Singapore Ice Cream Market 2030: Size, Growth Drivers & Competitive Landscape

Future Singapore Ice Cream Market: Key Dynamics, Size & Share Analysis

The Singapore Ice Cream Market is anticipated to grow at a CAGR of around 1.68% during 2025-2030. The Ice Cream Market size in Singapore was valued at around USD 150 million in 2024 and is anticipated to exceed USD 163 million by 2030. Hot and humid climatic conditions, high tourist footfall, and diversified multicultural population mix of the country are the key factors driving the sales of ice creams in Singapore.

Top Challenges Impacting the Singapore Ice Cream Market Growth

Rising Prediabetes Reduces Ice Cream Consumption Due - Health concerns among the citizens of Singapore are rising, particularly the increasing prevalence of prediabetes. According to a study conducted by the National University of Singapore in 2024, almost 40% the all the health screening participants have prediabetes. The participants were significantly particularly of old age and had a higher BMI compared to those who didn’t have diabetes. The trend highlights a growing segment of health-conscious end users who are becoming more vigilant about their dietary choices, especially about their sugar and calorie intake. The traditional Ice creams are known for their high sugar and fat content. Dietary restriction is the major challenge for the end users who are the risk of or managing diabetes.

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Understanding the Core Segments in the Singapore Ice Cream Market

Singapore Ice Cream Market Size, Share & Industry Trends Analysis- By Category (Frozen Yoghurt, Impulse Ice Cream, [Single Portion Dairy Ice Cream, Single Portion Water Ice Cream], Plant-Based Ice Cream, Take-Home Ice Cream, [Take-Home Dairy Ice Cream, (Bulk Dairy Ice Cream, Multi-Pack Dairy Ice Cream)], [Take-Home Water Ice Cream, (Bulk Water Ice Cream, Multi-Pack Water Ice Cream)]), By Leading Flavors (Chocolate, Vanilla, Strawberry, Cookies & Cream, Caramel, Mango, Pralines & Cream, Kulfi), By Format (Cup, Stick, Cone, Brick, Others (Sandwich, Tub, etc.)), By Sales Channel (Retail Offline, [Grocery Retailers, (Convenience Retailers, [Convenience Stores, Forecourt Retailers}, Supermarkets, Hypermarkets, Food & Drink Specialists, Small Local Grocers)], Retail E-Commerce) and others

Who Dominates the Singapore Ice Cream Market Insights on Key Industry Players?

Companies are strengthening their presence in the Singapore Ice Cream market by adopting strategies such as forming strategic alliances, leveraging AI, entering partnerships, pursuing mergers and acquisitions, expanding into new regions, and introducing innovative products and services.

Unilever Singapore Pte Ltd.
General Mills Asia Pte Ltd.
F&N Foods (S) Pte Ltd.
Nestlé Singapore Pte Ltd.
The Ice Cream & Cookie Co.
Regal Cream Products Pty Ltd.
NTUC FairPrice Co-operative Pte Ltd.
Binggrae Co Ltd.
Dreyer's Grand Ice Cream Holdings Inc.
Kind Kones Global Pte Ltd.
Others

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