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Biological science services

KWAZULU NATAL · FY 2024/25

The market for biological science services in KwaZulu Natal is worth about R3.7 million, which is a decent size for a niche industry. Unfortunately, it's not growing, with zero year-on-year growth, so you'll need to compete for a share of the existing market. With only 5 suppliers currently operating in this space, it's relatively uncrowded, which could favour your organisation if you can offer something unique. The Department of... is the sole buyer, so building a relationship with them will be crucial. If I were you, I'd focus on getting your B-BBEE level in order, particularly considering that about 46% of the allocation goes to black-owned businesses, to increase your chances of securing a contract.

Market Size

R4M

Suppliers

5

Departments

1

Avg Transaction

R463K

Supplier Type Allocation

EME (< R10M)

0%

QSE (R10-50M)

0%

GE (> R50M)

0%

BEE Allocation

Black Owned

46.4%

Women Owned

29.1%

Youth Owned

23.9%

Disabled Owned

0.1%

Spending Trend

2018/19
R5M
2019/20
R19M
2020/21
R8M
2021/22
R13M
2022/23
R44M
2023/24
R18M
2024/25
R4M
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