BMi Research 2013 Annual Quantification Reports Media Feedback Report – Flavoured Alcoholic Beverages
Aug 20th, 09:06
Flavoured Alcoholic Beverages (FABS)
The flavoured alcoholic beverage (FAB) market consists of traditional alcoholic fruit beverages, like ciders and wine-based fruit ales, as well as spirit coolers or premixed products.
Flavoured Alcohol Beverages market has increased from 2011 – 2012 in volume. Players in the market feel that the market predominantly has impulse buyers that are not afraid of trying new products that they find novelty appealing. It is believed that the market will experience growth next year.
Category value growth was driven jointly by the price per litre increase as well as by the volume growth. The prices increased due to natural inflationary pressures and a rise in excise levies across all alcohol products.
In terms of packaging demand, the 330ml/340ml sizes experienced growth. With competition in this industry, players in the market feel that packaging provides a competitive edge by adding value to the consumer.
Western Cape increased its volume share this year in distribution whilst Eastern Cape, Free State/Northern Cape and KwaZulu-Natal regions experienced a decrease in share and the Gauteng region remained static.
Flavoured Alcohol Beverages industry is encountering new opportunities and challenges. Growth is being driven by demand for organic products and drinks with low alcohol content in this industry. There are consumers changing preferences, featuring a shift toward health-oriented wellness drinks.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.
PPI slows down
17/12/2013 - 07:51
Johannesburg - The year-on-year producer price index (PPI) slowed to 5.8% last month, compared to 6.3% in October, Statistics SA (Stats SA) has said.
Coca-Cola invests Sh1.2 billion in plastic plant, Kenya
18/07/2013 - 10:26
Coca-Cola through Nairobi Bottlers has invested Sh1.2 billion in a new manufacturing plant that produces materials for production of plastic bottles.
Carbon footprints for five beverage categories released by BIER
24/05/2013 - 15:37
n an effort to accelerate understanding of beverage sector impacts on climate change and identify reduction priorities for greenhouse gas emissions, the Beverage Industry Environmental Roundtable (BIER) has published its research on carbon footprints for five beverage categories, including beer, bottled water, carbonated soft drink, spirits and wine.
October Retail trade sales slowed sharply to 1%
14/12/2012 - 09:16
Growth in South Africa's retail sales slowed to 1% year-on-year in October compared with a revised 4.7 percent expansion in September, Statistics South Africa said on Tuesday.
SADC food security ‘is most at risk’
24/07/2012 - 08:11
Some global agricultural players have identified the Southern African Development Community (SADC) as the most food insecure region, due to the brisk escalation of global staple food prices, which could lead to major food shortages.