Our site uses cookies to improve functionality. If you are happy with this select "Accept All". If not, select "Manage Preferences" to learn more about managing your cookie preferences. Follow this link to learn more about our cookie policy and how we use cookies. Or learn more about our privacy policy and how we use and store your data.
Sweet Biscuits, Snack Bars and Fruit Snacks in Singapore
July 2022
PROSPECTS AND OPPORTUNITIES
Protein substitution and portion control to drive variety and format diversification in snack bars
Within and beyond the snack bars category, protein is observed to be an increasingly popular nutrient offering in snacks, as it is perceived to add value. As such, protein has become an avenue for variation, with the entry of plant-based protein/energy bars such as PureFit, and insect-based protein bars including Altimate Nutrition, which was locally founded in 2021.
Ingredient heterogeneity and lower sugar content to direct growth
Sweet biscuits and snack bars alike may see the risk of rising raw materials costs as an opportunity to leverage ingredient heterogeneity from 2022 and for the rest of the forecast period. In offering multigrain varieties, brands are able to diversify their material sources to hedge against supply instability brought about by the energy crisis and Russian invasion of Ukraine, with these both being key supply countries.
Files are delivered directly into your account soon after payment is received and any tax certification is verified (where applicable).
Overview:
Understand the latest market trends and future growth opportunities for the Sweet Biscuits, Snack Bars and Fruit Snacks 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 Sweet Biscuits, Snack Bars and Fruit Snacks 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.
The Sweet Biscuits, Snack Bars and Fruit Snacks in Singapore report includes:
Analysis of key supply-side and demand trends
Detailed segmentation of international and local products
Historic volume and value sizes, company and brand market shares
Five year forecasts of market trends and market growth
Robust and transparent research methodology, conducted in-country
This report answers:
What is the market size of Sweet Biscuits, Snack Bars and Fruit Snacks in Singapore?
Which are the leading brands in Sweet Biscuits, Snack Bars and Fruit Snacks in Singapore?
How are products distributed in Sweet Biscuits, Snack Bars and Fruit Snacks in Singapore?
How is the rise of e-commerce and/or the expansion of modern grocery retail impacting traditional retail?
What are the key health and wellness concerns driving, or challenging, sales in Sweet Biscuits, Snack Bars and Fruit Snacks?
How significant are vegan and vegetarian dietary requirements in determining sales growth in Singapore?
How has COVID-19 impacted consumer demand? To what extent have lockdown, home seclusion and stockpiling boosted sales? Will the longer term economic repercussions of the pandemic stimulate or suppress future growth?
Where is future growth expected to be most dynamic?
How significant will values-based claims, such as sustainability and ethical labelling, be in supporting future growth and brand equity?
Sweet Biscuits, Snack Bars and Fruit Snacks in Singapore - Category analysis
KEY DATA FINDINGS
2022 DEVELOPMENTS
Overall category to see short-lived unit price spike with rising energy costs
Indulgent sweet biscuits to outdo plain biscuits and cookies in terms of growth
Snack bars pressured to remain price-competitive amidst high risk of substitution
PROSPECTS AND OPPORTUNITIES
Protein substitution and portion control to drive variety and format diversification in snack bars
Ingredient heterogeneity and lower sugar content to direct growth
CATEGORY DATA
Table 1 Sales of Sweet Biscuits, Snack Bars and Fruit Snacks by Category: Volume 2017-2022Table 2 Sales of Sweet Biscuits, Snack Bars and Fruit Snacks by Category: Value 2017-2022Table 3 Sales of Sweet Biscuits, Snack Bars and Fruit Snacks by Category: % Volume Growth 2017-2022Table 4 Sales of Sweet Biscuits, Snack Bars and Fruit Snacks by Category: % Value Growth 2017-2022Table 5 NBO Company Shares of Sweet Biscuits, Snack Bars and Fruit Snacks: % Value 2018-2022Table 6 LBN Brand Shares of Sweet Biscuits, Snack Bars and Fruit Snacks: % Value 2019-2022Table 7 NBO Company Shares of Sweet Biscuits: % Value 2018-2022Table 8 LBN Brand Shares of Sweet Biscuits: % Value 2019-2022Table 9 NBO Company Shares of Snack Bars: % Value 2018-2022Table 10 LBN Brand Shares of Snack Bars: % Value 2019-2022Table 11 NBO Company Shares of Fruit Snacks: % Value 2018-2022Table 12 LBN Brand Shares of Fruit Snacks: % Value 2019-2022Table 13 Distribution of Sweet Biscuits, Snack Bars and Fruit Snacks by Format: % Value 2017-2022Table 14 Distribution of Sweet Biscuits by Format: % Value 2017-2022Table 15 Distribution of Snack Bars by Format: % Value 2017-2022Table 16 Distribution of Fruit Snacks by Format: % Value 2017-2022Table 17 Forecast Sales of Sweet Biscuits, Snack Bars and Fruit Snacks by Category: Volume 2022-2027Table 18 Forecast Sales of Sweet Biscuits, Snack Bars and Fruit Snacks by Category: Value 2022-2027Table 19 Forecast Sales of Sweet Biscuits, Snack Bars and Fruit Snacks by Category: % Volume Growth 2022-2027Table 20 Forecast Sales of Sweet Biscuits, Snack Bars and Fruit Snacks by Category: % Value Growth 2022-2027
Snacks in Singapore - Industry Overview
EXECUTIVE SUMMARY
Snacks in 2022: The big picture
Key trends in 2022
Competitive landscape
Channel developments
What next for snacks?
Chart 1 Snacks Value Sales Growth Scenarios: 2020-2027Chart 2 Snacks Impact of Drivers on Value Sales: 2020-2027
MARKET DATA
Table 21 Sales of Snacks by Category: Volume 2017-2022Table 22 Sales of Snacks by Category: Value 2017-2022Table 23 Sales of Snacks by Category: % Volume Growth 2017-2022Table 24 Sales of Snacks by Category: % Value Growth 2017-2022Table 25 NBO Company Shares of Snacks: % Value 2018-2022Table 26 LBN Brand Shares of Snacks: % Value 2019-2022Table 27 Penetration of Private Label by Category: % Value 2017-2022Table 28 Distribution of Snacks by Format: % Value 2017-2022Table 29 Forecast Sales of Snacks by Category: Volume 2022-2027Table 30 Forecast Sales of Snacks by Category: Value 2022-2027Table 31 Forecast Sales of Snacks by Category: % Volume Growth 2022-2027Table 32 Forecast Sales of Snacks by Category: % Value Growth 2022-2027
DISCLAIMER
SOURCES
Summary 1 Research Sources
The following categories and subcategories are included:
Sweet Biscuits, Snack Bars and Fruit Snacks
Dried Fruit
Processed Fruit Snacks
Cereal Bars
Protein/Energy Bars
Fruit and Nut Bars
Chocolate Coated Biscuits
Cookies
Filled Biscuits
Plain Biscuits
Wafers
Sweet Biscuits, Snack Bars and Fruit Snacks
This is the aggregation of biscuits and snack bars.