South Africa Bakery Products Market (2022-2028) | Trends, Value, Revenue, Outlook, Forecast, Size, Analysis, Growth, Industry, Share, Segmentation & COVID-19 IMPACT

Market Forecast By Product Types (Cakes and PastriesBiscuitsBreadMorning Goods & Others), By Distribution Channels (Hypermarkets/Supermarkets, Convenience Stores, Speciality Stores, Online Retailing & Others) and competitive landscape

Product Code: ETC4378001 Publication Date: Jan 2023 Product Type: Report
Publisher: 6Wresearch No. of Pages: 70 No. of Figures: 19 No. of Tables: 4

South Africa Bakery Products Market Synopsis

The South Africa Bakery Products Market grew moderately in 2018 and 2019, owing to a increase in consumption by the growing population. Furthermore, government’s initiative 'South Africa's Township and Rural Entrepreneurship Programme (TREP),' in which the government gave $1 million to 1,400 owner-managed micro, home-based, co-operative bakeries and confectioneries, is accelerating the country's bakery product growth. Due to the COVID-19 outbreak, tendency of bulk purchasing of bread products was observed throughout the country in 2020 leading to a sudden spike in sales. However, disruption of supply chain as well as imports dependency for wheat, resulted in supply side constraints; additionally, the closure of bakeries, restaurants, retail establishments, and other places of business resulted in significant business interruption and loss of revenue.

South Africa Bakery Products Market

According to 6wresearch, the South Africa Bakery Products Market revenue size is projected to grow at a CAGR of 2.7% from 2022-to 2028. The Bakery Products Market in south Africa will obtain growth over the forecast period since the demand for these products is growing in the country. South Africa Bakery Products Industry is an essential part of the Africa Bakery Products Market. Over the past few years, bakery products market in South Africa grew steadily on account of growing demand for affordable and ready-to-eat products among consumers due to fast-paced lifestyle and constrained spending among majority class of the country. Development of the retail sector, with expansion of supermarket/ hyper market networks across key cities along with development of retail store chains would continue to support growth of the domestic bakery industry.

There are a number of key companies operating in this sector and with their hard work and efforts they have been adding value to the South Africa Bakery Products Market growth.

Market by Product Types

Bread, traditionally being a key ingredient of the staple diet in the country accounts for a major chunk of the South Africa bakery products market revenues. However, several factors such as prevalence of home baking, consumer preference for lower value product and increasing wheat prices are impeding growth of the market. Bread will remain the highest growing product type segment in the market.

South Africa Bakery Products Market Revenue Share

Market by Distribution Channels

Convenience store held significant revenues in South Africa bakery product market on account of wide presence and proximity across diverse residential developments. This segment will grow more in the years to come.

Key Attractiveness of the Report

  • COVID-19 Impact on the Market.
  • 11 Years Market Numbers.
  • Historical Data Starting from 2018 to 2028.
  • Base Year: 2022
  • Forecast Data until 2028.
  • Key Performance Indicators Impacting the Market.
  • Major Upcoming Developments and Projects.

Key Highlights of the Report

  • South Africa Bakery Products Market Overview
  • South Africa Bakery Products Market Outlook
  • South Africa Bakery Products Market Forecast
  • South Africa Bakery Products Market Size
  • Historical Data of South Africa Bakery Products Market Revenues, for the Period 2018-2021
  • South Africa Bakery Products Market Forecast of Revenues, Until 2028
  • Historical Data of South Africa Bakery Products Market Revenues, by Product Types, for the Period 2018-2021
  • Market Size & Forecast of South Africa Bakery Products Market Revenues, by Product Types, until 2028
  • Historical Data of South Africa Bakery Products Market Revenues, by Distribution Channels, for the Period 2018-2021
  • Market Size & Forecast of South Africa Bakery Products Market Revenues, by Distribution Channels, until 2028
  • Market Drivers and Restraints
  • South Africa Bakery Products Market Trends
  • Market Opportunity Assessment
  • South Africa Bakery Products Market Share, By Players
  • South Africa Bakery Products Market Share, By Regions
  • South Africa Bakery Products Market Overview on Competitive Benchmarking
  • Company Profiles
  • Key Strategic Recommendations

Market Scope and Segmentation

The report provides a detailed analysis of the following market segments:

