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Global Food Salt Market – Industry Trends and Forecast to 2031

Food & Beverage | Upcoming Report | Jul 2024 | Global | 350 Pages | No of Tables: 220 | No of Figures: 60

COVID-19 Impact on U.S. Gourmet Salt Market in the Food and Beverages Industry COVID-19 Impact on Food Micronized Salt Market in Food and Beverages Industry

Report Description

Global Food Salt Market, By Type (Gourmet Salt, Rock Salt, Salt in Brine, Vaccum Pan Salt, Solar Salt, and Other), Source (Brine, and Salt Mines), Application (Chemical Processing, De-icing, Water Treatment, Oil and Gas, Agriculture, Flavoring Agent, Confectionary, Bakery, Meat and Poultry, Sea Food, Sauces and Savouries, and Others) – Industry Trends and Forecast to 2031.


Food Salt Market Analysis and Size

Preserving food with salt is a critical application within the food salt market. Salt functions as a natural preservative by reducing moisture content in foods, thereby inhibiting the growth of bacteria, yeast, and mold that lead to spoilage. This preservation method has been utilized for centuries in curing meats, fish, and vegetables, and in pickling fruits and vegetables. Creating an environment hostile to microbial growth, salt effectively extends the shelf life of perishable foods, ensuring their safety and quality over extended periods without the need for refrigeration or other advanced preservation methods.

The global food salt market size was valued at USD 34.07 billion in 2023 and is projected to reach USD 42.49 billion by 2031, with a CAGR of 2.8% during the forecast period of 2024 to 2031.  In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.

Report Scope and Market Segmentation       

Report Metric

Details

Forecast Period

2024-2031

Base Year

2023

Historic Years

2022 (Customizable to 2016-2021)

Quantitative Units

Revenue in USD Billion, Volumes in Units, Pricing in USD

Segments Covered

Type (Gourmet Salt, Rock Salt, Salt in Brine, Vaccum Pan Salt, Solar Salt, and Other), Source (Brine, and Salt Mines), Application (Chemical Processing, De-icing, Water Treatment, Oil and Gas, Agriculture, Flavoring Agent, Confectionary, Bakery, Meat and Poultry, Sea Food, Sauces and Savouries, and Others)

Countries Covered

U.S., Canada, Mexico, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherland, 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 (APAC), Brazil, Argentina, Rest of South America, U.A.E., Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa (MEA)

Market Players Covered

Alaska Pure Sea Salt Company (U.S.), Maldon Crystal Salt Company Ltd. (U.K.), Morton Salt, Inc. (U.S.), Cargill, Incorporated (U.S.), Krishna Engineering Works (India), Padmavati Salt (India), Nahta Salt & Chemicals Pvt Ltd (India), Amagansett Sea Salt LLC (U.S.), CK Life Sciences Int'l. (Holdings) Inc. (Hong Kong), Infosa (Spain), Kalahari Pristine Salt Worx (South Africa), Murray River Salt (Australia), SAN FRANCISCO SALT CO (U.S.), BASF SE (Germany), Atisale Spa (Italy), Akzo Nobel N.V. (Netherlands), CIECH S.A. (Poland), Hoosier Hill Farm (U.S.), MITSUI & CO., LTD. (Japan), INEOS (U.K.)

Market Opportunities

  • Growing Innovations in Tofu Products
  • Rising Vegan Population

Market Definition

Food salt refers to salt that is specifically used in food preparation and consumption. It is primarily sodium chloride, a mineral essential for human health and flavor enhancement in food. Food salt can be sourced from various sources such as sea water, rock salt deposits, or mined salt. It is used in cooking, baking, seasoning, and preserving food, playing a crucial role in both taste and food safety.

Food Salt Market Dynamics

Drivers

  • Rise in Population Growth

As the global population expands, particularly in urban areas, there is a corresponding increase in the consumption of processed and convenience foods that rely on salt for flavor enhancement, preservation, and texture improvement. Urbanization leads to lifestyle changes and greater reliance on packaged and ready-to-eat foods, where salt is a crucial ingredient. Moreover, population growth drives food production and manufacturing activities, further boosting the demand for salt as a key component in food processing. Thus, as population numbers rise, so does the demand for salt across various segments of the food industry.

