Key Highlights
- Dairy market includes retail sales of milk, cheese, yogurt, dairy-based & soy-based desserts, drinkable yogurt, and others. The scope of others includes butter & spreadable fats, cream, etc. Market is valued according to retail selling price (RSP) and includes any applicable taxes.
- The South African dairy market recorded revenues of $7.97 billion in 2024, representing a compound annual growth rate (CAGR) of 0.9% between 2019-24.
- Market consumption volume increased with a CAGR of 2.0% between 2019-24, reaching a total of 1.86 billion kilograms in 2024.
- The revenue of the South African dairy market witnessed slow growth during the review period. The slow market growth was attributed to a combination of high input costs and unstable economic conditions.
Scope
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the dairy market in South Africa
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the dairy market in South Africa
- Leading company profiles reveal details of key dairy market players’ global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the South Africa dairy market with five year forecasts
Reasons to Buy
- What was the size of the South Africa dairy market by value in 2024?
- What will be the size of the South Africa dairy market in 2029?
- What factors are affecting the strength of competition in the South Africa dairy market?
- How has the market performed over the last five years?
- Who are the top competitors in South Africa's dairy market?
Table of Contents
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Clover SA Pty Ltd
- Groupe Lactalis SA
- Nestle SA
- Danone SA