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Pulished Date February, 2020
ID: 976
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Europe Gourmet Salt Market By Type (Fleur De Sel, Sel Gris, Himalayan Salt, Flake Salt, Specialty Salt), By Application (Bakery & Confectionery, Meat & Poultry Products, Seafood Products, Sauces & Savory), And By Region - Industry Analysis, Size, Share, Growth, Trends, And Forecast to 2025

Pulished: February, 2020
ID: 976
Pages: 140

Europe Gourmet Salt Market Size & Forecast (2020-2025):

The Europe Gourmet salt market was estimated at US$ 414.12 million in 2020 and is expected to reach US$ 548.12 million by 2025, expanding at a compound annual growth rate of around 5.80% during the forecast period from 2020 to 2025.

Gourmet salts are unrefined, high-quality salts that are used in exotic kitchens to improve the taste, texture and appeal of food. They are also used to store canned food products to keep food longer. These salts, due to their high storage characteristics, find their application in the meat and seafood processing industry.

They are naturally refined unrefined salts (mainly sea salts) with relatively less sodium content and zero additives. Due to increasing exposure to media and mounting globalization, people are becoming more aware of different cuisines and are more open to experimenting with food. Using gourmet salt, the chefs improvise in the recipes, improve the organoleptic qualities and therefore increase the attractiveness. The growing demand for traditional kitchens with improved flavor has increased the demand for gourmet salt from food and beverage manufacturers and the foodservice industry.

Europe Gourmet Salt Market Growth and Trends:

Increased demand in the food and beverage and food service industries is expected to stimulate the European gourmet salt market over the forecast period. These are unrefined sea salts that are harvested by hand and give a rich texture to the food. Due to its positive properties, such as improved food taste, color, distinctive flavor, enriching aspect of food and pleasant aroma, regional demand is expected to grow strongly in years to come.

They are widely used in canned food applications as preservatives to increase their shelf life. At the same time, it is also useful for maintaining the moisture content of the products. These uses are likely to drive European industry growth over the foreseeable future. Gourmet salt also finds its application in dressings and condiments.

Drivers and Restraints:

The gourmet salt market is mainly driven by the growth of cooking and food fairs, as well as by the increase in gourmet restaurants in and around Europe. In addition, the rising standard of living of consumers and the increasing commercialization of the food industry are stimulating market growth. The tourism industry across Europe has skyrocketed in recent years, resulting in a greater number of hotels and restaurants. Several food service restaurants in the region are moving towards gourmet salt based on their health benefits compared to conventional salts.

The high sodium levels in typical salt results in health ailments like obesity, high blood pressure, diabetes and others. Gourmet salts offer a perfect solution to this by providing limited sodium content, which does not burden the human body. This aspect is anticipated to act as a determinant for the demand of gourmet salt in the coming years, increasing market opportunities for the companies operating in this business.

However, market growth may be limited due to the high price associated with gourmet salts compared to conventional salts, owing to the high cost involved in the harvest. The high costs involved in harvesting, followed by processing, packaging, labeling and marketing are expected to restrict the Europe gourmet salt market during the forecast period further.

Europe Gourmet Salt Market Segmentation Analysis:

The European gourmet salt market is segmented according to type and application.

By type, the regional market is still sub-segmented in Fleur de Sel, Gray salt, Himalayan salt, Flake salt, Specialty salt. Fleur de Sel segment has a higher demand compared to other types, attributing to its applications in vegetable foods, salads, roasted meat and others. Increasing demand for high mineral content, exceptional flavor, more solubility and other aspects are likely to drive the need for this sector in Europe in the foreseen years.

By application, the European gourmet salts market is segmented as bakery and confectionery, meat and poultry products, seafood, sauces and savory. Among these applications, the bakery and confectionery segment is predicted to contribute the maximum revenues for the entire gourmet salt market in Europe. The increased consumption of meat and seafood is also estimated to create massive growth potential for the adoption of gourmet salts in the European nations.

Europe Gourmet Salt Market Regional Analysis:

Geographically, the European gourmet salt market is segmented into nations like Germany, the United Kingdom, Spain, France and Italy. Europe is the largest consumer of these items, as well as the manufacturer due to the high demand for processed food products and, therefore, is the largest gourmet salt market in the world. European market players focus mainly on expanding their consumer base by investing more in R&D and introducing new products.

Key players:

Key Players in the Europe Gourmet Salt market are

  • Morton Salt, Inc
  • Saltworks, Inc
  • Murray River Gourmet Salt
  • Infosa
  • Cargill, Inc
  • Alaska Pure
  • Cheetham Salt Ltd
  • Pyramid Salt Pty. Ltd
  • Maldon Crystal Salt Co
  • Amagansett Sea Salt Co

These are a few of the prominent players in the gourmet salt market in Europe. The increase in technological innovations and the development of new products combined with attractive packaging are stimulating demand for gourmet salt across the European regions.

