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Salt Substitutes Market Strong Development And Huge Growth 2025

12-22-2020 07:52 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Coherent market insights

Salt Substitutes Market

Salt Substitutes Market

Salt Substitutes are low sodium substitutes that have been developed to tackle the increasing risk of cardiovascular diseases and high blood pressure. Increasing health awareness regarding disorders resulting from high consumption of sodium chloride is driving demand for these products. The trend of low sodium diet is gaining significant traction, owing to which consumption of these products is expected to increase rapidly over the forecast period.

Mineral salts is the dominant product type segment in the global salt substitutes market. It is gaining importance in food flavors, as it provides taste enhancing and taste-modifying property. Dairy and frozen foods is the largest application segment, which witnessed market share of over 45% in 2016.

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Europe is the second largest market for salt substitutes. Increasing health awareness among population and introduction of new products majorly focusing on the health requirement of the consumers are the major factors driving growth of the market. Manufacturers in the region are working towards introduction of healthy variants of existing products. European manufacturers are focused on reducing the concentration of sodium in meat, dairy, and convenience food products.

Detailed Segmentation:

Global Salt Substitutes Market, By Product:
Mineral Salts
Amino Acids
Yeast Extracts
Hydrolyzed Vegetable Protein
Others

Global Salt Substitutes Market, By Application:
Dairy and Frozen Foods
Bakery and Confectionery
Sauce, Seasoning and Snacks
Fresh Meat Products
Others

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Key players operating in the global salt substitute market include Cargill Inc., Nu-Tek Food Sciences LLC, Koninklijke DSM N.V., Montana Indusrie Holding A.G., Angel Yeast Co. Ltd., Tate & Lyle Plc, and Innophos Holding Inc.

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About Coherent Market Insights:
Coherent Market Insights is a prominent market research and consulting firm offering action-ready syndicated research reports, custom market analysis, consulting services, and competitive analysis through various recommendations related to emerging market trends, technologies, and potential absolute dollar opportunity.

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