SODIUM REDUCTION INGREDIENT MARKET ANALYSIS AND FUTURE SCOPE PowerPoint PPT Presentation

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Title: SODIUM REDUCTION INGREDIENT MARKET ANALYSIS AND FUTURE SCOPE


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  • Coherent Market Insights
  • Market Research and Business Consulting Services
  • https//www.coherentmarketinsights.com/
  • COVID-19 Impact Tracker

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SODIUM REDUCTION INGREDIENT MARKET ANALYSIS
  • Sodium Reduction Ingredient Market, By Ingredient
    (Amino Acids, Mineral Blends (Magnesium Sulphate,
    Calcium Chloride, Potassium Sulphate, Potassium
    Chloride, Potassium Lactate), Yeast Extracts,
    Others), By Application (Sauces/Dips, Dressings,
    Snacks, Bakery Products, Cheese/Butter, Frozen
    Food, Others), and By Region (North America,
    Latin America, Europe, Asia Pacific, Middle East
    Africa) - Size, Share, Outlook, and Opportunity
    Analysis, 2020 - 2027

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  • Sodium reduction ingredient is important to
    reduce the excess amount of sodium present in the
    food as it can lead to various health issues such
    as cardiovascular diseases and hypertension.
    Sodium helps to improve the texture and sensory
    quality of the food and also, preserve the food
    from spoilage. Sodium reduction ingredient reduce
    the excessive amount of the sodium present in the
    food while maintain the critical features of the
    food such as safety, taste, texture, and
    shelf-life.
  • The global sodium reduction ingredient market is
    projected to reach around US 2158.7 million by
    the end of 2027, in terms of revenue, growing at
    CAGR of 12.2 during the forecast period
    (2020-2027).
  • Drivers
  • Growing demand for processed food due to changing
    lifestyle is primarily fueling the market growth
    of the sodium reduction ingredient. Rising
    consumption of packaged food with less salt is
    also anticipated to foster the market growth of
    the sodium reduction ingredient. Moreover,
    growing awareness regarding the negative health
    effect of excessive consumption of the sodium
    ingredients is further expected to augment the
    market growth of the sodium reduction ingredient.
    North America region dominated the global sodium
    reduction ingredient market in 2019, accounting
    for 31.9 share in terms of value, followed by
    Europe and Asia Pacific, respectively.

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Figure 1. Global Sodium Reduction Ingredient
Market Share () in terms of Value, By Region, in
2019
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  • Market Restraints
  • The high cost of the final product as it requires
    lots of processes that increased the overall cost
    of the product. According to the Coherent Market
    Insights, reduced salt products cost at least
    5.0 more than normal products.

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  • Market Opportunities
  • Increasing application of sodium reduction
    ingredient in confectioneries, frozen foods, and
    bakery food products is expected to bring new
    growth opportunities to the market. Growing
    consumption of treated food around the globe
    coupled with the increasing use of the sodium
    reduction ingredients in pizzas, sandwiches, and
    bread is another major factor projected to
    augment the market growth of sodium reduction
    ingredient over the forecast period.
  • The rising prevalence of the food flavors and
    sauces seasonings is expected to provide
    potential growth opportunities to the market.
    Growing R D activities by manufacturer supported
    by favorable government policies to develop an
    innovative and new product with enhanced
    properties is projected to foster the market
    growth. Growing diagnosis of cardiac ailments is
    another major factor projected to foster the
    market growth of the sodium reduction ingredient.

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Figure 2. Global Sodium Reduction Ingredient
Market Opportunity Analysis
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  • Market Trends
  • Most of the food brands are focusing on reducing
    the sodium content is one of the current major
    trends and this trend is expected to augment the
    market growth of the sodium reduction ingredient.
    According to the Coherent Market Insights
    analysis, PepsiCo Inc. the reduced salt content
    in Walkers Crisps and Walkers Lights by 25 and
    that in Walkers Sensations by around 45. The
    company also reduced-sodium levels in its snack
    products by 2555.
  • On the basis of application in 2019, the snacks
    segment has accounted the largest market share of
    26.2 in terms of value, followed by frozen foods
    and bakery products segment respectively

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Figure 3. Global Sodium Reduction Ingredient
Market Share () in terms of Value, By
Application, in 2019
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  • Regulations
  • World Health Organization (WHO) recommends that
    adults consume less than 2,000 mg of sodium or 5
    grams of salt, per day. Moreover, the Dietary
    Guidelines for Americans 2010 recommends that
    daily sodium intake should be less than 2,300 mg
    per day and less than 1,500 mg for people aged 51
    and above.
  • Global Sodium Reduction Ingredient Market -
    Impact of Coronavirus (Covid-19) Pandemic
  • Food being an essential commodity, the demand for
    food ingredients such as sodium reduction
    ingredient is expected to rise during the
    pandemic and post pandemic conditions, worldwide.
    Having said that, Coronavirus (Covid-19) has
    majorly impacted the food beverages industry
    and in turn has changed the dynamics of entire
    ecosystem including raw material suppliers
    supplying food ingredients. Lockdown in various
    nations such as India, China and Spain, among
    others and cease in the subsequent trade
    activities has paralyzed the supply chain.
    Lockdown in various countries is expected to
    impact supply chain system of sodium reduction
    ingredient, which will hamper growth of sodium
    reduction ingredient market for short period.

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  • Download PDF Brochure
  • Talk to Analyst
  • Reference https//www.coherentmarketinsights.com/
    market-insight/sodium-reduction-ingredient-market-
    3970

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About Us
  • Coherent Market Insights is a global market
    intelligence and consulting organization focused
    on assisting our plethora of clients achieve
    transformational growth by helping them make
    critical business decisions.
  • What we provide
  • Customized Market Research Services
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  • Market Intelligence Services
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Contact Us
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  • Coherent Market Insights Pvt.Ltd.
  • Address 1001 4th Ave, 3200 Seattle, WA 98154,
    U.S.
  • Phone 1-206-701-6702
  • Email sales_at_coherentmarketinsights.com

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