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Just Released: "Market Focus: Trends and Developments in the Savory Snacks Sector in South Africa"

New Food research report from Canadean is now available from Fast Market Research

 
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Boston, MA -- (SBWIRE) -- 06/20/2014 -- Summary
This report brings together consumer insight and market data to provide a comprehensive brief of the South African Savory Snacks sector. This allows for the rapid identification of key growth opportunities across major Savory Snacks categories and their packaging.

Key Findings

- High number of young consumers, rapid urbanization and increasing disposable income provide scope for the growth in the Savory Snacks sector.
- Fun and Enjoyment and Indulgence are the two most influential trends in the Savory Snacks market.
- Hypermarkets and Supermarkets are the most frequented retail outlets for the purchase of Savory Snacks in South Africa.
- Introduction of new flavors and product innovation facilitates continued growth of Potato Chips.
- Processed Snacks and Nuts and Seeds to witness increased market share during 2008-2018.
- Scope exists for the introduction of Savory Snacks that promote good health and products that suit the changing consumer lifestyle.

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The increasing disposable income of South African consumers, growing rate of urbanization, and a large young population base has led to greater consumption of Savory Snacks. The market is led by Potato Chips and Processed Snacks, which are high value categories and the growth is expected to be highest in the Processed Snacks category.

Reasons to Get This Report

Companies Mentioned in this Report: Simba Group Limited, Pioneer Foods, L&C Messaris Brothers, Tiger Brands, PA SteynFoods, cc., PepsiCo, Inc., Avi limited, Shoprite Holdings Ltd, Pick n Pay Stores Limited, Woolworths Holdings Limited

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