Authored By: Sarah
11 Jul 2024

 Salts And Flavored Salts Market Size to grow by USD 11304.5 million between 2024-2028

According to a research report “ Salts And Flavored Salts Market” by Distribution Channel (Offline, Online) End-user (Food and beverages industry, Food service industry/quick service restaurants, Household) Geography (North America, Europe, APAC, South America, Middle East and Africa)- Global Forecast to 2028 published by Technavio, the market size is estimated to grow by USD 11304.5 million, at a CAGR of  8.09% during the forecast period. The global salts and flavored salts market is highly competitive, with vendors intensely focusing on securing regulatory approvals from bodies such as the US Food and Drug Administration (FDA). This market sector has experienced a significant uptick in new product launches of salts and flavored salts. To stay ahead of the competition, industry players employ strategies like new product introductions, collaborations, partnerships, mergers and acquisitions (M&A), and expansion projects. The market's intense competition is expected to drive established vendors to expand their market presence through strategic alliances and partnerships.

Browse market data tables, figures, and in-depth TOC on “Salts And Flavored Salts Market” by Distribution Channel (Offline, Online) End-user (Food and beverages industry, Food service industry/quick service restaurants, Household) Geography (North America, Europe, APAC, South America, Middle East and Africa) Global Forecast to 2028. Download Free Sample

 

By Distribution Channel, the Offline segment is projected to dominate the market size in 2024

In the dynamic food and beverage industry, salts and flavored salts play a pivotal role as essential ingredients. These components not only amplify taste and flavor profiles but also contribute to preservation and textural enhancement. The market encompasses a wide array of options, ranging from conventional table salt to an assortment of flavored varieties. One distinguished variant is smoked salt, which emerges through the process of smoking salt, thereby infusing it with a delicate smoky flavor. Brands such as Jacobsen Salt Co. have gained popularity for their premium smoked salt offerings, making them indispensable for grilling, roasting, and baking applications.

By End-user, Food and beverages industry  segment is expected to hold the largest market size for the year 2024

The offline segment dominated the global salts and flavored salts market in 2023, accounting for the largest market share. This trend is expected to persist throughout the forecast period. The offline distribution channel's effectiveness lies in enabling customers to physically examine food and beverage products, including salts and flavored salts, for packaging defects and checking expiration dates prior to purchase. In emerging economies like India and China, the sale of salts and flavored salts predominantly occurs through traditional retail outlets.

North America is forecasted to hold the largest market size by region in 2024

The Salts and Flavored Salts Market represents a significant business opportunity, driven by the rising demand for gourmet and artisanal food products. Consummers' increasing preference for natural and organic seasonings, coupled with the expanding food industry, fuels market growth. Key players in this sector focus on innovation, product development, and strategic collaborations to capture market share. The market is expected to witness robust expansion in the forthcoming years.

The Salts And Flavored Salts Market growth and forecasting report also includes detailed analyses of the competitive landscape of the market growth and forecasting and information about 20 market companies, including:

  • Ajinomoto Co. Inc.
  • Amagansett Sea Salt Co.
  • Cornish Sea Salt Co. Ltd.
  • El Nasr Salines Co.
  • HimalaSalt
  • Himalayan chef
  • Hoosier Hill Farm LLC
  • INFOSA
  • ITC Ltd.
  • KS Aktiengesellschaft
  • McCormick and Co. Inc.
  • Olde Thompson
  • Red Monkey Foods Inc.
  • SaltWorks Inc.
  • Suprasel
  • Tata Sons Pvt. Ltd.
  • Twang Partners LLC
  • United Salt Corp.
  • Vancouver Island Salt Co.
  • Verlag A.Vogel AG
.

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Research Analysis Overview

The Salts and Flavored Salts market encompasses a wide range of savory products, including table salt, seasoned salt, garlic salt, truffle salt, jalapeno salt, smoked salt, and more. These salts are extensively used for seasoning fish, meat, poultry, savory dishes, sauces, salads, and even beverages. The mineral content and solubility of salts make them an essential ingredient in various industries, including the fish, meat, and fast food industries. Flavored salts, such as herbs and spices infused salts, have gained popularity in recent years due to their ability to enhance the flavor profile of dishes while requiring minimal effort. The market for packaged foods and sauces has seen significant growth, with consumers increasingly opting for clean-label products and natural food alternatives. The nutritional benefits of salts and flavored salts are often overlooked. They provide essential minerals like sodium, chloride, and iodine, which are essential for maintaining proper body function. Consumer eating habits and cultural preferences, particularly in Western cultures, continue to drive demand for savory products, including salts and flavored salts. Some popular flavored salts include garlic salt, which adds a savory and slightly sweet flavor to dishes, truffle salt, which imparts an earthy and luxurious taste, jalapeno salt, which adds a spicy kick, and smoked salt, which provides a smoky and savory flavor. Seasoned salt and table salt remain staples in many households, while niche flavors like onion salt, paprika salt, and pepper salt cater to specific taste preferences. The global Salts and Flavored Salts market is expected to grow significantly in the coming years, driven by increasing consumer demand for savory and convenient food options, the rise of the fast food industry, and the growing popularity of natural and clean-label products.

Market Research Overview

The Salts and Flavored Salts market is witnessing significant growth in the Food Service Industry due to the increasing demand for savory products, including grilled vegetables, meat, fish, and sauces for salads. Normal salt is no longer enough to meet the demands of consumers seeking unique flavors and nutritional benefits. Onion, ginger, garlic, chili, lemon, and various herbs and spices are commonly used to enhance the taste of food. Food service restaurants, particularly those specializing in Western cuisines like French and Italian, are major consumers of flavored salts. The market includes a wide range of products, from gourmet salts to organic flavored salts, such as garlic salt, truffle salt, jalapeno salt, smoked salt, and seasoned salt. Consumer preferences for clean labels, allergen avoidance, and organic food ingredients are driving the market for flavored salts. Mineral content and solubility are essential factors in the selection of salts for food and beverage products. Potassium lactate, calcium chloride, magnesium sulfate, and potassium chloride are common sodium reduction ingredients used in the industry. The market is also influenced by government interventions and private company initiatives to reduce sodium levels in food products. Start-ups and established companies are commercializing a wide range of flavored salt products, including those with nutritional benefits, such as minerals and vitamins, and exotic indulgences. The semi-processed food segment is a significant market for flavored salts, with free-form labels, organic, gluten-free, and other nutritional products gaining popularity. Shelf life and preservatives are essential considerations for manufacturers, while nontoxic food flavor and healthy alternatives are key consumer concerns. The market is expected to continue growing due to Westernization trends, consumer eating habits, and the increasing popularity of natural food products.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

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