The new report by Expert Market Research titled, ‘South Africa Food Fortification Premix Market Report and Forecast 2021-2026’, gives an in-depth analysis of the South Africa food fortification premix market, assessing the market based on its segments like Type, Form, End Use, and Regional markets among others. The report tracks the latest trends in the industry and studies their impact on the overall market. It also assesses the market dynamics, covering the key demand and price indicators, along with analysing the market based on the SWOT and Porter’s Five Forces models.
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The key highlights of the report include:
Market Overview (2016-2026)
Historical Market Size (2020): 10.87 kilo tons
Forecast CAGR (2021-2026): 8.5%
Forecast Market Size (2026): xx kilo tons
Governments in Africa are progressively making food fortification of numerous basic foods mandatory. Government-supported food fortification programmes, as well as a growing sports nutrition industry, are driving the market in South Africa. South Africa made folic acid fortification of wheat flour and maize meal obligatory in 2003, with programmes aimed at fortifying staple foods with folic acid, resulting in fewer cases of neural tube disorders. The amount of folic acid added to wheat consumables, maize foodstuffs, and unsifted maize meal fortification in South Africa is 1.50 mg/kg, as prescribed by the fortification programme. Vitamin A, thiamine, riboflavin, niacin, pyridoxine, iron, and zinc, among other minerals, are added to these staple foods in the appropriate amounts to fortify them. This obligatory fortification of specific food products boosts the country’s food fortification premix industry.
Industry Definition and Major Segments
Food fortification premixes are used to add micronutrients such as vitamins and minerals to food items. Minerals, vitamins, amino acids, and antibiotics are among the ingredients in food premix. It’s utilised in food fortification and as a supplement. The lack of micronutrients in the diet leads to malnutrition and serious health problems. It improves the nutritional content of food and beverages while also providing the body with critical nutrients. It also aids with weight loss. Vitamin D, which is contained in the meal premix, improves metabolism and calcium absorption in the body.
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On the basis of Type, the South Africa food fortification premix market is segmented into:
Vitamin and Mineral Premix
Based on Form, the South Africa food fortification premix market is categorised into:
On the basis of End Use, the South Africa food fortification premix market is divided into:
Sports Nutrition & Dietary Supplements
Infant and Early Nutrition
The African food fortification premix market has benefited from the increased demand for personalised fortified premixes as well as nutritional premixes in the baby nutrition sector. Customers, industry, and government approval of food fortification are all propelling the sector forward. The obligatory fortification of specific wheat and maize commodities is driving the food fortification premix industry in South Africa. Leading food and beverage corporations like Nestlé have pledged to help alleviate micronutrient shortages in South Africa by collaborating with local governments and health authorities and fortifying some of their popular products. Due to increased health awareness among consumers and a growing number of South Africans plagued by hypertension and type-2 diabetes, the premix industry is also benefiting from the sports nutrition sector. The rising number of individuals in the country suffering from obesity and micronutrient deficiencies is boosting demand for nutritionally fortified goods, which is helping the food fortification premix industry. The industry is also being aided by customers’ increasing disposable money. In South Africa, home fortification is an important application area for premixes, since it aids in the treatment of anaemia and iron deficiency.
Latest News on South Africa Food Fortification Premix Market: https://www.expertmarketresearch.com/pressrelease/food-fortification-premix-market-in-south-africa
Key Market Players
The major players in the market are Royal DSM N.V. (Fortitech Premixes), Glanbia, Plc, SternVitamin GmbH & Co. KG, Vitablend Nederland B.V., Jubilant Life Sciences, Prinova Europe Limited, SK Chemtrade Services Pty Ltd, Malachite Chemicals, among others. The report covers the market shares, capacities, plant turnarounds, expansions, investments and mergers and acquisitions, among other latest developments of these market players.
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