Italy Sodium Reduction Ingredients Market Size
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Historical Data Period | 2019 - 2022 |
| CAGR | 3.78 % |
| Market Concentration | Medium |
Major Players
*Disclaimer: Major Players sorted in no particular order |
Need a report that reflects how COVID-19 has impacted this market and its growth?
Italy Sodium Reduction Ingredients Market Analysis
Italy Sodium Reduction Ingredients Market is projected to reach a CAGR of 3.78% during the forecast period 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.
- Mineral salts dominate the market due to factors, like, wide availability, high functional benefits, and moderate price, compared to other ingredients.
Italy Sodium Reduction Ingredients Market Trends
This section covers the major market trends shaping the Italy Sodium Reduction Ingredients Market according to our research experts:
Increasing Demand of Low-Sodium Table Salt is Likely to Fuel the Market Growth
Low-sodium foods have become an important part of consumer habits in the country. The educated population of the country is much more emphasizing on the use of health-conserving products due to their transforming lifestyles. The patients of acute hypertension in Italy are increasingly opting for food and beverage products that claim to be low in sodium content and Moreover, the use of table salt that has less of the sodium component is being encouraged in the country to reduce the chances of electrolyte imbalance condition among the locals.
Bakery Holds a Prominent Share
The growing demand for bakery products in Italy is expected to increase, assisted by the growth 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. Some of the major factors driving demand for SRI include the greater emphasis on health nutrition, the growing knowledge with regard to the detrimental effects of excessive intake of salt, improvement in taste, and increased demand for bakery products.
Italy Sodium Reduction Ingredients 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 Italy include Leiber GmbH, Givaudan, Biospringer, Sensient Technologies Corp, Tate & Lyle Plc, Corbion, among others.
Italy Sodium Reduction Ingredients Market Leaders
-
Givaudan
-
Tate & Lyle Plc
-
Kerry Group Plc
-
Corbion N.V
*Disclaimer: Major Players sorted in no particular order
Italy Sodium Reduction Ingredients Market Report - Table of Contents
1. INTRODUCTION
- 1.1 Study Deliverables and Study Assumptions
- 1.2 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
6. COMPETITIVE LANDSCAPE
- 6.1 Most Adopted Strategies
- 6.2 Market Position Analysis
-
6.3 Company Profiles
- 6.3.1 Givaudan
- 6.3.2 Kerry Group Plc
- 6.3.3 Tate & Lyle Plc
- 6.3.4 Sensient Technologies Corp
- 6.3.5 Corbion N.V.
- 6.3.6 Biospringer
- 6.3.7 Leiber GmbH
- *List Not Exhaustive
7. MARKET OPPORTUNITIES AND FUTURE TRENDS
Italy Sodium Reduction Ingredients Industry Segmentation
Italy Sodium Reduction Ingredients Market is segmented by product type and application. 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.
| 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 |
Italy Sodium Reduction Ingredients Market Research FAQs
What is the current Italy Sodium Reduction Ingredients Market size?
The Italy Sodium Reduction Ingredients Market is projected to register a CAGR of 3.78% during the forecast period (2024-2029)
Who are the key players in Italy Sodium Reduction Ingredients Market?
Givaudan, Tate & Lyle Plc, Kerry Group Plc and Corbion N.V are the major companies operating in the Italy Sodium Reduction Ingredients Market.
What years does this Italy Sodium Reduction Ingredients Market cover?
The report covers the Italy Sodium Reduction Ingredients Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Italy Sodium Reduction Ingredients Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
Italy Sodium Reduction Ingredients Industry Report
Statistics for the 2024 Italy Sodium Reduction Ingredients market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Italy Sodium Reduction Ingredients analysis includes a market forecast outlook to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.
