Sodium Reduction Ingredients Market Size, Drivers, Trends, Competitors

The Business Research Company recently released a comprehensive report on the Global Sodium Reduction Ingredients Market Size and Trends Analysis with Forecast 2024-2033. This latest market research report offers a wealth of valuable insights and data, including global market size, regional shares, and competitor market share. Additionally, it covers current trends, future opportunities, and essential data for success in the industry.

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According to The Business Research Company's, The sodium reduction ingredients market size has grown rapidly in recent years. It will grow from $1.28 billion in 2023 to $1.42 billion in 2024 at a compound annual growth rate (CAGR) of 10.7%. The growth in the historic period can be attributed to prevalence of hypertension, consumer preferences for healthy foods, rise in cardiovascular diseases, government regulations, globalization of fast food chains, educational campaigns.

The sodium reduction ingredients market size is expected to see rapid growth in the next few years. It will grow to $2.11 billion in 2028 at a compound annual growth rate (CAGR) of 10.4%. The growth in the forecast period can be attributed to government targets for sodium reduction, consumer demand for natural ingredients, increased application in beverages, rising incidence of lifestyle diseases, focus on umami enhancers. Major trends in the forecast period include customization for regional tastes, technological advancements in food science, clean label and natural ingredients, collaborations and partnerships in research, e-commerce and direct-to-consumer sales.

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Market Drivers and Trends:

Increase in health issues such as cardiovascular diseases are expected to propel the growth of the sodium reduction ingredients market going forward. Cardiovascular diseases (CVD), also known as heart and circulatory diseases, refer to a class of diseases that involve the heart or blood vessels. The use of sodium reduction ingredients holds considerable significance in mitigating the risk of cardiovascular diseases (CVD). High sodium intake is a known contributor to hypertension, a major risk factor for CVD. By incorporating sodium reduction ingredients in food products, manufacturers can respond to the global health imperative of lowering sodium consumption. These ingredients allow to produce heart-healthy foods without compromising taste, meeting consumer preferences for reduced sodium content. For instance, in August 2022, according to an article published by the National Institute of Health, a US-based medical research database, by the year 2060, the prevalence of CV risk factors is estimated to rise. Factors such as diabetes is expected to increase by 39.3% compared to 2025, and hypertension, is expected to increase by 27.1% compared to 2025. Therefore, an increase in health issues such as cardiovascular diseases is driving the sodium reduction ingredients market.

Technological advancement is a key trend in the sodium reduction ingredients market. Many players operating in the sodium reduction ingredients market are focused on innovating new technologies to reduce the sodium rate and sustain their market position. For instance, in October 2022, Fooditive, a Netherlands-based, food ingredients company, launched LowSalt, a unique type of salt that addresses the negative impacts of salt and offers a low sodium salt substitute that is also a more environmentally friendly choice. This new type of salt is 50% lesser sodium while providing the same flavor profile as salt. LowSalt uses a unique microorganism technology to provide flavoring for the salt and is focused on helping people who want to reduce their sodium intake without feeling deprived of flavor.

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Major Key Players of the Market:

Cargill Incorporated, Angel Yeast Co. Ltd., Kerry Group plc, Givaudan SA, Innophos Holdings Inc., Tate & Lyle plc, Biospringer, Corbion NV, Advanced Food Systems Inc., DuPont de Nemours Inc., Dr. Paul Lohmann GmbH & Co. KGaA, K+S Kali GmbH, Koninklijke DSM NV, Ajinomoto Co. Inc., DSM Food Specialties BV, Jungbunzlauer International AG, Fufeng Group Company Limited, Meihua Holdings Group Co. Ltd., Foodchem International Corporation, Henan Jindan Lactic Acid Technology Co. Ltd., Qingdao Huifenghe MSG Co. Ltd., Shandong Qilu Biotechnology Group Co. Ltd., Saltwell AB, Savoury Systems International, Cambiaso Risso Group, Salt of the Earth Ltd., Sensient Technologies Corporation, Associated British Foods plc, GNT Group B.V., Ingredion Incorporated

Sodium Reduction Ingredients Market 2024 Key Insights:

• The sodium reduction ingredients market size is expected to see rapid growth in the next few years. It will grow to $2.11 billion in 2028 at a compound annual growth rate (CAGR) of 10.4%.
• The Rising Appetite For Processed Foods Ignites Growth In The Sodium Reduction Ingredients Market
• Innovations In Sodium Reduction Technologies Transforming The Market Landscape
• North America was the largest region in the sodium reduction ingredients market share in 2023

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