The Global Salt Substitutes Market Growth Accelerated By Increasing Health Awareness

https://www.coherentmarketinsights.com/market-insight/salt-substitutes-market-1430
Salt Substitutes Market


Salt substitutes are potash-based food ingredients used as an alternative to sodium chloride or table salt to reduce the sodium content in the diet. Salt substitutes provide the salty taste without the negative health effects associated with excess sodium intake. These substitutes are widely used in food processing applications to enhance and retain the flavor in various processed and packaged food products with low-sodium content such as soups, sauces, snacks, and seasonings.

The global Salt Substitutes Market is estimated to be valued at US$ 1.41 Mn  in 2024 and is expected to exhibit a CAGR of 7.7%  over the forecast period 2024-2031, as highlighted in a new report published by Coherent Market Insights.

Market key trends:
Increasing health awareness among consumers regarding the various ill-effects of excessive sodium intake like high blood pressure, heart diseases, and stroke has been a major factor driving the growth of salt substitutes market. As per few studies, excess sodium intake is directly linked to increased cardiovascular diseases risk. Thus, consumers are switching to low sodium food products and ingredients like salt substitutes. The rising demand for low-sodium food products from health-conscious consumers coupled with changing lifestyle habits and growing incidences of chronic diseases due to unhealthy diets are some of the key factors accelerating the adoption of salt substitutes across various food applications. Various government initiatives and campaigns to limit salt consumption have further boosted market growth over the forecast period.


Segment Analysis
The global salt substitutes market is fragmented in nature with the potassium chloride sub segment dominating currently. Potassium chloride accounted for nearly half of the overall salt substitutes market in 2019 as it provides similar taste and properties as sodium chloride but with lower sodium content. As consumer demand for low sodium products continue to rise due to increasing health consciousness, the potassium chloride sub segment is expected to retain its leading position during the forecast period.

Key Takeaways
The global Salt Substitutes market Growth  is expected to witness high growth. The global Salt Substitutes Market is estimated to be valued at US$ 1.41 Mn  in 2024 and is expected to exhibit a CAGR of 7.7%  over the forecast period 2024-2031.

The market in North America currently accounts for the largest share of around 35% of the global salt substitutes market in 2019. Rising health awareness regarding sodium intake and growing demand for low sodium foods have driven market growth in the region. The Asia Pacific region is expected to register the fastest growth during the forecast period owing to rising disposable incomes, growing health awareness regarding sodium intake, and a large consumer base in countries such as India and China.

Key players operating in the salt substitutes market are Keysight Technologies Inc., Rohde & Schwarz GmbH & Co. KG, Agilent Technologies, Inc.,Anritsu Corporation, TDK-Lambda Corporation, Advanced Energy Industries, Inc., Tektronix, Inc., Amplifier Research (AR),Thales Group, Teradyne, Inc., National Instruments Corporation, AMETEK, Inc., Boonton Electronics (Wireless Telecom Group), Electronics & Innovation, Ltd., NoiseXT.

Explore more related article on this topic: https://www.pressreleasebulletin.com/salt-substitutes-market-is-driven-by-increasing-health-conscious-consumers/

https://blogger-veritas.blogspot.com/2024/01/the-global-bioinformatics-market-growth.html

Comments

Post a Comment

Popular posts from this blog

Global Fiber Reinforced Concrete Market Opportunity Analysis and Industry Forecast 2028

Image
  Fiber Reinforced Concrete Market A rise in commercial construction activity is anticipated to fuel the market as a result of the economy's improved state. The need for more office and storage space has been driven by the expansion of industries like food and consumer goods, which has had a large positive impact on the construction sector and the demand for paving slabs as long-lasting and attractive flooring. With the majority of the actors involved in the production and manufacture of the raw materials used in the production of paving slabs, product makers have a highly integrated supply chain. The majority of market participants also benefit from a robust direct distribution network that facilitates a seamless flow of products and enables them to build a broader customer base. Having a wide range of customizable products is important while making purchases. The global Fiber Reinforced Concrete Market was valued at US$ 2,330.40 Mn in 2020 and is forecast to reach a value of US$
Read more

Augmented Reality Is Fastest Growing Segment Fueling The Growth Of Air Defense Systems Market

Image
Air Defense Systems Market Market Overview: Air defense systems provides protection against cruise, tactical and strategic ballistic missiles, unmanned aerial vehicles, and aircraft. They consist of radar systems, interceptor missiles, command and control systems and fire control systems. Air defense systems help detect incoming enemy planes, and intercept missiles and other threats before they reach their targets using air-to-air, surface-to-air, and man-portable missiles. Market key trends: One of the major trends in the air defense systems market is the increasing adoption of augmented reality and artificial intelligence. Augmented reality offers 3D digital interfaces to air defense operators and commanders and overlays geographical data and combat intelligence information onto real-world combat scenarios. This enhances situation awareness, minimizes fatigue and improves decision-making. It is increasingly being incorporated into command and control systems, fire control radars and
Read more

Agricultural Micronutrients Market Growth Accelerated By Increasing Need For Improved Soil Fertility

Image
Agricultural Micronutrients Market Agricultural micronutrients are essential plant nutrients required in small quantities for healthy plant growth and development. Micronutrients such as iron, zinc, manganese, molybdenum, and boron play vital roles in various metabolic functions of crops such as photosynthesis, nitrogen fixation, and enzyme activity. The increasing need to boost crop yields and improve soil fertility has raised the demand for micronutrient fertilizers globally. The growing population and reducing arable land have fueled the need for sustainable agricultural practices, propelling the micronutrients market. The global Agricultural Micronutrients Market is estimated to be valued at US$ 5.19 Bn in 2024 and is expected to exhibit a CAGR of 27.% over the forecast period 2024 to 2031, as highlighted in a new report published by Coherent Market Insights. Market key trends: The increasing adoption of precision farming and digital technologies in the agriculture sector is
Read more