South Africa Savory Snacks Market Summary, Competitive Analysis and Forecast to 2027

Savory Snacks 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 savory snacks market consists of the retail sale of ethnic/traditional snacks, meat snacks, nuts and seeds, popcorn, potato chips, processed snacks and pretzels products. The market is valued according to retail selling price (RSP) and includes any applicable taxes. All currency conversions have been made using constant annual average 2022 exchange rates.
• The South African Savory Snacks market had total revenues of $1,662.5 million in 2022, representing a compound annual growth rate (CAGR) of 9.2% between 2017 and 2022.
• Market consumption volume increased with a CAGR of 5.3% between 2017 and 2022, to reach a total of 189.6 million kilograms in 2022.
• The performance of the market is forecast to decelerate, with an anticipated CAGR of 5.4% for the five-year period 2022 - 2027, which is expected to drive the market to a value of $2,159.1 million 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 savory snacks market in South Africa
• Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the savory snacks market in South Africa
• Leading company profiles reveal details of key savory snacks market players’ global operations and financial performance
• Add weight to presentations and pitches by understanding the future growth prospects of the South Africa savory snacks market with five year forecasts by both value and volume

Reasons to Buy

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