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Report
South Africa Food Fortification Premix Market Report and Forecast 2024-2032
Market Report I 2024-02-05 I 188 Pages I EMR Inc.
South Africa Food Fortification Premix Market Report and Forecast 2024-2032
Market Outlook
According to the report by Expert Market Research (EMR), the South Africa food fortification premix market is projected to grow at a CAGR of 8.4% between 2024 and 2032. Aided by the mounting awareness regarding nutritional deficiencies and the escalating adoption of fortified foods, the market is expected to grow significantly by 2032.
Food fortification premixes are blends of vitamins, minerals, and other essential nutrients used to enhance the nutritional profile of foods. In South Africa, these premixes play a crucial role in combating micronutrient deficiencies, particularly among vulnerable populations. The primary applications of these premixes span across various food products, including bread, flour, milk, and infant formulas. This initiative aligns with the broader public health strategies aimed at reducing the prevalence of malnutrition and associated health conditions.
The surge in the South Africa food fortification premix market growth is largely attributed to the increasing government initiatives promoting food fortification. These efforts are coupled with rising consumer awareness regarding the importance of a balanced diet rich in essential nutrients. Additionally, the growing prevalence of lifestyle diseases linked to nutritional deficiencies has spurred the demand for fortified foods, thereby catalysing the market growth.
Another significant factor contributing to the South Africa food fortification premix market demand growth is the involvement of international organisations and NGOs in nutritional programs. These entities have been instrumental in advocating for food fortification as a cost-effective strategy to address micronutrient malnutrition. Such collaborations between government bodies, international organisations, and private sectors are pivotal in shaping the market dynamics.
The food sector's innovation and research and development efforts are also influencing the South Africa food fortification premix market outlook. As consumers become increasingly health-conscious, there is a growing demand for nutrient-enriched food products that cater to specific dietary needs and preferences. This trend is prompting food manufacturers to incorporate a diverse range of premixes, further stimulating market growth.
Looking ahead, the market is poised for continued growth, fuelled by ongoing government support, consumer awareness, and technological advancements in food fortification processes. The focus is expected to increasingly shift towards personalised nutrition and the development of customised premix solutions catering to specific demographic needs. This evolution is anticipated to open new avenues for market expansion and innovation in the South African food fortification premix industry.
Market Segmentation
The market can be divided based on type, form, and application.
Market Breakup by Type
- Vitamin Premix
- Mineral Premix
- Vitamin and Mineral Premix
- Others
Market Breakup by Form
- Powder
- Liquid
Market Breakup by Application
- Sports Nutrition and Dietary Supplements
- Infant and Early Nutrition
- Processed Foods
- Beverages
- Food Staples
- Home Fortification
Competitive Landscape
The EMR report looks into the market shares, plant turnarounds, capacities, investments, and mergers and acquisitions, among other major developments, of the leading companies operating in the South Africa food fortification premix market. Some of the major players explored in the report by Expert Market Research are as follows:
- DSM Nutritional Products AG
- Glanbia plc
- SternVitamin GmbH & Co. KG
- Prinova Group LLC
- SK Chemtrade Services Pty Ltd
- Others
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*We at Expert Market Research always strive to provide you with the latest information. The numbers in the article are only indicative and may be different from the actual report.
1 Preface
2 Report Coverage - Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Snapshot
6.1 South Africa
7 Opportunities and Challenges in the Market
8 Global Food Fortification Premix Market Overview
8.1 Key Industry Highlights
8.2 Global Food Fortification Premix Historical Market (2018-2023)
8.3 Global Food Fortification Premix Market Forecast (2024-2032)
8.4 Global Food Fortification Premix Market by Region
8.4.1 North America
8.4.2 Europe
8.4.3 Asia Pacific
8.4.4 Latin America
8.4.5 Middle East and Africa
9 Africa Food Fortification Premix Market Analysis
9.1 Africa Food Fortification Premix Historical Market (2018-2023)
9.2 Africa Food Fortification Premix Market Forecast (2024-2032)
9.3 South Africa Food Fortification Premix Market Analysis
