Manufacture of Spices in South Africa 2018 - Current Conditions, Size of the Industry and Factors Influencing Success - ResearchAndMarkets.com
Jun. 12, 2018
DUBLIN--(BUSINESS WIRE)--Jun 12, 2018--The "Manufacture of Spices in South Africa 2018" report has been added to ResearchAndMarkets.com's offering.
The report on the South African spice sector examines current conditions, the size of the industry and factors influencing its success.
The report profiles 37 companies active in the sector including major players such as the Rhodes Food Group which acquired Durban-based Pakco for R200m in October 2016 and Freddy Hirsch Group (Pty) Ltd, which sells dry spices, soups and mixes to domestic and global markets.
Also profiled is Deli Spices whose customers include leading retail corporates, independent multinational butcheries and delis, major meat processing plants, speciality customers, and food services and catering organisations. French company Mane acquired a stake in the local business in January 2017, a move that is expected to help as far as innovation and expansion are concerned.
Although South Africa imports approximately 90% of its raw spices, it successfully exports spices to neighbouring Southern African Development Community (SADC) countries. South Africa exported approximately R2.2bn worth of spices for the three years, 2015 to 2017, recording a positive trade balance of approximately R1.5bn for the same period. Regional demand for spice and herb extracts is expected to remain stable with the key drivers including the shifting consumer focus towards natural products and the increasing demand for healthy convenience foods.
Companies MentionedCrown Food Group (Pty) Ltd Freddy Hirsch Group (Pty) Ltd Exim International (Pty) Ltd Chohans Spice (Pty) Ltd Deli-Spices (Pty) Ltd Pakco (Pty) Ltd Ina Paarman's Kitchen (Pty) Ltd Osman's Spice Works CC Spice Emporium (Pty) Ltd Fortified Foods Marketing (Pty) Ltd South Spice International (Pty) Ltd Spice Importers and Millers CC Petrow Food Ingredients (Pty) Ltd Allifa Spices 2004 (Pty) Ltd Tiger Brands Ltd McCormick South Africa (Pty) Ltd Ukuva Iafrica Foods CC Pioneer Voedsel (Pty) Ltd Exotic Spices CC Golden Spices CC Amina's Wonder Spice Trust Natpro Spicenet (Pty) Ltd Nutritional Foods (Pty) Ltd Spice Pod (Pty) Ltd (The) Imana Foods (SA) (Pty) Ltd Givaudan South Africa (Pty) Ltd Tate and Lyle South Africa (Pty) Ltd Creative Flavors International (Pty) Ltd Unilever South Africa (Pty) Ltd Africa Spice (Pty) Ltd Cape Hot House Vegetables CC E Akhalwaya and Sons CC Peppadew International (Pty) Ltd Lesedi Food Enterprises (Pty) Ltd AECI Ltd
Key Topics Covered
2. Description of the Industry
3. Size of the Industry
4. State of the Industry
5. Influencing Factors
7. SWOT Analysis
9. Industry Associations
For more information about this report visit https://www.researchandmarkets.com/research/bht8kh/manufacture_of?w=4
View source version on businesswire.com:https://www.businesswire.com/news/home/20180612006382/en/
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Related Topics:Spices and Seasonings
KEYWORD: SOUTH AFRICA AFRICA
INDUSTRY KEYWORD: RETAIL FOOD/BEVERAGE
SOURCE: Research and Markets
Copyright Business Wire 2018.
PUB: 06/12/2018 02:55 PM/DISC: 06/12/2018 02:55 PM