Singapore Ice-Cream Market Report and Forecast 2025-2034
Market Report I 2025-06-06 I 118 Pages I EMR Inc.
The Singapore ice-cream market reached around USD 584.35 Million in 2024. The market is projected to grow at a CAGR of 4.20% between 2025 and 2034, reaching almost USD 881.76 Million by 2034.
Singapore Ice-Cream Market Growth
Ice-cream imports into Singapore grew at a CAGR of over 10% between 2018 and 2022. France supplied USD $16.5 million of ice-cream to Singapore, which grew at a CAGR of 34% between 2018 and 2022. This made France the leading ice-cream supplier to Singapore, followed by Thailand (9.8 million) and Malaysia (USD $11.8 million). Japan remains an important ice-cream supplier to Singapore.
As compared to 2018, the sale of impulse ice-creams recorded a significant growth. Besides, take-home ice cream consumption reached $86.4 million by value, constituting two thirds of all ice-cream sales.
Technological developments in dairy substitution processes are expected to drive ingredient-based innovations, such as allergen-free, lactose-free, and gluten-free ice-cream ingredients. Rising health consciousness among people is expected to enhance the demand for ketogenic and high-protein protein creams, which cater to consumers' palates and help them stay fit. In 2022, the total sales of vegan ice-creams reached $5.5 million by value. Thus, they represent a significant growth opportunity for major market players.
Strawberry, hazelnut, and fruity flavours are expected to emerge as popular ice-cream flavours among consumers in the country in the forecast period.
Singapore Ice-Cream Industry Segmentation
Singapore Ice-cream Market Report and Forecast 2025-2034 offers a detailed analysis of the market based on the following segments:
Market Breakup by Flavour
- Chocolate
- Fruit
- Vanilla
- Others
Market Breakup by Category
- Impulse Ice-Cream
- Take-Home Ice-Cream
- Artisanal Ice-Cream
Market Breakup by Product Type
- Cup
- Stick
- Cone
- Brick
- Tub
- Others
Market Breakup by End Use
- Food Service
- Retailers
Market Breakup by Distribution Channel
- Hypermarkets/Supermarkets
- HoReCa
- Convenience Stores
- Online Channel
- Others
Singapore Ice-Cream Market Share
Based on category, the market is divided into impulse ice-cream, take-home ice-cream, and artisanal ice-cream, among others. Over the forecast period of 2025-2034, artisanal ice-cream is projected to grow at a CAGR of 4.5% as it is made from fresh and high-quality ingredients. The increasing number of artisanal ice-cream shops in the country is also propelling the market.
Leading Companies in the Singapore Ice-Cream Market
The development of Solein, which contains 80% proteins and nearly 10% digestive fibres, is expected to drive ice-cream demand among health-conscious consumers. This is because solein is a microbial protein which is created from water and air and is considered to be the world's most sustainable protein.
- UDDERS ICE-CREAM
- Birds of Paradise
- Creamier Handcrafted Ice-cream & Coffee
- Avenue Creamery Pte Ltd.
- Lickers
- DOPA
- Kind Kones
- Toms Palette
- FATCAT Ice-cream Pte Ltd.
- Others
1 Executive Summary
1.1 Market Size 2024-2025
1.2 Market Growth 2025(F)-2034(F)
1.3 Key Demand Drivers
1.4 Key Players and Competitive Structure
1.5 Industry Best Practices
1.6 Recent Trends and Developments
1.7 Industry Outlook
2 Market Overview and Stakeholder Insights
2.1 Market Trends
2.2 Key Verticals
2.3 Key Regions
2.4 Supplier Power
2.5 Buyer Power
2.6 Key Market Opportunities and Risks
2.7 Key Initiatives by Stakeholders
3 Economic Summary
3.1 GDP Outlook
3.2 GDP Per Capita Growth
3.3 Inflation Trends
3.4 Democracy Index
3.5 Gross Public Debt Ratios
3.6 Balance of Payment (BoP) Position
3.7 Population Outlook
3.8 Urbanisation Trends
4 Country Risk Profiles
4.1 Country Risk
4.2 Business Climate
5 Asia Pacific Ice-Cream Market Overview
