Africa Food Additives Market cover

Africa Food Additives Market by Types (Preservatives, Sweeteners, Sugar Substitutes, Emulsifiers, Anti- caking Agents, Enzymes, Hydrocolloids, Food Flavors & Enhancers, Food Colorants, and Acidulants), Applications (Bakery & Confectionery, Dairy, Beverages, Meat, Poultry & Sea Foods, and Others), and Geography (South Africa, Nigeria, Algeria, and Rest of Africa) - Industry Analysis, Growth, Share, Size, Trends, and Forecast 2021 – 2028

  • Report ID: FB-2078
  • Author: Growth Market Reports
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  • No. Of Pages: 193
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The Africa food additives market size is projected to expand at a significant CAGR during the forecast period, 2021–2028. The growth of the market is attributed to increasing awareness towards healthy diet, rapid development in food and beverage sectors, and improved economic stability.


Africa Food Additives Market summary

Food additives are substances that improve the taste, color, smell and aroma of food. Dietary supplements are used for specific functional requirements, such as improving stability, preservation, etc. Many new dietary supplements have recently been developed to meet the growing demand, especially the demand for processed foods. Natural food additives are extracted from natural raw materials such as plants, animals, and minerals. Various synthetic food additives are also commercially available. These food additives are natural and synthetic Natural form: Salt, sugar, oil, spices, vinegar, etc. are natural food additives that have been used to taste and preserve food for centuries.

Additives keep food fresh and prevent it from spoiling. They prevent bacteria and viruses from growing on food. To assist extend the shelf life of goods, salt and other natural additives are added. As a result, additives aid in the preservation of food quality for a long period of time.

Market Trends, Drivers, Restraints, and Opportunities

  • Rising demand for packaged and prepared foods is projected to boost the market.
  • Increased use of additives in beverages and food sector is the major factors fueling the market.
  • Rising concerns about food safety due to contamination and rising health concerns are key factors fueling the market. 
  • High cost of natural food additives is expected to hamper the market growth.
  • Stringent government laws act as major challenge that can hinder the market expansion in the coming years. 
  • R&D investment and development of exotic flavors and high nutritional products is projected to offer lucrative opportunities for the market players.

Scope of the Report

The report on the Africa food additives 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

Food Additives Market - Industry Analysis, Growth, Share, Size, Trends, and Forecast

Base Year

2020

Historic Data

2018–2019

Forecast Period

2021–2028

Segmentation

Types (Preservatives, Sweeteners, Sugar Substitutes, Emulsifiers, Anti-caking Agents, Enzymes, Hydrocolloids, Food Flavors & Enhancers, Food Colorants, and Acidulants), and Applications (Bakery &Confectionery, Dairy, Beverages, Meat, Poultry & Sea Foods, and Others)

Regional Scope

South Africa, Nigeria, Algeria, and Others

Report Coverage

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

Key Players Covered in the Report

The Dow Chemical Company; Ingredion Incorporated; Tate & Lyle PLC; Chemsystems; Cargill Incorporated; and CP Kelco US, Inc.

 

Market Segment Insights

Sweeteners segment is projected to hold a major market share

Based on types, the food additives market is segmented into sweeteners, emulsifiers, anti-caking agents, preservatives, enzymes, hydrocolloids, sugar substitutes, food flavors & enhancers, food colorants, and acidulants. The sweetener segment is expected to represent a key share of the market during the forecast period owing to the sweetener market is one of the most popular and fastest-growing markets in African countries. The sweeteners segment accounts for a key share of the market. Growth of the market is attributed to increasing population, rising awareness towards healthy diet, rapid development in food and beverage sectors, and improved economic stability. However, the acidulants segment is anticipated to expand at a rapid pace during the forecast period due to factors such as improved standard of living, increasing demand for acidulants products, rising demand for beverages and food products prepared from safe additives, and increasing consumption of prepared food.


