Singapore Baked Food & Cereals Market Analysis (2013 - 2023)

This data guide on Baked Food & Cereals provides a complete overview of the market during the period 2010-2018, while the forecast data is provided until 2023. The data guide comprises retail sales, of various categories within Baked Food & Cereals, such as Bread, Morning Goods, Breakfast Cereals, Crackers & Savory Biscuits, and Sweet Biscuits, along with their values, volume and channels of distribution. Furthermore, it provides an in-depth analysis of the various segments in the Baked Food & Cereals market, along with their growth perspective, which is expected to help in venturing into specific growth areas.

This guide helps in making well-informed business decisions, primarily regarding the latest market trends and product developments. Extensive secondary and primary researches/interviews are conducted as a part of the market analysis.

The Singapore Baked Food & Cereals market registered a growth of 4.02% to reach 771 SGD Mn in 2018. Sandwich Biscuits constitute the leading segment in Sweet Biscuits category, which recorded a per capita consumption of 0.4436 Kg in 2018. On the other hand, Madeleines is the fastest growing segment in the Morning Goods category. The bread category is expected to reach 400.26169868 by 2023, witnessing a healthy CAGR of 4.48%. Among distribution channels, Supermarkets and Hypermarkets are the preferred destinations among the populace.

Some of the Key Takeaways

Plain Crackers constitute the leading segment in Crackers & Savory Biscuits category which has a per capita consumption of 0.2376 Kg in 2018.
The Waffles segment is expected to witness a healthy value CAGR of 6.36% during the forecast period.
Bread Substitutes accounts for the smallest share in the Crackers & Savory Biscuits category, which is expected to witness a CAGR of 5.32% during the forecast period.