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