MarkNtel Advisors Releases Comprehensive Study on the Singapore Ice Cream Market, Forecasting Strong Growth from 2025 to 2030
MarkNtel Advisors, a leading market research and consulting firm, has announced the release of its latest study titled “Singapore Ice Cream Market Analysis, 2025–2030.”
This report provides a detailed assessment of the Singapore Ice Cream Market, covering its evolving dynamics, emerging trends, key growth drivers, major challenges, and competitive landscape.
Designed to guide investors, stakeholders, and business leaders, the research aims to deliver valuable insights for strategic planning, risk assessment, and investment decision-making in the years ahead.
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Singapore Ice Cream Market Timeline Overview
-Historical Years: 2020-23
-Base Years: 2024
-Forecast year - 2025-2030
This helps businesses identify emerging opportunities, assess market risks, and develop data-driven strategies for long-term success.
Singapore Ice Cream Market Outlook
According to the report, 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.
The report also examines consumer preferences, regulatory impacts, and investment trends that will shape the market’s trajectory over the next decade.
Singapore Ice Cream Market Challenge:
- Health concerns are rising in Singapore, especially due to the growing prevalence of prediabetes.
- A 2024 National University of Singapore study found that nearly 40% of health screening participants had prediabetes, particularly older adults and individuals with higher BMI.
- This growing segment of health-conscious consumers is becoming more cautious about sugar and calorie intake.
- Because traditional ice cream is high in sugar and fat, many at risk of or managing diabetes are reducing consumption.
- Dietary restrictions among these consumers present a significant challenge for traditional ice cream sales in the market.
Singapore Ice Cream Market Trends:
- Rising health consciousness among consumers in Singapore is increasing demand for low-sugar and low-calorie options, although such offerings are still limited.
- Instead of drastically changing flavors or formulations, many consumers are turning to portion control as a practical way to balance indulgence with healthier eating habits.
- Mini ice cream formats—such as small cones, mini sticks, and cups—allow consumers to enjoy treats without excessive calorie intake, aligning with broader wellness trends.
- Brands are expanding their portion-controlled product lines, encouraging mindful snacking while maintaining indulgence.
- For example, Magnum introduced mini versions of popular flavors like Double Starchaser and Euphoria Pink Lemonade (55 ml vs. regular 110 ml), supporting the trend toward “snackification.”
- This shift toward smaller, multi-pack, portion-controlled products is expected to boost sales during the forecast period.
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Singapore Ice Cream Market Segmentation
The study categorizes the Singapore Ice Cream Market into various segments and sub-segments, each analyzed for its size, growth potential, and contribution to the overall industry.
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
The report presents detailed insights into the Singapore Ice Cream Market’s geographical expansion, highlighting key trends and opportunities across the following geographies:
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Leading Companies in Singapore Ice Cream Market Worldwide: Players, Analysis & Future Outlook
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., and Others are the top companies operating in the Ice Cream market of Singapore.
Key Highlights of the Report
- Comprehensive Market Overview: In-depth analysis of market size, share, and forecasts from 2025 to 2030.
- Growth Drivers & Challenges: Clear insights into factors fueling or restraining market expansion.
- Investment & Regulatory Insights: Evaluation of key policies, funding trends, and collaborations influencing industry performance.
- Competitive Landscape: Detailed profiles of leading companies, including product portfolios, business strategies, financials, and recent developments such as mergers & acquisitions.
Analytical Tools: Application of SWOT Analysis, PESTEL Analysis, and Porter’s Five Forces Model to assess competition and external influences
Browse through our flexible pricing plans and choose the package that best fits your business needs whether you require a single-user license, corporate access, or customized insights. Once you select the plan that suits your requirements, you can purchase and instantly access the full report online – https://www.marknteladvisors.com/pricing/singapore-ice-cream-market.html
Frequently Asked Questions (FAQ)
- What is the projected growth rate of the Singapore Ice Cream Market?
2. What are the major factors driving this market’s growth?
3. Which regions are expected to lead the Singapore Ice Cream Market?
4. Who are the prominent players in the Singapore Ice Cream Market?
5. How is the competition structured in this market?
6. How can I access the full report?
About us:
MarkNtel Advisors is a leading research and consulting organization offering data-driven insights across the environmental sector, including environmental services, waste management, and water treatment solutions. Our studies evaluate technological advancements, regulatory frameworks, and infrastructure innovations shaping the sustainability agenda. Through Competitive Intelligence, we support clients in benchmarking performance, identifying eco-efficient opportunities, and achieving operational excellence aligned with global environmental standards and climate objectives.
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