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Are innovative fusions heating up growth in SA’s Tea market?

Globally and locally, the consumption and preparation of Tea, in non-traditional ways, is becoming increasingly popular amongst consumers looking to spice up their Tea experiences. These consumers are increasingly inventing novel ways of combining Tea with other beverages and foods, to create new experiences and flavours, and even enhance the inherent benefits provided by Tea. …

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Are functional and funky flavours shaking up SA’s fizzy drinks industry?

Both globally and locally, consumers are continuing to seek out healthier Fizzy/Carbonated Soft Drinks (CSD) products. However, this focus on health does not mean that consumers are willing to compromise on taste or flavour. As a result, more market players are offering healthier CSD product options, whilst also providing a range of enhanced and novel …

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Is SA’s Supplements market being enhanced from the inside out?

Global and South African consumers’ view of wellness has evolved over the past few years, especially considering the COVID-19 pandemic. In particular, consumers are increasingly viewing their health and wellbeing through a broader and more holistic lens, with their view of health encompassing both physical and mental health, as well as a healthy appearance. This …

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Are personalised products boosting SA’s Vitamins market?

Globally, consumers are taking proactive steps to maintain their health, by making use of Vitamin products. However, as consumers become more engaged and knowledgeable regarding Vitamins, it is becoming increasingly important to ensure that the products they consume meet their individual needs, in terms of both composition and format. This has led to industry players …

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Is InsurTech personalising SA’s Long-Term Insurance industry?

The global Long-Term (Life) Insurance market was hit hard in 2020, declining by 4.4% in terms of value, with advanced global markets bearing the brunt of this decline. However, positively, the market was expected to rebound strongly in both 2021 and 2022, with predicted growth rates of 3.8% and 4.0%, respectively. This recovery is expected …

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Is the legitimisation of Cannabis greening the way for SA’s Cannabis/CBD industry?

While Cannabis use remains taboo among some South Africans, an increasing number of consumers are becoming more accepting regarding its use. More specifically, legalisation, government support, and the potential economic advantages offered by the South African Cannabis market, have led to the increased legitimisation of Cannabis and Cannabis-based products. Furthermore, South Africans are becoming increasingly …

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Will SA’s Short-Term Insurance industry weather the COVID-19 storm?

Since March 2020, the COVID-19 pandemic has been negatively impacting economies, affecting supply chains and challenging industries globally. The global Short-Term Insurance industry has not been spared, with the sharpest economic contraction since the Great Depression of the 1930s, predicted to result in a significant decrease in demand for Short-Term insurance in 2020. However, the …

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Are personalised probiotics colonising the SA Probiotics market?

With more consumers looking for ways of strengthening their immune system and overall gut health, many manufacturers are offering personalised Probiotic products, which are tailor-made to appeal to specific consumer segments. This product innovation is expected to further drive growth in the global and South African Probiotics markets, with these products being designed to meet …

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Will adult-focused cordials stir up the SA Concentrates/Dilutables market?

Both the global and local Concentrates markets continue to look diluted, with weak market forecasts on the horizon. Various challenges, such as the rising awareness of health and wellness amongst consumers, the impact of the global COVID-19 pandemic, and country-specific sugar tax implementations are expected to continue to water down market growth over the next …

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Are e-commerce platforms shaking up the Sports Nutrition Market?

Globally, as consumers continue to place increasing importance on their fitness, both the purchasing and purchase-decision process of Sports Nutrition products are rapidly moving online. Due to the COVID-19 pandemic, this online paradigm shift is further being driven by social distancing and lockdown regulations. The rising popularity of e-commerce in the Sports Nutrition space is …

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