1. Market Research
  2. > Food Services Market Trends
South Africa Fast Food Market by Product Type, Age Group, and Distribution Channel : Opportunity Analysis and Industry Forecast, 2019-2026

South Africa Fast Food Market by Product Type, Age Group, and Distribution Channel : Opportunity Analysis and Industry Forecast, 2019-2026

  • September 2019
  • 107 pages
  • ID: 5824862
  • Format: PDF
  • By Allied Market Research

Summary

Table of Contents

South Africa Fast Food Market by Product Type (Processed Chicken, Burger, Processed Fish, Pizza, Sandwich, and Others), Age Group (Below 18 Years, 20—35 Years old and Above 35 Years), and Distribution Channel (On-trade and Online Channel): Opportunity Analysis and Industry Forecast, 2019-2026

The global South Africa Fast Food market was valued at $2.7 billion in 2018 and is projected to reach $4.9 billion by 2026, growing at a CAGR of 7.9% from 2019 to 2026. Rise in rate of urbanization coupled with surge in demand for various types of convenience food products has been driving the value sales growth for the South Africa fast food market.
South African consumers have been increasingly living a busy lifestyle. This has created a huge demand for food products such as take-away food items and readily available fast food products. Furthermore, surge in demand for convenience food products has eventually resulted in increase in number of quick-service and fast food restaurant establishments across the country. Over the past decade, number of foodservice outlets skyrocketed in South Africa. From roughly 76,000 outlets in 2006, the number of outlets increased to 123,000 by 2016. A significant number of these outlets (70%) are in the informal sector (mainly street vendors), with the remaining 30% split equally between cafes/bars, full-service restaurants, and fast food outlets. Hence, surge in demand for convenience food products is a major factor driving the South Africa fast food market in terms of value sales.
Fast food products are usually known for their taste, unique product offerings, and easy availability, which attract the target customers. However, regular consumption of these products has negative effects on the health of the consumers. For instance, most fast food items, including drinks and sides, are rich in carbohydrates with very less fiber content. Therefore, consumption of high amount of carbs can result in rise in blood sugar level. Thus, increasing the risk for insulin resistance, type 2 diabetes as well as weight gain. These factors are expected to restrain the growth of the South Africa market.
According to Statistic South Africa, millennials account for nearly 52% of the total South African population. Rise in per capita income provides high purchasing power. They have been influential in evolving various industries in terms of product offerings and services. When it comes to the global fast food industry, millennials have been their prime customers. The fast food operators have been continuously strategizing on evolving their product offerings that cater to varying perception and preference of the millennial segment. Thus, rise in number of millennial population in the country is anticipated to provide lucrative opportunity for the growth of the South Africa fast food market.
Some of the key companies profiled in the report include Yum Brands Inc., Famous Brands Inc., McDonald’s Corporation, Nando’s Group Holding Ltd., Taste Holding Ltd., Traditional Brands, King Pie Holdings, Burger King, Hungry Lion, Spur Steak Ranches, and others.

KEY BENEFITS FOR STAKEHOLDERS
•The report provides an extensive analysis of the current and emerging market trends and opportunities in the global South Africa Fast Food market.
•The report provides detailed qualitative and quantitative analysis of current trends and future estimations that help evaluate the prevailing market opportunities.
•A comprehensive analysis of the factors that drive and restrict the growth of the market is provided.
•An extensive analysis of the market is conducted by following key product positioning and monitoring the top competitors within the market framework.
•The report provides extensive qualitative insights on the potential segments or regions exhibiting favorable growth.

KEY MARKET SEGMENTS

By Product Type
•Processed Chicken
•Burgers
•Processed Fish
•Pizza
•Sandwich
•Others

By Age Group
•Below 18 years old
•20 – 35 years old
•Above 25 years old

By Distribution Channel
•On-Trade
•Online Channel

Get Industry Insights. Simply.

  • Latest reports & slideshows with insights from top research analysts
  • 150+ Million searchable statistics with tables, figures & datasets
  • More than 25,000 trusted sources
15% Off

($1845)

  • Single User License — provides access to the report by one individual.
  • Department License — allows you to share the report with up to 5 users
  • Site License — allows the report to be shared amongst all employees in a defined country
  • Corporate License — allows for complete access, globally.
Ahmad helps you find the right report:
Testimonials

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

We were impressed with the support that ReportLinker’s research specialists’ team provided. The report we purchased was useful and provided exactly what we want.

Category Manager at
Ikea

ReportLinker gave access to reliable and useful data while avoiding dispersing resources and spending too much time on unnecessary research.

