Salts and Flavored Salts Market

Salts and Flavored Salts Market by Types (Seasoned Salt, Table Salt, Flavored Salt [Truffle Salt and Garlic Salt], Lime & Lemon Salt, Smoked Salt, Jalapeno Salt and Others), Distribution Channels (Supermarkets/Hypermarkets, Convenience Stores, Departmental Stores and Others), and Regions (Asia Pacific, North America, Latin America, Europe, and Middle East & Africa) - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast 2021 – 2028

  • Report ID: FB-3480
  • Author: Growth Market Reports
  • Rating: 4.6
  • Total Reviews: 2
  • No. Of Pages: 206
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The global salts and flavored salts market size is projected to expand at a substantial CAGR during the forecast period, 2021–2028. The growth of the market is attributed to the globalization and the significant influence of westernization on Asia Pacific-based countries.

Salts and Flavored Salts Market

Flavored salts come in a variety of tastes, including butter, garlic, and onion. They are used to enhance the flavor of a variety of cuisine across the world. Flavored salts are used to improve the food and beverage items’ texture and taste. Flavored salts also have a higher mineral content and better solubility than common salt.

Flavored salts are frequently used with other herbs and spices to improve the color and look of a range of food recipes. Flavored salts are also employed in the preservation of canned foods in order to keep them fresh for a prolonged time.

Market Trends, Drivers, Restraints and Opportunities

  • Growing awareness about the advantages of flavored salts over regular salt is one of the driving factors of the market growth.
  • Rising penetration of flavored salts in Asia Pacific can spur the market growth
  • High cost of manufacture of flavored salt is projected to be hamper the market's future expansion
  • Increasing consumer awareness of health problems has resulted in a preference for organic foods and products, which is expected to increase opportunities for industry players in the market expansion.

Scope of the Report

The report on the global salts and flavored salts market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.

Attributes

Details

Report Title

Salts and Flavored Salts Market - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast

Base Year

2020

Historic Data

2018–2019

Forecast Period

2021–2028

Segmentation

Types (Seasoned Salt, Table Salt, Flavored Salt [Truffle Salt & Garlic Salt], Lime & Lemon Salt, Smoked Salt, Jalapeno Salt and Others), Distribution Channels (Supermarkets/Hypermarkets, Convenience Stores, Departmental Stores and Others)

Regional Scope

Asia Pacific, North America, Latin America, Europe, and Middle East & Africa

Report Coverage

Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast

Key Players Covered in the Report

Tata Chemicals Ltd.,; McCormick & Company Inc.; K+S Aktiengesellschaft; United Salt Corporation; and Saltworks Inc.

Salts and Flavored Salts Market Segment Insights

Seasoned salt segment is expected to grow at a rapid pace

Based on types, the market is divided into seasoned salt, table salt, flavored salt, lime & lemon salt, smoked salt, jalapeno salt, and others. The flavored segment is further classified as truffle salt and garlic salt. The seasoned salt segment is expected to grow at a rapid pace during the forecast period. Rapid growing meat industry is positively influencing the segment growth.

Convenience stores segment is projected to expand at a considerable CAGR

On the basis of distribution channels, the market is segregated into supermarkets/hypermarkets, convenience stores, departmental stores, and others. The convenience stores segment is projected to expand at a considerable CAGR during the forecast period due to expanding commercialization of the ready-to-eat food products.

Salts and Flavored Salts Market

Asia pacific is anticipated to constitute a key market share

In terms of regions, the global salts and flavored salts market is classified as Asia Pacific, North America, Latin America, Europe, and Middle East & Africa. Asia Pacific is expected to constitute a key share of the market during the projected period. China Salt Industry Group Co., Ltd. accounted for a major market share in the country’s edible salt market. With more than 17 million metric tons of different salt products produced in 2017, China is second-largest salt industry in Asia Pacific. Moreover, The Japanese Salt Production Center is a public corporation that conducts salt research and provides home cooking salt with a sodium level of more than 98% throughout the country.

