Market Size of United States Sodium Reduction Ingredient Industry
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Historical Data Period | 2019 - 2022 |
| CAGR | 6.21 % |
| Market Concentration | Low |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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US Sodium Reduction Ingredient Market Analysis
United States Sodium Reduction Ingredient Market is projected to grow at a CAGR of 6.21% during the forecast period (2020 - 2025).
- The rising awareness among consumers on the ill effects of excessive sodium intake is one of the key driving factors for market growth.
- Also, governmental initiatives undertaken to increase consumer awareness towards the benefits of sodium reducing ingredients is expected to boost the overall market in the region.
- The passing of government regulations is directing the food manufacturers to reduce sodium content in packaged food products and resulting in the usage of SRIs in bakery and snacks end-user applications.
US Sodium Reduction Ingredient Industry Segmentation
The United States sodium reduction ingredients market is segmented by product type and application. Based on product type, the market is segmented into amino acids and glutamates, mineral salts, yeast extracts, and others. Based on the application, the market is segmented into bakery and confectionery, condiments, seasonings and sauces, dairy and frozen foods, meat and meat products, snacks, and others.
| By Product Type | |
| Amino Acids and Glutamates | |
| Mineral Salts | |
| Yeast Extract | |
| Others |
| By Application | |
| Bakery and Confectionery | |
| Condiments, Seasonings and Sauces | |
| Dairy and Frozen Foods | |
| Meat and Meat Products | |
| Snacks | |
| Others |
United States Sodium Reduction Ingredient Market Size Summary
The United States sodium reduction ingredient market is experiencing growth driven by increasing consumer awareness of the negative health impacts associated with excessive sodium intake. This heightened awareness is further supported by governmental initiatives aimed at educating the public on the benefits of reducing sodium consumption. Regulatory measures are compelling food manufacturers to lower sodium levels in packaged foods, thereby increasing the demand for sodium reduction ingredients in various applications such as bakery and snacks. The trend towards healthier food choices is also contributing to market expansion, as consumers seek alternatives that align with their health-conscious lifestyles.
In this evolving market landscape, yeast extracts have emerged as a popular sodium reduction ingredient due to their ability to enhance flavor profiles without compromising the texture of food products. These natural additives are particularly valued for their savory and umami tastes, making them suitable for a wide range of food items, including soups, snacks, meat, bakery, and dairy products. The market is characterized by fragmentation, with key players like Cargill, DSM, Innophos Holding Inc, Jungbunzlauer AG, and Kerry Group actively engaging in strategies such as mergers, acquisitions, and new product development to strengthen their market positions. These companies are leveraging the growing demand for sodium reduction solutions to gain a competitive edge in the industry.
United States Sodium Reduction Ingredient Market Size - Table of Contents
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1. MARKET DYNAMICS
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1.1 Market Drivers
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1.2 Market Restraints
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1.3 Porter's Five Forces Analysis
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1.3.1 Threat of New Entrants
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1.3.2 Bargaining Power of Buyers/Consumers
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1.3.3 Bargaining Power of Suppliers
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1.3.4 Threat of Substitute Products
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1.3.5 Intensity of Competitive Rivalry
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2. MARKET SEGMENTATION
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2.1 By Product Type
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2.1.1 Amino Acids and Glutamates
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2.1.2 Mineral Salts
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2.1.3 Yeast Extract
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2.1.4 Others
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2.2 By Application
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2.2.1 Bakery and Confectionery
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2.2.2 Condiments, Seasonings and Sauces
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2.2.3 Dairy and Frozen Foods
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2.2.4 Meat and Meat Products
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2.2.5 Snacks
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2.2.6 Others
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United States Sodium Reduction Ingredient Market Size FAQs
What is the current United States Sodium Reduction Ingredient Market size?
The United States Sodium Reduction Ingredient Market is projected to register a CAGR of 6.21% during the forecast period (2024-2029)
Who are the key players in United States Sodium Reduction Ingredient Market?
Cargill, Incorporated, Koninklijke DSM N.V., Innophos Holding Inc, Jungbunzlauer AG and Kerry Group are the major companies operating in the United States Sodium Reduction Ingredient Market.
