Ice Cream in Singapore

Overall retail volume sales of ice cream in Singapore are expected to see only low growth in 2024. In this year, unit prices have continued to rise due to persistent cost pressure on raw materials such as milk, sugar, and cocoa beans, which are key ingredients for ice cream production, as well as increased transportation costs. Coupled with the rising cost of living, local consumers are becoming more cautious with their spending, resulting in reduced expenditure on snacks, including ice cream. H

The Ice Cream 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 directly informs our forecasts to 2028, clearly indicating how the market is expected to change.

Product coverage: Frozen Yoghurt, Impulse Ice Cream, Plant-based Ice Cream, Take-Home Ice Cream, Unpackaged Ice Cream.

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

Why buy this report?

• Get a detailed picture of the Ice Cream 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.