South Africa Functional Drinks Market Summary, Competitive Analysis and Forecast to 2027

Functional Drinks in South Africa industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value and volume 2017-22, and forecast to 2027). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.

Key Highlights

The functional drinks market consists of retail sale of sports drinks and energy drinks. Sports drinks are defined as drinks with performance-enhancing properties, described as 'isotonic', 'hypertonic' or 'hypotonic'. Energy drinks are defined as those with energy-enhancing properties; mainly carbonated and containing stimulants such as caffeine, taurine, guarana, glucuronolactone, yerba mate, along with glucose syrup (corn syrup) and maltodextrin. The market is valued according to retail selling price (RSP) and includes any applicable taxes. All currency conversions used in the creation of this report have been calculated using constant annual average 2022 exchange rates.
The South African Functional Drinks market had total revenues of $1.22 billion in 2022, representing a compound annual growth rate (CAGR) of 11.2% between 2017 and 2022.
Market consumption volume increased with a CAGR of 9.1% between 2017 and 2022, to reach a total of 589 million liters in 2022.
The performance of the market is forecast to decelerate, with an anticipated CAGR of 7.9% for the five-year period 2022 - 2027, which is expected to drive the market to a value of $1.78 billion by the end of 2027.

Scope

Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the functional drinks market in South Africa
Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the functional drinks market in South Africa
Leading company profiles reveal details of key functional drinks market players’ global operations and financial performance
Add weight to presentations and pitches by understanding the future growth prospects of the South Africa functional drinks market with five year forecasts by both value and volume

Reasons to Buy

What was the size of the South Africa functional drinks market by value in 2022?
What will be the size of the South Africa functional drinks market in 2027?
What factors are affecting the strength of competition in the South Africa functional drinks market?
How has the market performed over the last five years?
Who are the top competitors in South Africa's functional drinks market?

1 Executive Summary

1.1. Market value
1.2. Market value forecast
1.3. Market volume
1.4. Market volume forecast
1.5. Category segmentation
1.6. Geography segmentation
1.7. Market share
1.8. Market rivalry
1.9. Competitive landscape

2 Market Overview

2.1. Market definition
2.2. Market analysis

3 Market Data

3.1. Market value
3.2. Market volume

4 Market Segmentation

4.1. Category segmentation
4.2. Geography segmentation
4.3. Market distribution

5 Market Outlook

5.1. Market value forecast
5.2. Market volume forecast

6 Five Forces Analysis

6.1. Summary
6.2. Buyer power
6.3. Supplier power
6.4. New entrants
6.5. Threat of substitutes
6.6. Degree of rivalry

7 Competitive Landscape

7.1. Market share
7.2. Who are the leading players in the South African functional drinks market?
7.3. Which companies have been most successful in increasing their market shares in the last 5 years (2017-2022)?
7.4. Which companies market shares have suffered in the last 5 years (2017-2022)?
7.5. What are the most popular brands in the South African functional drinks market?

8 Company Profiles

8.1. Kingsley Beverages
8.2. Monster Beverage Corp
8.3. Tiger Brands Ltd

9 Macroeconomic Indicators

9.1. Country data

10 Appendix

10.1. Methodology
10.2. Industry associations
10.3. Related research
10.4. About the Publisher

List of Tables

Table 1: South Africa functional drinks market value: $ million, 2017-22
Table 2: South Africa functional drinks market volume: million liters, 2017-22
Table 3: South Africa functional drinks market category segmentation: % share, by volume, 2017-2022
Table 4: South Africa functional drinks market category segmentation: million liters, 2017-2022
Table 5: South Africa functional drinks market geography segmentation: $ million, 2022
Table 6: South Africa functional drinks market distribution: % share, by volume, 2022
Table 7: South Africa functional drinks market value forecast: $ million, 2022-27
Table 8: South Africa functional drinks market volume forecast: million liters, 2022-27
Table 9: South Africa functional drinks market share: % share, by volume, 2022
Table 10: Kingsley Beverages: key facts
Table 11: Kingsley Beverages: Key Employees
Table 12: Monster Beverage Corp: key facts
Table 13: Monster Beverage Corp: Annual Financial Ratios
Table 14: Monster Beverage Corp: Key Employees
Table 15: Tiger Brands Ltd: key facts
Table 16: Tiger Brands Ltd: Annual Financial Ratios
Table 17: Tiger Brands Ltd: Key Employees
Table 18: South Africa size of population (million), 2018-22
Table 19: South Africa gdp (constant 2005 prices, $ billion), 2018-22
Table 20: South Africa gdp (current prices, $ billion), 2018-22
Table 21: South Africa inflation, 2018-22
Table 22: South Africa consumer price index (absolute), 2018-22
Table 23: South Africa exchange rate, 2018-22

List of Figures

Figure 1: South Africa functional drinks market value: $ million, 2017-22
Figure 2: South Africa functional drinks market volume: million liters, 2017-22
Figure 3: South Africa functional drinks market category segmentation: million liters, 2017-2022
Figure 4: South Africa functional drinks market geography segmentation: % share, by value, 2022
Figure 5: South Africa functional drinks market distribution: % share, by volume, 2022
Figure 6: South Africa functional drinks market value forecast: $ million, 2022-27
Figure 7: South Africa functional drinks market volume forecast: million liters, 2022-27
Figure 8: Forces driving competition in the functional drinks market in South Africa, 2022
Figure 9: Drivers of buyer power in the functional drinks market in South Africa, 2022
Figure 10: Drivers of supplier power in the functional drinks market in South Africa, 2022
Figure 11: Factors influencing the likelihood of new entrants in the functional drinks market in South Africa, 2022
Figure 12: Factors influencing the threat of substitutes in the functional drinks market in South Africa, 2022
Figure 13: Drivers of degree of rivalry in the functional drinks market in South Africa, 2022
Figure 14: South Africa functional drinks market share: % share, by volume, 2022

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

Kingsley Beverages
Monster Beverage Corp
Tiger Brands Ltd

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Key Highlights

Scope

Reasons to Buy

Table of Contents

Companies Mentioned (Partial List)

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