South Africa Confectionery Market Summary, Competitive Analysis and Forecast to 2027
Summary
Confectionery in South Africa industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value and volume 2017-22, and forecast to 2027). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Key Highlights
- The confectionery market consists of the retail sale of chocolate, gum and sugar confectionery products. The chocolate segment consists of all chocolate based products, including boxed chocolates, chocolate countlines, chocolate straightlines, molded bars and novelties. The gum segment consists of all bubble and chewing gum. Moreover, the sugar confectionery products consists of hard boiled sweets, mints, caramels & toffees, gums and jellies, marshmallows, fudges and medicated throat lozenges. The market is valued according to retail selling price (RSP) and includes any applicable taxes. Any currency conversions used in the creation of this report have been calculated using constant 2022 annual average exchange rates.
- The South African Confectionery market had total revenues of $1,699.3 million in 2022, representing a compound annual growth rate (CAGR) of 5.9% between 2017 and 2022.
- Market consumption volume increased with a CAGR of 2% between 2017 and 2022, to reach a total of 119 million kilograms in 2022.
- The performance of the market is forecast to accelerate, with an anticipated CAGR of 6.2% for the five-year period 2022 - 2027, which is expected to drive the market to a value of $2,300.8 million by the end of 2027.
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the confectionery market in South Africa
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the confectionery market in South Africa
- Leading company profiles reveal details of key confectionery market players’ global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the South Africa confectionery market with five year forecasts by both value and volume
- What was the size of the South Africa confectionery market by value in 2022?
- What will be the size of the South Africa confectionery market in 2027?
- What factors are affecting the strength of competition in the South Africa confectionery market?
- How has the market performed over the last five years?
- Who are the top competitiors in South Africa's confectionery 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 confectionery market?
- 7.3. Which companies have been most successful in increasing their market shares in the last 5 years (2017-2022)?
- 7.4. Which companies market shares have suffered over the same period (2017-2022)?
- 7.5. What are the most popular brands in the South African confectionery market?
- 8 Company Profiles
- 8.1. Mondelez International, Inc.
- 8.2. Tiger Brands Ltd
- 8.3. Nestle SA
- 8.4. Mars, Incorporated
- 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 confectionery market value: $ million, 2017-22
- Table 2: South Africa confectionery market volume: million kilograms, 2017-22
- Table 3: South Africa confectionery market category segmentation: % share, by value, 2017-2022
- Table 4: South Africa confectionery market category segmentation: $ million, 2017-2022
- Table 5: South Africa confectionery market geography segmentation: $ million, 2022
- Table 6: South Africa confectionery market distribution: % share, by value, 2022
- Table 7: South Africa confectionery market value forecast: $ million, 2022-27
- Table 8: South Africa confectionery market volume forecast: million kilograms, 2022-27
- Table 9: South Africa confectionery market share: % share, by value, 2022
- Table 10: Mondelez International, Inc.: key facts
- Table 11: Mondelez International, Inc.: Annual Financial Ratios
- Table 12: Mondelez International, Inc.: Key Employees
- Table 13: Mondelez International, Inc.: Key Employees Continued
- Table 14: Tiger Brands Ltd: key facts
- Table 15: Tiger Brands Ltd: Annual Financial Ratios
- Table 16: Tiger Brands Ltd: Key Employees
- Table 17: Nestle SA: key facts
- Table 18: Nestle SA: Annual Financial Ratios
- Table 19: Nestle SA: Key Employees
- Table 20: Nestle SA: Key Employees Continued
- Table 21: Mars, Incorporated: key facts
- Table 22: Mars, Incorporated: Key Employees
- Table 23: South Africa size of population (million), 2018-22
- Table 24: South Africa gdp (constant 2005 prices, $ billion), 2018-22
- Table 25: South Africa gdp (current prices, $ billion), 2018-22
- Table 26: South Africa inflation, 2018-22
- Table 27: South Africa consumer price index (absolute), 2018-22
- Table 28: South Africa exchange rate, 2018-22
- List of Figures
- Figure 1: South Africa confectionery market value: $ million, 2017-22
- Figure 2: South Africa confectionery market volume: million kilograms, 2017-22
- Figure 3: South Africa confectionery market category segmentation: $ million, 2017-2022
- Figure 4: South Africa confectionery market geography segmentation: % share, by value, 2022
- Figure 5: South Africa confectionery market distribution: % share, by value, 2022
- Figure 6: South Africa confectionery market value forecast: $ million, 2022-27
- Figure 7: South Africa confectionery market volume forecast: million kilograms, 2022-27
- Figure 8: Forces driving competition in the confectionery market in South Africa, 2022
- Figure 9: Drivers of buyer power in the confectionery market in South Africa, 2022
- Figure 10: Drivers of supplier power in the confectionery market in South Africa, 2022
- Figure 11: Factors influencing the likelihood of new entrants in the confectionery market in South Africa, 2022
- Figure 12: Factors influencing the threat of substitutes in the confectionery market in South Africa, 2022
- Figure 13: Drivers of degree of rivalry in the confectionery market in South Africa, 2022
- Figure 14: South Africa confectionery market share: % share, by value, 2022
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