Grocery market in Singapore

The Singapore Grocery eCommerce market is predicted to reach US$1,047.0 million by 2024 and accounts for 10.6% of the total eCommerce market in Singapore. It is expected to increase over the next years. The expected compound annual growth rate for the next four years (CAGR 2024-2028) will be 22.6%, resulting in a projected market volume of US$2,362.3 million by 2028. Within the Grocery market ECDB considers the following two sub-markets: Food and Beverages.

Market development

eCommerce revenue development in the Other Non-Alcoholic Beverages market in Singapore

The Singapore Other Non-Alcoholic Beverages eCommerce market is predicted to reach US$40.9 million by 2024 and accounts for 16.2% of the Non-Alcoholic Beverages eCommerce market in Singapore. It is expected to increase over the next years. The expected compound annual growth rate for the next four years (CAGR 2024-2028) will be 26.6%, resulting in a projected market volume of US$104.9 million by 2028. The Other Non-Alcoholic Beverages eCommerce market is a sub-market of the Non-Alcoholic Beverages market. Further categories within the Non-Alcoholic Beverages market are: Hot Drinks, Juices, and Water.

eCommerce revenue development in the Other Non-Alcoholic Beverages market in Singapore

in million US$

eCommerce revenue growth in the Other Non-Alcoholic Beverages market in Singapore

in %

Net eCommerce revenue split by sub-category

in %
2020 2021 2022 2023 2024 2025 2026 2027
Revenue (in mUS$) 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0
Growth (in %) 44.2 20.0 22.6 55.9 83.0 49.1 28.6 43.8

Online share

eCommerce online share of the total Other Non-Alcoholic Beverages market in Singapore

The online share refers to the proportion of the retail volume that is transacted via the Internet. It includes purchases via desktop PC, tablet or smartphone, both via website or app. Only retail of physical goods is taken into account. In the Singapore Other Non-Alcoholic Beverages retail market, the online share is 7.4% and will increase by an average of 36.9% to 25.9% by 2028.

eCommerce online share of the total Other Non-Alcoholic Beverages market in Singapore

in %
2020 2021 2022 2023 2024 2025 2026 2027
Online share (in %) 84.5% 88.3% 63.4% 83.0% 7.6% 10.9% 31.2% 50.7%

Market definition

Definition of the Other Non-Alcoholic Beverages market within the Grocery market

Market definition: Grocery > Beverages > Non-Alcoholic Beverages > Other Non-Alcoholic Beverages The category Other Non-Alcoholic Beverages includes the online trade of soft drinks, energy drinks, sports and isotonic drinks, and more. All monetary figures refer to the annual gross revenue and do not factor in shipping costs.

In-scope

  • Soft drinks
  • Energy drinks
  • Sports and isotonic drinks
  • Smoothies
  • Non-alcoholic beer and wine