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South Africa Acidulants Market Analysis, Industry [2031]
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South Africa Acidulants Market Analysis, Industry [2031]

Segments - South Africa Acidulants Market by Types (Citric Acid, Lactic Acid, Acetic Acid, and Others), Applications (Beverages, Dairy & Frozen Products, Bakery, Meat Industry, Confectionery, and Others), and Country - South Africa Industry Analysis, Growth, Share, Size, Trends, and Forecast 2023 – 2031

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Author : Anuradha B. More
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Fact-checked by : Vaibhav Chandola
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Editor : Shruti Bhat

Upcoming | Report ID :FB-1680 | 4.9 Rating | 76 Reviews | 186 Pages | Format : PDF Excel PPT

Report Description


The South Africa Acidulants Market size was valued at USD XX Billion in 2022 and is expected to surpass USD XX Billion by 2031, expanding at a CAGR of 7.8% during the forecast period, 2023 – 2031. The growth of the market is attributed to the rising demand for processed food products owing to increasing population and shifting consumer lifestyle.

Acidulants are chemical compounds that can add sour, tart, or acidic flavor to the foods. They differ from acidity regulator as they are food additives, which intend to modify the stability of the food. Acidulants selection depends upon the application of processed food. Acidulants acts as a food preservative that inhibit the growth of the microbes. Moreover, it controls the acidity and pH of the food and beverage as well as regulates the flavor, color and moisture levels in food, such as dairy products, meat, and seafood.

South Africa Acidulants Market Outlook

Acidulants helps in countering the sweet taste of sugar and sugar replacers, and also enhances the impact of flavors. These chemical compounds can act as neutralizing agents, and buffering agents or bases. Acidulants possesses the properties, such as flavoring agent, preservatives, chelating agent, buffer, gelling agent, and coagulating agent.

  • Increasing number of retailers and retail channels led to growing consumer access to process and convenience foods, which is anticipated to drive the market growth.

  • Rising demand for confectionery food products is estimated to spur the market expansion in the coming years.

  • Increasing utilization of fermentation technology for the production of significant food acidulants is one of the key factors driving the market growth.

  • Growing health consciousness is expected to spur the growth of the market.

  • Increasing demand for acidulants by the food and beverage industry in South Africa is projected to spur the market growth.

  • Acidulants are used as preservatives to extend the shelf life of products, propelling the market growth.

  • Disruption in the supply chain distribution of the ingredients is anticipated to hamper the growth of the market during the forecast period.

  • Rising technological advancements and investment in R&D activities on acidulants by biotechnological companies are anticipated to create significant market growth opportunities.

Scope of the Report

The report on the South Africa acidulants market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.

Attributes

Details

Report Title

South Africa Acidulants Market - Industry Analysis, Growth, Share, Size, Trends, and Forecast

Base Year

2022

Historic Data

2016–2021

Forecast Period

2023–2031

Segmentation

Types (Citric Acid, Lactic Acid, Acetic Acid, and Others), Applications (Beverages, Dairy & Frozen Products, Bakery, Meat Industry, Confectionery, and Others)

Geographical Zone

South Africa

Report Coverage

Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast

Key Players Covered in the Report

Corbion N.V., Archer Daniels Midland Company, Cargill, Incorporated, Tate & Lyle PLC, and Isegen South Africa (Pty) Ltd.

 

South Africa Acidulants Market Segment Insights

Citric acid segment is projected to represent a large market share

On the basis of types, the market is divided into citric acid, lactic acid, acetic acid, and others. The citric acid segment is expected to account for a major market share in the coming years due to its increasing use in the food and beverage sector. It is applicable in preparations of jams and jellies. Citric acid can be produce commercially through the fermentation process.

Confectionery segment is expected to grow at a significant pace

Based on applications, the South Africa acidulants market is segmented into beverages, dairy & frozen products, bakery, meat industry, confectionery, and others. The confectionery segment is expected to grow at a robust pace during the forecast period. Food acidulants including malic acid, fumaric acid, lactic acid, and citric acid are used in the confectionery industry. Acidulants, such as lactic acids and lactates are used to make confectionery candies. The benefits of food acidulants and its increasing awareness among the end-user industry is anticipated to drive the market segment growth.

