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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

1. RCL Foods is among notable players in the bakery market. 2. Market share is shifting towards standard bread, particularly white bread. 3. Economic conditions hint at potential recovery in consumer spending by 2025. 4. Challenges include rising input costs and changing consumer preferences. 5. Future growth hinges on improved household incomes and reduced inflation.

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FAQ

Why Bullish?

RCL stands to benefit from increased consumer spending and a shift to standard bread, similar to previous recoveries in consumer goods companies post-economic downturn.

How important is it?

The article discusses sector-wide dynamics essential for bakery industry players like RCL, influencing market trends positively.

Why Long Term?

As consumer conditions stabilize through 2025, shifts could significantly enhance RCL's financial performance over the next 2-3 years.

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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. April 17, 2025 04:18 ET  | Source: Research and Markets Dublin, April 17, 2025 (GLOBE NEWSWIRE) -- The "Manufacture of Bakery Products Industry in South Africa 2025" report has been added to ResearchAndMarkets.com's offering. This report focuses on the manufacture of bakery products and includes information on wheat production, flour milling, bakery product production and sales, prices, and products including health and vegan products. There is information on notable players and corporate actions, and influencing factors such as economic conditions, input costs, consumer spending, innovation and the competitive environment. There are profiles of 24 companies including major manufacturers such as Tiger Brands, Pioneer Foods, RCL Foods, Premier FMCG, National Brands and Libstar, and companies such as Baketech and VKB Milling which supply the baking industry. Growth in the bakery products industry has been affected by rapidly rising input costs and electricity supply insecurity. Margins have been squeezed by changing consumer tastes and weakening consumer spending power, leading to discount shopping. Major national manufacturers have gained market share against supermarkets and independent bakeries in the last four years, reversing a trend towards less concentration. Standard bread is the main bakery product. White bread production has increased in the past four years while brown and wholewheat sales have declined in relative terms. The cost of wheat has driven up costs. Major companies have focused on cost-cutting, consolidation, and capital expenditure. Key Market Trends Bread has become more competitive against similar consumer products such as maize, cereals, and grains. Globally-driven pressures on wheat and other inputs prices accelerated cost inflation for manufacturers in 2022 and 2023 but have since eased. Manufacturers of bakery products are focused on cost containment, price investment, balance sheet improvements and productivity. National bakery company share of standard bread production has increased, taking share from corporate and independent supermarkets, and independent bakeries. Supermarkets sell cheap 600g loaves of bread. White bread has become more popular. Market Opportunities Competitive pricing with lower wheat prices.Exports into Southern Africa.Health and ethical products such as vegan and low-carb.Sale of value-added bakery products with the recovery of consumer spending. Market Challenges Vulnerability to price and supply shocks through dependence on wheat imports.Weakening demand and restrained consumer spending. Market Outlook Industry revenue is dominated by standard bread loaf sales which have declined over the past three wheat marketing seasons. Bakery products manufacturers have been resilient in the face of elevated input costs. Lower long-term debt levels have positioned the industry well for future growth. There have been signs since late 2024 of an upward cycle in consumer spending. Price inflation has slowed, energy supply has stabilised, and consumer confidence is more positive on the back of declining interest rates. The industry's focus on keeping products affordable to stimulate demand is expected to bear fruit. It is expected that 2025 may be a better year for consumer spending. However, higher economic growth, job creation and improved household incomes will significantly improve the industry's prospects. Companies Profiled: Anat Foods (Pty) LtdBake Tech (Pty) LtdBimbo QSR Holdings South Africa (Pty) LtdBread Gypsy (Pty) Ltd (The)Cape Cookies (Pty) LtdChipkins Puratos (Pty) LtdDaisy Health Foods CCFamous Brands LtdFournos Group (Pty) LtdGoosebumps (Pty) LtdIn 2 Food Group (Pty) LtdKhayelitsha Cookies (Pty) LtdKK Doughnuts SA (Pty) LtdLe Petit Pain (Pty) LtdLibstar Operations (Pty) LtdNational Brands LtdPioneer Voedsel (Pty) LtdPremier FMCG (Pty) LtdRCL Foods LtdRFG Foods (Pty) LtdRymco (Pty) LtdSD MantellTiger Brands LtdVKB Milling (Pty) Ltd Key Topics Covered: 1. INTRODUCTION 2. DESCRIPTION OF THE INDUSTRY2.1. Industry Value Chain2.2. Geographic Position2.3. Size of the Industry 3. LOCAL3.1. State of the Industry3.2. Key Trends3.3. Key Issues3.4. Notable Players3.5. Trade3.6. Corporate Actions3.7. Regulations3.8. Enterprise Development and Social Development 4. AFRICA 5. INTERNATIONAL 6. INFLUENCING FACTORS6.1. Unforeseen Events6.2. Economic Environment6.3. Labour6.4. Environmental Issues6.5. Technology, R&D, Innovation6.6. Government Support6.7. Input Costs 7. COMPETITIVE ENVIRONMENT7.1. Competition7.2. Ownership Structure of the Industry7.3. Barriers to Entry 8. INDUSTRY SUMMARY 9. OUTLOOK 10. INDUSTRY ASSOCIATIONS For more information about this report visit https://www.researchandmarkets.com/r/9h45gp About ResearchAndMarkets.comResearchAndMarkets.com is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends. South Africa Bakery and Cereals Market Size by Categories, Distribution Channel, Market Share and Forecast, 2021-2026 South Africa Bakery Products Market | Trends, Value, Revenue, Outlook, Forecast, Size, Analysis, Growth, Industry, Share, Segmentation & COVID-19 IMPACT: Market Forecast By Product Types, By Distribution Channels And Competitive Landscape Australia Bakery Ingredients Market Report and Forecast 2025-2034 Contact Data CONTACT: ResearchAndMarkets.com Laura Wood,Senior Press Manager press@researchandmarkets.com For E.S.T Office Hours Call 1-917-300-0470 For U.S./ CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900

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