Sodium reduction ingredients (SRIs) are used to reduce the sodium content in the food products. SRIs is one of the fastest growing ingredients segments in the food industry.
It is essential for people to consume only the recommended amount of sodium, which helps avoiding all the health concerns and side effects associate with it. However, people from most developing countries consume more sodium that what is recommended in the form of fast foods, packaged foods, fried foods, dairy products and bakery foods. This is the major reason for the many governments to regulate in the sodium consumption of the world.
Demand is driven by demographics and the health of the economy, as well as people focus on health and goverment policy support. The profitability of individual companies depends on their ability to bid accurately, secure contracts, and control costs. Large companies enjoy economies of scale in financing and the ability to offer a broad range of services in many locations. Smaller companies can compete effectively by specializing in particular services or focusing on certain geography.
According to this study, over the next five years the Sodium Reduction Ingredients market will register a -1.3% CAGR in terms of revenue, the global market size will reach US$ 2680 million by 2024, from US$ 2900 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Sodium Reduction Ingredients business, shared in Chapter 3.
This report presents a comprehensive overview, market shares, and growth opportunities of Sodium Reduction Ingredients market by product type, application, key manufacturers and key regions and countries.
This study considers the Sodium Reduction Ingredients value and volume generated from the sales of the following segments:
Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3: and forecast to 2024 in section 11.7.
Amino Acids
Mineral blends
Yeast Extracts
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4: and forecast to 2024 in section 11.8.
Bakery And Confectionery
Dairy And Frozen Foods
Meat Products
Sauces, Seasonings & Snacks
This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
Cargill
Morton
Tate & Lyle
Biospringer
ABF
DSM
Ajinomoto
Innophos
Fufeng
Meihua
Angel Yeast
CNSG
Jiangsu Jingshen Salt
Yunnan Salt & Salt Chem
Shindoo Chemi-industry
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives
To study and analyze the global Sodium Reduction Ingredients consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Sodium Reduction Ingredients market by identifying its various subsegments.
Focuses on the key global Sodium Reduction Ingredients manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Sodium Reduction Ingredients with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Sodium Reduction Ingredients submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.