PROSPECTS AND OPPORTUNITIES
Sweet spreads packaging to grow overall, despite continued declines for chocolate spreads and yeast-based spreads
Total retail volumes of sweet spreads packaging are forecast to grow at a compound annual growth rate (CAGR) of 5% during the forecast period, reaching 177 million units in 2029. While innovation and diversification are creating new opportunities within the broader sweet spreads category, the rising popularity of alternative spreads and economic pressures is expected to prevent growth for chocolate spreads and yeast-based spreads, resulting in decreased packaging volumes for these categories.
Thin wall plastic containers likely to gain share due to lightweight design
Over the forecast period, thin wall plastic containers is anticipated to continue its rise in overall sweet spreads packaging in South Africa, as this is expected to be increasingly used for packaging nut and seed based spreads, and will also benefit from the strong growth in packaging volumes expected for this category. While PET jars is anticipated to remain the dominant pack type for nut and seed based spreads, and will continue to see growth in packaging volumes, thin wall plastic containers is predicted to gain further share over the forecast period.
Delivery:
Files are delivered directly into your account soon after payment is received and any tax is certification is verified (where applicable).
This report comes in PDF with additional info in Excel included.
Overview:
Understand the latest market trends and future growth opportunities for the Sweet Spreads Packaging industry in South Africa with research from Euromonitor International's team of in-country analysts – experts by industry and geographic specialisation.
Key trends are clearly and succinctly summarised alongside the most current research data available. Understand and assess competitive threats and plan corporate strategy with our qualitative analysis, insight and confident growth projections.
If you're in the Sweet Spreads Packaging industry in South Africa, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty.
The Sweet Spreads Packaging in South Africa report includes:
- Analysis of key supply-side and demand trends
- Detailed segmentation of international and local products
- Five year forecasts of market trends and market growth
- Robust and transparent research methodology, conducted in-country
This report answers:
- What is the market size of Sweet Spreads Packaging in South Africa?
- Which are the major pack types and how are they performing in South Africa?
- Have there been any packaging legislative changes in the past 12 months?
- How are consumption trends impacting the packaging landscape?
- What are the key trends and latest product developments in packaging?
- How important are sustainability and recycling to consumers in South Africa?
- Where is future growth expected to be most significant?
Sweet Spreads Packaging in South Africa - Category analysis
KEY DATA FINDINGS
Surge in demand for smaller thin wall plastic containers drives growth in sweet spreads packaging
PET jars remains the main pack type in the biggest category, nut and seed based spreads
Rising raw material costs, sustainability regulations, and private label growth drive packaging changes
Sweet spreads packaging to grow overall, despite continued declines for chocolate spreads and yeast-based spreads
Thin wall plastic containers likely to gain share due to lightweight design
Sweet Spreads Packaging in South Africa - Company Profiles
Packaging Industry in South Africa - Industry Overview
Packaging in 2024: The big picture
Evolving packaging shift towards value and everyday convenience
Smaller, single-serve packaging trends across multiple food categories in South Africa
PET dominance and HDPE growth shape South Africa’s beverage packaging in 2024
Rising preference for metal beverage cans in alcoholic drinks
Premium sustainability through in-mould labelling in beauty packaging
HDPE bottles and larger pack sizes shape home care packaging
Flexible packaging focuses on convenience through resealable pouches
Strengthening Extended Producer Responsibility (EPR) regulations
Mandatory Deposit Return System (DRS) proposed for beverage containers in South Africa
Expansion of circular economy and recycling infrastructure
Tackling plastic pollution through collaborative action
DISCLAIMER
The following categories and subcategories are included:
Sweet Spreads Packaging
- Chocolate Spreads
- Honey
- Jams and Preserves
- Nut and Seed Based Spreads
- Yeast-based Spreads
Sweet Spreads Packaging
This is the aggregation of chocolate spreads, honey, jams and preserves, nut based spreads and yeast based spreads.
See all of our definitionsWhy buy this report?
- Gain competitive intelligence about market leaders
- Track key industry trends, opportunities and threats
- Inform your marketing, brand, strategy and market development, sales and supply functions
This report originates from Passport, our Sweet Spreads Packaging research and analysis database.
NEW REPORT GUARANTEE
If you purchase a report that is updated in the next 60 days, we will send you the new edition and data extraction Free!