Singapore Potato Chips Market (2025-2031) | Revenue, Trends, Share, Analysis, Forecast, Industry, Outlook, Value, Growth, Companies & Size

Market Forecast By Flavor (Plain/Salted, Flavored), By Type (Baked, Fried), By Distribution Channel (Supermarket/Hypermarket, Convenience Stores, Specialist Stores, Online Retail Stores, Other) And Competitive Landscape

Product Code: ETC029927 Publication Date: Jul 2023 Updated Date: Dec 2024 Product Type: Report
Publisher: 6Wresearch No. of Pages: 70 No. of Figures: 35 No. of Tables: 5

Singapore Potato Chips Market Competition 2023

Singapore Potato Chips market currently, in 2023, has witnessed an HHI of 2450, Which has decreased slightly as compared to the HHI of 3207 in 2017. The market is moving towards moderately competitive. Herfindahl index measures the competitiveness of exporting countries. The range lies from 0 to 10000, where a lower index number represents a larger number of players or exporting countries in the market while a large index number means fewer numbers of players or countries exporting in the market.

Singapore Potato Chips Market Competition 2023

Singapore Export Potential Assessment For Potato Chips Market (Values in USD Thousand)


topic

Singapore Potato Chips Market Highlights

Report Name Singapore Potato Chips Market
Forecast Period 2025-2031
Market Size USD 150 Million by 2031
CAGR 5.2%
Growing Sector Food and Beverage

Topics Covered in the Singapore Potato Chips Market Report

The Singapore Potato Chips market report thoroughly covers the market by flavor, by type and by distribution channel. The report provides an unbiased and detailed analysis of the on-going market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.

Singapore Potato Chips Market Size & Analysis

In 2025, the Singapore Potato Chips market is valued at approximately $ 120 million, with a projected compound annual growth rate (CAGR) of 5.2% over the next five years. Additionally, by 2031, the market is expected to reach around $ 150 million. The food and beverage sector holds significant position in the overall market.

Singapore Potato Chips Market Synopsis

The potato chips market in Singapore is growing steadily, driven by the country's urban population's strong demand for convenient, ready-to-eat snacks. With a high disposable income and a multicultural consumer base, Singaporeans enjoy a wide variety of potato chips flavors, from international favorites like Lays and Pringles to local offerings that cater to regional tastes, such as spicy and savory flavors. The market is characterized by both premium and affordable options, with many brands focusing on healthier snack alternatives like baked chips, low-fat options, and those with reduced salt content to meet the rising health-conscious demand. The presence of modern retail outlets, including supermarkets, convenience stores, and e-commerce platforms, ensures broad product accessibility. As consumer preferences continue to evolve towards healthier snacks, the potato chips market in Singapore is expected to see growth driven by innovation in flavors, healthier options, and greater distribution reach.

According to 6Wresearch, Singapore Potato Chips market size is projected to grow at a CAGR of 5.2% during 2025-2031. The growth of the potato chips market in Singapore is primarily driven by the increasing demand for convenient, on-the-go snacks, particularly among the urban population with busy lifestyles. As disposable incomes rise and consumers become more willing to spend on premium products, there is a growing preference for innovative flavors and healthier snack options, such as baked, low-fat, and organic chips. The market is also benefiting from the expansion of modern retail channels, including supermarkets, convenience stores, and e-commerce platforms, which enhance accessibility. Additionally, the multicultural nature of Singapore’s population fuels demand for a wide range of flavors tailored to local tastes. However, the Singapore Potato Chips industry faces challenges such as rising raw material costs, including potatoes, and competition from other snack categories like nuts, popcorn, and healthier alternatives. There is also increasing pressure from health-conscious consumers who are pushing for better nutritional content, reducing sodium, trans fats, and preservatives in products, which may lead to higher production costs. Navigating these challenges while maintaining profitability and meeting evolving consumer preferences remains a key hurdle for market players.

Singapore Potato Chips Market Trends

Healthier Snack Options - Growing demand for baked, low-fat, and organic potato chips as consumers become more health-conscious.

Premium Product Segment - Increased interest in high-quality, gourmet potato chips with unique and exotic flavors targeting affluent consumers.

