Spain Sodium Reduction Ingredient Market Size, Trends [2031]

Segments - Spain Sodium Reduction Ingredient Market by Product Types (Amino Acids and Glutamates, Mineral Salts, Yeast Extract, and Other Product Types), Applications (Bakery and Confectionery, Condiments, Seasoning and Sauces, Dairy and Frozen Foods, Meat and Meat Products, Snacks, and Other Applications) - Industry Analysis, Growth, Share, Size, Trends, and Forecast 2023 – 2031

Author : Anuradha B. More

Fact-checked by : Vaibhav Chandola

Editor : Shruti Bhat

Report Description

The Spain sodium reduction ingredients market size was USD XX Billion in 2022 and is likely to reach USD XX Billion by 2031, expanding at a CAGR of 4.2% during 2023–2031. Growth of the market is attributed to inclination of makers toward common and tasty fixings.

Sodium is considered as an essential nutrient which is vital for the harmonious functioning of the body. Sodium though found important for many biological processes in the human body, it is also responsible for creating hypertension and cardiovascular diseases. Therefore sodium reduction ingredients are used to reduce the sodium levels in the food products by providing similar taste and functionalities of salt. Ingredients such as amino acids, yeast extracts, potassium chloride, and others are mainly used as sodium reduction ingredients. As per the World Health Organization (WHO), food sources high in sodium are known to cause serious wellbeing messes.

Spain Sodium Reduction Ingredient Market Outlook

The sodium reduction substances market has witnessed a growth owing to elements included in meals and beverages. However, excessive value related to such substances might also additionally restrain the general boom of the sodium reduction ingredients marketplace.

Spain Sodium Reduction Ingredient Market Trends, Drivers, Restraints, and Opportunities

Increasing awareness of the impacts of excessive sodium utilization is expected to boost the market during the forecast period.
Rapid growth of the food industry for prepared foods to speed up sodium reduction market is major factor boosting the market during the forecast period.
Increasing applications for candy parlor, bread kitchen items, frozen food varieties and dairy items is attempted to supplement the development of the market in coming years.
High cost of ingredients is expected to restrict the market growth.
R&D investment and advancement with the developments of new products in processed foods are expected to offer lucrative opportunities for the market players.

Scope of Spain Sodium Reduction Ingredient Market Report

The report on the Spain sodium reduction ingredients 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	Spain Sodium Reduction Ingredients Market- 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 Extract and Other Product Types) and Applications (Bakery and Confectionery, Condiments, Seasoning and Sauces, Dairy and Frozen Foods, Processed Foods, Meat and Meat Products, Snacks and Other Applications)
Regional Scope	Spain
Report Coverage	Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast
Key Players Covered in the Report	Ajinomoto, Corpion, Kerry Group, and Cargill Incorporated

Spain Sodium Reduction Ingredient Market Segment Insights

The processed food segment is projected to hold a major market share

Based on applications, the sodium reduction ingredients market is segmented into bakery and confectionery, condiments, seasoning and sauces, dairy and frozen foods, meat and meat products, snacks, and other applications. The processed food segment is expected to account for a key share of the market during the forecast period owing to limited salt consumption by Spanish people; majority of salt intake is from processed foods and food eaten outside the home. The main source is bread, which accounts for 19% of daily salt intake, followed by cured ham and cold meats. On the other hand, the bakery and confectionery segment is expected to grow at a rapid pace due to changing fashion over the last few years. A fast growth in the population, growing overseas influence, and fluctuating consuming behavior of the humans has considerably contributed to the market growth.

Spain Sodium Reduction Ingredient Market Application

The mineral salts segment is projected to hold a major market share

Based on product types, the sodium reduction ingredients market is segmented into amino acids and glutamates, mineral salts, yeast extract, and other product types. The segment is expected to account for a key share of the market during the forecast period owing to large consumption of sodium reduction elements due to its wide availability.

Spain Sodium Reduction Ingredient Market Product Type

Segments

The Spain sodium reduction ingredients market has been segmented on the basis of

Product Types

Amino acids and Glutamates
Mineral Salts
Yeast extract
Other Product Types

Applications

Bakery and Confectionery
Condiments
Seasoning and Sauces
Dairy and Frozen Foods
Meat and Meat Products
Snacks
Other Applications

Key Players

Cargill Incorporated
Kerry Group
Ajinomoto
Corpion

Competitive Landscape

Key players competing in the salt reduction ingredients market include Ajinomoto, Corpion, Kerry Group, and Cargill Incorporated.

