While business Singapore is referred to as a meals paradise, its burgeoning food manufacturing enterprise is more of a hidden gem. In 2017, this enterprise contributed S$four.3 billion or 1.1% to our GDP, and hired greater than 48,000 workers.
More than 1/2 of Singapore’s meals production enterprise’s output is exported. Our meals repute has spread, as meals producers introduce our delicacies to the world. Singapore’s emblem call and purchasers’ self assurance inside the first-rate and safety of Singapore merchandise are keys to help you free up your enterprise capacity distant places.
Expect a revamp of the enterprise, because the kingdom’s refreshed Food Manufacturing Industry Transformation Map 2025 aims to assist your enterprise improve and innovate to hold pace with changing customer tastes and advancing generation. The plan’s intention is to set up Singapore as a trusted food and nutrition chief, and the desired launchpad into Asia for quality brands.
Don’t leave out out on the opportunities for your organisation to grow in this interesting enterprise – by innovating and using era to satisfy purchasers’ flavor buds and dietary wishes.
More purchasers are thinking about nutritional and environmental factors in their meals choices. Today, seventy three% of Singaporeans are eager to analyze more approximately the manufacturers they purchase1 and eighty% are even inclined to undergo extra prices for an extremely low-carbon Singapore2.
Food groups are actually innovating more healthy products consisting of snacks with low GI and excessive protein, as well as constructing greater sustainable corporations through the use of biodegradable packaging, incorporating “unpleasant produce”, adopting ethically-sourcing strategies and greater.
To higher cater to the growing pool of fitness-aware and socially responsible clients globally, you may expand healthy and green merchandise, and ensure your product labels appropriately deliver the ingredient origins and dietary values. Tap our help to broaden extra nutritious and sustainable meals products these days.
1: “MINTEL 2022 Global Consumer Trends: South APAC”, MINTEL, 20212: “Surfing the Plant-Based Wave in Singapore”, abillion, 2021
Singapore looks to be the Silicon Valley of Food in a hungry Asia – wherein the range of local foodtech startups offering innovative solutions has boomed in recent years. Plant-based totally and cellular-primarily based proteins require distinctly less area and assets to supply the equal quantity of food in comparison to traditional food assets, offering sustainable and nutritious options for the arena. Singapore become the primary us of a inside the world to approve lab-grown meat on the market in 2020 and remains a international chief in bringing novel meals tech solutions to clients.
You can leverage our colourful food tech atmosphere to adopt or develop revolutionary solutions and get started in your innovation journey.
People consume meals now not handiest for survival or enjoyment, however also to proactively boost their health with a key growing demographic in Asia being the aged.In the Asia Pacific region, the silver economy market is projected to be well worth US$four.6 trillion (S$6.2 trillion) via 2025, catering to six hundred million seniors above 60. There are possibilities that allows you to create meals merchandise that cope with aged needs in the regions of nutrients, texture, flavor, and ease of education.
You can also capitalise the growing demand to supplement nutritional gaps for extraordinary demographics with the aid of developing products with tailored nutritional profiles and functional traits. Some key developments for specialized nutrients in Asia consist of immunity-boosting ingredients, progressed intestine fitness, and call for for low-fats and occasional-sugar alternatives.
The pandemic has located a highlight on meals safety with supply chains for staple commodities coming underneath pressure and worldwide food fees hitting an all-time-excessive with an boom of 20.7% in 20213. There is a want to accelerate using technologies which include meals waste valorisation and adoption of electricity green answers to scale home meals manufacturing abilties and make certain that our food resources are sustainable.
You too, can construct resilience and integrate sustainability thru adopting new enterprise fashions and deriving new sales streams.
Exciting possibilities lie in advance for food groups in Singapore. If you are ready to explore those opportunities inside the local and remote places meals enterprise, Enterprise Singapore has a suite of tools and programmes to support Singapore food manufacturing agencies.
Find out how you may increase functionality, go international, get right of entry to a community of partners, and broaden skills to grow your food production business.
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