  • Growing Food Industry

As the global population expands and urbanizes, there is increasing demand for processed and convenience foods. Salt plays a crucial role in enhancing flavors, extending shelf life, and ensuring food safety in these products. Moreover, the rise of food manufacturing and processing sectors worldwide requires salt for various applications such as curing, pickling, and seasoning. The food industry's continuous expansion creates a steady demand for salt as a fundamental ingredient, driving production, innovation in salt products, and adaptation to meet evolving consumer preferences and regulatory standards.

Opportunities

  • Growing Change in Consumer Preferences

The growing preference for salts perceived as healthier, such as sea salts and Himalayan pink salt, which are considered less processed and potentially richer in minerals. Moreover, consumers are seeking out clean-label products with minimal additives, influencing manufacturers to innovate and offer salts that align with these preferences. This shift is prompting the market to diversify and cater to varying consumer demands, driving competition and product differentiation in the food salt industry.

  • Increasing Technological Advancements

Advanced technologies are enhancing salt production efficiency, quality control, and sustainability across the industry. Innovations in salt mining, refining, and processing techniques are improving yields and reducing environmental impact. Furthermore, technological advancements in packaging and logistics ensure salt products reach consumers in optimal condition, preserving quality and shelf life. In food processing, advanced techniques are being employed to better incorporate salt into products while maintaining taste profiles and meeting health and regulatory standards.

Restraints/Challenges

  • Regulatory Constraints

Governments worldwide are implementing stringent regulations and guidelines aimed at reducing sodium intake due to its association with health issues such as hypertension and cardiovascular diseases. These regulations limit the permissible levels of salt in processed foods, which are major consumers of food salt. Compliance with these standards requires food manufacturers to reformulate products with lower salt content or explore alternative ingredients and technologies, impacting traditional salt usage patterns.

  • High Environmental Impact

Salt production, particularly from natural sources such as salt marshes and coastal areas, can disrupt fragile ecosystems and habitats. Extraction processes may lead to soil degradation, water salinization, and alteration of local biodiversity. Additionally, energy-intensive methods used in salt refining and transportation contribute to carbon emissions and environmental pollution. Concerns over these ecological impacts are prompting stricter regulatory measures and sustainability initiatives within the industry, necessitating investments in eco-friendly practices and technologies.

This market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized 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 the market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.

Impact and Current Market Scenario of Raw Material Shortage and Shipping Delays

Data Bridge Market Research offers a high-level analysis of the market and delivers information by keeping in account the impact and current market environment of raw material shortage and shipping delays. This translates into assessing strategic possibilities, creating effective action plans, and assisting businesses in making important decisions.

Apart from the standard report, we also offer in-depth analysis of the procurement level from forecasted shipping delays, distributor mapping by region, commodity analysis, production analysis, price mapping trends, sourcing, category performance analysis, supply chain risk management solutions, advanced benchmarking, and other services for procurement and strategic support.

Expected Impact of Economic Slowdown on the Pricing and Availability of Products

When economic activity slows, industries begin to suffer. The forecasted effects of the economic downturn on the pricing and accessibility of the products are taken into account in the market insight reports and intelligence services provided by DBMR. With this, our clients can typically keep one step ahead of their competitors, project their sales and revenue, and estimate their profit and loss expenditures.

