Restaurants in South Africa industry profile provides top-line qualitative and quantitative summary information including: market size (value 2010-14, and forecast to 2019). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market. Essential resource for top-line data and analysis covering the South Africa restaurants market. Includes market size data, textual and graphical analysis of market growth trends, leading companies and macroeconomic information.
The restaurants industry is valued according to total sales of all food and drink (soft and alcoholic) in or through restaurants and cafes, fast food retail, drinking places, and other. The restaurants & cafes industry includes full-service restaurants, commercial cafeterias and snack bars. Fast food retail consists of all limited service restaurants, takeaways, street & mobile and leisure vendors. Drinking places are defined as bars, taverns and nightclubs. Other includes home delivery/takeaway, catering, self service, street stalls and kiosks. Sales through vending machines are not included. All sales are valued at the prices paid by consumers, not the prices paid by restaurant operators to their suppliers. Market volumes are classed as the number of individuals employed in foodservice locations.
The South African restaurants industry had total sales of $4.2bn in 2014, representing a compound annual growth rate (CAGR) of 7% between 2010 and 2014.
Industry volume increased with a CAGR of 0.6% between 2010 and 2014, to reach a total of 598.5 thousand employees in 2014.
The performance of the industry is forecast to accelerate, with an anticipated CAGR of 9.4% for the five-year period 2014 - 2019, which is expected to drive the industry to a value of $6.6bn by the end of 2019.
Save time carrying out entry-level research by identifying the size, growth, and leading players in the restaurants market in South Africa
Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the restaurants market in South Africa
Leading company profiles reveal details of key restaurants market players’ global operations and financial performance
Add weight to presentations and pitches by understanding the future growth prospects of the South Africa restaurants market with five year forecasts
Macroeconomic indicators provide insight into general trends within the South Africa economy
Key Questions Answered
What was the size of the South Africa restaurants market by value in 2014? What will be the size of the South Africa restaurants market in 2019? What factors are affecting the strength of competition in the South Africa restaurants market? How has the market performed over the last five years?