By Product Types

  • Cakes and Pastries
  • Biscuits
  • Bread
  • Sandwiches & Wraps
  • Others

By Distribution Channels

  • Hypermarkets/Supermarkets
  • Convenience Stores
  • Specialty Stores
  • Online Retailing
  • Others
South Africa Bakery Products Market: FAQs
Due to the COVID-19 outbreak, tendency of bulk purchasing of bread products was observed throughout the country in 2020 leading to a sudden spike in sales. However, disruption of supply chain as well as imports dependency for wheat, resulted in supply side constraints; additionally, the closure of bakeries, restaurants, retail establishments, and other places of business resulted in significant business interruption and loss of revenue.
According to 6wresearch, the South Africa Bakery Products Market revenue size is projected to grow at a CAGR of 2.7% from 2022-to 28.
Bread, traditionally being a key ingredient of the staple diet in the country accounts for a major chunk of the South Africa bakery products market revenues. The number of people consuming bread in the country will continue to grow in the future.
Convenience store held significant revenues in South Africa bakery product market on account of wide presence and proximity across diverse residential developments. This segment will grow more in the years to come.
Yes, we provide customisation as per your requirements. To learn more, feel free to contact us on sales@6wresearch.com
1. Executive Summary
2. Introduction
   2.1. Report Description
   2.2. Key Highlights of The Report
   2.3. Market Scope & Segmentation
   2.4. Research Methodology
   2.5. Assumptions
3. South Africa Bakery Products Market Overview
   3.1. South Africa Bakery Products Market Revenues, 2018-2028F
   3.2. South Africa Bakery Products Market - Industry Life Cycle
   3.3. South Africa Bakery Products Market - Porter’s Five Forces
   3.4. South Africa Bakery Products Market Revenue Share, By Product Types, 2019 & 2028F
   3.5. South Africa Bakery Products Market Revenue Share, By Distribution Channels, 2019 & 2028F
4. South Africa Bakery Products Market Covid-19 Impact Analysis
5. South Africa Bakery Products Market Dynamics
   5.1. Impact Analysis
   5.2. Market Drivers
   5.3 Market Restraints
6. South Africa Bakery Products Market Trends
7. South Africa Bakery Products Market Overview, By Product Types
   7.1. South Africa Cakes and Pastries Market Revenues, 2018-2028F
   7.2. South Africa Biscuits Market Revenues, 2018-2028F
   7.3. South Africa Bread Market Revenues, 2018-2028F
   7.4. South Africa Sandwiches & Wraps Market Revenues, 2018-2028F
   7.5. South Africa Others Market Revenues, 2018-2028F
8. South Africa Bakery Products Market Overview, By Distribution Channels
   8.1. South Africa Bakery Products Market Revenues, By Hypermarkets/Supermarkets Distribution Channel, 2018-2028F
   8.2. South Africa Bakery Products Market Revenues, By Convenience Stores Distribution Channel, 2018-2028F
   8.3. South Africa Bakery Products Market Revenues, By Speciality Stores Distribution Channel, 2018-2028F
   8.4. South Africa Bakery Products Market Revenues, By Online Retailing Distribution Channel, 2018-2028F
   8.5. South Africa Bakery Products Market Revenues, By Other Distribution Channels, 2018-2028F
9. South Africa Bakery Products Market - Key Performance Indicators
10. South Africa Bakery Products Market - Opportunity Assessment
10.1. South Africa Bakery Products Market Opportunity Assessment, By Product Types, 2028F
   10.2. South Africa Bakery Products Market Opportunity Assessment, By Distribution Channels, 2028F
11. South Africa Bakery Products Market Competitive Landscape
   11.1. South Africa Bakery Products Market Revenue Ranking, By Companies, 2021
   11.2. South Africa Bakery Products Market Competitive Benchmarking, By Operating & Technical Parameters
12. Company Profiles
   12.1. Pioneer Food Group
   12.2. Tiger Brands
   12.3. Premier Foods Group
   12.4. RCL Foods
   12.5. AVI Limited
   12.6. Libstar operations (pty) ltd
   12.7. Bimbo QSR
   12.8. Blue Shirt Bakery
   12.9. Rhodes Foods Pty Ltd
   12.10. Baketech (Pty) Ltd
13. Key Recommendations
14. Disclaimer
List of Figures
1. South Africa Bakery Products Market Revenues, 2018-2028F ($ Million)
2. South Africa Bakery Products Market Revenue Share, By Types, 2021 & 2028F
3. South Africa Bakery Products Market Revenue Share, By Distribution Channels, 2021 & 2028F
4. Consumer expenditures in Africa (US$ Trillion), (2025 – 2030) 
5. South Africa Industry revenue of "restaurants, bars and canteens" 2018-2023 (in US$ Billion).
6. South Africa Usage of Online Services by Frequency of Online Shopping (2020)
7. Popularity of E-commerce in South Africa, By Product Category (% respondents)
8. South Africa Composition of employment by occupational level before and during COVID-19 
9. South African Food Inflation and Consumer Price Index (2018-2021)
10. South Africa Wheat Price Rand per Tons (2017 – 2020)
11. South Africa Hotel room revenue, 2018-2022
12. South Africa Hotel room revenue (% Change year on year)
13. South Africa Consumer spending their budget on food, 2020
14. South Africa Ultra-processed beverages, sales (Kg) per capita
15. South Africa Annual Per Capita Consumption (Kg/Person) Of The Major Starches, 2021
16. South Africa Bakery Products Market Opportunity Assessment, By Product Type, 2028F
17. South Africa Bakery Products Market Opportunity Assessment, By Distribution Channel, 2028F
18. South Africa Bakery Products Market Revenue Ranking, By Companies, 2021
List of Tables
1. South Africa Bakery Products Market Revenues, By Product Type, 2018-2028F ($ Million)
2. South Africa Bakery Products Market Revenues, By Material, 2018-2028F ($ Million)
3. South Africa Price trends of Wheat, 2018-2020 
4. South Africa Future Prices of wheat  (Year/Month),2022 
 