South Africa Acidulants Market Applications

Segments

The South Africa acidulants market has been segmented on the basis of

Types

  • Citric Acid
  • Lactic Acid
  • Acetic Acid
  • Others

Applications

  • Beverages
  • Dairy & Frozen Products
  • Bakery
  • Meat Industry
  • Confectionery
  • Others

Country

  • South Africa

Key Players

  • Corbion N.V.
  • Archer Daniels Midland Company
  • Cargill Incorporated
  • Tate & Lyle PLC
  • Isegen South Africa (Pty) Ltd

Competitive Landscape

Key players competing in the South Africa acidulants market include Corbion N.V., Archer Daniels Midland Company, Cargill, Incorporated, Tate & Lyle PLC, and Isegen South Africa (Pty) Ltd.

Companies are engaging in acquisitions and partnerships to expand their market share. Moreover, they’re expanding their product capacity to cater to the growing demand across the globe.

South Africa Acidulants Market Key Players

Table Of Content

1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Acidulants Market Overview
  4.1. Introduction
     4.1.1. Market Taxonomy
     4.1.2. Market Definition
  4.2. Macro-Economic Factors
     4.2.1. Industry Outlook
  4.3. Acidulants Market Dynamics
     4.3.1. Market Drivers
     4.3.2. Market Restraints
     4.3.3. Opportunity
     4.3.4. Market Trends
  4.4. Acidulants Market - Supply Chain
  4.5. Global Acidulants Market Forecast
     4.5.1. Acidulants Market Size (US$ Mn) and Y-o-Y Growth
     4.5.2. Acidulants Market Size (000’ Units) and Y-o-Y Growth
     4.5.3. Acidulants Market Absolute $ Opportunity
5. Global Acidulants Market Analysis and Forecast by Types
  5.1. Market Trends
  5.2. Introduction
     5.2.1. Basis Point Share (BPS) Analysis by Types
     5.2.2. Y-o-Y Growth Projections by Types
  5.3. Acidulants Market Size and Volume Forecast by Types
     5.3.1. Citric Acid
     5.3.2. Lactic Acid
     5.3.3. Acetic Acid
     5.3.4. Others
  5.4. Absolute $ Opportunity Assessment by Types
  5.5. Market Attractiveness/Growth Potential Analysis by Types
6. Global Acidulants Market Analysis and Forecast by Applications
  6.1. Market Trends
  6.2. Introduction
     6.2.1. Basis Point Share (BPS) Analysis by Applications
     6.2.2. Y-o-Y Growth Projections by Applications
  6.3. Acidulants Market Size and Volume Forecast by Applications
     6.3.1. Beverages
     6.3.2. Dairy & Frozen Products
     6.3.3. Bakery
     6.3.4. Meat Industry
     6.3.5. Confectionery
     6.3.6. Others
  6.4. Absolute $ Opportunity Assessment by Applications
  6.5. Market Attractiveness/Growth Potential Analysis by Applications
7. Global Acidulants Market Analysis and Forecast by Region
  7.1. Market Trends
  7.2. Introduction
     7.2.1. Basis Point Share (BPS) Analysis by Region
     7.2.2. Y-o-Y Growth Projections by Region
  7.3. Acidulants Market Size and Volume Forecast by Region
     7.3.1. North America
     7.3.2. Latin America
     7.3.3. Europe
     7.3.4. Asia Pacific
     7.3.5. Middle East and Africa (MEA)
  7.4. Absolute $ Opportunity Assessment by Region
  7.5. Market Attractiveness/Growth Potential Analysis by Region
  7.6. Global Acidulants Demand Share Forecast, 2019-2026
8. North America Acidulants Market Analysis and Forecast
  8.1. Introduction
     8.1.1. Basis Point Share (BPS) Analysis by Country
