Market Size in 2022 | Market Forecast in 2030 | Growth Rate (in %) | Base Year |
---|---|---|---|
USD 4.98 Billion | USD 10.86 Billion | CAGR at 10.24% | 2022 |
According to the report published by Zion Market Research, the global Content Reduction Ingredients Market size was valued at USD 4.98 Billion in 2022 and is predicted to reach USD 10.86 Billion by the end of 2030. The market is expected to grow with a CAGR of 10.24% during the forecast period. The report analyzes the global Content Reduction Ingredients Market’s growth drivers, restraints, and impact on demand during the forecast period. It will also help navigate and explore the arising opportunities in the Content Reduction Ingredients Market industry.
According to new guidelines issued by WHO on 31st January 2013, adults should intake lesser than 2,000 milligrams of sodium or 5 grams of salt and nearly 3,510 milligrams of potassium each day. Intake of salt reducing products helps in addressing key health concerns such as kidney stones, hypertension, stomach cancer, and osteoporosis. It has been witnessed that consumers across the globe now prefer products that contain low salt contents due to health concerns. Replacing table salt with monosodium glutamates results in the reduction of the sodium content by nearly 40% without any loss of taste as the product consists of nearly one-third of sodium. Glutamates have the ability to reduce the salt content in bakery items, seasonings, and sauces while increasing the savory umami flavor. Glutamates account for only 2% of the overall sodium in the average diet due to the wide application of monosodium glutamates, it is likely that the product will dominate salt content reduction ingredients market share in the near future.
The major growth driver for the global salt content reduction ingredients market is the rapidly exploding population affected as a result of high blood pressure and cardiovascular ailments. Furthermore, the extensive application of salt content reducing ingredients such as potassium chloride and yeast extracts in meat and poultry items is anticipated to drive the growth of salt content reduction ingredients market size in the years ahead. For instance, the replacement of sodium chloride with potassium chloride in meat can help in reduction of sodium content in the meat products. This, in turn, will help the meat & poultry sector to dominate salt content reduction ingredients share in the estimated timeframe. Salt content reducing ingredients play a very important role in food additives sector. These products help in reducing excess salt from food products.
The rising occurrence of obesity across the globe is projected to contribute substantially towards salt content reduction ingredients market earnings in the ensuing years.
The global salt content reduction ingredients market is classified based on the product type and application. Based on the product type, salt content reduction ingredients market is divided into yeast extracts, high nucleotide ingredients, glutamates, hydrolyzed vegetable proteins (HVP), mineral salts, and others. Based on the application, salt content reduction ingredients market can be segmented into dairy products, bakery products, meat and poultry, beverages, fish derivatives, sauces and seasonings, and others.
Report Attributes | Report Details |
---|---|
Report Name | Content Reduction Ingredients Market Research Report |
Market Size in 2022 | USD 4.98 Billion |
Market Forecast in 2030 | USD 10.86 Billion |
Growth Rate | CAGR of 10.24% |
Number of Pages | 190 |
Key Companies Covered | Cargill, Kerry Group,Jugbunzlauer Suisse A.G., Koninklijke DSM N.V., Tate & Lyle PLC, Ajinomoto Co., Inc., E.I. du Pont de Nemours & Co., Advanced Food Systems, Inc., Givaudan SA, Sensient Technologies Corporation, Angel Yeast Co. Ltd.,Associated British Foods PLC, Innophos Holdings, Inc., Savoury Systems International, Inc., Smart Salt Inc., Archers Daniels Midland Company, and Fufeng Group Limited among several others. |
Segments Covered | By Product type, By Application, By Region |
Regions Covered | North America, Europe, Asia Pacific (APAC), Latin America, Middle East, and Africa (MEA) |
Base Year | 2022 |
Historical Year | 2017 to 2021 |
Forecast Year | 2023 - 2030 |
Customization Scope | Avail customized purchase options to meet your exact research needs. Request For Customization |
Based on regions, the global salt content reduction ingredients market can be segmented into five main regions: North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa. North America salt content reduction ingredients market is predicted to witness a robust growth over the next few years, owing to strict government legislations and policies associated with voluntary reduction of sodium in the U.S. It has been speculated that salt content reduction ingredients market in the Asia Pacific region is anticipated to witness an escalated growth, driven by massive demand for processed food products in countries such as India and China have large continental population base.
The key market players of the global salt content reduction ingredients market include:
The global Content Reduction Ingredients Market is segmented as follows:
By Product type
By Application
Global Salt Content Reduction Ingredients Market: Regional Segment Analysis
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