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Global gourmet salt market is segmented into by Type (Sel Gris, Flakey Salt, Himalayan Salt, Fleur de sel, Speciality Salt, and Others), By Application (Confectionery, Bakery, Meat & Poultry, Sea Food, Sauces & Savories, and Others), and Geography.
Study Period:
2016 - 2026
Base Year:
2020
Fastest Growing Market:
Asia Pacific
Largest Market:
Europe
CAGR:
6.61 %
Global gourmet salt market is projected to grow at a CAGR of 6.61% during the forecast period (2020-2025).
Global gourmet salt market is segmented into by type and application. On the basis of type, the market is segmented into sel gris, flakey salt, himalayan salt, fleur de sel, speciality salt, and others. On the basis of application, the market is segmented into confectionery, bakery, meat & poultry, sea food, sauces & savories, and others. Also, the study provides an analysis of the gourmet salt market in the emerging and established markets across the world, including North America, Europe, Asia-Pacific, South America, and Middle East & Africa.
By Type | |
Sel Gris | |
Flakey Salt | |
Himalayan Salt | |
Fleur de sel | |
Speciality Salt | |
Others |
By Application | |
Confectionary | |
Bakery | |
Meat & Poultry | |
Sea Food | |
Sauces & Savories | |
Others |
Geography | |||||||||
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The food service industry in developed economies, like United States, has quickly adopted to the market, considering the demand of gourmet cuisine. This is because gourmet is an industry classification for high-quality premium foods in the United States, which, in turn, is also influencing the demand of gourmet salt. Moreover, globalization and the strong influence of westernization in emerging countries are boosting the demand for foreign cuisine, such as Italian and French food, which requires special flavors salts. The market for gourmet flavored salts made from all natural ingredients is also growing. Gourmet salts are becoming vital ingredients for all types of cuisines, especially in luxury restaurants, as each kind of gourmet salts have its own specific functionality and provide specific taste and texture to the food.
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Global gourmet salts market is expected to witness strong growth during the forecasted period owing to the rising awareness among consumers related to changing food or cuisine preferences among consumers. Europe is expected to witness significant growth in the gourmet salts market and contribute maximum market share, followed by North America and Asia Pacific over the forecasted period. However, North America is expected to experience fast growth owing to the high disposable income of the consumers, which results in buying patterns for products rich in gourmet salt as these products are expensive in nature.
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Some of the major key players in the global gourmet salt market, globally includes Cargill, Alaska Pure, Sea Salt Co., Amagansett Sea Salt Co., Kalahari Pristine Salt Worx, and Morton Salt amongst others.
1. INTRODUCTION
1.1 Study Deliverables
1.2 Study Assumptions
1.3 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS
4.1 Market Drivers
4.2 Market Restraints
4.3 Porter's Five Force Analysis
4.3.1 Threat of New Entrants
4.3.2 Bargaining Power of Buyers/Consumers
4.3.3 Bargaining Power of Suppliers
4.3.4 Threat of Substitute Products
4.3.5 Intensity of Competitive Rivalry
5. MARKET SEGMENTATION
5.1 By Type
5.1.1 Sel Gris
5.1.2 Flakey Salt
5.1.3 Himalayan Salt
5.1.4 Fleur de sel
5.1.5 Speciality Salt
5.1.6 Others
5.2 By Application
5.2.1 Confectionary
5.2.2 Bakery
5.2.3 Meat & Poultry
5.2.4 Sea Food
5.2.5 Sauces & Savories
5.2.6 Others
5.3 Geography
5.3.1 North America
5.3.1.1 United States
5.3.1.2 Canada
5.3.1.3 Mexico
5.3.1.4 Rest of North America
5.3.2 Europe
5.3.2.1 United Kingdom
5.3.2.2 Germany
5.3.2.3 France
5.3.2.4 Russia
5.3.2.5 Italy
5.3.2.6 Spain
5.3.2.7 Rest of Europe
5.3.3 Asia Pacific
5.3.3.1 India
5.3.3.2 China
5.3.3.3 Japan
5.3.3.4 Australia
5.3.3.5 Rest of Asia-Pacific
5.3.4 South America
5.3.4.1 Brazil
5.3.4.2 Argentina
5.3.4.3 Rest of South America
5.3.5 Middle East & Africa
5.3.5.1 South Africa
5.3.5.2 Saudi Arabia
5.3.5.3 Rest of MEA
6. COMPETITIVE LANDSCAPE
6.1 Most Active Companies
6.2 Most Adopted Strategies
6.3 Market Share Analysis
6.4 Company Profiles
6.4.1 Alaska Pure Sea Salt Co.
6.4.2 Amagansett Sea Salt Co.
6.4.3 Cargill Inc.
6.4.4 Cheetham Salt Ltd.
6.4.5 Kalahari Pristine Salt Worx.
6.4.6 Maldon Crystal Salt Co.
6.4.7 Morton Salt, Inc.
6.4.8 Murray River Salt
6.4.9 Pyramid Salt Pty.Ltd.
6.4.10 Saltworks, Inc.
7. MARKET OPPORTUNITIES AND FUTURE TRENDS
** Subject to Availability