Gourmet Salts Market Is Expected to Expand Significant CAGR from 2017 to 2024

Gourmet Salts Market size to exceed $1.5bn by 2024:
Global Market Insights Inc.
The research report ” Gourmet Salt Market Size By Product (Himalayan Salts, Sel
Gris, Fleur De Sel, Flake Salts Specialty Gourmet Salts), By Application (Bakery
& Confectionery, Seafood, Meat & Poultry, Sauces & Savories), Industry
Analysis Report, Regional Outlook, Competitive Market Share & Forecast, 2017
– 2024.” says, Gourmet Salts Market size is estimated to exceed USD 1.5 billion by
2024.
Possible opportunity in culinary & preserving applications along with increasing
adoption of gourmet food in luxury restaurants globally will drive the gourmet salts
market size. Enhancing taste, flavor, and aroma in foods are the key features inciting
industry growth. Rising consumer spending on food & beverages due to changing
lifestyle will drive the industry demand.
The global food & beverage industry will transcend USD 9.5 trillion by 2024 growing
at over 3.4%. Increasing product consumption in dressing and seasoning of foods will
further support the product scope. High preservation and moisture-retaining property
have resulted in increasing applications in seafood & meat processing to improve the
shelf-life. Global per capita fish consumption reached 20.5 kg per capita, with a yearly
increase of around 1% in 2016.
Increasing consumer health consciousness along with shifting preference for low
sodium saline are the key factors driving the gourmet salts market growth. High
product usage for curing in beauty centers & spas for personal care treatments
enhanced the product demand. Rising health issues including hypertension,
cardiovascular diseases, and high blood pressure will fuel the product penetration.
Fleur de sel holds 35% of the overall gourmet salts market share. Strong outlook in
roasted meats, vegetables dishes and salads will support the product demand. High
magnesium chloride and calcium content makes it beneficial for human consumption.
High moisture absorption enhancing flavors to the taste buds will drive the demand.
Sel gris market was over 10 kilo tons in 2016. Increasing product usage as a finishing
and cooking product owing to its coarse texture will drive the industry growth. It is
moist, unrefined and considered as the best quality salt among professional chefs.
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Europe Gourmet Salts Market Size, By Product, 2016 & 2024 (USD
Million)
Browse key industry insights spread across 250 pages with 149 market data tables &
10 figures & charts from the report, “Gourmet Salts Market Size By Product (Coarse
Salt, Fleur Se Sel, Flake Salts, Sel Gris, Himalayan Salts, Specialty Salts), By
Application (Bakery & Confectionary, Seafood, Meat & Poultry, Sauces &
Savories), Industry Analysis Report, Regional Outlook (U.S., Canada, Germany,
UK, France, Italy, Russia, China, India, South Korea, Japan, Indonesia, Thailand,
Mexico, Brazil, GCC, Turkey, South Africa), Application Potential, Price Trend,
Competitive Market Share & Forecast, 2017 – 2024” in detail along with the table
of contents:
https://www.gminsights.com/industry-analysis/gourmet-salts-market
Meat & poultry demand is anticipated to worth around USD 510 million by 2024.
Changing lifestyle and improved preservation technology in processed meat, fish and
poultry will fuel the product demand. Rising demand as a preservative for canned
meats, hams, roasts, meatballs, and fish, enhances the gourmet salts market growth.
Bakery & confectionary market will witness over 8.5% CAGR up to 2024. High product
acceptance owing to its superior properties including enhanced food taste, distinct
flavor, appearance, color, and aroma will drive revenue growth.
Europe, led by UK and Germany gourmet salts market is the fastest-growing region,
estimated to value over USD 724 million by 2024. Rising demand for processed food
particularly in Italy, Spain, Germany, and France will drive regional industry growth.
Asia Pacific gourmet salt market, dominated by China is expected to witness growth
over 7.5% up to 2024. Growing health awareness, increasing disposable income along
with surging demand for processed food will support the industry demand.
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The U.S. gourmet salts market was valued more than USD 217 million in 2016.
Improved standard of living coupled with increasing commercialization in the food
industry through several promotions are the driving factors of the industry growth.
Increasing consumer awareness about product benefits accompanied by an
expansion in the food & beverage industry will propel the product demand.
The global gourmet salts market is competitive due to the presence of regional industry
players. The high-profit margins of the industry have encouraged manufacturers &
vendors to expand production capacity and improve the supply chain network. Some
of the key industry players in the gourmet salts market are Cargill, Morton, CK Life
Sciences, Amagansett, Dominion, Irish Atlantic, Devonshire, Alaska Pure, Cargill,
Murray, Marblehead, Infosa and Marblehead.
Segmentation :
of Gourmet Salts Market :
Gourmet salts market research report includes in-depth coverage of the
industry with estimates & forecast in terms of volume in kilotons and
revenue in USD million from 2013 to 2024, for the following segments:
Gourmet Salts Market, By Product
• Coarse salts
• Fleur de sel
• Flake salts
• Sel gris
• Himalayan salts
• Specialty salts
• Others
Gourmet Salts Market, By Application
• Bakery & confectionary
• Seafood
• Meat & poultry
• Sauces & savories
• Others
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The above information has been provided on a regional and country basis for
the following:
• North America
• U.S.
• Canada
• Europe
• Germany
• UK
• France
• Italy
• Asia Pacific
• China
• India
• Latin America (LATAM)
• Brazil
• Mexico
• MEA
• South Africa
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Global Market Insights, Inc.
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