The South Africa savory snacks market is on track to grow from USD 1,681.7 million in 2023 to USD 2,774.1 million by 2029, with a projected CAGR of 8.7% across the forecast period. South Africa’s savory snacks market is growing as a result of rising disposable incomes and urbanization. As more consumers adopt snacking as part of their daily routines, demand for products like chips, pretzels, and nuts is increasing, especially in urban areas. Local snack preferences, such as biltong and droëwors (dried meat), remain strong, but international snacks are becoming more popular as well. Additionally, there is a growing shift toward healthier snack options, with more consumers seeking lower-fat, baked snacks and those with natural ingredients to meet their changing dietary preferences.
The report delivers an in-depth analysis of the South Africa savory snacks industry, offering extensive market data such as historical market size, growth trajectories, and forward-looking projections. It thoroughly examines key market categories and subcategories, emphasizing critical elements like product type, packaging material and distribution channel. By offering this detailed analysis, the report assists in uncovering the untapped potential of the savory snacks market.
Market Segmentation
The following outlines the segmentation of the South Africa savory snacks market:
Product type: corn and tortilla chips, meat snacks, nuts and seeds, popcorn, potato chips, pretzels, puffed snacks, rice snacks, savoury biscuits and crackers, vegetable and pulse chips
Packaging material: flexible packaging, paper and board, rigid plastics, others
Distribution channel: convenience stores, forecourt stores, supermarkets and hypermarkets, discounters, warehouse clubs, grocery stores, general merchant stores, vending, e-commerce, others
The savory snacks market in South Africa is segmented based on product type, packaging material and distribution channel. The market is classified by product type into corn and tortilla chips, meat snacks, nuts and seeds, popcorn, potato chips, pretzels, puffed snacks, rice snacks, savoury biscuits and crackers, and vegetable and pulse chips. Packaging material segments are categorized into flexible packaging, paper and board, rigid plastics, and others. Distribution channel segmentation comprises convenience stores, forecourt stores, supermarkets and hypermarkets, discounters, warehouse clubs, grocery stores, general merchant stores, vending, e-commerce, and others.
Competitive Landscape
The competitive landscape of the industry has been analyzed, featuring profiles of major players such as Truda Foods, Stormberg Farms, Soller Ltd. Inc., Pladis Foods Limited, PepsiCo Inc., Montagu Trading Co., Mondelez International Inc., L & C Messaris Brothers Manufacturing (Pty) Ltd, Kellanova, Joya Brands (Pty) Ltd, Frimax Foods (Pty) Ltd, Conagra Brands Inc., Champ Foods Manufacturing CC and Avi Ltd.
This report delivers an in-depth examination of leading companies in the savory snacks sector, analyzing their performance from 2019 to 2023. The results indicate changes in market share, emphasizing both established leaders and new entrants.
Why Buy This Report?
Obtain precise statistical data and forecasts for the South Africa savory snacks market.
Gain in-depth analysis and forecasts for the key segments of the South Africa savory snacks market: product type, packaging material 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 savory snacks market.
Identify high-potential investment opportunities by targeting growth sectors and emerging trends.
Anticipate the future trajectory of the South Africa savory snacks 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 Savory Snacks Market – Product Type Analysis
South Africa Savory Snacks Market – Packaging Material Analysis
South Africa Savory Snacks Market – Distribution Channel Analysis
Key Players and Market Share
– Truda Foods
– Stormberg Farms
– Soller Ltd. Inc.
– Pladis Foods Limited
– PepsiCo, Inc.
– Montagu Trading Co.
– Mondelez International Inc.
– L & C Messaris Brothers Manufacturing (Pty) Ltd
– Kellanova
…
Macroeconomic Data and Forecast
Disclaimer
FIGURES AND TABLES
Table South Africa Savory Snacks Market 2019-2029
Chart South Africa Savory Snacks Market, Net Growth, 2019-2029
Chart South Africa Savory Snacks Market, Growth Rates, 2019-2029
Table South Africa Savory Snacks Market by Product Type, 2019-2029
Chart South Africa Savory Snacks Market by Product Type, CAGR Historic and Forecast, 2019-2029
Chart South Africa Savory Snacks Market by Product Type, 2019-2029
Table South Africa Savory Snacks Market by Packaging Material, 2019-2029
Chart South Africa Savory Snacks Market by Packaging Material, CAGR Historic and Forecast, 2019-2029
Chart South Africa Savory Snacks Market by Packaging Material, 2019-2029
Table South Africa Savory Snacks Market by Distribution Channel, 2019-2029
Chart South Africa Savory Snacks Market by Distribution Channel, CAGR Historic and Forecast, 2019-2029
Chart South Africa Savory Snacks Market by Distribution Channel, 2019-2029
Table South Africa Savory Snacks Market Share (%), by Companies, 2019-2023
Chart South Africa Savory Snacks Market, by Companies, 2023
Table South Africa Savory Snacks Market Share (%), by Brands, 2019-2023
Chart South Africa Savory Snacks 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 Savory Snacks Market: Spend as a Proportion of GDP (%)
Table South Africa Savory Snacks Market: Consumption per Capita (Population)
Companies Mentioned
Truda Foods
Stormberg Farms
Soller Ltd. Inc.
Pladis Foods Limited
PepsiCo, Inc.
Montagu Trading Co.
Mondelez International Inc.
L & C Messaris Brothers Manufacturing (Pty) Ltd
Kellanova
Joya Brands (Pty) Ltd
Frimax Foods (Pty) Ltd
Conagra Brands, Inc.
Champ Foods Manufacturing CC
Avi Ltd.