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Cooking Ingredients and Meals in South Africa

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    Report

  • 49 Pages
  • November 2023
  • Region: South Africa
  • Euromonitor International
  • ID: 5567431
2023 has been a tough financial year for consumers, with double-digit food inflation, rising interest rates, and rolling blackouts. Loadshedding significantly affects the entire supply chain, as well as consumers, as it has been implemented almost every day in 2023, averaging at stage 4 for the year (at the time of writing this report), which means that consumers experience power cuts for three to four two-hour slots per day.

The Cooking Ingredients and Meals 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: Edible Oils, Meals and Soups, Sauces, Dips and Condiments, Sweet Spreads.

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

Why buy this report?

  • Get a detailed picture of the Cooking Ingredients and Meals 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

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 1 Sales of Cooking Ingredients and Meals by Category: Volume 2018-2023
  • Table 2 Sales of Cooking Ingredients and Meals by Category: Value 2018-2023
  • Table 3 Sales of Cooking Ingredients and Meals by Category: % Volume Growth 2018-2023
  • Table 4 Sales of Cooking Ingredients and Meals by Category: % Value Growth 2018-2023
  • Table 5 NBO Company Shares of Cooking Ingredients and Meals: % Value 2019-2023
  • Table 6 LBN Brand Shares of Cooking Ingredients and Meals: % Value 2020-2023
  • Table 7 Penetration of Private Label by Category: % Value 2018-2023
  • Table 8 Distribution of Cooking Ingredients and Meals by Format: % Value 2018-2023
  • Table 9 Forecast Sales of Cooking Ingredients and Meals by Category: Volume 2023-2028
  • Table 10 Forecast Sales of Cooking Ingredients and Meals by Category: Value 2023-2028
  • Table 11 Forecast Sales of Cooking Ingredients and Meals by Category: % Volume Growth 2023-2028
  • Table 12 Forecast Sales of Cooking Ingredients and Meals by Category: % Value Growth 2023-2028
DISCLAIMER
SOURCES
  • Summary 1 Research Sources
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 13 Sales of Edible Oils by Category: Volume 2018-2023
  • Table 14 Sales of Edible Oils by Category: Value 2018-2023
  • Table 15 Sales of Edible Oils by Category: % Volume Growth 2018-2023
  • Table 16 Sales of Edible Oils by Category: % Value Growth 2018-2023
  • Table 17 NBO Company Shares of Edible Oils: % Value 2019-2023
  • Table 18 LBN Brand Shares of Edible Oils: % Value 2020-2023
  • Table 19 Distribution of Edible Oils by Format: % Value 2018-2023
  • Table 20 Forecast Sales of Edible Oils by Category: Volume 2023-2028
  • Table 21 Forecast Sales of Edible Oils by Category: Value 2023-2028
  • Table 22 Forecast Sales of Edible Oils by Category: % Volume Growth 2023-2028
  • Table 23 Forecast Sales of Edible Oils by Category: % Value Growth 2023-2028
MEALS AND SOUPS IN SOUTH AFRICAKEY DATA FINDINGS
2023 DEVELOPMENTS
  • Ready meals, which are quick to prepare, are favoured as a result of power outages
  • The growth of quick recipe kits and dry soup slows due to price increases and competition
  • Younger generations in particular drive demand for plant-based ready meals
PROSPECTS AND OPPORTUNITIES
  • The convenience of meals and soups will appeal to higher-income consumers
  • Return to higher retail volume growth for dry soup as price rises level off
  • Solid growth for frozen pizza and frozen ready meals
CATEGORY DATA
  • Table 49 Sales of Meals and Soups by Category: Volume 2018-2023
  • Table 50 Sales of Meals and Soups by Category: Value 2018-2023
  • Table 51 Sales of Meals and Soups by Category: % Volume Growth 2018-2023
  • Table 52 Sales of Meals and Soups by Category: % Value Growth 2018-2023
