Market Research Future (Food and Beverages) Sodium Reduction Ingredients Market Research Repor | Página 3

Global Sodium Reduction Ingredients Market Research Report- Forecast Till 2023 2 Market Overview Sodium reduction ingredients are used as a substitute for salt by many food processors. Increasing awareness about the problems associated with high intake of sodium is driving the growth of the market. Growing consumption of processed foods owing to change in lifestyle is one of the major factors driving the growth of the market. FDA is issuing voluntary targets for reducing sodium in commercially processed and prepared food both in the short- term and over the long-term, which is boosting the growth of the market. The key players are making continuous efforts to bring new solutions to the food industry, which is supporting the growth of the sodium reduction ingredients market. However, the high cost of the ingredients may hamper the market growth over the forecast period. Regional Analysis: The global sodium reduction ingredients market is segmented into North America, Europe, Asia Pacific and rest of the world (RoW). North America is dominating the market followed by Europe. Americans now consume on average about 3,400 milligrams (mg) of sodium each day, while federal guidelines recommend less than 2,300 mg for the general population. This has resulted in government intervention in making efforts for reduction of sodium in a wide range of foods. Europe is witnessed to be the fastest growing region for sodium reduction ingredients. The Asia Pacific and the Middle East are projected to have a moderate growth over the forecast period. Growing consumption of processed foods in India and China is likely driving the growth of the sodium reduction ingredients market in the Asia Pacific. Technological developments and new product launch by major players are boosting the growth of sodium reduction ingredients market in rest of the world. Page | 3 Copyright © 2017 Market Research Future.