Flavor Innovation - Introduction of new and unique flavors, including local favorites and international trends, to cater to diverse consumer tastes.

Sustainability Focus - Brands are adopting eco-friendly packaging and sustainable sourcing practices to appeal to environmentally conscious consumers.

Single-Serve Packaging - Rising demand for convenient, individually packaged chips for on-the-go consumption.

Investment Opportunities in the Singapore Potato Chips Market

Health-Conscious Products - Investing in the development and marketing of baked, low-fat, and organic potato chips to meet growing demand for healthier snacks.

Premium and Gourmet Chips - Introducing high-quality, gourmet potato chips with unique or exotic flavors to target the premium segment.

Sustainable Packaging - Investing in eco-friendly and recyclable packaging solutions to align with environmental trends and attract eco-conscious consumers.

Flavor Customization - Developing innovative and regionally inspired flavors to cater to Singapore’s multicultural consumer base.

Key Players in the Singapore Potato Chips Market

The potato chips market in Singapore is dominated by a mix of international and local brands that continue to innovate and expand their presence. Leading global players like Lays (PepsiCo) and Pringles (Kellogg’s) maintain a strong foothold with their wide range of flavors and consistent brand recognition. Local brands such as Old Chang Kee and Tasty also hold significant market share, offering flavors tailored to local tastes and preferences. Additionally, private label brands from major retailers like FairPrice and Cold Storage are growing in popularity, offering more affordable options to budget-conscious consumers. Additionally, some of these players hold majority of the Singapore Potato Chips market share. Moreover, these companies are focusing on product innovation, sustainable practices, and enhanced distribution networks through supermarkets, convenience stores, and e-commerce platforms to maintain competitiveness in the dynamic snack market in Singapore.

Government Regulations in the Singapore Potato Chips Market

The potato chips market in Singapore is regulated by the Singapore Food Agency (SFA), which ensures that food products, including potato chips, meet safety and quality standards. The SFA mandates that all food products be properly labeled with nutritional information, ingredients, and expiry dates, allowing consumers to make informed choices. Additionally, there are regulations governing the use of food additives and preservatives to ensure the safety of processed foods.

Singapore has also implemented strict guidelines for food hygiene and manufacturing practices, which brands must comply with. With rising health concerns, the government has increasingly focused on promoting healthier eating, encouraging manufacturers to reduce sodium, trans fats, and artificial additives in processed snack foods. Further, these initiatives have further boosted the Singapore Potato Chips market revenues. Furthermore, this regulatory environment ensures that potato chip brands maintain high safety standards while also adapting to the growing demand for healthier, more sustainable snack options.

Future Insights of the Singapore Potato Chips Market

The future of the potato chips market in Singapore is poised for steady growth, driven by an increasing preference for convenient, indulgent snacks and a shift towards healthier, more sustainable options. As consumers become more health-conscious, the demand for baked, low-fat, and organic potato chips is expected to rise, while innovative flavors and premium products continue to capture the interest of diverse consumer segments. E-commerce and online grocery platforms will play a crucial role in market expansion, providing greater access and convenience for tech-savvy consumers.

Additionally, brands will focus on sustainability, with eco-friendly packaging and responsible sourcing practices becoming a key differentiator. The market will also see a greater emphasis on functional snacks that cater to wellness trends, and the continued expansion of convenience store networks will drive accessibility. By responding to these evolving consumer needs, both local and international players are well-positioned to capitalize on opportunities in this competitive and dynamic market.

Fried Category to Dominate the Market - By Type

According to Ravi Bhandari, Research Head, 6Wresearch, the fried chips category in Singapore is experiencing steady growth, fueled by the strong demand for indulgent, flavorful snacks that offer convenience and affordability. Despite the increasing popularity of healthier snack options, fried chips continue to hold a significant market share due to their crispy texture, rich taste, and familiarity with consumers. Both international brands like Lays and Pringles and local brands such as Old Chang Kee and Tasty are introducing innovative flavors and premium offerings to cater to evolving taste preferences. The availability of fried chips in a variety of pack sizes, including single-serve and family-sized formats, has further contributed to their popularity, especially in convenience stores and supermarkets.

