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

Market Forecast By Loaves (Baguettes, Rolls, Burger Buns, Ciabatta, Others), By Convenience Stores (Specialist Retailers, Supermarkets and Hypermarkets, Online Retail, Variety Stores, Others) And Competitive Landscape
Product Code: ETC023867 Publication Date: Jul 2023 Updated Date: May 2024 Product Type: Report
Publisher: 6Wresearch No. of Pages: 70 No. of Figures: 35 No. of Tables: 5

Singapore Bread Market Competition 2023

Singapore Bread market currently, in 2023, has witnessed an HHI of 2481, Which has increased moderately as compared to the HHI of 1376 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 Bread Market Competition 2023

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


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

Singapore Bread Market Synopsis

The Singapore Bread Market is expected to register a moderate CAGR during the forecast period (2020-2026). Factors such as increasing health consciousness and rising disposable income are driving the growth of the market. The bread market in Singapore has witnessed an increased demand for healthier products including whole grain, gluten free, and organic varieties. Moreover, manufacturers are focusing on introducing innovative product offerings that appeal to consumers` taste preferences while at the same time adhering to their nutritional needs. Additionally, convenience stores have become increasingly popular in Singapore due to customer preference for easy accessibility of food items. This trend has enabled vendors operating in the retail space of bread industry gain considerable traction among customers over recent times.

Market Drivers

Growing Health Consciousness: Increasing awareness about healthy eating habits amongst Singapores is propelling the demand for nutritious bakery products like whole grain breads, multigrain loaves, ETC, thus aiding in overall growth of this market.Rising Disposable Income: Increased disposable income levels along with changing lifestyle trends have led to a rise in spending on food items by urban population across various age groups which further drives this sector`s revenue generation opportunities.

Market challenges

High Price Sensitivity Among Consumers: Due to high price sensitivity among consumers especially from lower socio-economic strata purchasing power may be hampered resulting into a decline in sales volumes which will eventually affect revenues generated by this sector negatively. Presence Of Unorganized Segment: This segment includes small-scale bakeries & local outlets selling fresh baked goods at competitive prices, thus providing stiff competition leading towards lowering average sale prices & decreasing profitability margins.

Key players

Some key players operative within Singapore Bread Market include Delifrance Pte Ltd, Gardenia Bakeries (KL) Sdn Bhd, Prima Limited, Pan Pacific Hotels Group Limited (PPG Hotels) and Bakers Maison International Pty Ltd amongst others.

Covid-19 Impact

The pandemic outbreak has resulted into disruption of supply chains owing to restrictions imposed on movement & lack of labor availability, thereby hindering production capacity significantly.Furthermore, social distancing norms & lockdown measures have caused significant shift towards digitalization resulting into increase adoption online platforms through which consumers can buy their desired bakery items conveniently.

Key Highlights of the Report:

  • Singapore Bread Market Outlook
  • Market Size of Singapore Bread Market, 2023
  • Forecast of Singapore Bread Market, 2030
  • Historical Data and Forecast of Singapore Bread Revenues & Volume for the Period 2020-2030
  • Singapore Bread Market Trend Evolution
  • Singapore Bread Market Drivers and Challenges
  • Singapore Bread Price Trends
  • Singapore Bread Porter's Five Forces
  • Singapore Bread Industry Life Cycle
  • Historical Data and Forecast of Singapore Bread Market Revenues & Volume By Loaves for the Period 2020-2030
  • Historical Data and Forecast of Singapore Bread Market Revenues & Volume By Baguettes for the Period 2020-2030
  • Historical Data and Forecast of Singapore Bread Market Revenues & Volume By Rolls for the Period 2020-2030
  • Historical Data and Forecast of Singapore Bread Market Revenues & Volume By Burger Buns for the Period 2020-2030
  • Historical Data and Forecast of Singapore Bread Market Revenues & Volume By Ciabatta for the Period 2020-2030
  • Historical Data and Forecast of Singapore Bread Market Revenues & Volume By Others for the Period 2020-2030
  • Historical Data and Forecast of Singapore Bread Market Revenues & Volume By Convenience Stores for the Period 2020-2030
  • Historical Data and Forecast of Singapore Bread Market Revenues & Volume By Specialist Retailers for the Period 2020-2030
  • Historical Data and Forecast of Singapore Bread Market Revenues & Volume By Supermarkets and Hypermarkets for the Period 2020-2030
  • Historical Data and Forecast of Singapore Bread Market Revenues & Volume By Online Retail for the Period 2020-2030
  • Historical Data and Forecast of Singapore Bread Market Revenues & Volume By Variety Stores for the Period 2020-2030
  • Historical Data and Forecast of Singapore Bread Market Revenues & Volume By Others for the Period 2020-2030
  • Singapore Bread Import Export Trade Statistics
  • Market Opportunity Assessment By Loaves
  • Market Opportunity Assessment By Convenience Stores
  • Singapore Bread Top Companies Market Share
  • Singapore Bread Competitive Benchmarking By Technical and Operational Parameters
  • Singapore Bread Company Profiles
  • Singapore Bread Key Strategic Recommendations

