The health and wellness trend, which has been even more prominent since the pandemic due to increasingly health-conscious consumers, in addition to increased government regulations and initiatives, is expected to help further drive the development of snacks in Singapore. Over the forecast period, with greater product innovation and brand collaborations spurred by changing consumer demands for healthier snacks, health and wellness snacks offers further potential for expansion.
Vegan and plant-based products are likely to gain further popularity in Singapore as an increasing number of consumers become interested in both the environment and animal welfare. This should benefit dietary and free from snacks.
Increasing awareness of the links between diet, a healthy metabolism and immune health is expected to encourage more consumers to look for snacks that claim to offer specific health benefits. As such, brain health and memory, which is a health benefit type of health and wellness attribute, is anticipated to record growth in snacks over the forecast period.
Delivery:
Files are delivered directly into your account soon after payment is received and any tax is certification is verified (where applicable).
This report comes in PDF.
Understand the latest market trends and future growth opportunities for the HW Snacks 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.
If you're in the HW Snacks 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.
This report originates from Passport, our HW Snacks research and analysis database.
If you purchase a report that is updated in the next 60 days, we will send you the new edition and data extraction Free!