Africa Food Additives Market types

Bakery & Confectionery segment is expected to expand at a significant pace

In terms of applications, the food additives market is segmented into dairy, poultry & sea foods, beverages, meat, bakery & confectionery, and others. The bakery & confectionery segment is expected to hold a key share of the market during the forecast period. Africa’s population has a wide range of likes and inclinations. As a result, manufacturers are always developing and expanding their product variety in order to suit the changing needs of consumers. On the other hand, the meat industry segment is anticipated to expand at a rapid pace during the forecast period due to increasing meat production & consumption, rising demand for protein-rich foods, and growing demand for ready-to-eat food. In addition, factors such as changing lifestyle, increased disposable income, and population growth are expected to increase the demand for high nutrient value foods which may further increase the demand for food additives during the forecast period.

South Africa is anticipated to dominate the market

On the basis of geography, the food additives market is classified as South Africa, Algeria, Nigeria, and Rest of Africa. The market in South Africa is anticipated to dominate the market during the forecast period. The regional market growth can be attributed to growing demand for semi-finished products. In addition, consumers’ awareness of the health hazards of artificial ingredients continues to increase, leading to an increase in the number of clean label ingredients. In the field of food and beverages, manufacturers operating in the country are pursuing a strategy of using functional additives with clean labels, thereby stimulating the growth of demand in the global food additives market.


Africa Food Additives Market geography

Segments

Segments Covered in the Report

The Africa food additives market has been segmented on the basis of

Types

  • Preservatives
  • Sweeteners
  • Sugar Substitutes
  • Emulsifiers
  • Anti-caking Agents
  • Enzymes
  • Hydrocolloids
  • Food Flavors & Enhancers
  • Food Colorants
  • Acidulants

Applications

  • Bakery &Confectionery
  • Dairy
  • Beverages
  • Meat
  • Poultry & Sea Foods
  • Others

Geography

  • South Africa
  • Nigeria
  • Algeria
  • Rest of Africa

Key Players

  • The Dow Chemical Company
  • Ingredion Incorporated
  • Tate & Lyle PLC
  • Chemsystems
  • Cargill Incorporated
  • CP Kelco US, Inc.

Competitive Landscape

Key players competing in the Africa food additives market include The Dow Chemical Company; Ingredion Incorporated; Tate & Lyle PLC; Chemsystems; Cargill Incorporated; and CP Kelco US, Inc.
Some of these players are using several market strategies including mergers, acquisitions, partnerships, collaborations, capacity expansion, and product launches to increase their market shares.

