January, 2023
MRFR Press Release- Market Research Future published a half cooked research report on the global sodium reduction ingredients market, which is estimated to grow at a CAGR of 7.66% during the forecast period, 2022-2030.
Sodium Reduction Ingredients Market Overview
Sodium reduction ingredients are gaining increasing demand from food processors. In most of the countries, the sodium intake exceeds the nutritional recommendations. Excessive consumption of sodium is associated with increased risk of chronic diseases. This has led to an inclination towards low sodium foods among the rising population. For low sodium foods, salt alternatives such as mineral salts, amino acids, yeast extracts, hydrolyzed vegetable protein, and others are used in the food. They act as flavor enhancer with the perception of a salty taste with low sodium content.
Market Forecast
The global sodium reduction ingredients market share is escalated by growing demand for them in various industries such as bakery & confectionery, dairy & frozen foods, sauces & seasonings, snacks, meat products, and others. Growing working population and increasing consumption of processed foods are driving the growth of the global sodium reduction ingredients market. The U.S. and U.K are witnessed to be the major consumers of processed foods and are highly contributing to the growth of the sodium reduction ingredients market.
Growing health-conscious population is further driving the growth of the market. Government interventions in lowering the sodium content from the foods available to the consumers are influencing the growth of the market. Moreover, new product launches by the key players are adding fuel to the growth of the market. However, the high cost of sodium reduction ingredients may hamper market growth. Nevertheless, all these factors are anticipated to boost the global sodium reduction ingredients market growth at a CAGR of 7.66% over the forecast period.
Downstream Analysis
The global sodium reduction ingredients market is segmented into ingredients and application.
Based on the ingredients, the global sodium reduction ingredients market is segmented into mineral salts, amino acids, yeast extracts, hydrolyzed vegetable protein, and others. Among all, the mineral salts segment is dominating the market followed by yeast extracts. In mineral salts segment, potassium chloride is the most commonly used ingredient as a substitute of salt owing to the health benefits associated with it without compromising the flavor and taste of the food.
Based on the application, the global sodium reduction ingredients market is segmented into bakery and confectionery, dairy and frozen foods, sauces and seasonings, snacks, meat products and others. Among all, the sauces and seasonings segment is dominating the market followed by bakery segment. Increasing consumption of pizza, sandwiches, bread, and rolls is driving the growth of bakery segment in sodium reduction ingredients market.
Competitive analysis
The major players in the sodium reduction ingredients market
- Tate & Lyle PLC (U.K)
- Kerry Group PLC (Ireland)
- Cargill Incorporated (U.S.)
- DuPont Nutrition & Health (Denmark)
- Jungbunzlauer AG (Switzerland)
- Royal DSM N.V. (The Netherlands)
- Givaudan SA (Switzerland)
Regional Analysis
The global sodium reduction ingredients market is segmented into North America, Europe, Asia Pacific, and rest of the world (RoW). North America is dominating the market followed by Europe. In North America owing to the busy work schedule, the majority of the population prefer wraps, rolls, and pocket sandwiches, which is driving the growth of the sodium reduction ingredients in this region.
In Europe, the U.K., Germany, and France are the major contributors to sodium reduction ingredients market. The Asia Pacific is witnessed to grow at a moderate rate during the forecast period in which India and China are the major contributors. Rapid innovation followed with new product launches is likely to boost the growth of the global sodium reduction ingredients market in rest of the world.
Market Segmentation
Sodium reduction ingredients market is segmented on the basis of ingredients, application, and region.
Leading companies partner with us for data-driven Insights
Kindly complete the form below to receive a free sample of this Report
Base Year | 2023 |
Companies Covered | 15 |
Pages | 110 |
Certified Global Research Member
Why Choose Market Research Future?
- Vigorous research methodologies for specific market.
- Knowledge partners across the globe
- Large network of partner consultants.
- Ever-increasing/ Escalating data base with quarterly monitoring of various markets
- Trusted by fortune 500 companies/startups/ universities/organizations
- Large database of 5000+ markets reports.
- Effective and prompt pre- and post-sales support.
Tailored for You
- Dedicated Research on any specifics segment or region.
- Focused Research on specific players in the market.
- Custom Report based only on your requirements.
- Flexibility to add or subtract any chapter in the study.
- Historic data from 2014 and forecasts outlook till 2040.
- Flexibility of providing data/insights in formats (PDF, PPT, Excel).
- Provide cross segmentation in applicable scenario/markets.