Singapore Savory Snacks Market (2024-2030) | Industry, Companies, Forecast, Analysis, Share, Outlook, Value, Growth, Trends, Revenue & Size

Singapore Savory Snacks Market Synopsis

The Singapore savory snacks market is expected to reach US$ 915.7 million by 2026, growing at a CAGR of 4.10% during the forecast period from 2020 to 2026. Savory snacks are crunchy and salty snacks such as potato chips, nuts, pretzels and popcorn that have become increasingly popular in Singapore due to their convenience and availability in different flavors. The rising disposable income of consumers coupled with changing lifestyles has boosted the demand for snack foods such as savory snacks over the years in Singapore.

Market Drivers

Rising disposable income levels among households especially amongst young population have resulted in an increased demand for snack food items like savory snacks & other ready-to-eat products which has been driving growth of this market in recent years;Increasing number of working women who prefer convenient pre-packed meals instead of preparing them at home is further fuelling growth of this industry;Growing awareness regarding health benefits associated with consumption of nuts is also resulting into higher sales volume which again bodes well for overall performance & expansion prospects;

Market challenges

High cost & availability issues due to surge in prices pose a major challenge towards profitability margins & overall performance of vendors operating within this segmental landscape;

Key players

Top players dominating the Singapore savory snack market include PepsiCo Inc., Calbee Foods Co Ltd., Kellogg Company, General Mills Inc., Kettle Foods Ltd., Frito Lay Inc., Pringles Snacks LLC (Kellogg`s), LAY`S (PepsiCo), Haldiram`s Snacks Pvt Ltd and Amica Chips Sdn Bhd among others

Covid-19 Impact

Due to pandemic induced lockdown restrictions across various countries globally, there were certain disruptions witnessed within production supply chain networks along with decline observed within consumer purchasing sentiment affecting overall revenue generation capacity from traditional retail channels such as supermarkets or offline stores leading manufacturers towards more digitization strategies including online platforms/eCommerce websites ETC

Key Highlights of the Report:

• Singapore Savory Snacks Market Outlook
• Market Size of Singapore Savory Snacks Market, 2023
• Forecast of Singapore Savory Snacks Market, 2030
• Historical Data and Forecast of Singapore Savory Snacks Revenues & Volume for the Period 2020-2030
• Singapore Savory Snacks Market Trend Evolution
• Singapore Savory Snacks Market Drivers and Challenges
• Singapore Savory Snacks Price Trends
• Singapore Savory Snacks Porter's Five Forces
• Singapore Savory Snacks Industry Life Cycle
• Historical Data and Forecast of Singapore Savory Snacks Market Revenues & Volume By Product Type for the Period 2020-2030
• Historical Data and Forecast of Singapore Savory Snacks Market Revenues & Volume By Potato Chips for the Period 2020-2030
• Historical Data and Forecast of Singapore Savory Snacks Market Revenues & Volume By Extruded Snacks for the Period 2020-2030
• Historical Data and Forecast of Singapore Savory Snacks Market Revenues & Volume By Nuts & Seeds for the Period 2020-2030
• Historical Data and Forecast of Singapore Savory Snacks Market Revenues & Volume By Popcorn for the Period 2020-2030
• Historical Data and Forecast of Singapore Savory Snacks Market Revenues & Volume By Others for the Period 2020-2030
• Historical Data and Forecast of Singapore Savory Snacks Market Revenues & Volume By Distribution Channel for the Period 2020-2030
• Historical Data and Forecast of Singapore Savory Snacks Market Revenues & Volume By Supermarket/Hypermarket for the Period 2020-2030
• Historical Data and Forecast of Singapore Savory Snacks Market Revenues & Volume By Independent Retailers for the Period 2020-2030
• Historical Data and Forecast of Singapore Savory Snacks Market Revenues & Volume By Convenience Stores for the Period 2020-2030
• Historical Data and Forecast of Singapore Savory Snacks Market Revenues & Volume By Service Station for the Period 2020-2030
• Historical Data and Forecast of Singapore Savory Snacks Market Revenues & Volume By Others for the Period 2020-2030
• Historical Data and Forecast of Singapore Savory Snacks Market Revenues & Volume By Flavor for the Period 2020-2030
• Historical Data and Forecast of Singapore Savory Snacks Market Revenues & Volume By Roasted/Toasted for the Period 2020-2030
• Historical Data and Forecast of Singapore Savory Snacks Market Revenues & Volume By Barbeque for the Period 2020-2030
• Historical Data and Forecast of Singapore Savory Snacks Market Revenues & Volume By Spice for the Period 2020-2030
• Historical Data and Forecast of Singapore Savory Snacks Market Revenues & Volume By Beef for the Period 2020-2030
• Historical Data and Forecast of Singapore Savory Snacks Market Revenues & Volume By Others for the Period 2020-2030
• Singapore Savory Snacks Import Export Trade Statistics
• Market Opportunity Assessment By Product Type
• Market Opportunity Assessment By Distribution Channel
• Market Opportunity Assessment By Flavor
• Singapore Savory Snacks Top Companies Market Share
• Singapore Savory Snacks Competitive Benchmarking By Technical and Operational Parameters
• Singapore Savory Snacks Company Profiles
• Singapore Savory Snacks Key Strategic Recommendations