Oils & Fats in South Africa
Summary
Oils & Fats in South Africa industry profile provides top-line qualitative and quantitative summary information including: market size (value 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 oils & fats market consist of the retail sale of edible oils and solid fats. The oils segment consists of cooking sprays, corn oil, olive oil, sunflower oil, vegetable oil, and other edible oils. The solid fats segment consists of compound cooking fats (CCF), ghee, lard, shortening, and other solid fats. The market is valued according to the retail selling price (RSP) and includes any applicable taxes. All currency conversions have been made using constant annual average 2023 exchange rates.
- The South African Oils & Fats market had total revenues of $1,548.6 million in 2023, representing a compound annual growth rate (CAGR) of 9.4% between 2018 and 2023.
- Market consumption volume increased with a CAGR of 4.2% between 2018 and 2023, to reach a total of 719.5 million kilograms in 2023.
- The performance of the market is forecast to follow a similar pattern with an anticipated CAGR of 9.3% for the five-year period 2023 - 2028, which is expected to drive the market to a value of $2,411.9 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 oils & fats market in South Africa
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the oils & fats market in South Africa
- Leading company profiles reveal details of key oils & fats market players’ global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the South Africa oils & fats market with five year forecasts
- What was the size of the South Africa oils & fats market by value in 2023?
- What will be the size of the South Africa oils & fats market in 2028?
- What factors are affecting the strength of competition in the South Africa oils & fats market?
- How has the market performed over the last five years?
- What are the main segments that make up South Africa's oils & fats 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 oils & fats 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 (2018-2023)?
- 7.5. What are the most popular brands in the South African oils & fats market?
- 8 Company Profiles
- 8.1. Willowton Group
- 8.2. Bidco Africa Ltd
- 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 oils & fats market value: $ million, 2018-23
- Table 2: South Africa oils & fats market volume: million kilograms, 2018-23
- Table 3: South Africa oils & fats market category segmentation: % share, by value, 2018-2023
- Table 4: South Africa oils & fats market category segmentation: $ million, 2018-2023
- Table 5: South Africa oils & fats market geography segmentation: $ million, 2023
- Table 6: South Africa oils & fats market distribution: % share, by value, 2023
- Table 7: South Africa oils & fats market value forecast: $ million, 2023-28
- Table 8: South Africa oils & fats market volume forecast: million kilograms, 2023-28
- Table 9: South Africa oils & fats market share: % share, by value, 2023
- Table 10: Willowton Group: key facts
- Table 11: Willowton Group: Key Employees
- Table 12: Bidco Africa Ltd: key facts
- Table 13: Bidco Africa Ltd: Key Employees
- Table 14: South Africa size of population (million), 2019-23
- Table 15: South Africa real gdp (constant 2010 prices, $ billion), 2019-23
- Table 16: South Africa gdp (current prices, $ billion), 2019-23
- Table 17: South Africa inflation, 2019-23
- Table 18: South Africa consumer price index (absolute), 2019-23
- Table 19: South Africa exchange rate, 2018-23
- List of Figures
- Figure 1: South Africa oils & fats market value: $ million, 2018-23
- Figure 2: South Africa oils & fats market volume: million kilograms, 2018-23
- Figure 3: South Africa oils & fats market category segmentation: $ million, 2018-2023
- Figure 4: South Africa oils & fats market geography segmentation: % share, by value, 2023
- Figure 5: South Africa oils & fats market distribution: % share, by value, 2023
- Figure 6: South Africa oils & fats market value forecast: $ million, 2023-28
- Figure 7: South Africa oils & fats market volume forecast: million kilograms, 2023-28
- Figure 8: Forces driving competition in the oils & fats market in South Africa, 2023
- Figure 9: Drivers of buyer power in the oils & fats market in South Africa, 2023
- Figure 10: Drivers of supplier power in the oils & fats market in South Africa, 2023
- Figure 11: Factors influencing the likelihood of new entrants in the oils & fats market in South Africa, 2023
- Figure 12: Factors influencing the threat of substitutes in the oils & fats market in South Africa, 2023
- Figure 13: Drivers of degree of rivalry in the oils & fats market in South Africa, 2023
- Figure 14: South Africa oils & fats market share: % share, by value, 2023
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