Product Code: ETC049027 | Publication Date: Jul 2023 | Updated Date: Feb 2024 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
The Singapore dried vegetables market is projected to grow at a significant CAGR of 3.10% during the forecast period (2020-2026). This growth is attributed to increasing health consciousness among consumers, rising disposable income and improving lifestyle, and cost efficiency associated with the product. The growing demand for convenience foods due to busy lifestyles has also boosted the sales of dried vegetable products in this region. Additionally, manufacturers are focusing on introducing innovative packaging solutions that can help preserve food items longer without compromising its taste or quality over time.
Increasing Health Consciousness Among Consumers: Rising awareness about healthy diets and nutritional value associated with certain food items have increased the consumption of dried vegetables in Singapore as they are an ideal snack option available on-the-go offering essential vitamins and minerals while being low in calories.Growing Demand for Convenience Foods: Busy lifestyles have led to higher demand for convenience food items which require minimal preparation such as ready-made meals, snacks, ETC, thus boosting sales of dehydrated vegetable products across various channels including supermarkets/hypermarkets specialty stores, convenience stores among others.
Low Shelf Life & Fragility Issues ??? Dried vegetables are prone to spoilage due to their low shelf life when compared with fresh or canned vegetable products making it difficult for retailers along their supply chain network from sourcing these goods until they reach consumer???s destination safely leading to high wastage levels across different stages adding additional costs burden onto manufacturers creating pricing pressure on end users who purchase these goods through retail outlets such as supermarkets/hypermarkets or online stores.
Some key players operating within Singapore Dried Vegetables Market includes companies like Amway Corporation, Nestle SA, Marigold HL Ltd, Food Junction International Pte Ltd, Del Monte Pacific Limited amongst few others
The outbreak of Covid 19 pandemic has caused disruption across industries globally including Singapore dried vegetables market where restrictions imposed by government authorities like social distancing norms leaded towards closure of restaurants along with other eateries causing decline in demand coupled with temporary pause operations by manufacturing units resulting into halt production activities further impacting overall business sentiments within sector leading towards downward trend throughout 2020 financial year.However situation showing signs recovery since 2021 start gaining traction driven mainly by customer preferences shift towards healthier diet options amidst ongoing health crisis fuelling sales potential short term outlook looking promising.
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 Dried Vegetables Market Overview |
3.1 Singapore Country Macro Economic Indicators |
3.2 Singapore Dried Vegetables Market Revenues & Volume, 2020 & 2030F |
3.3 Singapore Dried Vegetables Market - Industry Life Cycle |
3.4 Singapore Dried Vegetables Market - Porter's Five Forces |
3.5 Singapore Dried Vegetables Market Revenues & Volume Share, By Type, 2020 & 2030F |
3.6 Singapore Dried Vegetables Market Revenues & Volume Share, By Applications, 2020 & 2030F |
4 Singapore Dried Vegetables Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Singapore Dried Vegetables Market Trends |
6 Singapore Dried Vegetables Market, By Types |
6.1 Singapore Dried Vegetables Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Singapore Dried Vegetables Market Revenues & Volume, By Type, 2020-2030F |
6.1.3 Singapore Dried Vegetables Market Revenues & Volume, By Freeze Dried Vegetables, 2020-2030F |
6.1.4 Singapore Dried Vegetables Market Revenues & Volume, By Air Dried Vegetables, 2020-2030F |
6.2 Singapore Dried Vegetables Market, By Applications |
6.2.1 Overview and Analysis |
6.2.2 Singapore Dried Vegetables Market Revenues & Volume, By Snacks, 2020-2030F |
6.2.3 Singapore Dried Vegetables Market Revenues & Volume, By Ingredients, 2020-2030F |
7 Singapore Dried Vegetables Market Import-Export Trade Statistics |
7.1 Singapore Dried Vegetables Market Export to Major Countries |
7.2 Singapore Dried Vegetables Market Imports from Major Countries |
8 Singapore Dried Vegetables Market Key Performance Indicators |
9 Singapore Dried Vegetables Market - Opportunity Assessment |
9.1 Singapore Dried Vegetables Market Opportunity Assessment, By Type, 2020 & 2030F |
9.2 Singapore Dried Vegetables Market Opportunity Assessment, By Applications, 2020 & 2030F |
10 Singapore Dried Vegetables Market - Competitive Landscape |
10.1 Singapore Dried Vegetables Market Revenue Share, By Companies, 2023 |
10.2 Singapore Dried Vegetables Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |