Singapore Drinking Milk Products

Drinking Milk Products in Singapore

Fresh milk is generally preferred over shelf stable milk by consumers in Singapore, with higher sales historically. This is set to continue in 2024, with fresh milk expected to account for a 57% share of total volume sales of cow’s milk. However, in retail, the share of volume sales accounted for by fresh milk is expected to be higher, at over three quarters of sales. This is primarily due to the perceived better taste of fresh milk, its higher nutritional quality, and the high penetration rate...

Euromonitor International's Drinking Milk Products 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: Flavoured Milk Drinks, Milk, Powder Milk.

Data coverage: market sizes (historic and forecasts), company shares, brand shares and distribution data.

Why buy this report?
* Get a detailed picture of the Drinking Milk Products 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.