South Africa's sweeteners production experienced fluctuations between 2014 and 2023, reaching 3.10 million metric tons in 2023. Notably, production dipped from 2.95 million metric tons in 2014 to 2.47 million metric tons in 2016, a 16.27% decline over two years. A peak occurred in 2017 with a 21.5% increase. Recently, production has been steady with minor year-on-year increases: 0.49% in 2022 and 0.45% in 2023. From 2019 to 2023, the compound annual growth rate (CAGR) was 0.013%, suggesting stability.
Forecasts indicate a gradual rise, reaching 3.17 million metric tons by 2028, with a forecasted 5-year CAGR at 0.38%. Future trends to watch for include advancements in sweetener technologies, regulatory changes impacting production, and shifts in consumer preferences toward alternative sweeteners.
