Salt Substitute Market Size
| Study Period | 2019 - 2029 |
| Market Size (2024) | USD 1.30 Billion |
| Market Size (2029) | USD 1.79 Billion |
| CAGR (2024 - 2029) | 6.59 % |
| Fastest Growing Market | Asia Pacific |
| Largest Market | Asia Pacific |
Major Players.webp "Salt Substitutes Market Major Players"){kind=logo}
*Disclaimer: Major Players sorted in no particular order |
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Salt Substitute Market Analysis
The Salt Substitutes Market size is estimated at USD 1.30 billion in 2024, and is expected to reach USD 1.79 billion by 2029, growing at a CAGR of 6.59% during the forecast period (2024-2029).
The rising awareness of health risks linked to high salt intake fuels the demand for salt alternatives. Concurrently, busy lifestyles with high work pressures amplify health concerns, propelling the salt substitute market. Consumers are increasingly emphasizing sodium reduction in their diets. Notably, kosher salt substitutes garner attention primarily due to their perceived health benefits. Kosher salt not only aids in stomach acid production and facilitating digestion but also plays a vital role in maintaining electrolyte balance, which is crucial for blood cell and vessel health.
Beyond sodium reduction, salt substitutes are gaining favor for their nutritional profiles, especially as functional food additives. This versatility is driving their adoption in the food and beverage sector. For instance, according to the GRAS-approved usage, potassium chloride is a flavor enhancer, flavoring ingredient, nutrient supplement, pH control agent, and stabilizer or thickening in various foods and beverages. Moreover, the market landscape is vibrant, with global and regional players actively introducing new products and expanding their market footprint. For instance, in October 2022, Dutch start-up Fooditive rolled out LowSalt, a product it claims is twice as salty as traditional salt. Developed from a blend of potassium and sodium chloride, LowSalt is positioned as a versatile salt substitute for various B2B formulations.
Salt Substitute Market Trends
Rising Hypertension Rates Drive Demand for Salt Substitutes on a Global Scale
Health initiatives and changing consumer habits are responses to the surging prevalence of hypertension. While sodium is essential for health, overconsumption is directly linked to elevated blood pressure. Excessive salt intake prompts the body to retain fluid, straining the heart's ability to circulate blood efficiently, ultimately leading to conditions like heart disease, strokes, and kidney damage. Illustrating the gravity of the situation, a March 2023 World Health Organization report revealed that approximately 1.28 billion adults aged 30-79 are affected by hypertension, with nearly two-thirds concentrated in low- and middle-income countries. This heightened awareness has prompted consumers to cut back on salt actively.
Consequently, there has been a noticeable surge in the demand for salt substitutes, especially among food manufacturers keen on addressing these health concerns. Packaged and processed foods, like deli meats, pizzas, tacos, and chips, are dietary staples worldwide and are major contributors to salt intake. Hence, the necessity for salt substitutes in the food industry is evident. According to the NACS State of the Industry Report 2022, salty snacks lead the snack market, representing 4.6% of in-store sales, with an average monthly per-store sales figure of USD 8,972. This increasing consumer preference for lower sodium content in processed and restaurant foods propels the demand for salt substitutes across various food and beverage applications.
Asia-Pacific Witnessed a Significant Market Growth
China boasts a rich culinary tradition that heavily relies on salt. Approximately 80% of the salt consumed in China is directly added by consumers to their food. This practice has, however, resulted in alarmingly high rates of hypertension and strokes. WHO data from 2023 highlights that approximately 270 million Chinese grapple with hypertension, with a mere 13.8% managing to control it. Recognizing the urgency, reducing salt intake emerges as a pivotal, cost-effective strategy to combat rising blood pressure and curb the onset of hypertension.
While Japan is globally recognized for its life expectancy, it grapples with high salt consumption. On average, a Japanese individual consumes 10 grams of salt daily, double the WHO's recommended 5-gram limit, as reported by the World Action on Salt, Sugar, and Health (WASSH). Addressing this issue in Japan demands substantial shifts in government policies and consumer behavior.
