Title: Sodium Reduction Ingredient Market
1- Coherent Market Insights
- Market Research and Business Consulting Services
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- COVID-19 Impact Tracker
2SODIUM 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
3- 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 12.2during the forecast
period (2020-2027).
4- 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.
5Figure 1. Global Sodium Reduction Ingredient
Market Share () in terms of Value, By Region, in
2019
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. 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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7- 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.
8Figure 2. Global Sodium Reduction Ingredient
Market Opportunity Analysis
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.
9Figure 3. Global Sodium Reduction Ingredient
Market Share () in terms of Value, By
Application, in 2019
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. 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.
10- 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.
11- Competitive Section
- Company Names
- Cambrian Solutions Inc.
- Kerry Group PLC
- Associated British Foods plc
- Givaudan SA ADR
- E. I. DUPONT DE NEMOURS AND COMPANY
- Innophos Holdings, Inc.
- Jungbunzlauer Suisse A.G.
- Sensient Technologies Corporation
- Tate Lyle PLC
- Few Recent Developments
- Cambrian Solutions Inc.
- In September 2019, Maroon Group LLC has announced
that it has acquired Cambrian Solutions Inc., a
distributor of specialty ingredients and
chemicals based in Oakville, Ontario, Canada.
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market-insight/sodium-reduction-ingredient-market-
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