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Gourmet Salts Market size to exceed $1.5bn by 2024: Global Market Insights Inc. The research report “Gourmet Salt Market Size By Product (Himalayan Salts, Sel Gris, Fleur De Sel, Flake Salts Specialty Gourmet Salts), By Application (Bakery & Confectionery, Seafood, Meat & Poultry, Sauces & Savories), Industry Analysis Report, Regional Outlook, Competitive Market Share & Forecast, 2017 – 2024.� says, Gourmet Salts Market size exceeded USD 1 billion in 2016 and is set to exceed 120 kilo tons by 2024. Rapid urbanization, changing lifestyles and increasing processed food production will drive gourmet salts market size. The product will contribute a major share in food application owing to gradual change in dietary patterns over the forecast period. High consumption of mineral salts leads to hypertension and cardiovascular illness. As per Global Health Observatory (GHO), globally high blood pressure caused over 7 million deaths in 2015. Population aged 25 and above accounted for over 40% of the global high blood pressure instances. Low sodium content along with mineral presence will remain key factors fueling gourmet salts penetration over its conventional counterpart.

On trade food industry expansion owing to change in consumer demographic & lifestyle will support the product business growth. Global restaurant industry generated over USD 3 trillion revenue in 2016 with the U.S. contributing over USD 750 billion in the same year. Rising wave of westernization and growing popularity of natural or organic food products are the key factors driving the gourmet market on a global level. Increase in consumer willingness to spend high price on gourmet food owing to rising consumer taste development for specialty and artisanal food has favored industry growth. Globally, gourmet salts industry share witnessed high market demand from bakery & confectionary, meat processing, seafood, and sauces & savories segments. Texture & flavor enhancement, better solubility, and presence of mineral are key properties stimulating product market demand. According to FDR guidelines, salt usage should not exceed 0.01% of potassium iodine. In addition, WHO also states that the limit of saline intake is to be reduced around 30% by 2025. These all factors will favor gourmet salts market demand. The logistics cost of the product is higher than conventional salt as it requires proper care and handling during transportation. Gourmet salts availability is limited owing to small-scale production. The harvesting, processing, labeling, merchandising, and transportation cost is higher as a result product prices are significantly more than conventional salt. 1|Page


Europe Gourmet Salts Market Size, By Product, 2016 & 2024 (USD Million)

Browse key industry insights spread across 250 pages with 149 market data tables & 10 figures & charts from the report, “Gourmet Salts Market Size By Product (Coarse Salt, Fleur Se Sel, Flake Salts, Sel Gris, Himalayan Salts, Specialty Salts), By Application (Bakery & Confectionary, Seafood, Meat & Poultry, Sauces & Savories), Industry Analysis Report, Regional Outlook (U.S., Canada, Germany, UK, France, Italy, Russia, China, India, South Korea, Japan, Indonesia, Thailand, Mexico, Brazil, GCC, Turkey, South Africa), Application Potential, Price Trend, Competitive Market Share & Forecast, 2017 – 2024” in detail along with the table of contents: https://www.gminsights.com/industry-analysis/gourmet-salts-market Increasing consumer health consciousness along with shifting preference for low sodium saline are the key factors driving the gourmet salts market growth. High product usage for curing in beauty centers & spas for personal care treatments enhanced the product demand. Rising health issues including hypertension, cardiovascular diseases, and high blood pressure will fuel the product penetration. Sel gris market was over 10 kilo tons in 2016. Increasing product usage as a finishing and cooking product owing to its coarse texture will drive the industry growth. It is moist, unrefined and considered as the best quality salt among professional chefs. High availability of the gourmet salts variations including 84 distinct types of metal, elements and minerals enhanced the product demand. Expensive prices along with lack of product awareness are the major restraints of the gourmet salts market growth.

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Europe, led by UK and Germany gourmet salts market is the fastest growing region, estimated to value over USD 724 million by 2024. Rising demand for processed food particularly in Italy, Spain, Germany and France will drive the regional industry growth. Asia Pacific gourmet salt market, dominated by China is expected to witness growth over 7.5% up to 2024. Growing health awareness, increasing disposable income along with surging demand for processed food will support the industry demand. The U.S. gourmet salts market was valued more than USD 217 million in 2016. Improved standard of living coupled with increasing commercialization in food industry though several promotions are the driving factors of the industry growth. Increasing consumer awareness about product benefits accompanied by expansion in food & beverage industry will propel the product demand. Global gourmet salts market is competitive due to presence of regional industry players. High profit margins of the industry have encouraged manufacturers & vendors to expand production capacity and improve supply chain network. Some of the key industry players in gourmet salts market are Cargill, Morton, CK Life Sciences, Amagansett, Dominion, Irish Atlantic, Devonshire, Alaska Pure, Cargill, Murray.

: Segmentation of Gourmet Salts Market :

Gourmet salts market research report includes in-depth coverage of the industry with estimates & forecast in terms of volume in kilotons and revenue in USD million from 2013 to 2024, for the following segments: Gourmet Salts Market, By Product • • • • • • •

Coarse salts Fleur de sel Flake salts Sel gris Himalayan salts Specialty salts Others

Gourmet Salts Market, By Application • • • • •

Bakery & confectionary Seafood Meat & poultry Sauces & savories Others

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About Global Market Insights: Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

Contact Us:

Arun Hegde Corporate Sales, USA Global Market Insights, Inc. Phone: 1-302-846-7766 Toll Free: 1-888-689-0688

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Gourmet Salts Market: Share, Size, Competitive Strategies and Forecast 2017 – 2024  

Gourmet Salt Market Size By Product, By Application, Industry Analysis Report, Regional Outlook, Competitive Market Share & Forecast, 2017 –...

Gourmet Salts Market: Share, Size, Competitive Strategies and Forecast 2017 – 2024  

Gourmet Salt Market Size By Product, By Application, Industry Analysis Report, Regional Outlook, Competitive Market Share & Forecast, 2017 –...

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