Global Sodium Reduction Ingredients Market Growth 2023-2029
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.
LPI (LP Information)' newest research report, the “Sodium Reduction Ingredients Industry Forecast” looks at past sales and reviews total world Sodium Reduction Ingredients sales in 2022, providing a comprehensive analysis by region and market sector of projected Sodium Reduction Ingredients sales for 2023 through 2029. With Sodium Reduction Ingredients sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Sodium Reduction Ingredients industry.
This Insight Report provides a comprehensive analysis of the global Sodium Reduction Ingredients landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Sodium Reduction Ingredients portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Sodium Reduction Ingredients market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Sodium Reduction Ingredients and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Sodium Reduction Ingredients.
The global Sodium Reduction Ingredients market size is projected to grow from US$ 2699.4 million in 2022 to US$ 2472.8 million in 2029; it is expected to grow at a CAGR of 2472.8 from 2023 to 2029.
The top three players of global Sodium Reduction Ingredients include Fufeng, Meihua and Ajinomoto, with 46% market shares. China is the largest consumption place, with a consumption market share nearly 68%.
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.
Market Segmentation:
Segmentation by type
Amino Acids
Mineral blends
Yeast Extracts
Segmentation by application
Bakery and Confectionery
Dairy and Frozen Foods
Meat Products
Sauces, Seasonings & Snacks
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Cargill
Morton
Tate & Lyle
Biospringer
ABF
DSM
Ajinomoto
Innophos
Fufeng
Meihua
Angel Yeast
CNSG
Jiangsu Jingshen Salt
Yunnan Salt & Salt Chem
Shindoo Chemi-industry
Key Questions Addressed in this Report
What is the 10-year outlook for the global Sodium Reduction Ingredients market?
What factors are driving Sodium Reduction Ingredients market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Sodium Reduction Ingredients market opportunities vary by end market size?
How does Sodium Reduction Ingredients break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?
Please note: The report will take approximately 2 business days to prepare and deliver.
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