Product Code: ETC046507 | Publication Date: Jul 2023 | Updated Date: Jan 2024 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
Singapore is one of the fastest growing markets for corn wet-milling in Asia Pacific. The country???s corn wet-milling market has been witnessing a strong growth over the last few years, primarily due to increasing demand from several industries such as feed, food and industrial chemical sectors. Singapore population is estimated to be around 5.6 million and this offers ample scope for the local corn wet-milling industry. In addition, rapidly changing consumer preferences coupled with rising disposable incomes are expected to propel the market further in 2020 - 2026 forecast period.
The major factors driving growth of Singapore corn wet-milling market include increase in global demand for processed food products, rapid urbanization & industrialization and increasing health consciousness among consumers which have led them towards consumption of healthier foods such as fortified cereals & snacks prepared using maize derived ingredients like starches, syrups ETC, Rising use of bioproducts derived from maize by various industries including chemical & pharmaceutical sector would also aid expansion of this regional market significantly till 2026 end. Additionally, favorable government policies along with easy availability of raw materials at economical prices too will contribute substantially towards revenue generation within this segment during same time span.
Some challenges that can hinder overall performance within Singapore Corn Wet Milling Market include high production cost resulting from soaring electricity charges across manufacturing facilities located in country. Moreover stringent environmental norms enforced by regulatory authorities on account emission control may further compound problem given its negative effect on operational costs associated with these processes thereby putting brakes on profitability ratio particularly amongst smaller players operating therein. Periodic fluctuations observed in raw material prices could also impede overall development at certain point throughout said forecast timeline.
The outbreak of COVID 19 pandemic was declared globally back into year 2020 March, leading great disruption across myriad industries worldwide.Not even spared was Singapores Corn Wet Miling Market amongst other sectors, experiencing temporary slowdown owing to stringent restrictions imposed nation wide pertaining lockdown measures implemented for containment purposes ; This had direct ramifications on factories having stopped operations temporarily due to shortage supply chain related issues accompanied by labor shortages attributed to below par worker attendance rates witnessed.However post re opening stages witnessed gradual revival trends across many segments gradually providing much needed respite against bearishness previously experienced.
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 Corn Wet-Milling Market Overview |
3.1 Singapore Country Macro Economic Indicators |
3.2 Singapore Corn Wet-Milling Market Revenues & Volume, 2020 & 2030F |
3.3 Singapore Corn Wet-Milling Market - Industry Life Cycle |
3.4 Singapore Corn Wet-Milling Market - Porter's Five Forces |
3.5 Singapore Corn Wet-Milling Market Revenues & Volume Share, By End-product, 2020 & 2030F |
3.6 Singapore Corn Wet-Milling Market Revenues & Volume Share, By Application, 2020 & 2030F |
3.7 Singapore Corn Wet-Milling Market Revenues & Volume Share, By Sources, 2020 & 2030F |
3.8 Singapore Corn Wet-Milling Market Revenues & Volume Share, By Equipment, 2020 & 2030F |
4 Singapore Corn Wet-Milling Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Singapore Corn Wet-Milling Market Trends |
6 Singapore Corn Wet-Milling Market, By Types |
6.1 Singapore Corn Wet-Milling Market, By End-product |
6.1.1 Overview and Analysis |
6.1.2 Singapore Corn Wet-Milling Market Revenues & Volume, By End-product, 2020-2030F |
6.1.3 Singapore Corn Wet-Milling Market Revenues & Volume, By Starch, 2020-2030F |
6.1.4 Singapore Corn Wet-Milling Market Revenues & Volume, By Sweetener, 2020-2030F |
6.1.5 Singapore Corn Wet-Milling Market Revenues & Volume, By Ethanol, 2020-2030F |
6.1.6 Singapore Corn Wet-Milling Market Revenues & Volume, By Corn gluten meal & gluten feed, 2020-2030F |
6.1.7 Singapore Corn Wet-Milling Market Revenues & Volume, By Others , 2020-2030F |
6.2 Singapore Corn Wet-Milling Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Singapore Corn Wet-Milling Market Revenues & Volume, By Feed, 2020-2030F |
6.2.3 Singapore Corn Wet-Milling Market Revenues & Volume, By Food, 2020-2030F |
6.2.4 Singapore Corn Wet-Milling Market Revenues & Volume, By Industrial, 2020-2030F |
6.3 Singapore Corn Wet-Milling Market, By Sources |
6.3.1 Overview and Analysis |
6.3.2 Singapore Corn Wet-Milling Market Revenues & Volume, By Dent corn, 2020-2030F |
6.3.3 Singapore Corn Wet-Milling Market Revenues & Volume, By Waxy corn, 2020-2030F |
6.4 Singapore Corn Wet-Milling Market, By Equipment |
6.4.1 Overview and Analysis |
6.4.2 Singapore Corn Wet-Milling Market Revenues & Volume, By Milling equipment, 2020-2030F |
6.4.3 Singapore Corn Wet-Milling Market Revenues & Volume, By Steeping equipment, 2020-2030F |
6.4.4 Singapore Corn Wet-Milling Market Revenues & Volume, By Centrifuge systems, 2020-2030F |
6.4.5 Singapore Corn Wet-Milling Market Revenues & Volume, By Washing & filtration systems, 2020-2030F |
6.4.6 Singapore Corn Wet-Milling Market Revenues & Volume, By Others, 2020-2030F |
7 Singapore Corn Wet-Milling Market Import-Export Trade Statistics |
7.1 Singapore Corn Wet-Milling Market Export to Major Countries |
7.2 Singapore Corn Wet-Milling Market Imports from Major Countries |
8 Singapore Corn Wet-Milling Market Key Performance Indicators |
9 Singapore Corn Wet-Milling Market - Opportunity Assessment |
9.1 Singapore Corn Wet-Milling Market Opportunity Assessment, By End-product, 2020 & 2030F |
9.2 Singapore Corn Wet-Milling Market Opportunity Assessment, By Application, 2020 & 2030F |
9.3 Singapore Corn Wet-Milling Market Opportunity Assessment, By Sources, 2020 & 2030F |
9.4 Singapore Corn Wet-Milling Market Opportunity Assessment, By Equipment, 2020 & 2030F |
10 Singapore Corn Wet-Milling Market - Competitive Landscape |
10.1 Singapore Corn Wet-Milling Market Revenue Share, By Companies, 2023 |
10.2 Singapore Corn Wet-Milling Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |