Argentina Sodium Reduction Ingredient Market Analysis
The Argentina Sodium Reduction Ingredient Market is expected to register a CAGR of 3.34% during the forecast period.
- Argentina's Ministry of Health has since launched voluntary salt-reduction agreements with the leading producers of industrialized foods in the country. In a short time, more than 50 key producers agreed to reduce sodium levels over the coming years in 528 products, including cheese, cookies, pasta, sausages, and soups, as well as different types of bread. Bread consumption was responsible for over 25% of the total national sodium intake. Therefore this factor is driving the Argentina sodium reduction ingredient market.
Argentina Sodium Reduction Ingredient Market Trends
Argentina Government Regulation for Reduced Salt Intake
Argentina became the world's second country after South Africa to pass a comprehensive bill to reduce salt intake, the percentage of the national population adding salt to food after cooking or sitting at the table fell from 25% in 2009 to 17% in 2013. These and other findings of Argentina's Third National Survey of Risk Factors, launched in September 2014, indicate that 'Less salt, more life' is a well-designed public-private partnership that can broadly improve health. Therefore, this factor is expected to increase the infusion and application of sodium reduction ingredients in various food and beverage products being manufactured in the country, moreover driving the market forward in the country.
Increasing Application for Yeast Extract
Yeast extract is currently one of the most effective solutions on the market to reduce salt since it offers many taste properties to support the development of salt-reduced food and beverages. Used in very small quantity, yeast extract provides taste to soups, sauces, ready meals, and other savory food applications, just like spices do, and reduces that way the need for seasoning, salt included. There are many examples of everyday food products using yeast extract to reduce salts such as Bolognese sauce, chicken broth, or bacon-flavored snacks. Moreover, with the strict regulations government regulation pertaining to Argentina processed food industry to reduce salt in its products, it is expected to increase the application of yeast extract in the sodium reduction ingredients in the food and beverage products in Argentina.
Argentina Sodium Reduction Ingredient Industry Overview
Some of the major key players in the sodium reduction ingredients market, in Argentina, are includes AngelYeast Co., Lesaffre, Koninklijke DSM N.V., MUBY CHEMICALS, and ANMOL CHEMICALS. Most of these companies are either manufacturing their sodium reduction ingredient or importing them in the country.
Argentina Sodium Reduction Ingredient Market Leaders
AngelYeast Co.
Lesaffre
Koninklijke DSM N.V.
MUBY CHEMICALS
ANMOL CHEMICALS
- *Disclaimer: Major Players sorted in no particular order
