Asia Pacific Sodium Reduction Ingredients Market

Asia Pacific Sodium Reduction Ingredients Market Growth and Forecast (2023 - 2028):

The Asia Pacific Sodium Reduction Ingredients Market size has been estimated at USD 200 Million in 2022 and is projected to reach USD 360 Million by 2028, at a CAGR of 12.92% during the forecast period from 2023 to 2028.

Market Overview:

Sodium reduction ingredients are used to reduce the sodium content in the food products. Excessive intake of sodium leads to a number of adverse health effects, hypertension being foremost among them. These products are gaining importance as masking agents that remove bitterness and metallic after-taste in food products.

Drivers and Restraints:

The market for Sodium Reduction Ingredients in Asia Pacific region is mainly driven due to 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 processed foods. But, the market growth can be restrained due to restricted consumers compromise towards the taste of the food.

Asia Pacific Sodium Reduction Ingredients Market Segmentation Analysis:

Asia-Pacific market for Sodium Reduction Ingredients is segmented based on type and application By type, the market is further sub-segmented into Amino Acids, Mineral Salts, Yeast Extracts, others (hydrolyzed vegetable protein, trehalose, nucleotides). By application, the market is further sub-segmented into Dairy, Bakery & Confectionary, Meat Products, Sauces, Seasonings & Snacks, others.  The mineral salts segment accounts for the largest market share followed by the yeast extracts segment. Mineral salts and yeast extracts have been gaining significant growth for serving as an important component in food products due to the health benefits derived from them, without compromising on the flavor and taste. The demand for sodium reduction ingredients in the sauces, seasonings & snacks segment accounts for the largest share, while the bakery & confectionery segment is projected to be the fastest-growing.

Geographical Analysis:

Geographically, Asia-Pacific market for Sodium Reduction Ingredients is segmented into China, India, Japan, South Korea and Australia.  The Sodium Reduction Ingredients market in the Asia-Pacific region is projected to grow at the highest CAGR, which is greatly due to increasing consumer preference towards convenience, ready-to-eat meals and packed food in the region.

Key Players in the Market:

Major Key Players in the APAC Sodium Reduction Ingredients Market are

• Cargill, Incorporated
• Kerry Group Plc
• Royal DSM N.V
• Angel Yeast Co. Ltd
• E.I. du Pont de Nemours & Co
• Cambrian Solutions Inc
• Associated British Foods plc
• Givaudan SA, and Company
• Innophos Holdings, Inc
• Jungbunzlauer Suisse A.G
• Sensient Technologies Corporation
• Tate & Lyle PLC