9.3.1 Key Industry Highlights
9.3.2 South Africa Food Fortification Premix Historical Market (2018-2023)
9.3.3 South Africa Food Fortification Premix Market Forecast (2024-2032)
9.3.4 South Africa Food Fortification Premix Market by Type
9.3.4.1 Vitamin Premix
9.3.4.1.1 Historical Trend (2018-2023)
9.3.4.1.2 Forecast Trend (2024-2032)
9.3.4.2 Mineral Premix
9.3.4.2.1 Historical Trend (2018-2023)
9.3.4.2.2 Forecast Trend (2024-2032)
9.3.4.3 Vitamin and Mineral Premix
9.3.4.3.1 Historical Trend (2018-2023)
9.3.4.3.2 Forecast Trend (2024-2032)
9.3.4.4 Others
9.3.5 South Africa Food Fortification Premix Market by Form
9.3.5.1 Powder
9.3.5.1.1 Historical Trend (2018-2023)
9.3.5.1.2 Forecast Trend (2024-2032)
9.3.5.2 Liquid
9.3.5.2.1 Historical Trend (2018-2023)
9.3.5.2.2 Forecast Trend (2024-2032)
9.3.6 South Africa Food Fortification Premix Market by Application
9.3.6.1 Sports Nutrition and Dietary Supplements
9.3.6.1.1 Historical Trend (2018-2023)
9.3.6.1.2 Forecast Trend (2024-2032)
9.3.6.2 Infant and Early Nutrition
9.3.6.2.1 Historical Trend (2018-2023)
9.3.6.2.2 Forecast Trend (2024-2032)
9.3.6.3 Processed Foods
9.3.6.3.1 Historical Trend (2018-2023)
9.3.6.3.2 Forecast Trend (2024-2032)
9.3.6.4 Beverages
9.3.6.4.1 Historical Trend (2018-2023)
9.3.6.4.2 Forecast Trend (2024-2032)
9.3.6.5 Food Staples
9.3.6.5.1 Historical Trend (2018-2023)
9.3.6.5.2 Forecast Trend (2024-2032)
9.3.6.6 Home Fortification
9.3.6.6.1 Historical Trend (2018-2023)
9.3.6.6.2 Forecast Trend (2024-2032)
9.4 South Africa Food Staples Fortification Premix Market Analysis
9.4.1 Wheat Flour Fortification Premix
9.4.1.1 Historical Trend (2018-2023)
9.4.1.2 Forecast Trend (2024-2032)
9.4.2 Maize Flour Fortification Premix
9.4.2.1 Historical Trend (2018-2023)
9.4.2.2 Forecast Trend (2024-2032)
10 Market Dynamics
10.1 SWOT Analysis
10.1.1 Strengths
10.1.2 Weaknesses
10.1.3 Opportunities
10.1.4 Threats
10.2 Porter's Five Forces Analysis
10.2.1 Supplier's Power
10.2.2 Buyer's Power
10.2.3 Threat of New Entrants
10.2.4 Degree of Rivalry
10.2.5 Threat of Substitutes
10.3 Key Indicators for Demand
10.4 Key Indicators for Price
11 Value Chain Analysis
12 Trade Data Analysis (HS Code - 293690)
12.1 Major Exporting Countries
12.1.1 By Value
12.1.2 By Volume
12.2 Major Importing Countries
12.2.1 By Value
12.2.2 By Volume
13 Price Analysis
14 Competitive Landscape
14.1 Market Structure
14.2 Company Profiles
14.2.1 DSM Nutritional Products AG
14.2.1.1 Company Overview
14.2.1.2 Product Portfolio
14.2.1.3 Demographic Reach and Achievements
14.2.1.4 Certifications
14.2.2 Glanbia plc
14.2.2.1 Company Overview
14.2.2.2 Product Portfolio
14.2.2.3 Demographic Reach and Achievements
14.2.2.4 Certifications
14.2.3 SternVitamin GmbH & Co. KG
14.2.3.1 Company Overview
14.2.3.2 Product Portfolio
14.2.3.3 Demographic Reach and Achievements
14.2.3.4 Certifications
14.2.4 Prinova Group LLC
14.2.4.1 Company Overview
14.2.4.2 Product Portfolio
14.2.4.3 Demographic Reach and Achievements
14.2.4.4 Certifications
14.2.5 SK Chemtrade Services Pty Ltd
14.2.5.1 Company Overview
14.2.5.2 Product Portfolio
14.2.5.3 Demographic Reach and Achievements
14.2.5.4 Certifications
14.2.6 Others
15 Key Trends and Developments in the Market
Additional Customisations Available
1 Manufacturing Process
1.1 Overview
1.2 Detailed Process Flow
1.3 Operation Involved
2 Project Requirement and Cost Analysis
2.1 Land, Location and Site Development
2.2 Construction
2.3 Plant Machinery
2.4 Cost of Raw Material
2.5 Packaging
2.6 Transportation
2.7 Utilities
2.8 Manpower
2.9 Other Capital Investment
List of Key Figures and Tables
1. Global Food Fortification Premix Market: Key Industry Highlights, 2018 and 2032
2. Africa Food Fortification Premix Market: Key Industry Highlights, 2018 and 2032
3. South Africa Food Fortification Premix Market: Key Industry Highlights, 2018 and 2032
4. South Africa Food Fortification Premix Historical Market: Breakup by Type (Kilo Tons), 2018-2023
5. South Africa Food Fortification Premix Market Forecast: Breakup by Type (Kilo Tons), 2024-2032
6. South Africa Food Fortification Premix Historical Market: Breakup by Form (Kilo Tons), 2018-2023
7. South Africa Food Fortification Premix Market Forecast: Breakup by Form (Kilo Tons), 2024-2032
8. South Africa Food Fortification Premix Historical Market: Breakup by Application (Kilo Tons), 2018-2023
9. South Africa Food Fortification Premix Market Forecast: Breakup by Application (Kilo Tons), 2024-2032
10. Wheat Flour Fortification Premix Market: Key Industry Highlights, 2018 and 2032
11. Maize Flour Fortification Premix Market: Key Industry Highlights, 2018 and 2032
12. Major Exporting Countries by Value
13. Major Importing Countries by Value
14. Major Exporting Countries by Volume
15. Major Importing Countries by Volume
16. South Africa Food Fortification Premix Market Structure
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