Over the forecast period, sugar confectionery in Singapore is expected to see only low retail volume growth rates, as the health and wellness trend is likely to lead an increasing number of consumers to limit their consumption of sugary snacks such as sugar confectionery. Habit persistence and stagnant wages will also keep consumers’ buying habits focused on essentials, with only occasional indulgences.
Mints and medicated confectionery are poised to maintain their growth trajectory in Singapore throughout the forecast period in both retail volume and current value terms. This will be driven not only by their breath-freshening attributes, but also by the predominance of sugar-free formulations.
As seen throughout the review period, sales via retail e-commerce are expected to continue growing in retail value terms in the forecast period. This is partly due to the growing health and wellness trend, as healthier sugar confectionery products are more readily available from online-only retailers such as iHerb; such products are also often more premium.
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Understand the latest market trends and future growth opportunities for the Sugar Confectionery 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 Sugar Confectionery 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.
Sugar Confectionery
This is the aggregation of mints, boiled sweets, pastilles, gummies, jellies and chews, toffees, caramels, and nougat, medicated confectionery, lollipops, liquorice and other sugar confectionery.
See All of Our DefinitionsThis report originates from Passport, our Sugar Confectionery research and analysis database.
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