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South Africa Syrups and Spreads Market Summary and Forecast

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    Report

  • 43 Pages
  • December 2023
  • Region: South Africa
  • MarketLine
  • ID: 5934912
Syrups & Spreads in South Africa industry profile provides top-line qualitative and quantitative summary information including: market size (value 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 Syrups & Spreads market consists of retail sale of jams, jellies & preserves, molasses, savory spreads, syrups and sweet spreads. 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 Syrups & Spreads market had total revenues of $222.5 million in 2022, representing a compound annual growth rate (CAGR) of 5.5% between 2017 and 2022.
  • Market consumption volume increased with a CAGR of 2.4% between 2017 and 2022, to reach a total of 47 million kilograms in 2022.
  • The performance of the market is forecast to decelerate, with an anticipated CAGR of 4.6% for the five-year period 2022 - 2027, which is expected to drive the market to a value of $278.7 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 syrups & spreads market in South Africa
  • Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the syrups & spreads market in South Africa
  • Leading company profiles reveal details of key syrups & spreads market players’ global operations and financial performance
  • Add weight to presentations and pitches by understanding the future growth prospects of the South Africa syrups & spreads market with five year forecasts

Reasons to Buy

  • What was the size of the South Africa syrups & spreads market by value in 2022?
  • What will be the size of the South Africa syrups & spreads market in 2027?
  • What factors are affecting the strength of competition in the South Africa syrups & spreads market?
  • How has the market performed over the last five years?
  • What are the main segments that make up South Africa's syrups & spreads market?

Table of Contents

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 syrups & spreads 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 syrups & spreads market?
8 Company Profiles
8.1. Tiger Brands Ltd
8.2. Unilever Plc.
8.3. RCL Foods Ltd
8.4. Rhodes Food Group Holdings Ltd
9 Macroeconomic Indicators
9.1. Country data
10 Appendix
10.1. Methodology
10.2. About the Publisher
List of Tables
Table 1: South Africa syrups & spreads market value: $ million, 2017-22
Table 2: South Africa syrups & spreads market volume: million kilograms, 2017-22
Table 3: South Africa syrups & spreads market category segmentation: % share, by value, 2017-2022
Table 4: South Africa syrups & spreads market category segmentation: $ million, 2017-2022
Table 5: South Africa syrups & spreads market geography segmentation: $ million, 2022
Table 6: South Africa syrups & spreads market distribution: % share, by value, 2022
Table 7: South Africa syrups & spreads market value forecast: $ million, 2022-27
Table 8: South Africa syrups & spreads market volume forecast: million kilograms, 2022-27
Table 9: South Africa syrups & spreads market share: % share, by value, 2022
Table 10: Tiger Brands Ltd: key facts
Table 11: Tiger Brands Ltd: Annual Financial Ratios
Table 12: Tiger Brands Ltd: Key Employees
Table 13: Unilever Plc.: key facts
Table 14: Unilever Plc.: Annual Financial Ratios
Table 15: Unilever Plc.: Key Employees
Table 16: Unilever Plc.: Key Employees Continued
Table 17: RCL Foods Ltd: key facts
Table 18: RCL Foods Ltd: Annual Financial Ratios
Table 19: RCL Foods Ltd: Key Employees
Table 20: Rhodes Food Group Holdings Ltd: key facts
Table 21: Rhodes Food Group Holdings Ltd: Annual Financial Ratios
Table 22: Rhodes Food Group Holdings Ltd: Key Employees
Table 23: South Africa size of population (million), 2018-22
Table 24: South Africa gdp (constant 2005 prices, $ billion), 2018-22
Table 25: South Africa gdp (current prices, $ billion), 2018-22
Table 26: South Africa inflation, 2018-22
Table 27: South Africa consumer price index (absolute), 2018-22
Table 28: South Africa exchange rate, 2018-22
List of Figures
Figure 1: South Africa syrups & spreads market value: $ million, 2017-22
Figure 2: South Africa syrups & spreads market volume: million kilograms, 2017-22
Figure 3: South Africa syrups & spreads market category segmentation: $ million, 2017-2022
Figure 4: South Africa syrups & spreads market geography segmentation: % share, by value, 2022
Figure 5: South Africa syrups & spreads market distribution: % share, by value, 2022
Figure 6: South Africa syrups & spreads market value forecast: $ million, 2022-27
Figure 7: South Africa syrups & spreads market volume forecast: million kilograms, 2022-27
Figure 8: Forces driving competition in the syrups & spreads market in South Africa, 2022
Figure 9: Drivers of buyer power in the syrups & spreads market in South Africa, 2022
Figure 10: Drivers of supplier power in the syrups & spreads market in South Africa, 2022
Figure 11: Factors influencing the likelihood of new entrants in the syrups & spreads market in South Africa, 2022
Figure 12: Factors influencing the threat of substitutes in the syrups & spreads market in South Africa, 2022
Figure 13: Drivers of degree of rivalry in the syrups & spreads market in South Africa, 2022
Figure 14: South Africa syrups & spreads market share: % share, by value, 2022

Companies Mentioned (Partial List)

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

  • Tiger Brands Ltd
  • Unilever Plc.
  • RCL Foods Ltd
  • Rhodes Food Group Holdings Ltd