     8.1.2. Y-o-Y Growth Projections by Country
  8.2. North America Acidulants Market Size and Volume Forecast by Country
     8.2.1. U.S.
     8.2.2. Canada
  8.3. Absolute $ Opportunity Assessment by Country
  8.4. North America Acidulants Market Size and Volume Forecast by Types
     8.4.1. Citric Acid
     8.4.2. Lactic Acid
     8.4.3. Acetic Acid
     8.4.4. Others
  8.5. Basis Point Share (BPS) Analysis by Types
  8.6. Y-o-Y Growth Projections by Types
  8.7. North America Acidulants Market Size and Volume Forecast by Applications
     8.7.1. Beverages
     8.7.2. Dairy & Frozen Products
     8.7.3. Bakery
     8.7.4. Meat Industry
     8.7.5. Confectionery
     8.7.6. Others
  8.8. Basis Point Share (BPS) Analysis by Applications
  8.9. Y-o-Y Growth Projections by Applications
  8.10. Market Attractiveness/Growth Potential Analysis
     8.10.1. By Country
     8.10.2. By Product Type
     8.10.3. By Application
  8.11. North America Acidulants Demand Share Forecast, 2019-2026
9. Latin America Acidulants Market Analysis and Forecast
  9.1. Introduction
     9.1.1. Basis Point Share (BPS) Analysis by Country
     9.1.2. Y-o-Y Growth Projections by Country
     9.1.3. Latin America Average Pricing Analysis
  9.2. Latin America Acidulants Market Size and Volume Forecast by Country
      9.2.1. Brazil
      9.2.2. Mexico
      9.2.3. Rest of Latin America
   9.3. Absolute $ Opportunity Assessment by Country
  9.4. Latin America Acidulants Market Size and Volume Forecast by Types
     9.4.1. Citric Acid
     9.4.2. Lactic Acid
     9.4.3. Acetic Acid
     9.4.4. Others
  9.5. Basis Point Share (BPS) Analysis by Types
  9.6. Y-o-Y Growth Projections by Types
  9.7. Latin America Acidulants Market Size and Volume Forecast by Applications
     9.7.1. Beverages
     9.7.2. Dairy & Frozen Products
     9.7.3. Bakery
     9.7.4. Meat Industry
     9.7.5. Confectionery
     9.7.6. Others
  9.8. Basis Point Share (BPS) Analysis by Applications
  9.9. Y-o-Y Growth Projections by Applications
  9.10. Market Attractiveness/Growth Potential Analysis
     9.10.1. By Country
     9.10.2. By Product Type
     9.10.3. By Application
  9.11. Latin America Acidulants Demand Share Forecast, 2019-2026
10. Europe Acidulants Market Analysis and Forecast
  10.1. Introduction
     10.1.1. Basis Point Share (BPS) Analysis by Country
     10.1.2. Y-o-Y Growth Projections by Country
     10.1.3. Europe Average Pricing Analysis
  10.2. Europe Acidulants Market Size and Volume Forecast by Country
     10.2.1. Germany
     10.2.2. France
     10.2.3. Italy
     10.2.4. U.K.
     10.2.5. Spain
     10.2.6. Russia
     10.2.7. Rest of Europe
  10.3. Absolute $ Opportunity Assessment by Country
  10.4. Europe Acidulants Market Size and Volume Forecast by Types
     10.4.1. Citric Acid
     10.4.2. Lactic Acid
     10.4.3. Acetic Acid
     10.4.4. Others
  10.5. Basis Point Share (BPS) Analysis by Types
  10.6. Y-o-Y Growth Projections by Types
  10.7. Europe Acidulants Market Size and Volume Forecast by Applications
     10.7.1. Beverages
     10.7.2. Dairy & Frozen Products
     10.7.3. Bakery
     10.7.4. Meat Industry
     10.7.5. Confectionery
     10.7.6. Others
  10.8. Basis Point Share (BPS) Analysis by Applications
  10.9. Y-o-Y Growth Projections by Applications
