Global Salts And Flavored Salts Market 2024-2028
The salts and flavored salts market is forecasted to grow by USD 11304.5 mn during 2023-2028, accelerating at a CAGR of 8.09% during the forecast period. The report on the salts and flavored salts market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by strategies adopted by leading players, innovative packaging solutions, and growing consumer demand for seasoned and flavored salt.
Technavio's salts and flavored salts market is segmented as below:
By Distribution Channel
By End-user
- Food and beverages industry
- Food service industry/quick service restaurants
- Household
By Geographical Landscape
- North America
- Europe
- APAC
- South America
- Middle East and Africa
This study identifies the growing influence of online retailing as one of the prime reasons driving the salts and flavored salts market growth during the next few years. Also, increasing application of salts in beauty and cosmetics industry and growing demand for pink himalayan salt will lead to sizable demand in the market.
The report on the salts and flavored salts market covers the following areas:
- Salts and flavored salts market sizing
- Salts and flavored salts market forecast
- Salts and flavored salts market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading salts and flavored salts market vendors that include Ajinomoto Co. Inc., Amagansett Sea Salt Co., Cornish Sea Salt Co. Ltd., El Nasr Salines Co., HimalaSalt, Himalayan chef, Hoosier Hill Farm LLC, INFOSA, ITC Ltd., KS Aktiengesellschaft, McCormick and Co. Inc., Olde Thompson, Red Monkey Foods Inc., SaltWorks Inc., Suprasel, Tata Sons Pvt. Ltd., Twang Partners LLC, United Salt Corp., Vancouver Island Salt Co., and Verlag A.Vogel AG. Also, the salts and flavored salts market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.