Oral reply to PQ on impact of whey protein prices on infant formula affordability in Singapore

Question:

Mr Fadli Fawzi: To ask the Minister for Trade and Industry (Energy and Industry) (a) whether the global surge in whey protein prices has impacted the price of infant formula in Singapore; and (b) what will the Government do to ensure that prices of infant formula remain stable and affordable in Singapore.

Oral Answer (to be attributed to Mr Foo Cexiang, Minister of State for Trade & Industry and Manpower)

1 Higher global whey protein prices, alongside other rising costs such as freight costs, could have contributed to the 2.8% year-on-year increase in infant formula retail prices between January and July 2026 in Singapore.

2 The Government’s approach is to promote fair competition and encourage a diversified supply chain, so that families have access to more choices of infant formula products. We also help consumers make informed purchasing decisions through greater price and information transparency. For example, the Government has worked with the Consumers Association of Singapore to develop the mobile application Price Kaki, which allows consumers to compare the prices of a wide range of daily essentials across various retailers, including infant formula products. The Competition and Consumer Commission of Singapore will also take firm enforcement action if there is any evidence of anti-competitive conduct by businesses.