Europe Sodium Reduction Ingredients Market Trends, Share, Revenue, Demand and Future Outlook
Europe Sodium Reduction Ingredients Market Growth, Size, Trends Analysis- By Type, By Distribution Channel- Regional Outlook, Competitive Strategies and Segment Forecast to 2033
| Published: Oct-2024 | Report ID: CHEM24106 | Pages: 1 - 152 | Formats*: |
| Category : Chemical & Materials | |||
Europe Sodium Reduction Ingredients Market Introduction and Overview
According to SPER Market Research, the Europe Sodium Reduction Ingredients Market is estimated to reach USD XX billion by 2033 with a CAGR 6.57%.
The report includes an in-depth analysis of the Europe Sodium Reduction Ingredients Market, including market size and trends, product mix, distribution channels, and supplier analysis. Foods that contain too much salt can be partially or completely reduced by using sodium reduction additives. Overconsumption of salt has been shown to raise blood pressure, which in turn can cause disorders of the kidneys, heart, and other organs. The body needs 2,300 mg of sodium daily on average to function properly. Ingredients that lower sodium levels are crucial to the food additive sector. Blood pressure rises, bone density is impacted, osteoporosis develops, and renal function is impacted.
Market Opportunities and Challenges
Opportunities: The region's need for these products is probably going to increase quickly because nations like the UK and Germany, which have a sizable population of hypertensive people who have been advised to reduce or stop their sodium intake, will play a key role in driving the growth of SRI. Demand for SRI is being driven by several factors, such as the increased focus on healthy nutrition, expanding awareness of the harmful consequences of excessive salt consumption, enhanced taste, and rising demand for processed goods. Furthermore, The European market for sodium reduction components is being driven by the growing demand for nutritious, healthful foods brought on by consumers' growing knowledge of the negative effects of consuming too much salt. Growing knowledge of the negative health implications of consuming too much sodium is anticipated to remain a major driver of the European market's expansion. As consumers in the surrounding countries' need for processed foods rises, so too is the demand for additives that lower sodium levels.
Challenges: The market for salt reduction ingredients in Europe is predicted to grow more slowly overall due to limited customers' commitment to food flavor. In comparison to freshly prepared or handcrafted goods, processed and quick foods typically have higher salt contents. A person's health is seriously impacted by consuming large amounts of sodium since it damages the kidneys and heart. It affects kidney function, induces osteoporosis, raises blood pressure, and changes bone density. A tendency towards reduced salt intake has been sparked by rising consumer knowledge of these harmful effects.
Market Competitive Landscape
The market for sodium reduction ingredients in Europe is very fragmented and competitive. Cargill, Bunge, Royal DSM, and Kerry Group are a few of the manufacturers. In response to growing consumer demand for lower-sodium food options, Cargill established its first food-grade potassium chloride operating unit in January 2018.
Scope of the Report:
| Report Metric | Details |
| Market size available for years | 2020-2033 |
| Base year considered | 2023 |
| Forecast period | 2024-2033 |
| Segments covered | By Product Type, By Application |
| Regions covered | France, Germany, Italy, Spain, United Kingdom, Rest of Europe |
| Companies Covered | Archer Daniels Midland Company, Bunge Ltd, Cargill Inc, Kerry Group, Novozymes A/S, Royal DSM NV, Salt of the Earth Ltd, and Tate & Lyle Plc, along with various others. |
COVID-19 Impact on Europe Sodium Reduction Ingredients Market
The market for salt reduction components in Europe was significantly impacted by the COVID-19 epidemic, which also changed business processes and customer expectations. The pandemic's increased health consciousness caused many customers to place a higher priority on eating healthier, which increased demand for low-sodium goods. Manufacturers changed course to improve their internet presence and direct-to-consumer sales channels when eateries and foodservice establishments faced closures or capacity constraints. Disruptions in the supply chain also brought attention to how crucial component sourcing is, which made businesses reconsider their procurement tactics.
