South Africa Canned Food Market Grow with a CAGR of 5.23% through 2030F
The South Africa Canned Food
market is expected to grow in the upcoming years owing to the increasing
urbanization, busy lifestyles, and rising demand for ready-to-eat meals.
According to
TechSci Research report, “South Africa Canned Food Market – By Region,
Competition, Forecast & Opportunities, 2030F”, the South Africa Canned Food market stood at USD 120.10 million
in 2024 and is anticipated to grow USD 198.72 million by 2030 with a CAGR 5.23%
during forecast period owing to the increasing demand for convenience, especially in
urban areas with busy lifestyles. Canned foods offer a quick, easy, and
affordable solution for consumers seeking ready-to-eat meals or pantry staples
with long shelf lives. Rising urbanization and dual-income households further
boost this demand, as more consumers look for time-saving meal options. Also,
the growing focus on health-conscious choices has led to innovations in
healthier canned food options, such as low-sodium, organic, and plant-based
products. Affordable pricing and widespread availability in supermarkets and
hypermarkets also contribute to the market's growth.
The South Africa Canned Foods market is driven by several factors, including the growing demand for convenient and time-saving meal options. As urban populations continue to rise, particularly in areas like Gauteng, busy lifestyles make canned foods an appealing solution for consumers who need quick, easy-to-prepare meals. Also, the affordability of canned goods in comparison to fresh and frozen alternatives makes them an attractive option for budget-conscious consumers, especially in economically challenging times. The increasing focus on food safety and longer shelf life also drives consumer preference for canned food, as it provides reliable storage. Also, with the rise of small, convenience-oriented retail outlets, canned foods are easily accessible to a broader population, contributing to the overall market growth.
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"South Africa Canned Food Market”
The South Africa
Canned Food market is segmented into product type, nature, end user, distribution
channel, and region.
Based on the distribution
channel, the online segment is the fastest growing in the South Africa Canned
Food market, driven by the increasing adoption of e-commerce and changing
shopping behaviors. As consumers seek convenience, online platforms provide a
hassle-free way to purchase canned food products, often with the added benefit
of home delivery. This trend has been accelerated by the growth of digital
payment systems and improved logistics. Also, online platforms offer a wider variety
of canned food options, allowing consumers to easily compare prices, read
reviews, and access special deals. The convenience and accessibility of online
shopping have made it a preferred channel for many consumers in South Africa.
Based on the
region, Eastern Cape is the fastest-growing region in the South Africa Canned
Food market, driven by factors such as increasing urbanization and a growing
middle-class population. As more people move to cities in search of employment
opportunities, there is a rising demand for convenient, affordable, and
long-lasting food products like canned goods. The region's expanding retail
infrastructure, including supermarkets and online stores, has improved access
to a wide variety of canned food items.
Major companies
operating in the South Africa Canned Food market are:
- Kraft
Foods South Africa
- The
Campbell's Company
- Del
Monte Foods, Inc
- Hormel
Foods Corporation
- Thai
Union Group Public Company Limited
- Dole
South Africa
- Bonduelle
SA
- Bumble
Bee Foods, LLC
- Urban
Platter
- Werling
& Sons, Inc
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“The South
Africa Canned Food market is expected to grow in the future owing to
the growing demand for
convenience, particularly as urbanization accelerates across the country. As
more consumers lead busy, time-constrained lifestyles, canned food offers a
practical solution with easy preparation and longer shelf life. The increasing
preference for affordable and accessible meal options also contributes to the
market’s growth, especially amid economic challenges. Also, the rise of online
shopping and the expansion of digital platforms have made canned food more
readily available, enhancing consumer convenience. As supermarkets and smaller
retail outlets expand their presence, the availability of canned goods in more
areas is boosting demand, said Mr. Karan Chechi, Research Director of TechSci
Research, a research-based management consulting firm.
"South Africa Canned Food
Market By Product Type (Canned Meat, Canned Fish/Seafood, Canned
Fruits & Vegetables, Others), By Nature (Organic, Regular), By End User
(Residential, Commercial), By Distribution Channel (Supermarket &
Hypermarket, Convenience Stores, Online, Others), By Region, Competition, Forecast & Opportunities, 2020-2030F”, has evaluated the future growth potential of South
Africa Canned Food market and provides statistics & information on market
size, structure and future market growth. The report intends to provide
cutting-edge market intelligence and help decision makers take sound investment
decisions. Besides, the report also identifies and analyzes the emerging trends
along with essential drivers, challenges, and opportunities in the South Africa
Canned Food market.
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