The Business Research Company’s Sodium Reduction Ingredients Global Market Report 2023 is the most detailed report available on the market, including broad forecast periods and multiple geographies. The report covers the historic period – 2010-2021, and the forecast period – 2023-2032. The Sodium Reduction Ingredients Global Market Report 2023 evaluates sodium reduction ingredients market size, growth rate, drivers, trends, and major companies.
The report provides a global perspective by covering 60 geographies and focusing on major economies in each region – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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The global sodium reduction ingredients 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 sodium reduction ingredients market is expected to grow to $1.88 billion in 2027 at a CAGR of 9.9%.
The sodium reduction ingredients market segments in the report are:
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
Top 5 Major Key Players Are:
Cargill Incorporated
Angel Yeast Company Limited
Kerry Group Public Limited Company
Givaudan Société Anonyme
Innophos Holdings Incorporated
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The table of contents in TBRC’s sodium reduction ingredients market report includes:
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List Of Tables:
Table 1: Global Historic Market Growth, 2017-2022, $ Billion
Table 2: Global Forecast Market Growth, 2022-2027F, 2032F, $ Billion
Table 3: Global Sodium Reduction Ingredients Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
Table 4: Global Sodium Reduction Ingredients Market, Segmentation By Mineral Blend, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
Table 5: Global Sodium Reduction Ingredients Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
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Table 46: Cargill Incorporated Financial Performance
Table 47: Angel Yeast Company Limited Financial Performance
Table 48: Kerry Group Public Limited Company Financial Performance
Table 49: Givaudan Société Anonyme Financial Performance
Table 50: Innophos Holdings Incorporated Financial Performance
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