Confectionery in South Africa - Market Outlook to 2023: Key Trends and Growth Opportunities


Posted June 17, 2019 by rachaelpate

Confectionery in South Africa industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value and volume 2014-18, and forecast to 2023).
 
Market Reports On South Africa Provides the Trending Market Research Report On “Confectionery in South Africa” under Food & Beverage category. The Report offers a collection of South Africa Market Trends, South Africa Market Analysis, South Africa Business Trends, And South Africa Market Size And Growth.

Confectionery in South Africa industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value and volume 2014-18, and forecast to 2023). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.

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Key Highlights
The confectionery market consists of the retail sale of chocolate, gum and sugar confectionery products. The chocolate segment consists of all chocolate based products, including boxed chocolates, chocolate countlines, chocolate straightlines, molded bars and novelties. The gum segment consists of all bubble and chewing gum. Moreover, the sugar confectionery products consists of hard boiled sweets, mints, caramels & toffees, gums and jellies, marshmallows, fudges and medicated throat lozenges. The market is valued according to retail selling price (RSP) and includes any applicable taxes. Any currency conversions used in the creation of this report have been calculated using constant 2018 annual average exchange rates.
The South African confectionery market had total revenues of $1,142.3m in 2018, representing a compound annual growth rate (CAGR) of 6.1% between 2014 and 2018.
Market consumption volume increased with a CAGR of 2.8% between 2014 and 2018, to reach a total of 106.0 million kilograms in 2018.
In South Africa, economic turmoil, such as the currency depreciation during the review period, has forced confectionery manufacturers to increase product prices to manage their production costs.

Scope
- 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 by both value and volume

Reasons to buy
- What was the size of the South Africa confectionery market by value in 2018?
- What will be the size of the South Africa confectionery market in 2023?
- What factors are affecting the strength of competition in the South Africa confectionery market?
- How has the market performed over the last five years?
- Who are the top competitiors in South Africa's confectionery market?

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About Market Reports on South Africa:
Market Reports on South Africa is thus the one-stop solution for the entire market research requirements with regards to South Africa.
We provide you with insight and analysis on the country’s economic outlook at the national, regional and city level, presenting a deep understanding of disparities and evolutionary paths. Get a complete, consistent and concise view of your markets with comprehensive industry reports. Our latest regional data-banks, forecasts, and detailed risk ratings will help you to identify risk and opportunities in every industry and develop strategic plans to deal with the competitiveness in South Africa’s market.

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Issued By Rachael Pate
Country South Africa
Categories Food , Industry
Tags confectionery market growth analysis , confectionery market research report , confectionery market trends forecast
Last Updated June 17, 2019