The gourmet salts market A global CAGR of 7.5% is anticipated to be attained during the forecast timeframe. Its value is projected to rise from US$ 2354.6 million in 2023 to US$ 502.6 million by 2033.
Gourmet salts are premium, unprocessed, naturally occurring salts with very little sodium. This salt is used to enhance the flavour and look of food while it is cooking. Gourmet salt is an alternative ingredient that enhances food’s flavour and consistency. Gourmet salts usually change the colour and flavour of food when combined with other ingredients like herbs, spices, and seasoning. Gourmet salts have a higher mineral content and are more soluble than ordinary table salt, making them healthier options.
Gourmet salts are used in a variety of end-use industries, such as pastry, confections, savoury foods, poultry, and seafood. They are used to extend the shelf life of food, especially food that is preserved in cans. Feuille de sel is one of the most widely used gourmet seasonings and may be found in a wide variety of food products, including salads, roasted meats, and vegetable dishes. Over the course of the estimated period, the market for gourmet salts is expected to grow quickly due to the growing demand for fine dining items. Furthermore, the industry’s growth is expected to be significantly aided by the increasing utilisation in several end user sectors over the forecast period.
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Gourmet Salts Market Growth Driven by Increasing Demand from Food Industry
The United States food industry has adopted gourmet salts after considering the demand for gourmet cuisine. This is because of the high quality of gourmet salts in the State, and this is, in turn, influencing the rising demand for gourmet salts. Furthermore, globalization is another strong force influencing the growth of the global gourmet salts market because of the westernization in emerging countries like Italy and French restaurants. Besides, the market for gourmet flavored salts, which is made from natural ingredients, is also on the rise. Consumers’ rising demand for gourmet salts is a strong force slated to create a surge in demand for gourmet salts from the food industry. And this is expected to trigger the growth of the global gourmet salt market during the forecast period and aftermath.
Increasing Awareness Regarding Health Benefits of Natural Products
Natural food products have many health benefits associated with their consumption. They are sources of therapeutic agents that are very important in the production of drugs needed for the treatment of diseases. Since gourmet salts are natural products, the global gourmet salts industry is expected to grow significantly over the forecast period.
Gourmet Salts Market Restraints
Major factors such as lack of awareness among consumers and the hike in price of gourmet salts products are slated to hamper the growth of the global gourmet salts industry over the forecast period.
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Gourmet Salts Market: Region-wise Analysis
Europe is expected to be the largest market for the global gourmet salts industry in terms of total market revenue. Other regions such as North America, the Asia Pacific, Middle East, and Africa are subsequently slated to witness significant growth over the forecast period. However, North America is anticipated to be the fastest-growing region due to the rising disposable income of consumers in developed countries like Canada and the United States, which will influence the buying pattern of gourmet salts products.
Gourmet Salts Market: Competitive Landscape
Cargill, Alaska Pure
Sea Salt Co.
Amagansett Sea Salt Co.
Kalahari Pristine Salt Worx,
Morton Salt amongst others.
Region-wise Analysis
North America (U.S., Canada)
Latin America (Mexico, Brazil)
Europe (Germany, U.K., France, Italy, Spain, Poland, Russia)
East Asia (China, Japan, South Korea)
South Asia (India, Thailand, Malaysia, Vietnam, Indonesia)
Oceania (Australia, New Zealand)
Middle East & Africa (GCC Countries, Turkey, Northern Africa, South Africa)
Report Highlights
The research report presents a comprehensive assessment of market and contains thoughtful insights, facts, historical data, and statistically supported and industry validated market data and projections with suitable set of assumptions and methodology. Research report provides analysis and information by categories such as market segments, geographies, types, technology and applications.
The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts, and industry participants across the value chain. The report provides an in-depth analysis of parent market trends, macro-economic indicators, and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies
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Global Gourmet Salts Market Segment Analysis
The global gourmet salts industry can be segmented on the following basis:
Key Segments Profiled in the Gourmet Salts Market Survey
By Type:
- Sel Gris
- Flakey Salt
- Himalayan Salt
- Fleur de Sel
- Specialty Salt
By Application:
- Application
- Bakery & Confectionary
- Meat & Poultry
- Seafood
- Savouries & Sauces
By Region:
- North America
- Latin America
- Asia Pacific
- MEA
- Europe
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