South Africa Food Additives Market-Growth, Trends & Forecast (2020 - 2025)

South Africa Food Additives Market is segmented by Type (Preservatives, Sweeteners, Hydrocolloids, Colorants, and Other Types), and By Application (Dairy & Frozen Food, Bakery, Meat Products, Beverages, Confectionery, and Other Applications)

Market Snapshot

South Africa Food Additives Market Summary
Study Period: 2016-2025
Base Year: 2019
CAGR: 6.19 %

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Market Overview

South Africa Food Additives Market is projected to register a CAGR of 6.19% during the forecast period (2020-2025).

  • The market is driven by the extensive use of additives in food & beverage sector for different functioning, such as preservative, flavor enhancer, emulsifier, sweetener, colorant, and many other functions. Also, the rising demand for convenience and packaged foods where additives are used in a higher quantity is further fueling the market growth.
  • South African market is a growing market as its also one of the emerging countries which is very conscious of health and wellness. Their thirst for convenience foods is high which ultimately gives boost to food additive market. In the processed and packaged foods, ensuring food safety and quality starting from transportation to farm to fork and storage facilities is a major concern.

Scope of the Report

South Africa Food Additives Market is segmented by Type and Application. On the basis of Type, the market is segmented into Preservatives, Sweeteners, Hydrocolloids, Food Colorants, Sugar Substitutes, Emulsifiers, Anti-Caking Agents, Enzymes, Food Flavors and Enhancers, and Acidulants. On the basis of Application, the market is segmented into Confectionery, Dairy & Frozen Products, Bakery, Meat Products, Beverages, and Other Applications.

By Type
Preservatives
Sweetener
Sugar Substitutes
Emulsifier
Anti-Caking Agents
Enzymes
Hydrocolloids
Food Flavors and Enhancers
Food Colorants
Acidulants
By Application
Confectionery
Bakery Products
Dairy & Frozen Food
Beverages
Meat, Poultry, and Sea Food
Other Applications

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Key Market Trends

Growing Demand for Retail Food

Food retail is a highly competitive industry,  in developing countries. Increased number of retailers, retail channels and formats are increasing consumer access to process and convenience foods, further increasing demand for food additives by the food & beverage industry in South Africa. While providing consumers with competitive price, quality and services, organized retail sector exposes consumer to label information, and quality comparison with both private labels and branded products is boosting the retail food market in South Africa.

south-africa-food-additives-market-industry

Growing Demand for Sugar Substitutes

Sugar substitutes are food additives that are used to duplicate the effect of sugar in taste, usually with less food energy. The majority of sugar substitutes approved for food use are artificially-synthesized compounds. However, some bulk natural sugar substitutes are known, including sorbitol and xylitol, which are found in berries, fruit, vegetables, and mushrooms. Sugar substitutes like stevia, aspartame, sucralose, neotame, acesulfame potassium, and saccharin are approved by USDA and are categorized under GRAS.
 

south-africa-food-additives-market-industry

Competitive Landscape

South Africa Food Additives Market is fragmented with fierce competition between global and local players. Acceptance of convenience and package foods in the African regions is seeing demand, for food and beverage additives. The major players in the market are Cargill Inc, Tate & Lyle, Archer Daniels Midland Company, Dupont- Danisco, Kerry Inc. etc. The strategies being adopted in the Food additives industry is in the Innovation category under the development of natural food additives and functional food ingredients to meet the customer demand.

Table of Contents

  1. 1. INTRODUCTION

    1. 1.1 Study Assumptions & Market Definition

    2. 1.2 Scope of the Study

  2. 2. RESEARCH METHODOLOGY

  3. 3. EXECUTIVE SUMMARY

    1. 3.1 Market Overview

  4. 4. MARKET DYNAMICS

    1. 4.1 Market Drivers

    2. 4.2 Market Restraints

    3. 4.3 Porter's Five Force 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 Preservatives

      2. 5.1.2 Sweetener

      3. 5.1.3 Sugar Substitutes

      4. 5.1.4 Emulsifier

      5. 5.1.5 Anti-Caking Agents

      6. 5.1.6 Enzymes

      7. 5.1.7 Hydrocolloids

      8. 5.1.8 Food Flavors and Enhancers

      9. 5.1.9 Food Colorants

      10. 5.1.10 Acidulants

    2. 5.2 By Application

      1. 5.2.1 Confectionery

      2. 5.2.2 Bakery Products

      3. 5.2.3 Dairy & Frozen Food

      4. 5.2.4 Beverages

      5. 5.2.5 Meat, Poultry, and Sea Food

      6. 5.2.6 Other Applications

  6. 6. COMPETITIVE LANDSCAPE

    1. 6.1 Most Adopted Strategies

    2. 6.2 Market Share Analysis

    3. 6.3 Company Profiles

      1. 6.3.1 Cargill, Incorporated

      2. 6.3.2 Kerry Inc.

      3. 6.3.3 Corbion NV

      4. 6.3.4 Tate & Lyle

      5. 6.3.5 Archer Daniels Midland Company

      6. 6.3.6 Dupont- Danisco

      7. 6.3.7 Novozymes

      8. 6.3.8 Koninklijke DSM N.V.

  7. 7. MARKET OPPORTUNITIES AND FUTURE TRENDS

**Subject to Availability

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Frequently Asked Questions

The South Africa Food Additives Market market is studied from 2016 - 2025.

The South Africa Food Additives Market is growing at a CAGR of 6.19% over the next 5 years.

Cargill, Incorporated, Kerry Inc., Corbion NV, Tate & Lyle are the major companies operating in South Africa Food Additives Market.

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