Baked Goods in South Africa

Baked Goods in South Africa


Retail demand for baked goods in South Africa continues to decline in 2024, driven mainly by higher unit prices. The largest category of bread continues to record volume declines as consumers switch to more affordable staples that stretch further, such as rice or maize meal. While food price increases have eased compared to the previous year, the average unit price of bread continues to record double-digit growth due to global wheat prices, the strength of the local currency, production, energy...

Euromonitor International's Baked Goods in South Africa report offers in-depth knowledge of the market at a national level, providing local insight and understanding unavailable elsewhere. In addition to the latest retail sales data 2019-2023, it identifies the leading companies, brands and retail outlets, and assesses the key trends and demographic shifts behind consumer demand and sales growth. How key trends such as health and wellness, sustainability and recovery from the pandemic are shaping the market in <|Year|> directly informs our forecasts to 2028, clearly indicating how the market is expected to change.

Product coverage: Bread, Cakes, Dessert Mixes, Dessert Pies and Tarts, Frozen Baked Goods, Pastries.

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

Why buy this report?
* Get a detailed picture of the Baked Goods 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.


Baked Goods in South Africa
Euromonitor International
December 2024
List Of Contents And Tables
BAKED GOODS IN SOUTH AFRICA
KEY DATA FINDINGS
2024 DEVELOPMENTS
Intense competition and constrained market environment lead to another year of decline
Health and wellness trend drives up demand for flat bread and fortified options
Gradual shifts in consumers’ purchasing behaviour influences distribution
PROSPECTS AND OPPORTUNITIES
Affordability expected to remain leading demand driver for bread as volatile global wheat prices persist
Tiger Consumer Brands calls for local partnership to reduce imports and boost local production
Private label set to continue lead innovation within cakes and pastries
CATEGORY DATA
Table 1 Sales of Baked Goods by Category: Volume 2019-2024
Table 2 Sales of Baked Goods by Category: Value 2019-2024
Table 3 Sales of Baked Goods by Category: % Volume Growth 2019-2024
Table 4 Sales of Baked Goods by Category: % Value Growth 2019-2024
Table 5 Sales of Pastries by Type: % Value 2019-2024
Table 6 NBO Company Shares of Baked Goods: % Value 2020-2024
Table 7 LBN Brand Shares of Baked Goods: % Value 2021-2024
Table 8 Distribution of Baked Goods by Format: % Value 2019-2024
Table 9 Forecast Sales of Baked Goods by Category: Volume 2024-2029
Table 10 Forecast Sales of Baked Goods by Category: Value 2024-2029
Table 11 Forecast Sales of Baked Goods by Category: % Volume Growth 2024-2029
Table 12 Forecast Sales of Baked Goods by Category: % Value Growth 2024-2029
STAPLE FOODS IN SOUTH AFRICA
EXECUTIVE SUMMARY
Staple foods in 2024: The big picture
Key trends in 2024
Competitive Landscape
Channel developments
What next for staple foods?
MARKET DATA
Table 13 Sales of Staple Foods by Category: Volume 2019-2024
Table 14 Sales of Staple Foods by Category: Value 2019-2024
Table 15 Sales of Staple Foods by Category: % Volume Growth 2019-2024
Table 16 Sales of Staple Foods by Category: % Value Growth 2019-2024
Table 17 NBO Company Shares of Staple Foods: % Value 2020-2024
Table 18 LBN Brand Shares of Staple Foods: % Value 2021-2024
Table 19 Penetration of Private Label by Category: % Value 2019-2024
Table 20 Distribution of Staple Foods by Format: % Value 2019-2024
Table 21 Forecast Sales of Staple Foods by Category: Volume 2024-2029
Table 22 Forecast Sales of Staple Foods by Category: Value 2024-2029
Table 23 Forecast Sales of Staple Foods by Category: % Volume Growth 2024-2029
Table 24 Forecast Sales of Staple Foods by Category: % Value Growth 2024-2029
DISCLAIMER
SOURCES
Summary 1 Research Sources

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