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Food & Grocery Retail in South Africa

Publisher MarketLine
Published Oct 09, 2025
Length 39 Pages
SKU # MTLN20645723

Description

Food & Grocery Retail in South Africa

Summary

Food & Grocery Retail in South Africa industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value and volume 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
  • The food & grocery retail market is segmented into household products, tobacco, food, and drinks. Market value refers to retail sales.
  • The South African food & grocery retail market recorded revenues of $56.7 billion in 2024, representing a compound annual growth rate (CAGR) of 1.3% between 2019 and 2024.
  • The food segment accounted for the market's largest proportion in 2024, with total revenues of $42.9 billion, equivalent to 75.6% of the market's overall value.
  • In 2024, the South African food & grocery retail market recorded an annual growth of 5.0% due to the rise in household income, which has significantly enhanced consumer purchasing power.
Scope
  • Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the food & grocery retail market in South Africa
  • Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the food & grocery retail market in South Africa
  • Leading company profiles reveal details of key food & grocery retail market players’ global operations and financial performance
  • Add weight to presentations and pitches by understanding the future growth prospects of the South Africa food & grocery retail market with five year forecasts by both value and volume
Reasons to Buy
  • What was the size of the South Africa food & grocery retail market by value in 2024?
  • What will be the size of the South Africa food & grocery retail market in 2029?
  • What factors are affecting the strength of competition in the South Africa food & grocery retail market?
  • How has the market performed over the last five years?
  • Who are the top competitors in South Africa's food & grocery retail market?

Table of Contents

39 Pages
1 Executive Summary
1.1. Market value
1.2. Market value forecast
1.3. Category segmentation
1.4. Geography segmentation
1.5. Market rivalry
1.6. Competitive landscape
2 Market Overview
2.1. Market definition
2.2. Market analysis
3 Market Data
3.1. Market value
4 Market Segmentation
4.1. Category segmentation
4.2. Geography segmentation
4.3. Market distribution
5 Market Outlook
5.1. Market value 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. Who are the leading players?
7.2. What are the strategies of the leading players?
7.3. What are the strengths of the leading players?
7.4. What are the recent developments in the market?
8 Company Profiles
8.1. Shoprite Holdings Ltd
8.2. Pick n Pay Stores Ltd
8.3. SPAR International
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 food & grocery retail market value: $ million, 2019-24
Table 2: South Africa food & grocery retail market category segmentation: % share, by value, 2019-24
Table 3: South Africa food & grocery retail market category segmentation: $ million, 2019-24
Table 4: South Africa food & grocery retail market geography segmentation: $ million, 2024
Table 5: South Africa food & grocery retail market distribution: % share, by value, 2024
Table 6: South Africa food & grocery retail market value forecast: $ million, 2024-29
Table 7: Shoprite Holdings Ltd: Key Facts
Table 8: Shoprite Holdings Ltd: Annual Financial Ratios
Table 9: Shoprite Holdings Ltd: Key Employees
Table 10: Pick n Pay Stores Ltd: Key Facts
Table 11: Pick n Pay Stores Ltd: Annual Financial Ratios
Table 12: Pick n Pay Stores Ltd: Key Employees
Table 13: SPAR International: Key Facts
Table 14: SPAR International: Key Employees
Table 15: South Africa Size of Population (Million), 2020-23
Table 16: South Africa Real GDP (Constant 2010 Prices, $ Billion), 2020-24
Table 17: South Africa GDP (Current Prices, $ Billion), 2020-24
Table 18: South Africa Inflation, 2020-23
Table 19: South Africa Consumer Price Index (Absolute), 2020-24
Table 20: South Africa Exchange Rate, 2019-24
List of Figures
Figure 1: South Africa food & grocery retail market value: $ million, 2019-24
Figure 2: South Africa food & grocery retail market category segmentation: $ million, 2019-24
Figure 3: South Africa food & grocery retail market geography segmentation: % share, by value, 2024
Figure 4: South Africa food & grocery retail market distribution: % share, by value, 2024
Figure 5: South Africa food & grocery retail market value forecast: $ million, 2024-29
Figure 6: Forces driving competition in the food & grocery retail market in South Africa, 2024
Figure 7: Drivers of buyer power in the food & grocery retail market in South Africa, 2024
Figure 8: Drivers of supplier power in the food & grocery retail market in South Africa, 2024
Figure 9: Factors influencing the likelihood of new entrants in the food & grocery retail market in South Africa, 2024
Figure 10: Factors influencing the threat of substitutes in the food & grocery retail market in South Africa, 2024
Figure 11: Drivers of degree of rivalry in the food & grocery retail market in South Africa, 2024

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