Market Size of North America Sodium Reduction Ingredients Industry
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Historical Data Period | 2019 - 2022 |
| CAGR | 8.40 % |
| Market Concentration | Low |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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North America Sodium Reduction Ingredients Market Analysis
North America Sodium Reduction Ingredient Market is projected to grow at a CAGR of 8.4% during the forecast period (2020-2025).
- Some of the major factors driving demand for SRI include the greater emphasis on health nutrition, the growing awareness with regard to the detrimental effects of excessive intake of salt, improvement in taste, and increased demand for processed foods.
- Growth in the food industry, especially the packaged and processed food segments, increases the consumption of sodium, among the consumers in North America. To reduce this high consumption, the manufacturers are making products that are tasty and healthy, but with less sodium content.
North America Sodium Reduction Ingredients Industry Segmentation
North America sodium reduction ingredients market is segmented by product type, application, and geography. 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 and savoury products, and others. Based on geography, the report provides a regional analysis, which includes United States, Canada, Mexico, Rest of North America.
| 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 |
| By Geography | |
| United States | |
| Canada | |
| Mexico | |
| Rest of North America |
North America Sodium Reduction Ingredients Market Size Summary
The North America Sodium Reduction Ingredient (SRI) market is experiencing significant growth, driven by an increasing focus on health and nutrition, alongside a rising awareness of the negative health impacts associated with excessive salt consumption. This trend is further fueled by the demand for processed foods, as manufacturers strive to create products that are both flavorful and healthier, with reduced sodium content. The expansion of the food industry, particularly in the packaged and processed food sectors, is contributing to higher sodium consumption, prompting a shift towards sodium reduction solutions. The busy lifestyles in countries like the United States and Canada, coupled with advancements in the retail market and stable economic conditions, are expected to further boost the consumption of bakery and processed foods, thereby enhancing the demand for SRIs.
Mineral salts such as potassium chloride, magnesium sulfate, calcium chloride, and potassium lactate are commonly utilized as sodium reduction ingredients due to their availability and ability to mimic the taste and functionality of regular salt. Potassium chloride, in particular, is favored for its similar taste profile to sodium chloride, making it a popular choice for food manufacturers aiming to reduce sodium levels without compromising flavor. The market is characterized by active research and development efforts by manufacturers to introduce innovative products with appealing flavors and healthy ingredients. Key players in the North American SRI market, including Biospringer, Tate & Lyle Plc, Advanced Food Systems Inc, and Kerry Group Plc, are focused on developing customized solutions to meet the specific needs of food manufacturers and health-conscious consumers, thereby increasing the market's global presence and acceptance.
North America 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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2.1.3 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 & Seafood Products
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2.2.5 Snacks and Savoury Products
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2.2.6 Others
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2.3 By Geography
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2.3.1 United States
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2.3.2 Canada
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2.3.3 Mexico
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2.3.4 Rest of North America
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North America Sodium Reduction Ingredients Market Size FAQs
What is the current North America Sodium Reduction Ingredients Market size?
The North America Sodium Reduction Ingredients Market is projected to register a CAGR of 8.40% during the forecast period (2024-2029)
Who are the key players in North America Sodium Reduction Ingredients Market?
Givaudan SA, Tate & Lyle Plc, Kerry Group Plc, Biospringer and Corbion are the major companies operating in the North America Sodium Reduction Ingredients Market.
