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Learn moreSep 2020
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The COVID-19 pandemic is likely to slow demand for chocolate confectionery in 2020 as consumers reduce spending and consumption thereof. The pandemic’s resultant lockdown and economic fallout are changing consumers’ spending habits as they become more price sensitive and reluctant to spend on non-essential products leading to fewer impulse buys and decreased purchase of premium chocolates.
Even before the pandemic South Africa was already in a recession and many South Africans have changed their purchasing behaviour by looking for discounts and specials. To make ends meet, many consumers buy in bulk while others switch to cheaper supermarkets or downtrade to economy brands.
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Overview
Discover the latest market trends and uncover sources of future market growth for the Chocolate confectionery industry in South Africa with research from Euromonitor's team of in-country analysts.
Find hidden opportunities in the most current research data available, understand competitive threats with our detailed market analysis, and plan your corporate strategy with our expert qualitative analysis and growth projections.
If you're in the Chocolate confectionery industry in South Africa, our research will save you time and money while empowering you to make informed, profitable decisions.
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Why buy this report?
This industry report originates from Passport, our Packaged Food market research database.
Gain competitive intelligence about market leaders. Track key industry trends, opportunities and threats. Inform your marketing, brand, strategy and market development, sales and supply functions.