Report Description
The India 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 5.7% during 2023–2031. The growth of the market is attributed to increasing demand for processed food products.
On average, Indian consumers consume 10 grams of salt per day. While the World Health Organization (WHO) recommends no more than five grams of salt consumption per day. The country's high salt consumption is primarily due to preference for spicy foods, such as pickles, which have a high salt content that serves as a preservative. Despite several initiatives launched in recent years to raise public awareness about the issues related to excessive salt consumption, the trend of high salt consumption continues in the country.
As the population has shifted from rural to urban areas, an increase in the consumption of salts, such as mineral salt, which has been largely accompanied by the benefits, has been observed in the country. The preference for mineral salt is inextricably linked with how consumers are connected to social media, where the prevalence of the Internet as a medium has led to the rapid changes in food consumption.
Sodium is regarded as an essential nutrient that is required for the body's proper functioning. Even though it is essential for various biological processes, it is also responsible for hypertension and cardiovascular diseases. As a result, sodium reduction ingredients are used to reduce sodium levels in food products while maintaining similar taste and functionality. With the development of new products such as Mediterranean Umami, which includes natural vegetable extracts and sea salt, the challenge of significantly reducing sodium in processed foods while maintaining clean label image has been resolved. Companies benefit from the development of these products by being able to formulate lower sodium applications, such as soups, sauces, and bakery.
India Sodium Reduction Ingredients Market Trends, Drivers, Restraints, and Opportunities
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Increasing health benefits and consciousness is expected to fuel the market growth.
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Negative impact on health may hinder the market growth.
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The development of sodium with natural vegetable extract is anticipated to create immense opportunities for the market players.
Scope of India Sodium Reduction Ingredients Market Report
The report on the India 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
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Details
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Report Title
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India Sodium Reduction Ingredients Market – Industry Analysis, Growth, Share, Size, Trends, and Forecast
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Base Year
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2022
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Historic Data
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2016–2021
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Forecast Period
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2023–2031
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Segmentation
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Types (Amino Acids and Glutamates, Mineral Salts, Yeast Extracts, and Other Product Types), Applications (Bakery and Confectionery, Condiments, Seasonings, and Sauces, Dairy and Frozen Foods, Meat and Meat Products, Snacks, and Other Applications)
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Country
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India
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Report Coverage
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Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast
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Key Players Covered in the Report
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ADM, Tate & Lyle, Bunge, Cargill, and Givaudan
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India Sodium Reduction Ingredients Market Segment Insights:
Amino acids and glutamates segment to account a major market share
Based on types, the market is segregated into amino acids and glutamates, mineral salts, yeast extracts, and other product types. MSG is the sodium salt of glutamic acid, an amino acid found in most food products and body. It is a common food additive as it improves flavor. MSG is also known as "China salt" in many countries. Beside from its flavor-enhancing properties, MSG has been linked to various forms of toxicity. MSG has been linked to obesity and metabolic disorders, Chinese Restaurant Syndrome, neurotoxicity, and negative effects on reproductive organs.
Mineral salt is primarily found in milk and other dairy products, and is also found in green vegetables, egg yolk, and seafood. It is required by the organism to ensure strong bones and teeth. Chlorine and sodium, among others help to keep body hydrated.
Bakery and confectionery segment to expand at a high CAGR
On the basis of applications, the market is segregated into bakery and confectionery, condiments, seasonings, and sauces, dairy and frozen foods, meat and meat products, snacks, and other applications. The bakery and confectionery segment is expected to expand at a robust CAGR during the forecast period owing to its high nutrient value and affordability. Rapid population growth, rising foreign influence, and shifting eating habits have all contributed significantly to the bakery industry growth. Consumers are demanding newer options in bakery products, and the industry has been experiencing fortification of bakery products, including SRI, in order to satiate the burgeoning appetite of health-conscious consumers.
Segments
The India sodium reduction ingredients market is segmented on the basis of
Types
- Amino Acids and Glutamates
- Mineral Salts
- Yeast Extracts
- Other Product Types
Applications
- Bakery and Confectionery
- Condiments
- Seasonings
- Sauces
- Dairy and Frozen Foods
- Meat and Meat Products
- Snacks
- Other Applications
Country
Key Players
- ADM
- Tate & Lyle
- Bunge
- Cargill
- Givaudan
Competitive Landscape
The major players in the India sodium reduction ingredients market include ADM, Tate & Lyle, Bunge, Cargill, and Givaudan. Companies are engaging in mergers, acquisitions and partnerships to expand their market share.
Table Of Content
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 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. Sodium Reduction Ingredients Market Size and Volume Forecast by Types
5.3.1. Amino Acids and Glutamates
5.3.2.
Mineral Salts
5.3.3.
Yeast Extracts
5.3.4.
Other Product Types
5.4. Absolute $ Opportunity Assessment by Types
5.5. Market Attractiveness/Growth Potential Analysis by Types
6. Global Sodium Reduction Ingredients 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 Ingredients 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 Ingredients Demand Share Forecast, 2019-2026
7. North 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
7.2. North America Sodium Reduction Ingredients 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 Ingredients Market Size and Volume Forecast by Types
7.4.1. Amino Acids and Glutamates
7.4.2.
Mineral Salts
7.4.3.
Yeast Extracts
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 Sodium Reduction Ingredients Demand Share Forecast, 2019-2026
8. Latin America 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. Latin America Average Pricing Analysis
8.2. Latin America Sodium Reduction Ingredients 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 Ingredients Market Size and Volume Forecast by Types
8.4.1. Amino Acids and Glutamates
8.4.2.
Mineral Salts
8.4.3.
Yeast Extracts
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 Sodium Reduction Ingredients Demand Share Forecast, 2019-2026
9. Europe 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. Europe Average Pricing Analysis
9.2. Europe Sodium Reduction Ingredients 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 Ingredients Market Size and Volume Forecast by Types
9.4.1. Amino Acids and Glutamates
9.4.2.
Mineral Salts
9.4.3.
Yeast Extracts
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 Sodium Reduction Ingredients Demand Share Forecast, 2019-2026
10. Asia Pacific 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. Asia Pacific Average Pricing Analysis
10.2. Asia Pacific Sodium Reduction Ingredients 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 Ingredients Market Size and Volume Forecast by Types
10.4.1. Amino Acids and Glutamates
10.4.2.
Mineral Salts
10.4.3.
Yeast Extracts
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 Sodium Reduction Ingredients Demand Share Forecast, 2019-2026
11. Middle East & Africa Sodium Reduction Ingredients 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 Ingredients 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 Ingredients Market Size and Volume Forecast by Types
11.4.1. Amino Acids and Glutamates
11.4.2.
Mineral Salts
11.4.3.
Yeast Extracts
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 Sodium Reduction Ingredients Demand Share Forecast, 2019-2026
12. Competition Landscape
12.1. Global Sodium Reduction Ingredients Market: Market Share Analysis
12.2. Sodium Reduction Ingredients Distributors and Customers
12.3. Sodium Reduction Ingredients Market: Competitive Dashboard
12.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
12.4.1. ADM
12.4.2.
Tate & Lyle
12.4.3.
Bunge
12.4.4.
Cargill
12.4.5.
Givaudan