Market Size of Sodium Reduction Ingredients Industry
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| CAGR | 11.71 % |
| Fastest Growing Market | Asia-Pacific |
| Largest Market | North America |
| Market Concentration | Low |
Major Players
*Disclaimer: Major Players sorted in no particular order |
Sodium Reduction Ingredients Market Analysis
The global sodium reduction ingredients market is projected to register a CAGR of 11.71% during the forecast period (2022 - 2027).
COVID-19 is an incomparable global public health emergency that has affected almost every industry, and the long-term effects are projected to impact industry growth during the forecast period. The increased health and diet awareness among the consumers shifting their preference to less sodium intake products and changes in consumer behavior and demand, purchasing patterns, re-routing of the supply chain, dynamics of current market forces, and the significant interventions of governments are expected to growth of the market.
Growth in the food industry, especially in the packaged and processed food segments, increases sodium consumption among consumers. To reduce this high consumption, manufacturers make tasty and healthy products with less sodium content. The levels of sodium and the ingredients used to reduce sodium content differ across applications, mainly due to each application's variations in taste, texture, and usage requirements.
Mineral salt is the leading ingredient in the global sodium reduction market, accounting for a significant market share. This is mainly due to wide availability, high functional benefits, and moderate price compared to other ingredients. However, natural sodium-reducing ingredients, such as yeast, are growing faster.
Sodium Reduction Ingredients Industry Segmentation
The global 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. Mineral salts are further segmented into potassium chloride, magnesium sulfate, potassium lactate, and calcium chloride. Based on application, the market is segmented into bakery & confectionery, condiments, seasonings & sauces, dairy & frozen foods, meat & meat products, snacks, and others. Based on geography, the study analyzes the sodium reduction ingredients market in the emerging and established markets across the globe, including North America, Europe, Asia-Pacific, South America, and Middle East & Africa. For each segment, the market sizing and forecasts have been done based on value (in USD million).
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| Amino Acids & Glutamates | ||||||
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| Yeast Extracts | ||||||
| Others |
| By Application | |
| Bakery & Confectionery | |
| Condiments, Seasonings & Sauces | |
| Dairy & Frozen Foods | |
| Meat & Meat Products | |
| Snacks | |
| Others |
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Sodium Reduction Ingredients Market Size Summary
The sodium reduction ingredients market is experiencing significant growth, driven by increasing consumer awareness of the health risks associated with high sodium intake. This shift in consumer behavior towards healthier dietary choices is influencing the demand for products with reduced sodium content. The market is characterized by the use of various ingredients to lower sodium levels, with mineral salts being the most prominent due to their availability and functional benefits. However, there is a notable rise in the adoption of natural sodium-reducing ingredients, such as yeast, reflecting a broader trend towards natural and health-conscious food options. The market's expansion is further supported by governmental initiatives and public health campaigns aimed at reducing sodium consumption, which are expected to continue influencing market dynamics.
Regionally, North America holds a substantial share of the sodium reduction ingredients market, bolstered by its robust food processing industry and governmental efforts to promote sodium reduction. Europe follows as the second-largest market, driven by a health-conscious population. The Asia Pacific region is anticipated to witness rapid growth, particularly in countries like China and India, due to the increasing preference for packaged foods. The competitive landscape of the market is marked by key players such as Cargill Inc., Advanced Food Systems Inc., and DuPont, who are actively investing in innovative product development and capacity expansion to meet the rising demand. These companies are focusing on creating customized solutions to cater to the specific needs of food manufacturers and health-conscious consumers, thereby capitalizing on the market's growth potential.
Sodium Reduction Ingredients Market Size - Table of Contents
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1. MARKET DYNAMICS
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1.1 Market Drivers
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1.2 Market Restraints
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1.3 Porter's Five Forces Analysis
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1.3.1 Threat of New Entrants
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1.3.2 Bargaining Power of Buyers/Consumers
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1.3.3 Bargaining Power of Suppliers
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1.3.4 Threat of Substitute Products
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1.3.5 Intensity of Competitive Rivalry
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2. MARKET SEGMENTATION
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2.1 By Product Type
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2.1.1 Amino Acids & Glutamates
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2.1.2 Mineral Salts
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2.1.2.1 Potassium Chloride
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2.1.2.2 Magnesium Sulphate
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2.1.2.3 Potassium Lactate
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2.1.2.4 Calcium Chloride
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2.1.3 Yeast Extracts
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2.1.4 Others
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2.2 By Application
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2.2.1 Bakery & Confectionery
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2.2.2 Condiments, Seasonings & Sauces
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2.2.3 Dairy & Frozen Foods
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2.2.4 Meat & Meat Products
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2.2.5 Snacks
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2.2.6 Others
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2.3 Geography
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2.3.1 North America
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2.3.1.1 United States
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2.3.1.2 Canada
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2.3.1.3 Mexico
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2.3.1.4 Rest of North America
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2.3.2 Europe
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2.3.2.1 United Kingdom
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2.3.2.2 Germany
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2.3.2.3 France
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2.3.2.4 Russia
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2.3.2.5 Italy
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2.3.2.6 Spain
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2.3.2.7 Rest of Europe
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2.3.3 Asia-Pacific
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2.3.3.1 India
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2.3.3.2 China
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2.3.3.3 Japan
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2.3.3.4 Australia
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2.3.3.5 Rest of Asia-Pacific
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2.3.4 South America
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2.3.4.1 Brazil
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2.3.4.2 Argentina
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2.3.4.3 Rest of South America
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2.3.5 Middle-East and Africa
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2.3.5.1 South Africa
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2.3.5.2 Saudi Arabia
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2.3.5.3 Rest of Middle-East and Africa
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Sodium Reduction Ingredients Market Size FAQs
What is the current Sodium Reduction Ingredients Market size?
The Sodium Reduction Ingredients Market is projected to register a CAGR of 11.71% during the forecast period (2024-2029)
Who are the key players in Sodium Reduction Ingredients Market?
Cargill Inc., Advanced Food Systems Inc., Kerry Group Plc, DuPont and AngelYeast Co., Ltd are the major companies operating in the Sodium Reduction Ingredients Market.
