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Plant-Based Dairy in South Africa

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    Report

  • 17 Pages
  • September 2023
  • Region: South Africa
  • Euromonitor International
  • ID: 5738972
Demand for plant-based dairy products continues to grow locally, with other plant-based milk set to see the strongest retail volume growth in 2023, albeit from a low base. Plant-based milk remains by far the biggest category, thanks its wide availability across supermarkets. However, South African consumers are also just starting to explore plant-based dairy options beyond milk, with plant-based yoghurt and cheese gaining traction in the market.

The Plant-based Dairy in South Africa report offers in-depth knowledge of the market at a national level, providing local insight and understanding unavailable elsewhere. In addition to the latest retail sales data 2018-2022, it identifies the leading companies, brands and retail outlets, and assesses the key trends and demographic shifts behind consumer demand and sales growth. How key trends such as health and wellness, sustainability and recovery from the pandemic are shaping the market in 2023 directly informs the forecasts to 2027, clearly indicating how the market is expected to change.

Product coverage: Plant-based Cheese, Plant-based Milk, Plant-based Yoghurt.

Data coverage: market sizes (historic and forecasts), company shares, brand shares and distribution data.

Why buy this report?

  • Get a detailed picture of the Plant-based Dairy market
  • Pinpoint growth sectors and identify factors driving change
  • Understand the competitive environment, the market’s major players and leading brands
  • Use five-year forecasts to assess how the market is predicted to develop
The analyst has over 40 years' experience of publishing market research reports, business reference books and online information systems. With offices in London, Chicago, Singapore, Shanghai, Vilnius, Dubai, Cape Town, Santiago, Sydney, Tokyo and Bangalore and a network of over 800 analysts worldwide, The analyst has a unique capability to develop reliable information resources to help drive informed strategic planning.

Table of Contents

KEY DATA FINDINGS
2023 DEVELOPMENTS
  • Plant-based milk accounts for most sales, but other categories are emerging
  • Companies are careful with labelling to avoid further scrutiny
  • Not only vegans are interested in plant-based dairy products
PROSPECTS AND OPPORTUNITIES
  • Government invests to develop animal-free dairy products
  • High prices likely to limit uptake, but competition set to increase
  • Demand for plant-based cheese expected to rise over the forecast period
CATEGORY DATA
  • Table 1 Sales of Plant-Based Dairy by Category: Value 2018-2023
  • Table 2 Sales of Plant-Based Dairy by Category: % Value Growth 2018-2023
  • Table 3 Sales of Other Plant-Based Milk by Type: % Value 2020-2023
  • Table 4 NBO Company Shares of Plant-Based Dairy: % Value 2019-2023
  • Table 5 LBN Brand Shares of Plant-Based Dairy: % Value 2020-2023
  • Table 6 Distribution of Plant-Based Dairy by Format: % Value 2018-2023
  • Table 7 Forecast Sales of Plant-Based Dairy by Category: Value 2023-2028
  • Table 8 Forecast Sales of Plant-Based Dairy by Category: % Value Growth 2023-2028
DAIRY PRODUCTS AND ALTERNATIVES IN SOUTH AFRICA
EXECUTIVE SUMMARY
  • Dairy products and alternatives in 2023: The big picture
  • Key trends in 2023
  • Competitive landscape
  • Channel developments
  • What next for dairy products and alternatives?
MARKET DATA
  • Table 9 Sales of Dairy Products and Alternatives by Category: Value 2018-2023
  • Table 10 Sales of Dairy Products and Alternatives by Category: % Value Growth 2018-2023
  • Table 11 NBO Company Shares of Dairy Products and Alternatives: % Value 2019-2023
  • Table 12 LBN Brand Shares of Dairy Products and Alternatives: % Value 2020-2023
  • Table 13 Penetration of Private Label by Category: % Value 2018-2023
  • Table 14 Distribution of Dairy Products and Alternatives by Format: % Value 2018-2023
  • Table 15 Forecast Sales of Dairy Products and Alternatives by Category: Value 2023-2028
  • Table 16 Forecast Sales of Dairy Products and Alternatives by Category: % Value Growth 2023-2028
DISCLAIMER
SOURCES
  • Summary 1 Research Sources