Africa Food Acidulants Market - Growth, Trends and Forecasts (2020 - 2025)

Africa food acidulant market is projected to record a CAGR of 7.8% during the forecast period 2020-2025.

• A wide scope of application in the food and beverage industry coupled with the range of functional benefits provided by food acidulants are key factors driving the food acidulants market in the region.​
• In addition, the robust growth in the food and beverage sector majorly supports the market world-wide. With the economic development along with changing consumer behavior in Africa, the region outshines as a promising market for the food and beverage industry supplementing the consumption of food acidulants.

Key Market Trends

Wide application in growing confectionery market​

The advancement in the confectionery industry dedicated to health-oriented consumers with the development of low-calorie, organic products are gaining a large number of consumer base supplementing the growth of additives market including food acidulants. In addition, the booming demand for premium chocolates among work professionals and burgeoning millennials has significantly increased the chocolate consumption, globally.​ In confectioneries, malic acid is gaining popularity due to its multi-function properties of blending in fruit flavors and creating sourness. Hence, developing a considerable demand for specific acidulants in the industry.​

Citric Acid holds a Prominent Share in the market studied

Abundant availability, lower-cost production, wide application scope, and multi-functional attributes are few factors augmenting the growth of the citric acid market, in the African region.​ Since more than 50% of total citric acid produced is consumed in beverages, the industry accounts for leading consumers of the product in the food and beverage sector. In order to address the rising demand for citric acid across the globe, the manufacturers are setting up production units to supplement the global supply, which in turn is boosting the citric acid market.

Competitive Landscape

Companies are expanding their facilities and product portfolio, due to the growing demand for the confectionery and beverage segment in the African region. Some of the manufactures in the market studied are Brenntag, Cargill Inc, Jungbunzlauer AG , Hawkins Watts Limited among others.

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