South Africa Superfood Powders Market Size & Outlook
South Africa superfood powders market, 2018-2030 (US$M)
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South Africa superfood powders market highlights
- The South Africa superfood powders market generated a revenue of USD 42.1 million in 2021 and is expected to reach USD 70.2 million by 2030.
- The South Africa market is expected to grow at a CAGR of 5.9% from 2022 to 2030.
- In terms of segment, conventional was the largest revenue generating product in 2021.
- Organic is the most lucrative product segment registering the fastest growth during the forecast period.
Superfood powders market data book summary
| Market revenue in 2021 | USD 42.1 million |
| Market revenue in 2030 | USD 70.2 million |
| Growth rate | 5.9% (CAGR from 2021 to 2030) |
| Largest segment | Conventional |
| Fastest growing segment | Organic |
| Historical data | 2018 - 2020 |
| Base year | 2021 |
| Forecast period | 2022 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Conventional, Organic |
| Key market players worldwide | Sunfood.com, Glanbia PLC, Navitas Organics, Nestle SA, Nature's Brands, The Healing Co Inc, Terrasoul Superfoods, Suncore Foods, Country Farms, Naturya |
Other key industry trends
- In terms of revenue, South Africa accounted for 0.7% of the global superfood powders market in 2021.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Middle East & Africa, South Africa superfood powders 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 70.2 million by 2030.
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Superfood Powders Market Scope
Superfood Powders Market Companies
| Name | Profile | # Employees | HQ | Website |
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South Africa superfood powders 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 superfood powders market will help companies and investors design strategic landscapes.
Conventional was the largest segment with a revenue share of 56.53% in 2021. Horizon Databook has segmented the South Africa superfood powders market based on conventional, organic covering the revenue growth of each sub-segment from 2018 to 2030.
Consumers in the country are consuming superfood powders containing spirulina, maca, and acai powder in smoothies, lattes, and even date balls. Superfood powders and additives such as spirulina and maca powders are usually consumed as complementary medicines in South Africa as these products claim to have immense health benefits.
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Target buyers of South Africa superfood powders market databook
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Our clientele includes a mix of superfood powders market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of country-level data and insights on the South Africa superfood powders market , including forecasts for subscribers. This country databook contains high-level insights into South Africa superfood powders market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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South Africa superfood powders market size, by product, 2018-2030 (US$M)
South Africa Superfood Powders Market Outlook Share, 2021 & 2030 (US$M)
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