Market Sizes

1. Energy Drinks – Singapore 2022
Mintel Market Sizes
Energy Drinks – Singapore
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4. Contents
Definitions 1
Retail market volume 2
Highlights ...................................................................................................................................... 2
Figure 1: Volume - Absolute size (2017 - 2026) .............................................................................. 2
Figure 2: Volume - Volume Consumption per capita (population) (2017 - 2026) .................................. 2
Figure 3: Volume - Growth (2017 - 2026) ....................................................................................... 3
Table 1: Volume (2017 - 2026) ..................................................................................................... 3
Retail market value in local currency 4
Highlights ...................................................................................................................................... 4
Figure 4: Value in Local Currency - Value (2017 - 2026) ................................................................... 4
Figure 5: Value in Local Currency - Unit prices (2017 - 2026) ............................................................ 4
Figure 6: Value in Local Currency - Value growth (2017 - 2026) ........................................................ 5
Table 2: Value in Local Currency (2017 - 2026) ............................................................................... 5
Retail market value in USD 6
Figure 7: Value in USD - Value (2017 - 2026) ................................................................................. 6
Figure 8: Value in USD - Spend per capita (population) (2017 - 2026) ............................................... 6
Figure 9: Value in USD - Spend as a proportion of GDP (2017 - 2026) ................................................ 7
Figure 10: Value in USD - Unit prices (2017 - 2026) ........................................................................ 7
Figure 11: Value in USD - Value growth (2017 - 2026) ..................................................................... 7
Table 3: Value in USD (2017 - 2026) ............................................................................................. 8
Market Segmentations 9
Figure 12: Singapore - Energy Drinks: Retail market segmentation by volume ((000) litres) (2020 - 2021)
..................................................................................................................................................... 9
Table 4: Singapore - Energy Drinks: Retail market segmentation by volume ((000) litres) (2020 - 2021) 9
Figure 13: Singapore - Energy Drinks: Retail market segmentation by value (m SGD) (2020 - 2021) ... 10
Table 5: Singapore - Energy Drinks: Retail market segmentation by value (m SGD) (2020 - 2021) ...... 10
Market Shares 11
Figure 14: Singapore - Energy Drinks: Company retail market share by volume (%) - 2020 ................ 11
Figure 15: Singapore - Energy Drinks: Company retail market share by volume (%) - 2021 ................ 11
Table 6: Singapore - Energy Drinks: Company retail market share by volume (%) (2020 - 2021) ........ 12
Figure 16: Singapore - Energy Drinks: Company retail market share by value (%) - 2020 .................. 13
Figure 17: Singapore - Energy Drinks: Company retail market share by value (%) - 2021 .................. 13
Table 7: Singapore - Energy Drinks: Company retail market share by value (%) (2020 - 2021) ........... 14
Company & Brand details 15
Table 8: Singapore - Energy Drinks: Company Website Links .......................................................... 15
Compound annual growth rates 16
Table 9: Retail market compound annual growth rates (2017 - 2026) ............................................... 16
Socio-economic data 17
Figure 18: Population (millions) (2017 - 2026) .............................................................................. 17
Table 10: Population (millions) (2017 - 2026) ............................................................................... 17
Figure 19: Consumer price index (CPI) (2017 - 2026) .................................................................... 18
Table 11: Consumer price index (CPI) (2017 - 2026) ..................................................................... 18
Figure 20: Gross domestic product (bn USD) (2017 - 2026) ............................................................ 19
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5. Table 12: Gross domestic product (bn USD) (2017 - 2026) ............................................................. 19
Figure 21: Exchange rates (2017 - 2026) ..................................................................................... 20
Table 13: Exchange rates (2017 - 2026) ...................................................................................... 20
Sources of Data 21
Table 14: Singapore - Energy Drinks ............................................................................................ 21
Related Research 22
About Mintel 23
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6. Definitions
Energy Drinks
Market
definitions
Retail
This market covers sugar-free and regular energy drinks and shots. Energy drinks are marketed with additives specifically designed to increase
alertness. Market size comprises sales through all retail channels including direct to consumer including vending machines. Market value is calculated
at prices in retailers.
Segment
definitions
Retail Regular This includes caffeine/guarana, taurine and other products.
Sugar-
free
This includes caffeine/guarana, taurine and other products.
Inclusions Powdered, soluble tablets, RTD and liquid concentrate/gel formats.
