Salt Substitutes Market, By Product Type, By Application, and By Region - Size, Share, Outlook, and Opportunity Analysis, 2022 - 2030

PUBLISHED: January 16, 2023

PAGES: 240 Pages

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Description

Salt substitutes are low sodium substitutes that have been developed to tackle the increasing risk of cardiovascular diseases and high blood pressure. Increasing health awareness regarding disorders resulting from high consumption of sodium chloride is driving demand for these products. The trend of low sodium diet is gaining significant traction, owing to which consumption of these products is expected to increase rapidly over the forecast period.

Market Dynamics

Increasing processed food consumption has increased the demand for salt substitutes in savory snacks. Manufacturers are using salt substitutes instead of salt and marketing these ingredients for better market positioning. Most manufacturers are adopting yeast extract and hydrolyzed vegetable protein in various processed food items.

As the body needs sodium to function properly, it is important to avoid excessive amounts, as consumption of excess sodium is associated with high blood pressure. According to the U.S. Food and Drug Administration (FDA) in 2020, the average American consumes roughly 3,400 milligram (mg) of sodium daily, nearly 50% higher than the recommended minimum of 2,300 mg. High salt consumption leads the body to retain fluid, making it more difficult for the heart to pump blood throughout the body, resulting in high blood pressure, which can lead to heart disease, strokes, and even kidney damage.

As a result, there has been a significant increase in the demand for salt substitutes to prevent health risks. According to the American Heart Association in 2021, lowering Americans' intake to the recommended level might avoid 450,000 cases in U.S. of cardiovascular disease and save US$ 40 billion in healthcare costs over the next 20 years. In turn, salt substitute market growth in the forecast period is expected to be driven by the health benefits of salt substitutes and increased awareness among target consumers.

Key features of the stdy:

This report provides in-depth analysis of global salt substitutes market, and provides market size (US$ Billion) and compound annual growth rate (CAGR %) for the forecast period (2022-2030), considering 2021 as the base year.
It elucidates potential revenue opportunity across different segments and explains attractive investment proposition matrix for this market.
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, regional outlook, and competitive strategies adopted by key players
It profiles key players in the global salt substitutes market based on the following parameters - company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments and strategies, and future plans
Key companies covered as a part of this study are Cargill Inc., Nu-Tek Food Sciences LLC, Koninklijke DSM NV, Montana Indusrie Holding AG, Angel Yeast Co. Ltd., Tate & Lyle PLC, and Innophos Holding Inc.
Insights from this report would allow marketers and management authorities of companies to make informed decision regarding future products launches, technology up gradation, market expansion, and marketing tactics
The global salt substitutes market report caters to various stakeholders in this industry including investors, suppliers, salt substitutes manufacturers, distributors, new entrants, and financial analysts
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global salt substitutes market

Detailed Segmentation:

Global Salt Substitutes Market, By Product
- Mineral Salts
- Amino Acids
- Yeast Extracts
- Hydrolyzed Vegetable Protein
- Others
Global Salt Substitutes Market, By Application:
- Dairy and Frozen Foods
- Bakery and Confectionery
- Sauce, Seasoning and Snacks
- Fresh Meat Products
- Others
Global Salt Substitutes Market, By Region:
- North America
  - U.S.
  - Canada
- Europe
  - U.K.
  - Germany
  - Italy
  - France
  - Spain
  - Russia
  - Rest of Europe
- Latin America
  - Brazil
  - Argentina
  - Mexico
  - Rest of Latin America
- Asia Pacific
  - China
  - India
  - Japan
  - ASEAN
  - South Korea
  - Australia
  - Rest of Asia Pacific
- Middle East & Africa
  - Middle East
  - Africa
Company Profile
- Cargill Inc. *
  - Company Overview
  - Product Portfolio
  - Financial Performance
  - Key Strategies
  - Recent Developments
  - Future Plans
- Nu-Tek Food Science LLC
- Koninklijke DSM N.V.
- Montana Industrie Holding A.G.
- Angel Yeast Co. Ltd.
- Tate and Lyle Plc
- Innophos Holdings Inc

"*" marked represents similar segmentation in other categories in the respective section

Product Code: CMI1430

1. Research Objectives and Assumptions

Research Objectives
Assumptions
Abbreviations

2. Market Purview

Report Description
- Market Definition and Scope
Executive Summary
- Market Snippet, By Product
- Market Snippet, By Application
- Market Snippet, By Region
Coherent Opportunity Map (COM)

