Singapore Meat - Market Assessment and Forecasts to 2028
Description
Singapore Meat - Market Assessment and Forecasts to 2028
Summary
The Singaporean meat sector is expected to grow from SGD2,302.8 million ($1,714.5 million) in 2023 to SGD2,459.2 million ($1,803.8 million) in 2028, registering a CAGR of 1.3%. In volume terms, the sector is expected to decrease from 172.7 million kg in 2023 to 168 million kg in 2028, declining at a negative CAGR of 0.5%. Chilled raw packaged meat - whole cuts was the largest category in 2023, with value sales of SGD1,159.1 million, while the cooked meats - counter category is forecast to register the fastest value growth at a CAGR of 10.1% during 2023-28. Among the distribution channel food & drinks specialists was the largest distribution channel. Frangosul JBS AVES LTDA, Charoen Pokphand Group, and Porkee Sausage were the top three companies in the Singaporean meat sector.
Scope
Summary
The Singaporean meat sector is expected to grow from SGD2,302.8 million ($1,714.5 million) in 2023 to SGD2,459.2 million ($1,803.8 million) in 2028, registering a CAGR of 1.3%. In volume terms, the sector is expected to decrease from 172.7 million kg in 2023 to 168 million kg in 2028, declining at a negative CAGR of 0.5%. Chilled raw packaged meat - whole cuts was the largest category in 2023, with value sales of SGD1,159.1 million, while the cooked meats - counter category is forecast to register the fastest value growth at a CAGR of 10.1% during 2023-28. Among the distribution channel food & drinks specialists was the largest distribution channel. Frangosul JBS AVES LTDA, Charoen Pokphand Group, and Porkee Sausage were the top three companies in the Singaporean meat sector.
Scope
- Per capita consumption and expenditure of meat was higher in Singapore than both the global and regional levels in 2023.
- The per capita consumption of chilled raw packaged meat - whole cuts was higher than other meat categories in 2023
- Food & drinks specialists was the leading distribution channel in the Singaporean meat sector, with a value share of 65.41% in 2023
- Rigid plastics accounted for a share of 50.2% in 2023
- Identify high potential categories and explore further market opportunities based on detailed value and volume analysis
- Existing and new players can analyze key distribution channels to identify and evaluate trends and opportunities
- Gain an understanding of the total competitive landscape based on detailed company share analysis to plan effective market positioning
- Our team of analysts have placed a significant emphasis on changes expected in the market that will provide a clear picture of the opportunities that can be tapped over the next five years, resulting in revenue expansion
- Analysis on key macro-economic indicators such as real GDP, nominal GDP, consumer price index, household consumption expenditure, population (by age group, gender, rural-urban split, and employed people and unemployment rate. It also includes economic summary of the country along with labor market and demographic trends.
Table of Contents
126 Pages
- Report scope
- Executive Summary
- Market Environment
- Value and Volume Share of Singapore in the Global and Asia-Pacific Markets
- Growth Analysis of Singapore Compared to Other Leading Countries in the Asia-Pacific Market
- PCC and PCE of Singapore Compared to the Global and Asia-Pacific Markets
- Sector Deep Dive
- Singapore Meat Sector Snapshot
- Market Size Analysis
- Cross-Category Comparison - Value Growth Analysis and Category Winners and Losers
- Cross-Category Comparison - Volume Growth Analysis and Category Winners and Losers
- Category Deep Dive
- Per Capita Consumption Analysis by Category
- Market Size Analysis - Category: Ambient Meat
- Segment-level Analysis (In Value Terms) - Ambient Meat
- Segment-level Analysis (In Volume Terms) - Ambient Meat
- Market Size Analysis - Category: Chilled Raw Packaged Meat - Processed
- Segment-level Analysis (In Value Terms) - Chilled Raw Packaged Meat - Processed
- Segment-level Analysis (In Volume Terms) - Chilled Raw Packaged Meat - Processed
- Market Size Analysis - Category: Chilled Raw Packaged Meat - Whole Cuts
