South Africa Pet Food Market 2024

Description

The pet food market in South Africa is likely to register a CAGR of over 6.8% with an incremental growth of USD 283.7 million during the forecast period 2024-2029. Rising pet guardianship in the country stems from evolving sociocultural perspectives that are more accommodating of companion animal inclusion. As attitudes adjust and individual circumstances allow for responsible care commitments, the number of pet-owning households is expanding. This enlarges the potential customer base for pet foods.

Concurrently, more individuals are viewing pets as valued family members rather than merely animal property. Caretakers wish to provide their charges with nutrition commensurate to human standards and tailored to individual needs. This stokes escalating demand for premium and specialized pet food formulations focused on optimal health and wellness.

Underpinning these dynamics is the nation’s growing financial capacity. As national prosperity and household disposable incomes rise, additional discretionary funds can be allocated to pet expenditures, including premium food options. Where basic needs are met, owners demonstrate greater willingness to spend on nutrition aligning with their empathetic philosophies.

The report offers a comprehensive evaluation of the South Africa pet food market, presenting crucial data on historical market size, growth patterns, and future projections. It provides a thorough breakdown of market segments and sub-segments, with a focus on key variables such as pet type, type, pricing, ingredient, and distribution channel. This comprehensive evaluation aids in identifying the growth potential within the pet food industry.

Market Segmentation

The pet food market in South Africa is classified into the following segments:
Pet type: cat (dry food, wet food, toppers & mixers), dog (dry food, wet food, toppers & mixers), bird, fish, others
Type: therapeutic pet foods, non-therapeutic pet foods
Pricing: economy pet food, premium/super premium pet food
Ingredient: acidity regulators, cereals, coloring agents, fats and oils, flours, humectants, proteins, sweeteners, vitamins and minerals, others
Distribution channel: discounters, supermarkets and hypermarkets, warehouse clubs, grocery stores, pet shops, e-commerce, veterinary clinics, others

The South Africa pet food market is segmented on the basis of pet type, type, pricing, ingredient, and distribution channel. On the basis of pet type, the pet food market in South Africa has been segmented into cat (dry food, wet food, toppers & mixers), dog (dry food, wet food, toppers & mixers), bird, fish, and others. By type, the pet food market in South Africa has been segmented into therapeutic pet foods, and non-therapeutic pet foods. Based on pricing, the pet food market in South Africa is categorized into economy pet food, and premium/super premium pet food. On the basis of ingredient, the pet food market in South Africa has been segmented into acidity regulators, cereals, coloring agents, fats and oils, flours, humectants, proteins, sweeteners, vitamins and minerals, and others. By distribution channel, the pet food market in South Africa has been segmented into discounters, supermarkets and hypermarkets, warehouse clubs, grocery stores, pet shops, e-commerce, veterinary clinics, and others.

Competitive Landscape

The South Africa pet food market is highly competitive. The competitive landscape of the industry has also been examined along with the profiles of the key players RCL Foods Limited, Promeal (PTY) LTD., Pets Choice Limited (Bob Martin), Pets Choice Limited (Bob Martin), Nestle S.A., Montego Pet Nutrition (Pty) Ltd, Mars Incorporated, Marltons Pets & Products (Pty) Ltd, Gourmet Corporation (Pty). Ltd. (Dr Hahnz), Colgate-Palmolive Company, Brennco Feeds (Pty) Ltd, AVI Products Pty Ltd., Afrique Pet Food (Pty) Ltd.

The report presents a detailed analysis of the South Africa pet food market, focusing on the performance of major companies between 2019 and 2023. The data offers valuable insights into market share fluctuations, identifying established leaders and the ascent of new entrants. Such information provides companies with the tools needed to enhance their strategic positioning and remain competitive, even as market conditions evolve.

Why Buy This Report?

Obtain precise statistical data and forecasts for the South Africa pet food market.
Develop region-specific strategies and set strategic priorities based on localized data analysis.
Gain deep insights into the dynamics of the South Africa pet food market.
Identify high-potential investment opportunities by targeting growth sectors and emerging trends.
Anticipate the future trajectory of the South Africa pet food market with informed projections.
Assess the competitive landscape to determine the ideal timing for capitalizing on market opportunities.

Table of Contents

TABLE OF CONTENTS
Key findings
Report scope
Research methodology
Market overviewSouth Africa pet food market – pet type analysis
South Africa pet food market – type analysis
South Africa pet food market – pricing analysis
South Africa pet food market – ingredient analysis
South Africa pet food market – distribution channel analysis
Key players and market share
– RCL Foods Limited
– Promeal (PTY) LTD.
– Pets Choice Limited (Bob Martin)
– Pets Choice Limited (Bob Martin)
– Nestle S.A.
…
Macroeconomic data and forecast
Disclaimer

FIGURES AND TABLES
Table South Africa pet food market 2019-2029
Chart South Africa pet food market, net growth, 2019-2029
Chart South Africa pet food market, growth rates, 2019-2029
Table South Africa pet food market by pet type, 2019-2029
Chart South Africa pet food market by pet type, CAGR historic and forecast, 2019-2029
Chart South Africa pet food market by pet type, 2019-2029
Table South Africa pet food market by type, 2019-2029
Chart South Africa pet food market by type, CAGR historic and forecast, 2019-2029
Chart South Africa pet food market by type, 2019-2029
Table South Africa pet food market by pricing, 2019-2029
Chart South Africa pet food market by pricing, CAGR historic and forecast, 2019-2029
Chart South Africa pet food market by pricing, 2019-2029
Table South Africa pet food market by ingredient, 2019-2029
Chart South Africa pet food market by ingredient, CAGR historic and forecast, 2019-2029
Chart South Africa pet food market by ingredient, 2019-2029
Table South Africa pet food market by distribution channel, 2019-2029
Chart South Africa pet food market by distribution channel, CAGR historic and forecast, 2019-2029
Chart South Africa pet food market by distribution channel, 2019-2029
Table South Africa pet food market share (%), by companies, 2019-2023
Chart South Africa pet food market, by companies, 2023
Table South Africa pet food market share (%), by brands, 2019-2023
Chart South Africa pet food 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 pet food market: spend as a proportion of GDP (%)
Table South Africa pet food market: consumption per capita (population)