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Pulished Date April, 2021
ID: 975
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North America 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 Country (US, Canada and Rest of North America) - Growth, Size, Share, Trends, and Forecasts (2021-2026)

Pulished: April, 2021
ID: 975
Pages: 137

North America Gourmet Salt Market Growth and Forecast (2021-2026):

The North America Gourmet Salt Market was worth US$ xx million in 2021, and it is estimated that it will reach US$ xx million by the end of 2026 with a considerable annual growth rate between 2021 and 2026.

Market Overview:

Gourmet salt is unprocessed sea salt that is harvested naturally. Add flavour and dressing to groceries. These generally contain no additives and are generally low in sodium. It also gives food an almost exotic flavour and moisture. Gourmet salt is rich in minerals and gives food a unique flavour. In addition to its nutritional value, gourmet salt is a high-quality salt that is commonly used in the kitchen to covet rich, vivid colours and to enhance the flavour and appeal of a dish. Gourmet salt has a high mineral content and good solubility. It can be added to different types of spices and herbs to improve the aroma and colour of the fragrance. Gourmet Salt can be used as part of preparations from seafood, bakery and confectionery, poultry and others. Gourmet chefs' use of gourmet salt adds refinement and enhances the sensory qualities of the dish.

North America Gourmet Salt Market Growth:

The increasing popularity of organic foods, increasing urbanization, and rapid westernization are factors driving the growth of the North America Gourmet Salt Market.

Drivers:

Gourmet salt is rich in minerals and has a lower sodium content compared to traditional table salt. As awareness of the health benefits and nutritional components of gourmet salt increases, a significant portion of consumers have been drawn to gourmet salt. As the number of gourmet restaurants increased and the demand for gourmet cuisine increased, the demand for ingredients such as gourmet salts increased. Gourmet salt is popular not only for food connoisseurs, but also for beginners. The use of gourmet salt as a preservative in canning and canned food applications is increasing. Increased demand in the food and beverage and food service industries is expected to lead the North America Gourmet Salt Market during the forecast period. Gourmet food turned into a status symbol. The use of exotic gourmet salt from around the world has become popular. Due to positive characteristics such as food flavor, color, unique aroma, food rich appearance and pleasant aroma, demand is expected to show high growth in the coming years.

Also, as the Internet penetration rate increased and the popularity of cooking shows increased, consumers were forced to experiment with gourmet cooking at home. The globalization of gourmet cuisine indicates that a significant number of consumers are willing to pay a premium for the best exotic papillae. In many countries, the popularity of gourmet kitchens that provide consumers with exotic experiences is increasing. This will influence gourmet salt manufacturers to offer different types of products for both commercial and individual consumers, which will help the North America Gourmet Salt Market grow substantially during the outlook period. Increased health awareness and the onset of health disorders due to high levels of sodium in the body are expected to spur market growth. Gourmet salt dissolves quickly, is rich in minerals, and leads the market by providing foods with exotic flavors. These are widely preferred in the region because they are naturally harvested, have no added additives, and have a lower sodium content. Gourmet salt is recommended for live cooking shows and other gourmet foods. Public awareness of gourmet salt through food and cooking programs and social media is expected to accelerate the growth of the North America Gourmet Salt Market during the forecast period.

Restraints:

In general, gourmet salt is very costly and can be available in limited amounts only, which are limiting the expansion of this market. The logistical cost of the product is higher than the existing salt, since it requires proper care and handling during transportation. As a result, the cost of harvesting, processing, labeling, selling, and shipping is higher because the price of the product is much higher than that of conventional salt. The price also depends on the typical sources and the fact that they are hand-harvested from exotic locations. This may hinder the growth of the prospects for the North America Gourmet Salt Market.

Impact of COVID 19 on the North America Gourmet Salt Market:

Since the outbreak of the COVID-19 in December 2019, the disease has spread to almost 100 countries around the world when the World Health Organization (WHO) declared a public health emergency. The global impact of Coronavirus disease 2019 has already begun to be detected and will have a major impact on the gourmet salt market by 2020.

