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Singapore frozen food market is expected to be valued at USD 141.4 Million By 2024. Singapore is the tourist hub of Asia Pacific region, the country is expected to have huge food industry with many restaurants, hotels, airline caterers, hospitals, ship handlers, and clubs. Singapore tends to be a strategic entry point for key exporters who are looking to tap into the vast regional market.
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Your Catalyst to a Lucrative Business Singapore Frozen Food Market Share, Application,Growth, Research and Forecasts to 2024 | HexaResearch “ Singapore frozen food market is expected to be valued at USD 141.4Million By2024.” 17 January2019 Singapore frozen food marketis expected to be valued at USD 141.4 Million By 2024. Singapore is the tourist hub of Asia Pacific region, the country is expected to have huge food industry with many restaurants, hotels, airline caterers, hospitals, ship handlers, and clubs. Singapore tends to be a strategic entry point for key exporters who are looking to tap into the vast regional market. Furthermore, well established judicial system, stable political structure, good corporate governance, and presence of strong domestic institutions have made Singapore the favourite destination for business setup andoperations. Growing urbanization coupled with rising disposable income is expected to be one of among the key drivers for the rise in purchasing power of frozen food products by local people. Frozen food market in Singapore is on the edge of further expansion owing to the rapid expansion of food outlets along with reduced tariff barriers on frozen food imports by the government. However, highly priced frozen food products from multinational brands are expected to hamper the overall frozen food segment in Singapore but, sophisticated health-conscious adults, as well as teenagers, are ready to pay premium prices for the superior qualityprovided. Browse Details of Report @https://www.hexaresearch.com/research-report/singapore-frozen-food-market FollowUs:
Your Catalyst to a Lucrative Business • Frozen meat products are the largest segment of the frozen food market in Singapore, accounting for a maximum market revenue share of more than 30% in the year 2016 and is expected to grow at ahealthy CAGR owing to changing the perception of local people of Singapore towards frozen meat and seafood products on a positivescale. • Singaporeisthetouristhubof theAsiaPacificregion,thecountryisexpectedtohavehugefoodindustry with many restaurants, hotels, airline caterers, hospitals, ship handlers, and clubs. Singapore tends to beastrategicentrypointforkeyexporterswhoarelookingtotapintothevastregionalmarket.Thetrend for ready meals and convenience food is further expected to drive the growth of frozen food market in Singapore. • Hexa Research has segmented the Singapore frozen food market report based on type and distribution chanel: • Segmentation byType • Frozen readymeals • FrozenPizza • Frozenfish/seafood • FrozenMeat • Frozen potatoproducts • Frozen bakeryproducts • Others • Segmentation by DistributionChannel • Online • Offline • Key playersanalyzed: • Ben Foods PvtLtd • C S Tay Foods PvtLtd • Charoen Pokphand Intertrade PteLtd • Auric Pacific GroupLimited • Ken Ken Food Mfg. PvtLtd • Browse Related Category Market Reports @https://www.hexaresearch.com/research-category/food-and- beverages-industry FollowUs:
Your Catalyst to a Lucrative Business AboutUs: Hexa Research is a market research and consulting organization, offering industry reports, custom research and consulting services to a host of key industries across the globe. We offer comprehensive business intelligence in the form of industry reports which help our clients obtain clarity about their business environment and enable them to undertake strategic growthinitiatives. ContactUs: Ryan Shaw HexaResearch Felton Office Plaza 6265 Highway9 Felton, California 95018 UnitedStates Phone:+1-800-489-3075 Email:sales@hexaresearch.com Website -https://www.hexaresearch.com FollowUs: