South Africa Syrups and Spreads Market Summary and Forecast

Key Highlights

• The Syrups & Spreads market consists of retail sale of jams, jellies & preserves, molasses, savory spreads, syrups and sweet spreads. The market is valued according to retail selling price (RSP) and includes any applicable taxes. All currency conversions have been made using constant annual average 2022 exchange rates.
• The South African Syrups & Spreads market had total revenues of $222.5 million in 2022, representing a compound annual growth rate (CAGR) of 5.5% between 2017 and 2022.
• Market consumption volume increased with a CAGR of 2.4% between 2017 and 2022, to reach a total of 47 million kilograms in 2022.
• The performance of the market is forecast to decelerate, with an anticipated CAGR of 4.6% for the five-year period 2022 - 2027, which is expected to drive the market to a value of $278.7 million by the end of 2027.

Scope

• Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the syrups & spreads market in South Africa
• Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the syrups & spreads market in South Africa
• Leading company profiles reveal details of key syrups & spreads market players’ global operations and financial performance
• Add weight to presentations and pitches by understanding the future growth prospects of the South Africa syrups & spreads market with five year forecasts

Reasons to Buy

• What was the size of the South Africa syrups & spreads market by value in 2022?
• What will be the size of the South Africa syrups & spreads market in 2027?
• What factors are affecting the strength of competition in the South Africa syrups & spreads market?
• How has the market performed over the last five years?
• What are the main segments that make up South Africa's syrups & spreads market?