Organic Food in Singapore
Summary
Organic Food in Singapore industry profile provides top-line qualitative and quantitative summary information including: market size (value 2018-23, and forecast to 2028). 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. Âé¶¹Ô´´ values considered based on retail selling price (RSP).
- The Singaporean organic food market recorded revenues of $21.9 million in 2023, representing a compound annual growth rate (CAGR) of 3% between 2018 and 2023.
- The meat, fish & poultry segment accounted for the market's largest proportion in 2023, with total revenues of $10.7 million, equivalent to 48.7% of the market's overall value.
- The growth of the Singaporean organic food market is driven by high disposable income and significant consumer spending on premium and higher-quality grocery products. According to the Singapore Department of Statistics (DOS), in 2023, the median household income from work among resident-employed households in Singapore reached $10,869.0, up 7.6% over 2022.
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 2023?
- What will be the size of the Singapore organic food market in 2028?
- 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
1.1. Âé¶¹Ô´´ value
1.2. Âé¶¹Ô´´ value forecast
1.3. Category segmentation
1.4. Geography segmentation
1.5. Âé¶¹Ô´´ rivalry
1.6. Competitive landscape
2 Âé¶¹Ô´´ Overview
2.1. Âé¶¹Ô´´ definition
2.2. Âé¶¹Ô´´ analysis
3 Âé¶¹Ô´´ Data
3.1. Âé¶¹Ô´´ value
4 Âé¶¹Ô´´ Segmentation
4.1. Category segmentation
4.2. Geography segmentation
5 Âé¶¹Ô´´ Outlook
5.1. Âé¶¹Ô´´ value forecast
6 Five Forces Analysis
6.1. Summary
6.2. Buyer power
6.3. Supplier power
6.4. New entrants
6.5. Threat of substitutes
6.6. Degree of rivalry
7 Competitive Landscape
7.1. Who are the leading players?
7.2. What strategies do the leading players follow?
7.3. What have been the most recent market developments?
8 Company Profiles
8.1. NTUC Fairprice Co-operative Ltd
8.2. Zenxin Agri-Organic Food Sdn Bhd
8.3. Isetan (Singapore) Ltd
8.4. SuperNature Pte Ltd
9 Macroeconomic Indicators
9.1. Country data
10 Appendix
10.1. Methodology
10.2. Industry associations
10.3. Related Âé¶¹Ô´´Line research
10.4. About Âé¶¹Ô´´Line
List of Tables
List of Tables
Table 1: Singapore organic food market value: $ million, 2018-23
Table 2: Singapore organic food market category segmentation: % share, by value, 2018-23
Table 3: Singapore organic food market category segmentation: $ million, 2018-23
Table 4: Singapore organic food market geography segmentation: $ million, 2023
Table 5: Singapore organic food market value forecast: $ million, 2023-28
Table 6: NTUC Fairprice Co-operative Ltd: Key Facts
Table 7: NTUC Fairprice Co-operative Ltd: Key Employees
Table 8: Zenxin Agri-Organic Food Sdn Bhd: Key Facts
Table 9: Isetan (Singapore) Ltd: Key Facts
Table 10: Isetan (Singapore) Ltd: Key Employees
Table 11: SuperNature Pte Ltd: Key Facts
Table 12: Singapore Size of Population (million), 2019-23
Table 13: Singapore Real GDP (Constant 2010 Prices, $ Billion), 2019-23
Table 14: Singapore GDP (Current Prices, $ Billion), 2019-23
Table 15: Singapore Inflation, 2019-23
Table 16: Singapore Consumer Price Index (Absolute), 2019-23
Table 17: Singapore Exchange Rate, 2018-23
List of Figures
List of Figures
Figure 1: Singapore organic food market value: $ million, 2018-23
Figure 2: Singapore organic food market category segmentation: $ million, 2018-23
Figure 3: Singapore organic food market geography segmentation: % share, by value, 2023
Figure 4: Singapore organic food market value forecast: $ million, 2023-28
Figure 5: Forces driving competition in the organic food market in Singapore, 2023
Figure 6: Drivers of buyer power in the organic food market in Singapore, 2023
Figure 7: Drivers of supplier power in the organic food market in Singapore, 2023
Figure 8: Factors influencing the likelihood of new entrants in the organic food market in Singapore, 2023
Figure 9: Factors influencing the threat of substitutes in the organic food market in Singapore, 2023
Figure 10: Drivers of degree of rivalry in the organic food market in Singapore, 2023
NTUC Fairprice Co-operative Ltd
Zenxin Agri-Organic Food Sdn Bhd
Isetan (Singapore) Ltd
SuperNature Pte Ltd
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*If Applicable.