Market Size of United States Sodium Reduction Ingredient Industry
Study Period | 2019 - 2029 |
Base Year For Estimation | 2023 |
Forecast Data Period | 2024 - 2029 |
Historical Data Period | 2019 - 2022 |
CAGR | 6.21 % |
Market Concentration | Low |
Major Players*Disclaimer: Major Players sorted in no particular order |
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US Sodium Reduction Ingredient Market Analysis
United States Sodium Reduction Ingredient Market is projected to grow at a CAGR of 6.21% during the forecast period (2020 - 2025).
- The rising awareness among consumers on the ill effects of excessive sodium intake is one of the key driving factors for market growth.
- 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.
- The passing of government regulations is directing the food manufacturers to reduce sodium content in packaged food products and resulting in the usage of SRIs in bakery and snacks end-user applications.