The Global Sodium Reduction Ingredients market has been estimated at USD 725 Million in 2016 and is projected to reach USD 1249.4 Million by 2021, at a CAGR of 11.5% during the forecast period from 2016 to 2021. Sodium is an essential nutrient that our body requires for proper functioning. Sodium reduction ingredients are used to reduce the sodium content in the food products. Excess amount of sodium intake can lead to high blood pressure. Sodium reduction solutions are provided in the form of ingredient blends so as to meet the flavor and functional requirements of the food industry.
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The market for Sodium Reduction Ingredients is driven mainly due to increasing consumer preferences towards healthy foods owing to the growing awareness of the harmful effects of consuming excessive salts on the body. Also, rising government promotion of intake of low sodium products and increasing regulatory norms for food product manufacturers for reducing sodium level in their product are other factors boosting market growth. But, the market growth is constrained due to restricted section of consumer compromise on the taste of the food and pricing of ingredients.
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Global market for Sodium Reduction Ingredients is segmented based on type and application by type, the market is further sub-segmented into Amino Acids, Mineral Salts, Yeast Extracts, others (hydrolyzed vegetable protein, trehalose, nucleotides). By application, the market is further sub-segmented into Dairy, Bakery & Confectionary, Meat Products, Sauces, Seasonings & Snacks, others. The mineral salts segment accounts for the largest market share followed by the yeast extracts segment. Mineral salts and yeast extracts have been gaining significant growth for serving as an important component in food products due to the health benefits derived from them, without compromising on the flavor and taste. The demand for sodium reduction ingredients in the sauces, seasonings & snacks segment accounts for the largest share, while the bakery & confectionery segment is projected to be the fastest-growing.
Geographically, Global market for Sodium Reduction Ingredients is segmented into North America, Asia Pacific, Latin America, Europe, and Middle-East and Africa. North America is the biggest market in terms of market share across the globe, followed by Europe. The European market for Sodium Reduction Ingredients is witnessing a considerable growth due to high growth owing to the presence of health-conscious individuals in the region. The Sodium Reduction Ingredients market in the Asia-Pacific region is projected to grow at the highest CAGR, which is greatly due to increasing consumer preference towards convenience, ready-to-eat meals and packed food in the region.
Cargill, Incorporated, Kerry Group Plc, Royal DSM N.V., Angel Yeast Co. Ltd., E.I. du Pont de Nemours & Co., Cambrian Solutions Inc., Associated British Foods plc, Givaudan SA, and Company, Innophos Holdings, Inc, Jungbunzlauer Suisse A.G., Sensient Technologies Corporation and Tate & Lyle PLC are the major players of Global Sodium Reduction Ingredients market.
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