Increasing awareness regarding health effects of excessive sodium consumption is expected to remain a key factor driving the global sodium reduction ingredients market growth. Excessive sodium consumption is found to lead to cardiac and chronic heart ailments. On account of the above stated, sodium reduction ingredients are gaining prominence in functional foods and nutraceuticals products. This trend is expected to have a positive impact on global market growth over the forecast period. Growing demand for processed food particularly in Asia Pacific and Latin American markets is expected to further drive the global market growth. Sodium reduction ingredients are widely used as salt substitutes in food production. Its increasing application in confectionaries, bakery products, frozen foods, and dairy products is expected to further complement the global market growth.
Major sodium reduction ingredients in the market include mineral salts, yeast extracts, and amino acids. Mineral salts are the most consumed form of sodium reduction ingredients due to its ready availability and low cost compared to its counterparts. Other ingredients that are expected to witness significant growth over the forecast period include trehalose, nucleotides, and hydrolyzed vegetable protein. These products are gaining importance as masking agents that remove bitterness and metallic after-taste in food products. Sodium reduction ingredients are gaining prominence in food flavors and preparations such as seasonings and sauces. This is expected to further strengthen its demand. Increasing R&D to develop better ingredients is expected to provide market participants with a competitive advantage.
North America and Europe are major regional markets and are expected to grow on account of high consumer awareness regarding salt substitutes. High processed food demand in the U.S. and UK is expected to further complement the respective regional market growth. Asia Pacific is expected to register a considerable growth rate over the forecast period on account of increasing processed food demand in China and India. Increasing diagnosis of cardiac ailments primarily in India has driven the demand for sodium reduction ingredients. This trend is expected to further strengthen the regional market growth over the forecast period.
Major companies operating in the global sodium reduction ingredients market include Kerry Group Plc, DuPont, Novozymes, Tata, Lyle Plc, Angel Yeast Co. Ltd., Savoury Systems International Inc, Innophos Holdings Inc., Cargill Inc., Royal DSM NV, Ohly GmbH, Sensient Technologies Corp and Jungbunzlauer Suisse AG.
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Weaker consumer demand for lifestyle and wellbeing products due to social restrictions and lockdown policies shall have a negative impact on the demand patterns of cosmetic ingredients and certain categories of food additives. However, easing restrictions and public discourse about restarting economic activities in the consumer goods marketspace indicates that, the recovery of demand is imminent. The report will account for Covid19 as a key market contributor.