- Segment-level Analysis (In Value Terms) - Chilled Raw Packaged Meat - Whole Cuts
- Segment-level Analysis (In Volume Terms) - Chilled Raw Packaged Meat - Whole Cuts
- Market Size Analysis - Category: Cooked Meats - Counter
- Market Size Analysis - Category: Cooked Meats - Packaged
- Segment-level Analysis (In Value Terms) - Cooked Meats - Packaged
- Segment-level Analysis (In Volume Terms) - Cooked Meats - Packaged
- Market Size Analysis - Category: Fresh Meat (Counter)
- Segment-level Analysis (In Value Terms) - Fresh Meat (Counter)
- Segment-level Analysis (In Volume Terms) - Fresh Meat (Counter)
- Market Size Analysis - Category: Frozen Meat
- Segment-level Analysis (In Value Terms) - Frozen Meat
- Segment-level Analysis (In Volume Terms) - Frozen Meat
- Distribution Analysis
- Channel Share Analysis
- Competitive Environment
- Leading Companies - Value and Volume Shares
- Brand Share Analysis of Top Five Companies
- Brand Share Analysis of Top Five Companies by Category
- Private Label Share Analysis by Category
- Growth of Private Labels Compared to Branded Products
- Degree of Consolidation/Fragmentation by Category
- Health & Wellness Analysis
- Health & wellness analysis by category
- Health & wellness analysis by product attributes
- Health & wellness analysis by consumer benefits
- Cross category comparison- products with H&W Vs. non H&W claims
- Packaging Analysis
- Pack Material Growth Analysis
- Pack Type Growth Analysis
- Closure Type Growth Analysis
- Primary Outer Type Growth Analysis
- Consumergraphics
- Demographic Analysis
- Macroeconomic Analysis
- GDP Growth and Inflation
- Population Growth
- Labor Market Trend
- Economic Summary, Labor Market Trends, and Demographic Trends
- Singapore Risk Index (GCRI) 2023
- Singapore Risk Analysis - Compared to Global and Asia-Pacific Markets
- Methodology
- Definitions
- Appendix
- List of Tables
- Leading Value Categories
- Leading Categories (Volume), 2023
- Cross-Category Comparison - By Value (2018-2028)
- Cross-Category Comparison - By Volume (2018-2028)
- Per Capita Consumption (by Category), Singapore Compared to Asia-Pacific and Global Levels (in Units), 2023
- Segment-Level Analysis (in Value Terms) - Ambient meat
- Segment-Level Analysis (in Volume Terms) - Ambient meat
- Segment-Level Analysis (in Value Terms) - Chilled raw packaged meat - processed
- Segment-Level Analysis (in Volume Terms) - Chilled raw packaged meat - processed
- Segment-Level Analysis (in Value Terms) - Chilled raw packaged meat - whole cuts
- Segment-Level Analysis (in Volume Terms) - Chilled raw packaged meat - whole cuts
- Segment-Level Analysis (in Value Terms) - Cooked meats - packaged
- Segment-Level Analysis (in Volume Terms) - Cooked meats - packaged
- Segment-Level Analysis (in Value Terms) - Fresh meat (counter)
- Segment-Level Analysis (in Volume Terms) - Fresh meat (counter)
- Segment-Level Analysis (in Value Terms) - Fresh meat (counter)
- Segment-Level Analysis (in Volume Terms) - Fresh meat (counter)
- Change in Distribution Share, 2018-2023
- Top Five Companies Share By Brand (in Value and Volume Terms) in the meat Sector, 2023
- Brand Shares of Top Five Companies (in Value and Volume Terms) by Category, 2023
- Category comparison - with H&W claims and non-H&W claims, 2018-23
- Use of primary type by category (in pack units), 2023
- Performance Overview (Score: 1-100)
- Category Data, By Segment
- Per Capita Consumption (in Units), 2018-2028
- Per Capita Expenditure ($), 2018-2028
- Meat sales Distribution in Singapore - By Category (SGD Million), 2023
- Brand Share (in Value and Volume Terms) in the Meat Sector, 2023
- Brand Share (in Value and Volume Terms) in the Meat Sector, By Category, 2023
- Key health & wellness product attributes driving sales in Singapore ($ million), 2018-23
- Key health & wellness consumer benefits driving sales in Singapore ($ million), 2018-23
- Pack Material (in Million Pack Units), 2018-2028
- Pack Materials by Category (in Million Pack Units), 2023
- Pack Type (in Million Pack Units), 2018-2028
- Pack Types by Category (in Million Pack Units), 2023
- Closure Type (in Million Pack Units), 2018-2028
- Closure Types by Category (in Million Pack Units), 2023
- Primary Outer Type (in Million Pack Units), 2018-2028
- Primary Outer Types by Category (in Million Pack Units), 2023
- Real GDP and Annual Growth (%), 2020-2028
- Nominal GDP and Annual Growth (%), 2020-2028
- Consumer Price Inflation (%), 2020-2028
- Employed People and Unemployment Rate (%), 2020-2028
- Nominal Household Final Consumption Expenditure and Annual Growth (%), 2020-2028
- Population and Annual Growth (%), 2020-2028
- Population by Age Group (%)
- Population by Gender (%)
- Population by Rural-Urban Split (%)
- List of Figures
- Value and Volume Shares of Singapore in the Global and Asia-Pacific meat Sector, 2023 -2026
- Singapore Compared to the Other Top Countries in Terms of Market Share, Growth, and the Competitive Landscape
- PCC Comparison - Singapore, Asia-Pacific, and Global, 2018-2028
- PCE Comparison - Singapore, Asia-Pacific, and Global, 2018-2028
- Market Size and Growth Analysis by Value and Volume, meat Sector, 2018-2028
- Cross-Category Comparison - Value Growth Analysis and Category Winners and Losers
- Cross-Category Comparison - Volume Growth Analysis and Category Winners and Losers
- Market Size and Growth Analysis by Value and Volume, Ambient meat Category, 2018-2028
- Market Size and Growth Analysis by Value and Volume, Chilled raw packaged meat - processed, 2018-2028
- Market Size and Growth Analysis by Value and Volume, Chilled raw packaged meat - whole cuts Category, 2018-2028
- Market Size and Growth Analysis by Value and Volume, Cooked meats - counter Category, 2018-2028
- Market Size and Growth Analysis by Value and Volume, Cooked meats - packaged, Category, 2018-2028
- Market Size and Growth Analysis by Value and Volume, Fresh meat (counter), Category, 2018-2028
- Market Size and Growth Analysis by Value and Volume, Fresh meat (counter), Category, 2018-2028
- Share of Key Distribution Channels (in Value Terms) - meat, 2023
- Key Distribution Channel Share by Category (in Value Terms), 2023
- Leading Companies (in Value and Volume Terms) in the meat Sector, 2023
- Private Label Penetration by Category (in Value Terms), 2023
- Growth Analysis, Private Label and Brands, 2018-2028
- Category-Wise Consolidation/Fragmentation (in Value Terms) - meat , 2023
- Prominence of health & wellness claims by category, $ million, 2018-23
- Contribution of health & wellness by product attributes, $ million, 2018-23
- Contribution of health & wellness by consumer benefits, $ million, 2018-23
- Key Pack Materials in the Singaporean meat Sector by Percentage Share of Pack Units, 2023
- Annual Growth Rate by Key Pack Material, 2018-2028
- Use of Pack Material by Category (in Pack Units), 2023
- Key Pack Types in the Singaporean meat Sector by Percentage Share of Pack Units, 2023
- Annual Growth Rate by Key Pack Type, 2018-2028
- Use of Pack Type by Category (in Pack Units), 2023
- Key Closure Types in the Singapore meat Sector by Percentage Share of Pack Units, 2023
- Annual Growth Rate by Key Closure Type, 2018-2028
- Use of Closure Type by Category (in Pack Units), 2023
- Key Primary Outer Types in the Singapore meat Sector by Percentage Share of Pack Units, 2023
- Annual Growth Rate by Key Primary Outer Type, 2018-2028
- Demographic Analysis
- Real GDP (SGD Billion) and Annual Growth (%)
- Nominal GDP (SGD Billion) and Annual Growth (%)
- Consumer Price Inflation (%)
- Nominal Household Final Consumption Expenditure Growth (%) in SGD Terms
- Population (Million) and Annual Growth (%)
- Population by Age Group (%)
- Population by Gender (%)
- Population by Rural-Urban Split (%)
- Employed People (Million) and Unemployment Rate (%)
- Economic Summary, Labor Market Trends, and Demographic Trends
- Five Lowest-Risk Nations in GCRI Q1 2024
- Five Highest-Risk Nations in GCRI Q1 2024
- Singapore's Performance in Country Risk Analysis in Comparison to Asia-Pacific and the World
- List of 108 Countries Analyzed to Identify the High-Potential Countries in Different Regions
Pricing
Currency Rates
Questions or Comments?
Our team has the ability to search within reports to verify it suits your needs. We can also help maximize your budget by finding sections of reports you can purchase.