Frequently Asked Questions About the Market Study (FAQs):

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.
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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 Bread Market Overview

3.1 Singapore Country Macro Economic Indicators

3.2 Singapore Bread Market Revenues & Volume, 2020 & 2030F

3.3 Singapore Bread Market - Industry Life Cycle

3.4 Singapore Bread Market - Porter's Five Forces

3.5 Singapore Bread Market Revenues & Volume Share, By Loaves, 2020 & 2030F

3.6 Singapore Bread Market Revenues & Volume Share, By Convenience Stores, 2020 & 2030F

4 Singapore Bread Market Dynamics

4.1 Impact Analysis

4.2 Market Drivers

4.3 Market Restraints

5 Singapore Bread Market Trends

6 Singapore Bread Market, By Types

6.1 Singapore Bread Market, By Loaves

6.1.1 Overview and Analysis

6.1.2 Singapore Bread Market Revenues & Volume, By Loaves, 2020-2030F

6.1.3 Singapore Bread Market Revenues & Volume, By Baguettes, 2020-2030F

6.1.4 Singapore Bread Market Revenues & Volume, By Rolls, 2020-2030F

6.1.5 Singapore Bread Market Revenues & Volume, By Burger Buns, 2020-2030F

6.1.6 Singapore Bread Market Revenues & Volume, By Ciabatta, 2020-2030F

6.1.7 Singapore Bread Market Revenues & Volume, By Others, 2020-2030F

6.2 Singapore Bread Market, By Convenience Stores

6.2.1 Overview and Analysis

6.2.2 Singapore Bread Market Revenues & Volume, By Specialist Retailers, 2020-2030F

6.2.3 Singapore Bread Market Revenues & Volume, By Supermarkets and Hypermarkets, 2020-2030F

6.2.4 Singapore Bread Market Revenues & Volume, By Online Retail, 2020-2030F

6.2.5 Singapore Bread Market Revenues & Volume, By Variety Stores, 2020-2030F

6.2.6 Singapore Bread Market Revenues & Volume, By Others, 2020-2030F

7 Singapore Bread Market Import-Export Trade Statistics

7.1 Singapore Bread Market Export to Major Countries

7.2 Singapore Bread Market Imports from Major Countries

8 Singapore Bread Market Key Performance Indicators

9 Singapore Bread Market - Opportunity Assessment

9.1 Singapore Bread Market Opportunity Assessment, By Loaves, 2020 & 2030F

9.2 Singapore Bread Market Opportunity Assessment, By Convenience Stores, 2020 & 2030F

10 Singapore Bread Market - Competitive Landscape

10.1 Singapore Bread Market Revenue Share, By Companies, 2023

10.2 Singapore Bread Market Competitive Benchmarking, By Operating and Technical Parameters

11 Company Profiles

12 Recommendations

13 Disclaimer

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