Market Forecast By Product Types (Cakes and PastriesBiscuitsBreadMorning Goods & Others), By Distribution Channels (Hypermarkets/Supermarkets, Convenience Stores, Speciality Stores, Online Retailing & Others) and competitive landscape

Product Code: Bakery Product Publication Date: Apr 2020 Product Type: Report
Publisher: 6Wresearch No. of Pages: 70 No. of Figures: 35 No. of Tables: 5

South Africa bakery product market is expected to grow due to the changing consumer lifestyles, increased snacking and indulgence consumption, improving standards of living of people, rising demand for multi-grains or whole wheat with low trans-fat content bakery products is expected to stimulate the demand for bakery products. Additionally, the spread of coronavirus would result in panic buying of essential food staples among the consumers thereby creating immense demand for bakery products.

According to 6Wresearch, South Africa Bakery Product Market size is expected to register significant growth during 2020-2026. Based on product types, the bread segment is expected to dominate the South Africa bakery product market due to increasing manufacturers' focus to add flavored bread to their product portfolios and offer consumers a variety of options such as banana bread, gluten-free bread, high fiber bread, and multigrain bread. Additionally, the rising prices of maize products resulted in low-income consumers switching to cost-effective alternatives such as brown or white bread attributing, to the strong growth of bread segment in the South Africa bakery product market.

Based on distribution channels, hypermarkets/supermarkets segment is expected to gain dominance in the South Africa bakery product market as it provides a diversified variety of bakery products along with the availability of attractive schemes and offers to promote the demand for bakery products, which is anticipated to benefit the growth of the South Africa bakery product market.

South Africa Bakery Products' market report thoroughly covers the market by product types and distribution channels. South Africa Bakery Products market outlook report provides an unbiased and detailed analysis of the on-going South Africa Bakery Products market trends, opportunities/high growth areas, and drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.

Key Highlights of the Report:

  • South Africa Bakery Products Market Overview
  • South Africa Bakery Products Market Outlook
  • South Africa Bakery Products Market Forecast
  • South Africa Bakery Products Market Size
  • Historical Data of South Africa Bakery Products Market Revenues, for the Period 2016-2019
  • South Africa Bakery Products Market Forecast of Revenues, Until 2026
  • Historical Data of South Africa Bakery Products Market Revenues, by Product Types, for the Period 2016-2019
  • Market Size & Forecast of South Africa Bakery Products Market Revenues, by Product Types, until 2026
  • Historical Data of South Africa Bakery Products Market Revenues, by Distribution Channels, for the Period 2016-2019
  • Market Size & Forecast of South Africa Bakery Products Market Revenues, by Distribution Channels, until 2026
  • Market Drivers and Restraints
  • South Africa Bakery Products Market Trends
  • Market Opportunity Assessment
  • South Africa Bakery Products Market Share, By Players
  • South Africa Bakery Products Market Share, By Regions
  • South Africa Bakery Products Market Overview on Competitive Benchmarking
  • Company Profiles
  • Key Strategic Recommendations

Markets Covered

South Africa Bakery Products Market report provides a detailed analysis of the following market segments:

  • By Product Types:
    • Cakes and Pastries
    • Biscuits
    • Bread
    • Morning Goods
    • Others
  • By Distribution Channels:
    • Hypermarkets/Supermarkets
    • Convenience Stores
    • Specialty Stores
    • Online Retailing
    • Others

Other Key Related Reports Include:

  • Kenya Bakery Products Market Report
  • Nigeria Bakery Products Market Report
  • Saudi Arabia Bakery Products Market Report
  • United Arab Emirates Bakery Products Market Report
  • Qatar Bakery Products Market Report

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