Forecasted to grow at a moderate pace, the South Africa confectionery market size is expected to reach USD 4,831.3 million by 2029, up from USD 2,772.2 million in 2023, resulting in a CAGR of 9.7%. South Africa’s confectionery market is driven by rising disposable incomes and a growing demand for indulgent products among its middle class. The expansion of modern retail outlets and e-commerce platforms has enhanced product accessibility, while consumers increasingly favor innovative and premium offerings.
The report offers a comprehensive evaluation of the South Africa confectionery 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 type, packaging type and distribution channel. This comprehensive evaluation aids in identifying the growth potential within the confectionery industry.
Market Segmentation
The South Africa confectionery market is classified into the following segments:
Product type: chocolate, gums, sugar confectionery
Packaging type: flexible packaging, folding cartons, rigid plastic, metal, others
Distribution channel: convenience stores, forecourts, supermarkets and hypermarkets, discounters, warehouse clubs, specialized stores, small grocery stores, foodservice channels, e-commerce, others
The South Africa confectionery market is segmented by product type, packaging type and distribution channel. By product type, the market is categorized into chocolate, gums, and sugar confectionery. Packaging type segments are divided into flexible packaging, folding cartons, rigid plastic, metal, and others. Distribution channel segments comprise convenience stores, forecourts, supermarkets and hypermarkets, discounters, warehouse clubs, specialized stores, small grocery stores, foodservice channels, e-commerce, and others.
Competitive Landscape
The South Africa confectionery market remains highly competitive, with major players including Trolli GmbH, Tiger Brands Limited, Sally Williams Fine Foods Pty. Ltd., Premier Foods Pty. Ltd., Perfetti Van Melle Group, Nestle S.A., Mondelez International Inc., Mars Incorporated, Joya Brands (Pty) Ltd, Ferrero International S.A., Comestibles Aldor SAS and Chocoladefabriken Lindt & Sprungli AG.
This analysis offers a comprehensive overview of the main players in the confectionery market, evaluating their performance trends from 2019 to 2023. Key findings illustrate shifts in market share, identifying both dominant firms and rising competitors.
Why Buy This Report?
Obtain precise statistical data and forecasts for the South Africa confectionery market.
Gain in-depth analysis and forecasts for the key segments of the South Africa confectionery market: product type, packaging type and distribution channel.
Develop region-specific strategies and set strategic priorities based on localized data analysis.
Gain deep insights into the dynamics of the South Africa confectionery market.
Identify high-potential investment opportunities by targeting growth sectors and emerging trends.
Anticipate the future trajectory of the South Africa confectionery market with informed projections.
Assess the competitive landscape to determine the ideal timing for capitalizing on market opportunities.
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Table of Contents
TABLE OF CONTENTS
Key Findings
Report Scope
Research Methodology
Market Overview
South Africa Confectionery Market – Product Type Analysis
South Africa Confectionery Market – Packaging Type Analysis
South Africa Confectionery Market – Distribution Channel Analysis
Key Players and Market Share
– Trolli GmbH
– Tiger Brands Limited
– Sally Williams Fine Foods Pty. Ltd.
– Premier Foods Pty. Ltd.
– Perfetti Van Melle Group
– Nestle S.A.
– Mondelez International Inc.
– Mars, Incorporated
– Joya Brands (Pty) Ltd
…
Macroeconomic Data and Forecast
Disclaimer
FIGURES AND TABLES
Table South Africa Confectionery Market 2019-2029
Chart South Africa Confectionery Market, Net Growth, 2019-2029
Chart South Africa Confectionery Market, Growth Rates, 2019-2029
Table South Africa Confectionery Market by Product Type, 2019-2029
Chart South Africa Confectionery Market by Product Type, CAGR Historic and Forecast, 2019-2029
Chart South Africa Confectionery Market by Product Type, 2019-2029
Table South Africa Confectionery Market by Packaging Type, 2019-2029
Chart South Africa Confectionery Market by Packaging Type, CAGR Historic and Forecast, 2019-2029
Chart South Africa Confectionery Market by Packaging Type, 2019-2029
Table South Africa Confectionery Market by Distribution Channel, 2019-2029
Chart South Africa Confectionery Market by Distribution Channel, CAGR Historic and Forecast, 2019-2029
Chart South Africa Confectionery Market by Distribution Channel, 2019-2029
Table South Africa Confectionery Market Share (%), by Companies, 2019-2023
Chart South Africa Confectionery Market, by Companies, 2023
Table South Africa Confectionery Market Share (%), by Brands, 2019-2023
Chart South Africa Confectionery 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 Confectionery Market: Spend as a Proportion of GDP (%)
Table South Africa Confectionery Market: Consumption per Capita (Population)
Companies Mentioned
Trolli GmbH
Tiger Brands Limited
Sally Williams Fine Foods Pty. Ltd.
Premier Foods Pty. Ltd.
Perfetti Van Melle Group
Nestle S.A.
Mondelez International Inc.
Mars, Incorporated
Joya Brands (Pty) Ltd
Ferrero International S.A.
Comestibles Aldor SAS
Chocoladefabriken Lindt & Sprungli AG