Global Reduced Salt Food Products Market

Reduced Salt Food Products Market Size, Share, Growth Analysis, By Product(Snacks, meat, poultry, & seafood and others), By Distribution Channel(Online and offline), By Region - Industry Forecast 2024-2031


Report ID: SQMIG30I2303 | Region: Global | Published Date: April, 2024
Pages: 198 | Tables: 62 | Figures: 75

Reduced Salt Food Products Market Dynamics

Reduced Salt Food Products Market Drivers

Rising health consciousness and demand for healthier food options

  • The increasing awareness of the health risks associated with high salt consumption has led to a surge in demand for low-sodium or reduced-salt food products. Consumers are becoming more conscious of their health and are seeking healthier food options, thereby driving the growth of the reduced salt food products market. For example, the World Health Organization (WHO) recommends a daily intake of fewer than 5 grams of salt per day to reduce the risk of developing high blood pressure and other related diseases.

Technological advancements and product innovations

  • The food industry is constantly evolving with the introduction of new technologies and product innovations, driving the growth of the reduced salt food products market. Companies are investing heavily in research and development to create innovative products that meet the changing consumer demands for healthier and low-sodium food options. For instance, in 2021, Nestlé introduced a new range of low-sodium products under its MAGGI brand in India, which includes a variety of soups, noodles, and seasonings.

Reduced Salt Food Products Market Restraints

High cost of reduced salt food products

  • Reduced salt food products are generally more expensive than their regular counterparts due to the additional costs associated with developing and producing low-sodium products. This higher cost can be a major barrier for price-sensitive consumers, especially in developing countries. The high cost of reduced salt food products may limit their accessibility and adoption by consumers.

Lack of consumer awareness and education

  • Despite the increasing awareness of the health risks associated with high salt consumption, there is still a lack of consumer awareness and education about the benefits of reduced salt food products. Many consumers are still unaware of the negative health effects of consuming high levels of salt and are not actively seeking out low-sodium options. This lack of awareness and education can be a major barrier to the growth of the reduced salt food products market.
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Reduced Salt Food Products Market size was valued at USD 332.22 Billion in 2022 and is poised to grow from USD 349.83 Billion in 2023 to USD 528.79 Billion by 2031, at a CAGR of 5.30% during the forecast period (2024-2031).

Reduced Salt Food Products Market is highly competitive and fragmented, with a large number of local and international players operating in the market. These companies compete based on factors such as price, quality, innovation, and distribution network. To gain a competitive edge in the market, companies are focusing on product innovation, marketing strategies, and mergers and acquisitions. For example, in 2021, Nestle launched a range of reduced salt soups and sauces under its popular brand Maggi, catering to the increasing demand for low-sodium food products. In addition, partnerships and collaborations are also becoming popular among market players. For instance, in 2022, PepsiCo partnered with a food-tech startup, to develop and market low-sodium and low-fat snacks in the United States. 'Nestle SA (Switzerland)', 'Unilever plc (UK)', 'PepsiCo, Inc. (US)', 'ConAgra Foods, Inc. (US)', 'The Kraft Heinz Company (US)', 'Campbell Soup Company (US)', 'General Mills, Inc. (US)', 'The Hain Celestial Group, Inc. (US)', 'Kellogg Company (US)', 'The Coca-Cola Company (US)', 'Hormel Foods Corporation (US)', 'Amy's Kitchen, Inc. (US)', 'McCormick & Company, Inc. (US)', 'Ajinomoto Co., Inc. (Japan)', 'Kikkoman Corporation (Japan)', 'Mars, Inc. (US)', 'Mondelēz International, Inc. (US)', 'Grupo Bimbo, S.A.B. de C.V. (Mexico)', 'PepsiCo Foods Canada Inc. (Canada)', 'McCain Foods Limited (Canada)'

The increasing awareness of the health risks associated with high salt consumption has led to a surge in demand for low-sodium or reduced-salt food products. Consumers are becoming more conscious of their health and are seeking healthier food options, thereby driving the growth of the reduced salt food products market. For example, the World Health Organization (WHO) recommends a daily intake of fewer than 5 grams of salt per day to reduce the risk of developing high blood pressure and other related diseases.

Growing popularity of plant-based and vegan reduced salt food products: The increasing popularity of plant-based and vegan diets has led to a surge in demand for reduced salt food products in these categories. Consumers are looking for healthier and sustainable food options that align with their dietary preferences and values. For instance, in 2021, Beyond Meat launched a new plant-based Beyond Breakfast Sausage with 50% less sodium than its original product.

In 2021, Asia Pacific held the largest market share in the reduced salt food products industry, accounting for over 35.10% of the overall market. The growth is driven by an increase in health concerns among the target population due to unhealthy lifestyles and eating habits, leading to high demand for low-sodium foods. Additionally, the rising disposable income levels and focus on health are expected to drive market growth in the region. The presence of supportive government policies and technological innovations in the food and beverage industry is also expected to contribute to the growth.

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Global Reduced Salt Food Products Market

Report ID: SQMIG30I2303

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