Asia-Pacific Sodium Reduction Ingredient Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

Asia-Pacific Sodium Reduction Ingredient Market is segmented by Product Type (Amino Acids & Glutamates, Mineral Salts, Yeast Extracts, and Others), By Application (Bakery & Confectionery, Condiments, Seasonings & Sauces, Dairy & Frozen Foods, Meat & Meat Products, Snacks, Others), and Geography.

APAC Sodium Reduction Ingredient Market Size

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Asia-Pacific Sodium Reduction Ingredient Market Summary
Study Period 2019 - 2029
Base Year For Estimation 2023
Forecast Data Period 2024 - 2029
Historical Data Period 2019 - 2022
CAGR 7.28 %
Market Concentration Low

Major Players

Asia-Pacific Sodium Reduction Ingredient Market Major Players

*Disclaimer: Major Players sorted in no particular order

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APAC Sodium Reduction Ingredient Market Analysis

Asia-Pacific Sodium Reduction Ingredient Market is projected to register a CAGR of 7.28%, during the forecast period of 2020-2025.

  • Excessive intake of sodium leads to a number of adverse health effects, hypertension being foremost among them. Alleviating these conditions to some extent has been possible through the use of SRI, such as mineral salts, amino acids, and yeast extracts. Versatility in its application has provided the requisite impetus to these health-promoting products.
  • Some of the major factors driving demand for SRI include the greater emphasis on health nutrition, the growing awareness with regard to the detrimental effects of excessive intake of salt, improvement in taste and increased demand for processed foods.

APAC Sodium Reduction Ingredient Market Trends

This section covers the major market trends shaping the APAC Sodium Reduction Ingredient Market according to our research experts:

Rising Demand for Bakery Products

The consumption of bakery products in the region is expected to increase, assisted by the growth in the population in countries like India and China, development in the retail market, and stable economic growth. Moreover, manufacturers are involved in gregarious research and development in order to introduce new products with innovative flavors & healthy ingredients and growth in the retail market are expected to drive the demand in the near future. Moreover, the growing knowledge with regard to the detrimental effects of excessive intake of salt, improvement in taste, and increased demand for sodium reduction ingredients in bakery products.

asia pacific sodium reduction ingredients market

Mineral Salts holds a Prominent Share in the Market Studied

Mineral salts, such as potassium chloride, magnesium sulphate, calcium chloride, and potassium lactate, among others, are widely used as SRIs, owing to their widespread availability and potential to replace normal salt in terms of its functionalities and taste. For example, Potassium chloride (KCL) is the most preferred SRI among mineral salts, due to its similar taste profile like salt (NaCl). Furthermore, food manufacturers use different mineral salts when they are formulating low-sodium or reduced-sodium products. This salt substitute provides a seasoning alternative for manufacturers looking to reduce sodium, while also maintaining flavor by using salts, like potassium chloride, to imitate salt (sodium chloride) in food products, which in turn boosting the market studied.

asia pacific sodium reduction ingredients market

APAC Sodium Reduction Ingredient Industry Overview

The key players in this market have been involved in the process of developing a range of customized solutions to target the specific needs of the food manufacturers and consumer health. Thus, the sodium reduction ingredients market has been gaining more global presence and acceptance among authorities. Some of the major key players in the sodium reduction ingredients market in Asia-Pacific include Biospringer, Tate & Lyle Plc, DSM, Sensient Technologies Corp among others.

APAC Sodium Reduction Ingredient Market Leaders

  1. Givaudan SA

  2. Tate & Lyle Plc

  3. Kerry Group Plc

  4. Corbion

*Disclaimer: Major Players sorted in no particular order

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APAC Sodium Reduction Ingredient Market Report - Table of Contents

1. INTRODUCTION

  • 1.1 Study Deliverables
  • 1.2 Study Assumptions
  • 1.3 Scope of the Study

2. RESEARCH METHODOLOGY

3. EXECUTIVE SUMMARY

4. MARKET DYNAMICS

  • 4.1 Market Drivers
  • 4.2 Market Restraints
  • 4.3 Porter's Five Forces Analysis
    • 4.3.1 Threat of New Entrants
    • 4.3.2 Bargaining Power of Buyers/Consumers
    • 4.3.3 Bargaining Power of Suppliers
    • 4.3.4 Threat of Substitute Products
    • 4.3.5 Intensity of Competitive Rivalry

5. MARKET SEGMENTATION

  • 5.1 By Product Type
    • 5.1.1 Amino Acids & Glutamates
    • 5.1.2 Mineral Salts
    • 5.1.3 Yeast Extracts
    • 5.1.4 Others
  • 5.2 By Application
    • 5.2.1 Bakery & Confectionery
    • 5.2.2 Condiments, Seasonings & Sauces
    • 5.2.3 Dairy & Frozen Foods
    • 5.2.4 Meat & Seafood Products
    • 5.2.5 Snacks and Savoury Products
    • 5.2.6 Others
  • 5.3 By Geography
    • 5.3.1 China
    • 5.3.2 Japan
    • 5.3.3 India
    • 5.3.4 Australia
    • 5.3.5 Rest of Asia-Pacific

6. COMPETITIVE LANDSCAPE

  • 6.1 Most Active Companies
  • 6.2 Most Adopted Strategies
  • 6.3 Market Share Analysis
  • 6.4 Company Profiles
    • 6.4.1 Biospringer
    • 6.4.2 Tate & Lyle Plc
    • 6.4.3 DSM
    • 6.4.4 Givaudan SA
    • 6.4.5 Sensient Technologies Corp
    • 6.4.6 Kerry Group Plc
    • 6.4.7 Corbion
  • *List Not Exhaustive

7. MARKET OPPORTUNITIES AND FUTURE TRENDS

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APAC Sodium Reduction Ingredient Industry Segmentation

Asia-Pacific sodium reduction ingredients market is segmented by product type, application, and geography. On the basis of product type, the market is segmented into amino acids & glutamates, mineral salts, yeast extracts, and others. On the basis of application, the market is segmented into bakery & confectionery, condiments, seasonings & sauces, dairy & frozen foods, meat & meat products, snacks, others. Based on geography, the report provide a regional analysis, which includes China, Japan, India, Australia, and rest of Asia-Pacific.

By Product Type Amino Acids & Glutamates
Mineral Salts
Yeast Extracts
Others
By Application Bakery & Confectionery
Condiments, Seasonings & Sauces
Dairy & Frozen Foods
Meat & Seafood Products
Snacks and Savoury Products
Others
By Geography China
Japan
India
Australia
Rest of Asia-Pacific
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APAC Sodium Reduction Ingredient Market Research FAQs

The Asia-Pacific Sodium Reduction Ingredient Market is projected to register a CAGR of 7.28% during the forecast period (2024-2029)

Givaudan SA, Tate & Lyle Plc, Kerry Group Plc and Corbion are the major companies operating in the Asia-Pacific Sodium Reduction Ingredient Market.

The report covers the Asia-Pacific Sodium Reduction Ingredient Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Asia-Pacific Sodium Reduction Ingredient Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.

Asia-Pacific Sodium Reduction Ingredient Industry Report

Statistics for the 2024 Asia-Pacific Sodium Reduction Ingredient market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Asia-Pacific Sodium Reduction Ingredient analysis includes a market forecast outlook to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.

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Asia-Pacific Sodium Reduction Ingredient Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)