PUBLISHER: Bizwit Research & Consulting LLP | PRODUCT CODE: 1507257
PUBLISHER: Bizwit Research & Consulting LLP | PRODUCT CODE: 1507257
US Salt Substitute Market Size study, by Type, by Application Forecasts 2022-2032
US Salt Substitute Market is valued at approximately USD 234.20 million in 2023 and is anticipated to grow with a healthy growth rate of more than 5.54% over the forecast period 2024-2032. Salt substitute is designed to replace ordinary table salt (sodium chloride). Its main purpose is to lower sodium consumption, which is frequently advised for people with hypertension or cardiovascular disease. Potassium chloride is usually the primary element in these replacements, providing a salty taste without excessive amounts of sodium. They also contain other minerals or flavor enhancers to more closely resemble ordinary salt in flavor. Salt replacements assist in controlling blood pressure and lowering the risk of heart disease by dramatically lowering sodium levels. The most prevalent ingredient is potassium chloride, an important element that helps balance out the effects of salt on blood pressure. The rising focus on reduced sodium foods is a key trend that is supporting the growth of the US Salt Substitute Market. The food industry in the US is responding to consumer demand for reduced sodium options by incorporating salt substitutes in various products. This includes processed foods, snacks, condiments, and ready-to-eat meals that are marketed as healthier alternatives.
The increasing health consciousness among consumers as they are becoming more aware of the health risks associated with high sodium intake. This awareness has led to rising demand for salt substitutes as population are inclining alternatives that allow them to reduce sodium consumption without compromising on taste. Additionally, the prevalence of chronic diseases such as hypertension and cardiovascular issues has fueled the market, as individuals opt for low-sodium options to manage these conditions. Government initiatives and public health campaigns promoting healthy eating habits and reduced salt consumption further contribute to market expansion. Moreover, the growing preference for natural and organic ingredients has led to the development of salt substitutes made from natural sources, meeting consumer preferences. Continuous product innovation, retail expansion, the ageing population's increased demand for healthier choices, and supportive regulatory frameworks are contributing to the growth of the US Salt Substitute Market. Moreover, the US government has implemented various initiatives to encourage reduced sodium consumption. These include educational campaigns and potential future regulations on sodium content in processed foods. This creates a supportive environment for the Salt Substitute Market. However, health concerns regarding potassium and competition from substitute products are anticipated to impede market growth throughout the projected period of 2024-2032.
Major market players included in this report are:
- Cargill Inc.
- Innophos Holding Inc.
- Company 3
- Company 4
- Company 5
- Company 6
- Company 7
- Company 8
- Company 9
- Company 10
The detailed segments and sub-segment of the market are explained below:
By Type
- Mineral Salts
- Amino Acids
- Yeast Extracts
- Hydrolyzed Vegetable Protein
- Other Types
By Application
- Bakery and Confectionery
- Snacks
- Meat and Poultry
- Beverages
- Soups, Salads, Sauces, and Dressings
- Other Applications
Years considered for the study are as follows:
- Historical year - 2022
- Base year - 2023
- Forecast period - 2024 to 2032
Key Takeaways:
- Market Estimates & Forecast for 10 years from 2022 to 2032.
- Annualized revenues and Country level analysis for each market segment.
- Detailed analysis of geographical landscape with Country level analysis of major regions.
- Competitive landscape with information on major players in the market.
- Analysis of key business strategies and recommendations on future market approach.
- Analysis of competitive structure of the market.