Exclusions Sports drinks specifically designed to replace minerals/energy lost during exercise. "Functional" waters such as vitamin waters.
Units
SGD: Singapore dollar
USD: US dollar
Note: one billion is a thousand million, one trillion is a thousand billion.
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7. Figure 1: Volume - Absolute size Figure 2: Volume - Volume Consumption per capita (population)
Retail market volume
Highlights
The Energy Drinks Retail (Singapore) market increased in volume by 0.9% in 2021.
Market volume in 2021 was 4.694 m litres.
The strongest growth in recent years for Energy Drinks Retail (Singapore) was in
2019, with a rate of 1.3%.
Compound annual growth in Energy Drinks Retail (Singapore) for the period
2017-2021 was -0.3%.
In 2026 Energy Drinks Retail (Singapore) is forecast to reach 4.923 m litres
representing a volume CAGR of 1.1% since 2022.
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8. Figure 3: Volume - Growth
Table 1: Volume
Units 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026
Absolute size m litres X.XXX X.XXX X.XXX X.XXX X.XXX X.XXX X.XXX X.XXX X.XXX X.XXX
Volume Consumption per capita (population) litres X.XXX X.XXX X.XXX X.XXX X.XXX X.XXX X.XXX X.XXX X.XXX X.XXX
Growth % X.X X.X X.X X.X X.X X.X X.X X.X X.X
Notes: Forecast updated in June 2022.
Sources: DOS, Economist Intelligence Unit, Trade Interviews, Company Information, Mintel
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9. Figure 4: Value in Local Currency - Value Figure 5: Value in Local Currency - Unit prices
Retail market value in local currency
Highlights
The Energy Drinks Retail (Singapore) market increased in value by X.X% in 2021.
Market value in 2021 was XX.X m SGD.
The strongest growth in recent years for Energy Drinks Retail (Singapore) was in
2021, with a rate of X.X%.
Compound annual growth in Energy Drinks Retail (Singapore) for the period
2017-2021 was X.X%.
In 2026 Energy Drinks Retail (Singapore) is forecast to reach 34.8 m SGD
representing a value CAGR of X.X% since 2022.
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10. Figure 6: Value in Local Currency - Value growth
Table 2: Value in Local Currency
Units 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026
Value m SGD XX.XX XX.XX XX.XX XX.XX XX.XX XX.XX XX.XX XX.XX XX.XX XX.XX
Unit prices SGD per litre XX.XX XX.XX XX.XX XX.XX XX.XX XX.XX XX.XX XX.XX XX.XX XX.XX
Value growth % X.X X.X X.X X.X X.X X.X X.X X.X X.X
Notes: Forecast updated in June 2022.
Sources: Trade Interviews, Mintel
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11. Figure 7: Value in USD - Value Figure 8: Value in USD - Spend per capita (population)
Retail market value in USD
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12. Figure 9: Value in USD - Spend as a proportion of GDP Figure 10: Value in USD - Unit prices
Figure 11: Value in USD - Value growth
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13. Table 3: Value in USD
Units 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026
Value m USD XX.XX XX.XX XX.XX XX.XX XX.XX XX.XX XX.XX XX.XX XX.XX 25.22
Spend per capita (population) USD XX.X XX.X XX.X XX.X XX.X XX.X XX.X XX.X XX.X 4.31
Spend as a proportion of GDP % X.XXXXX X.XXXXX X.XXXXX X.XXXXX X.XXXXX X.XXXXX X.XXXXX X.XXXXX X.XXXXX 0.005182
Unit prices USD per litre XX.X XX.X XX.X XX.X XX.X XX.X XX.X XX.X XX.X 5.123
Value growth % X.X X.X X.X X.X X.X X.X X.X X.X 2.6
Sources: Economist Intelligence Unit, Trade Interviews, Mintel
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14. Market Segmentations
Figure 12: Singapore - Energy Drinks: Retail market segmentation by volume ((000) litres)
Table 4: Singapore - Energy Drinks: Retail market segmentation by volume ((000) litres)
Segment 2020 2021
Total X,XXX X,XXX
Regular X,XXX X,XXX
Sugar-free XXX XXX
Sources: Company Information, Trade Interviews, Mintel
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15. Figure 13: Singapore - Energy Drinks: Retail market segmentation by value (m SGD)
Table 5: Singapore - Energy Drinks: Retail market segmentation by value (m SGD)
Segment 2020 2021
Total XX.XX XX.XX
Regular XX.XX XX.XX
Sugar-free X.XX X.XX
Sources: Trade Interviews, Mintel
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16. Market Shares
Figure 14: Singapore - Energy Drinks: Company retail market share by volume (%) - 2020
Figure 15: Singapore - Energy Drinks: Company retail market share by volume (%) - 2021
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17. Table 6: Singapore - Energy Drinks: Company retail market share by volume (%)
Market Player 2020 2021
Red Bull GmbH XX.X XX.X
The Coca-Cola Company XX.X XX.X
Others X.X X.X
Sources: Company Information, Trade Interviews, Mintel
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18. Figure 16: Singapore - Energy Drinks: Company retail market share by value (%) - 2020
Figure 17: Singapore - Energy Drinks: Company retail market share by value (%) - 2021
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19. Table 7: Singapore - Energy Drinks: Company retail market share by value (%)
Market Player 2020 2021
Red Bull GmbH XX.X XX.X
The Coca-Cola Company XX.X XX.X
Others XX.X XX.X
Notes: The Coca-Cola Company is the parent company of Monster Beverage Corporation.
