Market Trends of Australia Sodium Reduction Ingredients Industry
This section covers the major market trends shaping the Australia Sodium Reduction Ingredients Market according to our research experts:
Increasing Consumption of Bakery Products
The consumption of bakery products in Australia is expected to increase, assisted by the growth in country population, development 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. Moreover, the growing knowledge with regard to the detrimental effects of excessive intake of salt, improvement in taste, and increased demand for sodium reduction ingredients in bakery products.
Mineral Salts holds the Largest Market Share in the Market Studied
Mineral salts, such as potassium chloride, magnesium sulphate, calcium chloride, and potassium lactate, among others, are widely used as SRIs, owing to their widespread availability and potential to replace normal salt in terms of its functionalities and taste. For example, Potassium chloride (KCL) is the most preferred SRI among mineral salts, due to its similar taste profile like salt (NaCl). Furthermore, food manufacturers use different mineral salts when they are formulating low-sodium or reduced-sodium products. This salt substitute provides a seasoning alternative for manufacturers looking to reduce sodium, while also maintaining flavor by using salts, like potassium chloride, to imitate salt (sodium chloride) in food products, which in turn boosting the market studied.
