South Africa Cooking and Edible Oils Market 2024

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The analysis predicts the cooking and edible oils market in South Africa will grow from USD 1,002 million in 2023 to USD 1,635 million by 2029, achieving a compound annual growth rate (CAGR) of 8.5 percent. The South Africa cooking and edible oils market is primarily driven by the country’s expanding population and increasing urbanization, which are fueling demand for edible oils. As incomes rise, there is also a noticeable shift towards packaged and processed foods, further boosting market growth.

Moreover, growing consumer awareness about health and nutrition is creating demand for healthier alternatives, such as rice bran oils. The expansion of retail distribution networks, including supermarkets and modern trade channels, is making a wider variety of oils accessible, supporting further market expansion.

The report offers a comprehensive evaluation of the South Africa cooking and edible oils market, presenting crucial data on historical market size, growth patterns, and future projections. It provides a thorough breakdown of market segments and sub-segments, with a focus on key variables such as product, packaging type, and distribution channel. This comprehensive evaluation aids in identifying the growth potential within the cooking and edible oils industry.


Market Segmentation


The cooking and edible oils market in South Africa is classified into the following segments:
Product: olive oil, rapeseed oil (canola oil), soy oil, sunflower oil
Packaging type: glass bottles, metal containers, plastic bottles
Distribution channel: convenience stores, supermarkets and hypermarkets, discounters, warehouse clubs, small grocery stores, foodservice channels, e-commerce, others

The South Africa cooking and edible oils market is segmented on the basis of product, packaging type, and distribution channel. By product, the cooking and edible oils market in South Africa has been segmented into olive oil, rapeseed oil (canola oil), soy oil, and sunflower oil. Based upon packaging type, the cooking and edible oils market in South Africa is categorized into glass bottles, metal containers, and plastic bottles. On the basis of distribution channel, the cooking and edible oils market in South Africa has been segmented into convenience stores, supermarkets and hypermarkets, discounters, warehouse clubs, small grocery stores, foodservice channels, e-commerce, and others.


Competitive Landscape


The South Africa cooking and edible oils market is highly competitive. The prominent players operating in the South Africa cooking and edible oils market include Borges International Group S.L., Costa F & Son, Maxims Packers (Pty) Ltd, Southern Oil (Pty) Ltd., Unity Food Products (Pty) Ltd., Upfield Holdings B.V., Willowton Group, Wilmar International Ltd.

The report presents a detailed analysis of the South Africa cooking and edible oils market, focusing on the performance of major companies between 2019 and 2023. The data offers valuable insights into market share fluctuations, identifying established leaders and the ascent of new entrants. Such information provides companies with the tools needed to enhance their strategic positioning and remain competitive, even as market conditions evolve.


Why Buy This Report?


Obtain precise statistical data and forecasts for the South Africa cooking and edible oils market.
Develop region-specific strategies and set strategic priorities based on localized data analysis.
Gain deep insights into the dynamics of the South Africa cooking and edible oils market.
Identify high-potential investment opportunities by targeting growth sectors and emerging trends.
Anticipate the future trajectory of the South Africa cooking and edible oils market with informed projections.
Assess the competitive landscape to determine the ideal timing for capitalizing on market opportunities.


Table of Contents


TABLE OF CONTENTS
Key findings
Report scope
Research methodology
Market overviewSouth Africa cooking and edible oils market – product analysis
South Africa cooking and edible oils market – packaging type analysis
South Africa cooking and edible oils market – distribution channel analysis
Key players and market share
– Borges International Group S.L.
– Costa F & Son
– Maxims Packers (Pty) Ltd
– Southern Oil (Pty) Ltd.
– Unity Food Products (Pty) Ltd.

Macroeconomic data and forecast
Disclaimer

FIGURES AND TABLES
Table South Africa cooking and edible oils market 2019-2029
Chart South Africa cooking and edible oils market, net growth, 2019-2029
Chart South Africa cooking and edible oils market, growth rates, 2019-2029
Table South Africa cooking and edible oils market by product, 2019-2029
Chart South Africa cooking and edible oils market by product, CAGR historic and forecast, 2019-2029
Chart South Africa cooking and edible oils market by product, 2019-2029
Table South Africa cooking and edible oils market by packaging type, 2019-2029
Chart South Africa cooking and edible oils market by packaging type, CAGR historic and forecast, 2019-2029
Chart South Africa cooking and edible oils market by packaging type, 2019-2029
Table South Africa cooking and edible oils market by distribution channel, 2019-2029
Chart South Africa cooking and edible oils market by distribution channel, CAGR historic and forecast, 2019-2029
Chart South Africa cooking and edible oils market by distribution channel, 2019-2029
Table South Africa cooking and edible oils market share (%), by companies, 2019-2023
Chart South Africa cooking and edible oils market, by companies, 2023
Table South Africa cooking and edible oils market share (%), by brands, 2019-2023
Chart South Africa cooking and edible oils market, by brands, 2023
Table South Africa – population (millions) and forecast
Table South Africa – consumer price index (CPI) and forecast
Table South Africa – gross domestic product and forecast
Table South Africa cooking and edible oils market: spend as a proportion of GDP (%)
Table South Africa cooking and edible oils market: consumption per capita (population)


Product Type

Industry Statistics

Region

Middle East and Africa

Published Date

2024

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