A modest growth trajectory is forecasted for the Singapore hot drinks market, with an expected increase of USD 157.2 million and a compound annual growth rate (CAGR) of roughly 4.5% from 2024 through 2029. Singapore’s hot drinks market is characterized by a sophisticated coffee culture, with consumers increasingly seeking premium and artisanal options. The rising trend of health and wellness is also influencing the demand for herbal teas and specialty beverages.
This report presents a detailed overview of the Singapore hot drinks industry, including key data on historical market size, growth rates, and future trends. It offers an in-depth analysis of different market segments, paying close attention to factors like product type, packaging type and distribution channel. This detailed analysis supports the identification of growth opportunities within the hot drinks industry.
Market Segmentation
The Singapore hot drinks market is structured as follows:
Product type: coffee, tea, chocolate drinks, malted drinks, others
Packaging type: flexible packaging, glass, metal, paper-based containers, rigid plastic
Distribution channel: convenience stores, supermarkets and hypermarkets, grocery stores, bars & HoReCa, vending, e-commerce, others
The segmentation of the Singapore hot drinks market product type, packaging type and distribution channel. By product type, the market features coffee, tea, chocolate drinks, malted drinks, and others. Packaging type segments encompass flexible packaging, glass, metal, paper-based containers, and rigid plastic. Distribution channel segments consist of convenience stores, supermarkets and hypermarkets, grocery stores, bars & HoReCa, vending, e-commerce, and others.
Competitive Landscape
The hot drinks market is dominated by key players, including Viz Branz Pte. Ltd., Unilever PLC, Suzuki Coffee Gourmet Co. (S) Pte. Ltd., PT. SARI INCOFOOD CORPORATION, Odani Kokufun Co. Ltd., Nestle S.A., Mondelez International Inc., MJF Holdings Limited, Massimo Zanetti Beverage Group S.p.A., Luigi Lavazza S.p.A., Lipton Teas and Infusions, JDE Peet’s N.V., Illycaffe S.p.A., Harada Tea Processing Co. Ltd., BOH Plantations Sdn. Bhd. and Associated British Foods plc.
The report provides a detailed assessment of prominent companies within the hot drinks market, tracking their performance from 2019 to 2023. Insights reveal fluctuations in market share, highlighting both veteran leaders and emerging players.
Why Buy This Report?
Obtain precise statistical data and forecasts for the Singapore hot drinks market.
Gain in-depth analysis and forecasts for the key segments of the Singapore hot drinks market: product type, packaging type and distribution channel.
Develop region-specific strategies and set strategic priorities based on localized data analysis.
Gain deep insights into the dynamics of the Singapore hot drinks market.
Identify high-potential investment opportunities by targeting growth sectors and emerging trends.
Anticipate the future trajectory of the Singapore hot drinks market with informed projections.
Assess the competitive landscape to determine the ideal timing for capitalizing on market opportunities.
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Table of Contents
TABLE OF CONTENTS
Key Findings
Report Scope
Research Methodology
Market Overview
Singapore Hot Drinks Market – Product Type Analysis
Singapore Hot Drinks Market – Packaging Type Analysis
Singapore Hot Drinks Market – Distribution Channel Analysis
Key Players and Market Share
– Viz Branz Pte. Ltd.
– Unilever PLC
– Suzuki Coffee Gourmet Co. (S) Pte. Ltd.
– PT. SARI INCOFOOD CORPORATION
– Odani Kokufun Co., Ltd.
– Nestle S.A.
– Mondelez International Inc.
– MJF Holdings Limited
– Massimo Zanetti Beverage Group S.p.A.
…
Macroeconomic Data and Forecast
Disclaimer
FIGURES AND TABLES
Table Singapore Hot Drinks Market 2019-2029
Chart Singapore Hot Drinks Market, Net Growth, 2019-2029
Chart Singapore Hot Drinks Market, Growth Rates, 2019-2029
Table Singapore Hot Drinks Market by Product Type, 2019-2029
Chart Singapore Hot Drinks Market by Product Type, CAGR Historic and Forecast, 2019-2029
Chart Singapore Hot Drinks Market by Product Type, 2019-2029
Table Singapore Hot Drinks Market by Packaging Type, 2019-2029
Chart Singapore Hot Drinks Market by Packaging Type, CAGR Historic and Forecast, 2019-2029
Chart Singapore Hot Drinks Market by Packaging Type, 2019-2029
Table Singapore Hot Drinks Market by Distribution Channel, 2019-2029
Chart Singapore Hot Drinks Market by Distribution Channel, CAGR Historic and Forecast, 2019-2029
Chart Singapore Hot Drinks Market by Distribution Channel, 2019-2029
Table Singapore Hot Drinks Market Share (%), by Companies, 2019-2023
Chart Singapore Hot Drinks Market, by Companies, 2023
Table Singapore Hot Drinks Market Share (%), by Brands, 2019-2023
Chart Singapore Hot Drinks Market, by Brands, 2023
Table Singapore – Population (Millions) and Forecast
Table Singapore – Consumer Price Index (CPI) and Forecast
Table Singapore – Gross Domestic Product and Forecast
Table Singapore Hot Drinks Market: Spend as a Proportion of GDP (%)
Table Singapore Hot Drinks Market: Consumption per Capita (Population)
Companies Mentioned
Viz Branz Pte. Ltd.
Unilever PLC
Suzuki Coffee Gourmet Co. (S) Pte. Ltd.
PT. SARI INCOFOOD CORPORATION
Odani Kokufun Co., Ltd.
Nestle S.A.
Mondelez International Inc.
MJF Holdings Limited
Massimo Zanetti Beverage Group S.p.A.
Luigi Lavazza S.p.A.
Lipton Teas and Infusions
JDE Peet’s N.V.
Illycaffe S.p.A.
Harada Tea Processing Co., Ltd.
BOH Plantations Sdn. Bhd.
Associated British Foods plc