Market Size of South Africa Sodium Reduction Ingredients Industry
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Historical Data Period | 2019 - 2022 |
| CAGR | 6.40 % |
| Market Concentration | Medium |
Major Players
*Disclaimer: Major Players sorted in no particular order |
Need a report that reflects how COVID-19 has impacted this market and its growth?
South Africa Sodium Reduction Ingredients Market Analysis
The South African sodium reduction ingredients market is projected to register a CAGR of 6.4% over the forecast period, 2020 to 2025.
- The South African market for SRI is in its expansion phase, due to the expansion of beef production over the last two decades. Salt is a major ingredient for the meat industry, which increases the risks involved with it. Hence, sodium reduction is of utmost importance in this region. South Africa, which is the major economy in this region, set mandatory targets for various food products in 2013.
- Some of the major factors driving demand for SRI include the greater emphasis on health and nutrition, growing knowledge about the detrimental effects of excessive intake of salt, improvements in taste, and increased demand for processed foods.
