singapore 1990-2025)
106
Table: Key Population Ratios (Singapore 1990-2025)
106
Table: Urban/Rural Population & Life Expectancy (Singapore 1990-2025)
107
Table: Population By Age Group (Singapore 1990-2025)
107
Table: Population By Age Group % (Singapore 1990-2025)
108
Glossary
110
Food & Drink
110
Mass Grocery Retail
110
Methodology
112
Industry Forecast Methodology
112
Sector-Specific Methodology
113
Sources
113
Risk/Reward Index Methodology
114
Table: Food & Drink Risk/Reward Index Indicators
115
Table: Weighting
116

The Singapore Food & Drink Report features BMI Research's market assessment and independent forecasts for food and drink expenditure, consumption, sales, and imports/exports and forecasts for the mass grocery retail sector. The report also includes analyses of major regulatory developments, the background macroeconomic outlook and competitive landscape comparing national and multinational companies by leading products and services, sales, investments, partners and expansion strategies.

BMI's Singapore Food & Drink Report provides industry professionals and strategists, sector analysts, business investors, trade associations and regulatory bodies with independent forecasts and competitive intelligence on the food and drink industry and the mass grocery retail market in Singapore.

Key Benefits

  • Benchmark BMI's independent food and drink industry forecasts for Singapore to test other views - a key input for successful budgeting and strategic business planning in the Singaporean food and drink market.
  • Target business opportunities and risks in Singapore through our reviews of latest industry trends, regulatory changes and major deals, projects and investments.
  • Exploit latest competitive intelligence on your competitors, partners and clients via our Company Profiles (inc. SWOTs, KPIs and latest activity) and Competitive Landscape Tables.

Coverage

BMI Industry View

Summary of BMI’s key industry forecasts and views, covering food and drink manufacturing and consumption and the mass grocery retail market.

Industry SWOT Analysis

Analysis of the major strengths, weaknesses, opportunities and threats within the food, drink and mass grocery retail sectors and within the broader political, economic and business environment.

BMI’s Food and Drink Risk Reward Index

BMI’s Risk Reward Index provides investors (food and drink manufacturers and mass grocery retailers) looking for opportunities in the region with a clear country-comparative assessment of a market’s risks and potential rewards. Each of the country markets are scored using a sophisticated model that includes more than 40 industry, economic and demographic points. These provide indices of highest to lowest appeal to investors, with each position explained.

Food Forecasts

BMI’s food chapter is divided into sections such as meat, fish, confectionary, dairy and canned foods, and provides insight into each market’s food industry, centred on a forecast to end-2019 for the sector. The chapter includes the following elements:

  • Industry Forecast Scenario: Historical data series and a forecast to end-2019 for growth of key indicators within a market’s food industry. Indicators include food consumption, food consumption as % of GDP, canned food sales, confectionery sales and food and drink imports and exports, among others.
  • Industry Developments: A summary of corporate developments, including news on M&As, FDI, expansions, closures and financial results, in addition to analysis and explanation of the latest industry events and how these could influence further investment.
  • Market Overview: An overview of the structure of the market, introducing the key players and discussing underlying trends.

Drink Forecasts

Segmented the same way as BMI’s food chapter, the drink section provides insight into each market’s drink industry, centred on a forecast to end-2019 for the sector. Forecast indicators include alcoholic and soft drink sales by value, volume and sub-sector and tea and coffee sales, among others.

Mass Grocery Retail Forecasts

Segmented the same way as BMI’s food and drink chapters, the mass grocery retail section provides insight into each market’s grocery retail industry, centred on a forecast to end-2019 for the sector. Forecast indicators include mass grocery retail sales by format (including supermarkets, hypermarkets, convenience and discount stores) and a breakdown of the organised retail sector versus the traditional sector, among others.

Competitive Landscape

Illustration of the mass grocery retail and food and drink industries via rankings tables comparing revenues, number of outlets and number of employees. This chapter also includes data-rich, in-depth regional analysis of the market position, business strategies and investment potential of the region’s leading mass grocery retail and food and drink operators.

Company Profiles*

Examines the competitive positioning and short- to medium-term business strategies of key industry players. Strategy is examined within the context of BMI’s industry forecasts, our macroeconomic views and our understanding of the wider competitive landscape to generate company SWOT analyses. The latest financial and operating statistics and key company developments are also incorporated within the company profiles, enabling a full evaluation of recent company performance and future growth prospects.

Sources

The Food & Drink reports draw on an extensive network primary sources, such as multilateral organisations, government departments, industry associations, chambers and company reports.

*Company profiles are not available for every country. Those reports instead contain information on the current activities of prominent companies operating in the market.