Africa Food Additives Market keyplayers
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Food Additives 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. Food Additives Market Dynamics
     4.3.1. Market Drivers
     4.3.2. Market Restraints
     4.3.3. Opportunity
     4.3.4. Market Trends
  4.4. Food Additives Market - Supply Chain
  4.5. Global Food Additives Market Forecast
     4.5.1. Food Additives Market Size (US$ Mn) and Y-o-Y Growth
     4.5.2. Food Additives Market Size (000’ Units) and Y-o-Y Growth
     4.5.3. Food Additives Market Absolute $ Opportunity
5. Global Food Additives Market Analysis and Forecast by Region
  5.1. Market Trends
  5.2. Introduction
     5.2.1. Basis Point Share (BPS) Analysis by Region
     5.2.2. Y-o-Y Growth Projections by Region
  5.3. Food Additives Market Size and Volume Forecast by Region
     5.3.1. North America
     5.3.2. Latin America
     5.3.3. Europe
     5.3.4. Asia Pacific
     5.3.5. Middle East and Africa (MEA)
  5.4. Absolute $ Opportunity Assessment by Region
  5.5. Market Attractiveness/Growth Potential Analysis by Region
  5.6. Global Food Additives Demand Share Forecast, 2019-2026
6. North America Food Additives Market Analysis and Forecast
  6.1. Introduction
     6.1.1. Basis Point Share (BPS) Analysis by Country
     6.1.2. Y-o-Y Growth Projections by Country
  6.2. North America Food Additives Market Size and Volume Forecast by Country
     6.2.1. U.S.
     6.2.2. Canada
  6.3. Absolute $ Opportunity Assessment by Country
  6.4. Market Attractiveness/Growth Potential Analysis
     6.4.1. By Country
     6.4.2. By Product Type
     6.4.3. By Application
  6.5. North America Food Additives Demand Share Forecast, 2019-2026
7. Latin America Food Additives Market Analysis and Forecast
  7.1. Introduction
     7.1.1. Basis Point Share (BPS) Analysis by Country
     7.1.2. Y-o-Y Growth Projections by Country
     7.1.3. Latin America Average Pricing Analysis
  7.2. Latin America Food Additives Market Size and Volume Forecast by Country
      7.2.1. Brazil
      7.2.2. Mexico
      7.2.3. Rest of Latin America
   7.3. Absolute $ Opportunity Assessment by Country
  7.4. Market Attractiveness/Growth Potential Analysis
     7.4.1. By Country
     7.4.2. By Product Type
     7.4.3. By Application
  7.5. Latin America Food Additives Demand Share Forecast, 2019-2026
8. Europe Food Additives 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
     8.1.3. Europe Average Pricing Analysis
  8.2. Europe Food Additives Market Size and Volume Forecast by Country
     8.2.1. Germany
     8.2.2. France
     8.2.3. Italy
     8.2.4. U.K.
     8.2.5. Spain
     8.2.6. Russia
     8.2.7. Rest of Europe
  8.3. Absolute $ Opportunity Assessment by Country
  8.4. Market Attractiveness/Growth Potential Analysis
     8.4.1. By Country
     8.4.2. By Product Type
     8.4.3. By Application
  8.5. Europe Food Additives Demand Share Forecast, 2019-2026
9. Asia Pacific Food Additives 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. Asia Pacific Average Pricing Analysis
  9.2. Asia Pacific Food Additives Market Size and Volume Forecast by Country
     9.2.1. China
     9.2.2. Japan
     9.2.3. South Korea
     9.2.4. India
     9.2.5. Australia
     9.2.6. Rest of Asia Pacific (APAC)
  9.3. Absolute $ Opportunity Assessment by Country
  9.4. Market Attractiveness/Growth Potential Analysis
     9.4.1. By Country
     9.4.2. By Product Type
     9.4.3. By Application
  9.5. Asia Pacific Food Additives Demand Share Forecast, 2019-2026
10. Middle East & Africa Food Additives 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. Middle East & Africa Average Pricing Analysis
  10.2. Middle East & Africa Food Additives Market Size and Volume Forecast by Country
     10.2.1. Saudi Arabia
     10.2.2. South Africa
     10.2.3. UAE
     10.2.4. Rest of Middle East & Africa (MEA)
  10.3. Absolute $ Opportunity Assessment by Country
  10.4. Market Attractiveness/Growth Potential Analysis
     10.4.1. By Country
     10.4.2. By Product Type
     10.4.3. By Application
  10.5. Middle East & Africa Food Additives Demand Share Forecast, 2019-2026
11. Competition Landscape
  11.1. Global Food Additives Market: Market Share Analysis
  11.2. Food Additives Distributors and Customers
  11.3. Food Additives Market: Competitive Dashboard
  11.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
     11.4.1. The Dow Chemical Company
     11.4.2. Ingredion Incorporated
     11.4.3. Tate & Lyle PLC
     11.4.4. Chemsystems
     11.4.5. Cargill Incorporated
     11.4.6. CP Kelco US, Inc.

Segments Covered in the Report

The Africa food additives market has been segmented on the basis of

Types

  • Preservatives
  • Sweeteners
  • Sugar Substitutes
  • Emulsifiers
  • Anti-caking Agents
  • Enzymes
  • Hydrocolloids
  • Food Flavors & Enhancers
  • Food Colorants
  • Acidulants

Applications

  • Bakery &Confectionery
  • Dairy
  • Beverages
  • Meat
  • Poultry & Sea Foods
  • Others

Geography

  • South Africa
  • Nigeria
  • Algeria
  • Rest of Africa

Key Players

  • The Dow Chemical Company
  • Ingredion Incorporated
  • Tate & Lyle PLC
  • Chemsystems
  • Cargill Incorporated
  • CP Kelco US, Inc.

Key players competing in the Africa food additives market include The Dow Chemical Company; Ingredion Incorporated; Tate & Lyle PLC; Chemsystems; Cargill Incorporated; and CP Kelco US, Inc.
Some of these players are using several market strategies including mergers, acquisitions, partnerships, collaborations, capacity expansion, and product launches to increase their market shares.

Africa Food Additives Market keyplayers

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