openPR Logo
Press release

Strong Economic Developments will Provide an Impetus to Growth of the US$ 900 Million Micronized Salt Market

04-08-2021 08:40 AM CET | Advertising, Media Consulting, Marketing Research

Press release from: Fact.MR

Micronized Salt Market

Micronized Salt Market

Demand for micronized salt has seen an upswing in the recent past and is anticipated to continue on this course at a steady clip during the forecast period. A ‘new normal’ has emerged in the meat processing industry with top players increasing the utilization of micronized salt, owing to its high efficacy in usage and increased affordability.

Investments have surged considerably in the processed food and meat processing industry which is instrumental in catalyzing the growth of micronized salt market. On this premise, micronized salt market is expected to present an absolute $ opportunity of more than US$ 900 Mn during the forecast period.

Click Here To get a Sample (Including Full TOC, Table & Figures)
https://www.factmr.com/connectus/sample?flag=S&rep_id=4568

Key Takeaways of the Global Micronized Salt Market

Pure micronized salt, with purity of more than 99.5%, is anticipated to maintain its supremacy in the micronized salt market. It is also forecast to show a positive growth trajectory.

Asia-Pacific accounts for the largest share in micronized salt market, with China and India together accounting for nearly 30% of the global share.

Utilization of micronized salt in bakery and confectionery applications are expected to remain constant in terms of market share. However, they are set to grow 1.3X by 2028 over 2019.

Need more information about Report Methodology? Click here
https://www.factmr.com/connectus/sample?flag=RM&rep_id=4568

Premium grade micronized salts are projected to show moderate growth rate in the market, while value grade micronized salts are expected to present high growth rate during forecast.

“Investments in micronized salt to fit industrial specifications and specific functionalities is expected to increase demand. Companies catering to the food processing industry are expected to gain long term benefits.” says Fact.MR analyst.

Regional Expansion to be Key Forte of Stakeholders

The market of micronized salt is fragmented with top players accounting for nearly 40% revenue share. Top players like Cargill Incorporated, K+S Aktiengesellschaft, Ciech S.A, Tata Chemicals Ltd., AkzoNobel N.V and INEOS group Ltd have focused on increasing their presence in micronized salt market.

Some companies have been trying to increase their revenue streams by gaining new contracts in foreign markets, while others are establishing their distribution channels with collaborations with regional suppliers and distributors. These efforts of micronized salt manufacturers are expected to be supplemental to growth of market.

Connect To an Expert
https://www.factmr.com/connectus/sample?flag=AE&rep_id=4568

Find More Valuable Insights on the Global Micronized Salt Market

Fact.MR, in its new offering, provides an unbiased analysis of the global market for micronized salt, with historical data on demand (2014-2018) and expected projections for the period (2019-2028). The micronized salt report discloses compelling insights into the demand for micronized salt by purity (purity 98% to 99.5% and purity above 99.5%) and by application (bakery and confectionery products, meat, poultry & seafood, milk and dairy products, beverages, canned/preserved fruits & vegetables, prepared meals, and others ), across 9 key regions and countries.

Contact:

US Sales Office:
11140 Rockville Pike
Suite 400
Rockville, MD 20852
United States
Tel: +1 (628) 251-1583

Corporate Headquarter:

Unit No: AU-01-H Gold Tower (AU),

Plot No: JLT-PH1-I3A,
Jumeirah Lakes Towers,
Dubai, United Arab Emirates
Email: sales@factmr.com
Visit Our Website:
https://www.factmr.com
Research Insight:
https://www.factmr.com/report/4568/micronized-salt-market
Content Source:
https://www.factmr.com/media-release/1345/global-micronized-salt-market

About Us:

Market research and consulting agency with a difference! That’s why 80% of Fortune 1,000 companies trust us for making their most critical decisions. While our experienced consultants employ the latest technologies to extract hard-to-find insights, we believe our USP is the trust clients have on our expertise. Spanning a wide range – from automotive & industry 4.0 to healthcare & retail, our coverage is expansive, but we ensure even the most niche categories are analyzed. Our sales offices in United States and Dublin, Ireland. Headquarter based in Dubai, UAE. Reach out to us with your goals, and we’ll be an able research partner.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Strong Economic Developments will Provide an Impetus to Growth of the US$ 900 Million Micronized Salt Market here

