Similar to overall confectionery, in 2024 chocolate confectionery in Singapore is set to see negligible retail volume growth. This is partly due to government efforts to curb health problems such as diabetes and regulate sugar intake, along with increased consumer awareness of the negative impacts of excessive sugar consumption. However, consumer demand has also been sluggish due to the high cost of living, with some consumers prioritising essential purchases. Nevertheless, retail current value...
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 2019-2023, 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 2028, 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
July 2024
List Of Contents And Tables
CHOCOLATE CONFECTIONERY IN SINGAPORE
KEY DATA FINDINGS
2024 DEVELOPMENTS
Chocolate confectionery sees sluggish retail volume growth, but rising prices drive up value growth
Chocolate confectionery players expand their portfolios to increase their growth potential
Shifts in distribution channel as consumer preferences change
PROSPECTS AND OPPORTUNITIES
Flavour innovations set to drive impulse purchases
Health and wellness trend likely to be a growth driver in the forecast period