BMi Research 2013 Annual Quantification Report: Bars in South Africa
Aug 20th, 09:09
These might contain wafer layers with fondant cream or praline, cereal, biscuit, fruit and/or nuts, caramel, butterscotch, cracknel, nougat, peanut butter and/or any combination of any of the above
Bars aimed at the fitness, weight conscious and medical sectors of the market. This will include seed bars, sugar free and diet bars containing muesli as main ingredient. These can be dipped or covered in chocolate or other sweet segments.
Sports Enhancement Bars
Energy enhancing bars concentrate specifically on sports, endurance and fitness enthusiasts.
Unlike the chocolate market, the bars market in South Africa saw good growth during 2012. The well-established count lines market saw the least growth of the three sub-categories, only gaining in volume terms, whilst sports enhancement bars received a good push from producers. Whilst this is good growth, it is less than that seen in 2011 and the growth rate for sports enhancement bars is expected to slow down over the coming years.
The channelling for the three categories remained largely unaffected during 2012, as producers and distributors continued to keep hold of their established markets. The general retail sector of health bars saw a push of volume during the base year, whilst general retail and wholesale chains in sports enhancement bars saw a significant push in volumes.
Count line regions saw little movement, as the market itself stayed steady and unmoving. The more affluent metropolitan regions such as Gauteng, KwaZulu-Natal and Western Cape saw focus on health bars, as their share of category volumes increased during 2012. All provinces saw substantial growth for the sports enhancement bars sector.Click here for more information on BMI Research
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Rice volumes in South Africa increased by a large growth in 2012. This abnormally large growth is attributed to the price increases for maize meal experienced during 2012. The demand for rice increased substantially as consumers switched their staple food from maize meal to rice.
The pasta market within South Africa declined in 2012. Dry pasta which comprises the majority of the pasta market lost share in 2012. However, the pasta meal kit market saw volumes increase.
The coffee market saw domination this year by a few top players, who pushed the volumes in the industry up. These players have products in all four of the market’s sub-sectors so their influence was felt all-round.
Edcon continues online push. Red Square sets up ecommerce offering
29/05/2013 - 08:34
Retail group Edcon has launched its Red Square brand online, the latest of its stores to head into the realm of e-commerce.
Lindt loses Easter bunny trademark case
02/04/2013 - 07:15
Zurich - Swiss premium chocolate maker Lindt & Spruengli has lost a court battle to protect its gold foil-wrapped Easter bunnies from imitation by a German rival.
Chocoholics drive Lindt profits
18/03/2013 - 08:26
Zurich - Swiss luxury chocolate maker Lindt & Spruengli said it was confident people would keep buying its sweet treats this year despite weak consumer sentiment in its key market, Europe.
Verimark expecting a loss
06/08/2012 - 08:52
Retailer Verimark Holdings (VMK) cautioned on Friday that it is anticipating said on a loss before taxation of between R4.5 million and R5.5 million for the six months ended 31 August 2012 compared to the profit before taxation of R13.1 million reported on in the previous corresponding period.
Chocolate maker looks to expand
20/07/2012 - 08:49
To meet the anticipated increase in demand for its confectionery in SA, the Ferrero Group plans to increase production and employ more people, the company said yesterday.