Market Size of Pink Himalayan Salt Industry
Study Period | 2019 - 2029 |
Market Size (2024) | USD 246.59 Million |
Market Size (2029) | USD 311.14 Million |
CAGR (2024 - 2029) | 4.76 % |
Fastest Growing Market | Middle-East and Africa |
Largest Market | North America |
Major Players*Disclaimer: Major Players sorted in no particular order |
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Pink Himalayan Salt Market Analysis
The Pink Himalayan Salt Market size is estimated at USD 246.59 million in 2024, and is expected to reach USD 311.14 million by 2029, growing at a CAGR of 4.76% during the forecast period (2024-2029).
- Pink Himalayan salt is a premium-priced culinary salt and a type of gourmet salt. Most of it comes from one of the largest rock-salt mining operations in the world, namely, the Khewra Salt Mine in the Punjab Region of Pakistan. The pink color of the salt comes from various mineral impurities, especially iron and other trace elements. The market for pink Himalayan salt is influenced directly by trends in the food industry, particularly in the fast-food and meat industries.
- On the other hand, pink salt is gaining popularity because of the increasing demand for gourmet foods. For example, consumers in the countries, such as the United States, the United Kingdom, France, and Italy, among others, are upgrading to gourmet salt from ordinary table salt. As a result, smoked, sea, and pink salts are moving toward the mainstream.
- Globalization and the strong influence of westernization in emerging countries fuel the demand for foreign cuisines, such as Italian and French food, which call for specialized flavors and seasonings, driving the demand for pink Himalayan salt in the market. Moreover, there is also a growing opportunity for organic flavored salts from all-natural ingredients. In addition, the introduction of blends of this salt is one of the latest trends that will contribute to the growth of this market in the forthcoming years.
- However, the increasing incidence of toxic chemicals reported in Himalayan pink salt across the globe is anticipated to hinder market growth in the near future. For instance, in 2020, the independent research company Nutrition Research Australia (NRAUS) tested 31 samples of pink salts available in Australia and found that the samples were unreliable and contaminated.
- Furthermore, the Covid-19 lockdowns worldwide in 2020 and limitations in 2021 interrupted the supply chain, presenting challenges for Pink Himalayan salt manufacturers. Moreover, vendor profit margins have continued to be squeezed by fierce competition, price challenges, and altering consumer preferences.