Salts and Flavored Salts Market

Segments

Segments Covered in the Report

The global salts and flavored salts market have been segmented on the basis of

Types

  • Seasoned Salt
  • Table Salt
  • Flavoured Salt
    • Truffle Salt
    • Garlic Salt
  • Lime
  • Lemon Salt
  • Smoked Salt
  • Jalapeno Salt
  • Others

Distribution Channels

  • Supermarkets/Hypermarkets
  • Convenience Stores
  • Departmental Stores
  • Others

Regions

  • Asia Pacific
  • North America
  • Latin America
  • Europe
  • Middle East & Africa

Key Players

  • Tata Chemicals Ltd.
  • McCormick & Company Inc.
  • K+S Aktiengesellschaft
  • United Salt Corporation
  • Saltworks Inc.

Competitive Landscape

Key players competing in the global salts and flavored salts market are Tata Chemicals Ltd.,; McCormick & Company Inc.; K+S Aktiengesellschaft; United Salt Corporation; and Saltworks Inc.

Salts and Flavored Salts Market

1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Salts and Flavored Salts Market Overview
  4.1. Introduction
     4.1.1. Market Taxonomy
     4.1.2. Market Definition
  4.2. Macro-Economic Factors
     4.2.1. Industry Outlook
  4.3. Salts and Flavored Salts Market Dynamics
     4.3.1. Market Drivers
     4.3.2. Market Restraints
     4.3.3. Opportunity
     4.3.4. Market Trends
  4.4. Salts and Flavored Salts Market - Supply Chain
  4.5. Global Salts and Flavored Salts Market Forecast
     4.5.1. Salts and Flavored Salts Market Size (US$ Mn) and Y-o-Y Growth
     4.5.2. Salts and Flavored Salts Market Size (000’ Units) and Y-o-Y Growth
     4.5.3. Salts and Flavored Salts Market Absolute $ Opportunity
5. Global Salts and Flavored Salts Market Analysis and Forecast by Region
  5.1. Market Trends
  5.2. Introduction
     5.2.1. Basis Point Share (BPS) Analysis by Region
     5.2.2. Y-o-Y Growth Projections by Region
  5.3. Salts and Flavored Salts Market Size and Volume Forecast by Region
     5.3.1. North America
     5.3.2. Latin America
     5.3.3. Europe
     5.3.4. Asia Pacific
     5.3.5. Middle East and Africa (MEA)
  5.4. Absolute $ Opportunity Assessment by Region
  5.5. Market Attractiveness/Growth Potential Analysis by Region
  5.6. Global Salts and Flavored Salts Demand Share Forecast, 2019-2026
6. North America Salts and Flavored Salts Market Analysis and Forecast
  6.1. Introduction
     6.1.1. Basis Point Share (BPS) Analysis by Country
     6.1.2. Y-o-Y Growth Projections by Country
  6.2. North America Salts and Flavored Salts Market Size and Volume Forecast by Country
     6.2.1. U.S.
     6.2.2. Canada
  6.3. Absolute $ Opportunity Assessment by Country
  6.4. Market Attractiveness/Growth Potential Analysis
     6.4.1. By Country
     6.4.2. By Product Type
     6.4.3. By Application
  6.5. North America Salts and Flavored Salts Demand Share Forecast, 2019-2026
7. Latin America Salts and Flavored Salts Market Analysis and Forecast
  7.1. Introduction
     7.1.1. Basis Point Share (BPS) Analysis by Country
     7.1.2. Y-o-Y Growth Projections by Country
     7.1.3. Latin America Average Pricing Analysis
  7.2. Latin America Salts and Flavored Salts Market Size and Volume Forecast by Country
      7.2.1. Brazil
      7.2.2. Mexico
      7.2.3. Rest of Latin America
   7.3. Absolute $ Opportunity Assessment by Country
  7.4. Market Attractiveness/Growth Potential Analysis
     7.4.1. By Country
     7.4.2. By Product Type
     7.4.3. By Application
