South Africa Prepared Meals Market Summary, Competitive Analysis and Forecast, 2017-2026
Summary
Prepared Meals in South Africa industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value 2017-21, and forecast to 2026). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Key Highlights
- The prepared meals market consists of the retail sale of ready meals, pizzas, and meal kits. Ready meals include all types of complete meals which only require heating before serving. Pizza includes both frozen and chilled pizza. Meal kits are products which provide prepared ingredients which are then combined to an individual's preference when being cooked. 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 2021 exchange rates.
- The South African Prepared Meals market had total revenues of $696.9m in 2021, representing a compound annual growth rate (CAGR) of 9.5% between 2016 and 2021.
- Market consumption volume increased with a CAGR of 5.6% between 2016 and 2021, to reach a total of 119.1 million kg in 2021.
- The performance of the market is forecast to decelerate, with an anticipated CAGR of 8.2% for the five-year period 2021 - 2026, which is expected to drive the market to a value of $1,034.2m by the end of 2026.
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the prepared meals market in South Africa
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the prepared meals market in South Africa
- Leading company profiles reveal details of key prepared meals market players’ global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the South Africa prepared meals market with five year forecasts
- What was the size of the South Africa prepared meals market by value in 2021?
- What will be the size of the South Africa prepared meals market in 2026?
- What factors are affecting the strength of competition in the South Africa prepared meals market?
- How has the market performed over the last five years?
- Who are the top competitors in South Africa's prepared meals 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. Degree of rivalry
- 7 Competitive Landscape
- 7.1. Market share
- 7.2. Who are the leading players in the South African prepared meals market?
- 7.3. Which companies have been most successful in increasing their market shares in the last 5 years (2016-2021)?
- 7.4. Which companies’ market shares have suffered over the same period?
- 7.5. What are the most popular brands in the market?
- 8 Company Profiles
- 8.1. Tiger Brands Ltd
- 8.2. McCain Foods Ltd
- 8.3. Rhodes Food Group Holdings 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 prepared meals market value: $ million, 2016-21
- Table 2: South Africa prepared meals market volume: million kg, 2016-21
- Table 3: South Africa prepared meals market category segmentation: $ million, 2021
- Table 4: South Africa prepared meals market geography segmentation: $ million, 2021
- Table 5: South Africa prepared meals market distribution: % share, by value, 2021
- Table 6: South Africa prepared meals market value forecast: $ million, 2021-26
- Table 7: South Africa prepared meals market volume forecast: million kg, 2021-26
- Table 8: South Africa prepared meals market share: % share, by value, 2021
- Table 9: Tiger Brands Ltd: key facts
- Table 10: Tiger Brands Ltd: Annual Financial Ratios
- Table 11: Tiger Brands Ltd: Key Employees
- Table 12: McCain Foods Ltd: key facts
- Table 13: McCain Foods Ltd: Key Employees
- Table 14: Rhodes Food Group Holdings Ltd: key facts
- Table 15: Rhodes Food Group Holdings Ltd: Annual Financial Ratios
- Table 16: Rhodes Food Group Holdings Ltd: Key Employees
- Table 17: South Africa size of population (million), 2017-21
- Table 18: South Africa gdp (constant 2005 prices, $ billion), 2017-21
- Table 19: South Africa gdp (current prices, $ billion), 2017-21
- Table 20: South Africa inflation, 2017-21
- Table 21: South Africa consumer price index (absolute), 2017-21
- Table 22: South Africa exchange rate, 2017-21
- List of Figures
- Figure 1: South Africa prepared meals market value: $ million, 2016-21
- Figure 2: South Africa prepared meals market volume: million kg, 2016-21
- Figure 3: South Africa prepared meals market category segmentation: % share, by value, 2021
- Figure 4: South Africa prepared meals market geography segmentation: % share, by value, 2021
- Figure 5: South Africa prepared meals market distribution: % share, by value, 2021
- Figure 6: South Africa prepared meals market value forecast: $ million, 2021-26
- Figure 7: South Africa prepared meals market volume forecast: million kg, 2021-26
- Figure 8: Forces driving competition in the prepared meals market in South Africa, 2021
- Figure 9: Drivers of buyer power in the prepared meals market in South Africa, 2021
- Figure 10: Drivers of supplier power in the prepared meals market in South Africa, 2021
- Figure 11: Drivers of degree of rivalry in the prepared meals market in South Africa, 2021
- Figure 12: South Africa prepared meals market share: % share, by value, 2021
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