Additives

The market for additives in Gauteng is worth about R28 million, with 56 suppliers currently active in the space. This market is relatively stable, with no year-over-year growth recorded, which could indicate a saturated market. It's also worth noting that the government is prioritising procurement from black-owned businesses, with about 67% of the spend going to these organisations, as well as women-owned and youth-owned businesses. To succeed in this market, you'll need to differentiate your business and build strong relationships with the 6 departments that are buying these products. If you're considering entering this market, I'd recommend ensuring your B-BBEE level is up to date, as this could give you a competitive edge in securing government contracts.