South Africa Wheat & Rice Flour Substitute Resistant Starch Market Size & Outlook
South Africa wheat & rice flour substitute resistant starch market, 2018-2030 (US$M)
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South Africa wheat & rice flour substitute resistant starch market highlights
- The South Africa wheat & rice flour substitute resistant starch market generated a revenue of USD 16,472.9 million in 2022 and is expected to reach USD 31,116.2 million by 2030.
- The South Africa market is expected to grow at a CAGR of 8.3% from 2023 to 2030.
- In terms of segment, grains was the largest revenue generating source in 2022.
- Cereal Food is the most lucrative source segment registering the fastest growth during the forecast period.
Wheat & rice flour substitute resistant starch market data book summary
| Market revenue in 2022 | USD 16,472.9 million |
| Market revenue in 2030 | USD 31,116.2 million |
| Growth rate | 8.3% (CAGR from 2022 to 2030) |
| Largest segment | Grains |
| Fastest growing segment | Cereal Food |
| Historical data | 2018 - 2021 |
| Base year | 2022 |
| Forecast period | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Fruits & Nuts, Grains, Vegetables, Cereal Food, Beans & Legumes |
| Key market players worldwide | Tate & Lyle PLC, Ingredion Inc, Emsland Group, ADM, Cargill, Roquette America, The Scoular Company, LODAAT Pharmaceuticals, Puris |
Other key industry trends
- In terms of revenue, South Africa accounted for 2.1% of the global wheat & rice flour substitute resistant starch market in 2022.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Middle East & Africa, South Africa wheat & rice flour substitute resistant starch market is projected to lead the regional market in terms of revenue in 2030.
- UAE is the fastest growing regional market in Middle East & Africa and is projected to reach USD 23,708.5 million by 2030.
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Wheat & Rice Flour Substitute Resistant Starch Market Scope
Wheat & Rice Flour Substitute Resistant Starch Market Companies
| Name | Profile | # Employees | HQ | Website |
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South Africa wheat & rice flour substitute resistant starch 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 wheat & rice flour substitute resistant starch market will help companies and investors design strategic landscapes.
Grains was the largest segment with a revenue share of 71.83% in 2022. Horizon Databook has segmented the South Africa wheat & rice flour substitute resistant starch market based on fruits & nuts, grains, vegetables, cereal food, beans & legumes covering the revenue growth of each sub-segment from 2018 to 2030.
The growing trend of gluten-free diets is supporting the demand for wheat and rice flour substitute resistant starch in the country. Growing concerns over food security and nutrition are driving the demand for plant-based foods and protein.
This shift in dietary trend, supported by favorable government regulations, is expected to drive the demand for resistant starches derived from wheat and rice substitutes such as potatoes, peas, and corn.
In December 2022, Potatoes SA, a non-profit organization based in South Africa, announced plans for research priorities in 2023. The organization aims at improving the soil life and shelf life of potatoes, thereby supporting the domestic potato industry in the country.
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Horizon Databook provides a detailed overview of country-level data and insights on the South Africa wheat & rice flour substitute resistant starch market , including forecasts for subscribers. This country databook contains high-level insights into South Africa wheat & rice flour substitute resistant starch market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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South Africa wheat & rice flour substitute resistant starch market size, by source, 2018-2030 (US$M)
South Africa Wheat & Rice Flour Substitute Resistant Starch Market Outlook Share, 2022 & 2030 (US$M)
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