Food for Life Baking Co. announced in July 2021 that it would add low-sodium products to its offerings. There are a variety of saline-free products available, such as cereals, muffins, and tortillas.
According to FMI reports, the global reduced salt packaged foods market can soar at a rate CAGR of 5.5% from 2023–2033. The net worth of the market share of the reduced salt packaged foods industry is predicted from US$ 124.12 billion in 2023 to over US$ 212.01 billion by 2033.
Consumer spending power has increased as awareness of health issues has increased, and healthier choices have become more popular. Furthermore, the global market for minimal-salt food products is expected to grow over the forecast period as consumers become more aware of the dangers of eating sodium-rich foods.
A rising reputation for private label brands is another factor predicted to further cushion market growth. In recent years, the global market for reduced salt food products has grown significantly as consumers become more health conscious. Consumers are increasingly aware of the detrimental effects of high sodium consumption.
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As a result of consumer demand for low-salt foods and drinks, manufacturers have introduced reduced-salt products. The growth of the food industry, particularly packaged and processed foods, has also contributed to the increase in sodium consumption.
Manufacturers create tasty, healthy products with low sodium content as a way to reduce salt consumption among consumers. Different applications have different requirements for tastes, textures, and usage requirements when it comes to sodium levels and ingredients.
Key Takeaways from the Reduced Salt Packaged Foods Market Study
Competitive Landscape for the Reduced Salt Packaged Foods Market
The global market for reduced salt food products is highly fragmented due to the number of manufacturers on the market. Market leaders maintain their dominance by investing in research and development, incorporating innovative technology into their products, and releasing high-quality products. For example, they use alliances, agreements, mergers, and partnerships to maintain their leadership position.
PepsiCo, The Kraft Heinz Company, General Mills, Maple Leaf Foods, Kellogg’s, JBS, Tesco, Tyson Foods, Nestle, ConAgra Foods, Hormel Foods, Smithfield Foods, Cargill, and others, the market is growing and establishing a strong global presence.
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Recent Developments in the Reduced Salt Packaged Foods Market
Reduced Salt Packaged Foods Market Segmentation by Category
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Frequently Asked Questions
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Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market.
Mar 02, 2023