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Chocolate (Confectionery) in South Africa Market Market Outlook, Geographical Segmentation, Industry Size & Share, Analysis to 2023 Chocolate market in South Africa registered a positive compound annual growth rate (CAGR) of 5.01% during the period 2013 to 2018 with a sales value of ZAR 6,978.63 Million in 2018, an increase of 5.09% over 2017.