Singapore Savory Snacks Market Opportunities, Trends, Growth Analysis and Forecast to 2027
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Singapore Savory Snacks Market Overview
The Singapore savory snacks sector was valued at SGD231.4 million ($167.8 million) in 2022 and is forecast to record a CAGR of more than 3% during the period 2022-2027. Potato chips was the largest category in 2022.
Singapore Savory Snacks Market Outlook (2022-2027)
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The Singapore savory snacks Market Growth Analysis report includes an analysis of the sector overview of the country. It also includes the various categories present in the market along with distribution channels used and the names of competitors present in the Singapore savory snacks market.
Market Size (2022) | SGD231.4 million ($167.8 million) |
CAGR % (20222-2027) | >3% |
Historical Period | 2017-2022 |
Forecast Period | 2023-2027 |
Categories | Potato Chips
Ethnic/Traditional Snacks Meat Snacks Nuts & Seeds Popcorn Pretzels Processed Snacks |
Distribution Channels | Hypermarkets & supermarkets
Convenience Stores E-Retailers Food & Drinks Specialists Others |
Pack – Material Type | Flexible packaging
Paper & Board Rigid Plastics Rigid Metal |
Competitors | Calbee
Tai Sun (Lim Kee) Food Industries PepsiCo Seng Hua Hng Foodstuff Kellogg’s Company |
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Singapore Savory Snacks Market Segmentation by Categories
Potato chips had the highest share in the Singapore savory snacks market in 2022, while the nuts & seeds category is forecast to register the fastest value growth during 2022–2027.
Other categories in the market are ethnic/traditional snacks, meat snacks, nuts & seeds, popcorn, pretzels, and processed snacks. The nuts & seeds category is also expected to gain market share in value terms during 2022-2027. The report provides market sales of all the categories in terms of value as well as volume for the year 2017-2027.
Singapore Savory Snacks Market by Category Analysis, 2022 (%)
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Singapore Savory Snacks Market Market Segmentation by Distribution Channels
Hypermarkets & supermarkets was the leading distribution channels in the Singapore savory snacks industry in 2022.
Other channels in the Singapore savory snacks are convenience stores, e-retailers, vending machines, food & drinks specialists, and others.
The report provides values of distribution channels for 2017 and 2022. It also presents the change in distribution channel share for 2017-2022.
Singapore Savory Snacks Market by Distribution Channel Analysis, 2022 (%)
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Singapore Savory Snacks Market Segmentation by Pack Materials
Flexible packaging was the leading pack material in the Singapore savory snacks industry in 2022
It was followed by paper & board. Other types of pack materials are rigid plastics and rigid metal. Bag/sachet pack type accounted for the majority of the share of the savory snacks sector in Singapore, in 2022.
The report provides percentage shares of 2022 and growth analysis during 2022-2027 for various pack materials and pack types of Singapore savory snack products.
Singapore Savory Snacks Market by Pack Materials Analysis, 2022 (%)
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Singapore Savory Snacks Market - Competitive Landscape
Calbee accounted for the highest value share in the Singapore savory snacks sector in 2022
The report provides an overview of leading brands in the market, besides analyzing, market share, and growth of private labels in each category.
Some of the other leading competitors in the Singapore savory snacks market are:
- Tai Sun (Lim Kee) Food Industries
- PepsiCo
- Seng Hua Hng Foodstuff
- Kellogg’s Company
Competitors in the Singapore Savory Snacks Industry, 2022 (%)
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Segments Covered in the Singapore Savory Snacks Market Report
Singapore Savory Snacks Market Category Outlook (Value, $ Million, 2017-2027)
- Potato Chips
- Ethnic/Traditional Snacks
- Meat Snacks
- Nuts & Seeds
- Popcorn
- Pretzels
- Processed Snacks
Singapore Savory Snacks Market Distribution Channel Outlook (Value, $ Million, 2017-2027)
- Hypermarkets & supermarkets
- Convenience Stores
- E-Retailers
- Vending Machines
- Food & Drinks Specialists
- Others
Singapore Savory Snacks Market Pack Material Outlook (Value, $ Million, 2017-2027)
- Flexible packaging
- Paper & Board
- Rigid Plastics
- Rigid Metal
Scope
The Singapore savory snacks market research report brings together multiple data sources to provide a comprehensive overview of the Singapore savory snacks sector. It includes an analysis of the following:
- Sector data: Overall sector value and volume data with growth analysis for 2017-2027.
- Category coverage: Value and growth analysis of ethnic/traditional snacks, meat snacks, nuts & seeds, popcorn, potato chips, pretzels, and processed snacks with inputs on individual segment share within each category and the change in their market share forecast for 2022-2027.
- Leading players: Market share of companies (in value and volume terms) in 2022
- Distribution data: Provides analysis on the leading distribution channels, both at a sector and category level in 2022. The consumer sector reports cover the following 11 distribution channels: cash & carries and warehouse clubs, convenience stores, department stores, “dollar stores”, variety stores & general merchandise retailers, e-retailers, hypermarkets & supermarkets, food & drinks specialists, and other general retailers.
- Health & Wellness Analysis: Provides analysis on the value of health & wellness claims by category in the Singaporean savory snacks sector for the 2017-2022 period. The analysis includes the key health & wellness attributes and consumer benefits driving the sales of savory snacks in Singapore in 2022.
- Packaging: The report provides a percentage share (in 2022) and growth analysis (for the 2017–27 period) of various pack materials, pack types, closure types, and primary outer types used in the Singaporean savory snacks sector. The analysis is at both the sector and category level and is based on the volume sales (by pack units) of savory snacks in the country.
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 company share analysis to plan effective market positioning
- Our team of analysts has 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
- Analysis of key macroeconomic indicators such as real GDP, nominal GDP, consumer price index, household consumption expenditure, population (by age group, gender, rural-urban split, employed people, and unemployment rate. It also includes an economic summary of the country along with the labor market and demographic trends.
Seng Hua Hng Foodstuff
Tai Sun (Lim Kee) Food Industries
Kellogg's Company
PepsiCo
Tong Garden
Universal Robina Corporation
Campbell Soup Company
QAF Limited
Mondelēz International Mamee Double Decker
Farmland Hormel Foods Corporation
Table of Contents
Table
Figures
Frequently asked questions
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What was the Singapore savory snacks market size in 2022?
The Singapore savory snacks sector was valued at SGD231.4 million ($167.8 million) in 2022.
-
What is the Singapore savory snacks market growth rate?
The Singapore savory snacks industry is forecast to record a CAGR of more than 3% during 2022-2027.
-
Which was the leading category in the Singapore savory snacks market?
Potato chips was the leading catetgory in the Singapore savory snacks industry in 2022.
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Which are the key players in the Singapore savory snacks market?
Some of the other leading competitors in the Singapore savory snacks market are Calbee, Tai Sun (Lim Kee) Food Industries, PepsiCo, Seng Hua Hng Foodstuff, and Kellogg’s Company.
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