Sodium Reduction Ingredients Market

Africa Sodium Reduction Ingredients Market

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Anuradha

Author :

Anuradha B. More

Vaibhav

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Aman

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Aman Singh

Africa sodium reduction ingredients market size is estimated to register a substantial CAGR during the forecast period, 2021–2028. The growth of the market is attributed to its health and nutritional benefits in the region. 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 application of these ingredients is to cease the excessive intake of sodium that causes adverse health effects such as heart failure, hypertension, stomach cancer, stroke, osteoporosis, kidney disease, enlarged heart muscle, kidney stones and headaches owing to the high sodium intake. 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. 

Africa Sodium Reduction Ingredients Market Outlook

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 developments 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 Africa sodium reduction ingredient market. The oscillating production and supply of sodium reduction ingredient in the market led to 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

  • Increasing consumer awareness and changing demand towards healthy and nutritious food product is estimated to dive the Africa sodium reduction ingredient market during the forecast period.
  • Rising number of patients suffering from hypertension and cardiovascular diseases are the vital 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 projected to fuel the growth of the sodium reducing agents market in coming years.
  • R&D investment and technological advancement in Africa sodium reduction ingredients are expected to offer lucrative opportunities for the market players.

Scope of the Report

The report on Africa 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 Africa Sodium Reduction Ingredients Market  -Industry Analysis, Growth, Share, Size, Trends, and Forecast
Base Year 2020
Historic Data 2018–2019
Forecast Period 2021–2028
Segmentation Product Type (Amino Acids and Glutamates, Mineral Salts [Potassium Chloride, Magnesium Sulphate, Potassium Lactate, and Calcium Chloride], Yeast Extracts and Others), Application (Bakery and Confectionery, Condiments, Seasonings and Sauces, Dairy and Frozen Foods, Meat and Meat Products, Snacks and  Others) 
Geography South Africa, Nigeria, Algeria and Rest of Africa
Report Coverage Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast
Key Players Covered in the Report Cargill, Incorporated, Tate & Lyle PLC, AngelYeast Co., Ltd, Kerry Group and Givaudan
 

Market Segment insights

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

Based on product type, the Africa sodium reduction ingredients market is segregated into amino acids and glutamates, mineral salts, yeast extracts and others. The mineral salts segment is further divided into potassium chloride, magnesium sulphate, potassium lactate, and calcium chloride. The mineral salts segment is expected to account for a key share of the market during the forecast period owing to the changing trends towards adoption of reduced-sodium ingredients for its nutritional benefits and taking precautions to safeguard from the adverse effects of excessive intake of sodium. 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.

Africa Sodium Reduction Ingredients Market Product Types

The Bakery and confectionery segment is expected to register a substantial CAGR

Based on application, the sodium reduction ingredients 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 which is likely to provide lucrative opportunities for market growth.

Africa Sodium Reduction Ingredients Market Applications

South Africa is expected to dominate the market

In terms of geography, the market is broadly classified as South Africa, Nigeria, Algeria and Rest of Africa. The market in South Africa is anticipated to expand at a robust CAGR during the forecast period. Reduction was insinuated on the main source of salt in the 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 government bodies are focusing on reduction of excess salt intake 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.

Africa Sodium Reduction Ingredients Market Regions

Segments

The Africa sodium reduction ingredients market has been segmented on the basis of:-

Product Type

  • Amino Acids and Glutamates
  • Mineral Salts
    • Potassium Chloride
    • Magnesium Sulphate
    • Potassium Lactate
    • Calcium Chloride
  • Yeast Extracts
  • Others

Application

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

Geography

  • South Africa
  • Nigeria
  • Algeria
  • Rest of Africa

Key Companies

Competitive Landscape

Key players competing in Africa sodium reduction ingredients market include Cargill, Incorporated, Tate & Lyle PLC, AngelYeast Co., Ltd, Kerry Group 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.

