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Singapore Functional Drinks Market Summary, Competitive Analysis and Forecast to 2027

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    Report

  • 41 Pages
  • November 2023
  • Region: Singapore
  • MarketLine
  • ID: 5786243
Functional Drinks in Singapore industry profile provides top-line qualitative and quantitative summary information including: market size (value and volume 2017-22, and forecast to 2027). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.

Key Highlights

  • The functional drinks market consists of retail sale of sports drinks and energy drinks. Sports drinks are defined as drinks with performance-enhancing properties, described as 'isotonic', 'hypertonic' or 'hypotonic'. Energy drinks are defined as those with energy-enhancing properties; mainly carbonated and containing stimulants such as caffeine, taurine, guarana, glucuronolactone, yerba mate, along with glucose syrup (corn syrup) and maltodextrin. The market is valued according to retail selling price (RSP) and includes any applicable taxes. All currency conversions used in the creation of this report have been calculated using constant annual average 2022 exchange rates.
  • The Singaporean Functional Drinks market had total revenues of $183.8 million in 2022, representing a compound annual growth rate (CAGR) of 2.1% between 2017 and 2022.
  • Market consumption volume increased with a CAGR of 2.6% between 2017 and 2022, to reach a total of 72.2 million liters in 2022.
  • The performance of the market is forecast to accelerate, with an anticipated CAGR of 8.1% for the five-year period 2022 - 2027, which is expected to drive the market to a value of $271.0 million by the end of 2027.

Scope

  • Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the functional drinks market in Singapore
  • Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the functional drinks market in Singapore
  • Leading company profiles reveal details of key functional drinks market players’ global operations and financial performance
  • Add weight to presentations and pitches by understanding the future growth prospects of the Singapore functional drinks market with five year forecasts by both value and volume

Reasons to Buy

  • What was the size of the Singapore functional drinks market by value in 2022?
  • What will be the size of the Singapore functional drinks market in 2027?
  • What factors are affecting the strength of competition in the Singapore functional drinks market?
  • How has the market performed over the last five years?
  • What are the main segments that make up Singapore's functional drinks market?

Table of Contents

1 Executive Summary
1.1. Market value
1.2. Market value forecast
1.3. Market volume
1.4. Market volume forecast
1.5. Category segmentation
1.6. Geography segmentation
1.7. Market share
1.8. Market rivalry
1.9. Competitive landscape
2 Market Overview
2.1. Market definition
2.2. Market analysis
3 Market Data
3.1. Market value
3.2. Market volume
4 Market Segmentation
4.1. Category segmentation
4.2. Geography segmentation
4.3. Market distribution
5 Market Outlook
5.1. Market value forecast
5.2. Market volume forecast
6 Five Forces Analysis
6.1. Summary
6.2. Buyer power
6.3. Supplier power
6.4. New entrants
6.5. Threat of substitutes
6.6. Degree of rivalry
7 Competitive Landscape
7.1. Market share
7.2. Who are the leading players in the Singaporean functional drinks market?
7.3. Which companies have been most successful in increasing their market shares in the last 5 years (2017-2022)?
7.4. Which companies market shares have suffered in the last 5 years (2017-2022)?
7.5. What are the most popular brands in the Singaporean functional drinks market?
8 Company Profiles
8.1. Fraser and Neave Ltd
8.2. T.C. Pharmaceutical Industries Co Ltd
8.3. Yeo Hiap Seng Ltd
8.4. Monster Beverage Corp
9 Macroeconomic Indicators
9.1. Country data
10 Appendix
10.1. Methodology
10.2. Industry associations
10.3. Related research
10.4. About the Publisher
List of Tables
Table 1: Singapore functional drinks market value: $ million, 2017-22
Table 2: Singapore functional drinks market volume: million liters, 2017-22
Table 3: Singapore functional drinks market category segmentation: % share, by volume, 2017-2022
Table 4: Singapore functional drinks market category segmentation: million liters, 2017-2022
Table 5: Singapore functional drinks market geography segmentation: $ million, 2022
Table 6: Singapore functional drinks market distribution: % share, by volume, 2022
Table 7: Singapore functional drinks market value forecast: $ million, 2022-27
Table 8: Singapore functional drinks market volume forecast: million liters, 2022-27
Table 9: Singapore functional drinks market share: % share, by volume, 2022
Table 10: Fraser and Neave Ltd: key facts
Table 11: Fraser and Neave Ltd: Annual Financial Ratios
Table 12: Fraser and Neave Ltd: Key Employees
Table 13: T.C. Pharmaceutical Industries Co Ltd: key facts
Table 14: T.C. Pharmaceutical Industries Co Ltd: Key Employees
Table 15: Yeo Hiap Seng Ltd: key facts
Table 16: Yeo Hiap Seng Ltd: Annual Financial Ratios
Table 17: Yeo Hiap Seng Ltd: Key Employees
Table 18: Monster Beverage Corp: key facts
Table 19: Monster Beverage Corp: Annual Financial Ratios
Table 20: Monster Beverage Corp: Key Employees
Table 21: Singapore size of population (million), 2018-22
Table 22: Singapore gdp (constant 2005 prices, $ billion), 2018-22
Table 23: Singapore gdp (current prices, $ billion), 2018-22
Table 24: Singapore inflation, 2018-22
Table 25: Singapore consumer price index (absolute), 2018-22
Table 26: Singapore exchange rate, 2018-22
List of Figures
Figure 1: Singapore functional drinks market value: $ million, 2017-22
Figure 2: Singapore functional drinks market volume: million liters, 2017-22
Figure 3: Singapore functional drinks market category segmentation: million liters, 2017-2022
Figure 4: Singapore functional drinks market geography segmentation: % share, by value, 2022
Figure 5: Singapore functional drinks market distribution: % share, by volume, 2022
Figure 6: Singapore functional drinks market value forecast: $ million, 2022-27
Figure 7: Singapore functional drinks market volume forecast: million liters, 2022-27
Figure 8: Forces driving competition in the functional drinks market in Singapore, 2022
Figure 9: Drivers of buyer power in the functional drinks market in Singapore, 2022
Figure 10: Drivers of supplier power in the functional drinks market in Singapore, 2022
Figure 11: Factors influencing the likelihood of new entrants in the functional drinks market in Singapore, 2022
Figure 12: Factors influencing the threat of substitutes in the functional drinks market in Singapore, 2022
Figure 13: Drivers of degree of rivalry in the functional drinks market in Singapore, 2022
Figure 14: Singapore functional drinks market share: % share, by volume, 2022

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • Fraser and Neave Ltd
  • T.C. Pharmaceutical Industries Co Ltd
  • Yeo Hiap Seng Ltd
  • Monster Beverage Corp