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Sector Analysis
Consumer and Market Insights: Dairy & Soy Food in Singapore
Singapore’s strong economy and consumer’s high disposable income will facilitate the growth of Dairy & Soy Food market in the country. The market is being led by the Milk category both in value and volume terms while the Drinkable Yogurt category is forecast to register fastest growth during 2015-2020. Hypermarkets & Supermarkets account for the majority of distribution share for Dairy & Soy Food products in Singapore. The penetration of private label products in the market remains low.
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Sector Analysis
Consumer and Market Insights: Dairy & Soy Food in Australia
The Dairy & Soy Food market in Australia is forecast to register higher growth in value terms during 2015-2020 compared to 2010-2015 driven by the rise in GDP per capita. Milk is the leading value category in the Off-trade market while Cheese is the largest value category in the On-trade market. The Yogurt category is forecast to register the fastest growth during 2015-2020 in both Off-trade and On-trade market. The Dairy & Soy product consumption among Australians is mainly influenced...