The global sodium reduction agents market size is projected to register a substantial CAGR during the forecast period, 2021–2028. The growth of the market is attributed to the rising awareness regarding health effects of excessive sodium consumption and increasing application of sodium reduction agents in various industries.
Sodium is highly used as a vital nutrient for smooth functioning and normal operations of the human body. On the other hand, excessive intake of sodium is associated with various human health risks such as increased risk of stroke, cardiovascular diseases, and hypertension. Many companies are launching different products that act as sodium reducing ingredient for decreasing the overall consumption of sodium. Food and beverage producing companies are working towards decreasing the sodium level in different food products.
Sodium reduction ingredient is a substitute for normal salt which helps to reduce salt content from the food products. Sodium reduction ingredient include yeast extracts, mineral salts, and amino acids which are highly used in sauces, snacks, meat products, bakery, dairy, seasonings, and confectionary. Food technologists and scientist are finding innovative technologies which allow sodium reduction ingredient in different products without damaging the product quality, taste, safety, texture, shelf-life, and regulatory compliance. Sodium reduction ingredient has various health benefits which help in reducing frequency of health diseases including cardiovascular diseases, kidney stone and diseases, high blood pressure, stomach cancer, and obesity.
Market Trends, Drivers, Restraints, and Opportunities
- Increasing consumer preference towards healthy food habits is estimated to boost the market during the forecast period.
- Rapid growth of the packed food industry is major factor propelling the market during the forecast period.
- High price of the sodium reduction agent ingredients is projected to restrict the market growth.
- Limited consumer commitment to food flavor act as major challenge that can hinder the market in the coming years.
- Technological advancement and innovation in sodium reduction ingredient used in food and beverage industry is anticipated to offer significant opportunities for the market players.
Scope of the Report
The report on the global sodium reduction agents market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.
| Attributes | Details |
| Report Title | Sodium Reduction Agents Market - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast |
| Base Year | 2020 |
| Historic Data | 2018–2019 |
| Forecast Period | 2021–2028 |
| Segmentation | Product Types (Yeast Extracts, Mineral Salts [Magnesium Sulphate, Calcium Chloride, Potassium Lactate, and Potassium Chloride], and Amino Acids & Glutamates), Applications (Dairy & Frozen Foods, Snacks, Bakery & Confectionery, Meat & Meat Products, Condiments, Seasonings & Sauces, and Others) |
| Regional Scope | Asia Pacific, North America, Latin America, Europe, and Middle East & Africa |
| Report Coverage | Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast |
| Key Players Covered in the Report | DuPont; Cargill Inc.; Angel Yeast Co. Ltd.; Kerry Group Plc.; Innophos Holdings Inc.; Savoury Systems International Inc,; Novozymes; Sensient Technologies Corp.; and Jungbunzlauer Suisse AG |
Market Segment Insights:
Mineral Salts segment is projected to account for a large market share
Based on product types, the global sodium reduction agents market is divided into yeast extracts, mineral salts, and amino acids & glutamates. The mineral salts segment is further categorized as magnesium sulphate, calcium chloride, potassium lactate, and potassium chloride. The mineral salts segment is expected to constitute a key share of the market during the forecast period owing to possibility to replace normal salt regarding its functionality and taste and to its widespread availability. Mineral salts are highly used in bakery, meat and snacks. Potassium chloride is mostly used among mineral salts as it tastes similar as normal salt. Reduction of sodium through mineral salts is a feasible as well as cost effective approach.
Bakery & confectionery segment is projected to hold a key market share
On the basis of applications, the market is segmented into dairy & frozen foods, snacks, bakery & confectionery, meat & meat products, condiments, seasonings & sauces, and others. The bakery & confectionery segment is expected to represent a key share of the market in the coming years due to items of high consumption, affordability and high nutrient value. Changing eating habits of the people, increasing foreign influence, and rapid increase in the population is immensely contributing to the growth of bakery and confectionary industry. Health conscious consumers are demanding for healthy and new bakery products. However, the meat and meat products segment is anticipated to expand at a rapid pace during the forecast period due to meat is the major source of protein for South Africans. On the other hand, dairy and frozen products have strong potential in sodium reduction ingredient market.
Asia Pacific is expected to dominate the market
On the basis of regions, the global sodium reduction agents market is categorized as Asia Pacific, North America, Latin America, Europe, and Middle East & Africa. The market of Asia Pacific is anticipated to expand at an impressive CAGR during the forecast period. The regional market growth can be attributed to rising processed food demand in India and China. Growing diagnosis of cardiac aliments mainly in India is expected to fuel the market. On the other hand, the market of North America is expected to exhibit a rapid growth rate in the coming years due to rising consumer awareness regarding salt substitutes.
Segments
Segments Covered in the Report
The global sodium reduction agents market has been segmented on the basis of
Product Types
- Yeast Extracts
- Mineral Salts
- Magnesium Sulphate
- Calcium Chloride
- Potassium Lactate
- Potassium Chloride
- Amino Acids & Glutamates
Applications
- Dairy & Frozen Foods
- Snacks
- Bakery & Confectionery
- Meat & Meat Products
- Condiments, Seasonings & Sauces
- Others
Regions
- Asia Pacific
- North America
- Latin America
- Europe
- Middle East & Africa
Key Players
- DuPont
- Cargill Inc.
- Angel Yeast Co. Ltd.
- Kerry Group Plc.
- Innophos Holdings Inc.
- Savoury Systems International Inc
- Novozymes
- Sensient Technologies Corp.
- Jungbunzlauer Suisse AG
Competitive Landscape
Key players competing in the global sodium reduction agents market include DuPont; Cargill Inc.; Angel Yeast Co. Ltd.; Kerry Group Plc.; Innophos Holdings Inc.; Savoury Systems International Inc,; Novozymes; Sensient Technologies Corp.; and Jungbunzlauer Suisse AG. Some of these players are engaged in several market strategies such as mergers, acquisitions, partnerships, collaborations, capacity expansion, and product launches to enhance their market shares.
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