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Singapore Beverage Industry Outlook 2022 - 2026

See how Singapore Beverage performed compared to key markets such as the United States, Japan and Germany.

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

How much will Singapore Beverage Market grow to 2026?

Forecast: Beer Consumption Per Capita in Singapore
Forecast: Spirits Consumption Per Capita in Singapore
Forecast: Wine Consumption Per Capita in Singapore
Forecast: Food, Beverages and Tobacco Value Added in Singapore
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