South Africa Starch Industry Report 2023 Featuring Top Products, Pro Corn Mills, Cell
Dublin, May 12, 2023 (GLOBE NEWSWIRE) -- The "The Starch Industry in South Africa 2023" report has been added to ResearchAndMarkets.com's offering.This report on the manufacture of starch and starch products in South Africa includes information on the size and state of the industry including potato and cassava starch, commodity prices and inputs, notable players, agents and distributors and competition and other issues and trends.
There are profiles of 13 companies including dominant player Ingrain and other producers such as Top Products and Pro Corn Mills, and importers and distributors including Cell-Chem, Bragan Ingredients and Ingredon.
The Manufacture of Starch and Starch Products in South AfricaDemand for starches and modified starches, which are used in various industrial applications as well as in key ingredients in food and beverages, is growing.
The manufacture of starches is dominated by Barloworld subsidiary Ingrain, which said in 2021 that it had a market share of 89%. Imports account for about 20% of starch demand by value. Industrial customers are concerned over significant price increases, driven by record increases in commodities such as maize and wheat which are used to produce starch.
There is also concern that the high price of commodities, machinery and research and development act as a barrier to competitors seeking to challenge Barloworld's near monopoly of the sector.Demand and OpportunityWhile starch production rebounded in 2022 on the back of strong domestic demand, demand has since begun to decline, given the weaker economic outlook. There is an opportunity for local producers to manufacture more modified starches and potato and wheat starch locally, given that these imports grew significantly between 2017 and 2022.Threats and ChallengesStarch manufacturing machines use a lot of electricity and production is affected by power cuts. Water shortages, droughts, and the high cost of farming place price pressures on farmers who supply grain to producers.
The monopolistic structure of the local starch industry means it is not a competitive industry. Machinery is expensive and R&D to develop new starch products takes very long and is costly.Key Topics Covered: 1. INTRODUCTION 2. DESCRIPTION OF THE INDUSTRY2.1. Industry Value Chain2.2. Geographic Position2.3. Size of the Industry3. LOCAL3.1. State of the Industry3.2. Key Trends3.3. Key Issues3.4. Notable Players3.5. Trade3.6. Corporate Actions3.7. Regulations3.8. Enterprise Development and Social Development4. AFRICA 5. INTERNATIONAL 6. INFLUENCING FACTORS6.1. Economic Environment6.2. Labour6.3. Environmental Issues6.4. Technology, R&D, Innovation6.5. Government Support6.6. Input Costs7. COMPETITIVE ENVIRONMENT7.1. Competition7.2. Ownership Structure of the Industry7.3. Barriers to Entry8. SWOT ANALYSIS 9. OUTLOOK 10. INDUSTRY ASSOCIATIONS 11. REFERENCES11.1. Publications11.2. Websites
COMPANY PROFILES
Bragan Ingredients (Pty) Ltd
Cargill RSA (Pty) Ltd
Carst and Walker South Africa (Pty) Ltd
Cell-Chem (Pty) Ltd
CJP Chemicals (Pty) Ltd
Edila Twaalf (Pty) Ltd
Grange Hill Investments (Pty) Ltd
Ingrain SA (Pty) Ltd
Ingredion South Africa (Pty) Ltd
Marketing Works CC
Monteagle Consumer Group Ltd
Novawes Import (Pty) Ltd
Orkila South Africa (Pty) Ltd
Pro Corn Mills (Pty) Ltd
SAFire Charka (Pty) Ltd
Tate and Lyle South Africa (Pty) Ltd
WFM Starch Products (Pty) Ltd
Zemcor Marketing (Pty) Ltd
For more information about this report visit https://www.researchandmarkets.com/r/lr1nuy
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ResearchAndMarkets.com's The Manufacture of Starch and Starch Products in South Africa Demand and Opportunity Threats and Challenges Key Topics Covered: 1. INTRODUCTION 2. DESCRIPTION OF THE INDUSTRY 3. LOCAL 4. AFRICA 5. INTERNATIONAL 6. INFLUENCING FACTORS 7. COMPETITIVE ENVIRONMENT 8. SWOT ANALYSIS 9. OUTLOOK 10. INDUSTRY ASSOCIATIONS 11. REFERENCES COMPANY PROFILES About ResearchAndMarkets.com