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Asia Pacific Sodium Reduction Ingredient Market | 2030

Asia Pacific Sodium Reduction Ingredient Market

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Segments - by Product Types (Amino Acids & Glutamates, Mineral Salts, Yeast Extracts, and Others), Applications (Bakery & Confectionery, Condiments, Seasonings & Sauces, Dairy & Frozen Foods, Meat & Meat Products, Snacks, and Others), and Geography (China, Japan, India, Australia, and Rest of Asia Pacific) - Industry Analysis, Growth, Share, Size, Trends, and Forecast 2021 – 2028

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Author :

Anuradha B. More

Fact-checked by :

Vaibhav Chandola

Editor :

Aman Singh

Report Description

The Asia Pacific sodium reduction ingredient market size is estimated to register a significant CAGR during the forecast period, 2021–2028. The growth of the market is attributed to the increasing preference for sodium reduction ingredients in functional meals & nutraceuticals food products.

Sodium is commonly used as a necessary nutrient for the proper functioning of the human body. Various sodium-reducing substances are added to foods in order to lower excess salt levels in the body. According to the World Health Organization (WHO), excess salt in foods can cause serious health problems. Sodium reduction refers to lowering the salt level of food. Sodium reduction additives are used to lower the salt content of food items by either replacing the salt or partially decreasing the surplus salt.

Mineral salts, amino acids, and yeast extracts are some of the sodium decreasing substances. Trehalose, vegetable protein hydrolyzed, and nucleotides are also known as sodium reduction ingredients. Meat, dairy, bakery, confectionery, sauces, snacks, and spices use sodium-lowering additives. Thus, sodium reduction compounds are an important element of the food additives business, as they are responsible for either entirely replacing sodium or lowering the salt level in food items.

Market Trends, Drivers, Restraints, and Opportunities

Increasing demand for health nutrition food products is anticipated to boost the market growth during the forecast period.
Rising consumer awareness about harmful effects of excess sodium intake is driving the sodium reduction ingredients market expansion.
Growing demand for processed food products is expected to propel the market growth.
Limited consumers compromise toward the taste of the food can hamper the market growth in the coming years.
Increasing R&D investments to develop better ingredients is projected to create significant opportunities for the market players.

Scope of the Report

The report on the Asia Pacific sodium reduction ingredient 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 Ingredient Market - Asia Pacific Industry Analysis, Growth, Share, Size, Trends, and Forecast
Base Year	2020
Historic Data	2018–2019
Forecast Period	2021–2028
Segmentation	Product Types (Amino Acids & Glutamates, Mineral Salts, Yeast Extracts, and Others), Applications (Bakery & Confectionery, Condiments, Seasonings & Sauces, Dairy & Frozen Foods, Meat & Meat Products, Snacks, and Others)
Geographical Scope	China, Japan, India, Australia, and Rest of Asia Pacific
Report Coverage	Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast
Key Players Covered in the Report	Givaudan SA, Tate & Lyle Plc, Kerry Group Plc, and Corbion.

Asia Pacific Sodium Reduction Ingredient Market Segment Insights

Mineral salts segment to constitute a large market share

Based on product types, the market is divided into amino acids & glutamates, mineral salts, yeast extracts, and others. The mineral salts segment is expected to account for a major market share during the forecast period. Wide availability and the potential to replace regular salt in terms of functionality and flavor are the key factors driving the segment growth. Mineral salts, such as potassium chloride, magnesium sulphate, calcium chloride, and potassium lactate are broadly used as sodium reduction ingredients. While producing low-sodium products, food producers utilise a variety of mineral salts. This salt substitute provides a seasoning alternative for manufacturers to minimise sodium while preserving flavor by imitating salt in food items with salts such as potassium chloride.

Bakery & confectionery segment to expand at a substantial CAGR

In terms of applications, the market is segmented into bakery & confectionery, condiments, seasonings & sauces, dairy & frozen foods, meat & meat products, snacks, and others. The bakery & confectionery segment is projected to register a healthy CAGR during the forecast period. Manufacturers are engaging in extensive R&D investments in order to create new products with unique flavours and nutritious components is driving the growth of the market segment. Increasing awareness about adverse effects of excessive salt consumption and high demand for low salt food products in the bakery is further anticipated to drive the market segment.

China to dominate the market

On the basis of geography, the market is classified as China, Japan, India, Australia, and Rest of Asia Pacific. China is anticipated to dominate the market during the forecast period. The country’s market growth is attributed to increasing consumption of bakery & confectionery products. Rising population, rapid development of the retail market, and stable economic growth in China are projected to drive the market expansion.