News-ID: 2267518 • Views: 193

More Releases from Fact.MR

Increasing use of gallium nitride in military and aerospace industry, fuelled gl …
Gallium nitride is a glass-like substance that is translucent. It can be used with broader bandwidth and tough structure as a semiconductor unit. Compared to the semiconductor form of silicon, it tends to lose less energy. Gallium nitride use is growing with the growth of wireless devices. The gadgets based on gallium nitride have numerous applications, from electronics to telecommunications and automotive. The wider bandwidth means that energy is quickly transferred
Demand for anti-friction coatings is highest in transportation industry. Asia Pa …
Anti-Friction Coatings Market: Overview and Dynamics Anti-Friction coatings are a type of lubricant solution that are similar in formulation to common industrial paints. It comprises of solid lubricants and resins as solvents. The main components of solid lubricants are molybdenum disulphide, Polytetrafluoroethylene (PTFE) and graphite. The most preferred way of applying anti-friction coatings is immersion or by spraying carefully onto the degreased surfaces. There are other methods as well like electrostatic
Automotive Lighting Market to Grow at CAGR of 5 % through 2030 to reach a valuat …
The global automotive lighting market is projected to grow at 5% and will be valued at US$ 65 Bn by the end of the forecast period (2020-2030). However, the COVID-19 crisis has impacted the growth trajectory as the demand for automotives has fallen sharply. In the wake of disruption of supply chains and the shutdown of manufacturing plants, the automotive lighting market growth has been profoundly affected. To get in-depth
Polyamines Market Trends and Analysis (2020-2030): Key Market Dynamics and Growt …
Polyamines market is poised to surpass US$ 200 Mn by 2020 and is set to grow at a steady 4% during the forecast period (2020-2030). Polyamines is a key water treatment chemical and coagulant used for treatment of discharged waste water. Though coagulants constitute a major share of the market, shale inhibitors are growing at a faster rate owing to their high demand in oil & gas well explorations. To get

All 5 Releases


More Releases for Micronized

Micronized PE Wax Market, Share, Development forecast to 2024
New report published by Global Info Research which offers insights on the Global Micronized PE Wax market. Micronized PE Wax is also known as polymer wax is referred to as polyethylene wax. Widely used due to its excellent cold resistance, heat resistance, chemical resistance and wear resistance. In normal production, this part of the wax can be directly added to the polyolefin processing as an additive, which can increase the gloss
Micronized PTFE Market imposed restriction on growth by 2025
Global Micronized PTFE Market: Snapshot With growing demand for micronized PTFE, the manufacturers are rolling their sleeves up to develop and present customers with more advanced products that will help them expanding their geographical reach. The global market for micronized PTFE is expected to witness significant demand over the coming years owing to rising penetration of micronized PTFE in the thermoplastic industry and the growing demand from the expanding end-use industries
Micronized Wax Market Pipeline Overview 2017 - 2025
Powdered wax characterized by particle size less than 10 micro meter is termed as micronized wax. Micronized wax commonly finds application as surface protection additive across a diverse set of industries. The type of additive used significantly impacts the overall surface finish. Use of micronized wax enhances the overall aesthetic appeal of the end products. The lubricating property of micronized wax helps in easier application and improves the visual appeal
Micronized PTFE Market : Sales of virgin-sourced micronized PTFE to Reach 50,000 …
Virgin-sourced micronized PTFE is expected to remain dominant in the global market, in terms of volume. Sales of virgin-sourced micronized PTFE will reach nearly 50,000 MT by 2025-end. Demand for recycled-sourced micronized PTFE will remain sluggish in the market during the forecast period, owing to its limited usability, inferior quality, and environmental issues. Micronized PTFE will witness the highest demand for application in Ink, expanding at 7.3% CAGR through 2025, in
Micronized PTFE Market - Current Trend Analysis & Forecast 2017-2025
Global Micronized PTFE Market: Snapshot With growing demand for micronized PTFE, the manufacturers are rolling their sleeves up to develop and present customers with more advanced products that will help them expanding their geographical reach. The global market for micronized PTFE is expected to witness significant demand over the coming years owing to rising penetration of micronized PTFE in the thermoplastic industry and the growing demand from the expanding end-use industries
Micronized PTFE Market : Professional Survey Report 2017 - 2025
Global Micronized PTFE Market: Snapshot With growing demand for micronized PTFE, the manufacturers are rolling their sleeves up to develop and present customers with more advanced products that will help them expanding their geographical reach. The global market for micronized PTFE is expected to witness significant demand over the coming years owing to rising penetration of micronized PTFE in the thermoplastic industry and the growing demand from the expanding end-use industries