Gourmet Salts Market Absolute Analysis by Global Players - Irish Atlantic Sea Salts, Maine Sea Salts company, Marblehead Salts, Morton Salts, Devonshire Gourmet Sea Salts, Dominion, Saltsworks, Pyramid Salts, Murray River Salts, Maldon Crystal Salts, Info
Potential outlook in culinary & preserving applications along with increasing adoption of gourmet food in luxury restaurants globally will propel the gourmet salts market size. Enhancing taste, flavor and aroma in foods are the key properties stimulating industry growth.
Rising consumer spending on food & beverages due to changing lifestyle will drive the industry demand. Global food & beverage industry will surpass USD 9.5 trillion by 2024 growing at over 3.4%. Increasing product consumption in dressing and seasoning of foods will further support the product scope.
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High preservation and moisture retaining property has resulted in increasing applications in seafood & meat processing to improve the shelf-life. Global per capita fish consumption reached 20.5 kg per capita, with annual growth around 1% in 2016.
Increasing consumer health consciousness along with shifting preference for low sodium saline are the key factors driving the gourmet salts market growth. High product usage for curing in beauty centers & spas for personal care treatments enhanced the product demand. Rising health issues including hypertension, cardiovascular diseases, and high blood pressure will fuel the product penetration.
Fleur de sel holds 35% of the overall gourmet salts market share. Strong outlook in roasted meats, vegetables dishes and salads will support the product demand. High magnesium chloride and calcium content makes it beneficial for human consumption. High moisture absorption enhancing flavors to the taste buds will drive the demand.
Sel gris market was over 10 kilo tons in 2016. Increasing product usage as a finishing and cooking product owing to its coarse texture will drive the industry growth. It is moist, unrefined and considered as the best quality salt among professional chefs.
High availability of the gourmet salts variations including 84 distinct types of metal, elements and minerals enhanced the product demand. Expensive prices along with lack of product awareness are the major restraints of the gourmet salts market growth.
Meat & poultry demand is anticipated to worth around USD 510 million by 2024. Changing lifestyle and improved preservation technology in processed meat, fish and poultry will fuel the product demand. Rising demand as preservative for canned meats, hams, roasts, meatballs, and fish, enhances the gourmet salts market growth.
Bakery & confectionary market will witness over 8.5% CAGR up to 2024. High product acceptance owing to its superior properties including enhanced food taste, distinct flavor, appearance, color, and aroma will drive the revenue growth.
Europe, led by UK and Germany gourmet salts market is the fastest growing region, estimated to value over USD 724 million by 2024. Rising demand for processed food particularly in Italy, Spain, Germany and France will drive the regional industry growth.
Asia Pacific gourmet salt market, dominated by China is expected to witness growth over 7.5% up to 2024. Growing health awareness, increasing disposable income along with surging demand for processed food will support the industry demand.
The U.S. gourmet salts market was valued more than USD 217 million in 2016. Improved standard of living coupled with increasing commercialization in food industry though several promotions are the driving factors of the industry growth. Increasing consumer awareness about product benefits accompanied by expansion in food & beverage industry will propel the product demand.
Global gourmet salts market is competitive due to presence of regional industry players. High profit margins of the industry have encouraged manufacturers & vendors to expand production capacity and improve supply chain network. Some of the key industry players in gourmet salts market are Cargill, Morton, CK Life Sciences, Amagansett, Dominion, Irish Atlantic, Devonshire, Alaska Pure, Cargill, Murray, Marblehead, Infosa and Marblehead.
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TABLE 1 Gourmet salts industry 3600 synopsis, 2013 - 2024
TABLE 2 Gourmet salts market, 2013 - 2024, (Kilo tons) (Revenue)
TABLE 3 Global gourmet salts market estimates by region, 2013 - 2024 (Kilo tons) (Revenue)
TABLE 4 Global gourmet salts market estimates by product, 2013 - 2024 (Kilo tons) (Revenue)
TABLE 5 Global gourmet salts market estimates by application, 2013 - 2024 (Kilo tons) (Revenue)
TABLE 6 Industry ecosystem analysis
TABLE 7 Growth drivers
TABLE 8 Industry pitfalls & challenges
TABLE 9 Coarse saltss market estimates and forecast, 2013 – 2024, (Kilo tons) (USD Million)
TABLE 10 Coarse saltss market market estimates and forecast by region, 2013– 2024, (Kilo tons)
TABLE 11 Coarse saltss market estimates and forecast by region, 2013– 2024, (USD Million)
TABLE 12 Fleur de sel market estimates and forecast, 2013 – 2024, (Kilo tons) (USD Million)
TABLE 13 Fleur de sel market estimates and forecast by region, 2013– 2024, (Kilo tons)
TABLE 14 Fleur de sel market estimates and forecast by region, 2013– 2024, (USD Million)
TABLE 15 Flake salts market estimates and forecast from other active ingredients, 2013 – 2024, (Kilo tons) (USD Million)
TABLE 16 Flake salts market estimates and forecast from other active ingredients by region, 2013– 2024, (Kilo tons)
TABLE 17 Flake salts market estimates and forecast from other active ingredients by region, 2013– 2024, (USD Million)
TABLE 18 Sel gris market estimates and forecast, 2013 – 2024, (Kilo tons) (USD Million)
TABLE 19 Sel gris market estimates and forecast by region, 2013– 2024, (Kilo tons)
TABLE 20 Sel gris market estimates and forecast by region, 2013– 2024, (USD Million)
TABLE 21 Himalayan saltss market estimates and forecast, 2013 – 2024, (Kilo tons) (USD Million)
TABLE 22 Himalayan saltss market estimates and forecast by region, 2013– 2024, (Kilo tons)
TABLE 23 Himalayan saltss market estimates and forecast by region, 2013– 2024, (USD Million)
TABLE 24 Specialty saltss market estimates and forecast, 2013 – 2024, (Kilo tons) (USD Million)
TABLE 25 Specialty saltss market estimates and forecast by region, 2013– 2024, (Kilo tons)
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