Market Size of North America Sodium Reduction Ingredients Industry
Study Period | 2019 - 2029 |
Base Year For Estimation | 2023 |
Forecast Data Period | 2024 - 2029 |
Historical Data Period | 2019 - 2022 |
CAGR | 8.40 % |
Market Concentration | Low |
Major Players*Disclaimer: Major Players sorted in no particular order |
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North America Sodium Reduction Ingredients Market Analysis
North America Sodium Reduction Ingredient Market is projected to grow at a CAGR of 8.4% during the forecast period (2020-2025).
- Some of the major factors driving demand for SRI include the greater emphasis on health nutrition, the growing awareness with regard to the detrimental effects of excessive intake of salt, improvement in taste, and increased demand for processed foods.
- Growth in the food industry, especially the packaged and processed food segments, increases the consumption of sodium, among the consumers in North America. To reduce this high consumption, the manufacturers are making products that are tasty and healthy, but with less sodium content.