The global energy crunch in 2022 led to cost inflation which adversely impacted Singapore’s import-reliant snacks industry, resulting in price-sensitive consumers’ shift to favouring snacks in larger pack sizes which offer better value for money. However, this trend was in stark contrast to the growing health and wellness trend, whereby there is an increased emphasis on snack consumption in moderation, hence pushing the purchase of multipacks. The multipack format accommodates for portion contro...
Euromonitor International's HW Snacks in Singapore report tracks the developments of health-associated product types and the healthy-option positioning of competing brands across different food sectors. It provides the latest retail sales data 2018-2022, allowing you to compare health and wellness categories with each other or in the context of the total market for a sector. It identifies the leading companies, the leading brands and offers strategic analysis of key factors influencing the market- be they new product developments, legislative context or lifestyle influences. Forecasts to 2027 illustrate how the market is set to change.
Product coverage: HW Confectionery, HW Ice Cream, HW Savoury Snacks, HW Snacks by Type, HW Sweet Biscuits, Snack Bars and Fruit Snacks.
Data coverage: market sizes (historic and forecasts), company shares, brand shares and distribution data.
Why buy this report? * Get a detailed picture of the HW Snacks 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.
HW Snacks in Singapore
Euromonitor International
January 2024
List Of Contents And Tables
HW SNACKS IN SINGAPORE
KEY DATA FINDINGS
2022 DEVELOPMENTS
Cost of inflation weighs in on health and wellness trend
2022 sees natural in the lead in health and wellness snacks amid consumer desire to eat better
Hypoallergenic appeals to more consumers with dietary concerns
PROSPECTS AND OPPORTUNITIES
Strong demand for healthier snacks expected over the forecast period
Growth predicted for vegan and plant-based snacks, driven by changing lifestyles and concerns over environment and animal welfare
Niche of brain health and memory offers potential as consumers look to specific health claims to support metabolism
CATEGORY DATA
Table 1 Sales of Snacks by Health and Wellness Type: Value 2019-2022
Table 2 Sales of Snacks by Health and Wellness Type: % Value Growth 2019-2022
Table 3 Company Shares of Gluten Free Snacks (Biggest HW Type in Global Snacks): % Value 2019-2022
Table 4 Company Shares of Vegetarian Snacks (2nd Biggest HW Type in Global Snacks): % Value 2019-2022
Table 5 Company Shares of Organic Snacks (3rd Biggest HW Type in Global Snacks): % Value 2019-2022
Table 6 Company Shares of Vegan Snacks (4th Biggest HW Type in Global Snacks): % Value 2019-2022
Table 7 Company Shares of No Allergens Snacks (5th Biggest HW Type in Global Snacks): % Value 2019-2022
Table 8 Forecast Sales of Snacks by Health and Wellness Type: Value 2022-2027
Table 9 Forecast Sales of Snacks by Health and Wellness Type: % Value Growth 2022-2027