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Sodium Reduction Ingredients Market - Growth, Trends, COVID-19 Impact, and Forecasts (2021 - 2026)
Global Sodium Reduction Ingredients Market is segmented by Product Type (Amino Acids & Glutamates, Mineral Salts, Yeast Extracts, and Others), By Application (Bakery & Confectionery, Condiments, Seasonings & Sauces, Dairy & Frozen Foods, Meat & Meat Products, Snacks, Others); and by Geography.
- ABOUT THIS REPORT
- Market Snapshot
- Market Overview
- Scope of the Report
- Key Market Trends
- Competitive Landscape
- Major Players
- TABLE OF CONTENTS
Market Snapshot
Study Period:
2016 - 2026
Base Year:
2020
Fastest Growing Market:
Asia Pacific
Largest Market:
North America
CAGR:
11.71 %
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Market Overview
Global Sodium Reduction Ingredients Market is projected to grow at a CAGR of 11.71% during the forecast period (2020 - 2025).
- Growth in the food industry, especially the packaged and processed food segments, increases the consumption of sodium, among the consumers. To reduce this high consumption, the manufacturers are making products that are tasty and healthy, but with less sodium content.
- The levels of sodium and the ingredients used to reduce sodium content differ across applications, mainly due to the variations in taste, texture, and usage requirements of each application.
- Mineral salt is the leading ingredient type in the global SRI market, which accounted for a major share in the market in 2018. This is mainly due to factors, like, wide availability, high functional benefits, and moderate price, compared to other ingredients. However, natural sodium reducing ingredients, such as yeast, are growing at a faster pace.
Scope of the Report
The global sodium reduction ingredients market is segmented by product type and application. Based on product type, the market is segmented into amino acids & glutamates, mineral salts, yeast extracts, and others. Mineral salts are further segmented into potassium chloride, magnesium sulphate, potassium lactate, calcium chloride. Based on application, the market is segmented into bakery & confectionery, condiments, seasonings & sauces, dairy & frozen foods, meat & meat products, snacks, others. Based on geography, the study provides an analysis of the sodium reduction ingredients market in the emerging and established markets across the globe, including North America, Europe, Asia-Pacific, South America, and Middle East & Africa.
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| Amino Acids & Glutamates | ||||||
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| Yeast Extracts | ||||||
| Others |
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| Bakery & Confectionery | |
| Condiments, Seasonings & Sauces | |
| Dairy & Frozen Foods | |
| Meat & Meat Products | |
| Snacks | |
| Others |
| Geography | |||||||||
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Key Market Trends
Growing Consumer Awareness Toward High Sodium Intake
Increasing consumer preferences towards healthy foods owing to the growing awareness of the harmful effects of consuming excessive salts on the body are expected to boost the overall growth for the sodium reduction ingredient market. Besides, governmental interventions coupled with multi-sector efforts by several organizations have raised awareness regarding the harmful effects of excessive consumption of sodium on the body. According to WHO, an estimated number of 2.5 million deaths could be prevented each year, if the global salt consumption is reduced to the recommended level. Thus, growing public awareness has anticipated boosting the overall growth in the demand for sodium reducing ingredients market.
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Asia-Pacific Witnessed a Significant Growth
North America holds the major share in sodium reducing ingredients market, owing to the presence of several fast food and other food processing industries in the region. Also, governmental initiatives undertaken to increase consumer awareness towards the benefits of sodium reducing ingredients is expected to boost the overall market in the region. Europe is the second-largest market owing to the presence of health-conscious individuals in the region. The Asia Pacific is expected to witness rapid growth in the demand for sodium reducing ingredients owing to the growing consumer preference for packed food in the region. The presence of highly populated countries such as China and India is expected to drive the overall sodium reducing ingredient market in the region.
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Competitive Landscape
Some of the major key players in the sodium reduction ingredients market, globally includes Advanced Food Systems Inc, Cargill Inc., Givaudan, DuPont, AngelYeast Co., Ltd, Dr. Paul Lohmann GmbH & Co. KGaA, K+S Kali GMBH, among others.
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Table Of Contents
1. INTRODUCTION
1.1 Study Deliverables
1.2 Study Assumptions
1.3 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS
4.1 Market Drivers
4.2 Market Restraints
4.3 Porter's Five Force Analysis
4.3.1 Threat of New Entrants
4.3.2 Bargaining Power of Buyers/Consumers
4.3.3 Bargaining Power of Suppliers
4.3.4 Threat of Substitute Products
4.3.5 Intensity of Competitive Rivalry
5. MARKET SEGMENTATION
5.1 By Product Type
5.1.1 Amino Acids & Glutamates
5.1.2 Mineral Salts
5.1.2.1 Potassium Chloride
5.1.2.2 Magnesium Sulphate
5.1.2.3 Potassium Lactate
5.1.2.4 Calcium Chloride
5.1.3 Yeast Extracts
5.1.4 Others
5.2 By Application
5.2.1 Bakery & Confectionery
5.2.2 Condiments, Seasonings & Sauces
5.2.3 Dairy & Frozen Foods
5.2.4 Meat & Meat Products
5.2.5 Snacks
5.2.6 Others
5.3 Geography
5.3.1 North America
5.3.1.1 United States
5.3.1.2 Canada
5.3.1.3 Mexico
5.3.1.4 Rest of North America
5.3.2 Europe
5.3.2.1 United Kingdom
5.3.2.2 Germany
5.3.2.3 France
5.3.2.4 Russia
5.3.2.5 Italy
5.3.2.6 Spain
5.3.2.7 Rest of Europe
5.3.3 Asia Pacific
5.3.3.1 India
5.3.3.2 China
5.3.3.3 Japan
5.3.3.4 Australia
5.3.3.5 Rest of Asia-Pacific
5.3.4 South America
5.3.4.1 Brazil
5.3.4.2 Argentina
5.3.4.3 Rest of South America
5.3.5 Middle East & Africa
5.3.5.1 South Africa
5.3.5.2 Saudi Arabia
5.3.5.3 Rest of Middle East & Africa
6. COMPETITIVE LANDSCAPE
6.1 Most Active Companies
6.2 Most Adopted Strategies
6.3 Market Share Analysis
6.4 Company Profiles
6.4.1 Advanced Food Systems Inc
6.4.2 Cargill Inc.
6.4.3 Givaudan
6.4.4 DuPont
6.4.5 AngelYeast Co., Ltd
6.4.6 Kerry Group Plc
6.4.7 Dr. Paul Lohmann GmbH & Co. KGaA
6.4.8 K+S Kali GMBH
7. MARKET OPPORTUNITIES AND FUTURE TRENDS
*List Not Exhaustive
** Subject to Availability
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