Salt Substitute Market Growth, Trends And Forecast (2022 - 2027) By Types, By Application, By Regions and By Key Players - Cargill Inc, K+S Aktiengesellschaft, Alsiano, Givaudan SA

The global Salt Substitute Market size is projected to accrue voluminously by 2027 registering a phenomenal CAGR of 10.0% during the review period (2022 to 2027)

Salt Substitute Market Overview

Salt substitutes, also known as low sodium substitutes, are food ingredients that are used to exchange table salt. These salts are being developed to combat the increasing prevalence of chronic diseases such as diabetes and obesity, as well as high blood pressure and cardiovascular disease. Growing urbanization and sedentary lifestyle have resulted in increased salt intake among consumers. This has resulted in high prevalence of obesity across all age groups. According to World Health Organization (WHO), in 2020, around 39% of adults across the globe were overweight. Furthermore, in the same year around 41 million children below age of 5 were found to be overweight. Overindulgence in food and beverage products that are high in sugar and salt content is main cause of disease progression. High consumption of salt is associated with the onset of lifestyle diseases. For instance, consumption of food products with high level of sodium results into high blood pressure. Growing awareness among population regarding food ingredients coupled with increasing concerns for preventive healthcare has led to consumers taking keen interest in the constituents of any food they consume. Increasing healthcare expenditure has urged consumer to adopt healthy diet, which is propelling demand for salt substitutes. Increasing processed food consumption, globally has led to higher demand for salt substitutes in savory snacks. Manufacturers are using salt substitutes instead of salt and marketing these ingredients for improved market positioning.

Industry News

Tate & Lyle will release the VANTAGE sweetener solution design tools in July 2020. It is a collection of new and innovative solution design tools, as well as an education programme, for creating salt-reduced food and drinks with low-calorie salt replacements

What are the major Applications, Types and Regions for Salt Substitute Market?

By Type, it is segmented into

• Mineral Salts


• Amino Acids


• Yeast Extracts


• Hydrolyzed Vegetable Protein


• Others

By Applications it is segmented into

• Bakery & Confectionery


• Snacks


• Meat & Poultry


• Beverages


• Soups, Salads, Sauces & Dressings


• Others

Salt Substitute Market Regional Analysis

Asia Pacific witnessed a staggering increase in lifestyle diseases. Replacing salt by substitutes such as potassium chloride, amino acids, and hydrolyzed vegetable protein will significantly reduce the adverse effects associated with overconsumption of sodium. The World Health Organization (WHO), Food and Agricultural Organization (FAO), and many other organizations have advocated for reduction and/or substitution of sodium in food. Market players across the globe including North America and Europe are currently focusing on new product development and improving product quality of already existing product portfolio.

North America

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  • US
  
  
  • Canada
  
  
  
  


• Europe
  
  
  
  • Germany
  
  
  • France
  
  
  • UK
  
  
  • Italy
  
  
  • Spain
  
  
  • Rest of Europe
  
  
  
  


• Asia-Pacific
  
  
  
  • China
  
  
  • Japan
  
  
  • India
  
  
  • Australia
  
  
  • South Korea
  
  
  • Rest of Asia-Pacific
  
  
  
  


• Rest of the World
  
  
  
  • Middle East & Africa
  
  
  • Latin America
  
  
  
  

The Salt Substitute Market describes the factors driving the global growth opportunities in upcoming years and highlights market channels. In addition, the report analyzes market size and share, trends, by geographic region, end-use type and segment. It focuses extensively on revealing a detailed regional analysis. The Global Salt Substitute Market report also conducted a PESTEL analysis of the industry to study the main influencing factors and entry barriers of the industry.

What is our Salt Substitute Market Report Scope?

Key Takeaways from this Salt Substitute Report

• Evaluate Salt Substitute market potential through analyzing growth rates (CAGR %), Volume (Units) and Value ($M) data given at country level - for product types, end use applications and by different industry verticals.


• Understand the different dynamics influencing the market - growth driving factors, specific challenges and hidden opportunities.


• Get in-depth insights on your competitor performance – revenue, shares, business strategies, financial benchmarking, product benchmarking, SWOT analysis and more.


• Analyze the sales and distribution channels across geographies to enhance top-line revenues.


• Understand the demanding supply chain with a deep dive on the value augmentation at each, in order to optimize value and bring efficiencies in your processes.


• Get a quick outlook on the Salt Substitute market entropy - M&A's, deals, partnerships, product launches of all key players for the past 4 years.


• Evaluate the import-export statistics, supply-demand and competitive landscape for more than top 20 countries globally for the market.

FAQ -

What is the study period of this market?

The Salt Substitute Market is studied from 2017 - 2027.

 What is the growth rate of Salt Substitute Market?

The Salt Substitute Market is growing at a CAGR of 10.0% over the next 5 years.

What regions does this Salt Substitute Market report covers?

North America (the United States, Canada, and Mexico)

Europe (Germany, France, UK, Russia, and Italy)

Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)

South America (Brazil, Argentina, Colombia, etc.)

The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)

All our reports are custom made to your company needs to a certain extent, we do provide 5 free consulting hours along with purchase of each report, and this will allow you to request any additional data to customize the report as your needs.