Key Target Audience
- Adult Smokers
- Vapers
- Social Smokers
- Retailers
- Online Consumers
- Health-Conscious Individuals
- Trendsetters and Influencers
- Specialty Shops and Boutiques
Our in-depth analysis of the Europe Sodium Reduction Ingredients Market includes the following segments:
| By Product Type: | |
| By Application: | |
| By Region: |
Key Topics Covered in the Report
- Europe Sodium Reduction Ingredients Market Size (FY’2024-FY’2033)
- Overview of Europe Sodium Reduction Ingredients Market
- Segmentation of Europe Sodium Reduction Ingredients Market By Product Type (Amino Acids & Glutamates, Minerals Salts, Yeast Extracts, Others)
- Segmentation of Europe Sodium Reduction Ingredients Market By Application (Bakery & Confectionery, Condiments, Seasoning & Sauces, Dairy & Frozen Foods, Meat & Meat Products, Snacks)
- Expansion Analysis of Europe Sodium Reduction Ingredients Market
- Problems and Obstacles in Europe Sodium Reduction Ingredients Market
- Competitive Landscape in the Europe Sodium Reduction Ingredients Market
- Impact of COVID-19 and Demonetization on Europe Sodium Reduction Ingredients Market
- Details on Current Investment in Europe Sodium Reduction Ingredients Market
- Competitive Analysis of Europe Sodium Reduction Ingredients Market
- Prominent Players in the Europe Sodium Reduction Ingredients Market
- SWOT Analysis of Europe Sodium Reduction Ingredients Market
- Europe Sodium Reduction Ingredients Market Future Outlook and Projections (FY’2024-FY’2033)
- Recommendations from Analyst
1. Introduction
1.1. Scope of the report1.2. Market segment analysis
2. Research Methodology
2.1. Research data source
2.1.1. Secondary Data2.1.2. Primary Data2.1.3. SPER’s internal database2.1.4. Premium insight from KOL’s
2.2. Market size estimation
2.2.1. Top-down and Bottom-up approach
2.3. Data triangulation
3. Executive Summary
4. Market Dynamics
4.1. Driver, Restraint, Opportunity and Challenges analysis
4.1.1. Drivers4.1.2. Restraints4.1.3. Opportunities4.1.4. Challenges
4.2. COVID-19 Impacts of the Europe Sodium Reduction Ingredients Market
5. Market variable and outlook
5.1. SWOT Analysis
5.1.1. Strengths5.1.2. Weaknesses5.1.3. Opportunities5.1.4. Threats
5.2. PESTEL Analysis
5.2.1. Political Landscape5.2.2. Economic Landscape5.2.3. Social Landscape5.2.4. Technological Landscape5.2.5. Environmental Landscape5.2.6. Legal Landscape
5.3. PORTER’s Five Forces
5.3.1. Bargaining power of suppliers5.3.2. Bargaining power of buyers5.3.3. Threat of Substitute5.3.4. Threat of new entrant5.3.5. Competitive rivalry
5.4. Heat Map Analysis
6. Competitive Landscape
6.1. Europe Sodium Reduction Ingredients Market Manufacturing Base Distribution, Sales Area, Product Type6.2. Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in Europe Sodium Reduction Ingredients Market
7. Europe Sodium Reduction Ingredients Market, By Product Type (USD Million) 2020-2033
7.1. Europe Sodium Reduction Ingredients Market Size, Share and Forecast, By Product Type, 2020-20267.2. Europe Sodium Reduction Ingredients Market Size, Share and Forecast, By Product Type, 2027-20337.3. Amino Acids & Glutamates7.4. Minerals Salts
7.4.1. Potassium Chloride7.4.2. Magnesium Sulphate7.4.3. Potassium Lactate7.4.4. Calcium Chloride
7.5. Yeast Extracts7.6. Others
8. Europe Sodium Reduction Ingredients Market, By Application (USD Million) 2020-2033
8.1. Europe Sodium Reduction Ingredients Market Size, Share and Forecast, By Application, 2020-20268.2. Europe Sodium Reduction Ingredients Market Size, Share and Forecast, By Application, 2027-20338.3. Bakery & Confectionery8.4. Condiments, Seasoning & Sauces8.5. Dairy & Frozen Foods8.6. Meat & Meat Products8.7. Snacks
