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Country Report

Yoghurt and Sour Milk Products in

Yoghurt and Sour Milk Products in Singapore

Sep 2020

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!

2020 IMPACT

COVID-19 fuels interest in healthier drinking and high protein yoghurt

As a result of concerns over the COVID-19 pandemic, consumers are seeking new foods that offer health benefits. Many consumers are becoming more aware of the benefits of probiotics in boosting the immune system.

Foodservice exposure helps to boost brand awareness among consumers

Awareness of yoghurt drinks has recently been boosted by the opening of several foodservice outlets selling yoghurt shakes infused with various flavours, packaged and marketed in a similar manner as bubble tea, but with less sugar in each cup. This trend was first seen at the end of 2019, with players like Yanmi yogurt, Yomie yogurt and Hayogurt entering the market following a steady rise in popularity in China, Taiwan and Australia.

Smaller innovative brands continue to put pressure on Yakult

Yakult remains the leading player within drinking yoghurt in Singapore. During the pandemic, the direct selling and delivery scheme helped the brand maintain its strong performance, despite uncertainties.

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

Overview

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.

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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 - Category analysis

KEY DATA FINDINGS

2020 IMPACT

COVID-19 fuels interest in healthier drinking and high protein yoghurt

Foodservice exposure helps to boost brand awareness among consumers

Smaller innovative brands continue to put pressure on Yakult

RECOVERY AND OPPORTUNITIES

Introduction of new healthier brands to drive innovation over coming years

Major dairy players widening product portfolios by entering yoghurt

E-commerce to continue gaining ground by offering convenience to consumers

CATEGORY DATA

Table 1 Sales of Yoghurt and Sour Milk Products by Category: Volume 2015-2020
Table 2 Sales of Yoghurt and Sour Milk Products by Category: Value 2015-2020
Table 3 Sales of Yoghurt and Sour Milk Products by Category: % Volume Growth 2015-2020
Table 4 Sales of Yoghurt and Sour Milk Products by Category: % Value Growth 2015-2020
Table 5 NBO Company Shares of Yoghurt and Sour Milk Products: % Value 2016-2020
Table 6 LBN Brand Shares of Yoghurt and Sour Milk Products: % Value 2017-2020
Table 7 Distribution of Yoghurt and Sour Milk Products by Format: % Value 2015-2020
Table 8 Forecast Sales of Yoghurt and Sour Milk Products by Category: Volume 2020-2025
Table 9 Forecast Sales of Yoghurt and Sour Milk Products by Category: Value 2020-2025
Table 10 Forecast Sales of Yoghurt and Sour Milk Products by Category: % Volume Growth 2020-2025
Table 11 Forecast Sales of Yoghurt and Sour Milk Products by Category: % Value Growth 2020-2025

Packaged Food in Singapore - Industry Overview

EXECUTIVE SUMMARY

COVID-19 impact on packaged food

COVID-19 country impact

Company response

Retailing shift

Foodservice vs retail split

What next for packaged food?

FOODSERVICE

Sales to Foodservice

Sales of packaged food to foodservice outlets negatively affected by COVID-19
Healthy plant-based protein becomes more popular as more products enter foodservice outlets
Previously hyped bubble tea is here to stay

Consumer Foodservice

Third party food apps and in-house delivery services assist foodservice outlets in their survival during COVID-19
Hawker stalls’ digitalisation journey boosts growth during and beyond COVID-19 period
Foodservice players heading towards sustainability

Category Data

Chart 1 Packaged Food Value Sales Growth Scenarios: 2018-2025
Chart 2 Packaged Food Impact of Drivers on Value Sales: 2017-2025
Table 12 Foodservice Sales of Packaged Food by Category: Volume 2015-2020
Table 13 Foodservice Sales of Packaged Food by Category: % Volume Growth 2015-2020
Table 14 Forecast Foodservice Sales of Packaged Food by Category: Volume 2020-2025
Table 15 Forecast Foodservice Sales of Packaged Food by Category: % Volume Growth 2020-2025

MARKET DATA

Table 16 Sales of Packaged Food by Category: Volume 2015-2020
Table 17 Sales of Packaged Food by Category: Value 2015-2020
Table 18 Sales of Packaged Food by Category: % Volume Growth 2015-2020
Table 19 Sales of Packaged Food by Category: % Value Growth 2015-2020
Table 20 GBO Company Shares of Packaged Food: % Value 2016-2020
Table 21 NBO Company Shares of Packaged Food: % Value 2016-2020
Table 22 LBN Brand Shares of Packaged Food: % Value 2017-2020
Table 23 Penetration of Private Label by Category: % Value 2015-2020
Table 24 Distribution of Packaged Food by Format: % Value 2015-2020
Table 25 Distribution of Packaged Food by Format and Category: % Value 2020
Table 26 Forecast Sales of Packaged Food by Category: Volume 2020-2025
Table 27 Forecast Sales of Packaged Food by Category: Value 2020-2025
Table 28 Forecast Sales of Packaged Food by Category: % Volume Growth 2020-2025
Table 29 Forecast Sales of Packaged Food by Category: % Value Growth 2020-2025

Megatrends

Country Report

Yoghurt and Sour Milk Products in Singapore

New Report Guarantee

Executive Summary

New Report Guarantee

2020 IMPACT

COVID-19 fuels interest in healthier drinking and high protein yoghurt

Foodservice exposure helps to boost brand awareness among consumers

Smaller innovative brands continue to put pressure on Yakult

Samples

Overview

Why buy this report?

Samples: FAQs about samples

Want to find out more about this report?

Table of Contents

Yoghurt and Sour Milk Products in Singapore - Category analysis

KEY DATA FINDINGS

2020 IMPACT

COVID-19 fuels interest in healthier drinking and high protein yoghurt

Foodservice exposure helps to boost brand awareness among consumers

Smaller innovative brands continue to put pressure on Yakult

RECOVERY AND OPPORTUNITIES

Introduction of new healthier brands to drive innovation over coming years

Major dairy players widening product portfolios by entering yoghurt

E-commerce to continue gaining ground by offering convenience to consumers

CATEGORY DATA

Packaged Food in Singapore - Industry Overview

EXECUTIVE SUMMARY

COVID-19 impact on packaged food

COVID-19 country impact

Company response

Retailing shift

Foodservice vs retail split

What next for packaged food?

FOODSERVICE

Sales to Foodservice

Consumer Foodservice

Category Data

MARKET DATA

GLOBAL MACROECONOMIC ENVIRONMENT

GLOBAL INDUSTRY ENVIRONMENT

DISCLAIMER

SOURCES

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