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Singapore Coffee Market Size, Share, Trends, Forecast: By Product Type: Whole-Bean, Ground Coffee, Instant Coffee, Coffee Pods and Capsules; By End Use: HoReCa, Retail; By Distribution Channel: Supermarkets and Hypermarkets, Convenience Stores, Speciality Stores, Online, Others; Market Dynamics; Competitive Landscape; 2024-2032
Singapore Coffee Market Size
The Singapore coffee market is projected to grow at a CAGR of 4% between 2024 and 2032.
Singapore Coffee Market Outlook
- Kopitiam is one of the most well-established coffee chains in Singapore.
- As per the industry report, cafes in the Central Province of Singapore average around 1000 customers per day, boosting the growth of the coffee sector in this region.
- Oriental Kopi, a Malaysia-based coffee chain, established collaboration with Paradise Group, based in Singapore, in May 2024 to establish its presence there.
Singapore Coffee Market Growth
The surge in coffee consumption, the rising popularity of instant coffee, and the growing establishment of coffee shops are some of the crucial market drivers. As per the industry report 2023, around 776 coffee shops are situated in Singapore's residential or neighbouring shop areas, creating a lucrative landscape for coffee growth.
Technological advancements and the emergence of smart coffee machines are also revolutionising the coffee sector in Singapore. These devices provide convenience, uniformity, and the option to personalise coffee, appealing to tech-savvy consumers. Moreover, the growing number of speciality coffee shops in the café scene has significantly boosted the market by offering unique and high-quality coffee choices that attract coffee enthusiasts and promote increased coffee consumption.
Market players are adopting strategic initiatives such as offering single-serve coffee pods which offer ease of usage and are gaining popularity among consumers. For instance, Gold Kili announced the launch of a new format for its coffee product range in Singapore in June 2024.
Singapore Coffee Industry Segmentation
“Singapore Coffee Market Report and Forecast 2024-2032” offers a detailed analysis of the market based on the following segments:
Market Breakup by Product Type
- Whole-Bean
- Ground Coffee
- Instant Coffee
- Coffee Pods and Capsules
Market Breakup by End Use
- HoReCa
- Retail
Market Breakup by Distribution Channel
- Supermarkets and Hypermarkets
- Convenience Stores
- Speciality Stores
- Online
- Others
Singapore Coffee Market Share
Based on product type, the market is divided into whole-bean, ground coffee, instant coffee, and coffee pods and capsules. Instant coffee is expected to gain a prominent share of the market in coming years as it offers a convenient and efficient way to prepare a cup of coffee, making it highly favoured by individuals with busy schedules such as professionals and students. Moreover, it is a cost-effective option compared to whole-bean or ground coffee, attracting price-conscious customers in the country.
Leading Companies in the Singapore Coffee Market
The market players are readily launching new flavours and formats to gain a competitive edge in the market.
- Nestle S.A.
- Starbucks Corp.
- Inspire Brands Inc.
- LUIGI LAVAZZA S.p.A
- Perk Coffee Pte Ltd.
- Others
Key Highlights of the Report
| REPORT FEATURES | DETAILS |
| Base Year | 2023 |
| Historical Period | 2018-2023 |
| Forecast Period | 2024-2032 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
|
| Breakup by Product Type |
|
| Breakup by End Use |
|
| Breakup by Distribution Channel |
|
| Market Dynamics |
|
| Competitive Landscape |
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| Companies Covered |
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*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Market Snapshot
7 Opportunities and Challenges in the Market
8 Asia Pacific Coffee Market Overview
8.1 Key Industry Highlights
8.2 Asia Pacific Coffee Historical Market (2018-2023)
8.3 Asia Pacific Coffee Market Forecast (2024-2032)
9 Singapore Coffee Market Overview
9.1 Key Industry Highlights
9.2 Singapore Coffee Historical Market (2018-2023)
9.3 Singapore Coffee Market Forecast (2024-2032)
