Argentina Sodium Reduction Ingredient Market Size
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Historical Data Period | 2019 - 2022 |
| CAGR | 3.34 % |
| Market Concentration | High |
Major Players
*Disclaimer: Major Players sorted in no particular order |
Argentina Sodium Reduction Ingredient Market Analysis
The Argentina Sodium Reduction Ingredient market is forecasted to witness a CAGR of 3.34% during the forecast period (2020 - 2025).
- Argentina's Ministry of Health has since launched voluntary salt-reduction agreements with the leading producers of industrialized foods in the country. In a short time, more than 50 key producers agreed to reduce sodium levels over the coming years in 528 products, including cheese, cookies, pasta, sausages, and soups, as well as different types of bread. Bread consumption was responsible for over 25% of the total national sodium intake. Therefore this factor is driving the Argentina sodium reduction ingredient market.
Argentina Sodium Reduction Ingredient Market Trends
This section covers the major market trends shaping the Argentina Sodium Reduction Ingredient Market according to our research experts:
Argentina Government Regulation for Reduced Salt Intake
Argentina became the world's second country after South Africa to pass a comprehensive bill to reduce salt intake, the percentage of the national population adding salt to food after cooking or sitting at the table fell from 25% in 2009 to 17% in 2013. These and other findings of Argentina's Third National Survey of Risk Factors, launched in September 2014, indicate that 'Less salt, more life' is a well-designed public-private partnership that can broadly improve health. Therefore, this factor is expected to increase the infusion and application of sodium reduction ingredients in various food and beverage products being manufactured in the country, moreover driving the market forward in the country.
Increasing Application for Yeast Extract
Yeast extract is currently one of the most effective solutions on the market to reduce salt since it offers many taste properties to support the development of salt-reduced food and beverages. Used in very small quantity, yeast extract provides taste to soups, sauces, ready meals, and other savory food applications, just like spices do, and reduces that way the need for seasoning, salt included. There are many examples of everyday food products using yeast extract to reduce salts such as Bolognese sauce, chicken broth, or bacon-flavored snacks. Moreover, with the strict regulations government regulation pertaining to Argentina processed food industry to reduce salt in its products, it is expected to increase the application of yeast extract in the sodium reduction ingredients in the food and beverage products in Argentina.
Argentina Sodium Reduction Ingredient Industry Overview
Some of the major key players in the sodium reduction ingredients market, in Argentina, are includes AngelYeast Co., Lesaffre, Koninklijke DSM N.V., MUBY CHEMICALS, and ANMOL CHEMICALS. Most of these companies are either manufacturing their sodium reduction ingredient or importing them in the country.
Argentina Sodium Reduction Ingredient Market Leaders
-
AngelYeast Co.
-
Lesaffre
-
Koninklijke DSM N.V.
-
MUBY CHEMICALS
-
ANMOL CHEMICALS
*Disclaimer: Major Players sorted in no particular order
Argentina Sodium Reduction Ingredient Market News
Argentina Sodium Reduction Ingredient Market Report - Table of Contents
1. INTRODUCTION
1.1 Study Deliverables and Study Assumptions
1.2 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 Forces 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
5.1.3 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
6. COMPETITIVE LANDSCAPE
6.1 Most Adopted Strategies
6.2 Market Position Analysis
6.3 Company Profiles
6.3.1 AngelYeast Co.
6.3.2 Lesaffre
6.3.3 Koninklijke DSM N.V.
6.3.4 MUBY CHEMICALS
6.3.5 ANMOL CHEMICALS
- *List Not Exhaustive
7. MARKET OPPORTUNITIES AND FUTURE TRENDS
Argentina Sodium Reduction Ingredient Industry Segmentation
The Argentina 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. Based on 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 & Meat Products | |
| Snacks | |
| Others |
Argentina Sodium Reduction Ingredient Market Research FAQs
What is the current Argentina Sodium Reduction Ingredient Market size?
The Argentina Sodium Reduction Ingredient Market is projected to register a CAGR of 3.34% during the forecast period (2024-2029)
Who are the key players in Argentina Sodium Reduction Ingredient Market?
AngelYeast Co., Lesaffre, Koninklijke DSM N.V., MUBY CHEMICALS and ANMOL CHEMICALS are the major companies operating in the Argentina Sodium Reduction Ingredient Market.
What years does this Argentina Sodium Reduction Ingredient Market cover?
The report covers the Argentina Sodium Reduction Ingredient Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Argentina Sodium Reduction Ingredient Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
Argentina Sodium Reduction Ingredient Industry Report
Statistics for the 2024 Argentina Sodium Reduction Ingredient market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Argentina Sodium Reduction Ingredient analysis includes a market forecast outlook to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.
