Singapore’s online grocery market is set to triple in growth over the next three years, from S$130 million (US$91 million) to S$0.5 billion (US$0.35 billion) by 2020, according to brand-new forecasts unveiled by international grocery research organisation IGD.
Yoghurt is a common dairy product across all consumer age groups, but what factors play a part in purchasing decisions? Patrick Young, Insight Director, Kadence International, shares his opinion.
The new facility, Newtrition Lab Asia Pacific, is located at Singapore Polytechnic.
Western Australia’s (WA) Premier Colin Barnett was in Singapore recently to commemorate the international launch of Western Australia Worth Sharing, an export-focused agriculture brand.
45 representatives from 37 food and beverage companies from over 16 European Union (EU) Member States from Belgium to the UK went on a regional business promotion tour to the Singapore, Hanoi, Ho Chi Minh City, and Jakarta.
The ingredients provider expects to more than double the size of its current Singapore laboratory with new facilities such as a pilot plant with scale food processing equipment.
A major US$18 million expansion of Barry Callebaut’s facility in Singapore includes installation of a third production line, a chocolate chips/drops moulding line and a warehouse.
With the Memorandum of Understanding (MOU) they signed with Singapore’s e2i (Employment and Employability Institute), both parties pledge to develop a framework together for continuous learning through masterclasses, refresher courses, site visits and talks.
Singapore’s food and beverage industry contributes an estimated S$14.4 billion (US$10.5 billion) to gross domestic production (GDP) and employs nearly 300,000 people, a report released by Food Industry Asia (FIA) shows.
The food services Industry Transformation Map (ITM) is the first of 23 ITMs being developed under the S$4.5 billion (US$3.34 billion) Industry Transformation Programme announced in the Singapore Budget 2016.