Singapore Food and Drink Report - Business Monitor International - Industry Reports

Singapore Food and Drink Report

Singapore Food and Drink Report - Business Monitor International - Industry Reports
Singapore Food and Drink Report
Published Sep 10, 2016
73 pages — Published Sep 10, 2016
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About This Report

  
Abstract:

Private consumption constitutes an uncharacteristically low proportion of Singapore s economy, given its high level of development, at just --.- in ----. We expect this to increase gradually throughout the coming years as private consumption growth outpaces headline real GDP growth amid a tight labour market and strong real wage gains. ...One such challenge is high levels of debt, with household debt now standing at roughly --- of household income; this is the second highest in the region behind Malaysia. There will undoubtedly be repercussions for lower-income households as well as those that have leveraged themselves aggressively (in order to take part in the country s housing boom) once global interest rates begin to normalise. Nevertheless, we stress that Singapore remains among the best-placed developed markets to weather such a phenomenon. ...A credit boom has undoubtedly resulted from the deeply negative real interest rate environment.

...BMI View: Singapore s food and drink industry will experience modest growth throughout our forecast period; growth will be supported by existing high levels of spending and a well developed mass grocery retail sector. Price consciousness among consumers will limit the scope of premiumisation across the board despite relative consumer affluence. ...Price consciousness among consumers will limit the scope of premiumisation across the board despite relative consumer affluence. The mass grocery retail sector will benefit from the expansion of premium food retailing and the uptick in online retailing, however, market maturation will limit growth throughout our forecast period. Food and Drink Spending (---------) Food, sales, SGDmn Non-alcoholic drinks, sales, SGDmn ---- ---- ---- ----f ----f ----f ----f ----f - -,--- --,--- --,--- f = BMI forecast. ...Food and Drink Spending (---------) Food, sales, SGDmn Non-alcoholic drinks, sales, SGDmn ---- ---- ---- ----f ----f ----f ----f ----f - -,--- --,--- --,--- f = BMI forecast.

...All information contained in this publication is copyrighted in the name of Business Monitor International Ltd, and as such no part of this publication may be reproduced, repackaged, redistributed, resold in whole or in any part, or used in any form or by any means graphic, electronic or mechanical, including photocopying, recording, taping, or by information storage or retrieval, or by any other means, without the express written consent of the publisher. ...

...

  
Source:
Document ID
1749-2947
Country
Industry
Industry
Industry
Industry
Industry
Industry
Format:
PDF Adobe Acrobat
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Business Monitor International - Industry Reports—Established in 1984, Business Monitor International is a leading online publisher of specialist business information on global emerging markets. Business Monitor's range of quarterly services covers political risk, finance, macroeconomic performance, outlook and forecast, industry sectors and the business operating environment. Each Industry Report has been researched at source, and features latest-available data covering production, sales, imports and exports; 5-year industry forecasts through end-2012; company rankings and competitive landscapes for multinational and local manufacturers and suppliers; and analysis of latest industry developments, trends and regulatory changes.

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Cite this Report

  
MLA:
Business Monitor International - Industry Reports. "Singapore Food and Drink Report" Sep 10, 2016. Alacra Store. Dec 08, 2016. <http://www.alacrastore.com/storecontent/Business-Monitor-International-Industry-Reports/Singapore-Food-and-Drink-Report-2026-43>
  
APA:
Business Monitor International - Industry Reports. (2016). Singapore Food and Drink Report Sep 10, 2016. New York, NY: Alacra Store. Retrieved Dec 08, 2016 from <http://www.alacrastore.com/storecontent/Business-Monitor-International-Industry-Reports/Singapore-Food-and-Drink-Report-2026-43>
  
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