»    »  Market Focus: Trends and Developments in the Savory Snacks Sector in South Africa

Market Focus: Trends and Developments in the Savory Snacks Sector in South Africa

Published OnMay, 2014
Pages47
License 
ISBNCANCS1527MF
FormatPDF
Cement: 2014 Market Review and Forecast
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Summary

This report brings together consumer insight and market data to provide a comprehensive brief of the South African Savory Snacks sector. This allows for the rapid identification of key growth opportunities across major Savory Snacks categories and their packaging.

Key Findings

• High number of young consumers, rapid urbanization and increasing disposable income provide scope for the growth in the Savory Snacks sector.
• Fun & Enjoyment and Indulgence are the two most influential trends in the Savory Snacks market.
• Hypermarkets & Supermarkets are the most frequented retail outlets for the purchase of Savory Snacks in South Africa.
• Introduction of new flavors and product innovation facilitates continued growth of Potato Chips.
• Processed Snacks and Nuts & Seeds to witness increased market share during 2008–2018.
• Scope exists for the introduction of Savory Snacks that promote good health and products that suit the changing consumer lifestyle.

Synopsis

The increasing disposable income of South African consumers, growing rate of urbanization, and a large young population base has led to greater consumption of Savory Snacks. The market is led by Potato Chips and Processed Snacks, which are high value categories and the growth is expected to be highest in the Processed Snacks category.

Reasons To Buy

This overview of the consumer and market dynamics of the South African Savory Snacks sector allows new entrants and established companies to gain rapid and comprehensive insight into the current state of the market and identify the key trends that will drive growth in the coming years.

Table of Contents

Executive Summary
Future Outlook

Country Context
• Macro economic analysis
• Overview —consumption habits

Sector Analysis
• Overall value —volume analysis
• Value —volume analysis by categories
• Market share analysis

Consumer Overview
• Key trends

Private Labels
• Private label vs national brand penetration
• Growth analysis

Distribution insights
• Leading retailers
• Key distribution formats by categories

Packaging Insight
• Key packaging material and type
• Top packaging closures and outers

Leading players with market share
Data Appendix & Summary Methodology

The Future of the Savory Snacks Market in South Africa to 2018
The Future of the Savory Snacks Market in South Africa to 2018 is the result of Canadean’s extensive market research. The report presents detailed analysis on the Savory Snacks consumption trends in South Africa, historic and forecast Savory Snacks consumption volumes and values at market and category level, brand share and distribution channel dat
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