The market for sodium reduction ingredients is expanding mostly due to rising demand for processed foods brought on by changing lifestyles. The market for the sodium reduction component is expected to rise as packaged foods with less salt are increasingly consumed. The market for sodium reduction components is also anticipated to increase as a result of rising awareness of the harmful health effects of excessive salt consumption. In terms of value, North America held the largest market share for sodium reduction ingredients worldwide in 2021, accounting for 31.9% of the market, followed by Europe and Asia Pacific. Given the importance of food as a basic necessity, it is anticipated that during pandemic and post-pandemic situations there will be an increase in demand for food ingredients such sodium reduction products. One of the current significant trends is for food businesses to concentrate on lowering the sodium content of their products, and this trend is anticipated to boost demand for sodium-reduction ingredients.
According to Coherent Market Insights, A CAGR of 12.4% was projected for the global Sodium Reduction Ingredient Market, with a revenue value of US$1.08 billion in 2021. (2022 to 2030).
Leading Companies in the Sodium Reduction Ingredient Industry:
1. Cambrian Solutions Inc.,
The business was established in 1995 and has its main office in Ontario, Canada. The company serves clients in the natural and organic, food, domestic, industrial, institutional, health ingredients, personal care, and industrial sectors by providing speciality ingredients and chemicals. Cambrian Solutions has improved the distribution of its biotechnology portfolio across Canada as of 2022. In January 2021, Cambrian Solutions announced its most recent collaboration with industry pioneer Solvay to bring its cutting-edge line of bio-based solvents to the Canadian market.
2. Kerry Group PLC,
The business was founded in 1972 and is based in Tralee, Ireland. The business produces chilled meals with customer branding and added value brands. Niacet, a pioneer in preservation, will be purchased by Kerry Group for €853 million in June 2021. Kerry Group paid $107.5 million for The Kraft Heinz Company's B2B powdered cheese business and related assets in August 2022. Kerry introduced Sherex Supreme in September 2022, a newly created, ground-breaking texture system that imitates the functioning of locust bean gum (LBG) in hard-pack ice cream.
3. Associated British Foods plc,
The business was established in 1935 and is located in London, England. The company is a packaged food business that distributes wholesome food items under well-known brand names and offers delivery services. The grocery division is a significant producer of both branded and private label supermarket products.
4. E. I. DUPONT DE NEMOURS AND COMPANY
The business was founded in 2017 and is located in Delaware, United States. The business offers a wide variety of products, including building supplies, adhesives, electrical components, textiles, fibres, home and garden items, resins for use in medical equipment, printing, and consumer goods. The company also provides technology-based materials and solutions. DuPont stated in November 2021 that it planned to buy Rogers Company for $5.2 billion.
5. Innophos Holdings, Inc.
The company was established in 2004 and is located in New Jersey, United States. The business makes phosphate salts, acids, and associated goods. In January 2023, Innophos Highlighted Fresh Clinical Studies Regarding Oxyjun®. A new website for the Asia Pacific food and beverage market was launched by Innophos in November 2022. The launch of new baking solutions under the LEVAIR® brand was announced by Innophos in September 2022.
6. Jungbunzlauer Suisse A.G
The business was founded in 1867 and is based in Basel, Switzerland. The business also makes "Xanthan Gum" and ethyl alcohol in addition to producing and distributing citric acids, citrates, and gluconates. One of the top producers of natural biodegradable substances in the world is Jungbunzlauer.
7. Sensient Technologies Corporation,
The company was established in 1882 and is based in Wisconsin, United States. Sensient Technologies Company produces and sells specialty ingredients such as colours, tastes, and other additives. The business is a top producer and marketer of extracts, flavours, colours, and other additives worldwide.
*Definition: In order to lower the sodium content of the average diet, sodium-reduction additives are utilised in the food and beverage business. Sodium contributes to the enhancement of the food's sensory appeal as well as its preservation from spoiling.
