Food Bites - Everyday Cheese
May 24th 2011, 07:47
Cheddar cheese remains the most important cheese type in terms of both value and volume, with a 39.1% contribution to the former in 2010.
Gouda cheese lost significant volume and share in 2010, to lose its second place position and become the third most popular cheese type in South Africa after cheddar and mozzarella. Strategic decisions to focus on other business units by key players in this sector are the major contributing factor to volume losses seen in the gouda cheese market.
Mozzarella cheese performed exceptionally well in 2010 with 11.0% growth seen in this market, reflecting the highest growth rate across all cheese types. Growth in this market is driven by the foodservices sector, which consumes close to half of mozzarella cheese produced.
Soft cheese as well as other everyday cheese remain niche product offerings within this market with a combined contribution of 9.2%.
There is a growing trend towards production of goat and sheep milk cheese particularly amongst the smaller regional cheeseries as consumers are becoming more aware of the inherent qualities of these non-cow milk based cheese. Cheddar cheese is by far the most popular cheese type across cow, sheep and goat milk cheese.
The majority of players interviewed were optimistic about the future of everyday cheese, although smaller cheeseries cited that they were failing to compete against imported cheeses as these are priced more competitively than their handmade cheeses, given the weaker dollar.
Fat free cheese; feta in particular; is gaining popularity as the healthy eating trend continues to expand.
Closely tied to the health trend is the growing organic food trend which manufacturers mentioned as a key area of growth going forward. Some consumers are also interested in knowing if the animals providing milk are well cared for, and such endorsements on the product’s packaging are taking root in this market.Click here for more information on BMI
In an effort to deliver improved return on investment to its clients on the research it undertakes for them, pricing specialist, BMi Research, has added the renowned business intelligence platform, Qlikview, to its repertoire of reporting tools.
Rice volumes in South Africa increased by a large growth in 2012. This abnormally large growth is attributed to the price increases for maize meal experienced during 2012. The demand for rice increased substantially as consumers switched their staple food from maize meal to rice.
The pasta market within South Africa declined in 2012. Dry pasta which comprises the majority of the pasta market lost share in 2012. However, the pasta meal kit market saw volumes increase.
The coffee market saw domination this year by a few top players, who pushed the volumes in the industry up. These players have products in all four of the market’s sub-sectors so their influence was felt all-round.
Best Consumer-Stock Gain Seen Ending on South Africa Valuations
06/02/2012 - 09:15
Jan. 25 (Bloomberg) -- The world’s best-performing consumer stocks have become the lowest-rated by analysts after valuations of South African retailers and food producers climbed to the most expensive levels on record.
Food Lover’s Market – 3000 food products under the same roof at Bagatelle, Mauritius
25/11/2011 - 09:30
The opening of Food Lover’s Market took place at Bagatelle Mall of Mauritius in October 2011.
Retail September trade growth seen at 6.5%
15/11/2011 - 10:33
Growth in SA’s retail trade sales at constant (2008) prices for September is expected to lose momentum to a decrease of 6.5% year on year (y/y), from a y/y growth of 7.1% in August, according to a survey of leading economists by BusinessLIVE.
SA upbeat over free-trade pact with South American bloc
15/11/2011 - 10:16
Trade and Industry Minister, Rob Davies, says SA stands to accelerate its share of exports with South America’s largest economies, through a free-trade agreement with Mercosur due to come into force next year
Wheat Shippers Battle for Sales as Global Grain Glut Expands: Commodities
14/11/2011 - 09:26
France may lose its place as the second-biggest wheat exporter after failing to win more than a dozen tenders in Egypt, the world’s biggest buyer, as shipments from Russia, Ukraine and Kazakhstan overwhelm markets.