China Sodium Reduction Ingredient Market Size
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Historical Data Period | 2019 - 2022 |
| CAGR | 10.00 % |
| Market Concentration | Low |
Major Players
*Disclaimer: Major Players sorted in no particular order |
China Sodium Reduction Ingredient Market Analysis
The Chinese sodium reduction ingredients market is projected to register a CAGR of 10% during the forecast period.
Growth in the food industry, especially the packaged and processed food segments, is driving the consumption of sodium among the consumers. To reduce this high consumption, the manufacturers are making products that are tasty and healthy, but with less sodium content.
The levels of sodium and the ingredients used to reduce sodium content differ across applications, mainly due to the variations in taste, texture, and usage requirements of each application.
Consumption of noodles, meat, sauces, soups, and snack is high in China, and the segments are huge potential markets for sodium reduction ingredients.
China Sodium Reduction Ingredient Market Trends
This section covers the major market trends shaping the China Sodium Reduction Ingredient Market according to our research experts:
Yeast Extracts are Driving the Market
Yeast extracts are used as food additives to impart savory and umami tastes. These ingredients are widely used across soups, snacks, meat, bakery, and dairy products mainly due to the wide array of taste profiles they offer. Yeast extract are composed of glutamic acid, peptides, nucleotides, glutathione, group B vitamins, minerals, and other flavoring compounds. These ingredients are natural and are used as replacements for MSG and HVP, which are a prevailing trend in the food industry. Yeast extracts do not affect the texture of food, as they are highly soluble. Additionally, yeast extracts are rich in proteins, and thus, add nutritional value to the product.
Increased Utilization in Snacks
Sodium reduction ingredients are highly utilized in snacks, owing to the high consumption of snack foods. Consumption patterns may also vary from region to region, due to differences in type of snacks and flavor preferences, which result in variations in demand for several sodium reduction ingredients. Processed snacks manufacturers have been trying to differentiate their products by developing and launching low sodium granola bars, chips, nuts, and crackers to attract health conscious consumers. The underlying innovation in different reduced salt products is driving the growth of sodium reduction ingredients in matured markets of developed economies.
China Sodium Reduction Ingredient Industry Overview
The Chinese sodium reduction ingredients market is fragmented, with the presence of global and local players. The major strategies adopted by the companies are new product innovations, expansions, mergers and acquisitions, to cater to the growing demand. The key players in the market are Angel Yeast Co. Ltd, Corbion NV, Tate & Lyle PLC, and Koninklijke DSM NV.
China Sodium Reduction Ingredient Market Leaders
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Givaudan
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Corbion NV
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Koninklijke DSM N.V
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Tate & Lyle Plc
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Angel Yeast Co., Ltd
*Disclaimer: Major Players sorted in no particular order
China Sodium Reduction Ingredient Market Report - Table of Contents
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1. INTRODUCTION
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1.1 Study Assumptions and Market Definition
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1.2 Scope of the Study
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2. RESEARCH METHODOLOGY
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3. EXECUTIVE SUMMARY
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3.1 Market Overview
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4. MARKET DYNAMICS
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4.1 Market Drivers
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4.2 Market Restraints
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4.3 Porter's Five Forces Analysis
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4.3.1 Bargaining Power of Suppliers
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4.3.2 Bargaining Power of Buyers/Consumers
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4.3.3 Threat of New Entrants
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4.3.4 Threat of Substitute Products
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4.3.5 Intensity of Competitive Rivalry
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5. MARKET SEGMENTATION
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5.1 Product Type
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5.1.1 Amino Acids and Glutamates
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5.1.2 Mineral Salts
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5.1.2.1 Potassium Chloride
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5.1.2.2 Magnesium Sulphate
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5.1.2.3 Potassium Lactate
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5.1.2.4 Calcium Chloride
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5.1.3 Yeast Extracts
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5.1.4 Other Product Types
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5.2 Application
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5.2.1 Bakery and Confectionery
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5.2.2 Condiments, Seasonings and Sauces
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5.2.3 Dairy and Frozen Foods
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5.2.4 Meat and Meat Products
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5.2.5 Snacks
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5.2.6 Other Applications
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6. COMPETITIVE LANDSCAPE
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6.1 Most Adopted Strategies
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6.2 Market Share Analysis
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6.3 Company Profiles
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6.3.1 Angel Yeast Co. Ltd
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6.3.2 Givaudan
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6.3.3 Biospringer
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6.3.4 Innophos Holdings Inc.
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6.3.5 Ohly Americas
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6.3.6 Corbion NV
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6.3.7 Koninklijke DSM NV
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6.3.8 Tate & Lyle PLC
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7. MARKET OPPORTUNITIES AND FUTURE TRENDS
China Sodium Reduction Ingredient Industry Segmentation
By product type, the Chinese sodium reduction ingredients market is segmented into amino acids and glutamates, mineral salts (potassium chloride, magnesium sulfate, potassium lactate, and calcium chloride), yeast extracts, and other types. Based on application, the market is segmented into bakery and confectionery, condiments, seasonings and sauces, dairy and frozen foods, meat and meat products, snacks, and other applications.
| Product Type | ||||||
| Amino Acids and Glutamates | ||||||
| ||||||
| Yeast Extracts | ||||||
| Other Product Types |
| Application | |
| Bakery and Confectionery | |
| Condiments, Seasonings and Sauces | |
| Dairy and Frozen Foods | |
| Meat and Meat Products | |
| Snacks | |
| Other Applications |
China Sodium Reduction Ingredient Market Research FAQs
What is the current China Sodium Reduction Ingredient Market size?
The China Sodium Reduction Ingredient Market is projected to register a CAGR of 10% during the forecast period (2024-2029)
Who are the key players in China Sodium Reduction Ingredient Market?
Givaudan, Corbion NV, Koninklijke DSM N.V, Tate & Lyle Plc and Angel Yeast Co., Ltd are the major companies operating in the China Sodium Reduction Ingredient Market.
What years does this China Sodium Reduction Ingredient Market cover?
The report covers the China Sodium Reduction Ingredient Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the China Sodium Reduction Ingredient Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
China Sodium Reduction Ingredient Industry Report
Statistics for the 2024 China Sodium Reduction Ingredient market share, size and revenue growth rate, created by 糖心vlog传媒鈩� Industry Reports. China Sodium Reduction Ingredient analysis includes a market forecast outlook to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.
