Global Salt Reduction Ingredients Market is expected to grow at a significant CAGR in the upcoming years as the scope and its applications are rising enormously across the globe. Salt, or sodium chloride, helps improve flavor profiles. However, there is growing anxiety about the number of sodium, people consume. Sodium is widely used as an avital nutrient for the smooth functioning of human body. Sodium intake is mandatory for normal operations of the human body. However, extreme intake of sodium causes hypertension and cardiovascular disease. In order to reduce excess sodium content in the body, various sodium-reducing ingredients are added to the food.
World Health Organization (WHO), states that food-containing sodium in excess is known to cause severe health disorders. An average intake of 1500 mg to 2300 mg per day of sodium is considered tolerable. However, based on research it is observed that Americans and Canadians consume about 3400 mg of sodium per day and is one of the major causes of several chronic diseases suffered by individuals living in the region.
Salt Reduction Ingredients Market is segmented based on types, applications, and region. Types such as Yeast Extracts, Mineral Salts (Potassium Lactates, Magnesium Sulphate, Potassium Sulphate, Calcium Chloride, and Potassium Chloride), Amino Acids, and others (Nucleotides, Hydrolyzed Vegetable Protein, and Trehalose) classify the market.
Mineral salts segment accounted for the largest market share of Salt Reduction Ingredients Industry and is estimated to lead the overall market in the upcoming years. Mineral salts and yeast extracts have been gaining substantial growth for serving as an important component in food products due to the health benefits derived from them, without cooperating on the flavor and taste. Importance of ingredients such as amino acids and mineral salts, especially in the processing of meat products, has been rising due to the high levels of consumption of such products in developed nations.
Applications into Sauces, Seasonings & Snacks, Bakery & Confectionery, Meat Products, Dairy & Frozen Foods, and others (Beverages, Breakfast Cereals, and Baby Food) classify Salt Reduction Ingredients Market. The demand for sodium reduction ingredients in the sauces, seasonings & snacks segment accounted for the largest market share of Salt Reduction Ingredients Industry and is estimated to grow at highest CAGR in the years to come. On the other hand, the bakery and confectionery segment is estimated to be the fastest growing segment in the upcoming years.
Salt Reduction Ingredients Market is segmented geographically into Americas (North America, Latin America), Europe (Eastern Europe, Western Europe), Asia Pacific, Latin America, Middle East and Africa. Globally, North America accounts for the largest market share of salt content reduction ingredients market and is estimated to lead the overall market in the years to come. The reason being, the presence of several fast food and other food processing industries in the region. In addition, government initiatives to raise the consumer awareness regarding the benefits of sodium reducing ingredients. Europe and the Asia Pacific follow suit.
Europe is second largest region accounting the significant market share of Salt Reduction Ingredients Industry and is estimated to grow at highest CAGR in the years to come. The reason being, the high demand for salt reducing ingredient rising consumer preference for packed food in the region. On the other hand, Asia Pacific is estimated to grow at fastest pace in the upcoming years. The reason being, the presence of highly populated countries like China and India. Rest of the World is estimated to have sluggish growth and the demand in the years to come.
The key players of Salt Reduction Ingredients Market are Innophos Holdings Inc., Cambrian, Sensient Technologies Corporation, Associated British Foods Plc, Cargill Inc., Advanced Food Systems Inc., Royal DSM N.V., DuPont, Givaudan, and Jungbunzlauer Suisse AG. These players are concentrating on inorganic growth to sustain themselves amongst fierce competition. As such, mergers, acquisitions, and joint ventures are the need of the hour.
Geographically, this report is segmented into several key Regions, with production, consumption, revenue (million USD), market share and growth rate of Salt Reduction Ingredients in these regions, from 2012 to 2022 (forecast), covering
• North America
• Southeast Asia
Global Salt Reduction Ingredients market competition by top manufacturers, with production, price, revenue (value) and market share for each manufacturer; the top players including
• Cargill, Incorporated
• Koninklijke DSM N.V.
• Advanced Food Systems, Inc.
• Sensient Technologies Corporation
• Associated British Foods PLC
• Kerry Group
• Savoury Systems International, Inc.
• Angel Yeast Co. Ltd.
• Smart Salt Inc.
• Jugbunzlauer Suisse A.G.
• Ajinomoto Co., Inc.
• Givaudan SA
• Archers Daniels Midland Company
• Tate & Lyle PLC
• Innophos Holdings, Inc.
• Fufeng Group Ltd.
On the basis of product, this report displays the production, revenue, price, market share and growth rate of each type, primarily split into
• Yeast Extracts
• High Nucleotide Ingredients
• Hydrolysed Vegetable Protein
• Mineral Salts
On the basis of the end users/applications, this report focuses on the status and outlook for major applications/end users, consumption (sales), market share and growth rate for each application, including
• Dairy Products
• Bakery Products
• Fish Derivatives
• Meat and Poultry
• Sauces and Seasonings
Research Support Specialist, USA