South Africa Meat Substitutes Market Size and Trend Analysis by Categories and Segment, Distribution Channel, Packaging Formats, Market Share, Demographics and Forecast, 2021-2026
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South Africa Meat Substitutes Market Overview
The South Africa meat substitutes market size was valued at ZAR176 million ($11.9 million) in 2021 and is expected to achieve a CAGR of more than 9% during 2021-2026. Per capita consumption of meat substitutes in South Africa increased from 2016 to 2021.
The South Africa meat substitutes market research report brings together multiple data sources to provide a comprehensive overview of the South Africa meat substitutes sector. It includes a market overview, high-growth country analysis, top companies, key distribution channels, and case studies.
South Africa Meat Substitutes Market Outlook
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South Africa Meat Substitutes Market Segmentation by Category
The key categories in the South Africa meat substitutes market are grain-based meat substitutes, soy-based meat substitutes, vegetable/plant-based proteins, and single cell protein (fungi/algae). In 2021, the grain-based meat substitutes category accounted for the largest value share.
South Africa Meat Substitutes Market Analysis, by Categories
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South Africa Meat Substitutes Market Segmentation by Distribution Channel
The key distribution channels in the South Africa meat substitutes market are hypermarkets & supermarkets, convenience stores, e-retailers, food & drinks specialists, cash & carries & warehouse clubs, and others. Hypermarket & supermarket was the leading distribution channel in the South Africa meat substitutes market in 2021.
South Africa Meat Substitutes Market Analysis, by Distribution Channels
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South Africa Meat Substitutes Market - Competitive Landscape
The leading companies in the South Africa meat substitute market are Atlantic Natural Foods, Fry Group Foods (Pty) Ltd, Monde Nissin Corporation, Hain Celestial Group, and Beyond meat Inc. Atlantic Natural Foods led the South Africa meat substitutes sector in 2021.
South Africa Meat Substitutes Market Analysis, by Companies
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South Africa Meat Substitutes Market Overview
| Market Size 2021 | ZAR176 Million ($11.9 Million) |
| CAGR (2021-2026) | >9% |
| Key Categories | Grain-Based Meat Substitutes, Soy-Based Meat Substitutes, Vegetable/Plant-Based Proteins, and Single Cell Protein (Fungi/Algae) |
| Key Distribution Channels | Hypermarkets & Supermarkets, Convenience Stores, E-Retailers, Food & Drinks Specialists, Cash & Carries & Warehouse Clubs, and Others |
| Leading Companies | Atlantic Natural Foods, Fry Group Foods (Pty) Ltd, Monde Nissin Corporation, Hain Celestial Group, and Beyond meat Inc |
Scope
This report provides:
- Sector size, market size, and growth analysis by category.
- Indication of changing share of value consumption in various meat substitute categories across South Africa region. It also provides a risk-reward analysis of South Africa based on market assessment, economic development, sociodemographic factors, governance indicators, and technological infrastructure.
- Some of the most compelling meat substitute manufacturers, brands, products, and marketing campaigns in South Africa. It also provides a better understanding of how a certain manufacturer achieved success in the sector and insights.
- An overview of leading companies in South Africa, besides analyzing the growth of private labels in the region.
- Analysis of the leading distribution channels in the South Africa meat substitutes sector in 2021. It covers hypermarkets & supermarkets, e-retailers, department stores, convenience stores, “dollar storesâ€, variety stores & general merchandise retailers, cash & carries & warehouse clubs, and others.
- The challenges and future outlook pertaining to the South Africa meat substitutes sector.
Key Highlights
- Per capita consumption of meat substitutes was lower in South Africa than at both the global and regional levels in 2021
- The per capita consumption of grain-based meat substitutes was higher than other meat substitute categories in the country during 2021
- Hypermarkets & supermarkets is the leading distribution channel in the South African meat substitute sector
- Atlantic Natural Foods, Fry Group Foods (Pty) Ltd, and Monde Nissin Corporation are the top three companies in the South African meat substitutes sector.
Reasons to Buy
- Identify high-potential categories and explore further market opportunities based on detailed value analysis
- Existing and new players can analyze key distribution channels to identify and evaluate trends and opportunities
- Gain an understanding of the total competitive landscape based on detailed company share analysis to plan effective market positioning
- Our team of analysts has placed a significant emphasis on changes expected in the market that will provide a clear picture of the opportunities that can be tapped over the next five years, resulting in revenue expansion
- The packaging analysis report helps manufacturers, in identifying the most commonly used packaging materials in the sector
- Analysis of key macroeconomic indicators such as real GDP, nominal GDP, consumer price index, household consumption expenditure, and population (by age group, gender, rural-urban split, employed people, and unemployment rate). It also includes an economic summary of the country along with the labor market and demographic trends.
Fry Group Foods (Pty) Ltd
and Monde Nissin Corporation
Hain Celestial Group
Beyond Meat Inc
Earth Products
Green Guru
Morinaga Milk Industry Co. Ltd.
Savage River Inc
Marlow Foods Limited
Table of Contents
Table
Figures
Frequently asked questions
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What was the South Africa meat substitutes market size in 2021?
The meat substitutes market size in South Africa was valued at ZAR176 million ($11.9 million) in 2021.
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What is the South Africa meat substitutes market growth rate?Â
The meat substitutes market in South Africa is expected to achieve a CAGR of more than 9% during 2021-2026.
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What are the key categories of the South Africa meat substitutes market?Â
The key categories in the South Africa meat substitutes market are grain-based meat substitutes, soy-based meat substitutes, vegetable/plant-based proteins, and single cell protein (fungi/algae).
-
What are the key distribution channels of the South Africa meat substitutes market?Â
The key distribution channels in the South Africa meat substitutes market are hypermarkets & supermarkets, convenience stores, e-retailers, food & drinks specialists, cash & carries & warehouse clubs, and others.
-
Which are the leading companies in the South Africa meat substitutes market?Â
The leading companies in the South Africa meat substitutes market are Atlantic Natural Foods, Fry Group Foods (Pty) Ltd, Monde Nissin Corporation, Hain Celestial Group, and Beyond meat Inc.
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