Market Share Analysis for Sodium Reduction Ingredient Market, Trends, and Growth Prediction to 2022-2032

The global sodium reduction ingredients market is gaining momentum for growth and is expected to achieve a market value of USD 5,500 Mn in the year 2022, with a CAGR of 5.8% expected to reach a considerable market value of USD 9,665.4 Mn in the assessment year of 2022 to 2032. Even as the food industry grows, customers’ sodium intake climbs, especially in the packaged food category. Manufacturers are offering goods that are both flavourful and healthful, yet lower in sodium, to combat this excessive consumption.

Key Takeaway:

  • Mineral salts are likely to be a fast-growing market in a number of places during the next several years. Sodium reduction ingredients are likely to be in a growing market in the baking and confectionery industries, as well as the poultry and meat industry.
  • The sodium reduction ingredients market in India is expected to grow at a CAGR of 5.7 % over the forecast period of 2022 to 2032.
  • In Mexico, higher sodium or salt consumption has resulted in a number of health-related deaths, including cardiovascular disease, strokes, stomach cancer, osteoporosis, and renal disease. This is the major reason for the high demand for sodium reduction ingredients and the rapid growth of the market segment
  • Through the years 2022 and 2032, the sodium reduction ingredient segment of the United Kingdom is predicted to grow at a CAGR of 2.2 percent, reaching a market value of USD 375.1 million.

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“Sodium reduction ingredients are likely to be in high demand in the bakery and confectionery industries, as well as the livestock and meat industry. Mineral salt is the most significant component type in the global Sodium Reduction Ingredient market, accounting for a major portion of the market in the year 2018. This is due to factors such as extensive availability, high functional benefits, and a cost that is competitive with other components. Natural sodium-lowering ingredients such as yeast extract, are also growing at a faster rate,” says a Future Market Insights Analyst.

Future scope for market growth

The difficulty of drastically decreasing sodium in packaged foods while remaining clean-label & natural has been resolved with the development of innovative products that incorporate natural vegetable extracts, sea salt, or mineral salt. With technological advancement Manufacturers gain the advantage of formulating lower sodium in products such as sauces, pastries, soups, and other packaged meals as a result of the development of these items. Mineral salts can help to lessen the health risks associated with excessive sodium consumption. Food manufacturers employ yeast extract, a sort of specialist yeast product, to reduce sodium levels in their goods by up to 20-30 percent. Chips and salty foods have a lot of potentials now that people are gravitating toward healthier snacks and foods.

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Future Market Insights, in its new offering, provides an unbiased analysis of the Sodium reduction Ingredient presenting historical demand data (2017-2021) and forecast statistics for the period from 2022-2032.

Segmentation for Sodium Reduction Ingredient Market

By Application:

  • Snacks
  • Frozen food
  • dips/ Sauce/dressings
  • butter/ Cheese
  • Bakery food
  • Others (breakfast cereal, baby food, and beverages)

By Ingredients:

  • Mineral blends
    • Potassium sulphate
    • Magnesium sulphate
    • Calcium chloride
    • Potassium lactate
    • Potassium chloride
  • Amino acid
  • Yeast extract
  • Others (trehalose, hydrolyzed vegetable protein, and nucleotides)

Region:

  • North America
  • Latin America
  • Europe
  • East Asia
  • South Asia
  • Oceania
  • MEA

The report covers exhaustive analysis on:

  1. How much is the Sodium Reduction Ingredient market currently worth?
  2. At what CAGR is the market expected to grow?
  3. What are the key trends boosting Sodium Reduction Ingredient sales?
  4. How are market players reacting to the new developments in the market?
  5. How much share do the top 3 companies hold?
  6. Which are the major countries driving demand for Sodium Reduction Ingredient?
  7. Who are the major players in the Sodium Reduction Ingredient Market?
  8. At what rate will the U.S. Sodium Reduction Ingredient market grow?
  9. At what level does the report reflect pricing analysis?

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Frequently Asked Questions

  • How much is the Sodium Reduction Ingredient market currently worth?
  • At what CAGR is the market expected to grow?
  • What are the key trends boosting Sodium Reduction Ingredient sales?
  • How are market players reacting to the new developments in the market?
  • How much share do the top 3 companies hold?
  • Which are the major countries driving demand for Sodium Reduction Ingredient?
  • Who are the major players in the Sodium Reduction Ingredient Market?
  • At what rate will the U.S. Sodium Reduction Ingredient market grow?
  • At what level does the report reflect pricing analysis?

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About the Author

Nikhil Kaitwade

Associate Vice President at Future Market Insights, Inc. has over a decade of experience in market research and business consulting. He has successfully delivered 1500+ client assignments, predominantly in Automotive, Chemicals, Industrial Equipment, Oil & Gas, and Service industries.
His core competency circles around developing research methodology, creating a unique analysis framework, statistical data models for pricing analysis, competition mapping, and market feasibility analysis. His expertise also extends wide and beyond analysis, advising clients on identifying growth potential in established and niche market segments, investment/divestment decisions, and market entry decision-making.
Nikhil holds an MBA degree in Marketing and IT and a Graduate in Mechanical Engineering. Nikhil has authored several publications and quoted in journals like EMS Now, EPR Magazine, and EE Times.

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