North America Gourmet Salt Market Segmentation Analysis:

The North America Gourmet Salt Market is classified by product and application.

By product, Fleur De Sel represented more than 35% of the total share of the gourmet salt market in 2018. The potential for strong application of salads, grilled meats and vegetable dishes will support demand for products. This product is widely accepted as a bakery product for seasoning caramel, bread and chocolate due to its exotic flavor, high mineral content, better solubility and moisture. Sel Gris will witness the growth of the GAGR market of more than 8% until 2025, which is used in culinary and decorative products. Sel Gris does not extract moisture from food, such as seasoning meat and vegetables, making it more suitable for healthier foods.

By application, the North America Gourmet Salt market is divided into bakery and confectionery, meats and seabirds, sauces and flavors. Meat and poultry processing applications will exceed $ 500 million by 2024. In the region, meat consumption is expected to increase, resulting in increased disposable income and a focus on lifestyles. healthy for years to come. The rising call for meat processing and the preservation of canned meats will favor the growth of the North American gourmet salt market. Baking and confectionery have been observed to be the fastest-growing applications with an average annual growth rate of over 8.5% by 2024, which is widely recognized in confectionery and confectionery by improving the taste of food, the aroma, appearance, color and unique aromatic properties.

Regional Analysis:

Geographically the North America Gourmet Salt Market is segmented into US, Canada and Rest of North America. North America is expected to be the fastest-growing region due to increased disposable income for consumers in developed countries such as Canada and the United States, which will affect purchasing patterns for gourmet salt products. Agricultural activities and the use of the latest technology in the existing processed food market is estimated to drive demand from the gourmet salt market in the area.

Key Players in the Market:

Major key players in the North America Gourmet Salt Market are

  • SaltWorks, Inc
  • Infosa
  • Marblehead Salt Co. LLC
  • Murray River Gourmet Salt
  • Cargill, Inc
  • Morton Salt, Inc
  • Cheetham Salt Ltd
  • Alaska Pure
  • Maldon Crystal Salt
  • Pyramid Salt Pty. Ltd
  • Amagansett Sea Salt Co
  • CK Life Sciences Int'l

 

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 (2021-2026)   

                   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 (2021-2026)   

                   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 North America - Market Analysis (2021-2026)         

                   7.2.1 By Country   

                             7.2.1.1 USA

                             7.2.1.2 Canada

                   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 Cargill, Inc                

          8.4 Murray River Salt                 

          8.5 Alaska Pure Sea Salt Co                 

          8.6 Amagansett Sea Salt Co                 

          8.7 Kalahari Pristine Salt Worx,            

          8.8 Maldon Crystal 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
  • The 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 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. North America Gourmet Salt Market By Type, From 2021-2026 ( USD Billion )
  2. North America Fleur De Sel Market By Region, From 2021-2026 ( USD Billion )
  3. North America Sel Gris Market By Region, From 2021-2026 ( USD Billion )
  4. North America Himalayan Salt Market By Region, From 2021-2026 ( USD Billion )
  5. North America Flake Salt Market By Region, From 2021-2026 ( USD Billion )
  6. North America Specialty Salt Market By Region, From 2021-2026 ( USD Billion )
  7. North America Gourmet Salt Market By Application, From 2021-2026 ( USD Billion )
  8. North America Bakery & Confectionery Market By Region, From 2021-2026 ( USD Billion )
  9. North America Meat & Poultry Products Market By Region, From 2021-2026 ( USD Billion )
  10. North America Seafood Products Market By Region, From 2021-2026 ( USD Billion )
  11. North America Sauces & Savory Market By Region, From 2021-2026 ( USD Billion )
  12. United States Gourmet Salt Market By Type, From 2021-2026 ( USD Billion )
  13. United States Gourmet Salt Market By Application, From 2021-2026 ( USD Billion )
  14. Canada Gourmet Salt Market By Type, From 2021-2026 ( USD Billion )
  15. Canada Gourmet Salt Market By Application, From 2021-2026 ( USD Billion )

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