The market for food and nutrition services is a significant one, with the government spending about R167 million on it nationwide. This market is relatively stable, with no year-on-year growth, which could indicate that it's not getting more competitive in terms of overall spend. However, with only 10 suppliers currently serving 5 different government departments, it's a fairly crowded space, so you'd need to differentiate your business to stand out. It's also worth noting that the government has a strong focus on supporting black-owned, women-owned, and youth-owned businesses in this space, with over 65% of the allocation going to black-owned businesses. If I were you, I'd make sure your organisation is prepared to meet the government's Black Economic Empowerment requirements and target your marketing efforts accordingly to increase your chances of success in this market.
R168M
10
5
R11M
Supplier Type Allocation
EME (< R10M)
0%
QSE (R10-50M)
0%
GE (> R50M)
0%
BEE Allocation
65.1%
34.1%
21.0%
2.6%