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Salt Replacers Market segmentation, growth and forecast 2023-2030

AJB195 2024. 4. 30. 15:33

Salt Replacers Market

The Salt Replacers Market is expected to grow from USD 3.00 Billion in 2022 to USD 7.50 Billion by 2030, at a CAGR of 12.40% during the forecast period.

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Salt Replacers Market Size

Salt replacers are food additives that mimic the taste and function of salt, but with lower sodium content. The salt replacers market research report analyzes the market segment based on types such as liquid, powder and crystals, applications such as meat industry, processed foods, snacks and others, and regions including North America, Asia Pacific, Middle East, Africa, Australia, and Europe. The key players in the market include Now Foods, Savoury Systems, DowDuPont, Nu-Tek Salt, C and P Additives, and Benson’s Gourmet Seasoning. The report also highlights the regulatory and legal factors specific to the market conditions. The growth of the salt replacers market is driven by increasing consumer awareness regarding the harmful effects of excess salt intake and the increasing demand for low-sodium products. The market is further expected to increase due to the growing trend of using natural and organic ingredients in food products.

Salt Replacers Market Key Players

  • Now Foods
  • Savoury Systems
  • DowDuPont
  • Nu-Tek Salt
  • CandP Additives

Salt Replacers Market Segment Analysis

Notably, the latest trend observed in the Salt Replacers market is the use of natural ingredients as a replacement for traditional salt. Various studies have highlighted the benefits of potassium-based salt substitutes, which can not only reduce sodium intake but also provide essential nutrients such as potassium.

 

The report's main findings indicate that the Salt Replacers market is poised for steady growth over the forecast period due to the increasing emphasis on health and wellness. Nevertheless, the market players need to address the challenges mentioned above to ensure effective market penetration and acceptance of their products.

 

This report covers impact on COVID-19 and Russia-Ukraine wars in detail.

KEY PRODUCT APPLICATION

  • Meat Industry
  • Processed Foods
  • Snacks
  • Others

KEY PRODUCT TYPES 

  • Liquid
  • Powder
  • Crystals

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