Gourmet Salts Market Size, Trend, Growth by 2018 - 2026; Top Key Players: Cargill, Incorporated, Morton Salt, Inc, SaltWorks, Inc., INFOSA

Analyzing all the factors, the study published by Persistence Market Research (PMR) states that the global gourmet salts is projected to witness a CAGR of 5.1% from 2018 to 2026. In 2017, the market was worth US$ 2,477.8 Mn and is expected to rise to a valuation of US$ 3,786.5 Mn by the end of 2026.

Global Key Players Gourmet Salts Market

Cargill, Incorporated
Morton Salt, Inc. (K+S Aktiengesellschaft)
SaltWorks, Inc.
CK Life Sciences Int’l., (Holdings) Inc. (Cheetham Salt Limited)
Amagansett Sea Salt Co.
Murray River Gourmet Salt
INFOSA
Pyramid Salt Pty. Ltd.
The Marblehead Salt Co. LLC.
Alaska Pure Sea Salt Co.
Maldon Crystal Salt Company Limited
San Francisco Salt Company
Salty Wahine Gourmet Hawaiian Sea Salts LLC
Saltopia Artisan Infused Sea Salts
Südwestdeutsche Salzwerke AG
The Meadow (Bitterman and Sons, Inc.)
SeaSalt Superstore LLC
The Savory Pantry
Evolution Salt Co.
HEPP'S Salt CO.
J.C. Peacock & Co. Ltd.
Others.

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For reducing the sodium content in meat products, processors are probing for a replacement for sodium chloride that possesses similar functionality, without sacrificing the quality of the or sensory attributes. One idea that is being trailed up by food researchers is the employment of alternative gourmet salts. Alternative gourmet salts are not purified; consequently, they contain many trace elements, such as potassium, calcium, iron, zinc, magnesium, copper, and sodium. A recent study displayed similarities between the functionality of sodium chloride and potassium chloride with respect to their effects on muscle enzymes.

The urban population has recently become increasingly conscious about the products they are consuming, which has ultimately initiated the trend of consuming organic products. This factor has been crucial in restructuring the food and beverages industry. As salts form an integral part of a meal, it is available in abundance as it is processed synthetically in factories and in the course of time, the factory procedures have been taking away its originality. However, at present, the demand for gourmet salts is intensifying as they are sold and consumed in their natural form.

Gourmet Salts to Form an Integral Part of Luxury Cuisine

Apart from the trend of consuming organic products gaining traction across the globe, the global, the global gourmet salts market is also attaining profits from dynamics such as burgeoning demand for traditional cuisines at luxury hotels. This has extensively triggered the demand for gourmet salts from five star hotels and restaurants. Additionally, there is a high profit margin for players who have been operating in the market for quite some time owing to the ease of packaging and transportation. This factor is also paving way for new players to venture into the market, thereby providing impetus to the market at the same time.

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High Processing Cost to Act Against the Market Growth

The manufacturing of gourmet salts involves high initial capital investment for processing, packaging, labeling, and marketing, which tends to ultimately increase the final product cost. As gourmet salts can be harvested only in a particular seasons and needs a long duration for the evaporation of moisture, the manufacturing process takes a longer time, it tends to increase the price of the final products ultimately.

As a result, the production rate is also low of soalr evaporated gourmet salts. In case of mined gourmet salts, the machinery required and cost of labor, increases the price of the final product, thus challenging the consumption across the globe. As gourmet salts are natural and fresh products, their shelf life is also low, again acting against the consumption of it.

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1. Executive Summary

2. Market Overview
2.1. Market Definition
2.2. Market Taxonomy

3. Gourmet Salts Market Background
3.1. Macro-Economic Factors
3.2. Global Economic Outlook
3.2.1. Global GDP by Region and Country, 2017
3.2.2. Food and Beverages Industry Overview
3.2.3. Industry Value and Supply Chain Analysis
3.3. Market Dynamics
3.3.1. Drivers
3.3.1.1 Demand Side
3.3.1.2 Supply Side
3.3.2. Restraints
3.3.3. Opportunities
3.3.4. Trends-By Product Type
3.3.5. Trends-By Application

4. Global Gourmet Salts Market Analysis 2013–2017 and Forecast 2018–2026
4.1. Global Gourmet Salts Market & Absolute $ Opportunity Analysis, 2018-2026

5. Global Gourmet Salts Market Pricing Analysis
5.1. Global Gourmet Salts Pricing Analysis – Product Type

6. Global Gourmet Salts Market: Industry Market Analysis and Forecast, 2018-2026, By Product Type
6.1. Introduction
6.1.1. Basis Point Share (BPS) Analysis, By Product Type
6.1.2. Y-o-Y Growth Comparison, By Product Type
6.2. Historical Market Size (US$ Mn) and Volume (MT) By Product Type, 2013–2017
6.3. Market Size (US$ Mn) and Volume Forecast (MT) By Product Type, 2018-2026

ABOUT US:
Persistence Market Research (PMR) is a third-platform research firm. Our research model is a unique collaboration of data analytics and market research methodology to help businesses achieve optimal performance. To support companies in overcoming complex business challenges, we follow a multi-disciplinary approach. At PMR, we unite various data streams from multi-dimensional sources. By deploying real-time data collection, big data, and customer experience analytics, we deliver business intelligence for organizations of all sizes.

ABOUT US:
Persistence Market Research (PMR) is a third-platform research firm. Our research model is a unique collaboration of data analytics and market research methodology to help businesses achieve optimal performance. To support companies in overcoming complex business challenges, we follow a multi-disciplinary approach. At PMR, we unite various data streams from multi-dimensional sources. By deploying real-time data collection, big data, and customer experience analytics, we deliver business intelligence for organizations of all sizes.

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