
Sugar Confectionery in South Africa
Description
Sugar Confectionery in South Africa
Sugar confectionery is set to record high single-digit retail current value growth in 2023; however, rising unit prices are expected to drive down retail volume demand. Most categories are projected to see double-digit growth in unit prices as a result of rising production costs, such as added overhead costs for back-up power generation, and rising prices of raw materials. In 2020, the government signed the Sugar Masterplan, which focused on boosting local production of sugar. According to the M...
Euromonitor International's Sugar 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: Boiled Sweets, Liquorice, Lollipops, Medicated Confectionery, Mints, Other Sugar Confectionery, Pastilles, Gummies, Jellies and Chews, Toffees, Caramels and Nougat.
Data coverage: market sizes (historic and forecasts), company shares, brand shares and distribution data.
Why buy this report?
* Get a detailed picture of the Sugar 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.
Table of Contents
24 Pages
- Sugar Confectionery in South Africa
- Euromonitor International
- July 2023
- List Of Contents And Tables
- SUGAR CONFECTIONERY IN SOUTH AFRICA
- KEY DATA FINDINGS
- 2023 DEVELOPMENTS
- Double-digit unit price increases drive down volume demand for sugar confectionery
- Tiger Consumer Brands remains the leader, but Premier Foods intensifies the competitive landscape
- Private label drives innovation and premiumisation, while still offering value for money
- PROSPECTS AND OPPORTUNITIES
- Changes in pack size expected, to hold onto cash-strapped consumers
- Cheap imports likely to remain a threat to mainstream brands during the forecast period
- Potential for warning labels for products high in sugar, fat, sodium, and artificial sweeteners
- CATEGORY DATA
- Summary 1 Other Sugar Confectionery by Product Type: 2023
- Table 1 Sales of Sugar Confectionery by Category: Volume 2018-2023
- Table 2 Sales of Sugar Confectionery by Category: Value 2018-2023
- Table 3 Sales of Sugar Confectionery by Category: % Volume Growth 2018-2023
- Table 4 Sales of Sugar Confectionery by Category: % Value Growth 2018-2023
- Table 5 Sales of Pastilles, Gummies, Jellies and Chews by Type: % Value 2018-2023
- Table 6 NBO Company Shares of Sugar Confectionery: % Value 2019-2023
- Table 7 LBN Brand Shares of Sugar Confectionery: % Value 2020-2023
- Table 8 Distribution of Sugar Confectionery by Format: % Value 2018-2023
- Table 9 Forecast Sales of Sugar Confectionery by Category: Volume 2023-2028
- Table 10 Forecast Sales of Sugar Confectionery by Category: Value 2023-2028
- Table 11 Forecast Sales of Sugar Confectionery by Category: % Volume Growth 2023-2028
- Table 12 Forecast Sales of Sugar 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
- DISCLAIMER
- SOURCES
- Summary 2 Research Sources
Pricing
Currency Rates
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