Market Overview:
The global salt replacers market is expected to grow at a CAGR of 6.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for healthier foods and the rising awareness about the health benefits of salt replacers. Salt replacers are used as alternatives to table salt in various applications such as meat industry, processed foods, snacks, and others. They are available in different forms such as liquid, powder, and crystals. The North America region is expected to dominate the global salt replacers market during the forecast period owing to factors such as rising awareness about healthy eating habits and growing demand for healthier food products.
Product Definition:
Salt replacers are ingredients that are used to replace salt in food. They can be used to reduce sodium levels in food, or to create foods that are lower in sodium. Salt replacers can be made from a variety of different ingredients, including herbs, spices, and minerals.
Liquid:
Liquid (Liq) is a non-starch polysaccharide, produced by plants as an alternative to starch. It plays an important role in the growth and development of plants. During the process of photosynthesis, it acts as a storehouse for solar energy which is used to convert carbon dioxide into sugars. The liquid produced by various plants varies in composition and properties depending upon the species and developmental stage of plant it serves.
Powder:
Powder is a dry, free-flowing solid that is made up of organic and inorganic materials. It can be produced using various raw materials such as calcium carbonate, clay, talc, gypsum and others. The most commonly used powder for food applications includes table salt (sodium chloride), which is obtained by evaporating the water from table salt mines/deposits along with some additional processing to remove impurities present in the original product.
Application Insights:
The meat industry was the largest application segment in 2017. The product is widely used in the meat industry as it helps maintain the nutritional value of foodstuffs and reduce wastage caused due to shrinkage. Furthermore, increasing demand for processed foods is expected to drive market growth over the forecast period. Salt replacers are used in various processed food products such as snacks, ready-to-eat meals, frozen meals and others on account of their ability to enhance taste without adding extra calories or fat.
The use of salt replacers has become mandatory by law in several countries worldwide owing to health concerns related to consumption of excess sodium intake which can lead to high blood pressure levels and other associated problems.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The growth of this region can be attributed to rising disposable income, changing lifestyles, and increasing demand for processed food products. Moreover, growing population coupled with rapid urbanization has led to increased demand for meat products which is anticipated to drive regional growth over the forecast period.
The industry in North America was valued at USD X million in 2017 owing to high consumption of processed foods as well as snacks across various countries such as U.S., Canada, and Mexico among others are expected drive regional growth over the projected period.
Growth Factors:
- Increasing demand for low-sodium foods: A large number of people are looking to reduce their sodium intake, as excessive salt consumption can lead to health problems such as high blood pressure and heart disease. This is driving the demand for salt replacers, which help to reduce the amount of sodium in food without affecting the taste or texture.
- Rising awareness of the health benefits of reduced-sodium diets: There is a growing awareness among consumers about the health benefits of reducing their sodium intake, which is helping to drive demand for salt replacers.
- Growing popularity of healthy eating trends: The popularity of healthy eating trends such as clean eating and paleo dieting is helping to boost demand for healthier alternatives to table salt, including salt replacers.
- Increasing use in processed foods: Salt replacers are increasingly being used in processed foods as manufacturers look for ways to reduce the amount of sodium in their products without compromising on taste or quality. This is helping to drive growth in the market overall.
Scope Of The Report
Report Attributes
Report Details
Report Title
Salt Replacers Market Research Report
By Type
Liquid, Powder, Crystals
By Application
Meat Industry, Processed Foods, Snacks, Others
By Companies
Now Foods, Savoury Systems, DowDuPont, Nu-Tek Salt, CandP Additives, Benson’s Gourmet Seasoning, Now Foods
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
120
Number of Tables & Figures
84
Customization Available
Yes, the report can be customized as per your need.
Global Salt Replacers Market Report Segments:
The global Salt Replacers market is segmented on the basis of:
Types
Liquid, Powder, Crystals
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Meat Industry, Processed Foods, Snacks, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Now Foods
- Savoury Systems
- DowDuPont
- Nu-Tek Salt
- CandP Additives
- Benson’s Gourmet Seasoning
- Now Foods
Highlights of The Salt Replacers Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Liquid
- Powder
- Crystals
- By Application:
- Meat Industry
- Processed Foods
- Snacks
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Salt Replacers Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Salt replacers are products that can be used to replace salt in food. They come in a variety of forms, including powders, liquids, and tablets. Salt replacers can help reduce the amount of salt needed in food recipes or make them healthier overall.
Some of the major players in the salt replacers market are Now Foods, Savoury Systems, DowDuPont, Nu-Tek Salt, CandP Additives, Benson’s Gourmet Seasoning, Now Foods.
The salt replacers market is expected to register a CAGR of 6.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Salt Replacers Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 Salt Replacers Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Salt Replacers Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the Salt Replacers Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 Global Salt Replacers Market Size & Forecast, 2020-2028 4.5.1 Salt Replacers Market Size and Y-o-Y Growth 4.5.2 Salt Replacers Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Liquid
5.2.2 Powder
5.2.3 Crystals
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Meat Industry
6.2.2 Processed Foods
6.2.3 Snacks
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Salt Replacers Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Salt Replacers Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Liquid
9.6.2 Powder
9.6.3 Crystals
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Meat Industry
9.10.2 Processed Foods
9.10.3 Snacks
9.10.4 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Liquid
10.6.2 Powder
10.6.3 Crystals
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Meat Industry
10.10.2 Processed Foods
10.10.3 Snacks
10.10.4 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Liquid
11.6.2 Powder
11.6.3 Crystals
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Meat Industry
11.10.2 Processed Foods
11.10.3 Snacks
11.10.4 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Liquid
12.6.2 Powder
12.6.3 Crystals
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Meat Industry
12.10.2 Processed Foods
12.10.3 Snacks
12.10.4 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Liquid
13.6.2 Powder
13.6.3 Crystals
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Meat Industry
13.10.2 Processed Foods
13.10.3 Snacks
13.10.4 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Salt Replacers Market: Competitive Dashboard
14.2 Global Salt Replacers Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Now Foods
14.3.2 Savoury Systems
14.3.3 DowDuPont
14.3.4 Nu-Tek Salt
14.3.5 CandP Additives
14.3.6 Benson’s Gourmet Seasoning
14.3.7 Now Foods