LAMEA Reduced Salt Food Products Market

LAMEA Reduced Salt Food Products Market Size, Share & Industry Trends Analysis Report By Type (Snacks, Meat, Poultry, & Seafood and others), By Distribution Channel (Offline and Online), By Country and Growth Forecast, 2022 - 2028

Report Id: KBV-11554 Publication Date: September-2022 Number of Pages: 74
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Market Report Description

The Latin America, Middle East and Africa Reduced Salt Food Products Market would witness market growth of 7.6% CAGR during the forecast period (2022-2028).

As a food additive, sodium serves a variety of functions, including preserving food, improving flavors, keeping the moisture, and curing meat. As a result, sodium is a crucial component of packaged meals. Sodium sources found in some common food additives, such as monosodium glutamate, sodium bicarbonate, sodium nitrite, and sodium benzoate contribute to consumers' overall sodium intake.

Customers are therefore cautious about sacrificing the flavor and quality of food. By systematically re-formulating items and employing salt replacements, like potassium salt, many vendors are embracing salt reduction. By employing more herbs and spices, vendors are attempting to reduce or replace the usage of salt. Additionally, they are experimenting with salt replacements, such as potassium salt, which is found naturally within milk, fruits, vegetables, cereals, and other foods.

Furthermore, the potassium salt is being used more and more as a salt alternative since nutritional recommendations support its use. The target population's requirement and consumption of food items with low salt content are anticipated to fuel growth. Numerous activities aimed at reducing sodium content are being carried out by various governments, and they are predicted to offer the industry's players prospects for expansion.

African people consume a lot of salt and have the highest prevalence of hypertension as well. According to the National Library of Medicine, with nearly half of adults over the age of 25 having hypertension as a diagnosis and possibly more adults suffering from undiagnosed, untreated, and uncontrolled hypertension, Africa has the highest prevalence of hypertension. Over the past 40 years, hypertension has become more common in Ghana. A substantial burden of hypertension is similarly shared by South Africa (SA).

The Brazil market dominated the LAMEA Reduced Salt Food Products Market by Country in 2021; thereby, achieving a market value of $7.3 Billion by 2028. The Argentina market is anticipated to grow at a CAGR of 8.1% during (2022 - 2028). Additionally, The UAE market would experience a CAGR of 7.3% during (2022 - 2028).

Based on Type, the market is segmented into Snacks, Meat, Poultry, & Seafood and others. Based on Distribution Channel, the market is segmented into Offline and Online. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.

Free Valuable Insights: The Global Reduced Salt Food Products Market is Predict to reach $431.1 Billion by 2028, at a CAGR of 5%

The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include General Mills, Inc., Nestle S.A., PepsiCo, Inc., The Kraft Heinz Company, Hormel Foods Corporation, Maple leaf foods, Inc., Tyson Foods, Inc., Conagra Brands, Inc., Kellogg Company, Smithfield Foods, Inc.

Scope of the Study

Market Segments Covered in the Report:

By Type

  • Snacks
  • Meat, Poultry, & Seafood
  • Others

By Distribution Channel

  • Offline
  • Online

By Country

  • Brazil
  • Argentina
  • UAE
  • Saudi Arabia
  • South Africa
  • Nigeria
  • Rest of LAMEA

Key Market Players

List of Companies Profiled in the Report:

  • General Mills, Inc.
  • Nestle S.A.
  • PepsiCo, Inc.
  • The Kraft Heinz Company
  • Hormel Foods Corporation
  • Maple leaf foods, Inc.
  • Tyson Foods, Inc.
  • Conagra Brands, Inc.
  • Kellogg Company
  • Smithfield Foods, Inc.
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