Furthermore, in India, efforts to cut sodium intake are taking a regulatory route, with mandatory targets in place. Given the significant impact of excessive sodium on cardiovascular health, these measures are vital. To underscore the gravity, the World Economic Forum noted that India had already incurred over USD 2 trillion in losses due to cardiovascular diseases by 2023. In response, the Indian government has set an ambitious target: a 30% reduction in salt intake by 2025. Bolstering this goal, the Food Safety and Standards Authority of India (FSSAI) has initiated the 'Eat Right India' movement, aligning with the forecasted period. This movement aims to overhaul the food ecosystem, ensuring safe, nutritious, and sustainable diets for all.
Salt Substitute Industry Overview
The salt substitutes market is gaining momentum globally. Nonetheless, the market exhibits the strong presence of key players such as Cargill Inc., Tate & Lyle PLC, DSM-Firmenich, Kerry PLC, and Ajinomoto Co. Inc., among others. To retain their position within the market and gain an advantage over their competitors, these market players focus on product innovation, expansion, partnership, and sustainability. They are also involved in developing various customized solutions to target the specific needs of food manufacturers and consumer health. Moreover, some players are focusing on increasing production capacity to strengthen their competitive position and expand the availability of their products worldwide.
Salt Substitute Market Leaders
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Cargill Inc
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Ajinomoto Co Inc
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Kerry Group PLC
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DSM - Firmenich
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Tate & Lyle PLC
*Disclaimer: Major Players sorted in no particular order
Salt Substitute Market News
- June 2024: DSM-Firmenich partnered with Deloitte to bolster sustainable food systems. Integrating with Deloitte's drive for innovative climate and nature-friendly solutions, this collaboration leverages DSM-Firmenich's Sustell platform. This platform is designed to gauge the environmental footprint of large-scale animal protein production accurately.
- May 2024: Corbion expanded its partnership with IMCD, a worldwide distributor and formulator of specialty chemicals and ingredients, to encompass Corbion's offerings tailored for Thailand's Food and Beverage sector.
- April 2024: Kerry Group launched TasteSense Salt, a sodium reduction solution that delivers a salty and savory taste without adding sodium to products. The product is used in processed food products.
Salt Substitute Market Report - Table of Contents
1. INTRODUCTION
- 1.1 Study Assumptions and Market Definition
- 1.2 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS
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4.1 Market Drivers
- 4.1.1 Surge In Hypertension: A Catalyst For The Salt Substitute Market
- 4.1.2 Salt: A Key Ingredient In Convenience Food
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4.2 Market Restraints
- 4.2.1 Challenges And Opportunities In The Salt Substitute Market Amidst Rising Common Salt Production
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4.3 Porter's Five Force 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
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5.1 Type
- 5.1.1 Mineral Salts
- 5.1.2 Amino Acids
- 5.1.3 Yeast Extracts
- 5.1.4 Hydrolyzed Vegetable Protein
- 5.1.5 Other Types
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5.2 Application
- 5.2.1 Bakery and Confectionery
- 5.2.2 Snacks
- 5.2.3 Meat and Poultry
- 5.2.4 Beverages
- 5.2.5 Soups, Salads, Sauces, and Dressings
- 5.2.6 Other Applications
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5.3 Geography
- 5.3.1 North America
- 5.3.1.1 United States
- 5.3.1.2 Canada
- 5.3.1.3 Mexico
- 5.3.1.4 Rest of North America
- 5.3.2 Europe
- 5.3.2.1 United Kingdom
- 5.3.2.2 Germany
- 5.3.2.3 France
- 5.3.2.4 Russia
- 5.3.2.5 Italy
- 5.3.2.6 Spain
- 5.3.2.7 Rest of Europe
- 5.3.3 Asia-Pacific
- 5.3.3.1 India
- 5.3.3.2 China
- 5.3.3.3 Japan
- 5.3.3.4 Australia
- 5.3.3.5 Rest of Asia-Pacific
- 5.3.4 South America
- 5.3.4.1 Brazil
- 5.3.4.2 Argentina
- 5.3.4.3 Rest of South America
- 5.3.5 Middle East and Africa
- 5.3.5.1 South Africa
- 5.3.5.2 Saudi Arabia
- 5.3.5.3 Rest of Middle East and Africa
6. COMPETITIVE LANDSCAPE
- 6.1 Strategies Adopted by Leading Players
- 6.2 Market Share Analysis
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6.3 Company Profiles
- 6.3.1 Cargill Inc.
