Market Overview:
The global sodium market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The food grade segment is expected to be the fastest-growing segment during the forecast period. Sodium is an essential mineral that plays a vital role in human health and metabolism. It helps regulate blood pressure, fluid balance, and nerve function, among other things. Sodium also helps the body absorb other nutrients from food.
Product Definition:
Sodium is a mineral found in food and water. It is important for the body to have sodium because it helps to regulate blood pressure and fluid balance. Sodium also plays a role in nerve function and muscle contraction.
Food Grade:
Food grade sodium is the purest form of sodium available in the market. It is produced from either by thermal processing or chemical extraction method. The major application of food-grade product includes processed foods, such as bread & rolls, frozen baked products, snacks & ready to eat meals and canned goods among others which require added salt content during processing/manufacturing or after storage.
Industry Grade:
Industry grade is a type of sodium which is produced in large quantities and has high purity. It has 99.8% of the purest form which can be used for further processing in various applications such as food, detergents, etc. Industry grade sodium can also be used directly without any conversion or further processing like table top salt or rock salt which have higher purity levels but are not available in larger volumes due to their limited production capacities.
Application Insights:
The manufacturing industry accounted for the largest share of over 50% in 2017. The growing industrialization and urbanization in developing countries such as China, India, and Brazil is expected to have a positive impact on the sodium market over the forecast period. These countries are also likely to be major consumers of sodium chloride owing to their large population base which comprises of health-conscious individuals who prefer natural food items instead of processed or packaged products.
The others application segment includes pharmaceuticals, cosmetics, animal feed additives among others. Increasing demand for these additives from various industries including food & beverage and chemical is projected to drive growth during the study period.
Regional Analysis:
Asia Pacific sodium content is below the global average and accounted for over 30% of the total market in 2017. It is projected to be one of the fastest-growing regional markets from 2018 to 2030 owing to increasing population, rising disposable income levels, changing lifestyles and expanding food & beverage industry.
The Middle East & Africa region was valued at USD X billion in 2017 and is expected to witness significant growth over the forecast period owing to rapid development in end-use industries such as manufacturing, construction, etc. The region has a high production potential with respect rising demand from other regions due its growing population’s need for more food products that are rich in taste yet contain less salt content or preservatives than those currently available on the market.
Growth Factors:
- Increasing demand from the food and beverage industry as a preservative
- Growing use in personal care products for its cleansing and antiseptic properties
- Rising awareness of the health benefits of sodium among consumers
- Increased production of processed foods that require salt as a preservative
- Growing popularity of low-sodium diets to manage hypertension and other health conditions
Scope Of The Report
Report Attributes
Report Details
Report Title
Sodium Market Research Report
By Type
Food Grade, Industry Grade, Others
By Application
Food Industry, Chemical Industry, Manufacturing Industry, Others
By Companies
DowDuPont, TeiJin, Lantai Industrial Co., Ltd, Aventis, Cofco
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
186
Number of Tables & Figures
131
Customization Available
Yes, the report can be customized as per your need.
Global Sodium Market Report Segments:
The global Sodium market is segmented on the basis of:
Types
Food Grade, Industry Grade, Others
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
Food Industry, Chemical Industry, Manufacturing Industry, 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:
- DowDuPont
- TeiJin
- Lantai Industrial Co., Ltd
- Aventis
- Cofco
Highlights of The Sodium 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:
- Food Grade
- Industry Grade
- Others
- By Application:
- Food Industry
- Chemical Industry
- Manufacturing Industry
- 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 Sodium 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.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
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?
Sodium is a mineral that is found in many foods. It helps to regulate blood pressure and fluid balance.
Some of the major players in the sodium market are DowDuPont, TeiJin, Lantai Industrial Co., Ltd, Aventis, Cofco.
The sodium market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Sodium 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 Sodium Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Sodium 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 Sodium 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 Sodium Market Size & Forecast, 2018-2028
4.5.1 Sodium Market Size and Y-o-Y Growth
4.5.2 Sodium Market Absolute $ Opportunity
Chapter 5 Global Sodium 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 Sodium Market Size Forecast by Type
5.2.1 Food Grade
5.2.2 Industry Grade
5.2.3 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Sodium 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 Sodium Market Size Forecast by Applications
6.2.1 Food Industry
6.2.2 Chemical Industry
6.2.3 Manufacturing Industry
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Sodium 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 Sodium 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 Sodium Analysis and Forecast
9.1 Introduction
9.2 North America Sodium 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 Sodium Market Size Forecast by Type
9.6.1 Food Grade
9.6.2 Industry Grade
9.6.3 Others
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 Sodium Market Size Forecast by Applications
9.10.1 Food Industry
9.10.2 Chemical Industry
9.10.3 Manufacturing Industry
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 Sodium Analysis and Forecast
10.1 Introduction
10.2 Europe Sodium 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 Sodium Market Size Forecast by Type
10.6.1 Food Grade
10.6.2 Industry Grade
10.6.3 Others
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 Sodium Market Size Forecast by Applications
10.10.1 Food Industry
10.10.2 Chemical Industry
10.10.3 Manufacturing Industry
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 Sodium Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Sodium 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 Sodium Market Size Forecast by Type
11.6.1 Food Grade
11.6.2 Industry Grade
11.6.3 Others
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 Sodium Market Size Forecast by Applications
11.10.1 Food Industry
11.10.2 Chemical Industry
11.10.3 Manufacturing Industry
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 Sodium Analysis and Forecast
12.1 Introduction
12.2 Latin America Sodium 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 Sodium Market Size Forecast by Type
12.6.1 Food Grade
12.6.2 Industry Grade
12.6.3 Others
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 Sodium Market Size Forecast by Applications
12.10.1 Food Industry
12.10.2 Chemical Industry
12.10.3 Manufacturing Industry
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) Sodium Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Sodium 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) Sodium Market Size Forecast by Type
13.6.1 Food Grade
13.6.2 Industry Grade
13.6.3 Others
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) Sodium Market Size Forecast by Applications
13.10.1 Food Industry
13.10.2 Chemical Industry
13.10.3 Manufacturing Industry
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 Sodium Market: Competitive Dashboard
14.2 Global Sodium Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 DowDuPont
14.3.2 TeiJin
14.3.3 Lantai Industrial Co., Ltd
14.3.4 Aventis
14.3.5 Cofco
