Chocolate confectionery is set to record solid retail current value growth in 2023, driven by unit price increases of around 10% in most categories. Meanwhile, without innovation in terms of flavours, and digital campaigns, stronger volume declines would have been a reality across categories, as consumers have focused on reducing their spending on non-essential items. Limited-edition launches have proven to be effective in driving sales when partnered with targeted promotions to incentivise cons...
Euromonitor International's Chocolate Confectionery 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 2018-2022, 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 2027, clearly indicating how the market is expected to change.
Product coverage: Boxed Assortments, Chocolate Pouches and Bags, Chocolate with Toys, Countlines, Other Chocolate Confectionery, Seasonal Chocolate, Tablets.
Data coverage: market sizes (historic and forecasts), company shares, brand shares and distribution data.
Why buy this report? * Get a detailed picture of the Chocolate Confectionery 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.
Chocolate Confectionery in South Africa
Euromonitor International
July 2023
List Of Contents And Tables
CHOCOLATE CONFECTIONERY IN SOUTH AFRICA
KEY DATA FINDINGS
2023 DEVELOPMENTS
In addition to double-digit unit price increases, flavour innovation and digital campaigns drive value sales
Wider distribution increases impulse occasions outside of supermarkets
New value equation sees a rise in premiumisation and value for money offerings
PROSPECTS AND OPPORTUNITIES
“Shrinkflation” could help maintain affordable price points for chocolate confectionery as raw materials prices continue to rise
Value-added indulgences expected to perform better over the forecast period
Warning labels on the cards for products high in sugar, fat, sodium, or artificial sweeteners
CATEGORY DATA
Table 1 Sales of Chocolate Confectionery by Category: Volume 2018-2023
Table 2 Sales of Chocolate Confectionery by Category: Value 2018-2023
Table 3 Sales of Chocolate Confectionery by Category: % Volume Growth 2018-2023
Table 4 Sales of Chocolate Confectionery by Category: % Value Growth 2018-2023
Table 5 Sales of Chocolate Tablets by Type: % Value 2018-2023
Table 6 NBO Company Shares of Chocolate Confectionery: % Value 2019-2023
Table 7 LBN Brand Shares of Chocolate Confectionery: % Value 2020-2023
Table 8 Distribution of Chocolate Confectionery by Format: % Value 2018-2023
Table 9 Forecast Sales of Chocolate Confectionery by Category: Volume 2023-2028
Table 10 Forecast Sales of Chocolate Confectionery by Category: Value 2023-2028
Table 11 Forecast Sales of Chocolate Confectionery by Category: % Volume Growth 2023-2028
Table 12 Forecast Sales of Chocolate Confectionery by Category: % Value Growth 2023-2028
SNACKS IN SOUTH AFRICA
EXECUTIVE SUMMARY
Snacks in 2023: The big picture
Key trends in 2023
Competitive landscape
Channel developments
What next for snacks?
MARKET DATA
Table 13 Sales of Snacks by Category: Volume 2018-2023
Table 14 Sales of Snacks by Category: Value 2018-2023
Table 15 Sales of Snacks by Category: % Volume Growth 2018-2023
Table 16 Sales of Snacks by Category: % Value Growth 2018-2023
Table 17 NBO Company Shares of Snacks: % Value 2019-2023
Table 18 LBN Brand Shares of Snacks: % Value 2020-2023
Table 19 Penetration of Private Label by Category: % Value 2018-2023
Table 20 Distribution of Snacks by Format: % Value 2018-2023
Table 21 Forecast Sales of Snacks by Category: Volume 2023-2028
Table 22 Forecast Sales of Snacks by Category: Value 2023-2028
Table 23 Forecast Sales of Snacks by Category: % Volume Growth 2023-2028
Table 24 Forecast Sales of Snacks by Category: % Value Growth 2023-2028