Low Sodium Salt Market to Hit US$ 312.3 Million by 2033 | Fact.MR Report
Fact.MR’s latest report on Low Sodium Salt Market provides a detailed analysis of growth drivers, market restraints, and emerging trends. It also offers insights Covering 30+ Countries Including Analysis of US, Canada, Brazil, Mexico, UK, Germany, France, GCC countries, Japan, Korea and many more.
Rockville , June 21, 2023 (GLOBE NEWSWIRE) -- Low Sodium Salt Market is expected to witness a valuation of US $ 312.3 Million by the end of 2033 and is predicted to witness a CAGR of 5.3% during the forecast period of 2023-2033.
The demand for healthier food products among consumers is fueling the expansion of the low sodium salt market. Low-sodium salts are made to lower the sodium content of food while preserving the flavour and consistency of regular salt. The demand for reduced sodium salt is anticipated to rise as high blood pressure, heart disease, and other health problems linked to high sodium intake become more common.
Get Free Sample Copy of This Report:
https://www.factmr.com/connectus/sample?flag=S&rep_id=8620
The market for super low sodium salt is being significantly impacted by government initiatives to reduce the consumption of regular salt. The government is urging people to switch to low-sodium salt products, including super low sodium salt, by bringing attention to the health risks linked to high sodium intake.
Report Attributes |
Details |
Forecast Period | 2023 - 2033 |
Value Projection (2033) | US$ 312.3 Million |
Growth Rate (2023-2033) | 5.3% CAGR |
No. of Pages | 170 pages |
No. of Tables | 84 Tables |
No. of Figures | 74 Figures |
Key Driving Forces Accelerating the Market Growth
The low sodium salt market is driven by several factors that have contributed to its growth and increasing demand. Some of the key market drivers for the low sodium salt market include:
- Increased awareness about the adverse health effects of high sodium consumption, such as hypertension and cardiovascular diseases, has led to a rise in demand for low-sodium alternatives. Consumers actively seek healthier food options, including low-sodium salt, to reduce their sodium intake without compromising taste.
- Governments worldwide are implementing regulations and initiatives to reduce sodium content in processed foods and promote the use of low-sodium alternatives. For instance, various countries have introduced mandatory sodium reduction targets and labeling requirements, which have driven the food industry to adopt low sodium salt in their products.
- The rising prevalence of chronic diseases, particularly cardiovascular diseases, and hypertension, has fueled the demand for low-sodium products. Consumers are increasingly adopting low-sodium diets as part of disease prevention and management strategies, driving the growth of the low-sodium salt market.
Key Companies Profiled in This Report
- Aashirvad Proactive Salt
- Ankur Chem Foods Pvt Limited
- Chirai Salts Pvt Limited (TATA Salt Lite)
- Frontier Co-op.
- Losalt
- McCormick & Company
- Morton Salt, Inc.
- Sahayamatha Salterns Pvt. Ltd (Sprinkle Active)
- Salinity Group
- Salt of The Earth Ltd
- SaltWorks
- Shree Ram Brine Chem Industries
- Super Salts Pvt Limited (Top Health Plus Low Sodium Salt)
Get Customization on this Report for Specific Research Solutions:
https://www.factmr.com/connectus/sample?flag=RC&rep_id=8620
Vital indicators shaping the future of the industry
Several vital indicators are shaping the future of the low-sodium salt industry. These indicators provide insights into the trends and developments that will influence the market dynamics. Here are some key indicators:
- Continued investment in research and development activities is crucial for the low-sodium salt industry. Innovations in sodium reduction technologies, flavor enhancement techniques, and the development of new low-sodium salt alternatives will play a significant role in shaping the future of the industry. Companies that invest in R&D to create effective and palatable low-sodium salt solutions will have a competitive advantage.
- Consumer preferences and increasing health awareness will continue to shape the future of the industry. As consumers become more health-conscious and seek healthier food options, the demand for low-sodium salt will continue to rise. Companies that can effectively communicate the benefits of low-sodium salt and offer products that meet consumer expectations for taste and functionality will thrive in the market.
- Government regulations and policies regarding sodium reduction in food products will significantly impact the low-sodium salt industry. Continued efforts by governments to implement stricter regulations and set lower sodium targets for processed foods will drive food manufacturers' adoption of low-sodium salt.
Challenges Hindering The Market Growth
- Low sodium salts are formulated to reduce sodium content while maintaining taste and flavor. However, achieving a taste similar to regular salt remains a challenge. Consumers often perceive a difference in taste, which can be a barrier to widespread adoption. Developing low-sodium salts with a flavor profile that closely resembles regular salt is crucial for market growth.
- Low sodium salts are generally more expensive to produce compared to regular salt due to the additional processes involved in reducing sodium content. The higher production costs can translate into higher prices for consumers, making it less accessible and affordable for some segments of the population. Reducing the cost of production and making low sodium salts more price competitive is essential for market growth.
- Despite growing awareness of the health risks associated with high sodium intake, many consumers are still not familiar with low-sodium salt alternatives. Lack of awareness and understanding of the benefits and availability of low-sodium salts can hinder market growth. Increased marketing and educational campaigns can help address this challenge and create more consumer demand.
Strategies For Manufacturers/Suppliers To Scale In The Market
- Manufacturers should invest in research and development to improve the taste, texture, and overall quality of low-sodium salt products. Developing new formulations, incorporating natural flavor enhancers, and conducting sensory evaluations can help create superior products that resonate with consumers.
- In June 2021, Salt of the Earth announced the release of its all-natural, low-sodium sea salt products for lentil bits.
- To encourage wider adoption, manufacturers should focus on optimizing production processes to reduce costs and offer competitive pricing for their low-sodium salt products. Implementing efficient manufacturing techniques, sourcing ingredients at competitive prices, and exploring economies of scale can help lower production costs and make low sodium salts more affordable for a broader consumer base.
Segmentation of Low Sodium Salt Industry Research Report
-
By Sales Channel :
- Direct
- Indirect
- Offline
- Supermarkets/Hypermarkets
- Convenience Stores
- Others
- Online
- Offline
-
By Application :
- Individuals
- Food Processing Industry
- Bakery & Confectionery
- Dairy
- Processed Food
- Meat, Poultry & Sea food
- Beverages
- Soups, Salads, Sauces & Dressings
- Others
-
By Region :
- North America
- Latin America
- Europe
- East Asia
- South Asia & ASEAN
- Oceania
- MEA
For in-depth competitive analysis, Buy Now:
https://www.factmr.com/checkout/8620
Explore More Related Studies Published by Fact.MR Research:
Salt Content Reduction Ingredients Market: The global salt content reduction ingredients market is valued at US$ 1.5 billion in 2023.
Fortified Salts Market Outlook: The market is valued at USD 6.27 billion at present in 2023.
Low Sodium Sea Salt Market: The global low sodium sea salt market is estimated to expand at a CAGR of 7.1%.
About Fact.MR
We are a trusted research partner of 80% of fortune 1000 companies across the globe. We are consistently growing in the field of market research with more than 1000 reports published every year. The dedicated team of 400-plus analysts and consultants is committed to achieving the utmost level of our client’s satisfaction.
Contact:
US Sales Office
11140 Rockville Pike
Suite 400
Rockville, MD 20852
United States
Tel: +1 (628) 251-1583, +353-1-4434-232 (D)
Connect to Author: Mr. Yash Pathak
Email: yash@factmr.com
Sales Team: sales@factmr.com
Follow Us: LinkedIn | Twitter | YouTube
Legal Disclaimer:
EIN Presswire provides this news content "as is" without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the author above.