Global Sodium Reduction Ingredients Market - Growth, Trends and Forecasts (2018 - 2023)

Market Insight

The global sodium reduction ingredients market is expected to register a CAGR of 11.5% during the forecast period, 2018 to 2023. The global sodium reduction ingredient market was valued at USD 768.15 million in 2016. The sodium reduction ingredients market is on demand due to health & wellness awareness and rising cardio diseases. Growing food industry, especially with packaged and processed food, increases the consumption of sodium by the consumers. To reduce this high consumption, the manufacturers are making products that are tasty and healthy with less sodium content. North America is the largest market for sodium reduction ingredients. This can be attributed to the high consumption of sodium in the region, which leads to high scope for the sodium reduction market. North America is followed by Europe, and Asia-Pacific is the fastest growing market for SRI.

Growing Demand from the Food Processing Industry

A rapidly rising population and greater degrees of urbanization on a global level have boosted demand for processed & convenience food products, thus driving the demand for sodium reduction ingredients. Processed foods make up 70% of the U.S. diet. In Asian countries with greater disposable incomes and busy lifestyles, like India and China, demand for packaged, processed and ready-to-eat foods is increasing. 

Mineral Salts Widely Used as Sodium Reduction Ingredients

Mineral salts, such as potassium chloride, magnesium sulphate, calcium chloride, potassium lactate and so on, are widely used as SRIs, owing to their widespread availability and potential to replace normal salt in terms of functionalities and taste. Potassium chloride (KCL) is the most preferred SRI amongst mineral salts due its similar taste profile as that of salt (NaCl). Additionally, KCL is used in combination with calcium, magnesium and other potassium-based salts, as they impart bitter taste when they are used individually.

North America Dominates the Market Share

North America, due to the higher awareness among consumers and strong recommendations for reducing sodium content by health institutes, has seen an increase in the demand for SRI. In addition, high concentration of food ingredient manufacturers and significant technical expertise in flavor technologies has enabled the consistent innovation in the SRI segment. Food product manufacturers in this region are under pressure to reduce sodium content from health advocates as well as consumers.

Competitive Landscape

Global food ingredient manufacturers lead the SRIs market with their strong technical expertise, customer base, distribution network, geographical presence, and wide product portfolio. 

The key players of global sodium reduction ingredients market includes Cargill Inc. (US), Royal DSM (The Netherlands), Ajinomoto Co Inc. (Japan), Innophos Holding Inc. (US) and Jungbunzlauer AG (Switzerland) amongst others.

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