Dairy in South Africa
Summary
Dairy in South Africa industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value and volume 2018-23, and forecast to 2028). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Key Highlights
- The dairy market consists of retail sales of butter & spreadable fats, cheese, cream, dairy-based & soy-based desserts, drinkable yogurt, milk, soymilk & soy drinks, yogurt and fromage frais & quark. The market is valued according to retail selling price (RSP) and includes any applicable taxes. All currency conversions used in the creation of this report have been calculated using constant annual average 2023 exchange rates.
- The South African Dairy market had total revenues of $7,376.7 million in 2023, representing a compound annual growth rate (CAGR) of 5.6% between 2018 and 2023.
- Market consumption volume increased with a CAGR of 2.8% between 2018 and 2023, to reach a total of 1,849.5 million kilograms in 2023.
- The performance of the market is forecast to decelerate, with an anticipated CAGR of 3.1% for the five-year period 2023 - 2028, which is expected to drive the market to a value of $8,591.7 million by the end of 2028.
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the dairy market in South Africa
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the dairy market in South Africa
- Leading company profiles reveal details of key dairy market players’ global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the South Africa dairy market with five year forecasts by both value and volume
- What was the size of the South Africa dairy market by value in 2023?
- What will be the size of the South Africa dairy market in 2028?
- What factors are affecting the strength of competition in the South Africa dairy market?
- How has the market performed over the last five years?
- Who are the top competitors in South Africa's dairy market?
- 1 Executive Summary
- 1.1. Market value
- 1.2. Market value forecast
- 1.3. Market volume
- 1.4. Market volume forecast
- 1.5. Category segmentation
- 1.6. Geography segmentation
- 1.7. Market share
- 1.8. Market rivalry
- 1.9. Competitive landscape
- 2 Market Overview
- 2.1. Market definition
- 2.2. Market analysis
- 3 Market Data
- 3.1. Market value
- 3.2. Market volume
- 4 Market Segmentation
- 4.1. Category segmentation
- 4.2. Geography segmentation
- 4.3. Market distribution
- 5 Market Outlook
- 5.1. Market value forecast
- 5.2. Market volume forecast
- 6 Five Forces Analysis
- 6.1. Summary
- 6.2. Buyer power
- 6.3. Supplier power
- 6.4. New entrants
- 6.5. Threat of substitutes
- 6.6. Degree of rivalry
- 7 Competitive Landscape
- 7.1. Market share
- 7.2. Who are the leading players in the South African dairy market?
- 7.3. Which companies have been most successful in increasing their market shares in the last 5 years (2018-2023)?
- 7.4. Which companies’ market shares have suffered over the same period?
- 7.5. What are the most popular brands in the South African dairy market?
- 8 Company Profiles
- 8.1. Clover SA Pty Ltd
- 8.2. Groupe Lactalis SA
- 8.3. Blue Diamond Growers
- 8.4. Danone SA
- 9 Macroeconomic Indicators
- 9.1. Country data
- 10 Appendix
- 10.1. Methodology
- 10.2. Industry associations
- 10.3. Related MarketLine research
- 10.4. About MarketLine
- List of Tables
- Table 1: South Africa dairy market value: $ million, 2018-23
- Table 2: South Africa dairy market volume: million kilograms, 2018-23
- Table 3: South Africa dairy market category segmentation: % share, by value, 2018-2023
- Table 4: South Africa dairy market category segmentation: $ million, 2018-2023
- Table 5: South Africa dairy market geography segmentation: $ million, 2023
- Table 6: South Africa dairy market distribution: % share, by value, 2023
- Table 7: South Africa dairy market value forecast: $ million, 2023-28
- Table 8: South Africa dairy market volume forecast: million kilograms, 2023-28
- Table 9: South Africa dairy market share: % share, by value, 2023
- Table 10: Clover SA Pty Ltd: key facts
- Table 11: Clover SA Pty Ltd: Key Employees
- Table 12: Groupe Lactalis SA: key facts
- Table 13: Groupe Lactalis SA: Key Employees
- Table 14: Blue Diamond Growers: key facts
- Table 15: Blue Diamond Growers: Key Employees
- Table 16: Danone SA: key facts
- Table 17: Danone SA: Annual Financial Ratios
- Table 18: Danone SA: Key Employees
- Table 19: Danone SA: Key Employees Continued
- Table 20: South Africa size of population (million), 2019-23
- Table 21: South Africa real gdp (constant 2010 prices, $ billion), 2019-23
- Table 22: South Africa gdp (current prices, $ billion), 2019-23
- Table 23: South Africa inflation, 2019-23
- Table 24: South Africa consumer price index (absolute), 2019-23
- Table 25: South Africa exchange rate, 2018-23
- List of Figures
- Figure 1: South Africa dairy market value: $ million, 2018-23
- Figure 2: South Africa dairy market volume: million kilograms, 2018-23
- Figure 3: South Africa dairy market category segmentation: $ million, 2018-2023
- Figure 4: South Africa dairy market geography segmentation: % share, by value, 2023
- Figure 5: South Africa dairy market distribution: % share, by value, 2023
- Figure 6: South Africa dairy market value forecast: $ million, 2023-28
- Figure 7: South Africa dairy market volume forecast: million kilograms, 2023-28
- Figure 8: Forces driving competition in the dairy market in South Africa, 2023
- Figure 9: Drivers of buyer power in the dairy market in South Africa, 2023
- Figure 10: Drivers of supplier power in the dairy market in South Africa, 2023
- Figure 11: Factors influencing the likelihood of new entrants in the dairy market in South Africa, 2023
- Figure 12: Factors influencing the threat of substitutes in the dairy market in South Africa, 2023
- Figure 13: Drivers of degree of rivalry in the dairy market in South Africa, 2023
- Figure 14: South Africa dairy market share: % share, by value, 2023
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