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Global Market Insights, Inc. provides a detailed overview of Gourmet Salts Market with respect to the pivotal drivers influencing the revenue graph of this business sphere. The current trends of market in conjunction with the geographical landscape, demand spectrum, remuneration scale, and growth graph of this vertical have also been included in this report.The demand for gourmet salts market is witnessing a major upswing at a global level with the growing popularity of organic food and rising wave of westernization. Gourmet salts are naturally harvested and untreated sea salts that enhance the dressing of the food products and impart exotic flavor. Gourmet salt’s low sodium content coupled with high mineral presence will further fuel its demand over mineral salts. It is found that excessive intake of mineral salts leads to high prevalence of cardiovascular illness and hypertension.
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Globally, high blood pressure caused more than 7 million deaths in 2015, as per a report by Global Health Observatory (GHO). Moreover, the population aged above 25-year contributed for more than 40% of the high BP instances. A significant rise in consumer spending on food & beverages and gourmet food in luxury restaurants will further drive the gourmet salts industry share. As per report by Global Market Insights, Inc., Gourmet Salts Market stood at USD 1 billion in 2016 and is projected to exceed USD 1.5 billion by 2024. In terms of volume the gourmet salts industry is anticipated to surpass 120 kilo tons over the coming seven years.
Strong application potential of gourmet salts in meat, fish & poultry processing and preservation have provided significant impetus to the product demand. The global gourmet salts market from meat & poultry processing application witnessed high demand and is expected to surpass USD 500 million by 2024. Substantial rise in the consumption of meat, hams, fish, meatballs, and roasts in Asia Pacific will positively impact the regional gourmet salts industry growth.
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In 2015, APAC was the largest meat and processed meat consumer having accounted for over 65% of the global demand. China is a major contributor to this regional growth as an average Chinese person consumes about 60 kg of meat every year. In 2016, China gourmet salts industry generates revenue worth USD 50 million and is expected to attain significant gains over the coming timeframe of seven years.
Gourmet salt comes in various product types such as Fleur De Sel, Sel gris, Indian pink salt, Himalayan salts, Italian salts, flake salts specialty gourmet salts, smoked salts, and others. Among these, Fleur De Sel finds wide application scope in vegetable dishes, salads, roasted meats, and seafood. This product also finds potential utilization in bakery products, owing to its high mineral content, moisture, and better solubility characteristics.
In 2016’s gourmet salts market statistics, fleur de sel accounted for more than 35% of the overall industry share. Sel gris type of gourmet salt also has excellent moisture retention property as is thus widely used in healthier food recipes for seasoning of vegetables and meat. As per estimates, sel gris is likely to grow at an annual rate of 8% over 2017-2024.
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European geriatric population covers approximately 24% of the overall regional demography and has thus significantly impacted the demand for nutritional food items and life expectancy products for the aging population. Accounting for more than 35% of overall gourmet salts market in 2016, Europe dominated the regional landscape. Germany and UK were the leading regions supporting the industry growth.
Prominent gourmet salts market players include Infosa, Maldon Crystal, San Francisco Saltsworks, Pyramid, Murray River, Devonshire, Amagansett, Alaska, and CargillMortan.
Partial Report Content:
Chapter 1. Methodology & Scope
1.1. Research Methodology
1.1.1. Initial data exploration
1.1.2. Statistical model and forecast
1.1.3. Industry insights and validation
1.1.4. Definitions & forecast parameters
1.2. Data sources
1.2.1. Primary
1.2.2. Secondary
Chapter 2. Executive Summary
2.1. Gourmet salts market 3600 synopsis, 2017 –2024
2.1.1. Business trends
2.1.2. Product trends
2.1.3. Application trends
2.1.4. Regional trends
Chapter 3. Gourmet Salts Industry Insights
3.1. Industry segmentation
3.2. Industry landscape, 2013 - 2024
3.3. Industry ecosystem analysis
3.3.1. Raw material suppliers
3.3.2. Manufacturers
3.3.3. Distribution channel analysis
3.3.4. Vendor matrix
3.3.4.1. Role
3.3.4.2. Product portfolio
3.3.4.3. Global presence
3.4. Technology landscape
3.5. Raw material analysis
3.6. Regulatory landscape
3.6.1. North America
3.6.2. EU
3.6.3. APAC
3.6.4. LATAM
3.6.5. MEA
3.7. Industry best practices & key buying criteria
3.8. Pricing analysis
3.8.1. Regional pricing
3.8.1.1. North America
3.8.1.2. EU
3.8.1.3. APAC
3.8.1.4. LATAM
3.8.1.5. MEA
3.8.2. Cost structure analysis
3.9. Industry impact forces
3.9.1. Growth drivers
3.9.2. Industry pitfalls & challenges
3.10. Innovation & sustainability
3.11. Growth potential analysis
3.12. Porter's analysis
3.13. Competitive landscape, 2016
3.13.1. Market share analysis
3.13.2. Strategy dashboard
3.14. PESTEL analysis
Chapter 4. Gourmet Salts Market, By Product
4.1. Global gourmet salts market share by product ,2016 & 2024
4.2. Coarse salts
4.2.1. Market estimates and forecast, 2013 - 2024
4.2.2. Market estimates and forecast, by region, 2013 - 2024
4.3. Fleur se sel
4.3.1. Market estimates and forecast, 2013 - 2024
4.3.2. Market estimates and forecast, by region, 2013 – 2024
4.4. Flake salts
4.4.1. Market estimates and forecast, 2013 - 2024
4.4.2. Market estimates and forecast, by region, 2013 – 2024
4.5. Sel gris
4.5.1. Market estimates and forecast, 2013 - 2024
4.5.2. Market estimates and forecast, by region, 2013 – 2024
4.6. Himalayan salts
4.6.1. Market estimates and forecast, 2013 - 2024
4.6.2. Market estimates and forecast, by region, 2013 – 2024
4.7. Specialty salts
4.7.1. Market estimates and forecast, 2013 - 2024
4.7.2. Market estimates and forecast, by region, 2013 – 2024
4.8. Others
4.8.1. Market estimates and forecast, 2013 - 2024
4.8.2. Market estimates and forecast, by region, 2013 – 2024
About Global Market Insights:
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.
Contact Info:
Name: Arun Hegde
Email: Send Email
Organization: Global Market Insights Inc.
Website: https://www.gminsights.com/industry-analysis/gourmet-salts-market
Release ID: 88901510
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