Sodium reduction ingredients Market

Date: 2016-05

Sodium is considered as an essential nutrient which is vital to the harmonious functioning of the body. Sodium, though found important for many biological processes in the human body, it is also responsible for creating hypertension and cardiovascular diseases when consumed in excess. Sodium reduction ingredients (SRIs) are substitutes that are similar to common salt in terms of functionality and taste. These ingredients are used in combination with each other as well as in combination with salt to meet the sodium reduction target for a particular food product. The market for these ingredients is estimated to reach $1,246.7m mark by 2020 with Europe as the fastest growing region.
Increasing concern on sodium intake among consumers coupled with government emphasis on reducing the salt consumption is propelling the market growth. Furthermore, rising demand for ‘free from foods’ from consumers provide a huge opportunity to SRIs providers as well as low sodium food manufacturers. Major food manufacturing companies have been reducing sodium levels in their products gradually in alignment with WHO recommendations as well as government regulations. SRIs providers have been involving in significant R&D to overcome the functional issues of various ingredients to meet the requirements of food manufacturers.
The SRIs market has been categorized based on key ingredients and end-use industry. The market size for key ingredients such as mineral salts, yeast extracts, amino acids in various regions have been covered in the report. End-use applications in SRIs market mentioned in the report include bakery, snacks, soups, meat products, table top and sauces & dressings. The market value and dynamics of each application has been analyzed at regional and country level as well. Government regulations, recommendations on salt intake and initiatives taken by several countries have been listed and analyzed.
Competitive landscape for industry and market players are profiled with attributes of company overview, financial overview, business strategies, product portfolio and recent developments. SRIs market is dominated by five major companies, namely: Cargill Inc. (U.S.), Royal DSM N.V. (The Netherlands), Ajinomoto Co Inc. (Japan), Jungbunzlauer AG (Switzerland) and Innophos Holding Inc. (U.S.). These companies have significant presence in the SRIs market with wide product mix and considerable brand image. Other major players in this market include Oceans Flavors foods LLC (U.S.), Givaudan SA (Switzerland) and ICL performance products LP (U.S.).

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