Some of these players are using several market strategies such as acquisitions, merger, collaborations, partnerships, capacity expansion, and product launches to enhance their market shares and to generate revenue and raise their production line of the business in the coming years.

Spain Sodium Reduction Ingredient Market Key Players

Table Of Content

1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Spain 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. Spain 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. Spain Sodium Reduction Ingredient Market - Supply Chain
  4.5. Global Spain Sodium Reduction Ingredient Market Forecast
     4.5.1. Spain Sodium Reduction Ingredient Market Size (US$ Mn) and Y-o-Y Growth
     4.5.2. Spain Sodium Reduction Ingredient Market Size (000â€™ Units) and Y-o-Y Growth
     4.5.3. Spain Sodium Reduction Ingredient Market Absolute $ Opportunity
5. Global Spain Sodium Reduction Ingredient Market Analysis and Forecast by Types
  5.1. Market Trends
  5.2. Introduction
     5.2.1. Basis Point Share (BPS) Analysis by Types
     5.2.2. Y-o-Y Growth Projections by Types
  5.3. Spain Sodium Reduction Ingredient Market Size and Volume Forecast by Types
     5.3.1. Amino acids and Glutamates
     5.3.2. Mineral Salts
     5.3.3. Yeast extract
     5.3.4. Other Product Types
  5.4. Absolute $ Opportunity Assessment by Types
  5.5. Market Attractiveness/Growth Potential Analysis by Types
6. Global Spain 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. Spain 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 Spain Sodium Reduction Ingredient Demand Share Forecast, 2019-2026
7. North America Spain 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 Spain 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 Spain Sodium Reduction Ingredient Market Size and Volume Forecast by Types
     7.4.1. Amino acids and Glutamates
     7.4.2. Mineral Salts
     7.4.3. Yeast extract
     7.4.4. Other Product Types
  7.5. Basis Point Share (BPS) Analysis by Types
  7.6. Y-o-Y Growth Projections by Types
  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 Spain Sodium Reduction Ingredient Demand Share Forecast, 2019-2026
8. Latin America Spain 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 Spain 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 Spain Sodium Reduction Ingredient Market Size and Volume Forecast by Types
     8.4.1. Amino acids and Glutamates
     8.4.2. Mineral Salts
     8.4.3. Yeast extract
     8.4.4. Other Product Types
  8.5. Basis Point Share (BPS) Analysis by Types
  8.6. Y-o-Y Growth Projections by Types
  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 Spain Sodium Reduction Ingredient Demand Share Forecast, 2019-2026
9. Europe Spain 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 Spain 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 Spain Sodium Reduction Ingredient Market Size and Volume Forecast by Types
     9.4.1. Amino acids and Glutamates
     9.4.2. Mineral Salts
     9.4.3. Yeast extract
     9.4.4. Other Product Types
  9.5. Basis Point Share (BPS) Analysis by Types
  9.6. Y-o-Y Growth Projections by Types
  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 Spain Sodium Reduction Ingredient Demand Share Forecast, 2019-2026
10. Asia Pacific Spain 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 Spain 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 Spain Sodium Reduction Ingredient Market Size and Volume Forecast by Types
     10.4.1. Amino acids and Glutamates
     10.4.2. Mineral Salts
     10.4.3. Yeast extract
     10.4.4. Other Product Types
  10.5. Basis Point Share (BPS) Analysis by Types
  10.6. Y-o-Y Growth Projections by Types
  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 Spain Sodium Reduction Ingredient Demand Share Forecast, 2019-2026
11. Middle East & Africa Spain 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 Spain 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 Spain Sodium Reduction Ingredient Market Size and Volume Forecast by Types
     11.4.1. Amino acids and Glutamates
     11.4.2. Mineral Salts
     11.4.3. Yeast extract
     11.4.4. Other Product Types
  11.5. Basis Point Share (BPS) Analysis by Types
  11.6. Y-o-Y Growth Projections by Types
  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 Spain Sodium Reduction Ingredient Demand Share Forecast, 2019-2026
12. Competition Landscape
  12.1. Global Spain Sodium Reduction Ingredient Market: Market Share Analysis
  12.2. Spain Sodium Reduction Ingredient Distributors and Customers
  12.3. Spain Sodium Reduction Ingredient Market: Competitive Dashboard
  12.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
     12.4.1. Cargill Incorporated
     12.4.2. Kerry Group
     12.4.3. Ajinomoto
     12.4.4. Corpion