Top Growth Opportunities: Dairy & Soy in Singapore
Table of Contents
1. Introducing a top growth market for dairy & soy food
Top 10 global growth opportunities scores
Top global issues
Assessment against global strategic issues
GlobalData’s strategic issues map
Predicted future issues for the global sector
Strategic issues map - pitfalls and opportunities
Reward and risk assessment
Opportunity score - overview
Consumer spending trends - peer group comparisons
Political, Economic, Social, and Technological: Analysis
Enablers and inhibitors of growth
Rewards and opportunities for growth
Summary of the market
2. Market insight - identifying the opportunities to move into
Sector growth by category
Value growth of the sector by category
Volume growth of the sector by category
Level of premiumization by category
Category analysis - key drivers of change
3. Retail and distribution insight - key channels and retailers driving growth
Dairy & Soy Food retail channel share
Key Retail Channel trends
Routes to market
Drivers of change in the sector
4. Company and brand insight - the competitive landscape defined
Category fragmentation
Company and brand strength
Private label penetration
Brand share by leading trademark owner
International and domestic trademark owner analysis
Company and brand strength summary
5. Consumer insight - who, what, when, where, and why
Key consumer drivers
Key consumer trends
Consumer groups
Key Health & Wellness trends
Key Health & Wellness trends’ contribution to growth
Penetration of Health & Wellness claims by category
Consumer trends summary
6. Product and packaging insights
Key Product Insights
Trends and strategic issues - other notable product trends
Key product innovation case studies
Key Packaging Insights
Trends and strategic issues
Product launch key takeouts
7. White spaces and innovation opportunities - space to move into
Growth segments to target
Segment opportunities
Consumer spaces to target
8. Appendix
Top Growth Opportunities: Dairy & Soy in Singapore
Summary
Top Growth Opportunities for Dairy & Soy in Singapore provides recommended actions and detailed analysis of how to target the best growth opportunities for Dairy & Soy producers and retailers. Readers can understand what categories, channels, companies, and consumers will drive the success of Dairy & Soy markets in Singapore through GlobalData’s detailed and robust data, expert insight, and case studies.
GlobalData’s Top Growth Opportunity reports use a risk versus reward opportunity model to identify the best growth markets for Dairy & Soy producers. Through this in-depth study of market and category dynamics, readers are able to identify key opportunities, and what they need to do in order to target them.
Among the top 10 high-potential countries, the Singaporean Dairy & Soy sector ranked seventh on the GlobalData Opportunity Score and was valued at US$857.5 million in 2018. Supported by solid GDP growth of 3.2% in 2018 and continued positive macroeconomic performance, the Singaporean Dairy & Soy sector is poised to witness value growth at a CAGR of 6.0% over 2018-2023. Furthermore, consumer confidence and expenditure has been maintained despite the country being in the crossfire of the US-China Trade War. To counter the effects of this trade war, the Singaporean Government is implementing its Industry 4.0 scheme, to become the leader in technological innovation in the region
Get access to -
- Key consumer demographic groups driving consumption within the Singaporean market. Improve your consumer targeting by understanding who’s driving the market, what they want, and why
- A study of market value and volumes over 2013-2018 for the Singaporean, supplemented with category, brand and packaging analysis that shows the current state of the market, and how it will evolve over the 2018-2023 period
- White space analysis, to pinpoint attractive spaces in the market and the key actions to take
- Insight into the implications behind the data, and analysis of how the consumer needs will evolve in the short-to-medium term future
- Examples of international and regional product innovation targeting key consumer needs
Scope
- The Singaporean economy is experiencing solid growth, driven by steady consumer confidence and . However, this growth is slower than its regional neighbours, in part due to its relatively slow adoption of disruptive technologies compared to other ASEAN countries
- The Singaporean Dairy & Soy sector will register strong value growth of 6.0% CAGR 2018-2023, higher than the 3.9% volume growth forecasted for the same period
- Hypermarkets & Supermarkets accounted for the largest channel in the Singaporean Dairy & Soy sector, whilst simultaneously recording the fastest growth compared to all other channels
Reasons to buy
- This report brings together consumer analysis and market data to provide actionable insight into the behavior of the Singaporean Dairy & Soy consumers.
- This is based on GlobalData's unique consumer data, developed from extensive consumption surveys and consumer group tracking, which quantifies the influence of 20 consumption motivations in the Dairy & Soy sector.
- Category, brand, and packaging dynamics are also examined. This allows product and marketing strategies to be better aligned with the leading trends in the market.