Singapore Beverage Industry Outlook 2022 - 2026

Key Market Indicators

The country came in number 8 in 2021, Italy overtook at $3,143,800,000. The United Kingdom, Germany and Japan respectively ranked numbers 2, 3 and 4 in this ranking. Beverage sales in Singapore are expected to reach nearly $5 billion by 2026, an increase of 2.8% year-on-year on average. Since 2001, the Singaporean market has grown 6.9% year-on-year. In 2021, Singapore was 43rd in the world rankings, with the Czech Republic overtaking at $4.2 billion. Japan, Germany, and the United Kingdom came in second, third, and fourth respectively. Singapore's beverage imports are forecast to reach $3.5 billion by 2026, with a 2.2% year-on-year average increase. Since 1994, Singaporean demand has jumped by 5.4% year-on-year. In 2021, Singapore was 10th in the world rankings, with Belgium overtaking at $3.1 billion. The United Kingdom, Germany, and China were second, third, and fourth respectively. Alcoholic drink exports from Singapore are expected to hit $3.6 billion by 2026, with a 2.1% year-on-year average growth. Since 1994, Singapore's supply has risen 3.1% year-on-year. In 2021, Singapore was 8th in the world rankings, with Italy overtaking at $3.1 billion. The United Kingdom, Germany, and Japan ranked second, third, and fourth respectively.

Singapore Beverage Market Data and Forecasts

Improve your Knowledge with the latest Indicators and Trends

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• Soft Drinks: Navigating the Market Dynamics of Top Beverage Contenders

  In the soft drinks industry, certain companies have long asserted their dominance. Major players, such as The Coca-Cola Company, PepsiCo, and Nestlé, enjoy global recognition and a significant market share. They have a broad product lineup, from carbonated beverages to juice drinks, fortified with marketing efforts that target various consumer...

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• Alcoholic Drinks: Navigating Brewery Innovations and Liquor Production Techniques

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• Alcoholic Drinks: Unveiling the Dominance and Impact of Constellation Brands

  Constellation Brands stands as a key player in the alcoholic beverage market, having a vast portfolio of brands spread across wine, beer, and spirits categories. This multinational company has managed to leverage successful marketing strategies, strategic acquisitions, and partnerships, thus securing its strongholds in multiple markets and demographics. It is...

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• Beverage Sector: Diving Deep into Juice and Energy Drinks Market Sizes

  Nourishing consumer interest in health-centric beverages, juice and energy drink markets have witnessed stable growth. Consumers’ increasing awareness concerning the health benefits of natural and organic juices, devoid of artificial additives, has proven to be a significant growth factor for the juice industry. On the other hand, driven by an...

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