Report Description
The South Africa sodium reduction ingredient market size was USD XX Bn in 2022 and is likely to reach USD XX Bn by 2031, expanding at a CAGR of 6.4% during 2023–2031. The growth of the market is attributed to the growth of beef production in South Africa. Salt is the key ingredient in the meat industry therefore, sodium reduction is very important in South Africa.
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.
South Africa Sodium Reduction Ingredient Market Trends, Drivers, Restraints, and Opportunities
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Rising consumer preference towards healthy food habits is estimated to fuel the market in the coming years.
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Increasing awareness about the harmful effects of consumption of salt on body is anticipated to boost the market.
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Rapid growth of the packed food industry is major factor spurring the market in the coming years.
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High price of the ingredients is projected to hamper the market growth.
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Limited consumer commitment to food flavor act as major challenge that can restrict the market during the forecast period.
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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 South Africa Sodium Reduction Ingredient Market Report
The report on the South Africa sodium reduction 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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South Africa Sodium Reduction 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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Product Types (Yeast Extracts, Mineral Salts, Amino Acids and Glutamates, and Other Product Types), Applications (Meat and Meat Products, Condiments, Seasonings, and Sauces, Snacks, Dairy and Frozen Products, Bakery and Confectionery, and Other Applications)
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Region
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South Africa
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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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Tate & Lyle Kerry Group, Archer Daniels Midland Company, Cargill Incorporated, and Givaudan
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South Africa Sodium Reduction Ingredient Market Segment Insights
The mineral salts segment is projected to hold a key market share
Based on product types, the South Africa sodium reduction market is fragmented into yeast extracts, mineral salts, amino acids and glutamates, and other product types. The mineral salts product segment is expected to constitute a key share of the market during the forecast period owing to possibility to replace normal salt regarding its functionality and taste and to its widespread availability.
Potassium chloride, magnesium sulphate, potassium lactate, calcium chloride, and others are different types of mineral salts. Mineral salts are highly used in bakery, meat, and snacks. Potassium chloride is mostly used among mineral salts as it tastes similar as normal salt. Reduction of sodium through mineral salts is a feasible as well as cost effective approach.
The bakery and confectionary segment is projected to account for a large market share
On the basis of applications, the South Africa sodium reduction ingredient market is segregated into meat and meat products, condiments, seasonings, and sauces, snacks, dairy and frozen products, bakery and confectionery, and other applications. The bakery and confectionary segment is expected to constitute a key share of the market during the forecast period owing to items of high consumption, affordability, and high nutrient value.
Changing eating habits of the people, increasing foreign influence, and rapid increase in the population is immensely contributing to the growth of bakery and confectionary industry. Health conscious consumers are demanding for healthy and new bakery products. However, the meat and meat products segment is anticipated to expand at a rapid pace during the forecast period due to meat is the major source of protein for population of South Africa. On the other hand, dairy and frozen products have strong potential in sodium reduction ingredient market.
Segments
The South Africa sodium reduction ingredient market has been segmented on the basis of
Product Type
- Yeast Extracts
- Mineral Salts
- Amino Acids and Glutamates
- Other Product Types
Application
- Meat and Meat Products
- Condiments, Seasonings, and Sauces
- Snacks
- Dairy and Frozen Products
- Bakery and Confectionery
- Other Applications
Key Players
- Tate & Lyle Kerry Group
- Archer Daniels Midland Company
- Cargill Incorporated
- Givaudan
Competitive Landscape
Key players competing in the South Africa reduction ingredient market include Tate & Lyle Kerry Group, Archer Daniels Midland Company, Cargill Incorporated, and Givaudan. Some of these players are involved in several market strategies such as mergers, acquisitions, partnerships, collaborations, capacity expansion, and product launches to enhance their market shares and to enable sodium reduction ingredient penetration across food products.
Table Of Content
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. 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. 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. Sodium Reduction Ingredient Market - Supply Chain
4.5. Global Sodium Reduction Ingredient Market Forecast
4.5.1. Sodium Reduction Ingredient Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Sodium Reduction Ingredient Market Size (000’ Units) and Y-o-Y Growth
4.5.3. Sodium Reduction Ingredient Market Absolute $ Opportunity
5. Global 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. Sodium Reduction Ingredient Market Size and Volume Forecast by Types
5.3.1. Yeast Extracts
5.3.2.
Mineral Salts
5.3.3.
Amino Acids and Glutamates
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 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. 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 Sodium Reduction Ingredient Demand Share Forecast, 2019-2026
7. North America 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 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 Sodium Reduction Ingredient Market Size and Volume Forecast by Types
7.4.1. Yeast Extracts
7.4.2.
Mineral Salts
7.4.3.
Amino Acids and Glutamates
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 Ingredient Demand Share Forecast, 2019-2026
8. Latin America 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 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 Sodium Reduction Ingredient Market Size and Volume Forecast by Types
8.4.1. Yeast Extracts
8.4.2.
Mineral Salts
8.4.3.
Amino Acids and Glutamates
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 Ingredient Demand Share Forecast, 2019-2026
9. Europe 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 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 Sodium Reduction Ingredient Market Size and Volume Forecast by Types
9.4.1. Yeast Extracts
9.4.2.
Mineral Salts
9.4.3.
Amino Acids and Glutamates
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 Ingredient Demand Share Forecast, 2019-2026
10. Asia Pacific 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 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 Sodium Reduction Ingredient Market Size and Volume Forecast by Types
10.4.1. Yeast Extracts
10.4.2.
Mineral Salts
10.4.3.
Amino Acids and Glutamates
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 Ingredient Demand Share Forecast, 2019-2026
11. Middle East & Africa 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 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 Sodium Reduction Ingredient Market Size and Volume Forecast by Types
11.4.1. Yeast Extracts
11.4.2.
Mineral Salts
11.4.3.
Amino Acids and Glutamates
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 Ingredient Demand Share Forecast, 2019-2026
12. Competition Landscape
12.1. Global Sodium Reduction Ingredient Market: Market Share Analysis
12.2. Sodium Reduction Ingredient Distributors and Customers
12.3. Sodium Reduction Ingredient Market: Competitive Dashboard
12.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
12.4.1. Tate & Lyle Kerry Group
12.4.2.
Archer Daniels Midland Company
12.4.3.
Cargill Incorporated
12.4.4.
Givaudan