Savory Snacks in South Africa
SummarySavory Snacks in South Africa industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value and volume 2019-24, and forecast to 2029). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Key Highlights
- Savory snacks market includes retail sales of processed snacks, potato chips, nuts & seeds, meat snacks, popcorn, and others. The scope of others includes seafood snacks and pretzels. The market is valued according to retail selling price (RSP) and includes any applicable taxes.
- The South African savory snacks market recorded revenues of $1,403.9 million in 2024, representing a compound annual growth rate (CAGR) of 2.8% between 2019–24.
- Market consumption volume increased with a CAGR of 1.0% between 2019–24, reaching a total of 156.6 million kilograms in 2024.
- The South African savory snacks market registered moderate growth during 2019–24 is primarily due to economic volatility, high inflation, and constrained consumer spending, which limited discretionary purchases of packaged snacks despite steady demand.
Scope
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the savory snacks market in South Africa
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the savory snacks market in South Africa
- Leading company profiles reveal details of key savory snacks market players’ global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the South Africa savory snacks market with five year forecasts by both value and volume
Reasons To Buy
- What was the size of the South Africa savory snacks market by value in 2024?
- What will be the size of the South Africa savory snacks market in 2029?
- What factors are affecting the strength of competition in the South Africa savory snacks market?
- How has the market performed over the last five years?
- Who are the top competitors in South Africa's savory snacks market?
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