Market Size of South Africa Food Emulsifiers Industry
Study Period | 2019 - 2029 |
Base Year For Estimation | 2023 |
Forecast Data Period | 2024 - 2029 |
Historical Data Period | 2019 - 2022 |
CAGR | 3.60 % |
Market Concentration | Medium |
Major Players*Disclaimer: Major Players sorted in no particular order |
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South Africa Food Emulsifiers Market Analysis
The South African food emulsifier market is projected to register a CAGR of 3.6% during the forecast period (2020-2025).
- The market is driven by its functional properties, such as moisture absorption functionality, which aids food products in maintaining its organoleptic properties and enhances the shelf-life in food manufacturing and processing. Thus, the high versatility of anti-caking agents is anticipated to strengthen its demand during the forecast period. These food emulsifiers have applications in various food industries, such as bakery, dairy products, soups and sauces, seasoning and condiments, and other applications. In addition, increasing demand for convenience food is contributing to the growth of market growth.
- However, several health hazards and side-effects associated with synthetic food emulsifiers are anticipated to impact the growth of the market negatively.