Mexico Sodium Reduction Ingredients Market by 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) - Industry Analysis, Growth, Share, Size, Trends, and Forecast 2021 – 2028
The Mexico sodium reduction ingredients market size is expected to register a substantial CAGR of 9.58% during the forecast period, 2021–2028. The growth of the market is attributed to the rising awareness of the harmful consequences of excessive sodium consumption.
Sodium is highly used as a vital nutrient for smooth functioning and normal operations of the human body. On the other hand, excessive intake of sodium is associated with various human health risks such as increased risk of stroke, cardiovascular diseases, and hypertension. Many companies are launching different products that act as sodium reducing ingredient for decreasing the overall consumption of sodium. Food and beverage producing companies are working towards decreasing the sodium level in different food products.
Sodium reduction ingredient is a substitute for normal salt which helps to reduce salt content from the food products. Sodium reduction ingredient include yeast extracts, mineral salts, and amino acids which are highly used in sauces, snacks, meat products, bakery, dairy, seasonings, and confectionary. Food technologists and scientist are finding innovative technologies which allow sodium reduction ingredient in different products without damaging the product quality, taste, safety, texture, shelf-life, and regulatory compliance. Sodium reduction ingredient has various health benefits which help in reducing frequency of health diseases including cardiovascular diseases, kidney stone and diseases, high blood pressure, stomach cancer, and obesity.
Market Trends, Drivers, Restraints, and Opportunities
- Rising consumer preference towards healthy food habits is estimated to fuel the market in the coming years.
- Increasing awareness about the harmful effects of consumption of salt on body is anticipated to boost the market.
- Rapid growth of the packed food industry is major factor spurring the market in the coming years.
- High price of the ingredients is projected to hamper the market growth.
- Limited consumer commitment to food flavor act as major challenge that can restrict the market during the forecast period.
- Technological advancement and innovation in sodium reduction ingredient used in food and beverage industry is anticipated to offer significant opportunities for the market players.
Scope of the Report
The report on the Mexico 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 |
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Report Title |
Mexico Sodium Reduction Ingredients Market - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast |
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Base Year |
2020 |
|
Historic Data |
2018–2019 |
|
Forecast Period |
2021–2028 |
|
Segmentation |
Product Type (Amino Acids and Glutamates, Mineral Salts, Yeast Extracts, and Other Product Types), Application (Bakery and Confectionery, Condiments, Seasonings and Sauces, Dairy and Frozen Foods, Meat and Meat Products, Snacks, and Other Applications) |
|
Regional Scope |
Asia Pacific, North America, Latin America, Europe, and Middle East & Africa |
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Report Coverage |
Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast |
|
Key Players Covered in the Report |
Lesaffre International, Lallemand Inc., Koninklijke DSM NV, Kerry Inc., and Cargill, Incorporated. |
Market Segment Insights
The mineral salts segment is projected to hold a large market share
On the basis of product type, the Mexico sodium reduction ingredients market is divided into amino acids and glutamates, mineral salts, yeast extracts, and others. The mineral salts segment is expected to represent a key share of the market during the forecast period. Mineral salts are the most often used sodium reduction component in the United States as they include potassium chloride, which provides taste without increasing daily sodium consumption when used as a salt substitute. In the Mexican market, companies like Cargill are prominent mineral salt providers to the food processing sector. The firm has one of the most comprehensive mineral salt product lines in the market; including potassium salts as potassium pro potassium chloride and potassium pro ultra-fine potassium chloride.
The meat and meat products segment is expected to grow at a rapid pace
On the basis of application, the Mexico 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 meat and meat products segment is anticipated to represent the key share of market during the forecast period. Meat and processed foods dominate the market in the Mexico as sodium in meat and processed foods and fast foods are high as it leads to health problems like heart disease, stroke, and high blood pressure.
Segments
Segments Covered in the Report
The 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
Key Players
- Lesaffre International
- Lallemand Inc.
- Koninklijke DSM NV
- Kerry Inc.
- Cargill, Incorporated.
Competitive Landscape
Key players competing in the market include Lesaffre International, Lallemand Inc., Koninklijke DSM NV, Kerry Inc., and Cargill, Incorporated.
Some of these players are using several market strategies including/such as mergers, acquisitions, partnerships, collaborations, capacity expansion, and product launches to increase their market shares.
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. Others
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. Others
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. Others
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. Others
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. Others
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. Others
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. Lesaffre International
12.4.2. Lallemand Inc.
12.4.3. Koninklijke DSM NV
12.4.4. Kerry Inc.
12.4.5. Cargill, Incorporated.
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. Others
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. Others
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. Others
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. Others
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. Others
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. Others
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. Lesaffre International
12.4.2. Lallemand Inc.
12.4.3. Koninklijke DSM NV
12.4.4. Kerry Inc.
12.4.5. Cargill, Incorporated.
Segments Covered in the Report
The 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
Key Players
- Lesaffre International
- Lallemand Inc.
- Koninklijke DSM NV
- Kerry Inc.
- Cargill, Incorporated.
Key players competing in the market include Lesaffre International, Lallemand Inc., Koninklijke DSM NV, Kerry Inc., and Cargill, Incorporated.
Some of these players are using several market strategies including/such as mergers, acquisitions, partnerships, collaborations, capacity expansion, and product launches to increase their market shares.
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