The sodium benzoate market in South Africa is expected to reach a projected revenue of US$ 17.4 million by 2030. A compound annual growth rate of 4.8% is expected of South Africa sodium benzoate market from 2024 to 2030.
Country-wise, China is expected to lead the global market in terms of revenue in 2030.
In Middle East & Africa, South Africa sodium benzoate market is projected to lead the regional market in terms of revenue in 2030.
South Africa is the fastest growing regional market in Middle East & Africa and is projected to reach USD 17.4 million by 2030.
The rise in demand for packaged food & beverages and an increase in their consumption result in a surged demand for sodium benzoate, which is used in packaged food & beverages. According to the Global Food Research Program, it has been found that low-income adults in South Africa consume an average of 40% of their daily calories from ultra-processed products.
This trend is highly prominent among young individuals and that is a cause for concern as there is a rise in nutritionrelated diseases in the country. For instance, ultra-processed products is consumed just over 40% by 18-29 year old for daily calories, while only 22% among 40–50-year olds.
The increase in the consumption of processed food & beverage has led to a surge in demand for sodium benzoate, thereby leading to the growth of the market in South Africa.
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to Sodium Benzoate Market will help companies and investors design strategic landscapes.
Powder was the largest segment with a revenue share of 60.32% in 2023.
Horizon Databook has segmented the South Africa sodium benzoate market based on powder, granules covering the revenue growth of each sub-segment from 2018 to 2030.
The rise in demand for packaged food & beverages and an increase in their consumption result in a surged demand for sodium benzoate, which is used in packaged food & beverages. According to the Global Food Research Program, it has been found that low-income adults in South Africa consume an average of 40% of their daily calories from ultra-processed products.
This trend is highly prominent among young individuals and that is a cause for concern as there is a rise in nutritionrelated diseases in the country. For instance, ultra-processed products is consumed just over 40% by 18-29 year old for daily calories, while only 22% among 40–50-year olds.
The increase in the consumption of processed food & beverage has led to a surge in demand for sodium benzoate, thereby leading to the growth of the market in South Africa.
South Africa Sodium Benzoate Market Form Outlook (Revenue, USD Million , 2018-2030)
Powder
Granules
Others
South Africa Sodium Benzoate Market Application Outlook (Revenue, USD Million , 2018-2030)
Food & Beverages
Pharmaceuticals
Cosmetics
Others
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Horizon Databook provides a detailed overview of country-level data and insights on the South Africa sodium benzoate market report, including forecasts for subscribers. This country databook contains high-level insights into South Africa sodium benzoate market report from 2018 to 2030, including revenue numbers, major trends, and company profiles.
South Africa Sodium Benzoate Market, 2018-2030 (US$M)