Solid Fats (Oils and Fats) Market in South Africa – Outlook to 2025; Market Size, Growth and Forecast Analytics
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The South Africa solid fats market was valued at ZAR2.32 billion in the year 2020. The market is expected to grow at a CAGR of more than 4% during the forecast period. The market achieved its strongest performance in 2020, and its weakest performance in 2019.
The South Africa solid fats market research report provides up-to-date market size data for period 2015-2020 and illustrative forecast to 2025 premised on COVID-19 hit, covering key market aspects like sales value and volume for solid fats and its variants compound cooking fats (CCF), ghee, lard, other solid fats & shortening.
South Africa solid fats market overview
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What are the key segments in the solid fats market in South Africa?
The key segments in the solid fats market in South Africa are lard, ghee, other solid fats, shortening, and compound cooking fats (CCF). In 2020, lard was the largest segment in South Africa solid fats market. However, other solid fats was the fastest growing segment of solid fats market during the review period.
South Africa solid fats market, by segments
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What are the key distribution channels in the solid fats market in South Africa?
The key distribution channels in the solid fats market in South Africa are hypermarkets & supermarkets, convenience stores, food & drinks specialists, and others. The predominant distribution channel for South Africa solid fats market was hypermarkets & supermarkets.
South Africa solid fats market, by distribution channels
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Market report scope
Market size 2020 | ZAR2.32 billion |
CAGR | >4% |
Forecast period | 2020-2025 |
Key segments | Lard, Shortening, Ghee, Compound Cooking Fats (CCF), and Other Solid Fats |
Key distribution channels | Hypermarkets & Supermarkets, Convenience Stores, Food & Drinks Specialists, and Others |
Scope
- Overall solid fats (oils and fats) market value and volume analytics with growth analysis from 2015 to 2025.
- Distribution channel sales analytics from 2017-2020.
Reasons to Buy
- Get access to authoritative and granular data on the solid fats (oils and fats) market and fill in the gaps in understanding of trends and the components of change behind them.
- Enhance your understanding of the market to update your strategic and tactical plans based on volume and value changes and distribution trends.
- Analyze the components of change in the market by looking at historic and future growth patterns.
- Use the data to understand future patterns of the market trends from winners and losers to category dynamics and thereby quickly and easily identify the key areas in which you want to compete in the future.
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Frequently asked questions
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What was the South Africa solid fats market size in the year 2020?
The solid fats market size in South Africa was valued at ZAR2.32 billion in the year 2020.
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What is the South Africa solid fats market growth rate?
The solid fats market in South Africa is expected to grow at a CAGR of more than 4% during the forecast period.
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What are the key segments in the South Africa solid fats market?
Lard, shortening, ghee, compound cooking fats (CCF), and other solid fats, are the key segments in the South African solid fats market.
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What are the key distribution channels in the South Africa solid fats market?
Convenience stores, hypermarkets & supermarkets, food & drinks specialists, cash & carries & warehouse clubs, and others are the key distribution channels in the South African solid fats market.
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