
Confectionery in South Africa
Description
Confectionery in South Africa
Summary
Confectionery in South Africa industry profile provides top-line qualitative and quantitative summary information including: market size (value 2019-24, and forecast to 2029). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Key Highlights
Summary
Confectionery in South Africa industry profile provides top-line qualitative and quantitative summary information including: market size (value 2019-24, and forecast to 2029). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Key Highlights
- Confectionery market includes retail sales of chocolate, sugar confectionery, and gum products. Chocolate segment includes all chocolate based products, including boxed chocolates, chocolate countlines, chocolate straightlines, molded bars and novelties. Sugar confectionery segment includes caramels and toffees, gums and jellies, hard boiled sweets, liquorice, lollipops, medicated confectionery and mints. Gum segment covers all bubble and chewing gum. The market is valued according to retail selling price (RSP) and includes any applicable taxes.
- The South African Confectionery market recorded revenues of $1,778.7 million in 2024, representing a negative compound annual growth rate (CAGR) of 1.2% between 2019 and 2024.
- Market consumption volumes declined with a negative CAGR of 1.7% between 2019 and 2024, reaching a total of 124.6 million kilograms in 2024.
- The South African confectionery market experienced a contraction during the review period (2019-24), primarily due to prolonged economic challenges, high unemployment rates, and reduced consumer purchasing power, all of which limited discretionary spending on nonessential items like chocolates and sugar confectionery.
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the confectionery market in South Africa
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the confectionery market in South Africa
- Leading company profiles reveal details of key confectionery market players’ global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the South Africa confectionery market with five year forecasts
- What was the size of the South Africa confectionery market by value in 2024?
- What will be the size of the South Africa confectionery market in 2029?
- What factors are affecting the strength of competition in the South Africa confectionery market?
- How has the market performed over the last five years?
- What are the main segments that make up South Africa's confectionery market?
Table of Contents
42 Pages
- 1 Executive Summary
- 1.1. Market value
- 1.2. Market value forecast
- 1.3. Market volume
- 1.4. Market volume forecast
- 1.5. Category segmentation
- 1.6. Geography segmentation
- 1.7. Market share
- 1.8. Market rivalry
- 1.9. Competitive landscape
- 2 Market Overview
- 2.1. Market definition
- 2.2. Market analysis
- 3 Market Data
- 3.1. Market value
- 3.2. Market volume
- 4 Market Segmentation
- 4.1. Category segmentation
- 4.2. Geography segmentation
- 4.3. Market distribution
- 5 Market Outlook
- 5.1. Market value forecast
- 5.2. Market volume forecast
- 6 Five Forces Analysis
- 6.1. Summary
- 6.2. Buyer power
- 6.3. Supplier power
- 6.4. New entrants
- 6.5. Threat of substitutes
- 6.6. Degree of rivalry
- 7 Competitive Landscape
- 7.1. Market share
- 7.2. Who are the leading players in the South African confectionery market?
- 7.3. Which companies have been most successful in increasing their market shares during 2019-24?
- 7.4. Which companies market shares have suffered over the same period (2019-24)?
- 7.5. What are the most popular brands in the South African confectionery market?
- 8 Company Profiles
- 8.1. Mondelez International Inc
- 8.2. Tiger Brands Ltd
- 8.3. Nestle SA
- 8.4. Premier FMCG Pty Ltd
- 9 Macroeconomic Indicators
- 9.1. Country data
- 10 Appendix
- 10.1. Methodology
- 10.2. Industry associations
- 10.3. Related MarketLine research
- 10.4. About MarketLine
- List of Tables
- Table 1: South Africa confectionery market value: $ million, 2019-24
- Table 2: South Africa confectionery market volume: million kilograms, 2019-24
- Table 3: South Africa confectionery market category segmentation: % share, by value, 2019-24
- Table 4: South Africa confectionery market category segmentation: $ million, 2019-24
- Table 5: South Africa confectionery market geography segmentation: $ million, 2024
- Table 6: South Africa confectionery market distribution: % share, by value, 2024
- Table 7: South Africa confectionery market value forecast: $ million, 2024-29
- Table 8: South Africa confectionery market volume forecast: million kilograms, 2024-29
- Table 9: South Africa confectionery market share: % share, by value, 2024
- Table 10: Mondelez International Inc: Key Facts
- Table 11: Mondelez International Inc: Annual Financial Ratios
- Table 12: Mondelez International Inc: Key Employees
- Table 13: Tiger Brands Ltd: Key Facts
- Table 14: Tiger Brands Ltd: Annual Financial Ratios
- Table 15: Tiger Brands Ltd: Key Employees
- Table 16: Nestle SA: Key Facts
- Table 17: Nestle SA: Annual Financial Ratios
- Table 18: Nestle SA: Key Employees
- Table 19: Nestle SA: Key Employees Continued
- Table 20: Premier FMCG Pty Ltd: Key Facts
- Table 21: Premier FMCG Pty Ltd: Key Employees
- Table 22: South Africa Size of Population (Million), 2020-24
- Table 23: South Africa Real GDP (Constant 2010 Prices, $ Billion), 2020-24
- Table 24: South Africa GDP (Current Prices, $ Billion), 2020-24
- Table 25: South Africa Inflation, 2020-24
- Table 26: South Africa Consumer Price Index (Absolute), 2020-24
- Table 27: South Africa Exchange Rate, 2019-24
- List of Figures
- Figure 1: South Africa confectionery market value: $ million, 2019-24
- Figure 2: South Africa confectionery market volume: million kilograms, 2019-24
- Figure 3: South Africa confectionery market category segmentation: $ million, 2019-24
- Figure 4: South Africa confectionery market geography segmentation: % share, by value, 2024
- Figure 5: South Africa confectionery market distribution: % share, by value, 2024
- Figure 6: South Africa confectionery market value forecast: $ million, 2024-29
- Figure 7: South Africa confectionery market volume forecast: million kilograms, 2024-29
- Figure 8: Forces driving competition in the confectionery market in South Africa, 2024
- Figure 9: Drivers of buyer power in the confectionery market in South Africa, 2024
- Figure 10: Drivers of supplier power in the confectionery market in South Africa, 2024
- Figure 11: Factors influencing the likelihood of new entrants in the confectionery market in South Africa, 2024
- Figure 12: Factors influencing the threat of substitutes in the confectionery market in South Africa, 2024
- Figure 13: Drivers of degree of rivalry in the confectionery market in South Africa, 2024
- Figure 14: South Africa confectionery market share: % share, by value, 2024
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