Thirsty Thoughts - Bottled Water
May 17th 2011, 06:46
From 1998 through to 2007, the bottled water market averaged a volume growth rate of 27.0% per annum. This was a function of the category being fairly new and becoming established within the South African market. The growth in popularity of bottled water was exceptional.
However, following this boom, category growth plummeted. From an exceptional growth of 30.4% in 2007, the volume increase recorded for 2008 was a limited 4.9%. The years to follow were much the same, with increases of 3.3% and 4.2% recorded for 2009 and 2010 respectively.
It is believed that the tapering off of the growth rate was a function of a few collective issues. Firstly, the recession translated into a decline in demand for bottled water as it is generally viewed as a non-essential item. Secondly, a few players who had entered the market were forced to close as the market became more competitive. The low barriers to entry to this market resulted in a plethora of suppliers who could not all maintain their turnover targets. Thirdly, with the growth in variant offerings to the market coupled with the saturation level, the user-pool stagnated. Lastly, it is believed that the extreme growth rates could not be maintained once the category became established and, with bottled water volumes reaching market saturation, volume growth naturally leveled off.
Click here for more information on BMI
Overall the canned protein market in South Africa grew in 2012. This growth was largely driven by canned fish which constitutes the bulk of the canned protein market. Canned fish volumes increased in 2012. The smaller, canned meat market, showed a lower volume growth in 2012.
With the cost of living constantly rising, consumers are demanding greater value from retailers when it comes to making purchasing decisions. Increasingly, that means ‘spying before buying’, with tech savvy consumers scouting around online to compare products, prices and promotions at different retailers before deciding where to spend their money.
Boiled sweets are produced from a mixture of sugar, glucose and/or invert sugar and fruit acids with various flavourings, colourings and centre fillings added as required. Eclairs
Energy drinks contain a high level of caffeine and give a short-term adrenaline rush. They constitute performance enhancing products.
Private equity firm buys into Ethiopian drink maker
16/07/2013 - 08:32
Kenya-based private equity firm Catalyst said it had acquired a 50 per cent stake in Ethiopian food and drink maker Yes Brands to tap into the Horn of Africa nation's large population and fast economic growth.
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.
New CEO for Pick n Pay
03/10/2012 - 10:18
Johannesburg - Pick n Pay Stores [JSE:PIK] announced on Wednesday that after an extensive international search, it has appointed Richard Brasher, the former Tesco board member, as Pick n CEO effective from February 2013.
One of SA’s most popular national retail centre
28/09/2012 - 14:57
Norwood Mall’s new tenant mix, including anchor tenants Pick n Pay, Woolworths, Dis-Chem and, latest addition, Food Lover’s Market, has created one of the most commanding retail attractions for a centre of its size.
Sales of 'smart devices' soar globally
27/09/2012 - 09:20
Washington - Global sales of so-called smart connected devices - computers, smartphones and tablets - rose sharply in the past quarter, driven by smartphones and tablets, a survey showed Wednesday.