Middle East and Africa Sodium Reduction Ingredients Market has been estimated at USD 70 Million in 2021 and is projected to reach USD 120 Million by 2026, at a CAGR of 11.32% during the forecast period from 2021 to 2026.
Market Overview:
Sodium reduction ingredients are functional substitutes for salt which reduce or remove salt content from food. Consumption of reduced sodium products help reduce incidences of various health issues. Sodium reduction ingredients are gaining prominence in food flavors and preparations such as seasonings and sauces.
Drivers and Restraints:
The market for Sodium Reduction Ingredients in Middle-East and Africa is mainly driven due to growth in the demand for processed food, increasing consumer awareness and rising government promotion of intake of low sodium products. But, the market growth can be constrained due to lack of single standard approach to reduce sodium and high cost of ingredients as compared to salt.
Middle East and Africa Sodium Reduction Ingredients Market Segmentation Analysis:
Middle-East and Africa market for Sodium Reduction Ingredients is segmented based on type and application By type, the market is further sub-segmented into Amino Acids, Mineral Salts, Yeast Extracts, others (hydrolyzed vegetable protein, trehalose, nucleotides). By application, the market is further sub-segmented into Dairy, Bakery & Confectionary, Meat Products, Sauces, Seasonings & Snacks, others. The mineral salts segment accounts for the largest market share followed by the yeast extracts segment. Mineral salts and yeast extracts have been gaining significant growth for serving as an important component in food products due to the health benefits derived from them, without compromising on the flavor and taste. The demand for sodium reduction ingredients in the sauces, seasonings & snacks segment accounts for the largest share, while the bakery & confectionery segment is projected to be the fastest-growing.
Region Analysis:
Geographically, Middle-East and Africa market for Sodium Reduction Ingredients is segmented into Middle-East region and Africa region. Globally companies have been developing customized offerings to suit the demands of manufacturers who require certain specific characteristics in flavor and texture. Leading brands have been involved in extending the market share in developing regions of Africa and the Middle East.
Key Players in the Market:
Major key players in the MEA Sodium Reduction Ingredients Market are
Cargill, Incorporated, Kerry Group Plc, Royal DSM N.V., Angel Yeast Co. Ltd., E.I. du Pont de Nemours & Co., Cambrian Solutions Inc., Associated British Foods plc, Givaudan SA, and Company, Innophos Holdings, Inc, Jungbunzlauer Suisse A.G., Sensient Technologies Corporation and Tate & Lyle PLC are the major players of Middle-East and Africa Sodium Reduction Ingredients market.
1. Introduction
1.1 Market Definition
1.2 Study Deliverables
1.3 Base Currency, Base Year and Forecast Periods
1.4 General Study Assumptions
2. Research Methodology
2.1 Introduction
2.2 Research Phases
2.2.1 Secondary Research
2.2.2 Primary Research
2.2.3 Econometric Modelling
2.2.4 Expert Validation
2.3 Analysis Design
2.4 Study Timeline
3. Overview
3.1 Executive Summary
3.2 Key Inferences
3.3 New Developments
4. Drivers, Restraints, Opportunities, and Challenges Analysis (DROC)
4.1 Market Drivers
4.2 Market Restraints
4.3 Key Challenges
4.4 Current Opportunities in the Market
5. Market Segmentation
5.1 By type
5.1.1 Amino Acids
5.1.2 Mineral Salts
5.1.3 Yeast Extracts
5.1.4 Others
5.1.4.1 Hydrolyzed vegetable protein
5.1.4.2 Trehalose
5.1.4.3 Nucleotides
5.2 By application
5.2.1 Dairy
5.2.2 Bakery & Confectionary
5.2.3 Meat Products
5.2.4 Sauces, Seasonings & Snacks
5.2.5 Others
6. Geographical Analysis
6.1 Introduction
6.2 Middle-East
6.3 Africa
7. Strategic Analysis
7.1 PESTLE analysis
7.1.1 Political
7.1.2 Economic
7.1.3 Social
7.1.4 Technological
7.1.5 Legal
7.1.6 Environmental
7.2 Porter’s Five analysis
7.2.1 Bargaining Power of Suppliers
7.2.2 Bargaining Power of Consumers
7.2.3 Threat of New Entrants
7.2.4 Threat of Substitute Products and Services
7.2.5 Competitive Rivalry within the Industry
8. Market Leaders' Analysis
8.1 Cargill, Incorporated
8.1.1 Overview
8.1.2 Product Analysis
8.1.3 Strategic Evaluation and Operations
8.1.4 Financial analysis
8.1.5 Legal issues
8.1.6 Recent Developments
8.1.7 SWOT analysis
8.1.8 Analyst View
8.2 Kerry Group Plc
8.3 Royal DSM N.V.
8.4 Angel Yeast Co. Ltd.
8.5 E.I. du Pont de Nemours & Co.
8.6 Cambrian Solutions Inc.
8.7 Associated British Foods plc
8.8 Givaudan SA
8.9 Innophos Holdings, Inc
8.10 Jungbunzlauer Suisse A.G.
8.11 Sensient Technologies Corporation
8.12 Tate & Lyle PLC
9. Competitive Landscape
9.1 Market share analysis
9.2 Merger and Acquisition Analysis
9.3 Agreements, collaborations and Joint Ventures
9.4 New Product Launches
10. Expert Opinions
10.1 Market Outlook
10.2 Investment Opportunities
Appendix
a) List of Tables
b) List of Figures
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