The Salt Content Reduction Ingredients Global Market Report 2023, provides comprehensive information on the salt content 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 Salt Content Reduction Ingredients Global Market Report 2023, the global salt content reduction ingredients market size is expected to grow from $2.99 billion in 2022 to $3.28 billion in 2023 at a compound annual growth rate (CAGR) of 9.5%. 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 global salt content reduction ingredients market size is expected to reach $4.66 billion in 2027 at a CAGR of 9.2%.
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Product innovation is a key trend gaining popularity in the salt content reduction ingredients market. Companies operating in the salt content reduction ingredients market are innovating products to sustain their position in the market. For instance, in April 2022, Tata Chemicals Limited, an India-based chemical company, launched Tata Salt Superlite with 30 percent less sodium. Further, in May 2020, Phyto Corporation, a South Korea-based agri-food technology company, launched PhytoSalt, a plant-based salt with low sodium and free of microplastics. It is naturally low in sodium, allowing it to lower the sodium content of food goods by 20%, reduce blood pressure, and is entirely free of microplastics due to the salicornia plant cell membrane’s ability to filter out microplastics in seawater.
The salt content reduction ingredients market is segmented:
1) By Product Type: Yeast Extracts, Glutamates, High Nucleotide Ingredients, Hydrolyzed Vegetable Protein, Mineral Salts, Other Product Types
2) By Ingredient: Mineral Blends, Amino Acid, Yeast Extract, Other Ingredients
3) By Application: Dairy Products, Bakery Products, Fish Derivatives, Meat And Poultry, Beverages, Sauces And Seasonings, Other Applications
North America was the largest region in the salt content reduction ingredients market in 2022.
The table of contents in TBRC’s salt content reduction ingredients market report includes:
1. Executive Summary
2. Salt Content Reduction Ingredients Market Characteristics
3. Salt Content Reduction Ingredients Market Trends And Strategies
4. Salt Content Reduction Ingredients Market – Macro Economic Scenario
5. Salt Content Reduction Ingredients Market Size And Growth
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26. Africa Salt Content Reduction Ingredients Market
27. Salt Content Reduction Ingredients Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Salt Content Reduction Ingredients Market
29. Salt Content Reduction Ingredients Market Future Outlook and Potential Analysis
30. Appendix
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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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