 

1. Introduction                          

          1.1 Market Definition                 

          1.2 Scope of the report              

          1.3 Study Assumptions              

          1.4 Base Currency, Base Year and Forecast Periods              

2. Research Methodology                     

          2.1 Analysis Design         

          2.2 Research Phases                  

                   2.2.1 Secondary Research 

                   2.2.2 Primary Research     

                   2.2.3 Data Modelling        

                   2.2.4 Expert Validation     

          2.3 Study Timeline           

3. Report Overview                    

          3.1 Executive Summary              

          3.2 Key Inferencees         

4. Market Dynamics                   

          4.1 Impact Analysis         

                   4.1.1 Drivers

                   4.1.2 Restaints      

                   4.1.3 Opportunities

          4.2 Regulatory Environment                 

          4.3 Technology Timeline & Recent Trends                

5. Competitor Benchmarking Analysis                      

          5.1 Key Player Benchmarking               

                   5.1.1 Market share analysis        

                   5.1.2 Products/Service     

                   5.1.3 Regional Presence   

          5.2 Mergers & Acquistion Landscape              

          5.3 Joint Ventures & Collaborations                

6. Market Segmentation                       

          6.1 Gourmet Salt Market, By Type         

                   6.1.1 Fleur De Sel   

                   6.1.2 Sel Gris

                   6.1.3 Himalayan Salt        

                   6.1.4 Flake Salt      

                   6.1.5 Specialty Salt 

                   6.1.6 Market Size Estimations & Forecasts (2019-2024)      

                   6.1.7 Y-o-Y Growth Rate Analysis        

                   6.1.8 Market Attractiveness Index        

          6.2 Gourmet Salt Market, By Application         

                   6.2.1 Bakery & Confectionery     

                   6.2.2 Meat & Poultry Products,   

                   6.2.3 Seafood Products    

                   6.2.4 Sauces & Savory      

                   6.2.5 Market Size Estimations & Forecasts (2019-2024)      

                   6.2.6 Y-o-Y Growth Rate Analysis        

                   6.2.7 Market Attractiveness Index        

7. Geographical Landscape                  

          7.1 Regional Identity Governance and Administration Market, by Region            

          7.2 Europe            

                   7.2.1 By Country    

                             7.2.1.1 UK

                             7.2.1.2 France

                             7.2.1.3 Germany

                             7.2.1.4 Spain

                             7.2.1.5 Italy

                             7.2.1.6 Rest of Europe

                   7.2.2 By Type        

                   7.2.3 By Application

8. Key Player Analysis                          

          8.1 Morton Salt, Inc         

                   8.1.1 Business Description

                   8.1.2 Products/Service     

                   8.1.3 Financials     

                   8.1.4 SWOT Analysis        

                   8.1.5 Recent Developments        

                   8.1.6 Analyst Overview    

          8.2 Saltworks, Inc.           

          8.3 Murray River Gourmet Salt              

          8.4 Infosa             

          8.5 Cargill, Inc.                

          8.6 Alaska Pure               

          8.7 Cheetham Salt Ltd.              

          8.8 Pyramid Salt Pty. Ltd.           

          8.9 Maldon Crystal Salt Co.                  

          8.10 Amagansett Sea Salt Co.               

9. Market Outlook & Investment Opportunities                   

Appendix                        

          List of Tables         

          List of Figures                 

  • Global, regional and country-level analysis and forecasts of the study market; providing Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped
  • Segment-level analysis in terms of By Type, Application and along with market size forecasts and estimations to detect key areas of industry growth in detail
  • Identification of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics
  • Study of the effect of exogenous and endogenous factors that affect the global market; which includes broadly demographic, economics, and political, among other macro-environmental factors presented in an extensive PESTLE Analysis
  • Study the micro environment factors that determine the overall profitability of an Industry, using Porter’s five forces analysis for analysing the level of competition and business strategy development
  • A comprehensive list of key market players along with with their product portfolio, current strategic interests, key financial information, legal issues, SWOT analysis and analyst overview to study and sustain the market environment
  • Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies
  • An executive summary, abridging the entire report in such a way that decision-making personnel can rapidly become acquainted with background information, concise analysis and main conclusions
  • Expertly devised analyst overview along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market

 

 

  1. Europe Gourmet Salt Market By Type, From 2020-2025 ( USD Billion )
  2. Europe Fleur De Sel Market By Region, From 2020-2025 ( USD Billion )
  3. Europe Sel Gris Market By Region, From 2020-2025 ( USD Billion )
  4. Europe Himalayan Salt Market By Region, From 2020-2025 ( USD Billion )
  5. Europe Flake Salt Market By Region, From 2020-2025 ( USD Billion )
  6. Europe Specialty Salt Market By Region, From 2020-2025 ( USD Billion )
  7. Europe Gourmet Salt Market By Application, From 2020-2025 ( USD Billion )
  8. Europe Bakery & Confectionery Market By Region, From 2020-2025 ( USD Billion )
  9. Europe Meat & Poultry Products, Market By Region, From 2020-2025 ( USD Billion )
  10. Europe Seafood Products Market By Region, From 2020-2025 ( USD Billion )
  11. Europe Sauces & Savory Market By Region, From 2020-2025 ( USD Billion )
  12. U.K. Gourmet Salt Market By Type, From 2020-2025 ( USD Billion )
  13. U.K. Gourmet Salt Market By Application, From 2020-2025 ( USD Billion )
  14. Germany Gourmet Salt Market By Type, From 2020-2025 ( USD Billion )
  15. Germany Gourmet Salt Market By Application, From 2020-2025 ( USD Billion )
  16. France Gourmet Salt Market By Type, From 2020-2025 ( USD Billion )
  17. France Gourmet Salt Market By Application, From 2020-2025 ( USD Billion )
  18. Italy Gourmet Salt Market By Type, From 2020-2025 ( USD Billion )
  19. Italy Gourmet Salt Market By Application, From 2020-2025 ( USD Billion )
  20. Spain Gourmet Salt Market By Type, From 2020-2025 ( USD Billion )
  21. Spain Gourmet Salt Market By Application, From 2020-2025 ( USD Billion )

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