Gourmet Salt Market - Growth, Trends, COVID-19 Impact, and Forecasts (2022 - 2027)

Market Overview

The gourmet salt market is projected to register a CAGR of 6.61% during the forecast period (2022-2027).

The COVID-19 pandemic has boosted the demand for food and food supplements that are healthy and those consisting of several nutrition and minerals. As it is observed that patients with hypertension, cardiovascular diseases were highly affected by COVID-19. Therefore, demand for products such as gourmet salts which consist of a lower amount of sodium has increased. Also, as consumers make lifestyle changes such as the shift toward organic and natural food, in their diets, thus the application for gourmet salts has further increased in the various final food products. For instance, according to Cornish Sea Salt Co., the demand for sea salt has raised significantly in the United Kingdom, due to the organic nature of the product which avails 60% of sea minerals to the consumer in 2020.

The cosmopolitan culture has created a demand for traditional cuisines in the metros, and this has subsequently led to the increased application of gourmet salts. This is because its particular flavor can incorporate a ting of traditional flavor and aroma in foods. These salts have also gained popularity among professional chefs in luxury hotels. The increase in the number of gourmet restaurants globally is positively influencing the gourmet salt market.

Scope of the Report

Gourmet salts are unrefined, naturally harvested salts (generally sea salts) with relatively lesser sodium content, and without additives. The global gourmet salt market is segmented by type application and geography. By product type, the market is segmented into sel gris, flakey salt, Himalayan salt, fleur de sel, specialty salt, and other product types. By application, the market is segmented into confectionery, bakery, meat and poultry, seafood, sauces and savories, and other applications. By geography, the gourmet salt market is segmented into North America, Europe, Asia-Pacific, South America, and Middle-East and Africa. For each segment, the market sizing and forecasting have been done in value terms (USD million).

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Key Market Trends

Growing Demand from the Food Service Industry

The foodservice industry is developing due to rising universalization. According to the United States Department of Agriculture (USDA), quick-service restaurants had a decline of 16.9% in 2021 due to the global crisis. Thus, the companies in this specific industry are majorly focusing on the innovation of healthy foods and beverages, thus the demand for healthy ingredients is also rising. Gourmet salt is considered one of the healthiest salt, this is due to the fact that it reduces several diseases, thus consumer demand for this salt is rising. With the rising awareness, the consumer's taste and preference for food are also changing. Moreover, globalization and the strong influence of westernization in different countries are boosting the demand for foreign cuisines, such as Italian and French food, which requires special flavor salts. Thereby, the demand for salt is also rising. Gourmet salts are becoming vital ingredients for all types of cuisines, especially in luxury restaurants, as each kind of gourmet salt has its own specific function and provides a specific taste and texture to the food. Thus, the emerging food service around the world.

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