South Africa Processed Meat Market Size

South African Processed Meat Market Analysis

The South Africa Processed Meat Market size is estimated at USD 629.69 million in 2024, and is expected to reach USD 878.23 million by 2029, growing at a CAGR of 6.88% during the forecast period (2024-2029).

There has been an increase in the consumption of packaged food products in South Africa, which is fueling the market for processed meat. A rising number of millennials in the country are consuming ready-to-cook and ready-to-eat foods, which is increasing the demand for processed meat in the country. Furthermore, demand for quality meat products and a spike in consumer spending on meat products, particularly among the middle class, may drive the processed meat market. Most demand for processed meat will likely come from hotels, restaurants, and food service segments. But people are still likely to eat a lot of fresh meat, even though they will eat more poultry meat and products.

The increase in disposable income drives the growth of the South African processed meat market. Furthermore, consumers' increasingly fast-paced lifestyles and less time spent cooking are driving market demand for processed meat products. However, the rising cost of raw materials used in feed is a significant restraint on the market. Religious practices make people even less likely to eat pork and beef, while marketing campaigns by big companies are helping to grow the market. South Africa is the largest regional exporter of processed meat.