Snacks to Boost the Reduced Salt Food Products Market Growth
Rising
health consciousness among people and increasing government initiatives
regarding low sodium consumption are the leading factors driving the global
reduced salt food products market during the forecast period.
According to
TechSci Research report, “Reduced Salt Food Products Market– Global Industry
Size, Share, Trends, Competition, Opportunity, and Forecast, 2018-2028F, Global reduced salt food
products market is expected to have significant CAGR during the forecast period due to factors
such as increasing health awareness among consumers, increasing incidences of
various chronic diseases, such as high blood pressure, etc., due to which there
has been increased demand for foods and drinks with lower salt content.
Reduced salts are used to preserve a wide range of meat,
vegetable, seafood, and fruit, as well as instant food products like soups,
ready-to-eat meals, biscuits, and chips. A variety of foods contain
a natural amount of sodium, such as vegetables, celery, beets, and eggs. Dietary salt is necessary for health, as it
maintains the proper balance of water and minerals. However, more than 5 grams
intake of sodium per day raises blood pressure, which is a major risk factor
for heart disease and stroke. This has led to an increase in the consumption of
low or reduced-sodium food products, which had a positive impact on the global
industry.
Moreover, people are becoming more conscious regarding their lifestyle
and health due to the rapid spread of disease around the world. Increased salt
or sodium intake is linked to a higher risk of stroke, osteoporosis, stomach
cancer, heart failure, and kidney disease. Because of this, the market for
reduced-sodium food items is being driven by consumers' increased knowledge of
the harmful effects of high sodium intake as well as their increasing desire
for nutrient-dense, healthier food products. Also, it is usually recommended for
individuals with specific medical conditions such as high blood pressure, heart
failure, and kidney disease to follow a low-sodium diet. As a result of growing
consumer health issues as well as rising consumption of nutritive and
nutritious food products, this market is projected to expand significantly in
the forecast period.
Browse over XX market data Figures spread through XX Pages and an in-depth TOC on the "Global Reduced Salt Food Products Market"
Since consumers are shifting towards low-salt food
products, the companies are expanding their product portfolio to meet the
customer demand.
For instance, in 2021, Food for Life Baking Co. launched three low-sodium items
in its product line, which include Low Sodium Sprouted Flourless English
Muffins, Low Sodium Sprouted Flourless Crunchy Cereal, and Low Sodium Sprouted
Flourless Tortillas.
Additionally, governments around
the world are increasing their focus on spreading awareness among people to
reduce their salt intake due to several health hazards that can be caused by
excess consumption of salt in the diet. Initiatives to reduce sodium in food can
take the form of mandatory or optional governmental targets, corporate
initiatives, or health-focused recommendations from various major groups, such
as the World Health Organization. As the increased focus on nutrition grows in
the coming years, the sodium intake guidelines are expected to become
increasingly relevant.
The reduced salt food
products market is segmented based on product type, application, and
distribution channel, region and competitional landscape. Based on product
type, the market is divided into snacks, meat products, seafood products,
poultry products and others (fruits & vegetable, instant food products).
Among the product type, the snacks segment holds the highest market share in
the global reduced salt food products market. One of the main factors
anticipated to contribute to the segment's growth is the rising consumption of
snacks with reduced sodium content by health-conscious consumers. Furthermore,
the business is anticipated to increase because of the rising demand for
nutritious snacks. Based on application, the market is divided into residential
and commercial. Based on distribution channel, the market is fragmented into
hypermarkets/supermarkets, specialty stores, departmental stores, convenience
stores, online, others (direct sales, distributors & dealers).
Key market players in the
reduced salt food products market include:
- General Mills Inc
- PepsiCo Inc.
- Kellogg Company
- The Kraft Heinz Company
- Nestlé S.A.
- Conagra Brands Inc.
- Tyson Foods Inc.
- Hormel Foods Corporation
- Smithfield Foods Inc.
- Maple Leaf
Foods Inc.
The COVID-19 pandemic
severely harmed the economies of several countries around the world. The
closure of manufacturing facilities had a negative impact on the market of reduced
salt food products.
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"The high adoption of healthy eating habits
by the targeted population, increasing cases of chronic diseases, wide range of
low salt content products offered by companies and increasing preference for products
on online channels, which offer several benefits such as discounts, home
delivery, etc. is expected to boost the industry growth in the forecast period.” said Mr. Karan
Chechi, Research Director with TechSci Research, a research based global
management consulting firm.
“Reduced Salt Food Products Market– Global Industry Size, Share,
Trends, Competition, Opportunity, and Forecast, 2018-2028, Segmented By Product
Type (Snacks, Meat Products, Seafood Products, Poultry Products and Others
(Fruits & Vegetables, Instant Food Products), By Application (Residential
and Commercial), By Distribution Channel (Hypermarkets/Supermarkets, Specialty
Stores, Departmental Stores, Convenience Stores, Online, Others (Direct Sales,
Distributors & Dealers), By Region,”, has
evaluated the future growth potential of global reduced salt food products market
and provides statistics and information on market structure, size, share, and
future growth. The report is intended to provide cutting-edge market
intelligence and help decision-makers take sound investment decisions. Besides,
the report also identifies and analyzes the emerging trends along with
essential drivers, challenges and opportunities present in reduced salt food
products market globally.
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