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Global Gourmet Salts Market: By Type: Himalayan Salt, Flakey Salt, Sel Gris or Grey Salt, Speciality Salts, Others; By Application: Bakery and Confectionery, Others; By Distribution Channels; Regional Analysis; Historical Market and Forecast (2018-2028); Market Dynamics; Competitive Landscape; Industry Events and Developments
Global Gourmet Salts Market Outlook
The global gourmet salts market is expected to grow at a CAGR of 6.40% in the forecast period of 2023-2028.
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Increased Demand for Himalayan Salt Propelling the Market Growth of Gourmet Salts
Based on type, the Himalayan salt segment accounts for a significant share of the market for gourmet salts. 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 a 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 growth of this segment in the coming years.
The Asia Pacific Region Expected to Account for a Considerable Share of the Global Market
The Asia Pacific region is anticipated to occupy a significant share of the market for gourmet salts in the forecast period. This growth can be attributed to the increased usage of gourmet salts in the food service sector in the region, fuelled by the changing consumer taste preferences. Moreover, the rising disposable incomes and the growing purchasing power of consumers, in confluence with the escalating health awareness are expected to aid the market growth. Meanwhile, North America is expected to witness a healthy growth in the forecast period, with the growing demand for gourmet salts for cooking meat and poultry products among gourmet chefs.
Market Segmentation
Gourmet salts are speciality salts that are unrefined and naturally harvested with low sodium content and high mineral content compared to regular salt. It comprises no additives. It is also referred to as sea salt or bay salt and finds increased usage in cooking and food preservation. In addition, these salts come in a variety of forms and flavours, and also offer different textures ranging from fine to coarse, which is dependent upon the method of harvesting and processing.
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By type, the market is divided into:
- Himalayan Salt
- Flakey Salt
- Sel Gris or Grey Salt
- Speciality Salts
- Others
Based on application, the market can be categorised into:
- Bakery and Confectionery
- Meat and Poultry
- Sea Food
- Sauces and Savoury
- Others
On the basis of distribution channels, the market can be segregated into:
- Supermarkets and Hypermarkets
- Convenience Stores
- Online
- Others
The regional markets for the product include North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
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Rising Establishment of Fine Dining Restaurants and Changing Consumer Preferences to Bolster the Market Growth of Gourmet Salts
The global market for gourmet salts is being driven by the growing establishment of fine dining restaurants worldwide. This can be attributed to the rapid globalisation, which is leading to a change in the food and taste preferences of the population. This trend is further fuelled by the 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 pertaining to the health and dietary benefits offered by gourmet salts is anticipated to propel the market growth in the forecast period. However, the relatively high cost and the availability of cheaper alternatives may hamper the market growth in the coming years.
Key Players in the Global Gourmet Salts Market
The report gives a detailed analysis of the following key players in the global gourmet salts market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:
- Cargill Inc.
- Pyramid Salt Pty. Ltd.
- Maldon Crystal Salt Company Ltd.
- Saltworks Inc.
- Infosa
- Cheetham Salt Limited
- Others
The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model and SWOT analysis.
Key Highlights of the Report
| REPORT FEATURES | DETAILS |
|---|---|
| Base Year | 2022 |
| Historical Period | 2018-2022 |
| Forecast Period | 2023-2028 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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| Breakup by Type |
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| Breakup by Application |
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| Breakup by Distribution Channels |
|
| Breakup by Region |
|
| Market Dynamics |
|
| Price Analysis |
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| Competitive Landscape |
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| Companies Covered |
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| Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
| Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Market Snapshot
6.1 Global
6.2 Region
7 Opportunities and Challenges in the Market
8 Global Gourmet Salts Market Analysis
8.1 Key Industry Highlights
8.2 Global Gourmet Salts Historical Market (2018-2022)
8.3 Global Gourmet Salts Market Forecast (2023-2028)
8.4 Global Gourmet Salts Market by Type
8.4.1 Himalayan Salt
8.4.1.1 Historical Trend (2018-2022)
8.4.1.2 Forecast Trend (2023-2028)
8.4.2 Flakey Salt
8.4.2.1 Historical Trend (2018-2022)
8.4.2.2 Forecast Trend (2023-2028)
8.4.3 Sel Gris or Grey Salt
8.4.3.1 Historical Trend (2018-2022)
8.4.3.2 Forecast Trend (2023-2028)
8.4.4 Speciality Salts
8.4.4.1 Historical Trend (2018-2022)
8.4.4.2 Forecast Trend (2023-2028)
8.4.5 Others
8.5 Global Gourmet Salts Market by Application
8.5.1 Bakery and Confectionery
8.5.1.1 Historical Trend (2018-2022)
8.5.1.2 Forecast Trend (2023-2028)
8.5.2 Meat and Poultry
8.5.2.1 Historical Trend (2018-2022)
8.5.2.2 Forecast Trend (2023-2028)
8.5.3 Seafood
8.5.3.1 Historical Trend (2018-2022)
8.5.3.2 Forecast Trend (2023-2028)
8.5.4 Sauces and Savoury
8.5.4.1 Historical Trend (2018-2022)
8.5.4.2 Forecast Trend (2023-2028)
8.5.5 Others
8.6 Global Gourmet Salts Market by Distribution Channels
8.6.1 Supermarkets and Hypermarkets
8.6.1.1 Historical Trend (2018-2022)
8.6.1.2 Forecast Trend (2023-2028)
8.6.2 Convenience Stores
8.6.2.1 Historical Trend (2018-2022)
8.6.2.2 Forecast Trend (2023-2028)
8.6.3 Online
8.6.3.1 Historical Trend (2018-2022)
8.6.3.2 Forecast Trend (2023-2028)
8.6.4 Others
8.7 Global Gourmet Salts Market by Region
8.7.1 North America
8.7.1.1 Historical Trend (2018-2022)
8.7.1.2 Forecast Trend (2023-2028)
8.7.2 Europe
8.7.2.1 Historical Trend (2018-2022)
8.7.2.2 Forecast Trend (2023-2028)
8.7.3 Asia Pacific
8.7.3.1 Historical Trend (2018-2022)
8.7.3.2 Forecast Trend (2023-2028)
8.7.4 Latin America
8.7.4.1 Historical Trend (2018-2022)
8.7.4.2 Forecast Trend (2023-2028)
8.7.5 Middle East and Africa
8.7.5.1 Historical Trend (2018-2022)
8.7.5.2 Forecast Trend (2023-2028)
9 North America Gourmet Salts Market Analysis
9.1 United States of America
9.1.1 Historical Trend (2018-2022)
9.1.2 Forecast Trend (2023-2028)
9.2 Canada
9.2.1 Historical Trend (2018-2022)
9.2.2 Forecast Trend (2023-2028)
10 Europe Gourmet Salts Market Analysis
10.1 United Kingdom
10.1.1 Historical Trend (2018-2022)
10.1.2 Forecast Trend (2023-2028)
10.2 Germany
10.2.1 Historical Trend (2018-2022)
10.2.2 Forecast Trend (2023-2028)
10.3 France
10.3.1 Historical Trend (2018-2022)
10.3.2 Forecast Trend (2023-2028)
10.4 Italy
10.4.1 Historical Trend (2018-2022)
10.4.2 Forecast Trend (2023-2028)
10.5 Others
11 Asia Pacific Gourmet Salts Market Analysis
11.1 China
11.1.1 Historical Trend (2018-2022)
11.1.2 Forecast Trend (2023-2028)
11.2 Japan
11.2.1 Historical Trend (2018-2022)
11.2.2 Forecast Trend (2023-2028)
11.3 India
11.3.1 Historical Trend (2018-2022)
11.3.2 Forecast Trend (2023-2028)
11.4 ASEAN
11.4.1 Historical Trend (2018-2022)
11.4.2 Forecast Trend (2023-2028)
11.5 Australia
11.5.1 Historical Trend (2018-2022)
11.5.2 Forecast Trend (2023-2028)
11.6 Others
12 Latin America Gourmet Salts Market Analysis
12.1 Brazil
12.1.1 Historical Trend (2018-2022)
12.1.2 Forecast Trend (2023-2028)
12.2 Argentina
12.2.1 Historical Trend (2018-2022)
12.2.2 Forecast Trend (2023-2028)
12.3 Mexico
12.3.1 Historical Trend (2018-2022)
12.3.2 Forecast Trend (2023-2028)
12.4 Others
13 Middle East and Africa Gourmet Salts Market Analysis
13.1 Saudi Arabia
13.1.1 Historical Trend (2018-2022)
13.1.2 Forecast Trend (2023-2028)
13.2 United Arab Emirates
13.2.1 Historical Trend (2018-2022)
13.2.2 Forecast Trend (2023-2028)
13.3 Nigeria
13.3.1 Historical Trend (2018-2022)
13.3.2 Forecast Trend (2023-2028)
13.4 South Africa
13.4.1 Historical Trend (2018-2022)
13.4.2 Forecast Trend (2023-2028)
13.5 Others
14 Market Dynamics
14.1 SWOT Analysis
14.1.1 Strengths
14.1.2 Weaknesses
14.1.3 Opportunities
14.1.4 Threats
14.2 Porter’s Five Forces Analysis
14.2.1 Supplier’s Power
14.2.2 Buyer’s Power
14.2.3 Threat of New Entrants
14.2.4 Degree of Rivalry
14.2.5 Threat of Substitutes
14.3 Key Indicators for Demand
14.4 Key Indicators for Price
15 Value Chain Analysis
16 Price Analysis
17 Competitive Landscape
17.1 Market Structure
17.2 Company Profiles
17.2.1 Cargill Inc.
17.2.1.1 Company Overview
17.2.1.2 Product Portfolio
17.2.1.3 Demographic Reach and Achievements
