Market Size of Argentina Sodium Reduction Ingredient Industry
Study Period | 2019 - 2029 |
Base Year For Estimation | 2023 |
Forecast Data Period | 2024 - 2029 |
Historical Data Period | 2019 - 2022 |
CAGR | 3.34 % |
Market Concentration | High |
Major Players*Disclaimer: Major Players sorted in no particular order |
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Argentina Sodium Reduction Ingredient Market Analysis
The Argentina Sodium Reduction Ingredient market is forecasted to witness a CAGR of 3.34% during the forecast period (2020 - 2025).
- Argentina's Ministry of Health has since launched voluntary salt-reduction agreements with the leading producers of industrialized foods in the country. In a short time, more than 50 key producers agreed to reduce sodium levels over the coming years in 528 products, including cheese, cookies, pasta, sausages, and soups, as well as different types of bread. Bread consumption was responsible for over 25% of the total national sodium intake. Therefore this factor is driving the Argentina sodium reduction ingredient market.