Global SRI market
Sodium Reduction Ingredient Market
For the most part, ingredient companies have moved to potassium chloride. Many of them have their own version of salt reducers or enhancers.
— One of the top three companies
The global market for sodium reduction ingredients is likely to maintain a CAGR of 12.2% between 2018 and 2023. North America forms the largest market worldwide, cornering a share estimated at about 45% in 2016. However, in terms of growth, the demand in Europe is slated to outpace that in other regions by posting a CAGR in excess of 12% during this period.
Some of the major factors driving the demand for sodium reduction ingredients include:
Greater emphasis on health nutrition
Wider knowledge about the detrimental effects of excessive intake of salt
Improvement in taste
Increased demand for processed foods
The sodium reductions ingredient market is a crucial component of the food additives industry. They are used to either reduce or entirely replace the salt content in food products, motivated by the adverse health effects caused by excessive intake of sodium. Ingredients include mineral salts, amino acids and yeast extracts.
Such ingredients typically find applications on a combo basis or as blends that can be added to food products. A few are also being used as masking ingredients. Versatility in application has provided the requisite impetus to these health-promoting products.
By product type, the global market for mineral salts is the largest, accounting for an estimated share of about 58% in 2016. The demand for yeast extracts is anticipated to register the fastest growth, because yeast extracts naturally contain umami flavor, which simplifies their use as flavor enhancers.
Key Deliverables in the Study:
A five-year forecast of the global sodium reduction ingredient market and noted trends.
Offers insight into the key demographics of sodium reduction ingredient market trends in condiments, seasonings & sauces that are most likely to be a key focus for innovation from 2018-2023.
Identifies interesting new and emerging innovation on offer in terms of amino acids, glutamates, mineral salts and other sodium reduction ingredient, positioning, and marketing across key food and beverage categories.
Understanding the sodium reduction ingredient market and the demand from consumers
Insights on the major countries/regions where the sodium reduction ingredient market is developing and to also identify the regions that are still untapped.
Market share of brands and private labels and private label growth analysis during 2018-2023
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