Press release
Gourmet Salts Market 2023 By Manufacturers, Regions, Type And Application, Forecast To 2029
Market Overview:Gourmet Salts Market was valued at USD 7800 million in 2021 and is expected to reach USD 13260 million by the year 2028, at a CAGR of 7.87 %.
Gourmet Salts also called artisan salts are unrefined, naturally-harvested salts that have comparatively lower sodium content, and are without any additives. They are also referred to as finishing salts as they're meant to be used at the end of the cooking process to imbue the food or drink with the flavor of that particular salt.
Gourmet salts come in a wide range of flavors and infusions, they are even left in their natural state in fine-quality salt crystals. The popularity of Gourmet salt has reached widely across various regions globally due to globalization and adoption by consumers. The application of gourmet salts by gourmet chefs adds a touch of sophistication and improves the organoleptic qualities of dishes and this is why gourmet salts are becoming a vital substance in the food industry as each kind of gourmet salt has its specific function and gives a particular taste and texture to the food which is highly demanded by hotels and other food houses nowadays.
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Market Dynamics:
Driver:
The growing adoption of gourmet salts by consumers due to the increasing awareness regarding the health benefits of gourmet salts and their nutritional content has helped the market in gaining a significant share of consumers towards gourmet salts. Gourmet salts are high in minerals and have minimum sodium content compared to traditional table salt. Further, the increase in the number of gourmet restaurants and the strong demand for gourmet dishes has resulted in the increased demand for gourmet ingredients like gourmet salts and gourmet condiments.
Opportunities:
A rising number of restaurants also with a growing demand for salt types like smoked sea salts, produced by the natural smoking method are expected to result in the development of gourmet salts in the upcoming period. Moreover, manufacturers in the market are also focusing on introducing attractive packaging for gourmet salts to attract consumers which may provide them with greater sales.
The Report Will Include A Major Chapter
• Patent Analysis
• Regulatory Framework
• Technology Roadmap
• BCG Matrix
• Heat Map Analysis
• Price Trend Analysis
• Investment Analysis
• Company Profiling and Competitive Positioning
• Industry Value Chain Analysis
• Market Dynamics and Factors
• Porter's Five Forces Analysis
• Pestle Analysis
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Moreover, the report includes significant chapters such as Patent Analysis, Regulatory Framework, Technology Roadmap, BCG Matrix, Heat Map Analysis, Price Trend Analysis, and Investment Analysis which help to understand the market direction and movement in the current and upcoming years.
Market Segmentation
By Product Type
• Coarse Salt
• Flake Salt
• Fleur de Salt
• Indian Black Salt
• Italian Sea Salt
• Others
By Application
• Bakery & Confectionery
• Meat & Poultry
• Seafood
• Sauces & Savory
• Desserts & Frozen Food
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Regional analysis of Gourmet Salts Market
The Asia Pacific is developing as a leading region over the globe, due to the increasing food services sector, and high consumer base in the region. China's gourmet salts industry accounted for the highest market share. According to a recent study, an average Chinese person utilizes 60 kg of meat per year. Furthermore, the highest demand in meat consumption due to the growing population and high standard of living will boost regional gourmet salts market growth. The modernization in food consumption by the consumers has led to the growing popularity of convenience foods and other processed foods such as snacks and meat and poultry products. In addition, the huge availability of Himalayan Pink salt from India and Pakistan is another major factor that gives pace to the utilization of gourmet salt in the region.
By Region
• North America (U.S., Canada, Mexico)
• Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)
• Asia-Pacific (China, India, Japan, Singapore, Australia, New Zealand, Rest of APAC)
• Middle East & Africa (Turkey, Saudi Arabia, Iran, UAE, Africa, Rest of MEA)
• South America (Brazil, Argentina, Rest of SA)
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Key Players Covered in Gourmet Salts Market
• Cargill
• K+S Aktiengesellschaft
• SaltWorks
• Cheetham Salt
• Amagansett Sea Salt
• Murray River Gourmet Salt
• INFOSA
• Pyramid Salt
• The Marblehead Salt
• Alaska Pure Sea Salt
• Maldon Crystal Salt Company
• San Francisco Salt Company
• Salty Wahine Gourmet Hawaiian Sea Salts
• Saltopia Artisan Infused Sea Salts
• Südwestdeutsche Salzwerke AG
• Bitterman and Sons
• SeaSalt Superstore
• The Savory Pantry
• Evolution Salt
• HEPP'S Salt
• J.C. Peacock & Co
• Morton Salt and other Major Players.
Key Industry Developments
In May 2019, 24k salt company has declared to introduce a new range of gourmet and spiced salt at PLMA's World Private Label Exposition in Amsterdam.
In October 2017, the Oregon company has introduced a new gourmet salt on Kickstarter in Portland made up of Himalayan pink salt and crickets to increase their dish booster products.
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Table of content
Chapter 1: Introduction
Chapter 2:Executive Summary
Chapter 3:Growth Opportunities By Segment
Chapter 4: Market Landscape
Chapter 4: Gourmet Salts Market by Type
Chapter 5: Gourmet Salts Market by Application
Chapter 6: Company Profiles and Competitive Analysis
Chapter 7: Global Gourmet Salts Market Analysis, Insights and Forecast, 2016-2028
Chapter 8: North America Gourmet Salts Market Analysis, Insights and Forecast, 2016-2028
To Be Continue…
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