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HW Snacks in South Africa

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    Report

  • 11 Pages
  • November 2023
  • Region: South Africa
  • Euromonitor International
  • ID: 5946058
Private label snacks have grown in popularity as South Africans seek affordable alternatives to well-known, established brands. Retailers are capitalising on this trend by investing in research and development to create innovative snacks that cater for various tastes and dietary preferences. Private label innovation in snacks, in particular with health and wellness claims, has become an important strategy for retailers looking to increase sales and profit margins.

The HW Snacks in South Africa report tracks the developments of health-associated product types and the healthy-option positioning of competing brands across different food sectors. It provides the latest retail sales data 2018-2022, allowing you to compare health and wellness categories with each other or in the context of the total market for a sector. It identifies the leading companies, the leading brands and offers strategic analysis of key factors influencing the market- be they new product developments, legislative context or lifestyle influences. Forecasts to 2027 illustrate how the market is set to change.

Product coverage: HW Confectionery, HW Ice Cream, HW Savoury Snacks, HW Snacks by Type, HW Sweet Biscuits, Snack Bars and Fruit Snacks.

Data coverage: Market sizes (historic and forecasts), company shares, brand shares and distribution data.

Why buy this report?

  • Get a detailed picture of the HW Snacks market;
  • Pinpoint growth sectors and identify factors driving change;
  • Understand the competitive environment, the market’s major players and leading brands;
  • Use five-year forecasts to assess how the market is predicted to develop.

Table of Contents

HW SNACKS IN SOUTH AFRICAKEY DATA FINDINGS
2022 DEVELOPMENTS
  • Private label leads innovation in health and wellness snacks
  • Gluten free is leading claim in health and wellness snacks in South Africa
  • Rising interest in plant-based claim in health and wellness snacks
PROSPECTS AND OPPORTUNITIES
  • Growing concern over lifestyle diseases drive demand for healthier snacks and rigorous food labelling
  • Despite marginal declines, demand for gluten free snacks likely to be driven by higher-income South Africans
  • Growing demand for no allergens claim
MARKET DATA
  • Table 1 Sales of Snacks by Health and Wellness Type: Value 2019-2022
  • Table 2 Sales of Snacks by Health and Wellness Type: % Value Growth 2019-2022
  • Table 3 Company Shares of Gluten Free Snacks (Biggest HW Type in Global Snacks): % Value 2019-2022
  • Table 4 Company Shares of Organic Snacks (3rd Biggest HW Type in Global Snacks): % Value 2019-2022
  • Table 5 Company Shares of Vegan Snacks (4th Biggest HW Type in Global Snacks): % Value 2019-2022
  • Table 6 Company Shares of No Allergens Snacks (5th Biggest HW Type in Global Snacks): % Value 2019-2022
  • Table 7 Forecast Sales of Snacks by Health and Wellness Type: Value 2022-2027
  • Table 8 Forecast Sales of Snacks by Health and Wellness Type: % Value Growth 2022-2027
HEALTH AND WELLNESS IN SOUTH AFRICA
EXECUTIVE SUMMARY
  • Overview
  • DISCLAIMER