  10.10. Market Attractiveness/Growth Potential Analysis
     10.10.1. By Country
     10.10.2. By Product Type
     10.10.3. By Application
  10.11. Europe Acidulants Demand Share Forecast, 2019-2026
11. Asia Pacific Acidulants Market Analysis and Forecast
  11.1. Introduction
     11.1.1. Basis Point Share (BPS) Analysis by Country
     11.1.2. Y-o-Y Growth Projections by Country
     11.1.3. Asia Pacific Average Pricing Analysis
  11.2. Asia Pacific Acidulants Market Size and Volume Forecast by Country
     11.2.1. China
     11.2.2. Japan
     11.2.3. South Korea
     11.2.4. India
     11.2.5. Australia
     11.2.6. Rest of Asia Pacific (APAC)
  11.3. Absolute $ Opportunity Assessment by Country
  11.4. Asia Pacific Acidulants Market Size and Volume Forecast by Types
     11.4.1. Citric Acid
     11.4.2. Lactic Acid
     11.4.3. Acetic Acid
     11.4.4. Others
  11.5. Basis Point Share (BPS) Analysis by Types
  11.6. Y-o-Y Growth Projections by Types
  11.7. Asia Pacific Acidulants Market Size and Volume Forecast by Applications
     11.7.1. Beverages
     11.7.2. Dairy & Frozen Products
     11.7.3. Bakery
     11.7.4. Meat Industry
     11.7.5. Confectionery
     11.7.6. Others
  11.8. Basis Point Share (BPS) Analysis by Applications
  11.9. Y-o-Y Growth Projections by Applications
  11.10. Market Attractiveness/Growth Potential Analysis
     11.10.1. By Country
     11.10.2. By Product Type
     11.10.3. By Application
  11.11. Asia Pacific Acidulants Demand Share Forecast, 2019-2026
12. Middle East & Africa Acidulants Market Analysis and Forecast
  12.1. Introduction
     12.1.1. Basis Point Share (BPS) Analysis by Country
     12.1.2. Y-o-Y Growth Projections by Country
     12.1.3. Middle East & Africa Average Pricing Analysis
  12.2. Middle East & Africa Acidulants Market Size and Volume Forecast by Country
     12.2.1. Saudi Arabia
     12.2.2. South Africa
     12.2.3. UAE
     12.2.4. Rest of Middle East & Africa (MEA)
  12.3. Absolute $ Opportunity Assessment by Country
  12.4. Middle East & Africa Acidulants Market Size and Volume Forecast by Types
     12.4.1. Citric Acid
     12.4.2. Lactic Acid
     12.4.3. Acetic Acid
     12.4.4. Others
  12.5. Basis Point Share (BPS) Analysis by Types
  12.6. Y-o-Y Growth Projections by Types
  12.7. Middle East & Africa Acidulants Market Size and Volume Forecast by Applications
     12.7.1. Beverages
     12.7.2. Dairy & Frozen Products
     12.7.3. Bakery
     12.7.4. Meat Industry
     12.7.5. Confectionery
     12.7.6. Others
  12.8. Basis Point Share (BPS) Analysis by Applications
  12.9. Y-o-Y Growth Projections by Applications
  12.10. Market Attractiveness/Growth Potential Analysis
     12.10.1. By Country
     12.10.2. By Product Type
     12.10.3. By Application
  12.11. Middle East & Africa Acidulants Demand Share Forecast, 2019-2026
13. Competition Landscape
  13.1. Global Acidulants Market: Market Share Analysis
  13.2. Acidulants Distributors and Customers
  13.3. Acidulants Market: Competitive Dashboard
  13.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
     13.4.1. Corbion N.V.
     13.4.2. Archer Daniels Midland Company
     13.4.3. Cargill, Incorporated
     13.4.4. Tate & Lyle PLC
     13.4.5. Isegen South Africa (Pty) Ltd

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