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FBR March 2016

6 | MARCH 2016 | FOOD & BEVERAGE REPORTER www.fbreporter.com These stories are from www.foodstuffsa.co.za and www.drinkstuff-sa.co.za, the topical, on-trend food-bev industry news websites with a local focus and cherry-picking relevant global content. They are augmented by a regular e-newsletter. Sign up for free online. We hunt down the latest SA and global food-drinks news and trends so you don't have to! SPAZAS ARE THRIVING T he perception that South Africa’s Traditional Trade (TT) or spaza sector is shrinking in the face of increasing pressure from modern retail outlets could not be further from the truth asserts a new report by Nielsen. Sales through South Africa’s 134 000 Traditional Trade (TT) outlets currently amount to R46-billion per annum, which equates to one of every five rand spent and one third of all consumer goods packages sold in South Africa. Nielsen South Africa MD, Craig Henry, says the growth of the TT sector has taken place against the backdrop of South Africa’s population increasing from 38-million in the early 1990s to 54-million by 2014 (Stats SA). Additional factors driving its growth include the rapid progression of the middle class. South Africa’s marketplace is also more retail dense than ever before, with the number of Modern Trade outlets – Hypers and Supers - having increased from 790 to 2 875 and branded convenience stores having increased to more than 4 500 outlets. TT has, however, more than kept up with its more formal counterparts, with the number of outlets having grown from 31 000 to 134 000 in the last 20 years – a massive 100 000 new outlets. Interestingly, these stores are equally prevalent in both urban and rural areas and there are, in fact, now more urban than rural traditional trade outlets in SA, at 81 587 and 52 472 respectively. As a result, the sector has seen continued increase in sales, driven by higher shopping frequency and steadfast shopper loyalty despite modern branded formats opening up in less urbanised areas. A massive 48% of shoppers have visited a spaza outlet in the last seven days, versus 38% in 2012, representing a 10% increase in shoppers visiting the channel. HOT NEW HYBRID A tiny cabbage-like flower sprout is being tipped as the next big veggie-hybrid to make its mark. The sprout - a cross-breed of kale and Brussels sprouts - was developed in the UK in 2010 and has been successful in the US, with "green and lean" actress Gwyneth Paltrow giving the vegetable the kiss of popularity. Named “the hot new vegetable of 2015” by Fox News, flower sprouts have also been picked up in Europe as foodie magazines and chefs experiment with the vegetable, and retailers M&S, Waitrose, Sainsbury’s, Asda, Lidl and Aldi have now taken them on. SWISS BANK GOES BANTING Fear of fat is a thing of the past; In the coming years demand for fat will soar worldwide, and that for carbohydrates will fall. The entire world will start eating higher fat, lower carb diets (on average). These are the predictions of a recent research report from leading international bank Credit Suisse. The bank forecasts that: > Fat consumption per capita is expected to grow from the 26% of total energy intake registered globally in 2011 to close to 31% by 2030. > Carbohydrates will decline from 60% of global energy intake in 2011 to 55% by 2030 because of rising awareness of the link between excess carbohydrate consumption (and particularly sugar) with obesity and heart disease. > SFA is likely to experience the fastest growth, rising from 9.4% in 2011 to 12.7% of daily energy intake by 2030. > Meat consumption is expected to grow 23% over the next 15 years as the perception of red meat improves. > Eggs should do particularly well as the more people understand that the cholesterol theory has been discredited. By 2030, it is predicted that everyone will be consuming about 5 eggs per week. > Demand for butter and cheese should continue to grow at a fast pace. Milk and milk- related products should grow by 50% or 2.5% a year. Butter should continue to replace margarine and benefit from the full ban on trans-fats. LAST WORD: It's the highest price ever paid for a local wine, putting businessman Sello Rasethaba in the history books. His was the highest bid for the 2014 Touch Warwick Cabernet Sauvignon at a charity auction at Klein Constantia in February. Sales through South Africa’s 134000 from 790 to 2875 and branded more than 4500 outlets. 31000 to 134000 in the last 20 years – a massive 100000 new outlets. at 81587 and 52472 respectively.

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