With the rising cost of raw materials for chocolate confectionery, such as dairy ingredients, cocoa beans, sugar, and oil, many brands are actively seeking ways to improve their profit margins, such as reducing production costs by pushing product ranges which are lower-cost, or reformulating their existing product ranges to refresh the products with lower-cost ingredients. Increasingly, many companies have been adding wafers or fruits into their chocolate products to reduce the amount of chocola...
Euromonitor International's Chocolate Confectionery in Singapore report offers in-depth knowledge of the market at a national level, providing local insight and understanding unavailable elsewhere. In addition to the latest retail sales data 2018-2022, it identifies the leading companies, brands and retail outlets, and assesses the key trends and demographic shifts behind consumer demand and sales growth. How key trends such as health and wellness, sustainability and recovery from the pandemic are shaping the market in <|Year|> directly informs our forecasts to 2027, clearly indicating how the market is expected to change.
Product coverage: Boxed Assortments, Chocolate Pouches and Bags, Chocolate with Toys, Countlines, Other Chocolate Confectionery, Seasonal Chocolate, Tablets.
Data coverage: market sizes (historic and forecasts), company shares, brand shares and distribution data.
Why buy this report? * Get a detailed picture of the Chocolate Confectionery market; * Pinpoint growth sectors and identify factors driving change; * Understand the competitive environment, the market’s major players and leading brands; * Use five-year forecasts to assess how the market is predicted to develop.
Chocolate Confectionery in Singapore
Euromonitor International
June 2023
List Of Contents And Tables
CHOCOLATE CONFECTIONERY IN SINGAPORE
KEY DATA FINDINGS
2023 DEVELOPMENTS
Tighter cost management by brands to improve profit margins
Higher value growth as brands respond to the growing health and wellness trend
Flavours and functional innovations continue as brands compete for consumers
PROSPECTS AND OPPORTUNITIES
Uneven growth across categories over the forecast period