Global Low Sodium Snack Market, By Type (Sweet Potato Chips, Roasted Sweet and Salty Chickpeas, Olive Oil Popcorn, Granola Bars, Baked Beet Chips, Zucchini Chips), Sales Channel (Hypermarket and Supermarket, Food Specialty Store, Convenience Store, Online, Others), Country (U.S., Canada, Mexico, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Brazil, Argentina, Rest of South America, U.A.E, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa) Industry Trends and Forecast to 2028.
Market Analysis and Insights : Global Low Sodium Snack Market
Low sodium snack market is expected to gain market growth in the forecast period of 2021 to 2028. Data Bridge Market Research analyses the market to reach at an estimated value of USD 3.98 billion by 2028 and grow at a CAGR of 12.10% in the above-mentioned forecast period. Rise in the patients of high blood pressure acts as an essential factor driving the low sodium snack market.
A low sodium diet is a diet which includes no more than 1,500 to 2,400 mg of sodium per day. Low sodium snacks are defined as the type of snacks which are low in sodium and are generally preferred by the patients having high blood pressure problems.
Increase in the awareness regarding the healthy food among population acts as a vital factor escalating the market growth, also rise in the health issues among population due to unhealthy lifestyle has increased the demand for low sodium snacks, increase in the food and beverages industry and rise in the research and development activities are the major factors among others driving the low sodium snack market. Moreover, increase in the modernization in the new products offered in the market and increase in the demand from emerging economies will further create new opportunities for the low sodium snack market in the forecast period of 2021- 2028.
However, rise in cost of healthy food items and rise in the cost of research and development activities in the market acts as the major factors among others acting as restraints, and will further challenge the low sodium snack market in the forecast period.
Low sodium snack market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on low sodium snack market contact Data bridge market research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Low Sodium Snack Market Scope and Market Size
Low sodium snack market is segmented on the basis of type and sales channel. The growth among various segments helps in the better analyzation of growth and strategies for better vision of market.
- On the basis of type, low sodium snack market is segmented into sweet potato chips, roasted sweet and salty chickpeas, olive oil popcorn, granola bars, baked beet chips and zucchini chips.
- The low sodium snack market is also segmented on the basis of sales channel into hypermarket and supermarket, food specialty store, convenience store, online and others.
Low Sodium Snack Market Country Level Analysis
Low sodium snack market is analysed and market size insights and trends are provided by country, type and sales channel as referenced above.
The countries covered in low sodium snack market are U.S., Canada, Mexico in North America, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in Asia-Pacific (APAC), Brazil, Argentina, Rest of South America as a part of South America, UAE, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa(MEA) as a part of Middle East and Africa (MEA).
Asia-Pacific currently dominates and is expected to foster the low sodium snack market due to rise in the health issues among population due to unhealthy lifestyle has increased the demand for low sodium snacks, increase in the food and beverages industry and rise in the research and development activities in this region.
The country section of the low sodium snack market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Low Sodium Snack Market Share Analysis
Low sodium snack market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to low sodium snack market.
The major players covered in the low sodium snack market report are General Mills Inc, Mondelez International, PepsiCo, Kind, Hormel Foods Corporation, Select Harvests Limited, Tyson Foods Inc, Nestle, B&G Foods, Hain Celestial, Calbee and Kellogg Co among other domestic and global players. Market share data is available for Global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analyst understands competitive strengths and provides competitive analysis for each competitor separately.
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Research Methodology
Data collection and base year analysis are done using data collection modules with large sample sizes. The stage includes obtaining market information or related data through various sources and strategies. It includes examining and planning all the data acquired from the past in advance. It likewise envelops the examination of information inconsistencies seen across different information sources. The market data is analysed and estimated using market statistical and coherent models. Also, market share analysis and key trend analysis are the major success factors in the market report. To know more, please request an analyst call or drop down your inquiry.
The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market and primary (industry expert) validation. Data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Patent Analysis, Pricing Analysis, Company Market Share Analysis, Standards of Measurement, Global versus Regional and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
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