The "Sodium Reduction Ingredients - Global Market Outlook (2019-2027)" report has been added to ResearchAndMarkets.com's offering.
According to the report, the Global Sodium Reduction Ingredients Market accounted for $1.12 billion in 2019 and is expected to reach $3.01 billion by 2027, growing at a CAGR of 13.2% during the forecast period.
Increasing awareness among consumers about the ill-effects of excessive sodium intake, rise in demand for processed foods and improved efforts by food manufacturers are some of the factors propelling the growth of the market. However, a high ingredient cost is hampering the growth of the market.
Sodium reduction ingredients are used for reducing salt content from the food products either by replacing the salt from the food or partially reducing the excess salt from the food products as the excess amount of sodium intake can lead to high blood pressure (hypertension). Sodium reducing ingredients play a vital role in the food additives industry.
Based on the type, the mineral salts segment is anticipated to hold considerable market share during the forecast period as these salts are the most consumed because of its ready availability and low cost compared to its counterparts. By geography, North America is expected to grow at a significant market share during the forecast period owing to rising disposable income, changing consumption pattern, increased domestic consumption of processed food, rising number of people suffering from high blood pressure problems, and presence of major players operating in the countries in this region.
Angel Yeast Co. Ltd.
Tate & Lyle PLC
Sensient Technologies Corporation
Royal DSM N.V.
Kerry Group PLC
Jungbunzlauer Suisse AG
Innophos Holdings Inc.
E. I. Du Pont de Nemours and Company
Cambrian Solution Inc.
Ajinomoto Co Inc.
Associated British Foods Plc
Kudos Blends Limited
Savoury Systems International Inc.
Jiangsu Jingshen Salt and Chemical Industry
Yunnan Salt and Salt Chemical
What the report offers:
Market share assessments for the regional and country-level segments
Strategic recommendations for the new entrants
Covers Market data for the years 2018, 2019, 2020, 2024 and 2027
Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and Recommendations)
Strategic recommendations in key business segments based on the market estimations
Competitive landscaping mapping the key common trends
Company profiling with detailed strategies, financials, and recent developments
Supply chain trends mapping the latest technological advancements
Key Topics Covered:
1 Executive Summary
3 Market Trend Analysis
3.6 Application Analysis
3.7 Emerging Markets
3.8 Impact of COVID-19
4 Porters Five Forces Analysis
4.1 Bargaining Power of Suppliers
4.2 Bargaining Power of Buyers
4.3 Threat of Substitutes
4.4 Threat of New Entrants
4.5 Competitive Rivalry
5 Global Sodium Reduction Ingredients Market, By Application
5.2 Sweet & Savoury Snacks
5.3 Soups, Seasonings & Salads
5.4 Meat, Seafood & Poultry
5.5 Dairy & Frozen Foods
5.6 Bakery & Confectionery
5.7 Other Applications
5.7.1 Sauces/Dips & Dressings
5.7.4 Breakfast Cereals
5.7.6 Baby Foods
6 Global Sodium Reduction Ingredients Market, By Type
6.2 Amino Acids & Glutamates
6.3 Yeast Extracts
6.4 Mineral Salts
6.4.1 Potassium Sulfate
6.4.2 Calcium Chloride
6.4.3 Potassium Chloride
6.4.4 Magnesium Sulfate
6.4.5 Potassium Lactate
6.5 Other Types
6.5.3 Hydrolyzed Vegetable Protein
7 Global Sodium Reduction Ingredients Market, By Geography
7.2 North America
7.3.6 Rest of Europe
7.4.5 New Zealand
7.4.6 South Korea
7.4.7 Rest of Asia-Pacific
7.5 South America
7.5.4 Rest of South America
7.6 Middle East & Africa
7.6.1 Saudi Arabia
7.6.4 South Africa
7.6.5 Rest of Middle East & Africa
8 Key Developments
8.1 Agreements, Partnerships, Collaborations and Joint Ventures
8.2 Acquisitions & Mergers
8.3 New Product Launches
8.5 Other Key Strategies
9 Company Profiling
For more information about this report visit https://www.researchandmarkets.com/r/o5vfsc
View source version on businesswire.com: https://www.businesswire.com/news/home/20201021005670/en/
Laura Wood, Senior Press Manager
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