The Global Salt Content Reduction Ingredients Market accounted for USD 905.6 million in 2017 and is projected to grow at a CAGR of 11.5% during the forecast period of 2018 to 2025. The upcoming market report contains data for historic years 2015, 2016, the base year of calculation is 2017 and the forecast period is 2018 to 2025.
Definition: Salt Content Reduction Ingredients Market
Salt content reduction ingredients are used for the reduction of excess salt from the products. The demand for these ingredients rose due to increase problem due to excess salt. There is a growing demand for salt content reduction ingredients in dairy products, bakery products, fish derivatives, meat and poultry, beverages and sauces & seasonings activates, which is expected to be one of the major drivers of the market over the next seven years.
Global Salt Content Reduction Ingredients Market, By Type (Yeast Extracts, Glutamates, High Nucleotide Ingredients, Hydrolysed Vegetable Proteins (HVP), Mineral Salts, Others) By Application (Dairy Products, Bakery Products, Fish Derivatives, Meat and Poultry, Beverages, Sauces and Seasonings, Others) Industry Trends and Forecast to 2025
Major Market Drivers: Salt Content Reduction Ingredients Market
Government intervention and awareness Increasing awareness among consumers about the ill-effects of excessive sodium intake Rise in demand for processed foods and improved efforts by food manufacturers Government initiatives
Market Restraint: Salt Content Reduction Ingredients Market
High ingredient cost
Market Segmentation: Salt Content Reduction Ingredients Market
The Salt Content Reduction Ingredients Market is segmented on the basis of type into yeast extracts, glutamates, high nucleotide ingredients, hydrolysed vegetable proteins (HVP), mineral salts and others.
On the basis of application, the market is segmented into dairy products, bakery products, fish derivatives, meat and poultry, beverages, sauces and seasonings and others.
On the basis of geography, the salt content reduction ingredients market report covers data points for 28 countries across multiple geographies such as North America, South America, Europe, Asia-Pacific and Middle East & Africa. Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa, and Brazil among others.
Competitive Landscape
The global salt content reduction ingredients market is fragmented with the presence of a large number of players across different regions. These major players have adopted various organic as well as inorganic growth strategies such as mergers & acquisitions, new product launches, expansions, agreements, joint ventures, partnerships, and others to strengthen their position in this market.
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