Summary
Oils & Fats in South Africa industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value and volume 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 oils & fats market includes retail sales of edible oils and solid fats. The oils segment covers cooking sprays, corn oil, olive oil, sunflower oil, vegetable oil, etc. The solid fats segment includes compound cooking fats (CCF), ghee, lard, shortening, and other solid fats.
- The South African oils & fats market recorded revenues of $1,623.1 million in 2024, representing a compound annual growth rate (CAGR) of 4.2% between 2019-24.
- Market consumption volume increased with a CAGR of 4.2% between 2019-24, reaching a total of 740.4 million kilograms in 2024.
- The healthy growth of the South African oils & fats market during 2019-24 can be attributed to higher household spending on food, which increases demand for packaged foods and ready-to-cook meals, which use oils & fats as key ingredients.
Scope
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the oils & fats market in South Africa
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the oils & fats market in South Africa
- Leading company profiles reveal details of key oils & fats market players’ global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the South Africa oils & fats market with five year forecasts by both value and volume
Reasons to Buy
- What was the size of the South Africa oils & fats market by value in 2024?
- What will be the size of the South Africa oils & fats market in 2029?
- What factors are affecting the strength of competition in the South Africa oils & fats market?
- How has the market performed over the last five years?
- Who are the top competitors in South Africa's oils & fats market?
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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 oils & fats 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 during 2019-24?
7.5. What are the most popular brands in the South African oils & fats market?
8 Company Profiles
8.1. Willowton Group
8.2. Bidco Africa Ltd
8.3. REIN OIL
8.4. Pietro Coricelli Spa
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 oils & fats market value: $ million, 2019-24
Table 2: South Africa oils & fats market volume: million kilograms, 2019-24
Table 3: South Africa oils & fats market category segmentation: % share, by value, 2019-24
Table 4: South Africa oils & fats market category segmentation: $ million, 2019-24
Table 5: South Africa oils & fats market geography segmentation: $ million, 2024
Table 6: South Africa oils & fats market distribution: % share, by value, 2024
Table 7: South Africa oils & fats market value forecast: $ million, 2024-29
Table 8: South Africa oils & fats market volume forecast: million kilograms, 2024-29
Table 9: South Africa oils & fats market share: % share, by value, 2024
Table 10: Willowton Group: Key Facts
Table 11: Bidco Africa Ltd: Key Facts
Table 12: Bidco Africa Ltd: Key Employees
Table 13: REIN OIL: Key Facts
Table 14: Pietro Coricelli Spa: Key Facts
Table 15: South Africa Size of Population (Million), 2020-23
Table 16: South Africa Real GDP (Constant 2010 Prices, $ Billion), 2020-24
Table 17: South Africa GDP (Current Prices, $ Billion), 2020-24
Table 18: South Africa Inflation, 2020-23
Table 19: South Africa Consumer Price Index (Absolute), 2020-24
Table 20: South Africa Exchange Rate, 2019-24
List of Figures
Figure 1: South Africa oils & fats market value: $ million, 2019-24
Figure 2: South Africa oils & fats market volume: million kilograms, 2019-24
Figure 3: South Africa oils & fats market category segmentation: $ million, 2019-24
Figure 4: South Africa oils & fats market geography segmentation: % share, by value, 2024
Figure 5: South Africa oils & fats market distribution: % share, by value, 2024
Figure 6: South Africa oils & fats market value forecast: $ million, 2024-29
Figure 7: South Africa oils & fats market volume forecast: million kilograms, 2024-29
Figure 8: Forces driving competition in the oils & fats market in South Africa, 2024
Figure 9: Drivers of buyer power in the oils & fats market in South Africa, 2024
Figure 10: Drivers of supplier power in the oils & fats market in South Africa, 2024
Figure 11: Factors influencing the likelihood of new entrants in the oils & fats market in South Africa, 2024
Figure 12: Factors influencing the threat of substitutes in the oils & fats market in South Africa, 2024
Figure 13: Drivers of degree of rivalry in the oils & fats market in South Africa, 2024
Figure 14: South Africa oils & fats market share: % share, by value, 2024
