Organic Food in Singapore industry profile provides top-line qualitative and quantitative summary information including: market size (value 2019-24, and forecast to 2029). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Key Highlights
- Organic food refers to food products that are grown and produced using methods that avoid the use of synthetic pesticides, chemical fertilizers, genetically modified organisms (GMOs), and artificial additives. Market values considered based on retail selling price (RSP).
- The Singaporean organic food market recorded revenues of $17.6 million in 2024, representing a negative compound annual growth rate (CAGR) of 0.02% between 2019 and 2024.
- The meat, fish & poultry segment accounted for the market's largest proportion in 2024, with total revenues of $8.5 million, equivalent to 48.0% of the market's overall value.
- The contraction of the Singaporean organic food market during 2019-24 is primarily due to the confluence of supply, cost, and consumer factors. According to the Singapore Food Agency (SFA), local vegetable production fell by 3.0% in 2024, while seafood yields plummeted by 14.0% due to farm closures, rising operating and energy costs, and regulatory costs like paying for sea-space licences.
Report Scope
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the organic food market in Singapore
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the organic food market in Singapore
- Leading company profiles reveal details of key organic food market players’ global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the Singapore organic food market with five year forecasts
Reasons to Buy
- What was the size of the Singapore organic food market by value in 2024?
- What will be the size of the Singapore organic food market in 2029?
- What factors are affecting the strength of competition in the Singapore organic food market?
- How has the market performed over the last five years?
- What are the main segments that make up Singapore's organic food market?
Table of Contents
1 Executive Summary
2 Market Overview
3 Market Data
4 Market Segmentation
5 Market Outlook
6 Five Forces Analysis
7 Competitive Landscape
8 Company Profiles
9 Macroeconomic Indicators
10 Appendix
List of Tables
List of Figures
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- NTUC FairPrice Co-operative Ltd
- Isetan (Singapore) Ltd
- Zenxin Agri-Organic Food Sdn Bhd
- SuperNature Pte Ltd