- 6.3.2 DSM - Firmenich
- 6.3.3 Givaudan SA
- 6.3.4 Corbion NV
- 6.3.5 Tate & Lyle PLC
- 6.3.6 Kerry Group PLC
- 6.3.7 Associated British Foods PLC
- 6.3.8 Lallemand Inc.
- 6.3.9 Angel Yeast Co. Ltd
- 6.3.10 Ajinomoto Co. Inc.
- *List Not Exhaustive
7. MARKET OPPORTUNITIES AND FUTURE TRENDS
Salt Substitute Industry Segmentation
Salt substitutes are low-sodium alternatives to edible salt intended to prevent high blood pressure and cardiovascular disease caused by high sodium chloride intake.
The global salt substitute market is segmented by type, application, and geography. The market is segmented based on type into mineral salts, amino acids, yeast extracts, hydrolyzed vegetable protein, and other types. Based on application, the market is segmented into bakery and confectionery, snacks, meat and poultry, beverages, soups, salads, sauces and dressings, and other applications. Also, the study analyzes the salt substitutes market in emerging and established markets across the world, including North America, Europe, Asia-Pacific, South America, and Middle East and Africa. The market sizing has been done in value terms in USD for all the abovementioned segments.
| Type | Mineral Salts | |
| Amino Acids | ||
| Yeast Extracts | ||
| Hydrolyzed Vegetable Protein | ||
| Other Types | ||
| Application | Bakery and Confectionery | |
| Snacks | ||
| Meat and Poultry | ||
| Beverages | ||
| Soups, Salads, Sauces, and Dressings | ||
| Other Applications | ||
| Geography | North America | United States |
| Canada | ||
| Mexico | ||
| Rest of North America | ||
| Geography | Europe | United Kingdom |
| Germany | ||
| France | ||
| Russia | ||
| Italy | ||
| Spain | ||
| Rest of Europe | ||
| Geography | Asia-Pacific | India |
| China | ||
| Japan | ||
| Australia | ||
| Rest of Asia-Pacific | ||
| Geography | South America | Brazil |
| Argentina | ||
| Rest of South America | ||
| Geography | Middle East and Africa | South Africa |
| Saudi Arabia | ||
| Rest of Middle East and Africa |
Salt Substitute Market Research FAQs
How big is the Salt Substitutes Market?
The Salt Substitutes Market size is expected to reach USD 1.30 billion in 2024 and grow at a CAGR of 6.59% to reach USD 1.79 billion by 2029.
What is the current Salt Substitutes Market size?
In 2024, the Salt Substitutes Market size is expected to reach USD 1.30 billion.
Who are the key players in Salt Substitutes Market?
Cargill Inc, Ajinomoto Co Inc, Kerry Group PLC, DSM - Firmenich and Tate & Lyle PLC are the major companies operating in the Salt Substitutes Market.
Which is the fastest growing region in Salt Substitutes Market?
Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029).
Which region has the biggest share in Salt Substitutes Market?
In 2024, the Asia Pacific accounts for the largest market share in Salt Substitutes Market.
What years does this Salt Substitutes Market cover, and what was the market size in 2023?
In 2023, the Salt Substitutes Market size was estimated at USD 1.21 billion. The report covers the Salt Substitutes Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Salt Substitutes Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
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