"Singapore Food & Drink Report Q4 2014" Published

Singapore has one of the highest levels of food consumption in the region, which effectively eliminates the possibility of substantial industry growth in the short or medium term. This is illustrated by our modest sales growth forecasts for a majority of sub-sectors to 2018. Nonetheless, we believe that Singaporean alcoholic drinks market has not reached a saturation point yet and holds significant growth potential over our forecast period.

Headline Industry Data

* Total food consumption (local currency) growth year-on-year (y-o-y) in 2014: +1.9%; compound annual growth rate (CAGR) to 2018: +2.1%
* Per capita food consumption (local currency) growth (y-o-y) in 2014: -0.1%; CAGR to 2018: +0.3%
* Alcoholic drinks sales (local currency) growth (y-o-y) in 2014: +5.8%; CAGR: 6.8%
* Total soft drink sales (local currency) growth (y-o-y) in 2014: +3.2%; CAGR to 2018: +2.6%
* Total mass grocery retail sales (local currency) growth year-on-year (y-o-y) in 2014: +2.7%; compound annual growth rate (CAGR) to 2018: +2.9%

Full Report Details at
- http://www.fastmr.com/prod/881064_singapore_food_drink_report_q4_2014.aspx?afid=301

Latest Industry Trends & Developments

Sanyo To Pay USD187.5mn For 25% Of Olam's Packaged-Foods Business : In August 2014, Sanyo Foods has acquired a 25% stake in Singapore-based food ingredients processor Olam International's packaged-foods business for USD187.5mn. On completion of the transaction, Olam expects to register a net cash inflow of USD167.5mn and an addition to reserves of USD80.8mn. The instant-noodle joint venture between the companies will be a holding company for all of Olam's packaged-foods businesses incorporated in Singapore, with Olam having the management control. Olam, which sells its packaged foods mainly in Africa, recorded turnover of USD350mn in 2013.

GIC Inks Exchangeable Loan Agreement With CCC: In May 2014, the Government of Singapore Investment Corporation (GIC) inked an Exchangeable Loan Agreement with Philippines-based Century Canning Corporation (CCC). As part of the agreement, GIC has invested...

The Singapore Food & Drink Report features Business Monitor International (BMI)'s market assessment and independent forecasts for food and drink expenditure, consumption, sales, and imports/exports and forecasts for the mass grocery retail sector. The report also includes analyses of major regulatory developments, the background macroeconomic outlook and competitive landscape comparing national and multinational companies by leading products and services, sales, investments, partners and expansion strategies.

BMI's Singapore Food & Drink Report provides industry professionals and strategists, sector analysts, business investors, trade associations and regulatory bodies with independent forecasts and competitive intelligence on the food and drink industry and the mass grocery retail market in Singapore.

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