South Africa Food Colors Market Size & Outlook, 2023-2030

The food colors market in South Africa is expected to reach a projected revenue of US$ 94.8 million by 2030. A compound annual growth rate of 4.6% is expected of South Africa food colors market from 2024 to 2030.
Revenue, 2023 (US$M)
$69.1
Forecast, 2030 (US$M)
$94.8
CAGR, 2024 - 2030
4.6%
Report Coverage
South Africa

South Africa food colors market highlights

  • The South Africa food colors market generated a revenue of USD 69.1 million in 2023 and is expected to reach USD 94.8 million by 2030.
  • The South Africa market is expected to grow at a CAGR of 4.6% from 2024 to 2030.
  • In terms of segment, natural was the largest revenue generating type in 2023.
  • Natural is the most lucrative type segment registering the fastest growth during the forecast period.


Food colors market data book summary

Market revenue in 2023USD 69.1 million
Market revenue in 2030USD 94.8 million
Growth rate4.6% (CAGR from 2023 to 2030)
Largest segmentNatural
Fastest growing segmentNatural
Historical data2018 - 2022
Base year2023
Forecast period2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationNatural, Synthetic, Nature-identical, Caramel
Key market players worldwideBasf SE, Cargill, DuPont de Nemours Inc, Givaudan SA, Koninklijke DSM NV, Chr. Hansen, EXBERRY, LycoRed


Other key industry trends

  • In terms of revenue, South Africa accounted for 2.2% of the global food colors market in 2023.
  • Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
  • In Middle East & Africa, South Africa food colors 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 94.8 million by 2030.

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Food Colors Market Companies

Name Profile # Employees HQ Website

South Africa food colors 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 food colors market will help companies and investors design strategic landscapes.


Natural was the largest segment with a revenue share of 39.65% in 2023. Horizon Databook has segmented the South Africa food colors market based on natural, synthetic, nature-identical, caramel covering the revenue growth of each sub-segment from 2018 to 2030.


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Target buyers of South Africa food colors market databook

  • Our clientele includes a mix of food colors market companies, investment firms, advisory firms & academic institutions.
  • 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
  • Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
  • The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.

Horizon Databook provides a detailed overview of country-level data and insights on the South Africa food colors market , including forecasts for subscribers. This country databook contains high-level insights into South Africa food colors market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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South Africa food colors market size, by type, 2018-2030 (US$M)

South Africa Food Colors Market Outlook Share, 2023 & 2030 (US$M)

South Africa food colors market size, by type, 2018-2030 (US$M)

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