The animal feed market in KwaZulu Natal is worth about R256 million, which is a decent size. What's interesting is that this market isn't growing or shrinking, it's steady with zero year-on-year growth. You'll be competing with only a handful of suppliers, just three in total, which could be a favourable situation for your business. The Department of Agriculture is the main buyer in this space, and they have a strong preference for black-owned businesses, with about 86% of the allocation going to them. If I were you, I'd focus on getting your black economic empowerment credentials in order to increase your chances of securing a contract in this space.
R256K
3
1
R85K
Supplier Type Allocation
EME (< R10M)
0%
QSE (R10-50M)
0%
GE (> R50M)
0%
BEE Allocation
86.3%
70.0%
21.4%
0.2%