South Africa Ice Cream Market 2024

Description

Projections for the South Africa ice cream market suggest a promising growth trajectory, with an anticipated rise of USD 251.0 million and a compound annual growth rate (CAGR) nearing 7.4% over the next five years. South Africa’s ice cream market is benefiting from a combination of rising disposable incomes and a warm climate that supports steady demand. Traditional flavors are popular, but there is increasing interest in premium and healthier options, including low-sugar varieties. The development of modern retail formats, such as supermarkets, is enhancing the distribution of ice cream products.

This report presents a detailed overview of the South Africa ice cream industry, including key data on historical market size, growth rates, and future trends. It offers an in-depth analysis of different market segments, paying close attention to factors like type, product type, ingredient and distribution channel. This detailed analysis supports the identification of growth opportunities within the ice cream industry.

Market Segmentation

The South Africa ice cream market is structured as follows:
Type: dairy ice cream, water ice cream, others
Product type: frozen yoghurt, impulse ice creams, take-home ice creams
Ingredient: fats and oils, milk, sweeteners, others
Distribution channel: convenience stores, forecourt, supermarkets and hypermarkets, warehouse clubs, grocery stores, foodservice channels, others

The ice cream market in the South Africa is segmented by type, product type, ingredient and distribution channel. By type, the market is categorized into dairy ice cream, water ice cream, and others. Product type segments are divided into frozen yoghurt, impulse ice creams, and take-home ice creams. Ingredient segments consist of fats and oils, milk, sweeteners, and others. Distribution channel segmentation includes convenience stores, forecourt, supermarkets and hypermarkets, warehouse clubs, grocery stores, foodservice channels, and others.

Competitive Landscape

The ice cream market is characterized by dominance from key players such as Unilever PLC, Nestle S.A., Marcel’s Gourmet Frozen Yoghurt (Pty) Ltd. and Lactalis South Africa (Pty) Ltd. The report provides a detailed assessment of prominent companies within the ice cream market, tracking their performance from 2019 to 2023. Insights reveal fluctuations in market share, highlighting both veteran leaders and emerging players.

Why Buy This Report?

Obtain precise statistical data and forecasts for the South Africa ice cream market.
Gain in-depth analysis and forecasts for the key segments of the South Africa ice cream market: type, product type, ingredient and distribution channel.
Develop region-specific strategies and set strategic priorities based on localized data analysis.
Gain deep insights into the dynamics of the South Africa ice cream market.
Identify high-potential investment opportunities by targeting growth sectors and emerging trends.
Anticipate the future trajectory of the South Africa ice cream market with informed projections.
Assess the competitive landscape to determine the ideal timing for capitalizing on market opportunities.
A single unlimited user license within the same organization, with no additional charges for extra users.

Table of Contents

TABLE OF CONTENTS
Key Findings
Report Scope
Research Methodology
Market Overview
South Africa Ice Cream Market – Type Analysis
South Africa Ice Cream Market – Product Type Analysis
South Africa Ice Cream Market – Ingredient Analysis
South Africa Ice Cream Market – Distribution Channel Analysis
Key Players and Market Share
– Unilever PLC
– Nestle S.A.
– Marcel’s Gourmet Frozen Yoghurt (Pty) Ltd.
– Lactalis South Africa (Pty) Ltd.
Macroeconomic Data and Forecast
Disclaimer

FIGURES AND TABLES
Table South Africa Ice Cream Market 2019-2029
Chart South Africa Ice Cream Market, Net Growth, 2019-2029
Chart South Africa Ice Cream Market, Growth Rates, 2019-2029
Table South Africa Ice Cream Market by Type, 2019-2029
Chart South Africa Ice Cream Market by Type, CAGR Historic and Forecast, 2019-2029
Chart South Africa Ice Cream Market by Type, 2019-2029
Table South Africa Ice Cream Market by Product Type, 2019-2029
Chart South Africa Ice Cream Market by Product Type, CAGR Historic and Forecast, 2019-2029
Chart South Africa Ice Cream Market by Product Type, 2019-2029
Table South Africa Ice Cream Market by Ingredient, 2019-2029
Chart South Africa Ice Cream Market by Ingredient, CAGR Historic and Forecast, 2019-2029
Chart South Africa Ice Cream Market by Ingredient, 2019-2029
Table South Africa Ice Cream Market by Distribution Channel, 2019-2029
Chart South Africa Ice Cream Market by Distribution Channel, CAGR Historic and Forecast, 2019-2029
Chart South Africa Ice Cream Market by Distribution Channel, 2019-2029
Table South Africa Ice Cream Market Share (%), by Companies, 2019-2023
Chart South Africa Ice Cream Market, by Companies, 2023
Table South Africa Ice Cream Market Share (%), by Brands, 2019-2023
Chart South Africa Ice Cream Market, by Brands, 2023
Table South Africa – Population (Millions) and Forecast
Table South Africa – Consumer Price Index (CPI) and Forecast
Table South Africa – Gross Domestic Product and Forecast
Table South Africa Ice Cream Market: Spend as a Proportion of GDP (%)
Table South Africa Ice Cream Market: Consumption per Capita (Population)

Companies Mentioned

Unilever PLC
Nestle S.A.
Marcel’s Gourmet Frozen Yoghurt (Pty) Ltd.
Lactalis South Africa (Pty) Ltd.