Consumers are likely to continue facing financial pressure, given the prevailing economic circumstances. With consumers’ incomes not rising in line with inflation, and prices continuing to rise, affordability is expected to remain important in the forecast period, and a major factor in their purchasing decision.
Retail volume declines are expected to continue across butter and spreads in the forecast period. As the demand for bread declines, manufacturers of butter, and margarine and spreads, are likely to attempt to persuade consumers to utilise their products for various other culinary applications beyond a traditional spread on bread.
Supermarkets is set to remain the dominant distribution channel for butter and spreads in South Africa in 2023, and this is expected to continue in the forecast period. Supermarkets offer the convenience of everything under one roof, in addition to running attractive price promotions, which are both factors supporting the channel’s popularity.
Delivery:
Files are delivered directly into your account soon after payment is received and any tax certification is verified (where applicable).
This report comes in PDF with additional info in Excel included.
Understand the latest market trends and future growth opportunities for the Butter and Spreads industry in South Africa with research from Euromonitor International's team of in-country analysts – experts by industry and geographic specialisation.
Key trends are clearly and succinctly summarised alongside the most current research data available. Understand and assess competitive threats and plan corporate strategy with our qualitative analysis, insight and confident growth projections.
Data and analysis in this report provides further detailed coverage dedicated to a comprehensive range of core packaged food categories.
If you're in the Butter and Spreads industry in South Africa, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty.
Butter and Spreads
This is the aggregation of butter, cooking fats and margarine and spreads.
See All of Our DefinitionsThis report originates from Passport, our Butter and Spreads research and analysis database.
If you purchase a report that is updated in the next 60 days, we will send you the new edition and data extraction Free!