Market revenue in 2024 | USD 134.3 million |
Market revenue in 2030 | USD 183.2 million |
Growth rate | 5.3% (CAGR from 2025 to 2030) |
Largest segment | Flavoring agents |
Fastest growing segment | Flavoring carriers |
Historical data | 2018 - 2023 |
Base year | 2024 |
Forecast period | 2025 - 2030 |
Quantitative units | Revenue in USD million |
Market segmentation | Flavoring agents, Flavoring carriers, Flavor enhancers |
Flavoring agents was the largest segment with a revenue share of 71.33% in 2024. Horizon Databook has segmented the South Africa beverage flavoring systems market based on flavoring agents, flavoring carriers, flavor enhancers covering the revenue growth of each sub-segment from 2018 to 2030.
The flourishing non-alcoholic beverage market in South Africa is one of the key drivers for the growth of the market for non-alcoholic beverage flavoring systems in the country. The surged demand for healthpromoting products such as fruit juices and energy drinks in 2020 owing to the COVID-19 pandemic led to the growth of the market in South Africa.
New product developments carried out by beverage manufacturers by incorporating various flavors in their drinks are further expected to fuel the demand for flavoring systems in South Africa. For instance, in October 2020, The Coca-Cola Company launched a flavored Cappy Burst drink in the country.
It is offered as Cappy Orange Burst and Cappy Apple Burst. This is a ready-to-drink juice and is targeted at consumers requiring on-the-go packaged food items and beverages.
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