Cocoa - Singapore
Singapore- Revenue, at home (e.g., revenue generated in supermarkets and convenience stores) in the Cocoa market amounts to US$14.14m in 2024.
- Revenue, out-of-home (e.g., revenue generated in restaurants and bars) amounts to US$25.42m in 2024.
- Revenue, combined amounts to US$39.56m in 2024.
- The revenue, at home is expected to grow annually by 3.21% (CAGR 2024-2029).
- In global comparison, most revenue, at home is generated United States (US$2bn in 2024).
- In relation to total population figures, the average revenue per capita, at home of US$2.34 are generated in 2024.
- In the Cocoa market, volume, at home is expected to amount to 1.52m kg by 2024.
- Volume, out-of-home is expected to amount to 117.60k kg in 2024.
- Volume, combined is expected to amount to 1.64m kg in 2024.
- The Cocoa market is expected to show a volume growth, at home of 1.5% in 2025.0.
- The average volume per person, at home in the Cocoa market is expected to amount to 0.3kg in 2024.
Definition:
The Cocoa market consists of powder and powder mixes for the preparation of cocoa drinks or hot chocolate. It does not include other products based on cocoa (such as chocolate bars) or premade, Ready-to-Drink (RTD) cocoa drinks which are instead aggregated into Non-Carbonated Soft Drinks in the Non-Alcoholic Drinks market.
Additional information:
The market comprises revenue and average revenue per capita, volume and average volume per capita, price per kilogram , as well as sales channels. Per capita figures refer to a country’s or region’s whole population.
At-home market data covers retail sales via super- and hypermarkets, eCommerce, convenience stores, and similar sales channels. Out-of-home market data includes all sales in hotels and restaurants, sales by catering companies, as well as sales in cafés, bars, and similar hospitality service establishments. In the out-of-home market, the price always refers to the price per kilogram of the beverage consumed, regardless of other components in the finished beverage. Combined numbers encompass both the at-home market and the out-of-home market. All prices are valued at retail selling prices, including all sales and consumption taxes.
Key players include Nestlé (Nesquik), Baxter, and Bournvita.In-Scope
- Cocoa powder, such as Nesquik
- Drinking chocolate
Out-Of-Scope
- Other Cocoa products, e.g., chocolate bars
- Chocolate Drinks (Ready To Drink)
