Singapore Frozen Food Market Size and Forecast by Type (Frozen ready meals, Frozen pizza, Frozen Fish/Seafood, Frozen meat, Frozen potato products, Frozen bakery products), by Distribution Channel (Online, Offline) and Trend Analysis, 2014-2024

  • ID: 4576002
  • Report
  • Region: Singapore
  • 50 pages
  • Hexa Research
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FEATURED COMPANIES

  • Ben Foods Pte Ltd
  • CS Tay Foods Pvt Ltd
  • Ken Ken Food Mfg. Pvt Ltd
  • MORE
Singapore frozen food market is expected to be valued at USD 141.4 Million By 2024. Singapore is the tourist hub of Asia Pacific region, the country is expected to have huge food industry with many restaurants, hotels, airline caterers, hospitals, ship handlers, and clubs. Singapore tends to be a strategic entry point for key exporters who are looking to tap into the vast regional market. Furthermore, well established judicial system, stable political structure, good corporate governance, and presence of strong domestic institutions have made Singapore the favourite destination for business setup and operations.

Growing urbanization coupled with rising disposable income is expected to be one of among the key drivers for the rise in purchasing power of frozen food products by local people. Frozen food market in Singapore is on the edge of further expansion owing to the rapid expansion of food outlets along with reduced tariff barriers on frozen food imports by the government. However, highly priced frozen food products from multinational brands are expected to hamper the overall frozen food segment in Singapore but, sophisticated health-conscious adults, as well as teenagers, are ready to pay premium prices for the superior quality provided.

Frozen meat products are the largest segment of the frozen food market in Singapore, accounting for a maximum market revenue share of more than 30% in the year 2016 and is expected to grow at a healthy CAGR owing to changing the perception of local people of Singapore towards frozen meat and seafood products on a positive scale.

Singapore is the tourist hub of the Asia Pacific region, the country is expected to have huge food industry with many restaurants, hotels, airline caterers, hospitals, ship handlers, and clubs. Singapore tends to be a strategic entry point for key exporters who are looking to tap into the vast regional market. The trend for ready meals and convenience food is further expected to drive the growth of frozen food market in Singapore.

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Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • Ben Foods Pte Ltd
  • CS Tay Foods Pvt Ltd
  • Ken Ken Food Mfg. Pvt Ltd
  • MORE
Chapter 1. Market Summary
1.1. Market trends & movement

Chapter 2. Singapore frozen food Market Trends: Drivers & Opportunities
2.1. Introduction
2.2. Key industry trends
2.2.1. Market drivers
2.2.2. Market Restraints
2.3. Porter's Five Forces analysis
2.4. Value chain analysis

Chapter 3. Singapore frozen food Market, By Food Type
3.1. Singapore frozen food movement, by food-type, 2016 & 2024
3.1.1. Frozen ready meals
3.1.1.1. Market estimates and forecast, 2014 - 2024 (USD Million)
3.1.2. Frozen pizza
3.1.2.1. Market estimates and forecast, 2014 - 2024 (USD Million)
3.1.3. Frozen fish/seafood
3.1.3.1. Market estimates and forecast, 2014 - 2024 (USD Million)
3.1.4. Frozen Meat
3.1.4.1. Market estimates and forecast, 2014 - 2024 (USD Million)
3.1.5. Frozen potato products
3.1.5.1. Market estimates and forecast, 2014 - 2024 (USD Million)
3.1.6. Frozen bakery products
3.1.6.1. Market estimates and forecast, 2014 - 2024 (USD Million)
3.1.7. Others
3.1.7.1. Market estimates and forecast, 2014 - 2024 (USD Million)

Chapter 4. Singapore frozen food Market, By Distribution Channel
4.1. Singapore frozen food movement, by Distribution Channel, 2016
4.1.1. Online
4.1.2. Offline

Chapter 5. Competitive Landscape
5.1. Competitive landscape analysis, 2014
5.2. Company Market Share (%)
5.3. Strategic framework
5.4. Company profiles
5.4.1. Ben Foods Pte Ltd
5.4.1.1. Company Overview
5.4.1.2. Product Benchmarking
5.4.1.3. Financial Performance
5.4.1.4. Recent Initiatives
5.4.2. CS Tay Foods Pvt Ltd
5.4.2.1. Company Overview
5.4.2.2. Product Benchmarking
5.4.2.3. Financial Performance
5.4.2.4. Recent Initiatives
5.4.3. Charoen Pokphand Intertrade Pvt Ltd
5.4.3.1. Company Overview
5.4.3.2. Product Benchmarking
5.4.3.3. Financial Performance
5.4.3.4. Recent Initiatives
5.4.4. Auric Pacific Group Limited
5.4.4.1. Company Overview
5.4.4.2. Product Benchmarking
5.4.4.3. Financial Performance
5.4.4.4. Recent Initiatives
5.4.5. Ken Ken Food Mfg. Pvt Ltd
5.4.5.1. Company Overview
5.4.5.2. Product Benchmarking
5.4.5.3. Financial Performance
5.4.5.4. Recent Initiatives

List of Tables
1. Market driver analysis
2. Market restraint analysis
3. Singapore frozen food market, 2014-2024 (USD Million)
4. Singapore frozen food market, by food type, 2014-2024 (USD Million)

List of Figures
1. Market segmentation
2. Porters five forces analysis
3. Value chain analysis
4. Singapore frozen food market, by food type, 2016 - 2024 (USD Million)
5. Singapore frozen food market, by frozen ready meals, 2014-2024 (USD Million)
6. Singapore frozen food market, by frozen pizza, 2014-2024 (USD Million)
7. Singapore frozen food market, by frozen fish/seafood, 2014-2024 (USD Million)
8. Singapore frozen food market, by frozen meat, 2014-2024 (USD Million)
9. Singapore frozen food market, by frozen potato products, 2014-2024 (USD Million)
10. Singapore frozen food market, by frozen bakery products, 2014-2024 (USD Million)
11. Singapore frozen food market, by other frozen products, 2014-2024 (USD Million)
12. Singapore frozen food market movement, by distribution channel, 2016 (USD Million)
Note: Product cover images may vary from those shown
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  • Ben Foods Pte Ltd
  • CS Tay Foods Pvt Ltd
  • Charoen Pokphand Intertrade Pvt Ltd
  • Auric Pacific Group Limited
  • Ken Ken Food Mfg. Pvt Ltd
Note: Product cover images may vary from those shown
5 of 4
Note: Product cover images may vary from those shown
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