Market Size of South Africa Food Sweetener Industry
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Historical Data Period | 2019 - 2022 |
| CAGR | 5.80 % |
| Market Concentration | Low |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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South Africa Food Sweetener Market Analysis
South Africa Food Sweeteners Market is forecasted to grow at a rate of 5.8%during the forecast period (2020- 2025).
- South African Food Sweetener market is the largest market in Africa holding around15% of the African market.
- The increasing levy on sugar is also a factor that leads the manufaturers to use sweeteners. Due to the increasing levy manufacturers are trying to reduce the sugar content, and in turn, the calorie content, but without compromising the taste of the final product.
- Even with high growth rates and higher consumption rates, consumers no longer want to consume artificial ingredients and controversy surrounding the possible health effects of artificial sweeteners are hindering the market.