Convenience Stores to Dominate the Market – By Distribution Channel

The convenience store distribution channel for potato chips in Singapore is experiencing significant growth, driven by the increasing demand for on-the-go snacks and the convenience offered by 24/7 retail outlets. With urbanization and busy lifestyles, consumers are increasingly relying on convenience stores like 7-Eleven and Cheers for quick access to potato chips and other snack products. These stores, strategically located in high-traffic areas such as MRT stations, residential neighborhoods, and office buildings, cater to impulse purchases and the growing preference for ready-to-eat snacks. The rise of digital payment systems and partnerships with delivery platforms like Grab and Foodpanda further enhances the reach of convenience stores, making potato chips more accessible to a broader consumer base.

Key Attractiveness of the Report

  • 10 Years Market Numbers.
  • Historical Data Starting from 2021 to 20234.
  • Base Year - 2024.
  • Forecast Data until 2031.
  • Key Performance Indicators Impacting the Market.
  • Major Upcoming Developments and Projects.

Key Highlights of the Report:

  • Singapore Potato Chips Market Overview
  • Singapore Potato Chips Market Outlook
  • Market Size of Singapore Potato Chips Market, 2024
  • Forecast of Singapore Potato Chips Market, 2031
  • Historical Data and Forecast of Singapore Potato Chips Revenues & Volume for the Period 2021-2031
  • Singapore Potato Chips Market Trend Evolution
  • Singapore Potato Chips Market Drivers and Challenges
  • Singapore Potato Chips Price Trends
  • Singapore Potato Chips Porter's Five Forces
  • Singapore Potato Chips Industry Life Cycle
  • Historical Data and Forecast of Singapore Potato Chips Market Revenues & Volume, By Flavor for the Period 2021-2031
  • Historical Data and Forecast of Singapore Potato Chips Market Revenues & Volume, By Plain/Salted for the Period 2021-2031
  • Historical Data and Forecast of Singapore Potato Chips Market Revenues & Volume, By Flavored for the Period 2021-2031
  • Historical Data and Forecast of Singapore Potato Chips Market Revenues & Volume, By Type for the Period 2021-2031
  • Historical Data and Forecast of Singapore Potato Chips Market Revenues & Volume, By Baked for the Period 2021-2031
  • Historical Data and Forecast of Singapore Potato Chips Market Revenues & Volume, By Fried for the Period 2021-2031
  • Historical Data and Forecast of Singapore Potato Chips Market Revenues & Volume, By Distribution Channel for the Period 2021-2031
  • Historical Data and Forecast of Singapore Potato Chips Market Revenues & Volume, By Supermarket/Hypermarket for the Period 2021-2031
  • Historical Data and Forecast of Singapore Potato Chips Market Revenues & Volume, By Convenience Stores for the Period 2021-2031
  • Historical Data and Forecast of Singapore Potato Chips Market Revenues & Volume, By Specialist Stores for the Period 2021-2031
  • Historical Data and Forecast of Singapore Potato Chips Market Revenues & Volume, By Online Retail Stores for the Period 2021-2031
  • Historical Data and Forecast of Singapore Potato Chips Market Revenues & Volume, By Other for the Period 2021-2031
  • Singapore Potato Chips - Import Export Trade Statistics
  • Market Opportunity Assessment, By Type
  • Market Opportunity Assessment, By End-User Industry
  • Singapore Potato Chips Market - Top Companies Market Share
  • Singapore Potato Chips Market - Competitive Benchmarking, By Technical and Operational Parameters
  • Singapore Potato Chips Market - Company Profiles
  • Singapore Potato Chips Market - Key Strategic Recommendations

Markets Covered

The Singapore Potato Chips market report provides a detailed analysis of the following market segments -

