Market Size of Canada Sodium Reduction Ingredients Industry
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Historical Data Period | 2019 - 2022 |
| CAGR | 7.23 % |
| Market Concentration | Low |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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Canada Sodium Reduction Ingredients Market Analysis
The Canadian sodium reduction ingredients market is expected to register a CAGR of 7.23% over the forecast period, 2020 to 2025.
- Canadian food and beverage manufacturers are making progress in voluntarily reducing the amount of sodium in their food supplies, while maintaining product safety, taste, texture, and stability. As there continues to be challenges in reducing the sodium content, most Canadians opt for low-sodium foods, nowadays.
- The increasing demand from the processed food industry is expected to play a major role in the upcoming years. The key players in the savory snacks segment are also introducing new product variants with low sodium content.
