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Base Year
Historical Year
Forecast Year
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% |
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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.
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.
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.
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“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
Market Breakup by Application
Market Breakup by Distribution Channels
Market Breakup by Region
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% |
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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.
The companies operate in agriculture, food production, and industrial services. Its diverse portfolio includes grains, oils, animal nutrition, and speciality ingredients.
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:
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Breakup by Type |
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Breakup by Application |
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Breakup by Distribution Channels |
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Breakup by Region |
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Market Dynamics |
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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. |
*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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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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Australia
63 Fiona Drive, Tamworth, NSW
+61 448 06 17 27
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-858-608-1494
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City,1226.
+63 287899028, +63 967 048 3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
United States (Head Office)
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84865399124
United States (Head Office)
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Australia
63 Fiona Drive, Tamworth, NSW
+61 448 06 17 27
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-858-608-1494
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.
+63 287899028, +63 967 048 3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84865399124
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