United States Sodium Reduction Ingredient Market is projected to grow at a CAGR of 6.21% during the forecast period (2020-2025).
Key Market Trends
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.
Competitive Landscape
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.
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- 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.
Key Market Trends
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.
Competitive Landscape
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.
Reasons to Purchase this report:
- The market estimate (ME) sheet in Excel format
- 3 months of analyst support
This product will be delivered within 2 business days.
Table of Contents
1 INTRODUCTION
4 MARKET DYNAMICS
5 MARKET SEGMENTATION
6 COMPETITIVE LANDSCAPE
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Cargill, Incorporated
- Koninklijke DSM N.V.
- Israel Chemicals
- Advanced Food Systems Inc
- Givaudan
- Innophos Holding Inc
- Kerry Group
- Jungbunzlauer Holding AG
Methodology
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