The global sodium reduction ingredients market is expected to register a CAGR of about 10% during 2018-2023 (the forecast period). The demand for sodium reduction ingredients is growing, due to increase in health & wellness awareness and rising cardio diseases. The global food ingredient manufacturers lead the sodium reduction ingredients market with their strong technical expertise, customer base, distribution network, geographical presence, and wide product portfolio. Cargill Inc. was one of the dominant players in 2017, with its innovative product offerings in the mineral salts segment.
Growing demand for health nutrition food products, paired with the rising consumer awareness about harmful effects of excess sodium intake, is driving the global sodium reduction ingredients market. Additionally, government and private company intervention to increase the public awareness, about the harmful effect of excess sodium intake and rising demand for processed food (which contains salt more than any other food products) among people, is further expected to increase the demand for sodium reduction ingredients to some extent.
However, changing tastes and preferences of people, toward products with reduced sodium content from food containing high levels of salt, are the major challenge faced by this market.
Changing consumer consumption trends, toward healthy nutritious food products, is fueling up product penetration and the purchasing power of individuals. This is providing an opportunity to the market players to invest in this market. Further, increasing R&D activities, to develop better ingredients, is expected to provide a competitive advantage to market participants.
The global sodium reduction ingredients market has been segmented on the basis of product type, application, and geography. Potassium chloride (KCL) is the most preferred sodium reduction ingredient among all mineral salts, due its similar taste profile as that of salt (sodium chloride).
North America is the largest market for sodium reduction ingredients, due to high consumption of sodium in the region. Asia-Pacific is the fastest growing market for sodium reduction ingredients.
March 2018- Salt of the Earth Ltd. helped companies to reduce sodium with Mediterranean Umami. It is a proprietary blend of vegetable concentrates and extracts, plus natural sea salt rich in umami flavor compounds. It helps enhance flavor and contributes to an overall savory flavor profile, giving products a more desirable taste, along with reducing the use of salt.
Major Players: Advanced Food Systems Inc., Angel Yeast Co. Ltd, Armor Proteines SAS, Biospringer, Cambrian Solutions Inc., Carbery Group, Cargill Inc., Dr. Paul Lohmann Gmbh KG, El Du Pont De Nemours & Co. (Danisco A/S), Givaudan SA, ICl - Performance Products LP, Innophos Holding Inc., Jungbunzlauer Suisse Ag, K+S Kali GMBH, Kerry Group PLC., Kudos Blends, and Novozymes, among others.
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