Segments

Segments Covered in the Report
The Asia Pacific sodium reduction ingredient market has been segmented on the basis of

Product Types

Amino Acids & Glutamates
Mineral Salts
Yeast Extracts
Others

Applications

Bakery & Confectionery
Condiments
Seasonings & Sauces
Dairy & Frozen Foods
Meat & Meat Products
Snacks
Others

Geography

China
Japan
India
Australia
Rest of Asia Pacific

Key Players

Givaudan SA
Tate & Lyle Plc
Kerry Group Plc
Corbion

Competitive Landscape

Key players competing in the Asia Pacific sodium reduction ingredient market include Givaudan SA, Tate & Lyle Plc, Kerry Group Plc, and Corbion.

Table Of Content

1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Sodium Reduction Ingredient Market Overview
  4.1. Introduction
     4.1.1. Market Taxonomy
     4.1.2. Market Definition
  4.2. Macro-Economic Factors
     4.2.1. Industry Outlook
  4.3. Sodium Reduction Ingredient Market Dynamics
     4.3.1. Market Drivers
     4.3.2. Market Restraints
     4.3.3. Opportunity
     4.3.4. Market Trends
  4.4. Sodium Reduction Ingredient Market - Supply Chain
  4.5. Global Sodium Reduction Ingredient Market Forecast
     4.5.1. Sodium Reduction Ingredient Market Size (US$ Mn) and Y-o-Y Growth
     4.5.2. Sodium Reduction Ingredient Market Size (000â€™ Units) and Y-o-Y Growth
     4.5.3. Sodium Reduction Ingredient Market Absolute $ Opportunity
5. Global Sodium Reduction Ingredient Market Analysis and Forecast by Applications
  5.1. Market Trends
  5.2. Introduction
     5.2.1. Basis Point Share (BPS) Analysis by Applications
     5.2.2. Y-o-Y Growth Projections by Applications
  5.3. Sodium Reduction Ingredient Market Size and Volume Forecast by Applications
     5.3.1. Bakery & Confectionery Condiments Seasonings & Sauces Dairy & Frozen Foods Meat & Meat Products Snacks
  5.4. Absolute $ Opportunity Assessment by Applications
  5.5. Market Attractiveness/Growth Potential Analysis by Applications
6. Global Sodium Reduction Ingredient Market Analysis and Forecast by Region
  6.1. Market Trends
  6.2. Introduction
     6.2.1. Basis Point Share (BPS) Analysis by Region
     6.2.2. Y-o-Y Growth Projections by Region
  6.3. Sodium Reduction Ingredient Market Size and Volume Forecast by Region
     6.3.1. North America
     6.3.2. Latin America
     6.3.3. Europe
     6.3.4. Asia Pacific
     6.3.5. Middle East and Africa (MEA)
  6.4. Absolute $ Opportunity Assessment by Region
  6.5. Market Attractiveness/Growth Potential Analysis by Region
  6.6. Global Sodium Reduction Ingredient Demand Share Forecast, 2019-2026
7. North America Sodium Reduction Ingredient Market Analysis and Forecast
  7.1. Introduction
     7.1.1. Basis Point Share (BPS) Analysis by Country
     7.1.2. Y-o-Y Growth Projections by Country
  7.2. North America Sodium Reduction Ingredient Market Size and Volume Forecast by Country
     7.2.1. U.S.
     7.2.2. Canada
  7.3. Absolute $ Opportunity Assessment by Country
  7.4. North America Sodium Reduction Ingredient Market Size and Volume Forecast by Applications
     7.4.1. Bakery & Confectionery Condiments Seasonings & Sauces Dairy & Frozen Foods Meat & Meat Products Snacks
  7.5. Basis Point Share (BPS) Analysis by Applications
  7.6. Y-o-Y Growth Projections by Applications
  7.7. Market Attractiveness/Growth Potential Analysis
     7.7.1. By Country
     7.7.2. By Product Type
     7.7.3. By Application
  7.8. North America Sodium Reduction Ingredient Demand Share Forecast, 2019-2026
8. Latin America Sodium Reduction Ingredient Market Analysis and Forecast
  8.1. Introduction
     8.1.1. Basis Point Share (BPS) Analysis by Country
     8.1.2. Y-o-Y Growth Projections by Country
     8.1.3. Latin America Average Pricing Analysis
  8.2. Latin America Sodium Reduction Ingredient Market Size and Volume Forecast by Country
      8.2.1. Brazil
      8.2.2. Mexico
      8.2.3. Rest of Latin America
   8.3. Absolute $ Opportunity Assessment by Country
  8.4. Latin America Sodium Reduction Ingredient Market Size and Volume Forecast by Applications
