Micronized Salt Market to Register Steady Expansion During 2018 - 2028

Micronized salt are finest and smallest granules of salt. Micronized salt has such a fine structure that it attains high solubility. Micronized salts are designed in such a way that it can be blended easily with any food item and personal care products among others. Micronized salt has an estimated caking resistance of around 4 months, so in order to improve the caking resistance of micronized salts, it should be stored in a dry place, keeping humidity below 75%. Micronized salt is also used as a key ingredient in Halo therapy, also known as salt therapy. Salt therapy is a method of inhaling micronized salt air particles, these particles help in absorbing bacteria and pollutants from the lungs and thus providing a cleansing and an anti-inflammatory effect.

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According to USDA, the processed food industry is the prime revenue-generating sector globally. With the export of almost all kinds of processed preparation and meat products, the North America region is in substantial demand for ingredients to feed the industries. The salt is primarily used to increase shelf-life of meat and vegetables and as a flavoring agent. These two sectors are expanding into global markets which are anticipated to fuel demand for food grade salt to carter the demand. Micronized salt is majorly used in food industry due to its high purity and consistency, this with a high demand of food grade salt in processed food and beverage industry is expected to drive the micronized salt market over the forecast period. Global beef and veal production market are forecast to witness a growth of about 2% in 2018, to 62.6 million tons, and Brazil, along with the US is anticipated to contribute half of the growth to the global market. Brazil and Argentina are among the top four countries which are expected to assist in the extension of global exports of beef and veal market in 2018, which is forecast 3% higher than 2017. Micronized salt enables creating an anti-microbial environment for the processed meat products and also dehydrates the processed meat product. Micronized salt is the purest form of a salt which performs the preserving functionalities of the salt with utmost perfection, owing to such properties the demand of the micronized salt is expected to grow significantly over the forecast period.

On the basis of Grade, the global Micronized Salt market has been segmented as – Purity 98% – 99.5%, Purity Above 99.5%

On the basis of Application, the global Micronized Salt market has been segmented as – Bakery & Confectionery Products,Meat, Poultry & Sea Foods, Milk & Dairy Products,Beverages,Canned/ Preserved Fruits, Vegetables, Personal Care and Cosmetics,Others.

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Some of the key players operating in the global micronized salt market are: Cargill Inc, TATA Chemicals Ltd., Morton Salt, Inc. (A K+S Group Company), INEOS Ltd., Akzo Nobel N.V., British Salt Limited, Dominion Salt Ltd., Compass Minerals America, Inc., Wilson Salt Company, ICL Group, J.C. Peacock & Co. Ltd , ITC Ltd. (Aashirvaad), Ahir Salt Industries, Sundar Chemicals Pvt. Ltd, Keya Foods, Nahta Salt & Chemicals Pvt. Ltd, GHCL Limited, Ankur Chemfood Ltd., Kutch Brine Chem Industries and Marico Limited (Saffola) among others.

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This release was published on openPR.