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Report Overview

2023

Base Year

2018-2023

Historical Year

2024-2032

Forecast Year

Global Gourmet Salts Market Size

The global gourmet salts market value is expected to grow at a CAGR of 6.40% in the forecast period of 2024-2032.

Global Gourmet Salts Market Report Summary Description Value
Base Year USD Billion 2023
Historical Period USD Billion 2018-2023
Forecast Period USD Billion 2024-2032
Market Size 2023 USD Billion XX
Market Size 2032 USD Billion XX
CAGR 2018-2023 Percentage XX%
CAGR 2024-2032 Percentage 6.4%
CAGR 2024-2032 - Market by Region Asia Pacific 6.9%
CAGR 2024-2032 - Market by Country India 7.2%
CAGR 2024-2032 - Market by Country Canada 7.1%
CAGR 2024-2032 - Market by Application Meat and Poultry 7.0%
CAGR 2024-2032 - Market by Distribution Channels Online 9.3%
Market Share by Country 2023 Brazil 2.6%

gourmet salts market

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Global Gourmet Salts Market Growth

Gourmet salts are speciality salts that are unrefined and naturally harvested with low sodium content and high mineral content compared to regular salt. It consist of no additives. It is also referred to as sea salt or bay salt and finds increased usage in cooking and food preservation, thus, driving the demand for gourmet salts in the market.

In addition, these salts come in a variety of forms and flavours and offer different textures ranging from fine to coarse, which is dependent upon the method of harvesting and processing.

Global Gourmet Salts Market Analysis

The growth of the gourmet salts market is being driven by the growing establishment of fine dining restaurants worldwide. This can be attributed to rapid globalisation, which is leading to a change in the food and taste preferences of the population. The gourmet salts market dynamics and trends are further fuelled by rising disposable incomes, improved living standards, and changing consumer lifestyles.

In addition, gourmet salts, owing to their special production techniques, acquire unique and special organoleptic and aesthetic properties that can help accentuate and intensify the flavours of dishes, which is driving their usage in the food service sector. Furthermore, escalating consciousness among consumers about the health and dietary benefits offered by gourmet salts is anticipated to propel the gourmet salts industry growth in the forecast period.

Global Gourmet Salts Industry Outlook

According to Oxford Economics, the Asia-Pacific region led food and beverage output growth in 2022 with a 3.0% increase, followed by the Eurozone and UK at 2.1%, South America at 0.7%, and North America with modest growth of 0.7%. In 2023, Asia-Pacific continued strong growth at 2.4%, while the Eurozone and UK saw a slight increase of 0.3%. Projections for 2024 forecast a 5.0% growth for Asia-Pacific, with the Eurozone and UK recovering with a 1.3% rise. North America and South America are expected to grow by 1.1% and 1.7%, respectively. By 2025, Asia-Pacific’s growth is anticipated to reach 5.2%, the Eurozone and UK are projected to increase by 1.5%, North America’s growth is expected to stabilise at 1.0%, and South America is forecasted to see a 2.2% rise. This growth is expected to further boost the gourmet salts industry revenue, as these salts are often promoted for their natural origins and minimal additives compared to regular table salt, appealing to consumers seeking healthier options.

According to industry reports, Europe led retail revenue growth in FY2020 with a 9.2% increase. Latin America saw a 5.2% rise, while Asia Pacific experienced moderate growth at 2.6%. North America reported the highest retail net profit margins at 3.8%, followed by Europe at 3.0% and Latin America at 2.7%. Europe also had a return on assets of 3.3%, while Asia Pacific maintained stability with a 1.3% return. This growth supports the gourmet salts market demand, as these salts are often valued for their artisanal qualities and traditional harvesting methods. Their authenticity and craftsmanship appeal to consumers seeking premium and specialty products, enhancing their dining experience.

Gourmet salts are perceived as luxury items, attracting consumers seeking unique flavours and high-quality culinary experiences, which supports gourmet salts demand growth.

  • The market offers a wide range of salt types, including sea salt, Himalayan salt, and flavoured salts, catering to diverse consumer preferences and applications.
  • Increasing awareness of the health benefits and natural origins of gourmet salts compared to processed salts enhances their appeal among health-conscious consumers.

Gourmet salts are often priced higher than regular table salt, which can limit market accessibility and appeal to budget-conscious consumers.

  • The niche nature of gourmet salts means a smaller target market compared to more mainstream food products, potentially limiting overall market size.
  • Economic downturns or fluctuations in disposable income can impact consumer willingness to spend on premium, non-essential products.

The growing interest in gourmet cooking and food experiences presents gourmet salts market opportunities and introduces new salt varieties.

  • Increasing e-commerce and direct-to-consumer sales channels allow for wider distribution and market reach, enhancing visibility and accessibility.
  • Developing new flavours, blends, and packaging options can attract new customers and differentiate products in the competitive market.

Intense competition from both established brands and new entrants can impact market share and pricing strategies.

  • Economic instability may affect consumer spending on luxury items, including gourmet salts, leading to reduced sales.
  • Changes in food safety regulations or import/export restrictions can impact the availability and cost of gourmet salts.

Key Players in the Global Gourmet Salts Market and Their Key Initiatives

Cargill Inc.

  • Launch of purified sea salt line focusing on sustainability and clean label standards. 
  • Launch of Diamond Crystal® Fine Kosher Baking Salt for better baking performance. 

Pyramid Salt Pty. Ltd.

  • Launched a new range of sustainably harvested salts to meet the growing demand of the gourmet salts market. 
  • Expanded their distribution network in the Asia-Pacific and North America regions. 

Maldon Crystal Salt Company Ltd.

  • Launched a new smoked sea salt variety enhancing flavour profiles.
  • Launched "The Maldon Salt 50" celebrating culinary innovators.

