openPR Logo
Press release

Global Flavored Salt Market Trends, Forecast, and Opportunity Assessment (2022-2031)

Global Flavored Salt Market Trends, Forecast, and Opportunity

The global market for flavored salt is set to witness acceleration at a CAGR of 6.6% over the next ten years, and close in on a valuation of US$ 5.5 Bn by 2031. The market is projected to offer an incremental $ opportunity of US$ 2.6 Bn by 2031-end. Increased popularity and utilization of flavored salt in the foodservice industry is due to the fact that it offers operational flexibility.

A number of flavor options are available and can be utilized according to the need, either for flavor or for improving the presentation of meals in the foodservice industry. Most end use of flavored salt is found in food & beverages, retail/households, and the foodservice industry. The first two account for 53.3% market share, and the rest is held by the foodservice industry.

To remain 'ahead' of your competitors, request for a samples@ https://www.persistencemarketresearch.com/samples/25024

With flavored salt, users have the option to eliminate a considerable amount of sodium intake on a daily basis. As per the World Health Organization (WHO), adults should limit their sodium intake to 5 grams per day.

Companies are focusing on coming out with innovative products to increase their market share and profits.

For example, in 2019, Morton Salt added a colorful new product to its product line-up with the launch of all-natural Himalayan pink salt, which is available in both, fine and coarse grain sizes.

Key Takeaways from Market Study

South Asia and East Asia markets are expected to surge at CAGRs of 8.7% and 8.2%, respectively.
On the basis of end use, the foodservice industry is leading market expansion. This industry accounts for 46.7% of the overall market share.

When it comes to flavors, high share is accounted for by spices with a value of US$ 1.3 Bn at present.
The business to business segment is valued at nearly US$ 2 Mn, and is set to top US$ 3.6 Bn by 2031.

Europe and North America are the two leading regional markets for flavored salt.

The U.S and India hold major market shares in North America and South Asia at 67.9% and 52.9%, respectively.

COVID-19 had a significant impact on demand for flavored salt. However with increasing consumer demand for nutritious food, the market is expected to come back to normal in the near future.

Request For Report Customization@https://www.persistencemarketresearch.com/request-customization/25024

Competitive Landscape

Major manufacturers of flavored salts are acquiring various quality certifications that are accepted on a global level to ensure high quality products and also ensure wider acceptability of their products. Companies are also launching of new flavored salts to widen their product range.

Saltworks has more than 50 trademarks to its name. The company has various certifications such as Kosher Certificate, SQFI, Global Food Safety Initiative, Hazard Analysis Critical Point Control, Good Manufacturing Practices Certificate, and many more.

In April 2020, Twang Partners Ltd. announced the launch of pickle beer salt. By adding new flavors every time, the company keeps customers attached to the brand.

For in-depth competitive analysis, buy now@ https://www.persistencemarketresearch.com/checkout/25024

Read More Trending "PMR Exclusive Article"

Market Study on Food Flavors: https://www.persistencemarketresearch.com/market-research/food-flavors-market.asp

Global Market Study on Dairy-derived Flavors: https://www.persistencemarketresearch.com/market-research/dairy-derived-flavors-market.asp

Contact us:

Persistence Market Research
Address - 305 Broadway, 7th Floor, New York City,
NY 10007 United States
U.S. Ph. - +1-646-568-7751
USA-Canada Toll-free - +1 800-961-0353
Sales - sales@persistencemarketresearch.com

About Us:

Persistence Market Research (PMR), as a 3rd-party research organization, does operate through an exclusive amalgamation of market research and data analytics for helping businesses ride high, irrespective of the turbulence faced on the account of financial/natural crunches.

