Gourmet salt Market is projected to reach USD 1407.64 Million by 2021

According to the report “Global Gourmet Salt Market,” published by Market Data Forecast, the global market is projected to reach USD 1407.64 million by 2021 from USD 1025 million in 2016, at a CAGR of 6.55%.Gourmet salts are high-quality unrefined salts that are mostly hand-harvested and used in upscale culinary applications. They are available in various textures, from superfine to coarse, depending on the method of harvesting and processing. They are expensive owing to their rarity, their variegated distinct flavors, colors, and appeal that add value to the dish. They are widely used in food pickling and canning applications as a preservative to increase their shelf-life.

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The factors influencing the Global Market for Gourmet Salt Market, either positively or negatively are presented in the DROC analysis. The market for Gourmet salt is mainly driven due to increasing Cosmopolitan culture which is creating a demand for traditional cuisines in the metros, due to which gourmet salts are finding their increased application owing to their ability to incorporate traditional flavor and aroma in the foods. Also, increasing demand in food & beverage and food service industries is expected to drive global gourmet salt market. But, the market growth can be constrained due to high cost involved during its harvesting and processing, and also, high price associated with gourmet salts in comparison to conventional salts.

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For granular level understanding, the Gourmet Salt Market is segmented based on the following categories with Market Size Estimations and Y-o-Y Forecasts presented for each sub-segments.

• By type
o Fleur de Sel
o Sel Gris
o Himalayan Salt
o Flake Salt
o Specialty Salt

• By Application
o Bakery & Confectionery
o Meat & Poultry Products
o Seafood Products
o Sauces & Savory

Geographically, Global market for Gourmet salt is segmented into North America, Asia Pacific, Latin America, Europe, and Middle-East and Africa. Europe was the biggest product consumer as well as manufacturer on account of huge processed food demand, and is hence, the largest market for gourmet salt in the globe. North America and Asia-Pacific is expected to witness highest growth owing to factors like economic developments and expansion of companies in this region.

• North America Gourmet Salt Market
• Europe Gourmet Salt Market
• Asia-Pacific Gourmet Salt Market
• Latin America Gourmet Salt Market
• Middle East and Africa Gourmet Salt Market

Morton Salt, Inc., Saltworks, Inc., Murray River Gourmet Salt, Infosa, Cargill, Inc., Alaska Pure, Cheetham Salt Ltd., Pyramid Salt Pty. Ltd., Maldon Crystal Salt Co. and Amagansett Sea Salt Co., are the major players of Global Gourmet salt market.

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The Gourmet Salt Market study offers the following deliverables:

• Global, regional and country-level analysis and forecasts of the study market; providing Insights on the geographical areas in which this industry is blooming

• Segment-level analysis on basis of product type, application, colour along with market size forecasts and y-o-y estimations to detect key areas of industry growth in detail

• Identification of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics

• Study of macro and micro environmental factors that effect the global market presented in an extensive strategic analyses section containing PESTLE and Porter’s Five Forces Analyses

• A comprehensive listing of key market players along with company overview, product portfolios, key financial information (subjected to availability), SWOT analysis and analyst overview to study and sustain the market environment

• Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies

• Expertly devised Market Outlook along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market

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