By Flavor

  • Plain/Salted
  • Flavored

By Type

  • Baked
  • Fried

By Distribution Channel

  • Supermarket/Hypermarket
  • Convenience Stores
  • Specialist Stores
  • Online Retail Stores
  • Other
Singapore Potato Chips Market (2025-2031): FAQs
The market growth is driven by rising consumer demand for convenient and ready-to-eat snacks, increasing urbanization and growing disposable incomes.
The fried category is expected to register enormous growth over the years.
The convenience stores hold the highest market share.
PepsiCo Inc., Kellogg Company, Kettle Foods Inc., the Campbell Soup Company, Calbee Inc. and Intersnack Group GmbH & Co. KG are some of the prominent players in the Singapore Potato Chips market.
6W monitors the market across 60+ countries Globally, publishing an annual market outlook report that analyses trends, key drivers, Size, Volume, Revenue, opportunities, and market segments. This report offers comprehensive insights, helping businesses understand market dynamics and make informed decisions.
Yes, we provide customisation as per your requirements. To learn more, feel free to contact us on sales@6wresearch.com
1 Executive Summary
2 Introduction
2.1 Key Highlights of the Report
2.2 Report Description
2.3 Market Scope & Segmentation
2.4 Research Methodology
2.5 Assumptions
3 Singapore Potato Chips Market Overview
3.1 Singapore Country Macro Economic Indicators
3.2 Singapore Potato Chips Market Revenues & Volume, 2021 & 2031F
3.3 Singapore Potato Chips Market - Industry Life Cycle
3.4 Singapore Potato Chips Market - Porter's Five Forces
3.5 Singapore Potato Chips Market Revenues & Volume Share, By Flavor, 2021 & 2031F
3.6 Singapore Potato Chips Market Revenues & Volume Share, By Type, 2021 & 2031F
3.7 Singapore Potato Chips Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F
4 Singapore Potato Chips Market Dynamics
4.1 Impact Analysis
4.2 Market Drivers
4.3 Market Restraints
5 Singapore Potato Chips Market Trends
6 Singapore Potato Chips Market, By Types
6.1 Singapore Potato Chips Market, By Flavor
6.1.1 Overview and Analysis
6.1.2 Singapore Potato Chips Market Revenues & Volume, By Flavor, 2021-2031F
6.1.3 Singapore Potato Chips Market Revenues & Volume, By Plain/Salted, 2021-2031F
6.1.4 Singapore Potato Chips Market Revenues & Volume, By Flavored, 2021-2031F
6.2 Singapore Potato Chips Market, By Type
6.2.1 Overview and Analysis
6.2.2 Singapore Potato Chips Market Revenues & Volume, By Baked, 2021-2031F
6.2.3 Singapore Potato Chips Market Revenues & Volume, By Fried, 2021-2031F
6.3 Singapore Potato Chips Market, By Distribution Channel
6.3.1 Overview and Analysis
6.3.2 Singapore Potato Chips Market Revenues & Volume, By Supermarket/Hypermarket, 2021-2031F
6.3.3 Singapore Potato Chips Market Revenues & Volume, By Convenience Stores, 2021-2031F
6.3.4 Singapore Potato Chips Market Revenues & Volume, By Specialist Stores, 2021-2031F
6.3.5 Singapore Potato Chips Market Revenues & Volume, By Online Retail Stores, 2021-2031F
6.3.6 Singapore Potato Chips Market Revenues & Volume, By Other, 2021-2031F
7 Singapore Potato Chips Market Import-Export Trade Statistics
7.1 Singapore Potato Chips Market Export to Major Countries
7.2 Singapore Potato Chips Market Imports from Major Countries
8 Singapore Potato Chips Market Key Performance Indicators
9 Singapore Potato Chips Market - Opportunity Assessment
9.1 Singapore Potato Chips Market Opportunity Assessment, By Flavor, 2021 & 2031F
9.2 Singapore Potato Chips Market Opportunity Assessment, By Type, 2021 & 2031F
9.3 Singapore Potato Chips Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F
10 Singapore Potato Chips Market - Competitive Landscape
10.1 Singapore Potato Chips Market Revenue Share, By Companies, 2024
10.2 Singapore Potato Chips Market Competitive Benchmarking, By Operating and Technical Parameters
11 Company Profiles
12 Recommendations
13 Disclaimer
Pricing
  • Single User License
    $ 1,995
  • Department License
    $ 2,400
  • Site License
    $ 3,120
  • Global License
    $ 3,795
6Wresearch Support

Any Query

Call: +91-11-4302-4305
Email us: sales@6wresearch.com
Any Query? Click Here

Industry Events and Analyst Meet

Our Clients

Airtel
Canon
Contec
HoneyWell
Kriloskar
Pwc Logo
Samsung
Tata Teleservices

Whitepaper

Read All