Market Size of Australia Sodium Reduction Ingredients Industry
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Historical Data Period | 2019 - 2022 |
| CAGR | 3.23 % |
| Market Concentration | Low |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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Australia Sodium Reduction Ingredients Market Analysis
Australia Sodium Reduction Ingredients Market is projected to reach a CAGR of 3.23% during the forecast period 2020 - 2025.
- Excessive intake of sodium leads to a number of adverse health effects, hypertension being foremost among them. Alleviating these conditions to some extent has been possible through the use of SRI, such as mineral salts, amino acids, and yeast extracts. Versatility in its application has provided the requisite impetus to these health-promoting products.
- Some of the major factors driving demand for SRI include the greater emphasis on health nutrition, the growing awareness with regard to the detrimental effects of excessive intake of salt, improvement in taste, and increased demand for processed foods.
