Food and Beverage Products
The market for Food and Beverage Products in KwaZulu Natal is worth about R45 million, which is a decent size. 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 71 suppliers already in the mix, it's a relatively crowded space, and you'll need to stand out to get noticed by the 9 departments that are buying. It's worth noting that the government is favouring businesses with strong black economic empowerment credentials, with 79% of the allocation going to black-owned businesses. If I were you, I'd make sure your organisation has a solid black economic empowerment programme in place to increase your chances of securing contracts in this market.
R45M
71
9
R499K
Supplier Type Allocation
EME (< R10M)
0%
QSE (R10-50M)
0%
GE (> R50M)
0%
BEE Allocation
79.0%
45.5%
21.4%
0.7%