Product Code: ETC187839 | Publication Date: May 2022 | Updated Date: Aug 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 60 | No. of Figures: 40 | No. of Tables: 7 | |
The Singapore Ghee Market is projected to witness mixed growth rate patterns during 2025 to 2029. The growth rate starts at -0.00% in 2025 and reaches -0.00% by 2029.
By 2027, Singapore's Ghee market is forecasted to achieve a negative growth rate of -0.00%, with China leading the Asia region, followed by India, Japan, Australia and South Korea.
The Singapore ghee market has shown steady growth due to its versatility and unique flavor profile. Ghee, a type of clarified butter, is a staple in South Asian cuisine and is gaining popularity in other culinary traditions as well. Its high smoke point and rich, nutty taste make it a preferred cooking fat in various dishes. Moreover, the growing multiculturalism in Singapore has led to an increased demand for ghee as it is used in diverse recipes. While health concerns about saturated fats may temper the market`s growth to some extent, ghee`s cultural significance and culinary appeal are expected to sustain its presence in the Singaporean market.
The ghee market in Singapore is expected to see steady growth, driven by several key factors. Firstly, ghee, with its rich and distinct flavor, has gained popularity in the culinary world. Its use in traditional and ethnic cuisines is a significant driver of demand. Moreover, ghee is perceived as a healthier alternative to some cooking oils, and this perception is expected to boost its consumption among health-conscious consumers. The rising interest in Ayurveda and its holistic approach to wellness is also contributing to the growing demand for ghee, as it is often recommended for its various health benefits. The premium nature of ghee, coupled with the trend toward premium and gourmet cooking ingredients, is expected to further fuel its market growth.
The Singapore ghee market has experienced steady demand due to the popularity of Indian and Middle Eastern cuisines in the country. However, there are challenges to be addressed. One key challenge is the perception of ghee as a high-fat product, which can deter health-conscious consumers. Manufacturers must find innovative ways to position ghee as a healthier cooking option or explore alternatives such as low-fat ghee. Moreover, the ghee market faces competition from various cooking oils and fats, making it essential for manufacturers to differentiate their products and build brand loyalty among consumers.
The Singapore ghee market was influenced by the COVID-19 pandemic as consumers turned to cooking at home. Ghee, a traditional cooking fat, gained popularity due to its long shelf life and versatility. As the foodservice sector reopens, the market may see a shift in demand dynamics, but the overall outlook remains positive, with ghee being embraced both for its culinary value and potential health benefits.
Ghee, a traditional and popular dairy product in Singapore, has seen a resurgence in recent years due to its perceived health benefits. Key players in the Singapore ghee market include local dairy producers like Seng Choon Farm and international brands like Amul and Nestl?. These companies offer high-quality ghee products catering to the culinary preferences of Singaporeans and the Indian diaspora. With the growing interest in traditional and natural food products, the ghee market in Singapore is expected to thrive.
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 Ghee Market Overview |
3.1 Singapore Country Macro Economic Indicators |
3.2 Singapore Ghee Market Revenues & Volume, 2021 & 2031F |
3.3 Singapore Ghee Market - Industry Life Cycle |
3.4 Singapore Ghee Market - Porter's Five Forces |
3.5 Singapore Ghee Market Revenues & Volume Share, By Source, 2021 & 2031F |
3.6 Singapore Ghee Market Revenues & Volume Share, By End-use, 2021 & 2031F |
3.7 Singapore Ghee Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 Singapore Ghee Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing consumer awareness about the health benefits of ghee |
4.2.2 Growing demand for traditional and ethnic foods in Singapore |
4.2.3 Rise in disposable income leading to higher spending on premium food products |
4.3 Market Restraints |
4.3.1 Competition from other cooking oils and substitutes |
4.3.2 Fluctuating prices of raw materials such as milk and butter |
5 Singapore Ghee Market Trends |
6 Singapore Ghee Market, By Types |
6.1 Singapore Ghee Market, By Source |
6.1.1 Overview and Analysis |
6.1.2 Singapore Ghee Market Revenues & Volume, By Source, 2021-2031F |
6.1.3 Singapore Ghee Market Revenues & Volume, By Cow, 2021-2031F |
6.1.4 Singapore Ghee Market Revenues & Volume, By Buffalo, 2021-2031F |
6.1.5 Singapore Ghee Market Revenues & Volume, By Mixed, 2021-2031F |
6.2 Singapore Ghee Market, By End-use |
6.2.1 Overview and Analysis |
6.2.2 Singapore Ghee Market Revenues & Volume, By Retail, 2021-2031F |
6.2.3 Singapore Ghee Market Revenues & Volume, By Institutional, 2021-2031F |
6.3 Singapore Ghee Market, By Distribution Channel |
6.3.1 Overview and Analysis |
6.3.2 Singapore Ghee Market Revenues & Volume, By Supermarkets/Hypermarkets, 2021-2031F |
6.3.3 Singapore Ghee Market Revenues & Volume, By Convenience Stores, 2021-2031F |
6.3.4 Singapore Ghee Market Revenues & Volume, By Specialty Stores, 2021-2031F |
6.3.5 Singapore Ghee Market Revenues & Volume, By Online, 2021-2031F |
6.3.6 Singapore Ghee Market Revenues & Volume, By Others, 2021-2031F |
7 Singapore Ghee Market Import-Export Trade Statistics |
7.1 Singapore Ghee Market Export to Major Countries |
7.2 Singapore Ghee Market Imports from Major Countries |
8 Singapore Ghee Market Key Performance Indicators |
8.1 Consumer engagement on social media platforms |
8.2 Number of new product launches in the ghee segment |
8.3 Growth in the number of specialty stores stocking ghee |
9 Singapore Ghee Market - Opportunity Assessment |
9.1 Singapore Ghee Market Opportunity Assessment, By Source, 2021 & 2031F |
9.2 Singapore Ghee Market Opportunity Assessment, By End-use, 2021 & 2031F |
9.3 Singapore Ghee Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 Singapore Ghee Market - Competitive Landscape |
10.1 Singapore Ghee Market Revenue Share, By Companies, 2024 |
10.2 Singapore Ghee Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |