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Singapore Frozen Food Market to 2024: Historical Analysis DeForest Buckner 49ers Jersey , Growth Rates, Generation, Investment Trends and Opportunities
by Jitendra Magar · September 20, 2018
20 September 2018
Singapore frozen food market is expected to be valued at USD 141.4 Million By 2024. Singapore is the tourist hub of Asia Pacific region, the country is expected to have huge food industry with many restaurants, hotels Ahkello Witherspoon 49ers Jersey , airline caterers, hospitals, ship handlers, and clubs. Singapore tends to be a strategic entry point for key exporters who are looking to tap into the vast regional market. Furthermore, well established judicial system, stable political structure Solomon Thomas 49ers Jersey , good corporate governance, and presence of strong domestic institutions have made Singapore the favourite destination for business setup and operations.
Growing urbanization coupled with rising disposable income is expected to be one of among the key drivers for the rise in purchasing power of frozen food products by local people. Frozen food market in Singapore is on the edge of further expansion owing to the rapid expansion of food outlets along with reduced tariff barriers on frozen food imports by the government. However, highly priced frozen food products from multinational brands are expected to hamper the overall frozen food segment in Singapore but, sophisticated health-conscious adults, as well as teenagers, are ready to pay premium prices for the superior quality provided.
Frozen meat products are the largest segment of the frozen food market in Singapore Fred Warner 49ers Jersey , accounting for a maximum market revenue share of more than 30% in the year 2016 and is expected to grow at a healthy CAGR owing to changing the perception of local people of Singapore towards frozen meat and seafood products on a positive scale.
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Singapore is the tourist hub of the Asia Pacific region, the country is expected to have huge food industry with many restaurants, hotels, airline caterers, hospitals, ship handlers Dante Pettis 49ers Jersey , and clubs. Singapore tends to be a strategic entry point for key exporters who are looking to tap into the vast regional market. The trend for ready meals and convenience food is further expected to drive the growth of frozen food market in Singapore.
Segmentation by Type
鈥?Frozen ready meals
鈥?Frozen Pizza
鈥?Frozen fishseafood
鈥?Frozen Meat
鈥?Frozen potato products
鈥?Frozen bakery products
鈥?Others
Segmentation by Distribution Channel
鈥?Online
鈥?Offline
Key players analyzed:
鈥?Ben Foods Pvt Ltd
鈥?C S Tay Foods Pvt Ltd
鈥?Charoen Pokphand Intertrade Pte Ltd
鈥?Auric Pacific Group Limited
鈥?Ken Ken Food Mfg. Pvt Ltd
Table of Contents
Chapter 1. Market Summary
1.1. Market trends & movement
Chapter 2. Japan Frozen Food Market Trends: Drivers & Opportunities
2.1. Introduction
2.2. Key industry trends
2.2.1. Market drivers
2.2.2. Market restraints
2.3. Porters Five Forces analysis
2.4. Supply chain analysis
Chapter 3. Japan Frozen Food Market, By Food Type
3.1. Japan Frozen Food movement, by food-type, 2016 & 2024
3.1.1. Frozen ready meals
3.1.1.1. Market estimates and forecast, 2014 2024 (USD Million)
3.1.2. Frozen Pizza
3.1.2.1. Market estimates and forecast, 2014 2024 (USD Million)
3.1.3. Frozen fishseafood
3.1.3.1. Market estimates and forecast Mike McGlinchey 49ers Jersey , 2014 2024 (USD Million)
3.1.4. Frozen Meat
3.1.4.1. Market estimates and forecast, 2014 2024 (USD Million)
3.1.5. Frozen potato products
3.1.5.1. Market estimates and forecast, 2014 2024 (USD Million)
3.1.6. Frozen bakery products
3.1.6.1. Market estimates and forecast, 2014 2024 (USD Million)
3.1.7. Others
3.1.7.1. Market estimates and forecast, 2014 2024 (USD Million)
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