South Africa Savory Snacks Market Size

Statistics for the 2023 & 2024 South Africa Savory Snacks market size, created by Mordor Intelligence™ Industry Reports. South Africa Savory Snacks size report includes a market forecast to 2029 and historical overview. Get a sample of this industry size analysis as a free report PDF download.

Market Size of South Africa Savory Snacks Industry

South Africa Savory Snacks Market Summary
Study Period 2019 - 2029
Base Year For Estimation 2023
Market Size (2024) USD 1.78 Billion
Market Size (2029) USD 2.58 Billion
CAGR (2024 - 2029) 7.74 %
Market Concentration High

Major Players

South Africa Savory Snacks Market Major Players

*Disclaimer: Major Players sorted in no particular order

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South Africa Savoury Snacks Market Analysis

The South Africa Savory Snacks Market size is estimated at USD 1.78 billion in 2024, and is expected to reach USD 2.58 billion by 2029, growing at a CAGR of 7.74% during the forecast period (2024-2029).

The inclination toward Western food habits and the busy lifestyles of working professionals and students have propelled consumers to shift from elaborate luncheons to packaged and ready-to-consume meals. This represents one of the major factors driving the demand for savory snacking options in South Africa. In addition, increased awareness of health and wellness has influenced consumers to seek snacks that offer nutritional benefits, such as protein-rich meat snacks, whole grain chips, and natural ingredients in trail mixes. Therefore, players are introducing healthier alternatives to capitalize on consumers' demands. For example, Harvestime in South Africa offers straight-cut chips that are low in sodium, contain less fat, and are cholesterol-free, helping maintain blood pressure, per the company’s claim. Companies are also teaming up with chefs to offer exceptional taste and quality. For instance, in October 2023, Simba collaborated with Chef Benny to create their new Steakhouse Beef flavored chips. Per the company’s claims, this significant collaboration reflects Simba's commitment to creating authentic flavors that resonate with South African culture.

South African Savoury Snacks Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)