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Baking Ingredients Market in South Africa - Outlook to 2023: By Product and Competitive Share Baking Ingredients market in South Africa registered a positive compound annual growth rate (CAGR) of 4.71% during the period 2013 to 2018 with a sales value of ZAR 283.52 Million in 2018, an increase of 3.81% over 2017. The market achieved its strongest performance in 2015, when it grew by 5.27% over its previous year and its weakest performance in 2018, when it increased by 3.81% over 2017.