The Africa Sodium Reduction Ingredient Market research report provides detailed observation of several aspects, including the rate of growth, regional scope and technological developments by the primary market players. The report offers Porter’s Five Forces, PESTEL, and market analysis to provide a 360-degree research study on the Africa Sodium Reduction Ingredient market. The research study discusses about important market strategies, future plans, market share growth, and product portfolios of leading companies. The final report copy provides the impact analysis of novel COVID-19 pandemic on the Africa Sodium Reduction Ingredient market as well as fluctuations during the forecast period.
The major players operating in the segment are Kerry Group, Tate & Lyle, Cargill, and Givaudan, among others.
Africa Sodium Reduction Ingredients Market is projected to grow at a CAGR of 5.32% during the forecast period (2020 – 2025).
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Key Market Trends
Increased Utilization of Mineral Salts as Sodium Reduction Ingredients
Mineral salts, such as potassium chloride, magnesium sulphate, calcium chloride, potassium lactate, and so on, are widely used as SRIs, owing to their widespread availability and potential to replace normal salt in terms of functionalities and taste. Potassium chloride (KCL) is the most preferred SRI amongst mineral salts due to its similar taste profile as that of salt (NaCl). Additionally, KCL is used in combination with calcium and magnesium-based salts, as they impart bitter taste when they are used individually. Snacks, bakery, and meat are the major applications for mineral salts. The reduction of sodium through mineral salts approach is cost-effective as well as a feasible solution.
Bakery and Confectionery is the Fastest Growing Segment
The bakery and confectionery segment witnessed a growing trend over the past few years, mostly in relation to high nutrient value and affordability, and as items of huge consumption. A rapid increase in the population, rising foreign influence, and fluctuating eating habits of the people have significantly contributed to the growth trajectory of the bakery industry. With regard to bakery products, consumers are demanding newer options, and the industry has been experiencing fortification of bakery products, inclusive of SRI, in order to satiate the burgeoning appetite of health-conscious consumers.
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