South America Sodium Reduction Ingredient Market

South America Sodium Reduction Ingredient Market

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The South America sodium reduction ingredient market size was USD XX Billion in 2022 and is likely to reach USD XX Billion by 2031, expanding at a CAGR of 9.04% during 2023–2031. The growth of the market is attributed to health and nutritional benefits across the world. Sodium is a vital mineral for human life which maintains the acid-base level, regulates the fluid in human body and also aids in nerve and muscle to function properly.

The primary character of these ingredients is to cease the excessive intake of sodium that causes adverse health effects such as hypertension, heart failure, stroke, osteoporosis, kidney disease, stomach cancer, enlarged heart muscle, kidney stones and headaches owing to the high sodium intake.

South America Sodium Reduction Ingredient Market Outlook

Excess sodium can also be the cause of increased water retention that leads to puffiness, weight gain and bloating. Therefore, in order to maintain a healthy lifestyle, the consumers in the region are shifting to reduced-sodium food products.

Presently, processed food manufacturers are focusing on new sodium reducing agent formulations which reduce the salt content in food products without compromising with the taste of the product. Additionally, the development in food processing and fermentation technologies have aided to offer variety of sodium reducing products in the market.

The Covid-19 pandemic had an unpleasant impact on the sodium reduction ingredient market. The oscillating production and supply of sodium reduction ingredient has leaded the market to suffer significant loss; however, the government’s steps and strategies have helped to neutralised the situation. This pandemic has encouraged the key players to implement advance technologies to overcome these challenges and expand the market growth.

Market Trends, Drivers, Restraints, and Opportunities

  • The increasing consumer awareness and changing demand towards healthy and nutritious food product is estimated to dive the South America sodium reduction ingredient market during the forecast period.

  • Increasing number of patients suffering from hypertension and cardiovascular diseases are the crucial factors boosting the demand for sodium reducing agents.

  • Awareness about the harmful effects of sodium on human health by government bodies, which in turn is expected to fuel the growth of the sodium reducing agents market in coming years.

  • R&D investment and technological advancement in South America sodium reduction ingredient market are expected to offer lucrative opportunities for the market players.

Scope of South America Sodium Reduction Ingredient Market Report

The report on the South America 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 - South America Industry Analysis, Growth, Share, Size, Trends, and Forecast

Base Year

2022

Historic Data

2016–2021

Forecast Period

2023–2031

Segmentation

Product Type (Amino Acids and Glutamates, Mineral Salts, Yeast Extracts, and Others), Application (Bakery and Confectionery, Condiments, Seasonings and Sauces, Dairy and Frozen Foods, Meat and Meat Products, Snacks and Others)

Geography

Brazil, Argentina and Rest of South America

Report Coverage

Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast

Key Players Covered in the Report

Tate & Lyle, Kerry Inc., Archer Daniels Midland Company and Givaudan

South America Sodium Reduction Ingredient Market Segment insights

The mineral salts segment is projected to constitute a large market share

Based on product type, the South America sodium reduction ingredient market is segregated into amino acids and glutamates, mineral salts, yeast extracts, and others. The minerals salts segment is expected to account for a key share of the market during the forecast period owing to the psychological oscillating to taking precautions and opting for reduced-sodium ingredients.

However, the yeast extracts segment is anticipated to expand at a rapid pace during the forecast period owing to associated health benefits, mainly targeted by the preference for fermented products.

South America Sodium Reduction Ingredient Market Product Type

Bakery and confectionery segment is expected to register a substantial CAGR

Based on application, the South America sodium reduction ingredient market is divided into bakery and confectionery, condiments, seasonings and sauces, dairy and frozen foods, meat and meat products, snacks and others.

The
bakery and confectionery segment accounts for a key share of the market and is estimated to propel even further over the forecast period owing to it being heavily influenced by some of the leading trends in the food industry and customers nowadays are keen to healthy foods; thereby to meet the demand of consumers manufacturers are focusing on producing refined sodium reduction ingredient.

Brazil is expected to dominate the market

In terms of geography, the market is broadly classified into Brazil, Argentina and Rest of South America. The market in Brazil is anticipated to expand at a robust CAGR during the forecast period. Reduction was insinuated on the main source of salt in the Brazilian diet, salt and salt-based condiments, which make up more than three quarters of daily salt intake and is anticipated to boost the market growth over the coming years.

Furthermore, to reduce the salt content of processed foods, the Brazilian government focused to reduce the excessive population salt intake by 2020 through the promotion of healthy eating and increased supply of healthy foods, formulating guidelines for nutritional labeling of food and education for consumers, industry and health professionals.

Segments

The South America sodium reduction ingredient market has been segmented on the basis of:-

Product Type

  • Amino Acids and Glutamates
  • Mineral Salts
  • Yeast Extracts
  • Others

Application

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

Geography

  • Brazil
  • Argentina
  • Rest of South America

Key Companies

  • Tate & Lyle
  • Kerry Inc.
  • Sensient Colors LLC
  • Archer Daniels Midland Company
  • Givaudan

Competitive Landscape

Key players competing in the South America sodium reduction ingredient market include Tate & Lyle, Kerry Inc., Archer Daniels Midland Company and Givaudan.

Some of these players are using several market strategies such as mergers, acquisitions, partnerships, collaborations, capacity expansion, and product launches to enhance their market shares.

South America Sodium Reduction Ingredient Market Key Players

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 (000’ 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 and Confectionery
     5.3.2. Condiments
     5.3.3. Seasonings and Sauces
     5.3.4. Dairy and Frozen Foods
     5.3.5. Meat and Meat Products
     5.3.6. Snacks
     5.3.7. Others
  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 and Confectionery
     7.4.2. Condiments
     7.4.3. Seasonings and Sauces
     7.4.4. Dairy and Frozen Foods
     7.4.5. Meat and Meat Products
     7.4.6. Snacks
     7.4.7. Others
  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 and Confectionery
     8.4.2. Condiments
     8.4.3. Seasonings and Sauces
     8.4.4. Dairy and Frozen Foods
     8.4.5. Meat and Meat Products
     8.4.6. Snacks
     8.4.7. Others
  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 and Confectionery
     9.4.2. Condiments
     9.4.3. Seasonings and Sauces
     9.4.4. Dairy and Frozen Foods
     9.4.5. Meat and Meat Products
     9.4.6. Snacks
     9.4.7. Others
  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 and Confectionery
     10.4.2. Condiments
     10.4.3. Seasonings and Sauces
     10.4.4. Dairy and Frozen Foods
     10.4.5. Meat and Meat Products
     10.4.6. Snacks
     10.4.7. Others
  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 and Confectionery
     11.4.2. Condiments
     11.4.3. Seasonings and Sauces
     11.4.4. Dairy and Frozen Foods
     11.4.5. Meat and Meat Products
     11.4.6. Snacks
     11.4.7. Others
  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. Tate & Lyle
     12.4.2. Kerry Inc.
     12.4.3. Sensient Colors LLC
     12.4.4. Archer Daniels Midland Company
     12.4.5. Givaudan  

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