Singapore: Food Processing Ingredients
As Singapore is highly dependent on imported foods, it is one of Asia’s largest importers of processed food and beverage products. With limited agricultural resources, raw materials for the food processing industry are mostly imported. Local food manufacturers cannot meet demands for both domestic and reexport markets. Due to demographic and lifestyle changes, the sector is expected to expand, and there are emerging trends such as growing demand for healthier products. U.S best seller products include breakfast cereals, juices, some dairy products (e.g. cheese) and pet food, and U.S. best potential products include prepared/processed fish, pork, and wine/beer.
