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Global Low Sodium Snack Market to reach USD 3.55 billion by 2027.

Global Low Sodium Snack Market to reach USD 3.55 billion by 2027.

Product Code: OIRFB-86218123
Publish Date: 11-07-2021
Page: 200

Global Low Sodium Snack Market is valued approximately at USD 1.60 Billion in 2020 and is anticipated to grow with a healthy growth rate of more than 12.10% over the forecast period 2021-2027. The global Low Sodium Snack market is gaining popularity among the health conscious consumers due to the awareness about the side effects of consuming sodium. The market is being driven by growing high blood pressure patients globally that is generally caused by the consumption of sodium. For instance, according to the cdc.gov 2020 data, in USA, around 45% people have hypertension defined as high blood pressure. Also, according to the World Health Organization 2021 data, around 1.13 billion people have hypertension. The rising introduction of new products by the companies is the other driving factor for the market. For instance, in 2020, Salarius Ltd. launched its full of flavour-low sodium SaltMe!® snack line in North America. Likewise, in 2020, Savory snacks launched, kokumi sodium-reduction snacks with fermentation and more flavors. Furthermore, the expanding online retailing and increase in awareness regarding healthy food diet will provide new opportunities for the global Low Sodium Snack industry. However, high prices of healthy food products may impede market growth over the forecast period of 2021-2027.

The major regions such as Asia Pacific, North America, Europe, Latin America, and Rest of the World are segmented for regional analysis of the global Low Sodium Snack Market. Asia Pacific is the leading region across the world in terms of market share and is also anticipated to exhibit the highest CAGR over the forecast period 2021-2027 due to growing diseases among the population, developed food industry and unhealthy lifestyle have stimulated product demand in the region.

Major market player included in this report are:
General Mills Inc
Mondelez International
Hormel Foods Corporation
Select Harvests Limited
Tyson Foods Inc
B&G Foods
Hain Celestial

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Product Type:
Sweet Potato Chips
Roasted Sweet and Salty Chickpeas
Olive Oil Popcorn
Granola Bars
Baked Beet Chips
Zucchini Chips
By Sales Channel:
Hypermarket and Supermarket
Food Specialty Store
Convenience Store

By Region:
North America

Asia Pacific
South Korea
Latin America
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2018, 2019
Base year – 2020
Forecast period – 2021 to 2027.

Target Audience of the Global Low Sodium Snack Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers

Chapter 1. Executive Summary
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2019-2027 (USD Billion)
1.2.1. Carotenoids Market, by Region, 2019-2027 (USD Billion)
1.2.2. Carotenoids Market, by Product Type, 2019-2027 (USD Billion)
1.2.3. Carotenoids Market, by Sales Channel , 2019-2027 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. Global Carotenoids Market Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Scope of the Study
2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
Chapter 3. Global Carotenoids Market Dynamics
3.1. Carotenoids Market Impact Analysis (2019-2027)
3.1.1. Market Drivers Growing high blood pressure patients globally Rising introduction of new products by the companies
3.1.2. Market Restraint High prices of healthy food products
3.1.3. Market Opportunities Expanding online retailing Increase in awareness regarding healthy food diet
Chapter 4. Global Carotenoids 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 (2018-2027)
4.2. PEST Analysis
4.2.1. Political
4.2.2. Economical
4.2.3. Social
4.2.4. Technological
4.3. Investment Adoption Model
4.4. Analyst Recommendation & Conclusion
Chapter 5. Global Carotenoids Market, by Product Type
5.1. Market Snapshot
5.2. Global Carotenoids Market by Product Type, Performance – Potential Analysis
5.3. Global Carotenoids Market Estimates & Forecasts by Product Type 2018-2027 (USD Billion)
5.4. Carotenoids Market, Sub Segment Analysis
5.4.1. Sweet Potato Chips
5.4.2. Roasted Sweet and Salty Chickpeas
5.4.3. Olive Oil Popcorn
5.4.4. Granola Bars
5.4.5. Baked Beet Chips
5.4.6. Zucchini Chips
Chapter 6. Global Carotenoids Market, by Sales Channel
a. Market Snapshot
6.1. Global Carotenoids Market by Sales Channel, Performance – Potential Analysis
6.2. Global Carotenoids Market Estimates & Forecasts by Sales Channel 2018-2027 (USD Billion)
6.3. Carotenoids Market, Sub Segment Analysis
6.3.1. Hypermarket and Supermarket
6.3.2. Food Specialty Store
6.3.3. Convenience Store
6.3.4. Online
6.3.5. Others
Chapter 7. Global Carotenoids Market, Regional Analysis
7.1. Carotenoids Market, Regional Market Snapshot
7.2. North America Carotenoids Market
7.2.1. U.S. Carotenoids Market Product Type breakdown estimates & forecasts, 2018-2027 Sales Channel breakdown estimates & forecasts, 2018-2027
7.2.2. Canada Carotenoids Market
7.3. Europe Carotenoids Market Snapshot
7.3.1. U.K. Carotenoids Market
7.3.2. Germany Carotenoids Market
7.3.3. France Carotenoids Market
7.3.4. Spain Carotenoids Market
7.3.5. Italy Carotenoids Market
7.3.6. Rest of Europe Carotenoids Market
7.4. Asia-Pacific Carotenoids Market Snapshot
7.4.1. China Carotenoids Market
7.4.2. India Carotenoids Market
7.4.3. Japan Carotenoids Market
7.4.4. Australia Carotenoids Market
7.4.5. South Korea Carotenoids Market
7.4.6. Rest of Asia Pacific Carotenoids Market
7.5. Latin America Carotenoids Market Snapshot
7.5.1. Brazil Carotenoids Market
7.5.2. Mexico Carotenoids Market
7.6. Rest of The World Carotenoids Market
Chapter 8. Competitive Intelligence
8.1. Top Market Strategies
8.2. Company Profiles
8.2.1. General Mills Inc Key Information Overview Financial (Subject to Data Availability) Product Summary Recent Developments
8.2.2. Mondelez International
8.2.3. PepsiCo
8.2.4. Kind
8.2.5. Hormel Foods Corporation
8.2.6. Select Harvests Limited
8.2.7. Tyson Foods Inc
8.2.8. Nestle
8.2.9. B&G Foods
8.2.10. Hain Celestial
Chapter 9. Research Process
9.1. Research Process
9.1.1. Data Mining
9.1.2. Analysis
9.1.3. Market Estimation
9.1.4. Validation
9.1.5. Publishing
9.2. Research Attributes
9.3. Research Assumption

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Data Collection:
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Data Analysis:
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Market Size Estimation:
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To estimate and validate the market size, we employ both top-down and bottom-up approaches. The preference is given to a bottom-up approach, where key regional markets are analyzed as separate entities. This data is then integrated to obtain global estimates. This approach is crucial as it provides a deep understanding of the industry and helps minimize errors.
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Market driving trends and favorable economic conditions
Restraints and challenges that are expected to be encountered during the forecast period.
Anticipated opportunities for growth and development
Technological advancements and projected developments in the market
Consumer spending trends and dynamics
Shifts in consumer preferences and behaviors.
The current state of raw materials and trends in supply versus pricing
Regulatory landscape and expected changes or developments.
The existing capacity in the market and any expected additions or expansions up to the end of the forecast period.
To assess the market impact of these parameters, we assign weights to each one and utilize weighted average analysis. This process allows us to quantify their influence on the market and derive an expected growth rate for the forecasted period. By considering these various factors and applying a weighted analysis approach, we strive to provide accurate and reliable market forecasts.
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