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Sodium Reduction Ingredients Market Trend | Size, Value Demand and Forecast to 2024

iCrowdNewswire   Jan 15, 2021  10:59 AM ET

Market Overview

Sodium Reduction Ingredients Market share is escalated by growing demand for them in various industries such as Bakery & Confectionery, Dairy & Frozen Foods, Sauces & Seasonings, Snacks, Meat Products and others. Growing working population and increasing consumption of processed foods are driving the growth of the global sodium reduction ingredients market. The U.S. and U.K are witnessed to be the major consumers of processed foods and are highly contributing to the growth of the sodium reduction ingredients market.

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Leading Key Players

Some of the key players profiled in the Global Sodium Reduction Ingredients Market are DuPont Nutrition & Health (Denmark), Archer Daniels Midland Company (U.S.), Kerry Group PLC (Ireland), Cargill Incorporated (U.S.), Tate & Lyle plc (U.K), AJINOMOTO (Japan), CELANESE CORPORATION (U.S.)

Segment

The global sodium reduction ingredients market is segmented into ingredients and application.

Based on the application, the Global Sodium Reduction Ingredients Market is segmented into Bakery And Confectionery, Sauces and Seasonings, Snacks, Dairy and Frozen Foods, Meat Products and others. Among all, the sauces and seasonings segment is dominating the market followed by bakery segment. Increasing consumption of pizza, sandwiches, bread, and rolls is driving the growth of bakery segment in sodium reduction ingredients market.

Regional Analysis

Sodium Reduction Ingredients Market is segmented into Europe, North America, Asia Pacific and rest of the world (RoW). North America is dominating the market followed by Europe. In North America owing to the busy work schedule, the majority of the population prefer wraps, rolls, and pocket sandwiches, which is driving the growth of the sodium reduction ingredients in this region.

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NOTE: Our Team of Researchers are Studying Covid19 and its Impact on Various Industry Verticals and wherever required we will be considering Covid19 Footprints for Better Analysis of Market and Industries. Cordially get in Touch for More Details.

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