Country Profile: Syrups & Spreads in South Africa

Country Profile: Syrups & Spreads in South Africa

Published: June 2019
Publisher: GlobalData
Product ref: 311276
Pages: 96
Format: PDF
Delivery: By product vendor

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Summary

The South African syrups & spreads sector is led by sweet spreads in both value and volume terms in 2018, while the jams, jellies & preserves category is expected to register the fastest value growth rate during 2018-2023. Hypermarkets& supermarkets is the leading channel for distribution of syrups & spreads in the country. Glass is the most commonly used pack material in the sector, followed by rigid plastics. Tiger Foods Limited, Unilever and Rhodes Food Group (SA) are the leading players in the sector.

GlobalData’s Country Profile report on the Syrups & Spreads sector in South Africa provides insights on high growth categories to target, trends in the usage of package materials, category level distribution channel data and market share of brands.

Scope

• The South African syrups & spreads sector is expected to grow at a CAGR of 4.1% by value during 2018-2023
• Sweet spreads is the largest category in both value and volume terms in the South African syrups & spreads sector
• The jams, jellies & preserves category is expected to register the fastest growth in value terms during 2018-2023
• Hypermarkets & supermarkets is the largest distribution channel
• Tiger Foods Limited, Unilever and Rhodes Food Group (SA) are the top three companies in the sector.

Reasons to buy

• Identify high potential categories and explore further market opportunities based on detailed value and volume analysis
• Existing and new players can analyze key distribution channels to identify and evaluate trends and opportunities
• Gain an understanding of the total competitive landscape based on detailed brand share analysis to plan effective market positioning
• Our team of analysts have placed a significant emphasis on changes expected in the market that will provide a clear picture of the opportunities that can be tapped over the next five years, resulting in revenue expansion
• The packaging analysis report helps manufacturers, in identifying the most commonly used packaging materials in the sector
• Analysis on key macro-economic indicators such as real GDP, nominal GDP, consumer price index, household consumption expenditure, population (by age group, gender, rurral-urban split, and employed people and unemployment rate. It also includes economic summary of the country along with labor market and demographic trends.



Companies Mentioned
Hugo`s
Mistro Foods (PTY) Ltd
Pioneer Foods
Rhodes Food Group (SA)
Tiger Brands Limited
Unilever
FOODCORP GROUP PTY LTD
Ferrero
Hormel Foods Corporation
Illovo Sugar
RCL Foods
Thokoman Foods Sa (Pty) Ltd

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