South Africa Eubiotics Market Size & Outlook, 2022-2030
South Africa eubiotics market, 2018-2030 (US$M)
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South Africa eubiotics market highlights
- The South Africa eubiotics market generated a revenue of USD 23.5 million in 2022 and is expected to reach USD 38.3 million by 2030.
- The South Africa market is expected to grow at a CAGR of 6.3% from 2023 to 2030.
- In terms of segment, probiotics was the largest revenue generating product in 2022.
- Organic Acids is the most lucrative product segment registering the fastest growth during the forecast period.
Eubiotics market data book summary
| Market revenue in 2022 | USD 23.5 million |
| Market revenue in 2030 | USD 38.3 million |
| Growth rate | 6.3% (CAGR from 2022 to 2030) |
| Largest segment | Probiotics |
| Fastest growing segment | Organic Acids |
| Historical data | 2018 - 2021 |
| Base year | 2022 |
| Forecast period | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Probiotics, Prebiotics, Organic Acids, Phtyogenics |
| Key market players worldwide | DSM Firmenich AG, Mitsui & Co Ltd, Lallemand, Beneo, Kemin Industries, DuPont de Nemours Inc, Novonesis AS ADR, Associated British Foods PLC, Novozymes, Evonik Industries AG, Basf SE, Cargill, Archer-Daniels Midland Co, China National Bluestar Group |
Other key industry trends
- In terms of revenue, South Africa accounted for 0.5% of the global eubiotics market in 2022.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Middle East & Africa, Saudi Arabia eubiotics 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 38.3 million by 2030.
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Eubiotics Market Scope
Eubiotics Market Companies
| Name | Profile | # Employees | HQ | Website |
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South Africa eubiotics market outlook
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 eubiotics market will help companies and investors design strategic landscapes.
Probiotics was the largest segment with a revenue share of 31.49% in 2022. Horizon Databook has segmented the South Africa eubiotics market based on probiotics, prebiotics, organic acids, phtyogenics covering the revenue growth of each sub-segment from 2018 to 2030.
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Our clientele includes a mix of eubiotics market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the South Africa eubiotics market , including forecasts for subscribers. This country databook contains high-level insights into South Africa eubiotics market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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South Africa eubiotics market size, by product, 2018-2030 (US$M)
South Africa Eubiotics Market Outlook Share, 2022 & 2030 (US$M)
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