Africa Sodium Reduction Ingredients Market Key Players
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Sodium Reduction Ingredients 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 Ingredients 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 Ingredients Market - Supply Chain
  4.5. Global Sodium Reduction Ingredients Market Forecast
     4.5.1. Sodium Reduction Ingredients Market Size (US$ Mn) and Y-o-Y Growth
     4.5.2. Sodium Reduction Ingredients Market Size (000’ Units) and Y-o-Y Growth
     4.5.3. Sodium Reduction Ingredients Market Absolute $ Opportunity
5. Global Sodium Reduction Ingredients Market Analysis and Forecast by Region
  5.1. Market Trends
  5.2. Introduction
     5.2.1. Basis Point Share (BPS) Analysis by Region
     5.2.2. Y-o-Y Growth Projections by Region
  5.3. Sodium Reduction Ingredients Market Size and Volume Forecast by Region
     5.3.1. North America
     5.3.2. Latin America
     5.3.3. Europe
     5.3.4. Asia Pacific
     5.3.5. Middle East and Africa (MEA)
  5.4. Absolute $ Opportunity Assessment by Region
  5.5. Market Attractiveness/Growth Potential Analysis by Region
  5.6. Global Sodium Reduction Ingredients Demand Share Forecast, 2019-2026
6. North America Sodium Reduction Ingredients Market Analysis and Forecast
  6.1. Introduction
     6.1.1. Basis Point Share (BPS) Analysis by Country
     6.1.2. Y-o-Y Growth Projections by Country
  6.2. North America Sodium Reduction Ingredients Market Size and Volume Forecast by Country
     6.2.1. U.S.
     6.2.2. Canada
  6.3. Absolute $ Opportunity Assessment by Country
  6.4. Market Attractiveness/Growth Potential Analysis
     6.4.1. By Country
     6.4.2. By Product Type
     6.4.3. By Application
  6.5. North America Sodium Reduction Ingredients Demand Share Forecast, 2019-2026
7. Latin America Sodium Reduction Ingredients 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
     7.1.3. Latin America Average Pricing Analysis
  7.2. Latin America Sodium Reduction Ingredients Market Size and Volume Forecast by Country
      7.2.1. Brazil
      7.2.2. Mexico
      7.2.3. Rest of Latin America
   7.3. Absolute $ Opportunity Assessment by Country
  7.4. Market Attractiveness/Growth Potential Analysis
     7.4.1. By Country
     7.4.2. By Product Type
     7.4.3. By Application
  7.5. Latin America Sodium Reduction Ingredients Demand Share Forecast, 2019-2026
8. Europe Sodium Reduction Ingredients 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. Europe Average Pricing Analysis
  8.2. Europe Sodium Reduction Ingredients Market Size and Volume Forecast by Country
     8.2.1. Germany
     8.2.2. France
     8.2.3. Italy
     8.2.4. U.K.
     8.2.5. Spain
     8.2.6. Russia
     8.2.7. Rest of Europe
  8.3. Absolute $ Opportunity Assessment by Country
  8.4. Market Attractiveness/Growth Potential Analysis
     8.4.1. By Country
     8.4.2. By Product Type
     8.4.3. By Application
  8.5. Europe Sodium Reduction Ingredients Demand Share Forecast, 2019-2026
9. Asia Pacific Sodium Reduction Ingredients 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. Asia Pacific Average Pricing Analysis
  9.2. Asia Pacific Sodium Reduction Ingredients Market Size and Volume Forecast by Country
     9.2.1. China
     9.2.2. Japan
     9.2.3. South Korea
     9.2.4. India
     9.2.5. Australia
     9.2.6. Rest of Asia Pacific (APAC)
  9.3. Absolute $ Opportunity Assessment by Country
  9.4. Market Attractiveness/Growth Potential Analysis
     9.4.1. By Country
     9.4.2. By Product Type
     9.4.3. By Application
  9.5. Asia Pacific Sodium Reduction Ingredients Demand Share Forecast, 2019-2026
10. Middle East & Africa Sodium Reduction Ingredients 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. Middle East & Africa Average Pricing Analysis
  10.2. Middle East & Africa Sodium Reduction Ingredients Market Size and Volume Forecast by Country
     10.2.1. Saudi Arabia
     10.2.2. South Africa
     10.2.3. UAE
     10.2.4. Rest of Middle East & Africa (MEA)
  10.3. Absolute $ Opportunity Assessment by Country
  10.4. Market Attractiveness/Growth Potential Analysis
     10.4.1. By Country
     10.4.2. By Product Type
     10.4.3. By Application
  10.5. Middle East & Africa Sodium Reduction Ingredients Demand Share Forecast, 2019-2026
11. Competition Landscape
  11.1. Global Sodium Reduction Ingredients Market: Market Share Analysis
  11.2. Sodium Reduction Ingredients Distributors and Customers
  11.3. Sodium Reduction Ingredients Market: Competitive Dashboard
  11.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
     11.4.1. Cargill, Incorporated Tate & Lyle PLC AngelYeast Co. Ltd, Kerry Group

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