In Singapore, cheese is expected to maintain both retail and foodservice volume growth in the forecast period, with increases across all categories as the consumer base grows. The consumption of cheese in 2024 is skewed towards spreadable, hard, and soft cheese rather than processed cheese.
Cheese is mainly imported in Singapore, and hence subject to fluctuations in the market; the overall unit price of cheese saw inflation in 2023 and 2024 due to supply chain issues and the rising costs of inputs, and will be subject to continued increase in the forecast period. On top of inflation, the GST hikes in 2023 and 2024 are expected to impact consumer confidence and disposable incomes moving forward.
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Understand the latest market trends and future growth opportunities for the Cheese industry in Singapore with research from Euromonitor International's team of in-country analysts – experts by industry and geographic specialisation.
Key trends are clearly and succinctly summarised alongside the most current research data available. Understand and assess competitive threats and plan corporate strategy with our qualitative analysis, insight and confident growth projections.
Data and analysis in this report provides further detailed coverage dedicated to a comprehensive range of core packaged food categories.
If you're in the Cheese industry in Singapore, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty.
Cheese
This is the aggregation of hard, soft, spreadable and processed cheese (excl spreadable). Note: Non-dairy cheese substitutes are excluded from this category and tracked under plant-based cheese.
See All of Our DefinitionsThis report originates from Passport, our Cheese research and analysis database.
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