Brazil Sodium Reduction Ingredients Market Size
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Historical Data Period | 2019 - 2022 |
| CAGR | 3.78 % |
| Market Concentration | Low |
Major Players
*Disclaimer: Major Players sorted in no particular order |
Brazil Sodium Reduction Ingredients Market Analysis
Brazil Sodium Reduction Ingredient Market is projected to reach a CAGR of 3.78% during the forecast period 2020-2025.
- Growth in the food industry, especially the packaged and processed food segments, increases the consumption of sodium, among the consumers in Brazil. To reduce this high consumption, the manufacturers are making products that are tasty and healthy, but with less sodium content.
- The demand for these products in the region is likely to witness rapid growth as countries, such as Brazil and Argentina with a large population of hypertensive individuals that have been advised to either cut down on or completely eliminate their sodium intake would be instrumental in propelling growth for SRI.
Brazil Sodium Reduction Ingredients Market Trends
This section covers the major market trends shaping the Brazil Sodium Reduction Ingredients Market according to our research experts:
Increasing Demand of Low-Sodium Table Salt is Likely to Fuel the Market Growth
Low-sodium foods have become an important part of consumer habits in the country. The young population of the country is much more emphasizing on the use of health-conserving products due to their transforming lifestyles. The patients of acute hypertension in Brazil are increasingly opting for food and beverage products that claim to be low in sodium content and Moreover, the use of table salt that has less of the sodium component is being encouraged in the country to reduce the chances of electrolyte imbalance condition among the locals.
Mineral Salts holds a Prominent Share in the Market Studied
Mineral salts, such as potassium chloride, magnesium sulfate, 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. 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 sodium reduction ingredients market in Brazil.
Brazil Sodium Reduction Ingredients Industry Overview
The key players in this market have been involved in the process of developing a range of customized solutions to target the specific needs of the food manufacturers and consumer health. Thus, the sodium reduction ingredients market has been gaining more global presence and acceptance among authorities. Some of the major key players in the sodium reduction ingredients market in Brazil include Biospringer, Tate & Lyle Plc, Sensient Technologies Corp, Givaudan SA among others.
Brazil Sodium Reduction Ingredients Market Leaders
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Givaudan SA
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Tate & Lyle Plc
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Biospringer
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Kerry Group plc
*Disclaimer: Major Players sorted in no particular order
Brazil Sodium Reduction Ingredients Market Report - Table of Contents
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1. INTRODUCTION
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1.1 Study Deliverables and Study Assumptions
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1.2 Scope of the Study
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2. RESEARCH METHODOLOGY
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3. EXECUTIVE SUMMARY
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4. MARKET DYNAMICS
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4.1 Market Drivers
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4.2 Market Restraints
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4.3 Porter's Five Forces Analysis
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4.3.1 Threat of New Entrants
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4.3.2 Bargaining Power of Buyers/Consumers
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4.3.3 Bargaining Power of Suppliers
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4.3.4 Threat of Substitute Products
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4.3.5 Intensity of Competitive Rivalry
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5. MARKET SEGMENTATION
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5.1 By Product Type
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5.1.1 Amino Acids & Glutamates
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5.1.2 Mineral Salts
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5.1.3 Yeast Extracts
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5.1.4 Others
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5.2 By Application
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5.2.1 Bakery & Confectionery
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5.2.2 Condiments, Seasonings & Sauces
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5.2.3 Dairy & Frozen Foods
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5.2.4 Meat & Seafood Products
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5.2.5 Snacks and Savoury Products
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5.2.6 Others
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6. COMPETITIVE LANDSCAPE
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6.1 Most Adopted Strategies
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6.2 Market Position Analysis
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6.3 Company Profiles
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6.3.1 Biospringer
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6.3.2 Tate & Lyle Plc
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6.3.3 Givaudan SA
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6.3.4 Sensient Technologies Corp
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6.3.5 Kerry Group Plc
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6.3.6 Corbion NV
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- *List Not Exhaustive
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7. MARKET OPPORTUNITIES AND FUTURE TRENDS
Brazil Sodium Reduction Ingredients Industry Segmentation
Brazil sodium reduction ingredients market is segmented by product type and application. On the basis of product type, the market is segmented into Amino Acids & Glutamates, Mineral Salts, Yeast Extracts, and Others. On the basis of 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 & Seafood Products | |
| Snacks and Savoury Products | |
| Others |
Brazil Sodium Reduction Ingredients Market Research FAQs
What is the current Brazil Sodium Reduction Ingredients Market size?
The Brazil Sodium Reduction Ingredients Market is projected to register a CAGR of 3.78% during the forecast period (2024-2029)
Who are the key players in Brazil Sodium Reduction Ingredients Market?
Givaudan SA, Tate & Lyle Plc, Biospringer and Kerry Group plc are the major companies operating in the Brazil Sodium Reduction Ingredients Market.
What years does this Brazil Sodium Reduction Ingredients Market cover?
The report covers the Brazil Sodium Reduction Ingredients Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Brazil Sodium Reduction Ingredients Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
Brazil Sodium Reduction Ingredients Industry Report
Statistics for the 2024 Brazil Sodium Reduction Ingredients market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Brazil Sodium Reduction Ingredients analysis includes a market forecast outlook to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.
