The Singapore ice-cream market reached around USD 584.35 Million in 2024. The market is projected to grow at a CAGR of 4.20% between 2025 and 2034, reaching almost USD 881.76 Million by 2034.
As compared to 2018, the sale of impulse ice-creams recorded a significant growth. Besides, take-home ice cream consumption reached $86.4 million by value, constituting two thirds of all ice-cream sales.
Technological developments in dairy substitution processes are expected to drive ingredient-based innovations, such as allergen-free, lactose-free, and gluten-free ice-cream ingredients. Rising health consciousness among people is expected to enhance the demand for ketogenic and high-protein protein creams, which cater to consumers' palates and help them stay fit. In 2022, the total sales of vegan ice-creams reached $5.5 million by value. Thus, they represent a significant growth opportunity for major market players.
Strawberry, hazelnut, and fruity flavours are expected to emerge as popular ice-cream flavours among consumers in the country in the forecast period.
Singapore Ice-Cream Market Growth
Ice-cream imports into Singapore grew at a CAGR of over 10% between 2018 and 2022. France supplied USD $16.5 million of ice-cream to Singapore, which grew at a CAGR of 34% between 2018 and 2022. This made France the leading ice-cream supplier to Singapore, followed by Thailand (9.8 million) and Malaysia (USD $11.8 million). Japan remains an important ice-cream supplier to Singapore.As compared to 2018, the sale of impulse ice-creams recorded a significant growth. Besides, take-home ice cream consumption reached $86.4 million by value, constituting two thirds of all ice-cream sales.
Technological developments in dairy substitution processes are expected to drive ingredient-based innovations, such as allergen-free, lactose-free, and gluten-free ice-cream ingredients. Rising health consciousness among people is expected to enhance the demand for ketogenic and high-protein protein creams, which cater to consumers' palates and help them stay fit. In 2022, the total sales of vegan ice-creams reached $5.5 million by value. Thus, they represent a significant growth opportunity for major market players.
Strawberry, hazelnut, and fruity flavours are expected to emerge as popular ice-cream flavours among consumers in the country in the forecast period.
Singapore Ice-Cream Industry Segmentation
Singapore Ice-cream Market Report and Forecast 2025-2034 offers a detailed analysis of the market based on the following segments:Market Breakup by Flavour
- Chocolate
- Fruit
- Vanilla
- Others
Market Breakup by Category
- Impulse Ice-Cream
- Take-Home Ice-Cream
- Artisanal Ice-Cream
Market Breakup by Product Type
- Cup
- Stick
- Cone
- Brick
- Tub
- Others
Market Breakup by End Use
- Food Service
- Retailers
Market Breakup by Distribution Channel
- Hypermarkets/Supermarkets
- HoReCa
- Convenience Stores
- Online Channel
- Others
Singapore Ice-Cream Market Share
Based on category, the market is divided into impulse ice-cream, take-home ice-cream, and artisanal ice-cream, among others. Over the forecast period of 2025-2034, artisanal ice-cream is projected to grow at a CAGR of 4.5% as it is made from fresh and high-quality ingredients. The increasing number of artisanal ice-cream shops in the country is also propelling the market.Leading Companies in the Singapore Ice-Cream Market
The development of Solein, which contains 80% proteins and nearly 10% digestive fibres, is expected to drive ice-cream demand among health-conscious consumers. This is because solein is a microbial protein which is created from water and air and is considered to be the world's most sustainable protein.- UDDERS ICE-CREAM
- Birds of Paradise
- Creamier Handcrafted Ice-cream & Coffee
- Avenue Creamery Pte Ltd.
- Lickers
- DOPA
- Kind Kones
- Toms Palette
- FATCAT Ice-cream Pte Ltd.
- Others
Table of Contents
1 Executive Summary
2 Market Overview and Stakeholder Insights
3 Economic Summary
4 Country Risk Profiles
5 Asia Pacific Ice-Cream Market Overview
6 Singapore Ice-Cream Market Overview
7 Singapore Ice-Cream Market by Flavour
8 Singapore Ice-Cream Market by Category
9 Singapore Ice-Cream Market by Product Type
10 Singapore Ice-Cream Market by End Use
11 Singapore Ice-Cream Market by Distribution Channel
12 Market Dynamics
13 Competitive Landscape
Companies Mentioned
- UDDERS ICE CREAM
- Birds of Paradise
- Creamier Handcrafted Ice Cream & Coffee
- Avenue Creamery Pte Ltd.
- Lickers
- DOPA
- Kind Kones
- Toms Palette
- FATCAT Ice Cream Pte Ltd.