PROSPECTS AND OPPORTUNITIES
Government initiatives set to drive product innovation, but delivering on taste will remain key
Singapore’s government has been prioritising healthy eating by implementing various campaigns and measures aimed at raising awareness among local consumers about the importance of making healthier food choices. For example, the Nutri-Grade scheme, which requires all beverages exceeding 5% sugar and 1.
Vegan, vegetarian and plant-based cooking ingredients and meals showing huge potential as environmental concerns grow
Vegan, vegetarian and plant-based cooking ingredients and meals are likely to increase in popularity as a higher number of local consumers become interested in both the environment and animal welfare. These products are also often perceived to be healthier than meat and dairy based products.
Brain health and memory and high protein products key trends to look out for as consumers look to improve long-term health outcomes
Increasing awareness of the links between diet, a healthy metabolism and immune health is expected to lead more consumers to search for cooking ingredients and meals that promote specific health benefits. For example, brain health and memory, which is a health benefit type of health and wellness attribute, is anticipated to record growth in cooking ingredients and meals over the forecast period, albeit from a low base.
Delivery:
Files are delivered directly into your account soon after payment is received and any tax is certification is verified (where applicable).
This report comes in PDF.
Overview:
Understand the latest market trends and future growth opportunities for the HW Cooking Ingredients and Meals industry in Singapore with research from Euromonitor International's team of in-country analysts – experts by industry and geographic specialisation.
Key trends are clearly and succinctly summarised alongside the most current research data available. Understand and assess competitive threats and plan corporate strategy with our qualitative analysis, insight and confident growth projections.
If you're in the HW Cooking Ingredients and Meals industry in Singapore, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty.
The HW Cooking Ingredients and Meals in Singapore report includes:
- Analysis of key supply-side and demand trends
- Detailed segmentation of international and local products
- Historic volume and value sizes, company and brand market shares
- Five year forecasts of market trends and market growth
- Robust and transparent research methodology, conducted in-country
This report answers:
- What is the market size of HW Cooking Ingredients and Meals in Singapore?
- What are the key health and wellness concerns driving sales in HW Cooking Ingredients and Meals?
- Is HW Cooking Ingredients and Meals a dynamic niche or mainstream concern in Singapore?
- Which are the leading brands in HW Cooking Ingredients and Meals in Singapore?
- How are products distributed in HW Cooking Ingredients and Meals in Singapore?
- How has COVID-19 and accordant recession impacted sales? Which categories have seen rising demand? Which are most vulnerable to economic disruption and diminished consumer confidence?
- Where is future growth expected to be most dynamic?
HW Cooking Ingredients and Meals in Singapore - Category analysis
KEY DATA FINDINGS
Locals embrace healthier diets but taste remains important in capturing demand
Natural and organic claims proving popular among health conscious consumers
Manufacturers under pressure to reduce the salt content of their products
Government initiatives set to drive product innovation, but delivering on taste will remain key
Vegan, vegetarian and plant-based cooking ingredients and meals showing huge potential as environmental concerns grow
Brain health and memory and high protein products key trends to look out for as consumers look to improve long-term health outcomes
Health and Wellness in Singapore - Industry Overview
Health and wellness in focus
Consumer weight trends
Consumer diet trends
Health-related deaths
Blood pressure and cholesterol levels
Diabetes prevalence
DISCLAIMER
HW Cooking Ingredients and Meals
Health and Wellness encompasses a number of key claims made on a food or drink products that suggest a health and/or wellness positioning. It comprises positionings relating to better for you, dietary and free from, fortified/functional, health benefit, natural and organic. This is the aggregation of edible oils, meals and soups, sauces, dips and condiments and sweet spreads For full product category definitions please refer to the definitions section (can be found under the "Help" section on Passport) for the respective system: Cooking Ingredients and Meals, Dairy Products and Alternatives, Snacks, Staple Foods, Hot Drinks, Soft Drinks. Please note that data is not available at this level or other aggregated claim levels.
See all of our definitionsWhy buy this report?
- Gain competitive intelligence about market leaders
- Track key industry trends, opportunities and threats
- Inform your marketing, brand, strategy and market development, sales and supply functions
This report originates from Passport, our HW Cooking Ingredients and Meals research and analysis database.
NEW REPORT GUARANTEE
If you purchase a report that is updated in the next 60 days, we will send you the new edition and data extraction Free!