South africa bakery products manufacturing report 2025, with profiles of 24 players including tiger brands, pioneer foods, rcl foods, premier fmcg, national brands, libstar, baketech and vkb milling
Despite challenges like rising input costs and evolving consumer preferences, major players such as tiger brands and pioneer foods have expanded market share. the report highlights the increasing consumer shift towards white bread and examines the impact of economic conditions on sales. emerging opportunities include health-focused and vegan products, while challenges encompass price volatility and weakening demand. the outlook hints at a potential recovery in consumer spending by 2025, promising a brighter future amidst declining interest rates and stable energy supplies. despite challenges like rising input costs and evolving consumer preferences, major players such as tiger brands and pioneer foods have expanded market share. the report highlights the increasing consumer shift towards white bread and examines the impact of economic conditions on sales. emerging opportunities include health-focused and vegan products, while challenges encompass price volatility and weakening demand. the outlook hints at a potential recovery in consumer spending by 2025, promising a brighter future amidst declining interest rates and stable energy supplies.
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