Cheetham Salt Limited

  • Introduced new gourmet salt product lines to meet rising consumer demand. 
  • Invested USD 45 million to upgrade the price salt refinery to capture the gourmet salts market opportunities. 

gourmet salts market by segments

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Global Gourmet Salts Industry Segmentation

“Global Gourmet Salts Market Report and Forecast 2024-2032” offers a detailed analysis of the market based on the following segments:

Market Breakup by Type 

  • Himalayan Salt
  • Flakey Salt
  • Sel Gris or Grey Salt
  • Speciality Salts
  • Others

Market Breakup by Application 

  • Bakery and Confectionery
  • Meat and Poultry
  • Seafood
  • Sauces and Savoury
  • Others

Market Breakup by Distribution Channels 

  • Supermarkets and Hypermarkets
  • Convenience Stores
  • Online
  • Others

Market Breakup by Region

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East and Africa
CAGR 2024-2032 - Market by Country
India 7.2%
Canada 7.1%
China 6.6%
Brazil 6.5%
UK 6.3%
USA XX%
France XX%
Italy XX%
Japan XX%
Australia XX%
Saudi Arabia XX%
Mexico 6.0%
Germany 5.7%

gourmet salts market by region

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Gourmet Salts Market Share

Based on type, the Himalayan salt segment drives the growth of the gourmet salts industry. This can be attributed to the multifaceted usage of Himalayan salt, including cooking and direct consumption. It is available in grounded form and in the form of coarse grains, which further adds to its overall popularity.

Meanwhile, Sel Gris, which is considered an all-rounder salt, is expected to witness healthy demand in the forecast period due to its high mineral and nutrient content. This salt, a French classic, is known to be among the best-tasting salts in the world. It is suitable for grilling, roasting, baking, and a variety of other cooking needs, and serves as a preferred topping for caramels, chocolates, and truffles. The increasing demand for premium products and experience is expected to favour the demand of the gourmet salts market in the coming years.

Leading Companies in the Gourmet Salts Market

The companies operate in agriculture, food production, and industrial services. Its diverse portfolio includes grains, oils, animal nutrition, and speciality ingredients.

  • Cargill Inc. 
  • Pyramid Salt Pty. Ltd. 
  • Maldon Crystal Salt Company Ltd. 
  • Saltworks Inc. 
  • Infosa 
  • Cheetham Salt Limited 
  • Others

Key Highlights of the Report

REPORT FEATURES DETAILS
Base Year 2023
Historical Period 2018-2023
Forecast Period 2024-2032
Scope of the Report

Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:

  • Type
  • Application
  • Distribution Channels
  • Region
Breakup by Type
  • Himalayan Salt
  • Flakey Salt
  • Sel Gris or Grey Salt
  • Speciality Salts
  • Others
Breakup by Application
  • Bakery and Confectionery
  • Meat and Poultry
  • Seafood
  • Sauces and Savoury
  • Others
Breakup by Distribution Channels
  • Supermarkets and Hypermarkets
  • Convenience Stores
  • Online
  • Others
Breakup by Region
  • North America
    • United States of America 
    • Canada
  • Europe
    • United Kingdom
    • Germany
    • France
    • Italy
    • Others
  • Asia Pacific
    • China
    • Japan
    • India
    • ASEAN
    • Australia
    • Others
  • Latin America
    • Brazil
    • Argentina
    • Mexico
    • Others
  • Middle East and Africa
    • Saudi Arabia
    • United Arab Emirates
    • Nigeria
    • South Africa
    • Others
Market Dynamics
  • SWOT Analysis
  • Porter's Five Forces Analysis
  • Key Indicators for Demand
  • Key Indicators for Price
Price Analysis
  • Historical Price Trends
  • Forecast Price Trends
Competitive Landscape
  • Market Structure
  • Company Profiles
    • Company Overview
    • Product Portfolio
    • Demographic Reach and Achievements
    • Certifications
Companies Covered
  • Cargill Inc.
  • Pyramid Salt Pty. Ltd.
  • Maldon Crystal Salt Company Ltd.
  • Saltworks Inc.
  • Infosa
  • Cheetham Salt Limited
  • Others
Report Price and Purchase Option Explore our purchase options that are best suited to your resources and industry needs.
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Gourmet Salts Market Report Snapshots

Gourmet Salts Market Size

Gourmet Salts Market Growth

Gourmet Salts Market Analysis

Gourmet Salts Market Share

Gourmet Salts Companies

*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*

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Key Questions Answered in the Report

The global gourmet salts market value is assessed to grow at a CAGR of 6.40% between 2024 and 2032.

The major drivers of the industry, such as the increased establishment of fine dining restaurants, rising demand for gourmet flavours across food service sector, increasing disposable incomes, escalating health awareness, and the growing investments in the research and development of gourmet salt manufacturing and packaging, are expected to aid the market growth.

The key market trends guiding the growth of the market include the changing consumer preferences, including the rising demand for premium products, and the rapid globalisation.

The market is broken down into North America, Europe, Asia Pacific, Latin America, the Middle East, and Africa.

The significant types include Himalayan salt, flakey salt, Sel Gris or grey salt, and speciality salts, among others.

The significant applications include bakery and confectionery, meat and poultry, seafood, and sauces and savoury, among others.

The major distribution channels in the market include supermarkets and hypermarkets, convenience stores, and online, among others.

The competitive landscape consists of Cargill Inc., Pyramid Salt Pty. Ltd., Maldon Crystal Salt Company Ltd., Saltworks Inc., Infosa, and Cheetham Salt Limited, among others.

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C130 Sector 2 Noida, Uttar Pradesh 201301

+91-858-608-1494

40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.

+63 287899028, +63 967 048 3306

6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London

+44-753-713-2163

193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City

+84865399124