North America Sodium Reduction Ingredient Market – Growth, Trends, and Forecast (2022 - 2027)
North America Sodium Reduction Ingredient Market is projected to grow at a CAGR of 8.4% during the forecast period (2020-2025).
Key HighlightsThe consumption of bakery products and other processed food in the region is expected to increase, assisted by the growth in the busy lifestyle among the population in countries like United States and Canada, development in the retail market, and stable economic growth. Moreover, manufacturers are involved in gregarious research and development in order to introduce new products with innovative flavors & healthy ingredients and growth in the retail market are expected to drive the demand in the near future. Moreover, the growing knowledge with regard to the detrimental effects of excessive intake of salt, improvement in taste, and increased demand for sodium reduction ingredients in bakery products.
Mineral Salts holds a Prominent Share in the Market StudiedMineral salts, such as potassium chloride, magnesium sulphate, calcium chloride, and potassium lactate, among others, are widely used as SRIs, owing to their widespread availability and potential to replace normal salt in terms of its functionalities and taste. For example, Potassium chloride (KCL) is the most preferred SRI among mineral salts, due to its similar taste profile like salt (NaCl). Furthermore, food manufacturers use different mineral salts when they are formulating low-sodium or reduced-sodium products. This salt substitute provides a seasoning alternative for manufacturers looking to reduce sodium, while also maintaining flavor by using salts, like potassium chloride, to imitate salt (sodium chloride) in food products, which in turn boosting the market studied.
Competitive LandscapeThe key players in this market have been involved in the process of developing a range of customized solutions to target the specific needs of the food manufacturers and consumer health. Thus, the sodium reduction ingredients market has been gaining more global presence and acceptance among authorities. Some of the major key players in the sodium reduction ingredients market in North America include Biospringer, Tate & Lyle Plc, Advanced Food Systems Inc, Kerry Group Plc, among others.
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