Market Size of South Africa Fruits and Vegetables Industry
Study Period | 2019 - 2029 |
Base Year For Estimation | 2023 |
Forecast Data Period | 2024 - 2029 |
Market Size (2024) | USD 2.38 Billion |
Market Size (2029) | USD 3.45 Billion |
CAGR (2024 - 2029) | 7.70 % |
Major Players*Disclaimer: Major Players sorted in no particular order |
South Africa Fruits and Vegetables Market Analysis
The South Africa Fruits and Vegetables Market size is estimated at USD 2.38 billion in 2024, and is expected to reach USD 3.45 billion by 2029, growing at a CAGR of 7.70% during the forecast period (2024-2029).
The year 2020 was not very promising for many industries due to the COVID-19 pandemic. However, in the case of fruits and vegetables, the market witnessed a mixed impact. Initially, the market faced a supply crunch due to prolonged restrictions on the trade movements, loss of quality produces, hampered harvesting due to labor shortage, etc. However, on a positive note, the demand for fruits and vegetables increased due to consumers' growing preferences to eat healthy, immunity-boosting foods. Sales in the retail market increased on online and offline platforms.
The growing demand for derived products, such as fruit juices and jams, and the increasing consumer awareness about healthier alternatives, such as fruits and vegetables, are some of the factors driving the market's growth.
Favorable government initiatives in making free trade agreements with countries such as the United States, China, and Japan boost the regional exports of major fruits and vegetables.
South Africa Fruits and Vegetables Industry Segmentation
The fruits and vegetables market in South Africa is segmented into fruits and vegetables. It also includes the production analysis (volume), consumption analysis (value and volume), import analysis (value and volume), export analysis (value and volume), and price trend analyses of fruits and vegetables in South Africa. The competitive analyses of the market, the distribution network, and the retail market in the country are provided in the report.
Vegetables | |
Production Analysis | |
Consumption Analysis | |
Import Analysis | |
Export Analysis |
Fruits | |
Production Analysis | |
Consumption Analysis | |
Import Analysis | |
Export Analysis |
South Africa Fruits and Vegetables Market Size Summary
The South Africa fruits and vegetables market is poised for significant growth, driven by increasing consumer demand for healthier food options and the rising popularity of organic produce. The market experienced a mixed impact due to the COVID-19 pandemic, with initial supply challenges but a subsequent surge in demand as consumers shifted towards immunity-boosting foods. This shift is further supported by the growing awareness of the health benefits of fruits and vegetables, which has led to increased spending on these products. Government initiatives promoting free trade agreements with countries like the United States, China, and Japan are enhancing export opportunities, particularly for major fruits and vegetables, thereby bolstering market expansion.
Avocado production stands out as a key segment within the South African fruits and vegetables market, with a strong focus on export to the European Union, supported by favorable trade agreements. The country's diverse climatic conditions allow for a prolonged avocado growing season, contributing to both domestic and international demand. The Fuerte avocado is particularly popular among local consumers. As the South African government continues to facilitate market access to additional international markets, the avocado sector is expected to experience continued growth, reflecting the broader positive trajectory of the fruits and vegetables market in the region.
South Africa Fruits and Vegetables Market Size - Table of Contents
-
1. MARKET DYNAMICS
-
1.1 Market Overview
-
1.2 Market Drivers
-
1.3 Market Restraints
-
1.4 Value Chain Analysis
-
-
2. MARKET SEGMENTATION (Production Analysis, Consumption Analysis by Value and Volume, Import Analysis by Value and Volume, and Export Analysis by Value and Volume)
-
2.1 Vegetables
-
2.1.1 Production Analysis
-
2.1.2 Consumption Analysis
-
2.1.3 Import Analysis
-
2.1.4 Export Analysis
-
-
2.2 Fruits
-
2.2.1 Production Analysis
-
2.2.2 Consumption Analysis
-
2.2.3 Import Analysis
-
2.2.4 Export Analysis
-
-
South Africa Fruits and Vegetables Market Size FAQs
How big is the South Africa Fruits and Vegetables Market?
The South Africa Fruits and Vegetables Market size is expected to reach USD 2.38 billion in 2024 and grow at a CAGR of 7.70% to reach USD 3.45 billion by 2029.
What is the current South Africa Fruits and Vegetables Market size?
In 2024, the South Africa Fruits and Vegetables Market size is expected to reach USD 2.38 billion.