This report brings together consumer insight and market data to provide a comprehensive brief of the South African Dairy Food sector. This allows for the rapid identification of key growth opportunities across major Dairy Food categories and their packaging.
2. Summary
• This report brings together consumer insight and market data to provide
a comprehensive brief of the South African Dairy Food sector. This
allows for the rapid identification of key growth opportunities across
major Dairy Food categories and their packaging.
3. Key Findings
• A slowdown in economic growth, high inflation rates and falling
commodity prices are impacting demand for packaged goods in South
Africa
• The Dairy Food market in South Africa is forecast to grow higher than
the African region
• Growing consumer health awareness will influence sales of liquid Milk
• The introduction of new product varieties of Butter and Spreadable Fats
is increasing category sales
• Consumers growing interest in pre-packaged Cheese will influence
consumption during the forecast period
• High growth categories, Cheese and Milk, will see an increase in
market share.
4. The South African Dairy Market is expected to register a CAGR of over 4% over the
next four years.
5. Synopsis
• The Dairy Food market in South Africa is a well-organized high
volume market. Milk was the largest category in terms of volume
and value, while Cheese is forecast to be the fastest-growing
category driven by increased demand for Processed Cheese and
Natural Cheese. Demand for Dairy products with long shelf lives
is forecast to increase further.
6. Reasons to buy
• This overview of the consumer and market dynamics of the South
African Dairy sector allows new entrants and established companies to
gain rapid and comprehensive insight into the current state of the
market and identify the key trends that will drive growth in the coming
years.
• Check Full Report on :
http://www.jsbmarketresearch.com/food-beverages/r-Market-Focus-Trend
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