The Sodium Reduction Ingredients Global Market Report 2023, provides comprehensive information on the sodium reduction ingredients market across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032.
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As per The Business Research Company’s Sodium Reduction Ingredients Global Market Report 2023, the market is expected to grow from $1.16 billion in 2022 to $1.29 billion in 2023 at a compound annual growth rate (CAGR) of 10.5%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of the sodium reduction ingredients market is expected to grow to $1.88 billion in 2027 at a CAGR of 9.9%.
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The sodium reduction ingredients market is segmented:
1) By Type: Mineral blend, Amino Acid, Yeast extracts, Other Types
2) By Mineral Blend: Potassium sulphate, Magnesium sulphate, Calcium chloride, Potassium lactate, Potassium chloride
3) By Application: Bakery and Confectionery, Dairy and frozen foods, Meat products, Sauces, Snacks
North America was the largest region in the sodium reduction ingredients market in 2022.
The table of contents in TBRC’s sodium reduction ingredients market report includes:
- Executive Summary
- Sodium Reduction Ingredients Market Characteristics
- Sodium Reduction Ingredients Market Trends And Strategies
- Sodium Reduction Ingredients Market – Macro Economic Scenario
- Sodium Reduction Ingredients Market Size And Growth
- Sodium Reduction Ingredients Market Segmentation
- Sodium Reduction Ingredients Market Regional And Country Analysis
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- Sodium Reduction Ingredients Market Competitive Landscape And Company Profiles
- Key Mergers And Acquisitions In The Sodium Reduction Ingredients Market
- Sodium Reduction Ingredients Market Future Outlook and Potential Analysis
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The Business Research Company is a market intelligence firm that pioneers in market, company, and consumer research. TBRC’s specialist consultants are located globally and are experts in a wide range of industries that include healthcare, manufacturing, financial services, chemicals, and technology. The firm has offices located in the UK, the US, and India, along with a network of proficient researchers in 28 countries. Through the report businesses can gain a thorough understanding of the market’s size, growth rate, major drivers and leading players.
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