Sodium Reduction Ingredient Market, By Ingredients (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), By Region (North America, Latin America, Europe, Middle East & Africa, and Asia Pacific)

Published In : Jul 2023

Code : CMI3970

Pages :90

Formats :

Excel and PDF

Industry : Food Ingredients

Market Challenges And Opportunities

Drivers

Growing demand for processed food due to changing lifestyles 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 sodium ingredients is further expected to augment the market growth of the sodium reduction ingredient.

Food being an essential commodity, the demand for ingredients such as sodium reduction ingredients is expected to rise during the pandemic and post-pandemic conditions, worldwide. Coronavirus (Covid-19) has majorly impacted the food & beverages industry and in turn, has changed the dynamics of the 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 the supply chain system of sodium reduction ingredients, which will hamper the growth of the global sodium reduction ingredient market for a short period.

Market Restraints

The cost of the final product of the sodium reduction ingredient is high as it requires lots of processes that increase the overall cost of the product. Limited consumer commitment to food flavor is expected to hamper the overall growth of the sodium reduction ingredient market. The high cost of these ingredients can hinder the market growth.