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Bakery And Cereal Breakfast – South Africa Binges On The South African bakery and cereals market had total revenues of $1,893.5m in 2018, representing a CAGR of 4.3% between 2014 and 2018. The market consumption volume increased with a CAGR of 1.0% between 2014 and 2018, to reach a total of 776.7 million kilograms in 2018.