Africa Food Acidulants Market Size & Share Analysis - Growth Trends & Forecasts (2023 - 2028)

African food acidulant market is segmented by Type (Acetic Acid, Citric Acid, Lactic Acid, Phosphoric Acid, Malic Acid, and Others); by Application (Beverages, Dairy & Frozen products, Bakery, Meat Industry, Confectionery, and Others); and by Geography.

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Africa Food Acidulants Market Size

African Food Acidulant Market Summary
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Study Period 2018 - 2028
Base Year For Estimation 2022
Forecast Data Period 2023 - 2028
Historical Data Period 2018 - 2021
CAGR 7.80 %
Market Concentration Low

Major Players

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*Disclaimer: Major Players sorted in no particular order
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Africa Food Acidulants Market Analysis

Africa food acidulant market is projected to record a CAGR of 7.8% during the forecast period 2020-2025.

  • A wide scope of application in the food and beverage industry coupled with the range of functional benefits provided by food acidulants are key factors driving the food acidulants market in the region.
  • In addition, the robust growth in the food and beverage sector majorly supports the market world-wide. With the economic development along with changing consumer behavior in Africa, the region outshines as a promising market for the food and beverage industry supplementing the consumption of food acidulants.

Africa Food Acidulants Market Trends

This section covers the major market trends shaping the Africa Food Acidulants Market according to our research experts:

Wide application in growing confectionery market​

The advancement in the confectionery industry dedicated to health-oriented consumers with the development of low-calorie, organic products are gaining a large number of consumer base supplementing the growth of additives market including food acidulants. In addition, the booming demand for premium chocolates among work professionals and burgeoning millennials has significantly increased the chocolate consumption, globally. In confectioneries, malic acid is gaining popularity due to its multi-function properties of blending in fruit flavors and creating sourness. Hence, developing a considerable demand for specific acidulants in the industry.

africa food acidulants market

Citric Acid holds a Prominent Share in the market studied

Abundant availability, lower-cost production, wide application scope, and multi-functional attributes are few factors augmenting the growth of the citric acid market, in the African region. Since more than 50% of total citric acid produced is consumed in beverages, the industry accounts for leading consumers of the product in the food and beverage sector. In order to address the rising demand for citric acid across the globe, the manufacturers are setting up production units to supplement the global supply, which in turn is boosting the citric acid market.

africa acidulant market

Africa Food Acidulants Industry Overview

Companies are expanding their facilities and product portfolio, due to the growing demand for the confectionery and beverage segment in the African region. Some of the manufactures in the market studied are Brenntag, Cargill Inc, Jungbunzlauer AG , Hawkins Watts Limited among others.

Africa Food Acidulants Market Leaders

  1. Brenntag

  2. Cargill Inc

  3. Tate & Lyle

  4. Archer Daniels Midland Company

*Disclaimer: Major Players sorted in no particular order

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Africa Food Acidulants Market Report - Table of Contents

  1. 1. INTRODUCTION

    1. 1.1 Study Deliverables

    2. 1.2 Study Assumptions

    3. 1.3 Scope of the Study

  2. 2. RESEARCH METHODOLOGY

  3. 3. EXECUTIVE SUMMARY

  4. 4. MARKET DYNAMICS

    1. 4.1 Market Drivers

    2. 4.2 Market Restraints

    3. 4.3 Porter's Five Forces Analysis

      1. 4.3.1 Threat of New Entrants

      2. 4.3.2 Bargaining Power of Buyers/Consumers

      3. 4.3.3 Bargaining Power of Suppliers

      4. 4.3.4 Threat of Substitute Products

      5. 4.3.5 Intensity of Competitive Rivalry

  5. 5. MARKET SEGMENTATION

    1. 5.1 By Type

      1. 5.1.1 Citric Acid

      2. 5.1.2 Lactic Acid

      3. 5.1.3 Acetic Acid

      4. 5.1.4 Phosphoric Acid

      5. 5.1.5 Malic Acid

      6. 5.1.6 Others

    2. 5.2 By Application

      1. 5.2.1 Beverages

      2. 5.2.2 Dairy & Frozen products

      3. 5.2.3 Bakery

      4. 5.2.4 Meat Industry

      5. 5.2.5 Confectionery

      6. 5.2.6 Others

    3. 5.3 By Geography

      1. 5.3.1 South Africa

      2. 5.3.2 Rest of Africa

  6. 6. COMPETITIVE LANDSCAPE

    1. 6.1 Most Active Companies

    2. 6.2 Most Adopted Strategies

    3. 6.3 Market Share Analysis

    4. 6.4 Company Profiles

      1. 6.4.1 Brenntag

      2. 6.4.2 Cargill Inc

      3. 6.4.3 Jungbunzlauer AG

      4. 6.4.4 Tate & Lyle

      5. 6.4.5 Hawkins Watts Limited

      6. 6.4.6 Archer Daniels Midland Company

      7. 6.4.7 Corboin

    5. *List Not Exhaustive

  7. 7. MARKET OPPORTUNITIES AND FUTURE TRENDS

**Subject to Availability

Africa Food Acidulants Industry Segmentation

African food acidulant market is segmented by type, application, and geography. By type, the market is segmented into Acetic Acid, Citric Acid, Lactic Acid, Phosphoric Acid, Malic Acid, Others. On the basis of application, the market is segmented into Beverages, Dairy & Frozen products, Bakery, Meat Industry, Confectionery, Others. Based on geography, reports provide a regional analysis, which includes South Africa, and rest of Africa.

By Type
Citric Acid
Lactic Acid
Acetic Acid
Phosphoric Acid
Malic Acid
Others
By Application
Beverages
Dairy & Frozen products
Bakery
Meat Industry
Confectionery
Others
By Geography
South Africa
Rest of Africa

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Africa Food Acidulants Market Research FAQs

The Africa Food Acidulants Market is projected to register a CAGR of 7.8% during the forecast period (2023-2028).

Brenntag, Cargill Inc, Tate & Lyle and Archer Daniels Midland Company are the major companies operating in the Africa Food Acidulants Market.

Africa Food Acidulants Industry Report

Statistics for the 2023 Africa Food Acidulants market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Africa Food Acidulants analysis includes a market forecast outlook to 2028 and historical overview. Get a sample of this industry analysis as a free report PDF download.

Africa Food Acidulants Report Snapshots

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