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Sodium Reduction Ingredient Market

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Sodium Reduction Ingredient Market, By Ingredient (Amino Acids, Mineral Blends (Magnesium Sulphate, Calcium Chloride, Potassium Sulphate, Potassium Chloride, Potassium Lactate), Yeast Extracts, Others), By Application (Sauces/Dips, Dressings, Snacks, Bakery Products, Cheese/Butter, Frozen Food, Others), and By Region (North America, Latin America, Europe, Asia Pacific, Middle East & Africa) - Size, Share, Outlook, and Opportunity Analysis, 2020 - 2027 – PowerPoint PPT presentation

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Date added: 2 November 2020
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Title: Sodium Reduction Ingredient Market


1
  • Coherent Market Insights
  • Market Research and Business Consulting Services
  • https//www.coherentmarketinsights.com/
  • COVID-19 Impact Tracker

2
SODIUM REDUCTION INGREDIENT MARKET ANALYSIS
  • Sodium Reduction Ingredient Market, By Ingredient
    (Amino Acids, Mineral Blends (Magnesium Sulphate,
    Calcium Chloride, Potassium Sulphate, Potassium
    Chloride, Potassium Lactate), Yeast Extracts,
    Others), By Application (Sauces/Dips, Dressings,
    Snacks, Bakery Products, Cheese/Butter, Frozen
    Food, Others), and By Region (North America,
    Latin America, Europe, Asia Pacific, Middle East
    Africa) - Size, Share, Outlook, and Opportunity
    Analysis, 2020 - 2027

3
  • Sodium reduction ingredient is important to
    reduce the excess amount of sodium present in the
    food as it can lead to various health issues such
    as cardiovascular diseases and hypertension.
    Sodium helps to improve the texture and sensory
    quality of the food and also, preserve the food
    from spoilage. Sodium reduction ingredient reduce
    the excessive amount of the sodium present in the
    food while maintain the critical features of the
    food such as safety, taste, texture, and
    shelf-life.
  • The global sodium reduction ingredient market is
    projected to reach around US 2158.7 million by
    the end of 2027, in terms of revenue, growing
    at CAGR of 12.2during the forecast
    period (2020-2027).

4
  • Drivers
  • Growing demand for processed food due to changing
    lifestyle is primarily fueling the market growth
    of the sodium reduction ingredient. Rising
    consumption of packaged food with less salt is
    also anticipated to foster the market growth of
    the sodium reduction ingredient. Moreover,
    growing awareness regarding the negative health
    effect of excessive consumption of the sodium
    ingredients is further expected to augment the
    market growth of the sodium reduction ingredient.

5
Figure 1. Global Sodium Reduction Ingredient
Market Share () in terms of Value, By Region, in
2019
North America region dominated the global sodium
reduction ingredient market in 2019, accounting
for 31.9 share in terms of value, followed by
Europe and Asia Pacific, respectively. Market
Restraints The high cost of the final product as
it requires lots of processes that increased the
overall cost of the product. According to
the Coherent Market Insights, reduced salt
products cost at least 5.0 more than normal
products.
6
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7
  • Market Opportunities
  • Increasing application of sodium reduction
    ingredient in confectioneries, frozen foods, and
    bakery food products is expected to bring new
    growth opportunities to the market. Growing
    consumption of treated food around the globe
    coupled with the increasing use of the sodium
    reduction ingredients in pizzas, sandwiches, and
    bread is another major factor projected to
    augment the market growth of sodium reduction
    ingredient over the forecast period.
  • The rising prevalence of the food flavors and
    sauces seasonings is expected to provide
    potential growth opportunities to the
    market. Growing R D activities by manufacturer
    supported by favorable government policies to
    develop an innovative and new product with
    enhanced properties is projected to foster the
    market growth. Growing diagnosis of cardiac
    ailments is another major factor projected to
    foster the market growth of the sodium reduction
    ingredient. 

8
Figure 2. Global Sodium Reduction Ingredient
Market Opportunity Analysis
Market Trends Most of the food brands are
focusing on reducing the sodium content is one of
the current major trends and this trend is
expected to augment the market growth of the
sodium reduction ingredient. According to the
Coherent Market Insights analysis, PepsiCo
Inc. the reduced salt content in Walkers Crisps
and Walkers Lights by 25 and that in Walkers
Sensations by around 45. The company
also reduced-sodium levels in its snack products
by 2555.
9
Figure 3. Global Sodium Reduction Ingredient
Market Share () in terms of Value, By
Application, in 2019
On the basis of application in 2019, the snacks
segment has accounted the largest market share
of 26.2 in terms of value, followed by frozen
foods and bakery products segment
respectively. Regulations World Health
Organization (WHO) recommends that adults consume
less than 2,000 mg of sodium or 5 grams of salt,
per day. Moreover, the Dietary Guidelines for
Americans 2010 recommends that daily sodium
intake should be less than 2,300 mg per day and
less than 1,500 mg for people aged 51 and above.
10
  • Global Sodium Reduction Ingredient Market -
    Impact of Coronavirus (Covid-19) Pandemic
  • Food being an essential commodity, the demand for
    food ingredients such as sodium reduction
    ingredient is expected to rise during the
    pandemic and post pandemic conditions, worldwide.
    Having said that, Coronavirus (Covid-19) has
    majorly impacted the food beverages industry
    and in turn has changed the dynamics of entire
    ecosystem including raw material suppliers
    supplying food ingredients. Lockdown in various
    nations such as India, China and Spain, among
    others and cease in the subsequent trade
    activities has paralyzed the supply chain.
    Lockdown in various countries is expected to
    impact supply chain system of sodium reduction
    ingredient, which will hamper growth of sodium
    reduction ingredient market for short period.

11
  • Competitive Section
  • Company Names
  • Cambrian Solutions Inc.
  • Kerry Group PLC
  • Associated British Foods plc
  • Givaudan SA ADR
  • E. I. DUPONT DE NEMOURS AND COMPANY
  • Innophos Holdings, Inc. 
  • Jungbunzlauer Suisse A.G.
  • Sensient Technologies Corporation
  • Tate Lyle PLC
  • Few Recent Developments
  • Cambrian Solutions Inc.
  • In September 2019, Maroon Group LLC has announced
    that it has acquired Cambrian Solutions Inc., a
    distributor of specialty ingredients and
    chemicals based in Oakville, Ontario, Canada.

12
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  • Reference https//www.coherentmarketinsights.com/
    market-insight/sodium-reduction-ingredient-market-
    3970

13
About Us
  • Coherent Market Insights is a global market
    intelligence and consulting organization focused
    on assisting our plethora of clients achieve
    transformational growth by helping them make
    critical business decisions.
  • What we provide
  • Customized Market Research Services
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  • Market Intelligence Services
  • Long term Engagement Model
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14
Contact Us
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  • Coherent Market Insights Pvt.Ltd.
  • Address 1001 4th Ave, 3200 Seattle, WA 98154,
    U.S.
  • Phone 1-206-701-6702
  • Email sales_at_coherentmarketinsights.com

15
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