Page 37 - FoodFocusThailand No.166 January 2020
P. 37

SPECIAL FOCUS
                                                                                                         SPECIAL FOCUS
                  with companies mainly focusing on the development of new better for   to drive demand for healthier packaged food products among
                  you (BFY) and fortified/functional (FF) products.     foodservice operators over the forecast period. In particular, demand
                     Another consequence of rising health-consciousness is that more   for products rich in plant proteins looks set to rise in line with the
                  Singaporeans now aim to regularly cook for themselves at home   increasing adoption of vegetarian and vegan diets by Singaporeans
                  instead of eating out. However, due to increasingly hectic lifestyles,   and further growth in the number of foodservice outlets offering these
                  many people have limited time for cooking. This is driving demand for   types of cuisine. In addition to meat substitutes, such products will
                  more convenient packaged food products that can reduce the amount   include free from dairy milk, yoghurt and ice cream options made with
                  of time and effort involved in meal preparation, such as cooking sauces.   plant proteins.
                  Over the review period, manufacturers continuously launched products   Independent Operators Lead Innovation in
                  that make it easier for consumers to prepare dishes commonly ordered   Foodservice Menus and Concepts
                  in foodservice outlets in their own kitchens. For example, Unilever
                  launched Knorr Golden Salted Egg Powder, while Woh Hup Industries   Intense competition is increasingly driving foodservice operators in
                  Pte Ltd introduced Assam Paste. Other players introduced ready meals   Singapore to adopt more novel or innovative menus, concepts and
                  based on popular foodservice dishes such as mala hot pot.   interior design features in an effort to attract consumers into their
                                                                        outlets. Such activities are also being fuelled by the growing popularity
                  Supermarkets Remains the Leading Distribution         among consumers of sharing photos of dining experiences on social
                  Channel                                               media platforms such as Facebook and Instagram, which can help
                  Supermarkets remained the leading distribution channel for packaged   foodservice outlets to gain wider recognition.
                  food in Singapore in retail value sales terms in 2018. Supermarkets   Foodservice Operators Launch Branded Packaged
                  outlets are widely present across the island, with some operating on   Food Products for Retail Sale
                  a 24-hour basis to cater to consumers with busy lifestyles. Internet
                  retailing continued to gain ground in packaged food distribution in 2018   In recent years many foodservice players have released their own
                  as increasingly hectic lifestyles strengthened consumer appreciation   branded packaged food products for sale via various channels. For
                  for the convenience of online shopping. The channel’s performance   example, Hai Di Lao and Jumbo Seafood now offer packaged sauces
                  was also bolstered by the growing success of online players like   via their own outlets and websites. It is expected that more foodservice
                  RedMart and honestbee. Singaporeans mainly turn to this channel for   operators will adopt this strategy over the forecast period in an effort
                  bulkier product types such as rice, edible oils and milk formula. When   to increase revenues and reach more consumers. At the same time,
                  it comes to everyday grocery items like snacks, yoghurt or sauces,   it is expected that packaged food manufacturers will continue to
                  dressings and condiments, most consumers still prefer to go to brick-  introduce  new  products  and  flavour  variants  inspired  by  popular
                  and-mortar retail outlets, as this enables them to inspect products   foodservice trends. One notable recent example of this strategy has
                  before purchase.                                      been the launch of snacks and sauces products based on salted egg
                                                                        yolk, which initially gained popularity on foodservice menus.
                  Diverse Foodservice Landscape Creates Demand for
                  Wide Variety of Packaged Food types
                  Singapore  is  one  of  the Asia  Pacific  region’s  food  capitals,  with   เอกสารอ้างอิง/References
                  foodservice outlets offering an array of dishes present across the   ส�ำนักงำนส่งเสริมกำรค้ำในต่ำงประเทศ ณ กรุงสิงคโปร์ กันยำยน 2562
                  island. It is expected that the health and wellness trend will continue   Euromonitor International. Packaged Food in Singapore. December 2018













































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