Sources: Trade Interviews, Mintel
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20. Company & Brand details
Table 8: Singapore - Energy Drinks: Company Website Links
Company Company Website
Red Bull GmbH http://www.redbull.com
The Coca-Cola Company http://www.coca-colacompany.com
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21. Compound annual growth rates
Table 9: Retail market compound annual growth rates
Units 2017-2021 2022-2026
Value % X.X X.X
Volume % X.X X.X
Note: Value figures are based on the market sizes in the local currency.
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22. Socio-economic data
Figure 18: Population (millions)
Table 10: Population (millions)
Location 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026
Singapore X.XX X.XX X.XX X.XX X.XX X.XX X.XX X.XX X.XX X.XX
Sources: Economist Intelligence Unit
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23. Figure 19: Consumer price index (CPI)
Table 11: Consumer price index (CPI)
Location 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026
Singapore XXX.X XXX.X XXX.X XXX.X XXX.X XXX.X XXX.X XXX.X XXX.X XXX.X
Sources: Economist Intelligence Unit
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24. Figure 20: Gross domestic product (bn USD)
Table 12: Gross domestic product (bn USD)
Location 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026
Singapore XX.XX XX.XX XX.XX XX.XX XX.XX XX.XX XX.XX XX.XX XX.XX XX.XX
Sources: Economist Intelligence Unit
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25. Figure 21: Exchange rates
Table 13: Exchange rates
Currency 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026
SGD / USD X.XX X.XX X.XX X.XX X.XX X.XX X.XX X.XX X.XX X.XX
Sources: Economist Intelligence Unit
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26. Sources of Data
Table 14: Singapore - Energy Drinks
Source Telephone Fax Website Address
Singapore Department of Statistics (DOS) +65 6332 7686 +65 6332 7689 http://www.singstat.gov.sg 109 North Bridge Road, #08-01 Funan, Singapore 179097
Economist Intelligence Unit
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The EIU is the source of all socio-economic data contained within Mintel Market Sizes. With specialist economic and political insight for over 200 locations EIU data perfectly
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27. Related research
This report has been generated by Mintel Market Sizes, a trusted database containing market size, market share and forecast data for thousands of consumer goods categories
worldwide. To learn more visit marketsizes.mintel.com You may be interested in other available research related to this report:
Energy Drinks in Australia (2021)
Energy Drinks in Canada (2020)
Energy Drinks in China (2022)
Energy Drinks in India (2021)
Energy Drinks in Indonesia (2021)
Energy Drinks in Japan (2022)
Energy Drinks in Malaysia (2022)
Energy Drinks in New Zealand (2020)
Energy Drinks in Philippines (2020)
Energy Drinks in South Korea (2022)
Energy Drinks in Thailand (2020)
Energy Drinks in Vietnam (2021)
Subscription options
Energy Drinks in Singapore (2022) is included in a number of subscription packages.
Subscription by Region:
Singapore – All Markets
Asia Pacific – All Markets
Global – All Markets
Subscription by Industry:
Non-alcoholic Drinks – Global Non-alcoholic Drinks – Asia Pacific
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