Market Size of Africa Food Flavor and Enhancer Industry
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Historical Data Period | 2019 - 2022 |
| CAGR | 5.12 % |
| Market Concentration | High |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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Africa Food Flavours and Enhancers Market Analysis
The Africa food flavor and enhancer market is forecasted to witness a CAGR of 5.12% during the forecast period (2020 - 2025).
- Changing lifestyle of the Africans has led to an increase in the consumption of processed food where flavor enhancers are mostly used, has driven the food flavor enhancer market in Africa. Moreover, emergence of globalization and modernization, has changed the lifestyle of the people which in turn changed the food habits, thus further increasing the demand of the flavors and enhancers ingredients in the African market.
- However, considering the economies of majority of the African countries, the high cost involved in the production of natural flavours is the major restraining factor for the market. Additionally, natural flavours are less stable, thereby decreasing the shelf life of products.