9. Europe Sodium Reduction Ingredients Market Forecast, 2020-2033 (USD Million)
9.1. Europe Sodium Reduction Ingredients Market Size and Market Share
10. Europe Sodium Reduction Ingredients Market, By Region, 2020-2033 (USD Million)
10.1. Europe Sodium Reduction Ingredients Market Size and Market Share By Region (2020-2026)10.2. Europe Sodium Reduction Ingredients Market Size and Market Share By Region (2027-2033)10.3. France10.4. Germany10.5. Italy10.6. Spain10.7. United Kingdom10.8. Rest of Europe
11. Company Profile
11.1. Archer Daniels Midland Company
11.1.1. Company details11.1.2. Financial outlook11.1.3. Product summary11.1.4. Recent developments
11.2. Bunge Ltd
11.2.1. Company details11.2.2. Financial outlook11.2.3. Product summary11.2.4. Recent developments
11.3. Cargill Inc
11.3.1. Company details11.3.2. Financial outlook11.3.3. Product summary11.3.4. Recent developments
11.4. Kerry Group
11.4.1. Company details11.4.2. Financial outlook11.4.3. Product summary11.4.4. Recent developments
11.5. Novozymes A/S
11.5.1. Company details11.5.2. Financial outlook11.5.3. Product summary11.5.4. Recent developments
11.6. Royal DSM NV
11.6.1. Company details11.6.2. Financial outlook11.6.3. Product summary11.6.4. Recent developments
11.7. Salt of the Earth Ltd
11.7.1. Company details11.7.2. Financial outlook11.7.3. Product summary11.7.4. Recent developments
11.8. Tate & Lyle Plc
11.8.1. Company details11.8.2. Financial outlook11.8.3. Product summary11.8.4. Recent developments
11.9. Others
12. Conclusion
13. Reference Links
14. List of Abbreviations
SPER Market Research’s methodology uses great emphasis on primary research to ensure that the market intelligence insights are up to date, reliable and accurate. Primary interviews are done with players involved in each phase of a supply chain to analyze the market forecasting. The secondary research method is used to help you fully understand how the future markets and the spending patterns look likes.
The report is based on in-depth qualitative and quantitative analysis of the Product Market. The quantitative analysis involves the application of various projection and sampling techniques. The qualitative analysis involves primary interviews, surveys, and vendor briefings. The data gathered as a result of these processes are validated through experts opinion. Our research methodology entails an ideal mixture of primary and secondary initiatives.
Frequently Asked Questions About This Report
Europe Sodium Reduction Ingredients Market is projected to reach USD XX billion by 2033, growing at a CAGR of 6.57% during the forecast period.
Europe Sodium Reduction Ingredients Market grew in Market size from 2022. The Market is expected to reach USD XX billion by 2033, at a CAGR of 6.57% during the forecast period.
Europe Sodium Reduction Ingredients Market CAGR of 6.57% during the forecast period.
You can get the sample pages by clicking the link - Click Here
Europe Sodium Reduction Ingredients Market size is USD XX billion from 2024 to 2033.
Europe Sodium Reduction Ingredients Market Segment is covered By Form, By End User.
The Europe is anticipated to have the highest Market share in the Europe Sodium Reduction Ingredients Market.
The key players in the Market include Companies Covered Archer Daniels Midland Company, Bunge Ltd, Cargill Inc, Kerry Group, Novozymes A/S, Royal DSM NV, Salt of the Earth Ltd, and Tate & Lyle Plc, along with various others.
Foods that contain too much salt can be partially or completely reduced by using sodium reduction additives.
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