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

The report covers South Africa Food Preservatives Market Suppliers and it is segmented by Type into natural and synthetic; and by Application into beverage, dairy & frozen product, bakery, meat, poultry & seafood, confectionery, sauces & salad mixes, and others.

South Africa Food Preservatives Market Size

Single User License

$4750

Team License

$5250

Corporate License

$8750

Book before:
View Global Report
South Africa food preservatives market
Study Period 2019 - 2029
Base Year For Estimation 2023
Forecast Data Period 2024 - 2029
Historical Data Period 2019 - 2022
CAGR 3.52 %
Market Concentration Low

Major Players

South Africa Food Preservatives Market Major Players

*Disclaimer: Major Players sorted in no particular order

Need a report that reflects how COVID-19 has impacted this market and its growth?

Single User License

$4750

Team License

$5250

Corporate License

$8750

Book before:

South Africa Food Preservatives Market Analysis

South Africa's food preservatives market is projected to grow, witnessing a CAGR of 3.52% during the forecast period (2020 - 2025).

  • The preservatives market in South Africa is largely driven by demand for convenience and packaged foods by the burgeoning population and rising urbanization rates.
  • Thee increase in the formal retail segment is driving the market for processed foods in the Sub Saharan region, thus driving the food preservatives market in the country. Furthermore, the supply chain complexity and low infrastructure in Africa are seen by manufacturers estimating a huge potential for the preservatives market to meet the food security and safety of the region, including South Africa.
  • The major constraint is the increased awareness of the ill effects of synthetic ingredients and growing consumer demand for fresh and natural foods. Companies are seeing this as an opportunity to innovate and provide solutions in the form of natural and functional ingredients.

South Africa Food Preservatives Market Trends

This section covers the major market trends shaping the South Africa Food Preservatives Market according to our research experts:

Increasing Consumer Inclination Toward Natural and Clean-label Products

The current market scenario describes the drive toward 'natural', clean label foodstuffs, that has become the single most important issue impacting the preservatives/antioxidants category. This has resulted in a threat to the traditional chemical preservatives from natural alternatives, such as rosemary extract, and others. Organic acids, such as sorbic and benzoic, have been widely used in the past. The availability of these acids in fruits, i.e., natural availability, has paved the way for clean label preservatives in the market.

Furthermore, producers have supported innovation and product launches by using organic acids such as sorbic and benzoic acids, as a natural clean labeled preservative, which is further fueling the market growth across the country. As a result of this trend, the demand for natural preservatives is expected to increase and therefore, in turn, will provide significant growth opportunities for players operating in the food and beverage industry across South Africa.

south-africa-food-preservatives-market1

Significant Applications in Meat, Poultry, and Seafood Industry

Leading food ingredient companies manufacturing food preservatives are eyeing meat, poultry, and seafood industry as a lucrative segment to grow. The growth of the meat, poultry, and seafood segment is driven by the continuous innovative preservation solutions which also includes natural-based preservative additives. For instance, ingredients that Corbion uses with vinegar for preserving meat products include jasmine tea extract, which is an antioxidant, and citrus powder, which prevents moisture migration out of the product.

Moreover, the growing market size for processed and preserved industry products in South Africa is determining the food preservatives market to grow in the forecast period.

south-africa-food-preservatives-market2

South Africa Food Preservatives Industry Overview

A few of the leading players in the South Africa food preservatives market include global players such as Corbion N.V., Kerry Group, Koninklijke DSM N.V., etc., and domestic players such as Crown National, Protea Chemicals, Cape Food Ingredients, and others. The key strategies used by companies include an increase in research and development expenditure to innovate products under the natural preservatives segment to meet the growing consumer preference.

South Africa Food Preservatives Market Leaders

  1. Corbion N.V.

  2. Koninklijke DSM N.V.

  3. Crown National

  4. Prime Pharma

  5. Cape Food Ingredients

  6. Kerry Group plc

*Disclaimer: Major Players sorted in no particular order

sacl.png
Need More Details on Market Players and Competitors?
Download PDF

South Africa Food Preservatives Market Report - Table of Contents

1. INTRODUCTION

  • 1.1 Study Deliverables and Study Assumptions
  • 1.2 Scope of the Study

2. RESEARCH METHODOLOGY

3. EXECUTIVE SUMMARY

4. MARKET DYNAMICS

  • 4.1 Market Drivers
  • 4.2 Market Restraints
  • 4.3 Porter's Five Forces Analysis
    • 4.3.1 Threat of New Entrants
    • 4.3.2 Bargaining Power of Buyers/Consumers
    • 4.3.3 Bargaining Power of Suppliers
    • 4.3.4 Threat of Substitute Products
    • 4.3.5 Intensity of Competitive Rivalry

5. MARKET SEGMENTATION

  • 5.1 By Type
    • 5.1.1 Natural
    • 5.1.2 Synthetic
  • 5.2 By Application
    • 5.2.1 Beverage
    • 5.2.2 Dairy & Frozen Product
    • 5.2.3 Bakery
    • 5.2.4 Meat, Poultry & Seafood
    • 5.2.5 Confectionery
    • 5.2.6 Sauces and Salad Mixes
    • 5.2.7 Others

6. COMPETITIVE LANDSCAPE

  • 6.1 Most Adopted Strategies
  • 6.2 Market Position Analysis
  • 6.3 Company Profiles
    • 6.3.1 Corbion N.V.
    • 6.3.2 Kerry Group plc
    • 6.3.3 Koninklijke DSM N.V.
    • 6.3.4 Crown National
    • 6.3.5 Protea Chemicals
    • 6.3.6 Prime Pharma
    • 6.3.7 Cape Food Ingredients
    • 6.3.8 Kayo Fine Chemicals
    • 6.3.9 Jungbunzlauer Ag
  • *List Not Exhaustive

7. MARKET OPPORTUNITIES AND FUTURE TRENDS

**Subject to Availability
You Can Purchase Parts Of This Report. Check Out Prices For Specific Sections
Get Price Break-up Now

South Africa Food Preservatives Industry Segmentation

The South Africa food preservatives market offers a variety of preservatives including natural and synthetic types applicable to beverage, dairy & frozen product, bakery, meat, poultry & seafood, confectionery, sauces & salad mixes, and other industries.

By Type Natural
Synthetic
By Application Beverage
Dairy & Frozen Product
Bakery
Meat, Poultry & Seafood
Confectionery
Sauces and Salad Mixes
Others
Need A Different Region Or Segment?
Customize Now

South Africa Food Preservatives Market Research FAQs

The South Africa Food Preservatives Market is projected to register a CAGR of 3.52% during the forecast period (2024-2029)

Corbion N.V., Koninklijke DSM N.V., Crown National, Prime Pharma, Cape Food Ingredients and Kerry Group plc are the major companies operating in the South Africa Food Preservatives Market.

The report covers the South Africa Food Preservatives Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the South Africa Food Preservatives Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.

Food Preservatives in South Africa Industry Report

Statistics for the 2024 Food Preservatives in South Africa market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Food Preservatives in South Africa analysis includes a market forecast outlook 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.

80% of our clients seek made-to-order reports. How do you want us to tailor yours?

Please enter a valid email id!

Please enter a valid message!

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