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Country Report

Yoghurt and Sour Milk Products in

Yoghurt and Sour Milk Products in Singapore

30 pages, Sep 2017

US$990

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Executive Summary

New Report Guarantee

If you purchase a report that is updated in the next 60 days, we will send you the new edition and data extract FREE!

TRENDS

Yoghurt and sour milk products recorded 4% current value growth to reach SGD130 million in 2017. Growth was marginally slower than the review period, as yoghurt moved towards maturity. With increasingly hectic lifestyles, consumers are dining out more often, leading to a greater number of issues linked to digestive health. This has helped to drive demand for yoghurt consumption as it is known to contain good bacteria, which is positioned as beneficial for the gut and digestion. The opening of yoghurt and frozen yoghurt foodservice kiosks, such as llao llao, over the review period also helped to stimulate interest in yoghurt.

COMPETITIVE LANDSCAPE

Yakult (S) Pte Ltd remained as the leading player in yoghurt and sour milk products with a value share of 46% in 2017. The brand is well established with a wide distribution network in Singapore and many Singaporeans have strong brand awareness for Yakult since they were young. Its option for scheduled door-to-door delivery also helped to encourage repeated purchases. However, the company’s value share experienced a marginal decline over the review period due to intense competition from newer players such as Meiji Paigen and Monmilk Yoyi.

PROSPECTS

Yoghurt and sour milk products is predicted to record a value CAGR of 3% at constant 2017 prices over the forecast period. This will be marginally slower than the review period’s performance as yoghurt moves towards maturity. Demand is expected to be driven by health-conscious consumers who increasingly lead hectic lifestyles. As they dine out more frequently, digestive issues are expected to be a major problem among many Singaporeans. Hence, they are expected to consume yoghurt to aid their digestive and gut health.

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Yoghurt and Sour Milk Drinks Sample Report Yoghurt and Sour Milk Drinks Sample Data

Overview

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Gain competitive intelligence about market leaders. Track key industry trends, opportunities and threats. Inform your marketing, brand, strategy and market development, sales and supply functions.

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Overview

Discover the latest market trends and uncover sources of future market growth for the Yoghurt and Sour Milk Products industry in Singapore with research from Euromonitor's team of in-country analysts.

Find hidden opportunities in the most current research data available, understand competitive threats with our detailed market analysis, and plan your corporate strategy with our expert qualitative analysis and growth projections.

If you're in the Yoghurt and Sour Milk Products industry in Singapore, our research will save you time and money while empowering you to make informed, profitable decisions.

The Yoghurt and Sour Milk Products in Singapore market research report includes:

Analysis of key supply-side and demand trends
Detailed segmentation of international and local products
Historic volumes and values, company and brand market shares
Five year forecasts of market trends and market growth
Robust and transparent market research methodology, conducted in-country

Our market research reports answer questions such as:

What is the market size of Yoghurt and Sour Milk Products in Singapore?
What are the major brands in Singapore?
Which variety of yoghurt is performing better – spoonable or drinking?
In the wake of recent controversies, what does the future hold for functional probiotic products?

Why buy this report?

Gain competitive intelligence about market leaders
Track key industry trends, opportunities and threats
Inform your marketing, brand, strategy and market development, sales and supply functions

This industry report originates from Passport, our Packaged Food market research database.

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Yoghurt and Sour Milk Products in Singapore - Company Profiles

F&N Foods (S) Pte Ltd in Packaged Food (Singapore)

STRATEGIC DIRECTION

KEY FACTS

COMPETITIVE POSITIONING

Nestlé Singapore Pte Ltd in Packaged Food (Singapore)

STRATEGIC DIRECTION

KEY FACTS

COMPETITIVE POSITIONING

Summary 1 F&N Foods (S) Pte Ltd: Key Facts
Summary 2 F&N Foods (S) Pte Ltd: Competitive Position 2017
Summary 3 Nestlé Singapore Pte Ltd: Key Facts

