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Silica Sand Global Market Analysis, Trends, Growth, Research And Forecast 2033

04-29-2024 02:18 PM CET | Chemicals & Materials

Press release from: The Business research company

Silica Sand Global Market

Silica Sand Global Market

The salt content reduction ingredients market size has grown strongly in recent years. It will grow from $3.28 billion in 2023 to $3.58 billion in 2024 at a compound annual growth rate (CAGR) of 9.4%. The growth in the historic period can be attributed to consumer health awareness, regulatory initiatives, global dietary trend, supply chain challenges, consumer taste preferences, market competitiveness.

The salt content reduction ingredients market size is expected to see strong growth in the next few years. It will grow to $5.16 billion in 2028 at a compound annual growth rate (CAGR) of 9.5%. The growth in the forecast period can be attributed to cost consideration, retailer influence, educational campaigns, consumer demographics, international trade dynamics. Major trends in the forecast period include technological advancements, clean label products, collaborations and partnerships, low sodium alternatives, product innovation.

Market Overview -
Salt content reduction ingredients are ingredients that can be used to lower the amount of sodium or salt in food products without sacrificing taste or quality. It is generally used to lower or eliminate the excessive salt content of food goods, particularly packaged meals, and improves the risk of hypertension.

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Surge In Hypertension Drives Expansion Of The Salt Content Reduction Ingredients Market
The high prevalence of hypertension is expected to propel the growth of the salt content reduction ingredients market going forward. Hypertension is when the force of the blood against the artery walls is too high, 140/90 mmHg or higher. The high prevalence of hypertension is due to high sodium consumption. Less than 5 grams per day of salt for adults helps to reduce blood pressure and risk of cardiovascular disease, stroke, coronary heart attack, and other diseases. For instance, in November 2022, according to Medscape, a website providing access to medical information for clinicians and medical scientists, globally, hypertension affects an estimated 26% of the world's population (972 million people), with the prevalence anticipated to rise to 29% by 2025. Therefore, the high prevalence of hypertension is driving the growth of the salt-content reduction ingredients market.

Competitive Landscape -
Major companies operating in the salt content reduction ingredients market report are Advanced Food Systems Inc., Ajinomoto Co. Inc., Angel Yeast Co. Ltd., Archer Daniels Midland Company, Associated British Foods plc, Cargill Incorporated, DuPont de Nemours Inc., Fufeng Group, Givaudan SA, Innophos Holdings Inc., Jungbunzlauer Suisse AG, Kerry Group plc, Royal DSM N.V., Savory Systems International Inc., Sensient Technologies Corporation, Tate & Lyle plc, Dow Inc., Smart Salt, Dr. Paul Lohmann GmbH & Co. KGaA, AngelYeast Co., Ltd., Red Arrow Products Company LLC, DowDuPont, Advanced Food Systems, K+S Windsor Salt Ltd., Niacet Corporation, Angel Yeast, Kudos Blends Limited, Innophos Holdings, Savoury Systems International, Archers Daniels Midland Company

Innovative Product In Response To Health-Conscious Trends
Product innovation is a key trend gaining popularity in the salt content reduction ingredients market. Companies operating in the salt content reduction ingredients market are innovating products to sustain their position in the market. For instance, in April 2022, Tata Chemicals Limited, an India-based chemical company, launched Tata Salt Superlite with 30% less sodium. With high blood pressure concerns in India and salt intake exceeding recommended levels, SuperLite aims to cater to health-conscious consumers. Positioned as India's first 30% low-sodium salt, it addresses lifestyle considerations.

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Key Segments -

The salt content reduction ingredients market covered in this report is segmented -
1) By Product Type: Yeast Extracts, Glutamates, High Nucleotide Ingredients, Hydrolyzed Vegetable Protein, Mineral Salts, Other Product Types
2) By Ingredient: Mineral Blends, Amino Acid, Yeast Extract, Other Ingredients
3) By Application: Dairy Products, Bakery Products, Fish Derivatives, Meat And Poultry, Beverages, Sauces And Seasonings, Other Applications

Key highlights covered in the report -
1. Detailed market size forecast and historical data analysis
2. Key drivers influencing market growth
3. Identification of upcoming trends and potential opportunities in the market
4. Analysis of major players strategies, to understand competitive dynamics and market positioning
5. Evaluation of regional dynamics

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