According to the report by Expert Market Research (EMR), the Australia sodium reduction ingredients market size reached a value of USD 80.54 million market in 2023. Aided by the increasing demand for healthier food options and the growing awareness of the health risks associated with high sodium intake, the market is projected to further grow at a CAGR of 4.87% between 2024 and 2032 to reach a value of USD 122.55 million market by 2032.
Sodium reduction ingredients are used to lower the sodium content in food products while maintaining their taste and functional properties. These ingredients include potassium chloride, mineral salts, amino acids, and yeast extracts, among others. The Australia sodium reduction ingredients market growth is driven by factors such as the rising demand for healthier food products, supportive government regulations, and advancements in food technology.
The rising demand for healthier food products is a significant driver of the sodium reduction ingredients market. As consumers become more health-conscious and aware of the risks associated with high sodium intake, such as hypertension and cardiovascular diseases, there is an increasing preference for low-sodium food products. The growing trend of health and wellness and the increasing prevalence of lifestyle-related health issues are further boosting the demand for sodium reduction ingredients.
Get a Free Sample Report with Table of Contents:
https://www.expertmarketresearch.com/reports/australia-sodium-reduction-ingredients-market/requestsample
Supportive government regulations and initiatives are another key factor propelling the market growth. The Australian government has implemented various regulations and guidelines to promote the reduction of sodium in food products. These initiatives include public health campaigns, food reformulation programs, and voluntary sodium reduction targets for the food sector. The supportive regulatory environment and the increasing focus on public health are driving the adoption of sodium reduction ingredients in the food and beverage sector, consequently driving up the Australia sodium reduction ingredients market share.
Advancements in food technology are also contributing to market growth. Continuous innovations in ingredient formulation and processing techniques have led to the development of more effective and versatile sodium reduction ingredients. The integration of advanced technologies, such as encapsulation and nanotechnology, has enhanced the functionality and efficacy of sodium reduction ingredients. The growing adoption of clean label and natural ingredients is further driving the demand for innovative sodium reduction solutions in Australia.
Read Full Report with Table of Contents:
https://www.expertmarketresearch.com/reports/australia-sodium-reduction-ingredients-market
Potassium chloride holds a significant share of the market, driven by its effectiveness in reducing sodium levels and maintaining the taste and functionality of food products. Potassium chloride is widely used as a salt substitute in various food applications. Mineral salts, including magnesium sulphate and calcium chloride, are also significant, driven by their use in food fortification and preservation. The demand for amino acids and yeast extracts is growing, driven by their natural origin and multifunctional properties, leading to the Australia sodium reduction ingredients market expansion.
The bakery and confectionery segment accounts for the largest share of the market, driven by the increasing demand for low-sodium baked goods and confectionery products. The demand for sodium reduction ingredients in the dairy and frozen foods segment is also substantial, driven by the need for healthier dairy products and frozen meals. The snacks segment is experiencing robust growth, driven by the rising preference for low-sodium snacks among health-conscious consumers. The meat and poultry segment is also significant, driven by the demand for low-sodium processed meats and poultry products. The sauces and dressings segment is contributing to market growth, driven by the increasing demand for low-sodium condiments and dressings.
As per the Australia sodium reduction ingredients market analysis, the Australia sodium reduction ingredients market is segmented into various regions, including New South Wales, Victoria, Queensland, Western Australia, and others. New South Wales holds the largest share of the market, driven by its large population and the high demand for healthier food products in both urban and suburban areas. Victoria also contributes significantly to the market, driven by similar factors, including a growing population and the increasing adoption of low-sodium food products. Queensland and Western Australia are experiencing robust growth, driven by the rising health consciousness and the expanding food and beverage sector.
Market Segmentation
The market can be divided based on the product type, application, and region
Market Breakup by Product Type
- Amino Acid
- Yeast Extract
- Mineral Blends
- Potassium Sulphate
- Potassium Lactate
- Magnesium Sulphate
- Potassium Chloride
- Calcium Chloride
- Others
Market Breakup by Application
- Dairy and Frozen Foods
- Bakery and Confectionery
- Meat and Meat Products
- Snacks
- Condiments, Seasonings and Sauces
- Others
Market Breakup by Region
- New South Wales
- Victoria
- Queensland
- Australian Capital Territory
- Western Australia
- Others
Competitive Landscape
The EMR report looks into the market shares, plant turnarounds, capacities, investments, and mergers and acquisitions, among other major developments, of the leading companies operating in Australia sodium reduction ingredients market. Some of the major players explored in the report by Expert Market Research are as follows:
- DSM Nutritional Products Australia Pty Ltd.
- Givaudan Australia Pty Ltd.
- Sensient Technologies Corporation
- Kerry Group plc
- Others
Media Contact:
Company Name: Claight Corporation
Contact Person: Emily Jacks, Corporate Sales Specialist – U.S.A.
Email: sales@expertmarketresearch.com
Toll Free Number: +1-415-325-5166 | +44-702-402-5790
Address: 30 North Gould Street, Sheridan, WY 82801, USA
Website:www.expertmarketresearch.com