17.2.1.4 Certifications
17.2.2 Pyramid Salt Pty. Ltd.
17.2.2.1 Company Overview
17.2.2.2 Product Portfolio
17.2.2.3 Demographic Reach and Achievements
17.2.2.4 Certifications
17.2.3 Maldon Crystal Salt Company Ltd.
17.2.3.1 Company Overview
17.2.3.2 Product Portfolio
17.2.3.3 Demographic Reach and Achievements
17.2.3.4 Certifications
17.2.4 Saltworks Inc.
17.2.4.1 Company Overview
17.2.4.2 Product Portfolio
17.2.4.3 Demographic Reach and Achievements
17.2.4.4 Certifications
17.2.5 Infosa
17.2.5.1 Company Overview
17.2.5.2 Product Portfolio
17.2.5.3 Demographic Reach and Achievements
17.2.5.4 Certifications
17.2.6 Cheetham Salt Limited
17.2.6.1 Company Overview
17.2.6.2 Product Portfolio
17.2.6.3 Demographic Reach and Achievements
17.2.6.4 Certifications
17.2.7 Others
18 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Global Gourmet Salts Market: Key Industry Highlights, 2018 and 2028
2. Global Gourmet Salts Historical Market: Breakup by Type (USD Million), 2018-2022
3. Global Gourmet Salts Market Forecast: Breakup by Type (USD Million), 2023-2028
4. Global Gourmet Salts Historical Market: Breakup by Application (USD Million), 2018-2022
5. Global Gourmet Salts Market Forecast: Breakup by Application (USD Million), 2023-2028
6. Global Gourmet Salts Historical Market: Breakup by Distribution Channel (USD Million), 2018-2022
7. Global Gourmet Salts Market Forecast: Breakup by Distribution Channel (USD Million), 2023-2028
8. Global Gourmet Salts Historical Market: Breakup by Region (USD Million), 2018-2022
9. Global Gourmet Salts Market Forecast: Breakup by Region (USD Million), 2023-2028
10. North America Gourmet Salts Historical Market: Breakup by Country (USD Million), 2018-2022
11. North America Gourmet Salts Market Forecast: Breakup by Country (USD Million), 2023-2028
12. Europe Gourmet Salts Historical Market: Breakup by Country (USD Million), 2018-2022
13. Europe Gourmet Salts Market Forecast: Breakup by Country (USD Million), 2023-2028
14. Asia Pacific Gourmet Salts Historical Market: Breakup by Country (USD Million), 2018-2022
15. Asia Pacific Gourmet Salts Market Forecast: Breakup by Country (USD Million), 2023-2028
16. Latin America Gourmet Salts Historical Market: Breakup by Country (USD Million), 2018-2022
17. Latin America Gourmet Salts Market Forecast: Breakup by Country (USD Million), 2023-2028
18. Middle East and Africa Gourmet Salts Historical Market: Breakup by Country (USD Million), 2018-2022
19. Middle East and Africa Gourmet Salts Market Forecast: Breakup by Country (USD Million), 2023-2028
20. Global Gourmet Salts Market Structure
Key Questions Answered in the Report
The market is projected to grow at a CAGR of 6.40% between 2023 and 2028.
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 major regions in the industry are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.
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, sea food, and sauces and savoury, among others.
The major distribution channels in the market include supermarkets and hypermarkets, convenience stores, and online, among others.
The major players in the industry are Cargill Inc., Pyramid Salt Pty. Ltd., Maldon Crystal Salt Company Ltd., Saltworks Inc., Infosa, and Cheetham Salt Limited, among others.
Analyst Review
The global gourmet salts market is being driven by the increased demand for gourmet salts in the food service sector. Aided by the changing consumer taste preferences, the market is expected to witness a further growth in the forecast period of 2023-2028, growing at a CAGR of 6.40%.
EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. By type, the market can be segmented into Himalayan salt, flakey salt, Sel Gris or grey salt, and speciality salts, among others. Based on application, the market can be categorised into bakery and confectionery, meat and poultry, sea food, and sauces and savoury, among others. On the basis of distribution channel, the market can be segregated into supermarkets and hypermarkets, convenience stores, and online, among others. The major regional markets for gourmet salts are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa. The key players in the above market include Cargill Inc., Pyramid Salt Pty. Ltd., Maldon Crystal Salt Company Ltd., Saltworks Inc., Infosa, and Cheetham Salt Limited, among others.
EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.
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