FDBusiness.com

Mordor reports on sodium reduction

 Breaking News
  • Pernod Ricard to Acquire Super-premium Italian Gin Brand Pernod Ricard is acquiring Italian super-premium gin brand Malfy from Biggar & Leith for an undisclosed price. Malfy is a range of super-premium gins distilled by the Vergnano family in the Italian region of Moncalieri, and already present in several international markets such as the United States, United Kingdom and Germany. Each gin in the [...]...
  • Nestlé and Carrefour Give Consumers Access to Blockchain Platform Nestlé and Carrefour, the French retail group, have announced that they are giving consumers access to blockchain data for Mousline purée in France. This is the first time that Nestlé is sharing information on its products with consumers via a blockchain platform. Consumers can use their smartphone or other device to scan a QR code on [...]...
  • Plastics Action Alliance Sets Targets to Achieve Sustainable Reduction in Use of Plastic in Ireland Plastics Action Alliance, the recently formed group that comprises of 11 leading agricultural processing and food businesses in Ireland, has set out its key objectives. The industry leading group aims to significantly reducing the use of plastic packaging across its members’ operations. Formed at the end of 2018, the Plastics Action Alliance is a collaboration that [...]...
  • Carlsberg UK Gets Honest About Its Beer Carlsberg UK has launched its most ambitious and honest consumer facing campaign ever in a bid to drive reappraisal of its flagship beer brand. Expected to reach 97% of the UK, the £20 million campaign conceived in collaboration with agency partners Fold7, Clifford French and Initiative – trades on the equity of the brand’s renowned [...]...
  • Alternative Proteins Challenge Dairy Dominance The value of the sports nutrition market is set to grow by around 8% per year to reach over US$17 billion globally in 2021, according to Innova Market Insights’ forecasts. The mainstreaming of the market has led to a surge in interest in plant-based alternatives with the traditional dominance of whey and other dairy proteins [...]...

Mordor reports on sodium reduction

April 11
09:18 2016

Tate&LyleSaltMarket research company, Mordor Intelligence, has announced the publication of its new report on the sodium reduction ingredients market: “Global Sodium Reduction Ingredients Market – Growth, Trends and Forecast (2016-2021)”.

The market for sodium reduction ingredients was estimated at $625.7 million in 2015 and is projected to reach $1,294.3 million by 2021, at a compound annual growth rate (CAGR) of 11.2%.

The sodium reduction ingredients (SRIs) market is one of the fastest-growing ingredient segments in the food and beverage industry, Mordor says. The market depends heavily on the technical capabilities of food ingredient manufacturers to develop new requirement-based formulations. According to industry estimations, current global salt intake is over two times recommended levels. A recent study by the Harvard School of Public health as well as the University of Cambridge proved that the sodium intake in 181 nations has exceeded the recommended levels of two grams per day.

Over 70.0% of sodium consumption is derived from the processed, pre-packaged, or restaurant foods, Mordor notes. The market for processed food is quite large in the current scenario and so is the market for developing the technology and strategy for sodium reduction. The report says that companies such as Cargill, Novozymes, Danisco, Kerry Group, Givaudan, DSM, Corbion Purac and others, are concentrating on health issues that result from the high intake of NaCl.

In the last few years, 75 countries have set up national salt reduction strategies, with a multifaceted approach, such as the taxation on high-salt foods, establishment of sodium content targets for food items, consumer education, front-of-pack labeling schemes, and interventions in public institutions. Regulatory actions pertaining to salt reduction, such as mandatory targets, content labeling, food procurement policies, and taxation, have been implemented in over 30 countries, and 12 countries have reported reduction in population salt intake.

According to Mordor, drivers affecting the studied market include:

  • Health and wellness campaigns that are spreading awareness among consumers
  • Growing demand from the food processing industry
  • Identification of new flavour enhancing ingredients

Restraints affecting the studied market include:

  • High cost of reformulation
  • Low adoption rate

Opportunities in the studied market:

  • Stringent regulatory frameworks
  • Innovation in product applications
  • Growing opportunities from the untapped developing markets

The report on the sodium reduction ingredients market is segmented on the basis of product type into: amino acids, mineral salts, yeast extracts, and others.

Mordor Intelligence is a market research and consulting firm with expertise in helping clients grow their business through accurate research and unbiased analysis.

With over 7,000 comprehensive reports across 14 industry segments, MI has helped over 300 clients take better business decisions

About Author

admin

admin

Related Articles



Food & Drink Business Conference & Exhibition 2016

Upcoming Events

  • June 18, 2019Multimodal 2019
  • June 25, 2019BevExpo 2019
AEC v1.0.4

find food jobs

The Magazine

F&D Business Preferred Suppliers

New Subscriber

Subscribe Here



Advertisements