DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/b67pp6/market_focus) has announced the addition of Canadean Ltd's new report "Market Focus: Trends and Developments in the Confectionery sector in South Africa" to their offering.
This report brings together consumer insight and market data to provide a comprehensive brief of the South African Confectionery sector. This allows for the rapid identification of key growth opportunities across major Confectionery categories and their packaging.
- The South African Confectionery market is forecast to grow at a lower CAGR of 2.4% during 2013-2018 than 3.8% during 2008-2013. The market is led by Sugar Confectionery through 2008-2018.
- Value for Money and Fun & Enjoyment are top influencers in the South African Confectionery market followed by Indulgence and Personal Space & Time.
- Hypermarkets & Supermarkets followed by Convenience Stores are the leading Confectionery distributors in South Africa.
- Flexible Film packs were the most used packaging type in the South African Confectionery market in 2013.
Premium quality Confectionery will gain popularity in the 2013-2018
period and companies will use innovative campaigns to better promote
their products through different media.
Growing disposable income among the middle class and urbanization will support growth in the South African Confectionery market. The majority of South African consumers prefer value for money products while premium Confectionery is gaining popularity especially among the higher income groups. The confectionery sector growth is led by Sugar Confectionery which accounts for maximum share followed by Chocolate.
Key Topics Covered:
Leading Players with Market Share
Data Appendix and Summary Methodology
- Mondelez International
- Nestle S.A.
- Ferrero S.p.A.
- Candy Tops
- Tiger Brands
For more information visit http://www.researchandmarkets.com/research/b67pp6/market_focus