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Soup in South Africa

Soup: In-depth Industry Report in South Africa

  • November 2017
  • 34 pages
  • ID: 174405
In this report:
For instance in ready meals, wealthier demographics will continue to be focused on health and wellness, while cheaper shelf stable and frozen ready meals are expected to continue to appeal to middle-income consumers who focus on affordability.
Soup is expected to achieve a retail volume CAGR of ##% over the forecast period, slightly lower than the CAGR of the review period.
Consumer foodservice is expected to register a CAGR of ##% at constant 2017 prices over the 2016-2021 period to reach ZAR##.## billion in 2021

Summary

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Demand for convenience is increasing, particularly among middle-to-higher-income clients, who are in the best position to pay more for added convenience. Fast-paced lifestyles mean that these clients in unique are looking for convenient and healthy meal solutions. Chilled soup continued to gain traction in South Africa (ZA), as an increasing number of retailers are expanding their ranges and giving the product rised shelf space. Chilled soup carries a relatively high unit price, yet promotional...

Euromonitor International's Soup in South Africa report provides a thorough outline of the market magnitude and design at a national level. It offers the latest retail sales data 2012-2016, permitting you to recognize the sectors generating growth. It highlights top firms and presents a strategic overview of main factors impacting the market, i.e. new product developments as well as distribution and pricing aspects.. Projections to 2021 expose how the segment might evolve.

Product analysis:

Chilled Soup, Dehydrated Soup, Frozen Soup, Instant Soup, Shelf Stable Soup.

Data analysis:

market values (historic and estimations), number of company shares and market shares.

Few good reasons for buying this report

Get an in-depth picture of the Soup market;

Point out growth segments and apprehend elements driving change;

Comprehend the competitive environment, the segment's main actors and major brands;

Use 5-year projections to apprehend how the segment is forecasted to change.

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