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Sodium Reduction Ingredients Market - New Revenue Pockets
Sodium reduction ingredients either reduce the salt content in the food products or replace it. Due to the rising awareness regarding the ill effects of excessive sodium intake, with the help of government interventions and multi-sector efforts by various organizations and manufacturers, this market is growing. The key companies, by introducing new products and increasing their production, meet the increasing demand for sodium reduction ingredients. They also invest in R&D to introduce new and improved products that have nutritive and multifunctinal characteristics.
The sodium reduction ingredients market is fragmented and competitive. The leading companies are involved in new product launches and expansion of new facilities. The increasing demand for various sodium reduction ingredients in developing countries has led the companies to adopt new product launches as their most preferred strategic approach.
The key companies continually invest in R&D programs to develop new blends with different functions to satisfy needs of the food and beverage manufacturers. Kerry Group PLC (Ireland) dominates the sodium reduction ingredients market with share of 21.53%, followed by Novozymes (Denmark).
Sodium Reduction Ingredients Market by Types (Amino Acids, Mineral Salts, and Yeast Extracts), Applications (Dairy, Bakery & Confectionary, Meat Products, and Sauces, Seasonings & Snacks) & Geography - Global Trends & Forecasts to 2019
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