Singapore Snacks Market 2025$675.0
The Singapore snacks market is poised for slight advancement, with expectations of rising from USD 1,114.4 million in 2024 to USD 1,330.7 million by 2030, capturing a CAGR of 3% during the forecast period. Singapore’s snack market is distinguished by its dual role as a trendsetter and import hub for Southeast Asia. With limited agricultural land and high-income demographics, local demand is heavily shaped by health-consciousness and novelty. Government-led initiatives such as the “War on Diabetes” have nudged consumers toward lower-sugar and higher-fiber snack options. As a result, plant-based chips, keto-friendly bars, and air-popped grain snacks are finding strong uptake in premium grocers and online platforms. The regulatory environment, tightly managed by the Singapore Food Agency, sets clear guidelines for nutrient claims, creating a level playing field for responsible innovation.
Cross-border logistics excellence and free trade policies enable a high turnover of imported snack brands, allowing Singaporeans to access the newest products from Japan, Australia, and the United States within weeks of launch. This constant product rotation and exposure to global trends create a demanding consumer base that expects both quality and novelty. Retailers and brands must therefore balance compliance, health metrics, and aspirational marketing – a complexity that defines Singapore as a laboratory for snack innovation in Asia.
Providing a strategic perspective on the Singapore snacks market, this report analyzes historical trends from 2020 to 2024 and forecasts market developments through 2030. It delves into market size, growth rates, and segment-level insights, uncovering the forces shaping the industry’s future. By examining product type and distribution channel, the report delivers a robust framework for understanding market dynamics and identifying pathways for growth.
Market Segmentation
The Singapore snacks market is classified into the following segments:
Product type: confectionery (chocolate confectionery, gum, sugar confectionery), ice cream and frozen dessert (frozen yoghurt, impulse ice creams, plant-based ice creams, take-home ice creams), savory snacks (corn and tortilla chips, meat snacks, nuts and seeds, popcorn, potato chips, puffed snacks, rice snacks, savoury biscuits and crackers, seafood snacks, vegetable and pulse chips, others), fruit snacks, snack bars, sweet biscuits (chocolate biscuits, cookies, plain biscuits, stuffed biscuits, wafers)
Distribution channel: convenience stores, e-commerce, food specialty stores, forecourts, general merchandise stores, health stores, hypermarkets, small grocery stores, supermarkets, warehouse clubs, others
The snacks market in Singapore is segmented across product type and distribution channel. The categorization of the market by product type includes confectionery (chocolate confectionery, gum, sugar confectionery), ice cream and frozen dessert (frozen yoghurt, impulse ice creams, plant-based ice creams, take-home ice creams), savory snacks (corn and tortilla chips, meat snacks, nuts and seeds, popcorn, potato chips, puffed snacks, rice snacks, savoury biscuits and crackers, seafood snacks, vegetable and pulse chips, others), fruit snacks, snack bars, and sweet biscuits (chocolate biscuits, cookies, plain biscuits, stuffed biscuits, wafers). Distribution channel segmentation comprises convenience stores, e-commerce, food specialty stores, forecourts, general merchandise stores, health stores, hypermarkets, small grocery stores, supermarkets, warehouse clubs, and others.
Competitive Landscape
Leading companies in the snacks market include Arnott’s Biscuits Ltd., August Storck KG, Calbee Inc., Carman’s Fine Foods Pty. Ltd., Chocoladefabriken Lindt & Sprungli AG, Cocoba Pte Ltd, Delfi Limited, Ezaki Glico Co. Ltd., Ferrero International S.A., General Mills Inc., Haribo GmbH & Company KG, Hup Seng Industries Bhd., Hwa Tai Industries Bhd., JG Summit Holdings Inc., Kellanova, Khong Guan Biscuit Factory (S) Pte. Ltd., Loacker S.p.A., Lofthouse of Fleetwood Ltd., Lotte Corporation, Mars Incorporated, Meiji Holdings Co. Ltd., Mondelez International Inc., Morinaga & Company Ltd., Nestle S.A., PepsiCo Inc., Perfect Food Mfg (M) Sdn. Bhd., Perfetti Van Melle Group, Pladis Foods Limited, PT. Yupi Indo Jelly Gum, Ricola Ltd., ROYCE’ Confect International Pte Ltd, Seng Hua Hng Foodstuffs Pte Ltd, Tai Sun (Lim Kee) Food Industries Pte. Ltd., Thai Beverage Public Company Limited, The Golden Duck Co., The Hershey Company, The Ice Cream & Cookie Co., Tong Garden Food (Singapore) Pte. Ltd., Unilever PLC and Universal Robina Corporation (URC).
