Global Sodium Reduction Ingredients Market: Growing Packaged Food Industry to Drive Demand, says TMR

Press Release   •   Oct 25, 2016 13:00 IST

The increasing demand for healthy nutritious food products coupled with the rising consumer awareness about harmful effects of excess sodium intake are driving the global sodium reduction ingredients market., states a new report by Transparency Market Research (TMR). The report is titled, “Sodium Reduction Ingredients Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2016 - 2023.” According to the World Health Organization (WHO), many serious health disorders can be caused owing to the consumption of food with high sodium content. Thus, manufacturers in the food and beverages industries are increasingly developing products with sodium reducing ingredients. Thus, the global sodium reduction ingredients market is expected to witness substantial growth in the coming years.

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With the U.S. Food and Drug Administration (FDA) regulating the salt content in food products and also taking efforts to make consumers aware of the nutritional content in various foods, the demand for sodium reduction ingredients is expected to surge. Moreover, governments as well as private entities are also creating a heightened awareness among consumers regarding the harmful effects of sodium. This will further aid the growth of the sodium reduction ingredients market worldwide.

The growth in the demand for processed food is expected to increase the demand for sodium reduction ingredients to some extent. The packaged food industry is also driving the market. In addition to this, sodium reduction ingredients are being used in food flavors and preparations such as seasonings and sauces, strengthening their demand. However, only a restricted section of consumers compromise on the taste of the food, posing a challenge for the global sodium reducing ingredients market.

According to the report, North America is a key consumer of sodium reducing ingredients due to the dense presence of fast food joints. Europe is expected to follow North America in terms of high consumption of sodium reducing ingredients due to the presence of a large number of health conscious consumers. In addition to this, Asia Pacific is also anticipated to witness a surge in the demand for sodium reducing ingredients, driven by factors such as large population in countries such as India and China and growing preference for packed food. However, the Rest of the World is expected to experience a sluggish growth in the coming years.

Players in the global sodium reduction ingredients market are increasingly investing in research and development so as to develop improved ingredients, thus helping them gain a competitive edge above others. Some of the players profiled in the report are: Kerry Group PLC., Tate & Lyle PLC, Angel Yeast, Royal DSM N. V., Sensient Technologies Corp., Innophos Holdings Inc., Givaudan SA, Cargill Inc., Dupont, and Jungbunzlauer AG. 

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