HW Snacks in South Africa

November 2023 | 11 pages | ID: HBC3A6B86714EN
Euromonitor International Ltd

Abstracts

Private label snacks have grown in popularity as South Africans seek affordable alternatives to well-known, established brands. Retailers are capitalising on this trend by investing in research and development to create innovative snacks that cater for various tastes and dietary preferences. Private label innovation in snacks, in particular with health and wellness claims, has become an important strategy for retailers looking to increase sales and profit margins. With the right product mix, pri...

Euromonitor International's HW Snacks in South Africa report tracks the developments of health-associated product types and the healthy-option positioning of competing brands across different food sectors. It provides the latest retail sales data 2018-2022, allowing you to compare health and wellness categories with each other or in the context of the total market for a sector. It identifies the leading companies, the leading brands and offers strategic analysis of key factors influencing the market- be they new product developments, legislative context or lifestyle influences. Forecasts to 2027 illustrate how the market is set to change.

Product coverage: HW Confectionery, HW Ice Cream, HW Savoury Snacks, HW Snacks by Type, HW Sweet Biscuits, Snack Bars and Fruit Snacks.

Data coverage: market sizes (historic and forecasts), company shares, brand shares and distribution data.

Why buy this report?

• Get a detailed picture of the HW Snacks 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.

Euromonitor International has over 40 years' experience of publishing market research reports, business reference books and online information systems. With offices in London, Chicago, Singapore, Shanghai, Vilnius, Dubai, Cape Town, Santiago, Sydney, Tokyo and Bangalore and a network of over 800 analysts worldwide, Euromonitor International has a unique capability to develop reliable information resources to help drive informed strategic planning.

Contents

HW Snacks in South Africa
Euromonitor International
January 2024

LIST OF CONTENTS AND TABLES

HW SNACKS IN SOUTH AFRICA
KEY DATA FINDINGS

2022 DEVELOPMENTS

Private label leads innovation in health and wellness snacks
Gluten free is leading claim in health and wellness snacks in South Africa
Rising interest in plant-based claim in health and wellness snacks
PROSPECTS AND OPPORTUNITIES
Growing concern over lifestyle diseases drive demand for healthier snacks and rigorous food labelling
Despite marginal declines, demand for gluten free snacks likely to be driven by higher-income South Africans
Growing demand for no allergens claim
MARKET DATA
Table 1 Sales of Snacks by Health and Wellness Type: Value 2019-2022
Table 2 Sales of Snacks by Health and Wellness Type: % Value Growth 2019-2022
Table 3 Company Shares of Gluten Free Snacks (Biggest HW Type in Global Snacks): % Value 2019-2022
Table 4 Company Shares of Organic Snacks (3rd Biggest HW Type in Global Snacks): % Value 2019-2022
Table 5 Company Shares of Vegan Snacks (4th Biggest HW Type in Global Snacks): % Value 2019-2022
Table 6 Company Shares of No Allergens Snacks (5th Biggest HW Type in Global Snacks): % Value 2019-2022
Table 7 Forecast Sales of Snacks by Health and Wellness Type: Value 2022-2027
Table 8 Forecast Sales of Snacks by Health and Wellness Type: % Value Growth 2022-2027
HEALTH AND WELLNESS IN SOUTH AFRICA
EXECUTIVE SUMMARY
Overview
DISCLAIMER