10 Singapore Coffee Market by Product Type
10.1 Whole-Bean
10.1.1 Historical Trend (2018-2023)
10.1.2 Forecast Trend (2024-2032)
10.2 Ground Coffee
10.2.1 Historical Trend (2018-2023)
10.2.2 Forecast Trend (2024-2032)
10.3 Instant Coffee
10.3.1 Historical Trend (2018-2023)
10.3.2 Forecast Trend (2024-2032)
10.4 Coffee Pods and Capsules
10.4.1 Historical Trend (2018-2023)
10.4.2 Forecast Trend (2024-2032)
11 Singapore Coffee Market by End Use
11.1 HoReCa
11.1.1 Historical Trend (2018-2023)
11.1.2 Forecast Trend (2024-2032)
11.2 Retail
11.2.1 Historical Trend (2018-2023)
11.2.2 Forecast Trend (2024-2032)
12 Singapore Coffee Market by Distribution Channel
12.1 Supermarkets and Hypermarkets
12.1.1 Historical Trend (2018-2023)
12.1.2 Forecast Trend (2024-2032)
12.2 Convenience Stores
12.2.1 Historical Trend (2018-2023)
12.2.2 Forecast Trend (2024-2032)
12.3 Speciality Stores
12.3.1 Historical Trend (2018-2023)
12.3.2 Forecast Trend (2024-2032)
12.4 Online
12.4.1 Historical Trend (2018-2023)
12.4.2 Forecast Trend (2024-2032)
12.5 Others
13 Market Dynamics
13.1 SWOT Analysis
13.1.1 Strengths
13.1.2 Weaknesses
13.1.3 Opportunities
13.1.4 Threats
13.2 Porter’s Five Forces Analysis
13.2.1 Supplier’s Power
13.2.2 Buyer’s Power
13.2.3 Threat of New Entrants
13.2.4 Degree of Rivalry
13.2.5 Threat of Substitutes
13.3 Key Indicators for Demand
13.4 Key Indicators for Price
14 Value Chain Analysis
15 Trade Data Analysis (HS Code – 0901)
15.1 Major Exporting Countries
15.1.1 By Value
15.1.2 By Volume
15.2 Major Importing Countries
15.2.1 By Value
15.2.2 By Volume
16 Price Analysis
17 Competitive Landscape
17.1 Market Structure
17.2 Company Profiles
17.2.1 Nestle S.A.
17.2.1.1 Company Overview
17.2.1.2 Product Portfolio
17.2.1.3 Demographic Reach and Achievements
17.2.1.4 Certifications
17.2.2 Starbucks Corp.
17.2.2.1 Company Overview
17.2.2.2 Product Portfolio
17.2.2.3 Demographic Reach and Achievements
17.2.2.4 Certifications
17.2.3 Inspire Brands Inc.
17.2.3.1 Company Overview
17.2.3.2 Product Portfolio
17.2.3.3 Demographic Reach and Achievements
17.2.3.4 Certifications
17.2.4 LUIGI LAVAZZA S.p.A
17.2.4.1 Company Overview
17.2.4.2 Product Portfolio
17.2.4.3 Demographic Reach and Achievements
17.2.4.4 Certifications
17.2.5 Perk Coffee Pte Ltd.
17.2.5.1 Company Overview
17.2.5.2 Product Portfolio
17.2.5.3 Demographic Reach and Achievements
17.2.5.4 Certifications
17.2.6 Others
18 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Asia Pacific Coffee Market: Key Industry Highlights, 2018 and 2032
2. Singapore Coffee Market: Key Industry Highlights, 2018 and 2032
3. Singapore Coffee Historical Market: Breakup by Product Type (USD Million), 2018-2023
4. Singapore Coffee Market Forecast: Breakup by Product Type (USD Million), 2024-2032
5. Singapore Coffee Historical Market: Breakup by End Use (USD Million), 2018-2023
6. Singapore Coffee Market Forecast: Breakup by End Use (USD Million), 2024-2032
7. Singapore Coffee Historical Market: Breakup by Distribution Channel (USD Million), 2018-2023
8. Singapore Coffee Market Forecast: Breakup by Distribution Channel (USD Million), 2024-2032
9. Major Exporting Countries by Value
10. Major Importing Countries by Value
11. Major Exporting Countries by Volume
12. Major Importing Countries by Volume
13. Singapore Coffee Market Structure
Key Questions Answered in the Report
The market is estimated to grow at a CAGR of 4% between 2024 and 2032.
The market is being driven due to surge in coffee consumption, the rising popularity of instant coffee, and the growing establishment of coffee shops.
The key trends aiding the market include technological advancements and the emergence of smart coffee machines, strategic initiatives by market players, and the incorporation of sustainable and ethical practices in coffee production.
Based on product type, market segmentations include whole-bean, ground coffee, instant coffee, and coffee pods and capsules, among others.
Different end uses are HoReCa and retail.
The major players in the market are Nestle S.A., Starbucks Corp.¸Inspire Brands Inc., LUIGI LAVAZZA S.p.A, and Perk Coffee Pte Ltd., among others.
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