Gourmet Salts Market trends research and projections for 2017-2024

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Gourmet Salts Market size to hit 1.5bn by 2024
Global Market Insights Inc.
Fuel Cell Market size worth 25.5bn by 2024
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Key Insights from Gourmet Salts Market

• Potential outlook in culinary preserving
  applications along with increasing adoption of
  gourmet food in luxury restaurants globally will
  propel the gourmet salts market size. Enhancing
  taste, flavor and aroma in foods are the key
  properties stimulating industry growth.
• Rising consumer spending on food beverages due
  to changing lifestyle will drive the industry
  demand. Global food beverage industry will
  surpass USD 9.5 trillion by 2024 growing at over
  3.4. Increasing product consumption in dressing
  and seasoning of foods will further support the
  product scope.
• High preservation and moisture retaining property
  has resulted in increasing applications in
  seafood meat processing to improve the
  shelf-life. Global per capita fish consumption
  reached 20.5 kg per capita, with annual growth
  around 1 in 2016.

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Continued...

• 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.
• Fleur de sel holds 35 of the overall gourmet
  salts market share. Strong outlook in roasted
  meats, vegetables dishes and salads will support
  the product demand. High magnesium chloride and
  calcium content makes it beneficial for human
  consumption. High moisture absorption enhancing
  flavors to the taste buds will drive the demand.
• 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..

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

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360 Analysis

• Application Trends
• Strong application potential in meat processing
  and preservation of canned meats, hams, roasts,
  meatballs, and fish will favor gourmet salts
  market growth. According to OECD, meat
  consumption in developed countries on average is
  around 80 kilograms per person compared to 32
  kilograms per person in developing countries.
• Regional Trends
• Europe, driven by Germany and UK dominated the
  gourmet salts market demand and accounted for
  over 35 in 2016. Surge in demand for nutritional
  food items with the aging population to increase
  the life expectancy level will benefit product
  demand. Currently, the region accounts for more
  than 24 of the population aged over 60.
• Competitive Market Share
• Global gourmet salts market key players include
  Cargill, Infosa, San Francisco Saltsworks,
  Mortan, Murray River, Amagansett, Pyramid,
  Alaska, Maldon Crystal, and Devonshire. The
  market of this industry is competitive in nature
  owing to the presence of a limited number of
  manufacturers.

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