Sodium Reducing Agents Market Industry Outlook, Growth Prospects and Key Opportunities 2024
Axiom Market Research & Consulting™ added a “Sodium Reducing Agents Market Report By Product Type,
Application and Geography – Global Market Share, Trend Analysis & Forecast
Up To 2024”. Sodium
reducing agents market is primarily driven by increasing demand for healthier
and safer food, rising government initiatives to increase public awareness
related to harmful effects of excess consumption of sodium, changing lifestyle
and increasing demand for processed food
Sodium Reducing Agents Market Report Analysis:
Reduction of sodium level in food products helps in the
prevention of obesity, high blood pressure and cardiac and chronic heart
diseases which further drives the market growth. However, excessive ingredient
cost of the sodium reduction agents may hinder the growth of the market during
the projected period.
Sodium Reducing Agents Market Based On Product Type:
Sodium reducing agents market by product type into amino
acids, mineral salts, yeast extracts and others including hydrolysed vegetable
protein, trehalose and nucleotides. The mineral salts are further classified
into potassium chloride, magnesium sulphate, potassium lactate and calcium
chloride. The mineral salts segment is estimated to account for the largest
market share and expected to maintain their dominance throughout the forecast
period, due to its easy availability and low cost as compared to another
segments.
Sodium Reducing Agents Market Based on Application:
Global sodium reducing market on basis of application is
bifurcated into bakery & confectionery, dairy & frozen foods, meat
& meat products, seasonings & sauces, snacks and other including
dressing & condiments. The bakery & confectionary segment is projected
to witness the highest CAGR in the forecast period due to rising demand and
production in processed food industry.
Sodium Reducing Agents Market by Region:
North America, Europe, Asia Pacific, Latin America and MEA.
North America comprises United States, Canada and Mexico whereas Europe would
primarily cover Germany, France, UK, Italy and Rest of Europe. The key
countries included under Asia Pacific are China, Japan, India, Australia, and
Rest of Asia Pacific. Middle East & Africa, South Africa and Rest of
MEA are the key countries covered in the report. North America dominates the
global sodium reducing agent market and is expected to grow at highest CAGR during
the forecast period. Consumers preference for healthy lifestyle accompanied
with rising demand for low sodium level food products enhance business
expansion in North America region.
Sodium Reducing Agents Market by Top Key
Players:
key participants in global sodium reducing agents market are
Kerry Group Plc, El Du Pont De Nemours & Co. (Danisco A/S), Novozymes,
Tate & Lyle PLC , Angel Yeast Co. Ltd., Savoury Systems International
Inc, Innophos Holdings Inc, Cargill Inc., Royal DSM NV, Sensient
Technologies Corp, Jungbunzlauer Suisse AG., Givaudan SA, Dr. Paul Lohmann GmbH
KG, etc.
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Tel: +1(845)875-9786, +44(0) 20 23869707
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