1. Market Research
  2. > Food Market Trends
  3. > Singapore Food & Beverage Industry Report - 2015

Singapore Food & Beverage Industry Report - 2015

  • July 2015
  • -
  • Emerging Markets Direct Media Holdings
  • -
  • 27 pages

This report profiles Singapore's food and beverage industry, discussing market trends through 2014 and outlook for 2015 and beyond. The report also highlights leading players in the sector including Fraser and Neave Limited (F&N), Olam International Limited (OLAM), Petra Foods Limited and Food Empire Holdings Limited (FEH)



Singapore is a relatively wealthy nation and has high per capita food consumption. On a per capita basis, Singapore has the highest food consumption levels in the Southeast Asia region. Singapore's food and beverage (F&B) services industry contributed approximately 5% to the country's total GDP in 2014. Due to limited domestic agricultural production and rapid urbanisation, the country imports more than 90% of its food products, particularly from other Asian countries.



Economic activity in Singapore is likely to grow at a moderate pace of 2.5-3.0% in 2015, according to the IMF. The economy has been growing at a moderate pace since 2013 due to decrease in exports growth. Nonetheless, the country's F&B industry is expected to witness growth thanks to higher population, rising incomes and soaring food consumption. Singaporeans have the highest personal income amongst all Asians, thereby making them more willing to purchase quality food at higher quantities. These goods include pre-processed meat and vegetables that are easy to prepare at home and even ready-to-eat meals.



In addition, rising visitor arrivals from the region will increase growth of tourism-related services, such as F&B services and accommodation, to satisfy leisure needs. As such, F&B consumption is set to soar and will in turn increase the industry's employment.



Key Points:



o Singapore's F&B industry contributed around 5% to the country's total GDP in 2014. The rise in the number of working women, growing middle class population and the surge in disposable income have contributed to the expanding F&B market.



o Singapore's F&B market can be divided into three broad segments on consumption basis: food and non-alcoholic beverages, alcoholic beverages and tobacco, and food servicing services. As of 2014, food and non-alcoholic beverage segment was the largest, accounting for 44% of the total.



o On a per capita basis, Singapore has the highest food consumption levels in the Southeast Asia region. Singapore's private consumption expenditure (current prices) in food and beverage sector grew at a CAGR of 5% from 2008-14.

Table Of Contents

Singapore Food and Beverage Industry Report - 2015
1. Industry Profile

1.1 Market overview

1.2 Market size and structure

1.3 Trade

1.4 Manufacturing

1.5 Consumption pattern

1.6 Prices

1.7 Regulations



2. Market trends and outlook

2.1 Key trends

2.2 Service and hygiene standards

2.3 Expansion strategies

2.4 Manpower trends

2.5 Market outlook



3. Leading players and comparative matrix

3.1 Leading players

3.1.1 Fraser and Neave Limited (FandN)

3.1.2 Olam International Limited (OLAM) (APB)

3.1.3 Petra Foods Limited (Petra Foods)

3.1.4 Food Empire Holdings Limited (FEH)

3.2 Comparative matrix

3.3 SWOT analysis



4. Tables and Charts



Table 1: Value of imports of food and beverage products in last two years

Table 2: Key indicators of FandB industry

Table 3: Establishments, operating receipts and value added

Table 4: Main business costs of FandB industry

Table 5: Per capita consumption of food commodities in Singapore

Table 6: Key economic indicators

Table 7: Selected key financial ratios



Chart 1: Food and beverage industry contribution to the national GDP

Chart 2: Singapore's GDP per capita at current market prices

Chart 3: Singapore's demographics

Chart 4: FandB market value in terms of private consumption expenditure

Chart 5: Breakup of Singapore FandB industry by private consumption expenditure

Chart 6: Private consumption expenditure in different segments of FandB sector

Chart 7: Imports of FandB products

Chart 8: Exports of FandB products

Chart 9: Production output in FandB sector

Chart 10: Y/Y change in industrial production index

Chart 11: Weights of major expenditure groups in the CPI

Chart 12: Food inflation in Singapore

Chart 13: FSS index at current prices

Chart 14: FandN revenue breakdown

Chart 15: Net sales of FandN

Chart 16: Profit margins of FandN

Chart 17: Olam net contribution by business segment

Chart 18: Net sales of Olam

Chart 19: Profit margins of Olam

Chart 20: Petra Foods revenue by geographic breakdown

Chart 21: Net sales of Petra Foods

Chart 22: Profit margins of Petra Foods

Chart 23: FEH revenue by geographical regions

Chart 24: Net sales of FEH

Chart 25: Profit margins of FEH

View This Report »

Get Industry Insights. Simply.

  • Latest reports & slideshows with insights from top research analysts
  • 24 Million searchable statistics with tables, figures & datasets
  • More than 10,000 trusted sources
24/7 Customer Support

Talk to Ahmad

+1 718 618 4302

Purchase Reports From Reputable Market Research Publishers
Global Cured Meats (Savory & Deli Foods) Market - Outlook to 2020: Market Size, Growth and Forecast Analytics

Global Cured Meats (Savory & Deli Foods) Market - Outlook to 2020: Market Size, Growth and Forecast Analytics

  • $ 14995
  • Industry report
  • March 2017
  • by GlobalData

Global Cured Meats (Savory & Deli Foods) Market - Outlook to 2020: Market Size, Growth and Forecast Analytics Summary "Global Cured Meats (Savory & Deli Foods) Market - Outlook to 2020: Market Size, Growth ...

Global Prepared Salads (Savory & Deli Foods) Market - Outlook to 2020: Market Size, Growth and Forecast Analytics

Global Prepared Salads (Savory & Deli Foods) Market - Outlook to 2020: Market Size, Growth and Forecast Analytics

  • $ 14995
  • Industry report
  • March 2017
  • by GlobalData

Global Prepared Salads (Savory & Deli Foods) Market - Outlook to 2020: Market Size, Growth and Forecast Analytics Summary "Global Prepared Salads (Savory & Deli Foods) Market - Outlook to 2020: Market ...

Global Savory Baked Goods (Savory & Deli Foods) Market - Outlook to 2020: Market Size, Growth and Forecast Analytics

Global Savory Baked Goods (Savory & Deli Foods) Market - Outlook to 2020: Market Size, Growth and Forecast Analytics

  • $ 14995
  • Industry report
  • March 2017
  • by GlobalData

Global Savory Baked Goods (Savory & Deli Foods) Market - Outlook to 2020: Market Size, Growth and Forecast Analytics Summary "Global Savory Baked Goods (Savory & Deli Foods) Market - Outlook to 2020: Market ...


Download Unlimited Documents from Trusted Public Sources

Food Industry in the US

  • March 2017
    8 pages
  • Food  

  • United States  

View report >

Food Industry in India

  • March 2017
    60 pages
  • Food  

    Grain  

    Cereals  

  • India  

    Asia  

View report >

The future of the Food Industry in Europe

  • March 2017
    4 pages
  • Food  

  • Europe  

    World  

    United States  

View report >

Crab Industry

2 days ago

Related Market Segments :

Food

ref:plp2015

Reportlinker.com © Copyright 2017. All rights reserved.

ReportLinker simplifies how Analysts and Decision Makers get industry data for their business.