India Sodium Reduction Ingredients Market - Growth, Trends, COVID-19 Impact, and Forecasts (2022 - 2027)

India Sodium Reduction Ingredients Market - Growth, Trends, COVID-19 Impact, and Forecasts (2022 - 2027)

The Indian sodium reduction ingredients market is expected to register a CAGR of 5.3% over the forecast period, 2020 to 2025.

Key Highlights

• Excessive intake of sodium leads to a number of adverse health effects, hypertension being the foremost among them. Alleviating these conditions, to some extent, has been possible through the use of SRI, such as mineral salts, amino acids, and yeast extracts. Versatility in the applications has provided the requisite impetus to these health-promoting products.
• Some of the major factors driving the demand for SRI include a greater emphasis on health and nutrition, growing knowledge about the detrimental effects of excessive salt intake, improvement in taste, and an increased demand for processed foods.

Key Market TrendsIncreasing Consumer Awareness about High Sodium Intake

Indian consumers, on an average, consume 10 grams of salt per day, which is double the World Health Organization's (WHO) recommendation of a maximum of five grams per day. The high salt consumption in the country is mostly because of the preference for spicy food, such as pickles, which have high salt content that serves as a preservative. This trend is ongoing, despite several measures launched in the recent years, to create public awareness about the ill effects of consuming excess salt. However, the shift of the population from rural to urban areas has led to an increase in the consumption of salts, such as mineral salts, largely followed by the product know-how and the benefits. The popularity of mineral salts is excessively linked with the way in which the consumers are connected to social media, where the prevalence of internet as a medium has led the first-world trends to witness a rapid development in India, over the past few years.

Bakery and Confectionery Segment holds the Largest Market Share

The bakery and confectionery segment witnessed a growing trend over the past few years, mostly in relation to high nutrient value and affordability, and as items of huge consumption. A rapid increase in the population, rising foreign influence, and fluctuating eating habits of the people have significantly contributed to the growth trajectory of the bakery industry. With regard to bakery products, consumers are demanding newer options, and the industry has been experiencing fortification of bakery products, inclusive of SRI, in order to satiate the burgeoning appetite of health-conscious Indians.

Competitive Landscape

The sodium reduction market in India is consolidated, and the key players in the industry hold a significant share of the market. The major players operating in the segment are ADM, Tate & Lyle, Bunge, Cargill, and Givaudan, among others. The major players are focusing on strategies, such as expansions and mergers and acquisitions with domestic food processing companies, to facilitate SRI penetration across food products.

Additional Benefits:

• The market estimate (ME) sheet in Excel format
• 3 months of analyst support

Companies Mentioned

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LightEdge Solutions, Inc

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