Gloabl Sodium Reduction Ingredients Market Overview
The global Sodium Reduction Ingredients Market is expected to reach USD 1.95 billion by 2030 and is expected to register a CAGR of 7.66% during the forecast period of 2022 to 2030. The sodium reduction ingredients are the ingredients which are used to reduce the sodium content of the processed food. Processed and fast foods generally contain high sodium as compared to fresh cooked or home-made products. This has a severe impact on health of an individual as high consumption of sodium results have negative impact on heart and kidney. It results in increased blood pressure, affects bone density leading to osteoporosis and affects the kidney function. The increasing awareness among the consumers regarding these negative impacts has set the trend for lowering sodium consumption. Thus, manufacturers engaged in the development and marketing of sodium reduction ingredients portfolio comprising mineral salts, amino acids, and yeast extracts to cater to the growing trend for the growth of the market.
Segmentation
The global sodium reduction ingredients market has been segmented based on type, application, and region. Based on type, the global market has been classified as amino acids, mineral salts, yeast extracts, and others. The mineral salts are further bifurcated into potassium chloride, magnesium sulfate, potassium lactate, calcium chloride, and others. Based on application, the global market has been classified as bakery & confectionery, dairy & frozen foods, sweet & savory snacks, meat, seafood & poultry, soup, salads, & dressings, and others. The global market has been studied with regards to four key regions—North America, Europe, Asia-Pacific, and the rest of the world. The North American sodium reduction ingredients market has further been categorized as the US, Canada, and Mexico. The European sodium reduction ingredients market has been divided into Germany, France, Italy, Spain, the UK, and the rest of Europe. The sodium reduction ingredients market in Asia-Pacific has been divided into China, India, Japan, Australia and New Zealand, and the rest of Asia-Pacific. The sodium reduction ingredients industry in the rest of the world has been segmented into South America, the Middle East, and Africa.
Key Players
DSM NV (Netherlands), Cargill Inc. (US), AngelYeast Co., Ltd. (China), Kerry Group plc (Ireland), Jungbunzlauer Suisse AG (Switzerland), Innophos Holdings Inc. (US), Sensient Technologies Corporation (US), Tate & Lyle PLC (UK), Givaudan SA (Switzerland), Corbion N.V. (Netherlands), and Barcelonesa Food Ingredients (Spain) are some of the key players in the global sodium reduction ingredients market.
Regional Market Summary Global Sodium Reduction Ingredients Market Share (%), by Region, 2021
Type: Secondary Types and MRFR Analysis The market in North America is expected to dominate the market for sodium reduction ingredients market during the forecast period, the US being the largest contributor in the region. The growing health consciousness among the consumers and increasing awareness among the consumers regarding the negative impacts on health of high consumption sodium is driving the growth of the market. Europe is projected to be the fastest growing region during the forecast period Global Market, by Type
- Amino Acids
-
Mineral Salts
- Potassium Chloride
- Magnesium Sulfate
- Potassium Lactate
- Calcium Chloride
- Others
Global Market, by Application
Global Market, by Region
-
Europe
- Germany
- France
- Italy
- Spain
- UK
- Rest of Europe
-
Asia-Pacific
- Japan
- China
- India
- Australia and New Zealand
- Rest of Asia-Pacific
-
Rest of the World (RoW)
- South America
- Middle East
- Africa
Intended Audience
- Sodium Reduction Ingredients Manufacturers
- Food Ingredient and Additive Manufacturers
- Food Processors
- Dealers and distributors
- Raw material suppliers and distributors
- Traders, exporters, and importers
Report Attribute/Metric
|
Details
|
Market Size
|
USD 1.95 Billion
|
CAGR
|
7.66% (2022-2030)
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Base Year
|
2021
|
Forecast Period
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2022-2030
|
Historical Data
|
2020
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Forecast Units
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Value (USD Billion)
|
Report Coverage
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Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
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Segments Covered
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By Type, By Application, and By Region
|
Geographies Covered
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North America, Europe, Asia-Pacific, and Rest of the World (RoW)
|
Key Vendors
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DSM NV (Netherlands), Cargill Inc. (US), AngelYeast Co. Ltd. (China), Kerry Group plc (Ireland), Jungbunzlauer Suisse AG (Switzerland), Innophos Holdings Inc. (US), Sensient Technologies Corporation (US), Tate & Lyle PLC (UK), Givaudan SA (Switzerland), Corbion N.V. (Netherlands), Barcelonesa Food Ingredients (Spain)
|
Key Market Opportunities
|
Manufacturers engaged in the development and marketing of sodium reduction ingredients portfolio
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Key Market Drivers
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Increasing awareness about negative impact of high sodium consumption
|
Sodium Reduction Ingredients Market Highlights:
Frequently Asked Questions (FAQ) :
Sodium reduction ingredients market is set to accrue revenues at 7.66% CAGR from 2022 to 2030
Sodium reduction ingredients market value can touch USD 1.95 billion by 2030
Barcelonesa Food Ingredients, Innophos Holdings Inc., Cargill Inc., Kerry Group plc, DSM NV, Tate & Lyle PLC, Sensient Technologies Corporation, AngelYeast Co., Ltd., Corbion N.V., Givaudan SA, and Jungbunzlauer Suisse AG are notable players of the sodium reduction ingredients market.
High costs of these ingredients can hamper the global sodium reduction ingredients market.
North America can lead the global sodium reduction ingredients market till 2030 due to its benefits among the populace.
High number of cases of osteoporosis and kidney diseases is the major factor driving the global sodium reduction ingredients market.
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