Australia Sodium Reduction Ingredients Market Report and Forecast 2024-2032

Australia Sodium Reduction Ingredient Market Outlook

The Australia sodium reduction ingredient market size reached USD 80.54 million in 2023. The market is expected to grow at a CAGR of 4.87% between 2024 and 2032, reaching USD 122.55 million by 2032.

Key Takeaways

• According to the USDA, Australians are increasingly purchasing higher-quality, fresher selections of bread and baked goods, such as pretzels, sourdough, ciabatta, brioche, and baguettes, thereby propelling the Australia sodium reduction ingredient market.

• The USDA forecasts a 0.6 per cent rise in milk production for Australia in 2024, reaching 8.50 million metric tons (MMT), which is expected to stimulate growth in the country's sodium reduction market to produce dairy and frozen products.

• The Australian Bureau of Statistics reports a 2.4% rise in seasonally adjusted red meat production and a 1.1% increase in chicken meat production for the December 2023 quarter, which is expected to drive up demand for sodium reduction ingredients.

Dairy and frozen foods contribute to the Australia sodium reduction ingredient market growth as consumers increasingly seek products with lower sodium levels, reflecting a rising awareness of health-conscious dietary habits

Sodium reduction ingredients in dairy and frozen foods provide a healthier choice by reducing salt levels, preserving taste, promoting heart health, accommodating dietary needs, fulfilling consumer preferences, and adhering to regulatory standards.

In bakery and confectionery products, these ingredients deliver healthier options with decreased salt, balanced taste, suitability for dietary needs, weight control benefits, health improvements, marketing advantages, and regulatory conformity.

As reported by the Australian Bureau of Statistics, approximately 11.6% or 3.0 million individuals disclosed hypertension in 2022, leading to an increased demand for low-sodium food options and subsequently driving growth in the Australia sodium reduction ingredient market.

Market Segmentation

Australia Sodium Reduction Ingredient Market Report and Forecast 2024-2032 offers a detailed analysis of the market based on the following segments:

Market Breakup by Product Type

• Amino Acid

• Yeast Extract

• Mineral Blends

• Potassium Sulphate

• Potassium Lactate

• Magnesium Sulphate

• Potassium Chloride

• Calcium Chloride

• Others

Market Breakup by Application

• Dairy and Frozen Foods

• Bakery and Confectionery 

• Meat and Meat Products

• Snacks

• Condiments, Seasonings and Sauces

• Others

Market Breakup by Region

• New South Wales

• Victoria

• Queensland

• Australian Capital Territory

• Western Australia

• Others

The Australia sodium reduction ingredient market key players are DSM Nutritional Products Australia Pty Ltd., Givaudan Australia Pty Ltd., Sensient Technologies Corporation, and Kerry Group plc among others. 

Key Highlights of the Report