Italy Sodium Reduction Ingredients Market - Growth, Trends, COVID-19 Impact, and Forecasts (2021 - 2026)

Italy 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, and Others).

Market Snapshot

Italy Sodium Reduction Ingredients Market Summary
Study Period: 2016 - 2026
Base Year: 2020
CAGR: 3.78 %

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Market Overview

Italy Sodium Reduction Ingredients Market is projected to reach a CAGR of 3.78% 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.
  • Mineral salts dominate the market due to factors, like, wide availability, high functional benefits, and moderate price, compared to other ingredients.

Scope of the report

Italy Sodium Reduction Ingredients Market is segmented by product type and application. On the basis of product type, the market is segmented into Amino Acids & Glutamates, Mineral Salts, Yeast Extracts, and Others. On the basis of application, the market is segmented into Bakery & Confectionery, Condiments, Seasonings & Sauces, Dairy & Frozen Foods, Meat & Meat Products, Snacks, Others.

By Product Type
Amino Acids & Glutamates
Mineral Salts
Yeast Extracts
Others
By Application
Bakery & Confectionery
Condiments, Seasonings & Sauces
Dairy & Frozen Foods
Meat & Seafood Products
Snacks and Savoury Products
Others

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Key Market Trends

Increasing Demand of Low-Sodium Table Salt is Likely to Fuel the Market Growth

Low-sodium foods have become an important part of consumer habits in the country. The educated population of the country is much more emphasizing on the use of health-conserving products due to their transforming lifestyles. The patients of acute hypertension in Italy are increasingly opting for food and beverage products that claim to be low in sodium content and Moreover, the use of table salt that has less of the sodium component is being encouraged in the country to reduce the chances of electrolyte imbalance condition among the locals.

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Bakery Holds a Prominent Share

The growing demand for bakery products in Italy is expected to increase, assisted by the growth in the retail market and stable economic growth. Moreover, manufacturers are involved in gregarious research and development in order to introduce new products with innovative flavors & healthy ingredients and growth in the retail market are expected to drive the demand in the near future. Some of the major factors driving demand for SRI include the greater emphasis on health nutrition, the growing knowledge with regard to the detrimental effects of excessive intake of salt, improvement in taste, and increased demand for bakery products.

italy-sodium-reduction-ingredient-market

Competitive Landscape

The key players in this market have been involved in the process of developing a range of customized solutions to target the specific needs of the food manufacturers and consumer health. Thus, the sodium reduction ingredients market has been gaining more global presence and acceptance among authorities. Some of the major key players in the sodium reduction ingredients market in Italy include Leiber GmbH, Givaudan, Biospringer, Sensient Technologies Corp, Tate & Lyle Plc, Corbion, among others.

Table of Contents

  1. 1. INTRODUCTION

    1. 1.1 Study Deliverables and Study Assumptions

    2. 1.2 Scope of the Study

  2. 2. RESEARCH METHODOLOGY

  3. 3. EXECUTIVE SUMMARY

  4. 4. MARKET DYNAMICS

    1. 4.1 Market Drivers

    2. 4.2 Market Restraints

    3. 4.3 Porter's Five Forces Analysis

      1. 4.3.1 Threat of New Entrants

      2. 4.3.2 Bargaining Power of Buyers/Consumers

      3. 4.3.3 Bargaining Power of Suppliers

      4. 4.3.4 Threat of Substitute Products

      5. 4.3.5 Intensity of Competitive Rivalry

  5. 5. MARKET SEGMENTATION

    1. 5.1 By Product Type

      1. 5.1.1 Amino Acids & Glutamates

      2. 5.1.2 Mineral Salts

      3. 5.1.3 Yeast Extracts

      4. 5.1.4 Others

    2. 5.2 By Application

      1. 5.2.1 Bakery & Confectionery

      2. 5.2.2 Condiments, Seasonings & Sauces

      3. 5.2.3 Dairy & Frozen Foods

      4. 5.2.4 Meat & Seafood Products

      5. 5.2.5 Snacks and Savoury Products

      6. 5.2.6 Others

  6. 6. COMPETITIVE LANDSCAPE

    1. 6.1 Most Adopted Strategies

    2. 6.2 Market Position Analysis

    3. 6.3 Company Profiles

      1. 6.3.1 Givaudan

      2. 6.3.2 Kerry Group Plc

      3. 6.3.3 Tate & Lyle Plc

      4. 6.3.4 Sensient Technologies Corp

      5. 6.3.5 Corbion N.V.

      6. 6.3.6 Biospringer

      7. 6.3.7 Leiber GmbH

  7. 7. MARKET OPPORTUNITIES AND FUTURE TRENDS

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Frequently Asked Questions

The Italy Sodium Reduction Ingredients Market market is studied from 2016 - 2026.

The Italy Sodium Reduction Ingredients Market is growing at a CAGR of 3.78% over the next 5 years.

Givaudan, Tate & Lyle Plc, Kerry Group Plc, Corbion N.V are the major companies operating in Italy Sodium Reduction Ingredients Market.

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