Baked Foods & Cereals Market in South Africa

South Africa bread consumption recorded an impressive growth of 31.2% during 2012-2017, witnessing the fastest CAGR during the forecast. Changing taste preference owing to the adoption of western lifestyle is the primary factor driving the market. Rising disposable income which enables consumers to purchase wide varieties of bread mainly healthier varieties has fueled the market growth. Increased consumer inclination towards health & wellness continues to drive the sale of nutritional and functional bread. Breakfast cereals observed a steady growth in the country primarily driven by convenient ready to eat breakfast. Sweet biscuits segment recorded higher volume sale in 2017 as compared to cakes, pastries & sweet pie. However, in value terms the pastries market dominates the sales due to increased pricing. Morning goods which hold a small share in the bakery products market are moving at the fastest CAGR of 5.8% during the forecast period. Consumers are purchasing Crackers & Savoury Biscuits at a faster rate as compared to sweet biscuits. Expanding supermarket/hypermarket in South Africa is driving the sale of bakery products with sales recorded a sale of USD 1.7 Billion in 2017. Growing internet users and smartphone users in the country is boosting the online sales of bakery products.

KEY FINDINGS

Our Key Findings On The Baked Foods & Cereals Market in South Africa

Burger Buns which is the fastest growing segment in Breads market is expected to possess tough competition to Ciabatta during forecast period

Super markets and hyper markets remain the largest distribution channel for the Breads sales

Hot cereals accounts for the lowest share in Breakfast cereals market which is expected to move at value CAGR of 4.8% during the forecast period

Cakes, Pastries & Sweet Pies through online retail channel recorded the fastest CAGR during 2010-2017

Crackers & Savoury Biscuits witnessing the fastest volume CAGR during the forecast period

Donut sales id expected to possess tough competition to Pain Au Chocolate sales by 2023

Chocolate coated biscuits are becoming more popular among young population owing to cocoa content

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Coverage of the Baked Foods & Cereals Market in South Africa

South Africa Breads Market

South Africa Baguettes Market

South Africa Burger Buns Market

South Africa Ciabatta Market

South Africa Frozen Breads Market

South Africa Loaves Market

South Africa Other Breads Market

South Africa Rolls Market

South Africa Sandwich Slices Market

South Africa Breakfast Cereals Market

South Africa Hot Cereals Market

South Africa Ready to eat Cereals Market

South Africa Ready to eat Cereals Market

South Africa Ready to eat Cereals Market

South Africa Ready to eat Cereals Market

South Africa Cakes, Pastries & Sweet Pies

South Africa Cakes Market

South Africa Pastries & Sweet Pies Market

South Africa Crackers & Savory Biscuits Market Market

South Africa Bread Substitutes Market Market

South Africa Bread Substitutes Market

South Africa Bread Substitutes Market

South Africa Bread Substitutes Market

South Africa Cheese-flavored Crackers Market

South Africa Other Crackers Market

South Africa Plain Crackers Market

South Africa Morning Goods Market

South Africa Croissants Market

South Africa Crumpets Market

South Africa Donuts Market

South Africa Frozen Morning Goods Market

South Africa Madeleines Market

South Africa Muffins Market

South Africa Other Morning Goods Market

South Africa Pain Au Chocolate Market

South Africa Pain Au Raisin Market

South Africa Pancakes Market

South Africa Scones Market

South Africa Toaster Pastries Market

South Africa Waffles Market

South Africa Sweet Biscuits Market

South Africa Chocolate Coated Biscuits Market

South Africa Cookies Market

South Africa Filled Biscuits Market

South Africa Other Sweet Biscuits Market

South Africa Plain Biscuits Market

South Africa Sandwich Biscuits Market