The new report by Expert Market Research titled, ‘Global Gourmet Salts Market Size Report and Forecast 2022-2027’, gives an in-depth analysis of the global gourmet salts market, assessing the market based on its segments like types, applications, distribution channels, and regions. The report tracks the latest trends in the industry and studies their impact on the overall market. It also assesses the market dynamics, covering the key demand and price indicators and analysing the market based on the SWOT and Porter’s Five Forces models.
Gourmet Salts Market Size, Trends, Industry Report, Key Player, Major Segments, and Forecast
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The key highlights of the report include:
Market Overview (2017-2027)
• Forecast CAGR (2022-2027): 6.40%
The global market for gourmet salts is being driven by the rising demand for deliciously unique sea salts in the food service sector. The growing awareness regarding the health benefits of gourmet salts is resulting in their increased consumption. Moreover, the expansion of restaurant chains is also expected to drive the demand for gourmet salts due to their premium taste and qualities. This is further supported by the growing disposable incomes, increasing demand for fine foods with exotic flavours, and improved living standards. Moreover, the demand for innovative flavours is also expected to promote the use of a variety of gourmet salts in the forecast period.
Gourmet Salts Market Industry Definition and Major Segments
Gourmet salts refer to speciality salts that are naturally harvested and known to comprise high mineral content. These salts vary in flake sizes and textures and provide new variety of flavours, and colour. These salts find increased use in cooking and food preservation activities.
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The global market for gourmet salts, on the basis of type, can be segmented into:
• Himalayan Salt
• Flakey Salt
• Sel Gris or Grey Salt
• Speciality Salts
Based on application, the market can be segregated into:
• Bakery and Confectionery
• Meat and Poultry
• Sea Food
• Sauces and Savoury
On the basis of distribution channel, the market can be categorised into:
• Supermarkets and Hypermarkets
• Convenience Stores
The regional markets for gourmet salts include:
• North America
• Asia Pacific
• Latin America
• Middle East and Africa
Gourmet Salts Market Trends
The key trends in the gourmet salts market include the development of the gourmet food market and the globalisation of taste. The improved living standards are leading to changing consumer preferences for specialised salts. Benefits of gourmet salts such as improved flavour profile, enhanced texture, and diverse applications are expected to enhance their utilisation in the food service sector. Moreover, the rising investments to enhance the production and packaging of gourmet salts are likely to favour the market growth in the coming years. Additionally, the growing availability of a variety of gourmet salts across online channels is expected to supplement the market growth in the forecast period.
Key Market Players
The major players in the market are Cargill Inc., Pyramid Salt Pty. Ltd., Maldon Crystal Salt Company Ltd., Saltworks Inc., Infosa, and Cheetham Salt Limited, among others. The report covers the market shares, capacities, plant turnarounds, expansions, investments and mergers and acquisitions, among other latest developments of these market players.
Expert Market Research (EMR) is leading market research company with clients across the globe. Through comprehensive data collection and skilful analysis and interpretation of data, the company offers its clients extensive, latest and actionable market intelligence which enables them to make informed and intelligent decisions and strengthen their position in the market. The clientele ranges from Fortune 1000 companies to small and medium scale enterprises.
EMR customises syndicated reports according to clients’ requirements and expectations. The company is active across over 15 prominent industry domains, including food and beverages, chemicals and materials, technology and media, consumer goods, packaging, agriculture, and pharmaceuticals, among others.
Over 3000 EMR consultants and more than 100 analysts work very hard to ensure that clients get only the most updated, relevant, accurate and actionable industry intelligence so that they may formulate informed, effective and intelligent business strategies and ensure their leadership in the market.
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