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Country Profile: Meat sector in Singapore

Country Profile: Meat sector in Singapore

  • April 2017
  • 109 pages
  • ID: 4910402
  • Format: PDF
  • By GlobalData

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Country Profile: Meat sector in Singapore

Summary
The Singaporean Meat sector is led by the Chilled Raw Packaged Meat - Whole Cuts market in both value and volume terms, while the Cooked Meats - Packaged market is forecast to register fastest value growth during 2016-2021. Hypermarkets & Supermarkets is the largest distribution channel for meat products in the country. Health & Wellness attributes such as ‘Free From’ and consumer benefits such as ’Weight & Shape Management’ are the most sought after claims in the Singaporean Meat sector. Rigid Plastics is the preferred packaging material used in the sector. Frangosul, Porkee and Farmland are few of the popular players in the sector.

GlobalData’s Country Profile report on the Meat sector in Singapore provides insights on high growth markets to target, trends in the usage of packaging materials, types and closures category level distribution data and brands market shares.

What else is contained?
- Market data: Overall market value and volume data with growth analysis for 2011-2021
- Category coverage: Value and growth analysis for Ambient Meat, Chilled Raw Packaged Meat - Processed, Chilled Raw Packaged Meat - Whole Cuts, Cooked Meats - Counter, Cooked Meats - Packaged, Fresh Meat (Counter) and Frozen Meat with inputs on individual category share within each market and the change in their market share forecast for 2016-2021
- Leading players: Market share of brands and private labels, including private label growth analysis from 2011-2016
- Distribution data: Percentage of sales within each market through distribution channels such as Cash & Carries and warehouse Clubs, Hypermarkets & Supermarkets, Convenience Stores, Food & Drinks Specialists, eRetailers and others
- Packaging data: consumption breakdown for packaging materials and containers in each market, in terms of percentage share of number of units sold. Packaging material data for Rigid Plastics, Flexible Packaging, Rigid Metal, and Glass; container data for: Tray, Bag/Sachet, Can-Food, Film, Jar and Tub.

Scope
- The Singaporean Meat sector is expected to grow at CAGR of 2% during 2016-2021.
- Of the seven markets, Chilled Raw Packaged Meat - Whole Cuts is the largest market in the Singaporean Meat sector.
- The Singaporean Meat sector is fragmented, with the top five players accounting for 6.6% of the market share in 2016.
- Hypermarkets & Supermarkets is the leading distribution channel for the Singaporean Meat sector, accounting for a total value share of 75% in 2016.
- Rigid Plastics is the most commonly used packaging material in the Singaporean Meat sector.

Reasons to buy
- Identify high potential categories and explore further market opportunities based on detailed value and volume analysis
- Existing and new players can analyze key distribution channels to identify and evaluate trends and opportunities
- Gain an understanding of the total competitive landscape based on detailed brand share analysis to plan effective market positioning
- Manufacturers can identify the opportunities to position products with H&W attributes/benefits
- Access the key and most influential consumer trends driving Meat products consumption, and how they influence consumer behavior in the market which will help determine the best audiences to target
- Our team of analysts have placed a significant emphasis on changes expected in the market that will provide a clear picture of the opportunities that can be tapped over the next five years, resulting in revenue expansion
- The packaging analysis report helps manufacturers, in identifying the most commonly used packaging materials in the sector
- Analysis on key macro-economic indicators such as GDP per capita, population (overall and breakdown by age), and consumer price index. It also covers a comparative analysis of political, economic, socio-demographic, and technological indicators (PEST) across 50 countries.

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