Despite maintaining retail volume growth throughout the pandemic and its aftermath, sweet spreads is set to turn to slight decline in 2023, although dynamic current value growth is still expected, due to price rises. Apart from the rising price of sweet spreads, the main reason for the expectation of decline in sweet spreads in 2023 is that rising wheat prices have resulted in exceptionally strong increases in the price of bread – of over 20%. As a result, consumers have reduced the quantity of...
Euromonitor International's Sweet Spreads 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: Chocolate Spreads, Honey, Jams and Preserves, Nut and Seed Based Spreads.
Data coverage: market sizes (historic and forecasts), company shares, brand shares and distribution data.
Why buy this report? * Get a detailed picture of the Sweet Spreads 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.
Sweet Spreads in South Africa
Euromonitor International
November 2023
List Of Contents And Tables
SWEET SPREADS IN SOUTH AFRICA
KEY DATA FINDINGS
2023 DEVELOPMENTS
Rising price of bread negatively impacts volume sales of sweet spreads
Honey bucks the trend and sees solid volume growth, from a low base
Brands face competition from private label in a difficult economic environment
PROSPECTS AND OPPORTUNITIES
Return to volume growth, driven by nut and seed based spreads
Brands will have to be creative to stay ahead of the competition
Healthy products and variants set to perform well
CATEGORY DATA
Table 1 Sales of Sweet Spreads by Category: Volume 2018-2023
Table 2 Sales of Sweet Spreads by Category: Value 2018-2023
Table 3 Sales of Sweet Spreads by Category: % Volume Growth 2018-2023
Table 4 Sales of Sweet Spreads by Category: % Value Growth 2018-2023
Table 5 Sales of Jams and Preserves by Leading Flavours: Rankings 2018-2023
Table 6 NBO Company Shares of Sweet Spreads: % Value 2019-2023
Table 7 LBN Brand Shares of Sweet Spreads: % Value 2020-2023
Table 8 Distribution of Sweet Spreads by Format: % Value 2018-2023
Table 9 Forecast Sales of Sweet Spreads by Category: Volume 2023-2028
Table 10 Forecast Sales of Sweet Spreads by Category: Value 2023-2028
Table 11 Forecast Sales of Sweet Spreads by Category: % Volume Growth 2023-2028
Table 12 Forecast Sales of Sweet Spreads by Category: % Value Growth 2023-2028
COOKING INGREDIENTS AND MEALS IN SOUTH AFRICA
EXECUTIVE SUMMARY
Cooking ingredients and meals in 2023: The big picture
Key trends in 2023
Competitive landscape
Channel developments
What next for cooking ingredients and meals?
MARKET DATA
Table 13 Sales of Cooking Ingredients and Meals by Category: Volume 2018-2023
Table 14 Sales of Cooking Ingredients and Meals by Category: Value 2018-2023
Table 15 Sales of Cooking Ingredients and Meals by Category: % Volume Growth 2018-2023
Table 16 Sales of Cooking Ingredients and Meals by Category: % Value Growth 2018-2023
Table 17 NBO Company Shares of Cooking Ingredients and Meals: % Value 2019-2023
Table 18 LBN Brand Shares of Cooking Ingredients and Meals: % Value 2020-2023
Table 19 Penetration of Private Label by Category: % Value 2018-2023
Table 20 Distribution of Cooking Ingredients and Meals by Format: % Value 2018-2023
Table 21 Forecast Sales of Cooking Ingredients and Meals by Category: Volume 2023-2028
Table 22 Forecast Sales of Cooking Ingredients and Meals by Category: Value 2023-2028
Table 23 Forecast Sales of Cooking Ingredients and Meals by Category: % Volume Growth 2023-2028
Table 24 Forecast Sales of Cooking Ingredients and Meals by Category: % Value Growth 2023-2028