Recent Developments

  • In May 2023, Cargill expanded its specialty and evaporated food salt solutions in Europe through a collaboration with CIECH Group. This strategic move enhances Cargill's position in the European food salt market by offering a broader range of products tailored to meet the diverse needs of food manufacturers. This expansion aims to capitalize on the growing demand for specialty salts in food processing, highlighting Cargill's commitment to innovation and market leadership in the region
  • In December 2022, CIECH Soda Polska secured a long-term supply agreement with Inowrocław Salt Mines "Solino" for brine, strengthening its production capabilities in Poland. This agreement ensures a stable supply of essential raw materials for CIECH Soda Polska's operations, supporting its position as a key player in the European salt market. The collaboration underscores the importance of reliable sourcing strategies to meet market demands effectively and sustainably
  • In April 2022, Tata Salt launched Tata Salt Immuno, a pioneering product in the Indian edible salt segment fortified with zinc alongside mandated iodization. This innovation addresses consumer demand for health-enhancing salt products, specifically targeting immune system support. Tata Salt's launch reflects ongoing advancements in salt formulation to cater to evolving health trends and consumer preferences in India's competitive salt market
  • In May 2021, Tanteo Tequila launched flavored margarita salts to complement its tequila expressions, enhancing consumer experience and taste profiles. These specialty salts cater to the beverage industry's demand for innovative flavor-enhancing products, aligning with the growing trend towards premium and customizable cocktails. Tanteo's initiative underscores the expanding applications of flavored salts beyond traditional food uses, tapping into niche markets to differentiate its brand offerings

Food Salt Market Scope

The market is segmented on the basis of type, source, and application. The growth among segments helps you analyse niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.

Type

  • Gourmet Salt

    • Sel Gris
    • Flakey Salt
    • Himalayan Salt
    • Fleur De Sel
    • Specialty Salt
    • Other

  • Rock Salt
  • Salt in Brine
  • Vaccum Pan Salt
  • Solar Salt
  • Other

Source

  • Brine
  • Salt Mines

Application

  • Chemical Processing
  • De-icing
  • Water Treatment
  • Oil and Gas
  • Agriculture
  • Flavoring Agent
  • Confectionary
  • Bakery
  • Meat and Poultry
  • Sea Food
  • Sauces and Savouries
  • Others

Food Salt Market Regional Analysis/Insights

The market is analyses and market size, volume information is provided by country, type, source, and application as referenced above.

The countries covered in the market report are 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 (APAC), Brazil, Argentina, Rest of South America, U.A.E., Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa(MEA).

Asia-Pacific dominates the market due to emerging economies within the region, such as India and China, are experiencing rapid urbanization and industrialization, leading to a surge in the consumption of processed foods. As lifestyles change and disposable incomes rise, there is a growing preference for convenience foods, which are heavily reliant on salt for flavor enhancement and preservation. Additionally, the food processing industry in Asia-Pacific is expanding rapidly to meet the demand for packaged and ready-to-eat meals, further boosting the consumption of food salt in the region. This trend is expected to continue during the forecast period as these factors persist and intensify.

North America is expected to experience growth in the market driven by shifting consumer preferences towards healthier and cleaner food options. Stringent food regulations and increasing awareness about the quality and origin of ingredients are also influencing this trend. Consumers are seeking products that are sustainably sourced and free from additives, driving demand for premium salts such as sea salts and specialty salts. This trend is expected to fuel innovation and expansion within the North America salt market, catering to evolving dietary preferences and regulatory requirements.

The country section of the report also provides individual market impacting factors and changes in regulations in the market domestically that impacts the current and future trends of the market. Data points such as down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the 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.   

Competitive Landscape and Food Salt Market Share Analysis

The 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 market.

Some of the major players operating in the market are:

  • Alaska Pure Sea Salt Company (U.S.)
  • Maldon Crystal Salt Company Ltd. (U.K.)
  • Morton Salt, Inc. (U.S.)
  • Cargill, Incorporated (U.S.)
  • Krishna Engineering Works (India)
  • Padmavati Salt (India)
  • Nahta Salt & Chemicals Pvt Ltd (India)
  • Amagansett Sea Salt LLC (U.S.)
  • CK Life Sciences Int'l. (Holdings) Inc. (Hong Kong)
  • Infosa (Spain)
  • Kalahari Pristine Salt Worx (South Africa)
  • Murray River Salt (Australia)
  • SAN FRANCISCO SALT CO (U.S.)
  • BASF SE (Germany)
  • Atisale Spa (Italy)
  • Akzo Nobel N.V. (Netherlands)
  • CIECH S.A. (Poland)
  • Hoosier Hill Farm (U.S.)
  • MITSUI & CO., LTD. (Japan)
  • INEOS (U.K.)


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