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North America Sodium Reduction Ingredients Market By Type (Amino Acids, Mineral Salts, Yeast Extracts, Others (hydrolyzed Vegetable Protein, Trehalose, Nucleotides)), By Application (Dairy, Bakery & Confectionary, Meat Products, Sauces, Seasonings & Snacks, Others) And By Country (US, Canada and Rest of North America) - Growth, Size, Share, Trends, and Forecasts (2023 to 2028)

Published: March, 2023
ID: 1460
Pages: 140
Formats: report pdf report excel report power bi report ppt

North America Sodium Reduction Ingredients Market Growth and Forecast (2023 - 2028):

North America Sodium Reduction Ingredients Market has been estimated at USD 300 Million in 2022 and is projected to reach USD 500 Million by 2028, at a CAGR of 11.0% during the forecast period from 2023 to 2028.

Market Overview:

Sodium is widely used as an essential nutrient for smooth functioning of human body. Sodium intake is mandatory for normal operations of the human body. However, excessive intake of sodium causes hypertension and cardiovascular disease. In order to reduce excess sodium content in the body various sodium reducing ingredients are added to the food.

Drivers and Restraints:

The market for Sodium Reduction Ingredients in North America is mainly driven due to rising awareness among consumers regarding the adverse effects of high sodium intake coupled with continuous launch of new range of reduced sodium products. But, the market growth can be hampered due to after taste associated with reduced sodium ingredients and pricing of the end-product at the retail markets.

North America Sodium Reduction Ingredients Market Segmentation Analysis:

North America 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 the North America Sodium Reduction Ingredients Market is segmented into US, Canada and Rest of North America. North America is the biggest market in terms of market share across the globe. North America is the major consumer of sodium reducing ingredients market owing to the presence of several fast food and other food processing industries in the region.

Key Players in the Market:

Major Key Players in the North America 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
  • Tate & Lyle PLC

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