     8.4.1. Bakery & Confectionery Condiments Seasonings & Sauces Dairy & Frozen Foods Meat & Meat Products Snacks
  8.5. Basis Point Share (BPS) Analysis by Applications
  8.6. Y-o-Y Growth Projections by Applications
  8.7. Market Attractiveness/Growth Potential Analysis
     8.7.1. By Country
     8.7.2. By Product Type
     8.7.3. By Application
  8.8. Latin America Sodium Reduction Ingredient Demand Share Forecast, 2019-2026
9. Europe Sodium Reduction Ingredient Market Analysis and Forecast
  9.1. Introduction
     9.1.1. Basis Point Share (BPS) Analysis by Country
     9.1.2. Y-o-Y Growth Projections by Country
     9.1.3. Europe Average Pricing Analysis
  9.2. Europe Sodium Reduction Ingredient Market Size and Volume Forecast by Country
     9.2.1. Germany
     9.2.2. France
     9.2.3. Italy
     9.2.4. U.K.
     9.2.5. Spain
     9.2.6. Russia
     9.2.7. Rest of Europe
  9.3. Absolute $ Opportunity Assessment by Country
  9.4. Europe Sodium Reduction Ingredient Market Size and Volume Forecast by Applications
     9.4.1. Bakery & Confectionery Condiments Seasonings & Sauces Dairy & Frozen Foods Meat & Meat Products Snacks
  9.5. Basis Point Share (BPS) Analysis by Applications
  9.6. Y-o-Y Growth Projections by Applications
  9.7. Market Attractiveness/Growth Potential Analysis
     9.7.1. By Country
     9.7.2. By Product Type
     9.7.3. By Application
  9.8. Europe Sodium Reduction Ingredient Demand Share Forecast, 2019-2026
10. Asia Pacific Sodium Reduction Ingredient Market Analysis and Forecast
  10.1. Introduction
     10.1.1. Basis Point Share (BPS) Analysis by Country
     10.1.2. Y-o-Y Growth Projections by Country
     10.1.3. Asia Pacific Average Pricing Analysis
  10.2. Asia Pacific Sodium Reduction Ingredient Market Size and Volume Forecast by Country
     10.2.1. China
     10.2.2. Japan
     10.2.3. South Korea
     10.2.4. India
     10.2.5. Australia
     10.2.6. Rest of Asia Pacific (APAC)
  10.3. Absolute $ Opportunity Assessment by Country
  10.4. Asia Pacific Sodium Reduction Ingredient Market Size and Volume Forecast by Applications
     10.4.1. Bakery & Confectionery Condiments Seasonings & Sauces Dairy & Frozen Foods Meat & Meat Products Snacks
  10.5. Basis Point Share (BPS) Analysis by Applications
  10.6. Y-o-Y Growth Projections by Applications
  10.7. Market Attractiveness/Growth Potential Analysis
     10.7.1. By Country
     10.7.2. By Product Type
     10.7.3. By Application
  10.8. Asia Pacific Sodium Reduction Ingredient Demand Share Forecast, 2019-2026
11. Middle East & Africa Sodium Reduction Ingredient Market Analysis and Forecast
  11.1. Introduction
     11.1.1. Basis Point Share (BPS) Analysis by Country
     11.1.2. Y-o-Y Growth Projections by Country
     11.1.3. Middle East & Africa Average Pricing Analysis
  11.2. Middle East & Africa Sodium Reduction Ingredient Market Size and Volume Forecast by Country
     11.2.1. Saudi Arabia
     11.2.2. South Africa
     11.2.3. UAE
     11.2.4. Rest of Middle East & Africa (MEA)
  11.3. Absolute $ Opportunity Assessment by Country
  11.4. Middle East & Africa Sodium Reduction Ingredient Market Size and Volume Forecast by Applications
     11.4.1. Bakery & Confectionery Condiments Seasonings & Sauces Dairy & Frozen Foods Meat & Meat Products Snacks
  11.5. Basis Point Share (BPS) Analysis by Applications
  11.6. Y-o-Y Growth Projections by Applications
  11.7. Market Attractiveness/Growth Potential Analysis
     11.7.1. By Country
     11.7.2. By Product Type
     11.7.3. By Application
  11.8. Middle East & Africa Sodium Reduction Ingredient Demand Share Forecast, 2019-2026
12. Competition Landscape
  12.1. Global Sodium Reduction Ingredient Market: Market Share Analysis
  12.2. Sodium Reduction Ingredient Distributors and Customers
  12.3. Sodium Reduction Ingredient Market: Competitive Dashboard
  12.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
     12.4.1. Givaudan SA Tate & Lyle Plc Kerry Group Plc Corbion

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