South Africa-The Future of
Foodservice to 2021, published by GlobalData provides extensive
insight and analysis of South Africa's Foodservice market over the next five
years (2016-2021) and acts as a vital point of reference for operators or
suppliers. The South African Foodservice market is expected to grow at a CAGR of
2.6% from between 2016 and 2021. Local and large international players compete
for the market, with the biggest players in both FSR and QSR being local.
This
is reflective of the continuing difficulty and peculiarities of the market.
Deep social and economic divides between demographics continue to dictate the
vast majority of consumer trends. While the middle and upper classes drive
growth in coffee and tea shops and the large number of casual dining outlets
across the country, the lower classes demand greater value. High inflation is
also having a significant impact, pushing up food prices, increasing an already
difficult supply chain. This is helping to push a return to local flavors and
township food in channels such as QSR, especially among the lower classes.
Understanding these trends are crucial to best capturing these visits. The report includes:-
Overview of
South Africa's macro-economic landscape: Detailed analysis of current
macro-economic factors and their impact on the South African foodservice market
including GDP per capita, consumer price index, population growth and annual
household income distribution.
Growth dynamics: In-depth
data and forecasts of key channels (QSR, FSR, Coffee & Tea Shops, Pubs,
Clubs and Bars) within the South African foodservice market, including the
value of the market, number of transactions, number of outlets and average
transaction price.
Customer segmentation: identify
the most important demographic groups, buying habits and motivations that drive
out-of-home meal occasions among segments of the South African population.
Key players: Overview
of market leaders within the four major channels including business
descriptions and number of outlets.
Case Studies: Learn from
examples of recent successes and failures within the South African foodservice
market.
Consumers are reporting
caution concerning their futures, helping to drive growth in the already
successful QSR channel. The arrival of fast-casual formats and brands is
helping to drive this, creating a higher end destination for the young
population. Social and economic divides continue to play an important role in
the foodservice market, with distinct consumer trends apparant between them. The
success of loyalty schemes, promotions and offers will continue to drive growth
in chains across all channels in the growing economy. However, inflation will
put continued pressure on the lower classes, while also encourage the use of
local ingredients. Specific forecasts of the South African foodservice market
over the next five years (2016-2021) will give readers the ability to make
informed business decisions through identifying emerging/declining markets. Consumer
segmentation detailing the desires of known consumers among all major
foodservice channels (QSR, FSR, Coffee & Tea shops, Pubs, Clubs and Bars)
will allow readers understand the wants and needs of their target demographics.
Relevant case studies will allow readers to learn from and apply lessons
discovered by emerging and major players within the South African foodservice
market.
Key Topics
Covered in the Report:-
Future Of South
Africa Food Service
South Africa
Foodservice Market Research Report
South Africa
Foodservice Market Forecast
South Africa
Foodservice Market Revenue
South Africa
Foodservice Market Size
South Africa
Foodservice Market Future Outlook
South Africa
Foodservice Market Analysis
South Africa
Foodservice Market Opportunities
South Africa
Foodservice Market Competition
South Africa
Foodservice Market Trends
South Africa
Foodservice Market Shares
South Africa
Foodservice Market Growth Analysis
South Africa
Foodservice Market Value
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