The Brazil Sodium Reduction Ingredients Market report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides an in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies. We analyzed the impact of COVID-19 (Corona Virus) on the product industry chain based on the upstream and downstream markets, on various regions and major countries and on the future development of the industry are pointed out.
Brazil Sodium Reduction Ingredient Market is projected to reach a CAGR of 3.78% during the forecast period 2020-2025.
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The 90 Pages report presents the market competitive landscape and a corresponding detailed analysis of the major vendor/key players in the market. Top Companies in Brazil Sodium Reduction Ingredients Market: Biospringer, Tate & Lyle Plc, Givaudan SA, Sensient Technologies Corp, Kerry Group Plc, Corbion NV
– Growth in the food industry, especially the packaged and processed food segments, increases the consumption of sodium, among the consumers in Brazil. To reduce this high consumption, the manufacturers are making products that are tasty and healthy, but with less sodium content. ?
– The demand for these products in the region is likely to witness rapid growth as countries, such as Brazil and Argentina with a large population of hypertensive individuals that have been advised to either cut down on or completely eliminate their sodium intake would be instrumental in propelling growth for SRI.
Increasing Demand of Low-Sodium Table Salt is Likely to Fuel the Market Growth
Low-sodium foods have become an important part of consumer habits in the country. The young population of the country is much more emphasizing on the use of health-conserving products due to their transforming lifestyles. The patients of acute hypertension in Brazil are increasingly opting for food and beverage products that claim to be low in sodium content and Moreover, the use of table salt that has less of the sodium component is being encouraged in the country to reduce the chances of electrolyte imbalance condition among the locals.
Mineral Salts holds a Prominent Share in the Market Studied
Mineral salts, such as potassium chloride, magnesium sulfate, calcium chloride, and potassium lactate, among others, are widely used as SRIs, owing to their widespread availability and potential to replace normal salt in terms of its functionalities and taste. ?Furthermore, food manufacturers use different mineral salts when they are formulating low-sodium or reduced-sodium products. This salt substitute provides a seasoning alternative for manufacturers looking to reduce sodium, while also maintaining flavor by using salts, like potassium chloride, to imitate salt (sodium chloride) in food products, which in turn boosting the sodium reduction ingredients market in Brazil.
The key players in this market have been involved in the process of developing a range of customized solutions to target the specific needs of the food manufacturers and consumer health. Thus, the sodium reduction ingredients market has been gaining more global presence and acceptance among authorities. Some of the major key players in the sodium reduction ingredients market in Brazil include Biospringer, Tate & Lyle Plc, Sensient Technologies Corp, Givaudan SA among others.
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Key Strategic Developments: The study also includes the key strategic developments of the market, comprising R&D, new product launch, M&A, agreements, collaborations, partnerships, joint ventures, and regional growth of the leading competitors operating in the market on regional scale.
Analytical Tools: The Brazil Sodium Reduction Ingredients Market Report includes the accurately studied and assessed data of the key industry players and their scope in the market by means of a number of analytical tools. The analytical tools such as Porter’s five forces analysis, SWOT analysis, feasibility study, and investment return analysis have been used to analyze the growth of the key players operating in the market.
Key Market Features: The report evaluated key market features, including revenue, price, capacity, capacity utilization rate, gross, production, production rate, consumption, import/export, supply/demand, cost, market share, CAGR, and gross margin. In addition, the study offers a comprehensive study of the key market dynamics and their latest trends, along with pertinent market segments and sub-segments.
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