Global Sodium Reduction Ingredients Market- Growth, Trends & Forecasts 2016-2021
The global market for sodium reduction ingredients is likely to maintain a CAGR of 11.2% between 2016 and 2021. North America forms the largest market for sodium reduction ingredients worldwide, cornering a share estimated at about 45% in 2014. In terms of growth, however, demand for sodium reduction ingredients in Europe is slated to outpace other regions by posting a CAGR in excess of 12% during the above mentioned analysis period. By product type, the global market for mineral salts is the largest, accounting for an estimated share of about 58% in 2014. Due to the fact that yeast extracts naturally contain umami flavor, their utilization in other flavors as enhancers becomes much more simplified. Because of this original characteristic and other areas of use, demand for yeast extracts is anticipated to register the fastest growth among all sodium reduction ingredients.
Sodium reduction ingredients, constituting a crucial component of the food additives industry, are utilized for either reducing the salt content in food products or entirely replacing it. Excessive intake of sodium will lead to a number of adverse health effects, hypertension being foremost among them. Other health risks of the same include stroke, heart failure, osteoporosis, stomach cancer, kidney disease, kidney stones, enlarged heart muscle and headaches. Sodium consumption in excess can also be the cause of increased water retention that leads to puffiness, bloating and weight gain.
Alleviating these conditions to some extent has been possible through the use of sodium reduction ingredients, such as mineral salts, amino acids and yeast extracts. These mineral salts comprises of various salts such as potassium chloride, magnesium sulfate, potassium lactate and calcium chloride, with hydrolyzed vegetable protein, nucleotides and trehalose as well. Such ingredients typically find application on a combo basis or as blends that can be added to food products. A few of these ingredients are also being utilized in the form of masking ingredients that help in avoiding the bitter or metallic aftertastes of certain foods. Versatility in application has provided the requisite impetus to these health promoting products.
Some of the major factors driving demand for sodium reduction ingredients include:
Greater emphasis on health nutrition
Growing knowledge in regard to the detrimental effects of excessive intake of salt
Improvement in taste
Increased demand for processed foods
Key Deliverables in the Study
Market analysis for the Global Sodium Reduction Ingredient Market, with region specific assessments and competition analysis.
Market definition along with the identification of key drivers and restraints.
Identification of factors instrumental in changing the market scenarios, rising prospective opportunities, and identification of key companies that can influence this market.
Extensively researched competitive landscape section with profiles of major companies along with their market shares.
Identification and analysis of the macro and micro factors that affect the Global Sodium Reduction Ingredient Market.
A comprehensive list of key market players along with the analysis of their current strategic interests and key financial information.
A wide-ranging knowledge and insights about the major players in this industry and the key strategies adopted by them to sustain and grow in the studied market.
Insights on the major regions in country where this industry is blooming and to also identify the regions that are still untapped.