PROSPECTS AND OPPORTUNITIES
Plant-based dairy to continue benefiting from growth and new product development
Sales of plant-based dairy are expected to continue reporting strong and stable growth over the forecast period in retail value and volume terms. Consumer preferences are increasingly shifting toward healthier and more sustainable food choices, with plant-based dairy alternatives increasingly seen as viable substitutes for traditional dairy.
Health and wellness set to drive growth but improvements in product quality will be key
As consumers increasingly adopt healthier lifestyles there is likely to be a growing push towards plant-based dairy. Players are increasing their offer of sugar free and natural products, with players also focusing on the nutritional benefits of their products.
The foodservice channel retains its importance in building awareness
The foodservice channel plays a critical role in driving the growth and visibility of the plant-based milk in Singapore. Cafés, restaurants, and specialty coffee outlets have become key channels for introducing consumers to plant-based milk options.
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Overview:
Understand the latest market trends and future growth opportunities for the Plant-based Dairy 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.
Data and analysis in this report provides further detailed coverage dedicated to a comprehensive range of core packaged food categories.
If you're in the Plant-based Dairy 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 Plant-based Dairy 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 Plant-based Dairy in Singapore?
- Which are the leading brands in Plant-based Dairy in Singapore?
- How are products distributed in Plant-based Dairy in Singapore?
- How is the rise of e-commerce and/or the expansion of modern grocery retail impacting traditional retail?
- What are the key health and wellness concerns driving, or challenging, sales in Plant-based Dairy?
- How significant are vegan and vegetarian dietary requirements in determining sales growth in Singapore?
- How has COVID-19 impacted consumer demand? To what extent have lockdown, home seclusion and stockpiling boosted sales? Will the longer term economic repercussions of the pandemic stimulate or suppress future growth?
- Where is future growth expected to be most dynamic?
- How significant will values-based claims, such as sustainability and ethical labelling, be in supporting future growth and brand equity?
Plant-Based Dairy in Singapore - Category analysis
KEY DATA FINDINGS
Plant-based dairy continues to thrive in 2025 as consumers make healthier choices
F&N Foods continues to lead but competition intensifies
Supermarkets remained as the leading distribution channel for plant-based dairy
Plant-based dairy to continue benefiting from growth and new product development
Health and wellness set to drive growth but improvements in product quality will be key
The foodservice channel retains its importance in building awareness
Dairy Products and Alternatives in Singapore - Industry Overview
Dairy products and alternatives in 2025: The big picture
Key trends in 2025
Competitive Landscape
Channel developments
What next for dairy products and alternatives?
DISCLAIMER
The following categories and subcategories are included:
Plant-based Dairy
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- Soy Drinks
- Other Plant-based Milk
- Plant-based Yoghurt
- Plant-based Cheese
Plant-based Dairy
This is the aggregation of plant-based milk, plant-based yoghurt and plant-based cheese. Please note that plant-based dairy products that are not milk, yoghurt or cheese are tracked under their core dairy categories (e.g. powder milk, margarine and spreads, coffee whiteners etc.)
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 Plant-based Dairy research and analysis database.
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