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 Global Flavored Salt Market Trends, Forecast, and Opportunity Assessment (2022-2031) here

News-ID: 2699572 • Views: 270

More Releases from Persistence Market Research

Electrophysiology Ablation Market Industry Analysis, Size, Share, Growth, Trends …
According to a recent study by Persistence Market Research, the global electrophysiology ablation market is expected to witness high growth from US$ 2.5 Bn in 2021 to US$ 6.3 Bn by 2031. This reflects a CAGR of around 8.4% over the forecast period (2021-2031). Rising morbidity and mortality due to cardiac disorders, especially arrhythmia, make this market more demanding. Moreover, new product innovation and increased adoption of electrophysiology ablation devices by
Medical Marijuana Market Value Chain, Dynamics and Key Players
The global Medical Marijuana Market is there to witness an irrevocable In Upcoming Years. Innovation in the form of digital tools is the buzzword all across. Even though it's the youth engaging in digital and social platforms, the geriatric population could get benefited by engaging the services therein. Thus, the exponential influx of e-business, online consultations, and booking, door-step delivery are likely to run through the enterprise going forward. According to
Immunoassay Interference Blocker Market: Development History, Current Analysis a …
Immunoassay Interference Blocker Market 2022 The immunoassay interference blocker-based market is expected to reach US$ 455 Mn by the end of 2031, with sales revenue expected to register 6.7% CAGR. As per Persistence Market Research's latest revised industry analysis, the global immunoassay interference blocker market was valued at US$ 223 Mn in 2020, and is expected to exhibit a CAGR of 6.7% over the forecast period (2021-2031). Click Here to Get Free Sample
Oxygen Sensor Heaters Market Useful Research Conclusions, Business Plans, Strate …
Oxygen Sensor Heaters Market: Introduction Innovations in the automotive industries have led to the higher acceptance of products such as oxygen sensor heaters, which are used to heat up the sensors up to the operating temperature quickly. The oxygen sensor is installed in the exhaust manifold to observe how much unburned oxygen is in the exhaust as the exhaust exits the engine. The oxygen sensor heaters keep the oxygen sensor hot

All 5 Releases


More Releases for Salt

Vacuum Salt Market Report ||Key Industry Players- British Salt, Tata Chemicals L …
Looking at the current market trends as well as the promising demand status of the “Vacuum Salt Market”, it can be projected that the future years will bring out positive outcomes. This research report added by MRRSE on its online portal delivers clear insight about the changing tendencies across the global market. Readers can gather prime facets connected to the target market which includes product, end-use and application; assisting them
Premium Grade Pharmaceutical Salt Market 2019 - Piranske Soline , Khoisan Sea Sa …
The Premium Grade Pharmaceutical Salt Market research report includes status and outlook of Global and major regions, from angles of players, countries, product types and end industries. This report analyses the top players in global market, and splits market by product type and applications/end industries. The global Premium Grade Pharmaceutical Salt market will reach xxx Million USD in 2018 and with a CAGR if xx% between 2019-2025. Download Sample PDF Of This
Rock Salt Global Market 2018: Key Players – Mid American Salt LLC, Santader S …
Global Rock Salt market size will increase to Million US$ by 2025, from Million US$ in 2017, at a CAGR of during the forecast period. In this study, 2017 has been considered as the base year and 2018 to 2025 as the forecast period to estimate the market size for Rock Salt. This report researches the worldwide Rock Salt market size (value, capacity, production and consumption) in key regions like United
Global Rock Salt Market 2018 Key Players: Mid American Salt LLC, Santader Salt, …
Rock Salt Market: WiseGuyReports.com adds “Rock Salt Market 2018 Global Analysis, Growth, Trends and Opportunities Research Report Forecasting to 2025”reports to its database. Executive Summary This report studies the global Rock Salt market status and forecast, categorizes the global Rock Salt market size (value & volume) by manufacturers, type, application, and region. This report focuses on the top manufacturers in North America, Europe, Japan, China and other regions (India, Southeast Asia, Central &
Global Rock Salt Market Research Report 2017 : Santader Salt, Morton Salt, Natur …
Qyresearchreports include new market research report "Global Rock Salt Market Research Report 2017" to its huge collection of research reports. The new market report details in-depth current and past analytics and statistics about the global Rock Salt market. The report elaborates upon the global Rock Salt market in detail in terms of the factors that are currently shaping the market’s growth trajectory, the segmentation of the global Rock Salt market
Global Industrial Salt Market 2017 - Chengyuan Salt, China National Salt, Dadi S …
The report entitled Global Industrial Salt Market 2017 presents key insights into the global Industrial Salt market along with the latest up-to-date industry details and forthcoming Industrial Salt industry trends, which will assist the readers to focus on product specification and end users driving the overall market revenue and profitability. Report Keynotes: The main motive of the report on "Global Industrial Salt Market 2017" is to study comprehensive details of the market