South Africa Food Colorants Market Size

Statistics for the 2023 & 2024 South Africa Food Colorants market size, created by Mordor Intelligence™ Industry Reports. South Africa Food Colorants size report includes a market forecast to 2029 and historical overview. Get a sample of this industry size analysis as a free report PDF download.

Market Size of South Africa Food Colorants Industry

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Market Snapshot1
Study Period 2019 - 2029
Base Year For Estimation 2023
Forecast Data Period 2024 - 2029
Historical Data Period 2019 - 2022
CAGR 4.60 %
Market Concentration High

Major Players

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*Disclaimer: Major Players sorted in no particular order

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South Africa Food Colorants Market Analysis

The South Africa Food Colorants Market is expected to grow at a CAGR of 4.6% during the forecast period, 2020 to 2025.

  • The market is driven by easily available raw materials which include fruits & vegetables. Growing food safety concerns in the African food markets are pressurizing manufacturing to adopt clean labels.
  • The major restrain the industry faces is the growing awareness of the ill effects of synthetic colors. This has triggered the demand for natural colors, which have high costs when compared to synthetic colors. The increasing disposable incomes, changing lifestyles in emerging countries are driving demand for processed foods and to attract the target segment companies tend to add food colorants, mostly driven by consumer interest.

South Africa Food Coloring Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)