- Demand side and supply side analysis of the market
Table of Contents
Chapter 1. US Salt Substitute Market Definition and Research Assumptions
- 1.1. Research Objective
- 1.2. Market Definition
- 1.3. Research Assumptions
- 1.3.1. Inclusion & Exclusion
- 1.3.2. Limitations
- 1.3.3. Supply Side Analysis
- 1.3.3.1. Availability
- 1.3.3.2. Infrastructure
- 1.3.3.3. Regulatory Environment
- 1.3.3.4. Market Competition
- 1.3.3.5. Economic Viability (Consumer's Perspective)
- 1.3.4. Demand Side Analysis
- 1.3.4.1. Regulatory frameworks
- 1.3.4.2. Technological Advancements
- 1.3.4.3. Environmental Considerations
- 1.3.4.4. Consumer Awareness & Acceptance
- 1.4. Estimation Methodology
- 1.5. Years Considered for the Study
- 1.6. Currency Conversion Rates
Chapter 2. Executive Summary
- 2.1. US Salt Substitute Market Size & Forecast (2022- 2032)
- 2.2. Segmental Summary
- 2.2.1. By Type
- 2.2.2. By Application
- 2.3. Key Trends
- 2.4. Recession Impact
- 2.5. Analyst Recommendation & Conclusion
Chapter 3. US Salt Substitute Market Dynamics
- 3.1. Market Drivers
- 3.2. Market Challenges
- 3.3. Market Opportunities
Chapter 4. US Salt Substitute Market Industry Analysis
- 4.1. Porter's 5 Force Model
- 4.1.1. Bargaining Power of Suppliers
- 4.1.2. Bargaining Power of Buyers
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
- 4.1.6. Futuristic Approach to Porter's 5 Force Model
- 4.1.7. Porter's 5 Force Impact Analysis
- 4.2. PESTEL Analysis
- 4.2.1. Political
- 4.2.2. Economical
- 4.2.3. Social
- 4.2.4. Technological
- 4.2.5. Environmental
- 4.2.6. Legal
- 4.3. Top investment opportunity
- 4.4. Top winning strategies
- 4.5. Disruptive Trends
- 4.6. Industry Expert Perspective
- 4.7. Analyst Recommendation & Conclusion
Chapter 5. US Salt Substitute Market Size & Forecasts by Type 2022-2032
- 5.1. Mineral Salts
- 5.2. Amino Acids
- 5.3. Yeast Extracts
- 5.4. Hydrolyzed Vegetable Protein
- 5.5. Other Types
Chapter 6. US Salt Substitute Market Size & Forecasts by Application 2022-2032
- 6.1. Bakery and Confectionery
- 6.2. Snacks
- 6.3. Meat and Poultry
- 6.4. Beverages
- 6.5. Soups, Salads, Sauces, and Dressings
- 6.6. Other Applications
Chapter 7. Competitive Intelligence
- 7.1. Key Company SWOT Analysis
- 7.2. Top Market Strategies
- 7.3. Company Profiles
- 7.3.1. Cargill Inc.
- 7.3.1.1. Key Information
- 7.3.1.2. Overview
- 7.3.1.3. Financial (Subject to Data Availability)
- 7.3.1.4. Product Summary
- 7.3.1.5. Market Strategies
- 7.3.2. Innophos Holding Inc.
- 7.3.1. Cargill Inc.
Chapter 8. Research Process
- 8.1. Research Process
- 8.1.1. Data Mining
- 8.1.2. Analysis
- 8.1.3. Market Estimation
- 8.1.4. Validation
- 8.1.5. Publishing
- 8.2. Research Attributes
LIST OF TABLES
- TABLE 1. US Salt Substitute Market, report scope
- TABLE 2. US Salt Substitute Market estimates & forecasts by Type 2022-2032 (USD Million)
- TABLE 3. US Salt Substitute Market estimates & forecasts by Application 2022-2032 (USD Million)
- TABLE 4. US Salt Substitute Market by segment, estimates & forecasts, 2022-2032 (USD Million)
- TABLE 5. US Salt Substitute Market by segment, estimates & forecasts, 2022-2032 (USD Million)
- TABLE 6. US Salt Substitute Market by segment, estimates & forecasts, 2022-2032 (USD Million)
- TABLE 7. US Salt Substitute Market by segment, estimates & forecasts, 2022-2032 (USD Million)
- TABLE 8. US Salt Substitute Market by segment, estimates & forecasts, 2022-2032 (USD Million)
- TABLE 9. U.S. Salt Substitute Market estimates & forecasts, 2022-2032 (USD Million)
- TABLE 10. U.S. Salt Substitute Market estimates & forecasts by segment 2022-2032 (USD Million)
- TABLE 11. U.S. Salt Substitute Market estimates & forecasts by segment 2022-2032 (USD Million)
- TABLE 12. List of secondary sources, used in the study of US Salt Substitute Market.
- TABLE 13. List of primary sources, used in the study of US Salt Substitute Market.
- TABLE 14. Years considered for the study.
- TABLE 15. Exchange rates considered
LIST OF FIGURES
- FIG 1. US Salt Substitute Market, research methodology
- FIG 2. US Salt Substitute Market, market estimation techniques
- FIG 3. US market size estimates & forecast methods.
- FIG 4. US Salt Substitute Market, key trends 2023
- FIG 5. US Salt Substitute Market, growth prospects 2022-2032
- FIG 6. US Salt Substitute Market, porters 5 force model
- FIG 7. US Salt Substitute Market, pestel analysis
- FIG 8. US Salt Substitute Market, value chain analysis
- FIG 9. US Salt Substitute Market by segment, 2022 & 2032 (USD Million)
- FIG 10. US Salt Substitute Market by segment, 2022 & 2032 (USD Million)
- FIG 11. US Salt Substitute Market by segment, 2022 & 2032 (USD Million)
- FIG 12. US Salt Substitute Market by segment, 2022 & 2032 (USD Million)
- FIG 13. US Salt Substitute Market by segment, 2022 & 2032 (USD Million)
- FIG 14. US Salt Substitute Market, company market share analysis (2023)
