US 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 | 6.21 % |
| Market Concentration | Low |
Major Players
*Disclaimer: Major Players sorted in no particular order |
US Sodium Reduction Ingredient Market Analysis
United States Sodium Reduction Ingredient Market is projected to grow at a CAGR of 6.21% during the forecast period (2020 - 2025).
- The rising awareness among consumers on the ill effects of excessive sodium intake is one of the key driving factors for market growth.
- Also, governmental initiatives undertaken to increase consumer awareness towards the benefits of sodium reducing ingredients is expected to boost the overall market in the region.
- The passing of government regulations is directing the food manufacturers to reduce sodium content in packaged food products and resulting in the usage of SRIs in bakery and snacks end-user applications.
US Sodium Reduction Ingredient Market Trends
This section covers the major market trends shaping the US Sodium Reduction Ingredient Market according to our research experts:
Rising Consumer Awareness Towards High Sodium Intake
The growing consumer preferences towards healthy foods owing to the increased awareness of the harmful effects of consuming excessive salts on the body are anticipated to boost the overall growth for the sodium reduction ingredient market. Besides, governmental interventions coupled with multi-sector efforts by several organizations have raised awareness regarding the harmful effects of excessive consumption of sodium on the body. According to WHO, an estimated number of 2.5 million deaths could be prevented each year, if the global salt consumption is reduced to the recommended level. Thus, growing public awareness has anticipated boosting the overall growth in the demand for sodium reducing ingredients market.
Yeast Extracts is the Fastest Growing Segment
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 it offers. Yeast extract is composed of glutamic acid, peptides, nucleotides, glutathione, group B vitamins, minerals, and other flavoring compounds. Hence, based on the composition of these active compounds, they are used for specific applications. These ingredients are natural and are used as replacements to MSG and HVP, which is a prevailing trend in the food industry. Yeast extracts do not affect the texture of foodstuff as they are highly soluble. In addition, yeast extract is rich in proteins which adds nutritional value to the product.
US Sodium Reduction Ingredient Industry Overview
The United States sodium reduction ingredient market is fragmented and some of the major players include Cargill, DSM, Innophos Holding Inc, Jungbunzlauer AG, and Kerry Group. The major players are focusing on mergers and acquisitions, expansion, partnerships and new product development to gain a competitive advantage in the market.
US Sodium Reduction Ingredient Market Leaders
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Cargill, Incorporated
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Koninklijke DSM N.V.
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Innophos Holding Inc
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Jungbunzlauer AG
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Kerry Group
*Disclaimer: Major Players sorted in no particular order
US Sodium Reduction Ingredient Market Report - Table of Contents
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1. INTRODUCTION
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1.1 Study Assumptions & 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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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 Threat of New Entrants
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4.3.2 Bargaining Power of Buyers/Consumers
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4.3.3 Bargaining Power of Suppliers
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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 By 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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5.1.3 Yeast Extract
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5.1.4 Others
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5.2 By 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 Others
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6. COMPETITIVE LANDSCAPE
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6.1 Most Adopted Strategies
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6.2 Market Position Analysis
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6.3 Company Profiles
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6.3.1 Cargill, Incorporated
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6.3.2 Koninklijke DSM N.V.
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6.3.3 Israel Chemicals
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6.3.4 Advanced Food Systems Inc
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6.3.5 Givaudan
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6.3.6 Innophos Holding Inc
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6.3.7 Kerry Group
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6.3.8 Jungbunzlauer Holding AG
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- *List Not Exhaustive
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7. MARKET OPPORTUNITIES AND FUTURE TRENDS
US Sodium Reduction Ingredient Industry Segmentation
The United States sodium reduction ingredients market is segmented by product type and application. Based on product type, the market is segmented into amino acids and glutamates, mineral salts, yeast extracts, and others. Based on the application, the market is segmented into bakery and confectionery, condiments, seasonings and sauces, dairy and frozen foods, meat and meat products, snacks, and others.
| By Product Type | |
| Amino Acids and Glutamates | |
| Mineral Salts | |
| Yeast Extract | |
| Others |
| By Application | |
| Bakery and Confectionery | |
| Condiments, Seasonings and Sauces | |
| Dairy and Frozen Foods | |
| Meat and Meat Products | |
| Snacks | |
| Others |
US Sodium Reduction Ingredient Market Research FAQs
What is the current United States Sodium Reduction Ingredient Market size?
The United States Sodium Reduction Ingredient Market is projected to register a CAGR of 6.21% during the forecast period (2024-2029)
Who are the key players in United States Sodium Reduction Ingredient Market?
Cargill, Incorporated, Koninklijke DSM N.V., Innophos Holding Inc, Jungbunzlauer AG and Kerry Group are the major companies operating in the United States Sodium Reduction Ingredient Market.
What years does this United States Sodium Reduction Ingredient Market cover?
The report covers the United States Sodium Reduction Ingredient Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the United States Sodium Reduction Ingredient Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
United States Sodium Reduction Ingredient Industry Report
Statistics for the 2024 United States Sodium Reduction Ingredient market share, size and revenue growth rate, created by 糖心vlog传媒鈩� Industry Reports. United States 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.
