The sweeteners market in Mozambique has shown variable growth over the years. In 2023, the market size stood at 408.0 Thousand Metric Tons, reflecting a modest year-on-year growth of 1.24%. Over the last two years, the market experienced fluctuations, with a significant growth of 22.02% in 2021 followed by a more moderate 1.51% in 2022. The compound annual growth rate (CAGR) over the last five years has averaged 0.55%, indicating a stabilizing trend after periods of high volatility.
Looking ahead, the market size is expected to reach 435.53 Thousand Metric Tons by 2028, with a forecasted five-year CAGR of 1.03%, translating to a total growth rate of 5.25%. This suggests a steady, albeit slow, increase in market demand.
Future trends to watch for:
- Changes in consumer preferences towards healthier and natural sweeteners.
- Potential impacts of regulatory policies on sugar and artificial sweeteners.
- Development of new sweetener products and innovations in the market.
