Report ID: SQMIG30I2303
Report ID:
SQMIG30I2303 |
Region:
Global |
Published Date: April, 2024
Pages:
198
|
Tables:
62 |
Figures:
75
Global 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).
The global reduced salt food products market is a rapidly growing industry, driven by the increasing health consciousness among consumers and the rising prevalence of lifestyle diseases such as hypertension and cardiovascular diseases. The purpose of the reduced salt food products market is to provide consumers with healthier options that are low in sodium, but still maintain the taste and flavor of traditional high-salt products. This has led to the development of a wide range of reduced-salt food products, including snacks, baked goods, dairy products, and meat products. One of the major drivers of the market is the increasing awareness among consumers regarding the negative effects of excessive salt consumption on health. According to the World Health Organization, high salt intake is a leading cause of hypertension, which is a major risk factor for heart disease and stroke. This has led to a growing demand for low-salt products among health-conscious consumers. However, there are some restraints to the market, such as the higher cost of reduced salt food products as compared to their traditional counterparts, which may limit their adoption among price-sensitive consumers. Additionally, some reduced-salt products may not have the same taste and texture as traditional high-salt products, which may also impact their popularity among consumers.
Despite these challenges, the reduced salt food products market is expected to continue growing, driven by key trends such as the increasing availability of these products in retail stores and online marketplaces, as well as the rising popularity of vegan and vegetarian diets, which often prioritize low-salt foods. Furthermore, there are several opportunities in the market, such as the development of innovative technologies to enhance the taste and texture of reduced salt food products, as well as the expansion of the market into developing regions where there is a growing demand for healthier food options.
US Reduced Salt Food Products Market is poised to grow at a sustainable CAGR for the next forecast year.
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Report ID: SQMIG30I2303