This analysis offers a comprehensive overview of the main players in the snacks market, evaluating their performance trends from 2020 to 2024. Key findings illustrate shifts in market share, identifying both dominant firms and rising competitors.
Why Buy This Report?
Obtain precise statistical data and forecasts for the Singapore snacks market.
Gain in-depth analysis and forecasts for the key segments of the Singapore snacks market: product 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 snacks market.
Identify high-potential investment opportunities by targeting growth sectors and emerging trends.
Anticipate the future trajectory of the Singapore snacks 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
Market Segmentation
Market Overview
Singapore Snacks Market – Product Type Analysis
Singapore Snacks Market – Distribution Channel Analysis
Company Shares Analysis
Arnott’s Biscuits Ltd.
August Storck KG
Calbee, Inc.
Carman’s Fine Foods Pty. Ltd.
Chocoladefabriken Lindt & Sprungli AG
Cocoba Pte Ltd
Delfi Limited
Ezaki Glico Co., Ltd.
Ferrero International S.A.
…
Macroeconomic Data and Forecast
Research Methodology
Disclaimer
FIGURES AND TABLES
Table Singapore Snacks Market 2020-2030
Chart Singapore Snacks Market, Net Growth, 2020-2030
Chart Singapore Snacks Market, Growth Rates, 2020-2030
Table Singapore Snacks Market by Product Type, 2020-2030
Chart Singapore Snacks Market by Product Type, CAGR Historic and Forecast, 2020-2030
Chart Singapore Snacks Market by Product Type, 2020-2030
Table Singapore Snacks Market by Distribution Channel, 2020-2030
Chart Singapore Snacks Market by Distribution Channel, CAGR Historic and Forecast, 2020-2030
Chart Singapore Snacks Market by Distribution Channel, 2020-2030
Table Singapore Snacks Market Share (%), by Companies, 2020-2024
Chart Singapore Snacks Market, by Companies, 2024
Table Singapore Snacks Market Share (%), by Brands, 2020-2024
Chart Singapore Snacks Market, by Brands, 2024
Table Singapore – Population (Millions) and Forecast
Table Singapore – Consumer Price Index (CPI) and Forecast
Table Singapore – Gross Domestic Product and Forecast
Table Singapore Snacks Market: Spend as a Proportion of GDP (%)
Table Singapore Snacks Market: Consumption per Capita (Population)
Companies Mentioned
Arnott’s Biscuits Ltd.
August Storck KG
Calbee, Inc.
Carman’s Fine Foods Pty. Ltd.
Chocoladefabriken Lindt & Sprungli AG
Cocoba Pte Ltd
Delfi Limited
Ezaki Glico Co., Ltd.
Ferrero International S.A.
General Mills, Inc.
Haribo GmbH & Company KG
Hup Seng Industries Bhd.
Hwa Tai Industries Bhd.
JG Summit Holdings, Inc.
Kellanova
Khong Guan Biscuit Factory (S) Pte. Ltd.
Loacker S.p.A.
Lofthouse of Fleetwood Ltd.
Lotte Corporation
Mars, Incorporated
Meiji Holdings Co., Ltd.
Mondelez International Inc.
Morinaga & Company, Ltd.
Nestle S.A.
PepsiCo, Inc.
Perfect Food Mfg (M) Sdn. Bhd.
Perfetti Van Melle Group
Pladis Foods Limited
PT. Yupi Indo Jelly Gum
Ricola Ltd.
ROYCE’ Confect International Pte Ltd
Seng Hua Hng Foodstuffs Pte Ltd
Tai Sun (Lim Kee) Food Industries Pte. Ltd.
Thai Beverage Public Company Limited
The Golden Duck Co.
The Hershey Company
The Ice Cream & Cookie Co.
Tong Garden Food (Singapore) Pte. Ltd.
Unilever PLC
Universal Robina Corporation (URC)
$675.0
What's Inside?
→ Market Estimates, Forecasts & Historical Data
→ Critical Performance Data and Rankings
→ Emerging Trends, Market Changes
→ PDF Report and Excel Datasheet
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