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Edible Oils in South Africa

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    Report

  • 20 Pages
  • November 2023
  • Region: South Africa
  • Euromonitor International
  • ID: 4472521
Both retail volume and current value sales of edible oils are set to see strong declines in 2023. After two years of exceptionally strong growth, the average unit prices of vegetable and seed oils have started to normalise over 2023, with prices falling significantly. Exports of sunflower oil from Ukraine have resumed despite the continuation of the war, and this, combined with local production, yielded sufficient supply for local demand.

The Edible Oils 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 directly informs our forecasts to 2027, clearly indicating how the market is expected to change.

Product coverage: Corn Oil, Olive Oil, Other Edible Oil, Palm Oil, Rapeseed Oil, Soy Oil, Sunflower Oil.

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

Why buy this report?

  • Get a detailed picture of the Edible Oils 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.

Table of Contents

EDIBLE OILS IN SOUTH AFRICAKEY DATA FINDINGS
2023 DEVELOPMENTS
  • Even falling prices cannot drive a return to volume growth for vegetable and seed oils
  • The price of olive oil continues to rise due to global shortages
  • Switch in sales from retail to foodservice due to power outages
PROSPECTS AND OPPORTUNITIES
  • Extensive private label ranges set to drive strong competition
  • Discounts and combo deals set to return as supply and prices normalise
  • Retail volume sales will struggle to return to the pre-pandemic level
CATEGORY DATA
  • Table 1 Sales of Edible Oils by Category: Volume 2018-2023
  • Table 2 Sales of Edible Oils by Category: Value 2018-2023
  • Table 3 Sales of Edible Oils by Category: % Volume Growth 2018-2023
  • Table 4 Sales of Edible Oils by Category: % Value Growth 2018-2023
  • Table 5 NBO Company Shares of Edible Oils: % Value 2019-2023
  • Table 6 LBN Brand Shares of Edible Oils: % Value 2020-2023
  • Table 7 Distribution of Edible Oils by Format: % Value 2018-2023
  • Table 8 Forecast Sales of Edible Oils by Category: Volume 2023-2028
  • Table 9 Forecast Sales of Edible Oils by Category: Value 2023-2028
  • Table 10 Forecast Sales of Edible Oils by Category: % Volume Growth 2023-2028
  • Table 11 Forecast Sales of Edible Oils by Category: % Value Growth 2023-2028
COOKING INGREDIENTS AND MEALS IN SOUTH AFRICA
EXECUTIVE SUMMARY
  • Cooking ingredients and meals in 2023: The big picture
  • Key trends in 2023
  • Competitive landscape
  • Channel developments
  • What next for cooking ingredients and meals?
MARKET DATA
  • Table 12 Sales of Cooking Ingredients and Meals by Category: Volume 2018-2023
  • Table 13 Sales of Cooking Ingredients and Meals by Category: Value 2018-2023
  • Table 14 Sales of Cooking Ingredients and Meals by Category: % Volume Growth 2018-2023
  • Table 15 Sales of Cooking Ingredients and Meals by Category: % Value Growth 2018-2023
  • Table 16 NBO Company Shares of Cooking Ingredients and Meals: % Value 2019-2023
  • Table 17 LBN Brand Shares of Cooking Ingredients and Meals: % Value 2020-2023
  • Table 18 Penetration of Private Label by Category: % Value 2018-2023
  • Table 19 Distribution of Cooking Ingredients and Meals by Format: % Value 2018-2023
  • Table 20 Forecast Sales of Cooking Ingredients and Meals by Category: Volume 2023-2028
  • Table 21 Forecast Sales of Cooking Ingredients and Meals by Category: Value 2023-2028
  • Table 22 Forecast Sales of Cooking Ingredients and Meals by Category: % Volume Growth 2023-2028
  • Table 23 Forecast Sales of Cooking Ingredients and Meals by Category: % Value Growth 2023-2028
DISCLAIMER
SOURCES
  • Summary 1 Research Sources