Packaged Food in Singapore - Industry Overview

EXECUTIVE SUMMARY

Packaged food posts stable value growth in 2017

Government puts more focus on tackling diabetes

Packaged food players launch new innovations inspired by foodservice

Supermarkets remain leading channel for packaged food sales

Packaged food expected to continue growing over forecast period

KEY TRENDS AND DEVELOPMENTS

Tackling diabetes: Key agenda of 2017 national day rally

Outlook

Manufacturers emphasise health claims

Outlook

Hectic lifestyles fuelling demand for partly home cooked food

Outlook

New innovations inspired by foodservice products

Outlook

FOODSERVICE: KEY TRENDS AND DEVELOPMENTS

Headlines

Trends: Sales to foodservice

Trends: Consumer Foodservice

Prospects

Category Data

Table 1 Foodservice Sales of Packaged Food by Category: Volume 2012-2017
Table 2 Foodservice Sales of Packaged Food by Category: % Volume Growth 2012-2017
Table 3 Forecast Foodservice Sales of Packaged Food by Category: Volume 2017-2022
Table 4 Forecast Foodservice Sales of Packaged Food by Category: % Volume Growth 2017-2022

MARKET DATA

Table 5 Sales of Packaged Food by Category: Volume 2012-2017
Table 6 Sales of Packaged Food by Category: Value 2012-2017
Table 7 Sales of Packaged Food by Category: % Volume Growth 2012-2017
Table 8 Sales of Packaged Food by Category: % Value Growth 2012-2017
Table 9 GBO Company Shares of Packaged Food: % Value 2013-2017
Table 10 NBO Company Shares of Packaged Food: % Value 2013-2017
Table 11 LBN Brand Shares of Packaged Food: % Value 2014-2017
Table 12 Penetration of Private Label by Category: % Value 2012-2017
Table 13 Distribution of Packaged Food by Format: % Value 2012-2017
Table 14 Distribution of Packaged Food by Format and Category: % Value 2017
Table 15 Forecast Sales of Packaged Food by Category: Volume 2017-2022
Table 16 Forecast Sales of Packaged Food by Category: Value 2017-2022
Table 17 Forecast Sales of Packaged Food by Category: % Volume Growth 2017-2022
Table 18 Forecast Sales of Packaged Food by Category: % Value Growth 2017-2022

Megatrends

Country Report

Yoghurt and Sour Milk Products in Singapore

New Report Guarantee

Executive Summary

New Report Guarantee

TRENDS

COMPETITIVE LANDSCAPE

PROSPECTS

Samples

Overview

Why buy this report?

Samples: FAQs about samples

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Table of Contents

Yoghurt and Sour Milk Products in Singapore - Company Profiles

F&N Foods (S) Pte Ltd in Packaged Food (Singapore)

STRATEGIC DIRECTION

KEY FACTS

COMPETITIVE POSITIONING

Nestlé Singapore Pte Ltd in Packaged Food (Singapore)

STRATEGIC DIRECTION

KEY FACTS

COMPETITIVE POSITIONING

Packaged Food in Singapore - Industry Overview

EXECUTIVE SUMMARY

Packaged food posts stable value growth in 2017

Government puts more focus on tackling diabetes

Packaged food players launch new innovations inspired by foodservice

Supermarkets remain leading channel for packaged food sales

Packaged food expected to continue growing over forecast period

KEY TRENDS AND DEVELOPMENTS

Tackling diabetes: Key agenda of 2017 national day rally

Manufacturers emphasise health claims

Hectic lifestyles fuelling demand for partly home cooked food

New innovations inspired by foodservice products

FOODSERVICE: KEY TRENDS AND DEVELOPMENTS

Headlines

Trends: Sales to foodservice

Trends: Consumer Foodservice

Prospects

Category Data

MARKET DATA

DEFINITIONS

SOURCES

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