SODIUM REDUCTION INGREDIENT MARKET ANALYSIS

Name: Sodium Reduction Ingredient Market Size and Trends
Creator: Coherent Market Insights
License: https://www.coherentmarketinsights.com/privacy-policy
Keywords: Sodium Reduction Ingredient Market, Sodium Reduction Ingredient Market Report, Sodium Reduction Ingredient Industry Report, Sodium Reduction Ingredient Market Size, Sodium Reduction Ingredient Market Share, Sodium Reduction Ingredient Market Analysis, Sodium Reduction Ingredient Market Growth, Sodium Reduction Ingredient Market Trends, Sodium Reduction Ingredient Market Overview, Sodium Reduction Ingredient Market Forecast

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

Sodium Reduction Ingredient MarketSize and Trends

Global sodium reduction ingredient market was valued at US$ 1.4 Billion in 2022 in terms of revenue, exhibiting a CAGR of 10.0% during the forecast period (2023 to 2030).

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., a food, snack, and beverage company, reduced salt content in Walkers Crisps and Walkers Lights (snack food manufacturer) by 25% and that in Walkers Sensations by around 45%. The company also reduced sodium levels in its snack products by 25%–55%.

Figure 2. Global Sodium Reduction Ingredient Market Value Share (%), By Application, 2022

On the basis of application in 2022, the snacks segment has accounted the largest market share of 27% in terms of value, followed by frozen foods and bakery products segment respectively.