The market for Food and Beverage Products is a significant one, with the government spending about R137 million on it nationwide. This market is quite crowded, with 514 suppliers competing for contracts across 34 different government departments. What's interesting is that the market size has remained steady, with no year-on-year growth, so you'll need to be strategic to get a foothold. It's also worth noting that the government has a strong favour towards businesses with a high level of black ownership, with about 79% of the allocation going to these organisations. If I were you, I'd focus on building relationships with key decision-makers in departments like the Department of Health or the Department of Education, which likely have a large budget for food and beverage products.
R137M
514
34
R195K
Supplier Type Allocation
EME (< R10M)
0%
QSE (R10-50M)
0%
GE (> R50M)
0%
BEE Allocation
79.0%
45.5%
21.4%
0.7%