The Baby Food Sector in South Africa, 2019

Baby Food Market Emerging Trends, Growing Demand and Business Growth 2019 | South Africa

Market Reports On South Africa Provides the Trending Market Research Report On “The Baby Food Sector in South Africa, 2019� 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.

Summary "The Baby Food Sector in South Africa, 2019", is an analytical report which provides extensive and highly detailed current and future market trends in the South African market.

The top three economic groups - representing just 24.5% of the population in 2015 - are the main purchasers of commercially prepared baby food. The sector remained vibrant up to 2016, despite a poor economic climate, but has recently been depressed by lower birth numbers and a continuing sluggish economy. However, all categories, except drinks, have expanded in real terms. Wet meals registered the

highest growth, with retail sales doubling, thanks to the appearance of new products, principally pouches, which have balanced the swing towards home-prepared meals. Milks, however, remains the dominant category. There is significant domestic production, with Nestlé producing milks and cereals locally. Other local producers include Tiger Brands, Aspen, and Rhodes Food Group. Imports primarily from Germany - have fallen considerably. Despite losing share, Nestlé remains dominant, accounting for 52.5% of value in 2018, followed by Tiger Brands (Purity). Aspen (which sold its business to Lactalis in late 2018) has been strengthening its position. Other players include Abbott and companies offering organic or “healthier” food, including Allganix (Olli’s), Hipp, Rhodes (Squish), and Woolworths. Supermarkets are the main distribution channel, but pharmacies are also significant, especially for milks and cereals. The market is expected to increase, largely attributable to price rises, while consumption will be constrained by the expected fall in the number of live births, but it should be encouraged to some extent by a stronger economy and product innovation.

Request a free sample copy of Baby Food Market Report http://www.marketreportsonsouthafrica.com/marketreports/Sample/Reports/937172 What

else

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this

report

@

offer?

- Consumption data based upon a unique combination of industry research, fieldwork, market sizing work and our in-house expertise to offer extensive data about the trends and dynamics affecting the industry.

- Detailed profile of the companies operating and new companies considering entry in the industry along with their key focus product sectors.

- Market profile of the various product sectors with the key features & developments, segmentation, per capita trends and the various manufacturers & brands.

- Overview of baby food retailing with a mention of the major retailers in the country along with the distribution channel.

- Future projections considering various trends which are likely to affect the industry.

Scope - The top three Living Standards Measure (LSM) groups, 8-10, are the main purchasers of commercially prepared baby food, and these groups represented just 24.5% of the population in 2015.

- Consumption per baby aged 0-3 years stood at 12.7 kg in 2018, but because only a proportion of mothers are in a financial position to purchase baby food.

- The highest growth rate over the period 2012 to 2018 was registered by wet meals, where retail sales doubled and volume sales rose by 12%.

- There is significant domestic production, with market leader Nestlé producing both its milks and cereals in the country. Other local producers include Tiger Brands, Aspen, and Rhodes Food Group.

- Nestlé, despite losing share, has been the most important supplier throughout this period, accounting for 52.5% of total market value in 2018. Tiger Brands (Purity) is in second place with 21%, while Aspen (which sold its business to Lactalis in late 2018) has been strengthening its position, gaining a share of 19%.

- Supermarkets are the main source of supply, accounting for over half of volumes, while hypermarkets are growing in importance.

- The market is expected to increase by 65% in current price terms between 2018 and 2024.

Reasons

to

buy

- Evaluate important changes in consumer behavior and identify profitable markets and areas for product innovation.

- Analyse current and forecast behavior trends in each category to identify the best opportunities to

exploit.

- Detailed understanding of consumption by individual product categories in order to align your sales and marketing efforts with the latest trends in the market.

- Investigates which categories are performing the best and how this is changing market dynamics.

Browse our full report with Table of Contents: http://www.marketreportsonsouthafrica.com/marketreports/the-baby-food-sector-in-southafrica-2019/937172 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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