New Market Report: Packaged Food in Singapore
The packaged food market in Singapore records the stable growth in 2013, showing similar growth to the constant value CAGR recorded over the review period. Although GDP growth was slower in 2012, 2013 is likely to see more optimistic signs of growth. As consumers' purchasing power remains strong in Singapore, they are shifting to purchase more premium and artisanal products in order to pamper themselves. The manufacturers are also introducing more value added products, such as smaller-packaged...
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