Summary
Meat in South Africa industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value 2019-24, and forecast to 2029). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Key Highlights
- The meat market includes retail sales of fresh meat (counter), chilled raw packaged meat - whole cuts, frozen meat, chilled raw packaged meat - processed, ambient meat, cooked meats - packaged, and other. The scope of others includes cooked meats - counter.
- The South African meat market recorded revenues of $7,107.3 million in 2024, representing a negative compound annual growth rate (CAGR) of 3.0% between 2019-24.
- Market consumption volumes declined with a negative CAGR of 2.7% between 2019-24, reaching a total of 1,625.8 million kilograms in 2024.
- The South African meat market experienced contraction during 2019-24 as younger consumers became increasingly aware of the potential health risks associated with meat consumption, and there is a growing shift toward adopting vegan lifestyles.
Scope
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the meat market in South Africa
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the meat market in South Africa
- Leading company profiles reveal details of key meat market players’ global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the South Africa meat market with five year forecasts
Reasons to Buy
- What was the size of the South Africa meat market by value in 2024?
- What will be the size of the South Africa meat market in 2029?
- What factors are affecting the strength of competition in the South Africa meat market?
- How has the market performed over the last five years?
- Who are the top competitors in South Africa's meat market?
'
Table of Contents
1 Executive Summary
1.1. Market value
1.2. Market value forecast
1.3. Market volume
1.4. Market volume forecast
1.5. Category segmentation
1.6. Geography segmentation
1.7. Market share
1.8. Market rivalry
1.9. Competitive landscape
2 Market Overview
2.1. Market definition
2.2. Market analysis
3 Market Data
3.1. Market value
3.2. Market volume
4 Market Segmentation
4.1. Category segmentation
4.2. Geography segmentation
4.3. Market distribution
5 Market Outlook
5.1. Market value forecast
5.2. Market volume forecast
6 Five Forces Analysis
6.1. Summary
6.2. Buyer power
6.3. Supplier power
6.4. New entrants
6.5. Threat of substitutes
6.6. Degree of rivalry
7 Competitive Landscape
7.1. Market share
7.2. Who are the leading players in the South African meat market?
7.3. Which companies have been most successful in increasing their market shares during (2019-24)?
7.4. Which companies market shares have suffered over the same period (2019-24)?
7.5. What are the most popular brands in the South African meat market?
8 Company Profiles
8.1. Rainbow Farms (Pty) Ltd
8.2. Astral Foods Ltd
8.3. Irvin & Johnson Ltd
8.4. Country Bird Holdings Limited
9 Macroeconomic Indicators
9.1. Country data
10 Appendix
10.1. Methodology
10.2. Industry associations
10.3. Related MarketLine research
10.4. About MarketLine
List of Tables
Table 1: South Africa meat market value: $ million, 2019-24
Table 2: South Africa meat market volume: million kilograms, 2019-24
Table 3: South Africa meat market category segmentation: % share, by value, 2019-24
Table 4: South Africa meat market category segmentation: $ million, 2019-24
Table 5: South Africa meat market geography segmentation: $ million, 2024
Table 6: South Africa meat market distribution: % share, by value, 2024
Table 7: South Africa meat market value forecast: $ million, 2024-29
Table 8: South Africa meat market volume forecast: million kilograms, 2024-29
Table 9: South Africa meat market share: % share, by value, 2024
Table 10: Rainbow Farms (Pty) Ltd: Key Facts
Table 11: Astral Foods Ltd: Key Facts
Table 12: Astral Foods Ltd: Annual Financial Ratios
Table 13: Astral Foods Ltd: Key Employees
Table 14: Irvin & Johnson Ltd: Key Facts
Table 15: Irvin & Johnson Ltd: Key Employees
Table 16: Country Bird Holdings Limited: Key Facts
Table 17: Country Bird Holdings Limited: Key Employees
Table 18: South Africa Size of Population (Million), 2020-23
Table 19: South Africa Real GDP (Constant 2010 Prices, $ Billion), 2020-24
Table 20: South Africa GDP (Current Prices, $ Billion), 2020-24
Table 21: South Africa Inflation, 2020-23
Table 22: South Africa Consumer Price Index (Absolute), 2020-24
Table 23: South Africa Exchange Rate, 2019-24
List of Figures
Figure 1: South Africa meat market value: $ million, 2019-24
Figure 2: South Africa meat market volume: million kilograms, 2019-24
Figure 3: South Africa meat market category segmentation: $ million, 2019-24
Figure 4: South Africa meat market geography segmentation: % share, by value, 2024
Figure 5: South Africa meat market distribution: % share, by value, 2024
Figure 6: South Africa meat market value forecast: $ million, 2024-29
Figure 7: South Africa meat market volume forecast: million kilograms, 2024-29
Figure 8: Forces driving competition in the meat market in South Africa, 2024
Figure 9: Drivers of buyer power in the meat market in South Africa, 2024
Figure 10: Drivers of supplier power in the meat market in South Africa, 2024
Figure 11: Factors influencing the likelihood of new entrants in the meat market in South Africa, 2024
Figure 12: Factors influencing the threat of substitutes in the meat market in South Africa, 2024
Figure 13: Drivers of degree of rivalry in the meat market in South Africa, 2024
Figure 14: South Africa meat market share: % share, by value, 2024