Executive Director at
PwC Advisory

The customer service was fast, responsive, and 100% professional in all my dealings (...) If we have more research needs, I'll certainly prioritize working with ReportLinker!

Scott Griffith

Vice President Marketing at
Maurice Sporting Goods

The research specialist provided prompt, helpful instructions for accessing ReportLinker's product. He also followed up to make sure everything went smoothly and to ensure an easy transition to the next stage of my research

Jessica P Huffman

Research Associate at
American Transportation Research Institute

Excellent customer service. Very responsive and fast.

Director, Corporate Strategy at
Ingredion

I reached out to ReportLinker for a detailed market study on the Air Treatment industry. The quality of the report, the research specialist’s willingness to solve my queries exceeded my expectations. I would definitely recommend ReportLinker for in-depth industry information.

Mariana Mendoza

Global Platform Senior Manager at
Whirlpool Corporation

Thanks! I like what you've provided and will certainly come back if I need to do further research works.

Bee Hin Png

CEO at
LDR Pte Ltd

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

FAQ
  • How we can help
    • I am not sure if the report I am interested in will fulfill my needs. Can you help me?
    • Yes, of course. You can call us at +33(0) 4 37 65 17 03 or drop us an email at researchadvisor@reportlinker.com to let us know more about your requirements.
    • We buy reports often - can ReportLinker get me any benefits?
    • Yes. Set up a call with a Senior Research Advisor to learn more - researchadvisor@reportlinker.com or +33(0) 4 37 65 17 03.
    • I have had negative experiences with market research reports before. How can you avoid this from happening again?
    • We advise all clients to read the TOC and Summary and list your questions so that we can get more insight for you before you make any purchase decision. A research advisor will accompany you so that you can compare samples and reports from different sources, and choose the study that is right for you.

  • Report Delivery
    • How and when I will receive my Report?
    • Most reports are delivered right away in a pdf format, while others are accessed via a secure link and access codes. Do note that sometimes reports are sent within a 12 hour period, depending on the time zones. However, you can contact us to escalate this. Should you need a hard copy, you can check if this option is offered for the particular report, and pay the related fees.
  • Payment conditions
    • What payment methods do you accept?
      1. Credit card : VISA, American Express, Mastercard, or
      2. You can download an invoice to pay by wire transfer, check, or via a Purchase Order from your company, or
      3. You can pay via a Check made out in US Dollars, Euros, or British Pounds for the full amount made payable to ReportLinker
    • What are ReportLinker’s Payment Terms?
    • All payments must normally be submitted within 30 days. However, you can let us know if you need extended time.
    • Are Taxes and duties included?
    • All companies based in France must pay a 20% tax per report. The same applies to all individuals based in the EU. All EU companies must supply their VAT number when purchasing to avoid this charge.
    • I’m not satisfied. Can I be refunded?
    • No. Once your order has been processed and the publisher has received a notification to send you the report, we cannot issue any refund or cancel any order. As these are not ‘traditional’ products that can be returned, reports that are dispatched are considered to be ‘consumed’.
  • User license
    • The license that you should acquire depends on the number of persons that need to access the report. This can range from Single User (only one person will have the right to read or access the report), or Department License (up to 5 persons), to Site License (a group of persons based in the same company location), or Corporate License (the entire company personnel based worldwide). However, as publishers have different terms and conditions, we can look into this for you.
Purchase Reports From Reputable Market Research Publishers
Canada - The Future of Foodservice to 2023

Canada - The Future of Foodservice to 2023

  • $ 4995
  • December 2019

Canada - The Future of Foodservice to 2023Summary"Canada - The Future of Foodservice to 2023” published provides extensive insight and analysis of the Canadan Foodservice market over the next five years ...

Germany - The Future of Foodservice to 2023

Germany - The Future of Foodservice to 2023

  • $ 4995
  • December 2019

Germany - The Future of Foodservice to 2023Summary"Germany - The Future of Foodservice to 2023” published provides extensive insight and analysis of the German Foodservice market over the next five years ...

France - The Future of Foodservice to 2023

France - The Future of Foodservice to 2023

  • $ 4995
  • December 2019

France - The Future of Foodservice to 2023Summary"France - The Future of Foodservice to 2023", provides extensive insight and analysis of France’s Foodservice market over 2018-2023 and acts as a vital ...


ref:plp2019

Reportlinker.com © Copyright 2020. All rights reserved.

ReportLinker simplifies how Analysts and Decision Makers get industry data for their business.

Make sure you don’t miss any news and follow us on