In the forecast period brands are expected to continue to be aggressive in rolling out new formats and flavours to keep consumers interested, in turn driving retail volume and current value growth in ice cream. Local consumers enjoy exploring new trends, particularly attracted by a lingering desire for nostalgic, comforting flavours, as life continues to be stressful due to the high cost of living.
Increasing demand has been seen for plant-based ice cream over recent years. Once considered niche and relatively unknown, plant-based ice cream has gained popularity, becoming readily available in most supermarkets.
In recent years, frozen yoghurt and acai sorbet have enjoyed immense popularity amongst local consumers. However, these products were predominantly limited to the consumer foodservice channel until the pandemic, which pushed brands to introduce take-home consumption formats.
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Understand the latest market trends and future growth opportunities for the Ice Cream industry in Singapore with research from Euromonitor International's team of in-country analysts – experts by industry and geographic specialisation.
Key trends are clearly and succinctly summarised alongside the most current research data available. Understand and assess competitive threats and plan corporate strategy with our qualitative analysis, insight and confident growth projections.
Data and analysis in this report provides further detailed coverage dedicated to a comprehensive range of core packaged food categories.
If you're in the Ice Cream industry in Singapore, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty.
Ice Cream
Ice cream is the aggregation of frozen yoghurt, impulse ice cream, plant-based ice cream, unpackaged ice cream and take-home ice cream. Frozen desserts is included in Passport’s Staple Foods research. Please note that soft serve ice cream from ice cream dispensing machines sold at foodservice outlets (e.g. fast food or ice cream parlours) is entirely excluded.
See All of Our DefinitionsThis report originates from Passport, our Ice Cream research and analysis database.
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