  7.5. Latin America Salts and Flavored Salts Demand Share Forecast, 2019-2026
8. Europe Salts and Flavored Salts Market Analysis and Forecast
  8.1. Introduction
     8.1.1. Basis Point Share (BPS) Analysis by Country
     8.1.2. Y-o-Y Growth Projections by Country
     8.1.3. Europe Average Pricing Analysis
  8.2. Europe Salts and Flavored Salts Market Size and Volume Forecast by Country
     8.2.1. Germany
     8.2.2. France
     8.2.3. Italy
     8.2.4. U.K.
     8.2.5. Spain
     8.2.6. Russia
     8.2.7. Rest of Europe
  8.3. Absolute $ Opportunity Assessment by Country
  8.4. Market Attractiveness/Growth Potential Analysis
     8.4.1. By Country
     8.4.2. By Product Type
     8.4.3. By Application
  8.5. Europe Salts and Flavored Salts Demand Share Forecast, 2019-2026
9. Asia Pacific Salts and Flavored Salts Market Analysis and Forecast
  9.1. Introduction
     9.1.1. Basis Point Share (BPS) Analysis by Country
     9.1.2. Y-o-Y Growth Projections by Country
     9.1.3. Asia Pacific Average Pricing Analysis
  9.2. Asia Pacific Salts and Flavored Salts Market Size and Volume Forecast by Country
     9.2.1. China
     9.2.2. Japan
     9.2.3. South Korea
     9.2.4. India
     9.2.5. Australia
     9.2.6. Rest of Asia Pacific (APAC)
  9.3. Absolute $ Opportunity Assessment by Country
  9.4. Market Attractiveness/Growth Potential Analysis
     9.4.1. By Country
     9.4.2. By Product Type
     9.4.3. By Application
  9.5. Asia Pacific Salts and Flavored Salts Demand Share Forecast, 2019-2026
10. Middle East & Africa Salts and Flavored Salts Market Analysis and Forecast
  10.1. Introduction
     10.1.1. Basis Point Share (BPS) Analysis by Country
     10.1.2. Y-o-Y Growth Projections by Country
     10.1.3. Middle East & Africa Average Pricing Analysis
  10.2. Middle East & Africa Salts and Flavored Salts Market Size and Volume Forecast by Country
     10.2.1. Saudi Arabia
     10.2.2. South Africa
     10.2.3. UAE
     10.2.4. Rest of Middle East & Africa (MEA)
  10.3. Absolute $ Opportunity Assessment by Country
  10.4. Market Attractiveness/Growth Potential Analysis
     10.4.1. By Country
     10.4.2. By Product Type
     10.4.3. By Application
  10.5. Middle East & Africa Salts and Flavored Salts Demand Share Forecast, 2019-2026
11. Competition Landscape
  11.1. Global Salts and Flavored Salts Market: Market Share Analysis
  11.2. Salts and Flavored Salts Distributors and Customers
  11.3. Salts and Flavored Salts Market: Competitive Dashboard
  11.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)

Segments Covered in the Report

The global salts and flavored salts market have been segmented on the basis of

Types

  • Seasoned Salt
  • Table Salt
  • Flavoured Salt
    • Truffle Salt
    • Garlic Salt
  • Lime
  • Lemon Salt
  • Smoked Salt
  • Jalapeno Salt
  • Others

Distribution Channels

  • Supermarkets/Hypermarkets
  • Convenience Stores
  • Departmental Stores
  • Others

Regions

  • Asia Pacific
  • North America
  • Latin America
  • Europe
  • Middle East & Africa

Key Players

  • Tata Chemicals Ltd.
  • McCormick & Company Inc.
  • K+S Aktiengesellschaft
  • United Salt Corporation
  • Saltworks Inc.

Key players competing in the global salts and flavored salts market are Tata Chemicals Ltd.,; McCormick & Company Inc.; K+S Aktiengesellschaft; United Salt Corporation; and Saltworks Inc.

Salts and Flavored Salts Market

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