
Baked Goods in South Africa
Description
Baked Goods in South Africa
South Africans’ food budgets have been under extreme pressure in 2022 with prices skyrocketing, especially for key products such as edible oils and bread. This has forced consumers to tighten their belts and reduce their spending on perceived non-essential products. Compared to the previous year, demand for baked goods is stagnating in 2022, while current value sales are notably rising in line with another significant increase in the average unit price. The competition within bread remains fierc...
Euromonitor International's Baked Goods 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 2017-2021, 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 <|Year|> directly informs our forecasts to 2026, clearly indicating how the market is expected to change.
Product coverage: Bread, Cakes, Dessert Mixes, Dessert Pies and Tarts, Frozen Baked Goods, Pastries.
Data coverage: market sizes (historic and forecasts), company shares, brand shares and distribution data.
Why buy this report?
* Get a detailed picture of the Baked Goods 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.
South Africans’ food budgets have been under extreme pressure in 2022 with prices skyrocketing, especially for key products such as edible oils and bread. This has forced consumers to tighten their belts and reduce their spending on perceived non-essential products. Compared to the previous year, demand for baked goods is stagnating in 2022, while current value sales are notably rising in line with another significant increase in the average unit price. The competition within bread remains fierc...
Euromonitor International's Baked Goods 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 2017-2021, 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 <|Year|> directly informs our forecasts to 2026, clearly indicating how the market is expected to change.
Product coverage: Bread, Cakes, Dessert Mixes, Dessert Pies and Tarts, Frozen Baked Goods, Pastries.
Data coverage: market sizes (historic and forecasts), company shares, brand shares and distribution data.
Why buy this report?
* Get a detailed picture of the Baked Goods 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
23 Pages
- Baked Goods in South Africa
- Euromonitor International
- December 2022
- List Of Contents And Tables
- BAKED GOODS IN SOUTH AFRICA
- KEY DATA FINDINGS
- 2022 DEVELOPMENTS
- Tough competitive environment as demand for bread through retail stagnates
- Home baking continues to boost demand for dessert mixes
- Growing variety of vegan-friendly baked goods driven by private label innovation
- PROSPECTS AND OPPORTUNITIES
- Increasing focus on encouraging consumers back to packaged leavened bread expected over forecast period
- Packaged cakes poised for growth due to strong private label innovation
- Lunches remain important consumption occasion for packaged leavened bread
- CATEGORY DATA
- Table 1 Sales of Baked Goods by Category: Volume 2017-2022
- Table 2 Sales of Baked Goods by Category: Value 2017-2022
- Table 3 Sales of Baked Goods by Category: % Volume Growth 2017-2022
- Table 4 Sales of Baked Goods by Category: % Value Growth 2017-2022
- Table 5 Sales of Pastries by Type: % Value 2017-2022
- Table 6 NBO Company Shares of Baked Goods: % Value 2018-2022
- Table 7 LBN Brand Shares of Baked Goods: % Value 2019-2022
- Table 8 Distribution of Baked Goods by Format: % Value 2017-2022
- Table 9 Forecast Sales of Baked Goods by Category: Volume 2022-2027
- Table 10 Forecast Sales of Baked Goods by Category: Value 2022-2027
- Table 11 Forecast Sales of Baked Goods by Category: % Volume Growth 2022-2027
- Table 12 Forecast Sales of Baked Goods by Category: % Value Growth 2022-2027
- STAPLE FOODS IN SOUTH AFRICA
- EXECUTIVE SUMMARY
- Staple foods in 2022: The big picture
- Key trends in 2022
- Competitive Landscape
- Channel developments
- What next for staple foods?
- MARKET DATA
- Table 13 Sales of Staple Foods by Category: Volume 2017-2022
- Table 14 Sales of Staple Foods by Category: Value 2017-2022
- Table 15 Sales of Staple Foods by Category: % Volume Growth 2017-2022
- Table 16 Sales of Staple Foods by Category: % Value Growth 2017-2022
- Table 17 NBO Company Shares of Staple Foods: % Value 2018-2022
- Table 18 LBN Brand Shares of Staple Foods: % Value 2019-2022
- Table 19 Penetration of Private Label by Category: % Value 2017-2022
- Table 20 Distribution of Staple Foods by Format: % Value 2017-2022
- Table 21 Forecast Sales of Staple Foods by Category: Volume 2022-2027
- Table 22 Forecast Sales of Staple Foods by Category: Value 2022-2027
- Table 23 Forecast Sales of Staple Foods by Category: % Volume Growth 2022-2027
- Table 24 Forecast Sales of Staple Foods by Category: % Value Growth 2022-2027
- DISCLAIMER
- SOURCES
- Summary 1 Research Sources
Pricing
Currency Rates
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