South Africa Functional Food Market Size
According to Straits Research analysis, the South Africa Functional Food Market was valued at USD 2144 Million in 2024 and is projected to reach USD 3365.59 Million by 2031, expanding at a CAGR of 6.8% during the forecast period. The growth in this market is largely driven by increased demands in agriculture and the chemical industry, with the burgeoning interest in energy-efficient, low-carbon production methods serving as a significant accelerator. Technological advancements in food processing and preservation also contribute notably to this sector's growth. Notably, the market has seen a surge in interest in phytochemicals and antioxidants enriched food products, offering a plethora of export opportunities. As South Africa continues to invest in sustainable farming practices and advanced food processing technologies, it is steadily fortifying its position as a key player in the global functional food market.
Source: Straits Research Analysis Company Publications, Primary Interviews.
South Africa Functional Food Market Highlights
- By 2024, Powder represented the largest share of the Types market size.
- Liquid is expected to remain the key growth driver within Types, registering the fastest CAGR during the forecast period.
- South Africa accounted for 0.63% of the global functional food market size in 2024.
- By 2031, United States is expected to remain the top global market in terms of size.
- Within Middle East And Africa, Rest of MEA is forecasted to dominate the regional functional food market size by 2031.
- South Africa will be the fastest-growing market in Middle East And Africa, projected to achieve USD 5913 Million by 2031.
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Report Summary
| Report Scope |
Details |
| Base Year for Study |
2024 |
| Study Period |
2021-2031 |
| Historical Period |
2021-2023 |
| Forecast Period |
2025-2031 |
| Market Size In 2024 |
USD 2144 Million |
| Market Size In 2031 |
USD 3365.59 Million |
| Largest segment |
Powder |
| Fastest segment |
Liquid |
| Units |
Revenue in USD Million |
| CAGR |
6.8% (2025-2031) |
| Report Coverage |
Revenue Forecast, Competitive Landscape, Growth Factors, Environment & Regulatory Landscape and Trends |
South Africa Functional Food Market Share By Types
Segmentation Covered
| Segments |
Sub Segments |
| Types |
- Capsule & Tablet
- Powder
- Liquid
- Others
|
| By Product |
- Bakery & Cereals
- Dairy Products
- Meat
- Fish & Eggs
- Soy Products
- Fats & Oils
- Others
|
| By Applications |
- Sports Nutrition
- Weight Management
- Immunity
- Digestive Health
- Clinical Nutrition
- Cardio Health
- Others
|
South Africa Functional Food Market By Types 2031
Source: Straits Research Analysis Company Publications, Primary Interviews.
South Africa Functional Food Market By By Product 2031
Source: Straits Research Analysis Company Publications, Primary Interviews.
South Africa Functional Food Market By By Applications 2031
Source: Straits Research Analysis Company Publications, Primary Interviews.