Demand for ice cream is expected to continue growing in both retail volume and current value terms in 2023, driven by consumers’ desire for indulgence, yet growth is set to be at more moderate rates than in 2022. In retail volume terms, apart from plant-based ice cream, bulk dairy ice cream is expected to continue to see the fastest growth, as take-home ice cream continues to be popular, fuelled by the persistence of pandemic habits and the convenience of at-home consumption, which is contributi...
Euromonitor International's Ice Cream 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.
Data coverage: market sizes (historic and forecasts), company shares, brand shares and distribution data.
Why buy this report? * Get a detailed picture of the Ice Cream 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.
Ice Cream in Singapore
Euromonitor International
June 2023
List Of Contents And Tables
ICE CREAM IN SINGAPORE
KEY DATA FINDINGS
2023 DEVELOPMENTS
Bulk dairy ice cream continues to drive sales and growth due to appeal of at-home consumption
Consumers’ unwavering brand loyalty amidst price rises for ice cream
While hotter summer weather boosts ice cream consumption, brands and retailers face rising energy costs
PROSPECTS AND OPPORTUNITIES
Product innovation set to drive strong growth as consumers seek novelty