  • Table 53 Sales of Chilled Ready Meals by Ethnicity: % Value 2018-2023
  • Table 54 Sales of Frozen Ready Meals by Ethnicity: % Value 2018-2023
  • Table 55 Sales of Soup by Leading Flavours: Rankings 2018-2023
  • Table 56 NBO Company Shares of Meals and Soups: % Value 2019-2023
  • Table 57 LBN Brand Shares of Meals and Soups: % Value 2020-2023
  • Table 58 Distribution of Meals and Soups by Format: % Value 2018-2023
  • Table 59 Forecast Sales of Meals and Soups by Category: Volume 2023-2028
  • Table 60 Forecast Sales of Meals and Soups by Category: Value 2023-2028
  • Table 61 Forecast Sales of Meals and Soups by Category: % Volume Growth 2023-2028
  • Table 62 Forecast Sales of Meals and Soups by Category: % Value Growth 2023-2028
SAUCES, DIPS AND CONDIMENTS IN SOUTH AFRICAKEY DATA FINDINGS
2023 DEVELOPMENTS
  • Move towards recipe sauces for convenience and due to power outages
  • Brand loyalty lacking due to competition, but some brand innovations still seen
  • Foodservice sales rise as rolling blackouts impact consumption patterns
PROSPECTS AND OPPORTUNITIES
  • Long road to recovery for retail - beyond the end of the forecast period
  • Brands may struggle with the competition from private label
  • Digitalisation to drive better integration between fresh food and pantry staples
CATEGORY DATA
  • Table 24 Sales of Sauces, Dips and Condiments by Category: Volume 2018-2023
  • Table 25 Sales of Sauces, Dips and Condiments by Category: Value 2018-2023
  • Table 26 Sales of Sauces, Dips and Condiments by Category: % Volume Growth 2018-2023
  • Table 27 Sales of Sauces, Dips and Condiments by Category: % Value Growth 2018-2023
  • Table 28 Sales of Liquid Recipe Sauces by Type: % Value 2018-2023
  • Table 29 Sales of Other Sauces and Condiments by Type: Rankings 2018-2023
  • Table 30 NBO Company Shares of Sauces, Dips and Condiments: % Value 2019-2023
  • Table 31 LBN Brand Shares of Sauces, Dips and Condiments: % Value 2020-2023
  • Table 32 Distribution of Sauces, Dips and Condiments by Format: % Value 2018-2023
  • Table 33 Forecast Sales of Sauces, Dips and Condiments by Category: Volume 2023-2028
  • Table 34 Forecast Sales of Sauces, Dips and Condiments by Category: Value 2023-2028
  • Table 35 Forecast Sales of Sauces, Dips and Condiments by Category: % Volume Growth 2023-2028
  • Table 36 Forecast Sales of Sauces, Dips and Condiments by Category: % Value Growth 2023-2028
SWEET SPREADS IN SOUTH AFRICAKEY DATA FINDINGS
2023 DEVELOPMENTS
  • Rising price of bread negatively impacts volume sales of sweet spreads
  • Honey bucks the trend and sees solid volume growth, from a low base
  • Brands face competition from private label in a difficult economic environment
PROSPECTS AND OPPORTUNITIES
  • Return to volume growth, driven by nut and seed based spreads
  • Brands will have to be creative to stay ahead of the competition
  • Healthy products and variants set to perform well
CATEGORY DATA
  • Table 37 Sales of Sweet Spreads by Category: Volume 2018-2023
  • Table 38 Sales of Sweet Spreads by Category: Value 2018-2023
  • Table 39 Sales of Sweet Spreads by Category: % Volume Growth 2018-2023
  • Table 40 Sales of Sweet Spreads by Category: % Value Growth 2018-2023
  • Table 41 Sales of Jams and Preserves by Leading Flavours: Rankings 2018-2023
  • Table 42 NBO Company Shares of Sweet Spreads: % Value 2019-2023
  • Table 43 LBN Brand Shares of Sweet Spreads: % Value 2020-2023
  • Table 44 Distribution of Sweet Spreads by Format: % Value 2018-2023
  • Table 45 Forecast Sales of Sweet Spreads by Category: Volume 2023-2028
  • Table 46 Forecast Sales of Sweet Spreads by Category: Value 2023-2028
  • Table 47 Forecast Sales of Sweet Spreads by Category: % Volume Growth 2023-2028
  • Table 48 Forecast Sales of Sweet Spreads by Category: % Value Growth 2023-2028