5.1 Key Industry Highlights
5.2 Asia Pacific Ice-Cream Historical Market (2018-2024)
5.3 Asia Pacific Ice-Cream Market Forecast (2025-2034)
6 Singapore Ice-Cream Market Overview
6.1 Key Industry Highlights
6.2 Singapore Ice-Cream Historical Market (2018-2024)
6.3 Singapore Ice-Cream Market Forecast (2025-2034)
7 Singapore Ice-Cream Market by Flavour
7.1 Chocolate
7.1.1 Historical Trend (2018-2024)
7.1.2 Forecast Trend (2025-2034)
7.2 Fruit
7.2.1 Historical Trend (2018-2024)
7.2.2 Forecast Trend (2025-2034)
7.3 Vanilla
7.3.1 Historical Trend (2018-2024)
7.3.2 Forecast Trend (2025-2034)
7.4 Others
8 Singapore Ice-Cream Market by Category
8.1 Impulse Ice-Cream
8.1.1 Historical Trend (2018-2024)
8.1.2 Forecast Trend (2025-2034)
8.2 Take-Home Ice-Cream
8.2.1 Historical Trend (2018-2024)
8.2.2 Forecast Trend (2025-2034)
8.3 Artisanal Ice-Cream
8.3.1 Historical Trend (2018-2024)
8.3.2 Forecast Trend (2025-2034)
9 Singapore Ice-Cream Market by Product Type
9.1 Cup
9.1.1 Historical Trend (2018-2024)
9.1.2 Forecast Trend (2025-2034)
9.2 Stick
9.2.1 Historical Trend (2018-2024)
9.2.2 Forecast Trend (2025-2034)
9.3 Cone
9.3.1 Historical Trend (2018-2024)
9.3.2 Forecast Trend (2025-2034)
9.4 Brick
9.4.1 Historical Trend (2018-2024)
9.4.2 Forecast Trend (2025-2034)
9.5 Tub
9.5.1 Historical Trend (2018-2024)
9.5.2 Forecast Trend (2025-2034)
9.6 Others
10 Singapore Ice-Cream Market by End Use
10.1 Food Service
10.1.1 Historical Trend (2018-2024)
10.1.2 Forecast Trend (2025-2034)
10.2 Retailers
10.2.1 Historical Trend (2018-2024)
10.2.2 Forecast Trend (2025-2034)
11 Singapore Ice-Cream Market by Distribution Channel
11.1 Hypermarkets/Supermarkets
11.1.1 Historical Trend (2018-2024)
11.1.2 Forecast Trend (2025-2034)
11.2 HoReCa
11.2.1 Historical Trend (2018-2024)
11.2.2 Forecast Trend (2025-2034)
11.3 Convenience Stores
11.3.1 Historical Trend (2018-2024)
11.3.2 Forecast Trend (2025-2034)
11.4 Online Channel
11.4.1 Historical Trend (2018-2024)
11.4.2 Forecast Trend (2025-2034)
11.5 Others
12 Market Dynamics
12.1 SWOT Analysis
12.1.1 Strengths
12.1.2 Weaknesses
12.1.3 Opportunities
12.1.4 Threats
12.2 Porter's Five Forces Analysis
12.2.1 Supplier's Power
12.2.2 Buyer's Power
12.2.3 Threat of New Entrants
12.2.4 Degree of Rivalry
12.2.5 Threat of Substitutes
12.3 Key Indicators of Demand
12.4 Key Indicators of Price
13 Competitive Landscape
13.1 Supplier Selection
13.2 Key Global Players
13.3 Key Regional Players
13.4 Key Player Strategies
13.5 Company Profiles
13.5.1 UDDERS ICE CREAM
13.5.1.1 Company Overview
13.5.1.2 Product Portfolio
13.5.1.3 Demographic Reach and Achievements
13.5.1.4 Certifications
13.5.2 Birds of Paradise
13.5.2.1 Company Overview
13.5.2.2 Product Portfolio
13.5.2.3 Demographic Reach and Achievements
13.5.2.4 Certifications
13.5.3 Creamier Handcrafted Ice Cream & Coffee
13.5.3.1 Company Overview
13.5.3.2 Product Portfolio
13.5.3.3 Demographic Reach and Achievements
13.5.3.4 Certifications
13.5.4 Avenue Creamery Pte Ltd.
13.5.4.1 Company Overview
13.5.4.2 Product Portfolio
13.5.4.3 Demographic Reach and Achievements
13.5.4.4 Certifications
13.5.5 Lickers
13.5.5.1 Company Overview
13.5.5.2 Product Portfolio
13.5.5.3 Demographic Reach and Achievements
13.5.5.4 Certifications
13.5.6 DOPA
13.5.6.1 Company Overview
13.5.6.2 Product Portfolio
13.5.6.3 Demographic Reach and Achievements
13.5.6.4 Certifications
13.5.7 Kind Kones
13.5.7.1 Company Overview
13.5.7.2 Product Portfolio
13.5.7.3 Demographic Reach and Achievements
13.5.7.4 Certifications
13.5.8 Toms Palette
13.5.8.1 Company Overview
13.5.8.2 Product Portfolio
13.5.8.3 Demographic Reach and Achievements
13.5.8.4 Certifications
13.5.9 FATCAT Ice Cream Pte Ltd.
13.5.9.1 Company Overview
13.5.9.2 Product Portfolio
13.5.9.3 Demographic Reach and Achievements
13.5.9.4 Certifications
13.5.10 Others
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