The U.S. Gourmet Salt Market is expected to grow with the CAGR of 5.8% in the forecast period of 2021 to 2028. The years considered for study are as mentioned below:
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The U.S. gourmet salt market is a highly consolidated market which includes specific number of key players as well as local players. The market has witnessed increased strategic developments owing to favourable market scenario.
The major players dealing in the U.S. gourmet salt market are introducing strong range of product portfolio. This has helped the companies to maximize the sales with enhanced product portfolio. For instance, In June 2019, Salty Wahine has won an award at Artisan Flave Award for the Salty Wahine’s Hot Lava which is spicy and smoky garlic salt. This award achievement will help Salty Wahine to promote its product and company all around the country and will help set more strong consumer base.
Morton Salt, Inc. is the dominating player in the U.S. gourmet salt market. The other key players included in the gourmet salt market are Salty Wahine, Golden Grove Global LLC, Amagansett Sea Salt Co., Maldon Crystal Salt Company, Alaska Pure Sea Salt Company, Selina Naturally, Maine Sea Salt Company, Hawaii Kai, The Meadow, Alaska Salt Co., Cargill, Incorporated, Salt works, San Francisco Salt Co, The Marblehead Salt Co. LLC, B&G Foods, Inc. among others.
Morton Salt, Inc.:
Morton Salt, Inc. is headquartered in Illinois, U.S. and was founded in 1848. The main focus of the company is to provide salt in various sectors such as food services, pharmaceuticals, agriculture and culinary among others to improve lives and enhance everyday moments and to build sustainable future. The company provides wide range of products under categories such as bulk deicing, food manufacturing, food service, general industrial, pharmaceutical, agricultural, oil & gas, culinary, salt water pool, snow & ice melt and water softening among which culinary is the market focused category.
For instance,
- In October 2020, Morton Salt, Inc. has collaborated with Chase Design Group to unveil new packaging for its products and to develop premium visual designs. This new packaging has also labelled how to recycle to educate the consumers. This launch of new packaging will help Morton Salt, Inc. to boost the sales by attracting consumers.
The company has presence in the U.S.
Cargill, Incorporated:
Cargill, Incorporated is headquartered in Minneapolis, U.S. which was founded in 1865. The company is engaged in processing agricultural commodities into high quality food ingredients which provides an edge in making products that satisfy consumers across the globe. The company offers wide range of products under categories in agriculture, animal nutrition, beauty, bio industrial, food & beverage, foodservice, industrial, pharmaceutical, meat & poultry, transportation and risk management where food & beverage is the market focused category.
For instance,
- In January 2021, Cargill, Incorporated launched new purified sea salt flour into the market. This specialty, powder-type sea salt was created to help food manufacturers bring their products to the next level into the market.
The company has a presence in Europe, Middle East and Africa, Asia-Pacific, South America and North America.
SAN FRANCISCO SALT CO:
SAN FRANCISCO SALT CO is headquartered in California, U.S. which was founded in 2002. The company is majorly engaged in bringing supply chain transparency to consumers and in bringing unique flavors of salt on dinner table. The company offers various products under categories such as pure unflavoured, smoked, bulk and classic flavor blends.
For instance,
- In December 2017, SAN FRANCISCO SALT CO launched New Salt Flavours named Herbs De Provence and Ghost Pepper flavored salts at Winter Fancy Food Show. These product launches are helping the company to expand its portfolio across the region.
The company has presence in the U.S.