3. Market Dynamics, Regulations, and Trends Analysis

Market Dynamics
- Drivers
- Restraints
- PEST Analysis
- PORTER's Five Forces Analysis
- Market Opportunities
- Regulatory Scenario
- Key Developments
- Industry Trend

4. Global Salt Substitutes Market - Impact of Coronavirus (COVID-19) Pandemic

Overview
Factors Affecting Global Salt Substitutes Market - COVID-19
Impact Analysis

5. Global Salt Substitutes Market, By Product, 2017-2030 (US$ Billion)

Introduction
- Market Share Analysis, 2022, 2025, and 2030 (%)
- Y-o-Y Growth Analysis, 2017 - 2030
- Segment Trends
Mineral Salts
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017 - 2030, (US$ Billion)
Amino Acids
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017 - 2030, (US$ Billion)
Yeast Extracts
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017 - 2030, (US$ Billion)
Hydrolyzed Vegetable Protein
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017 - 2030, (US$ Billion)
Others
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017 - 2030, (US$ Billion)

6. Global Salt Substitutes Market, By Application, 2017-2030 (US$ Billion)

Introduction
- Market Share Analysis, 2022, 2025, and 2030 (%)
- Y-o-Y Growth Analysis, 2017 - 2030
- Segment Trends
Dairy and Frozen Foods
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017 - 2030, (US$ Billion)
Bakery and Confectionery
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017 - 2030, (US$ Billion)
Sauce, Seasoning and Snacks
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017 - 2030, (US$ Billion)
Fresh Meat Products
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017 - 2030, (US$ Billion)
Others
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017 - 2030, (US$ Billion)

7. Global Salt Substitutes Market, By Region, 2017-2030 (US$ Billion)

Introduction
- Market Share Analysis, By Region, 2022, 2025, and 2030 (%)
- Y-o-Y Growth Analysis, For Region, 2017 - 2030
North America
- Market Share Analysis, By Country, 2022, 2025 and 2030 (%)
- Y-o-Y Growth Analysis, By Country, 2017 - 2030
- Market Size and Forecast, By Product, 2017- 2030 (US$ Billion)
- Market Size and Forecast, By Application, 2017- 2030 (US$ Billion)
- Countries
U.S.
Canada
Latin America
- Market Share Analysis, By Country, 2022, 2025 and 2030 (%)
- Y-o-Y Growth Analysis, By Country, 2017 - 2030
- Market Size and Forecast, By Product, 2017- 2030 (US$ Billion)
- Market Size and Forecast, By Application, 2017- 2030 (US$ Billion)
- Countries
Brazil
Argentina
Mexico
Rest of Latin America
Europe
- Market Share Analysis, By Country, 2022, 2025 and 2030 (%)
- Y-o-Y Growth Analysis, By Country, 2017 - 2030
- Market Size and Forecast, By Product, 2017- 2030 (US$ Billion)
- Market Size and Forecast, By Application, 2017- 2030 (US$ Billion)
- Countries
France
Germany
Italy
Spain
U.K.
Russia
Rest of Europe
Asia Pacific
- Market Share Analysis, By Country, 2022, 2025 and 2030 (%)
- Y-o-Y Growth Analysis, By Country, 2017 - 2030
- Market Size and Forecast, By Product, 2017- 2030 (US$ Billion)
- Market Size and Forecast, By Application, 2017- 2030 (US$ Billion)
- Countries
China
India
Japan
ASEAN
Australia
South Korea
Rest of Asia Pacific
Middle East & Africa
- Market Share Analysis, By Country, 2022, 2025 and 2030 (%)
- Y-o-Y Growth Analysis, By Country, 2017 - 2030
- Market Size and Forecast, By Product, 2017- 2030 (US$ Billion)
- Market Size and Forecast, By Application, 2017- 2030 (US$ Billion)
- Countries
Middle East
Africa

8. Competitive Landscape

Heat Map Analysis
Market Share Analysis (3x3 Matrix)
Company Profiles
- Cargill Inc.
Company Overview
Product Portfolio
Recent Developments/Updates
- Nu-Tek Food Sciences LLC
Company Overview
Product Portfolio
Recent Developments/Updates
- Koninklijke DSM NV
Company Overview
Product Portfolio
Recent Developments/Updates
- Montana Industrie-Holding AG
Company Overview
Product Portfolio
Recent Developments/Updates
- Angel Yeast Co. Ltd.
Company Overview
Product Portfolio
Recent Developments/Updates
- Tate & Lyle PLC
Company Overview
Product Portfolio
Recent Developments/Updates
- Innophos Holdings Inc.
Company Overview
Product Portfolio
Recent Developments/Updates

9. Section

References
Research Methodology
About Us and Sales Contact
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