The global gourmet salts market is forecasted to grow at a CAGR of 7.5% during the projected period, reaching an estimated valuation of USD 502.6 million by 2033, up from USD 2354.6 million in 2023.
Gourmet salts are unrefined, top quality salts obtained from a natural source with a low sodium content. This salt is used in cuisine to enhance taste of food and also make the food appealing. Gourmet salt is also used to enhance texture and flavor of food items. When gourmet salts are mixed with a variety of substances like herbs, spices and flavor, there is always a change in color and flavor of the food respectively. Properties such as high mineral content and high solubility are what gives gourmet salts edge over the normal table salt.
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Gourmet salts are also used in a variety of end-user sectors such as bakery, confectionery, savory, poultry and seafood. They are used in the preservation of food items especially the canned food items in order to extend the shelf life. One of the most widely used gourmet self is Fleur de sel and its used in a variety of food products such as vegetable dishes, roasted meat, salads and others. The gourmet salts market is expected to grow exponentially during the forecast period owing to the rise in demand for high quality food items. Besides, increasing application in several end user sectors is another major factor fostering the growth of the industry over the forecast period.
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 market is expected to grow significantly over the forecast period.
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Latest developments in the gourmet salts market are:
- In January 2021, Cargill Salt launched a new purified sea salt flour. The ingredient is a unique type of ultra-fine cut, powder-like sodium chloride. It is suitable for applications that require extremely fine sizing for blending, including dry soup, cereal, flour, and spice mixes, as well as for topping snack foods.
- In April 2020, SaltWorks announced its adoption of sophisticated new B2B eCommerce tools to provide a better customer experience and fuel sales growth. Developed in partnership with B2B eCommerce innovator OroCommerce, the new platform gives SaltWorks the robust, flexible sales infrastructure required to meet its customers’ diverse needs at scale.
- In September 2019, Morton Salt added a colorful new product to its product line-up with the launch of All-Natural Himalayan Pink Salt. It is available in both fine and coarse grain sizes.
- In April 2021, JK Masale unveils a new gourmet range for its customers in India. With this new launch, the company forays into the seasoning segment. This product range has been developed for food lovers who want to enjoy tasty and healthy food at the same time.
- In 2020, Morton Salt Inc. has launched new packaging for its complete portfolio of retail gourmet salt products to boost the sales of the brand.
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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