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Pulished Date August, 2021
ID: 12091
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Salt Additives Market by Type (free-flowing or conditioning agents, anticaking agents, iodine), by Application (agriculture, water conditioning, industrial chemicals, and food-grade salts), and Region (North America, Europe, Asia Pacific, Latin America, and Middle East and Africa) – Global Industry Analysis on Market Size, Growth, Share, Demand Analysis Forecast Report 2021-2026

Pulished: August, 2021
ID: 12091
Pages: 150

Salt Additives Market Size Share Trends Analysis 2021-2026:

Salt Additives Market is anticipated at USD 36.25 billion in 2021 and is likely to range from over USD 55 billion by 2026. The Salt Additives Market is estimated to experience reasonable growth to record a CAGR of 6.25% throughout the estimated period (2021-2026). specifies that the salt may contain up to 2% free-flowing food grade agent’s conditioners and anti-caking agents.

Recent Developments

In April 2021, Stone Canyon Industry Holdings LLC and its holding company SCIH Salt Holdings Inc. made an agreement with the Department of Justice to resolve their investigation into the acquisition of the SCIH Inc.'s Morton Salt Project. Under the settlement agreement, which is subject to review by the Tunney Act, Stone Canyon, and SCIH must divest all evaporated salt assets to complete the Morton acquisition. This settlement agreement is notable because the assignment consisted of the buyer divesting its own assets to reach an agreement without an assignment buyer being identified.

Michelman acquired the Licomer business from Clariant, based in Europe. The company has appointed Vladimir Nuñez as Commercial Director of Licomer.

The Brazilian unit of Cargill Inc reached an agreement to acquire a national manufacturer of balanced feed, an executive said. Cargill has sought to diversify into new businesses as global grain traders face reduced margins due to excess harvests.

Market Drivers and Restraints:

The salt additives market is expected to experience remarkable growth during the forecast period. The increasing level of awareness among people and increasing health awareness among people regarding diet and health are expected to drive market demand growth. It is designed to stimulate the metabolism so that the body can burn calories more efficiently. It can also help with cravings. The main limitation is the harmful health effects caused by salt additives, such as high blood pressure and increased consumer preferences for low-salt products.

The main limitation is the harmful health effects caused by salt additives, such as high blood pressure and low blood pressure, linked to salt consumption, and increased consumer preferences for low-end products in salt are limiting factors for the Salt Additives Market.

Market Segmentation:

Type

  • Iodine
  • Anti-caking agents
  • Fluid agents or conditioning agents

Iodine is anticipated to be the main part owing to the high use of potassium iodide as a dry component in the salt throughout the manufacturing process.

Application

  • Food grade salts
  • Industrial chemicals
  • Water conditioning
  • Agriculture

In the middle of these industrial chemicals, it is anticipated to be the foremost section owing to the increasing use of salt additives in the manufacturing chemicals applications section.

Regional Analysis:

North America Salt Additives Market is estimated to be the highest share in the Global Market among all regions.

The Market for Salt Additives has been categorized on the basis of geography to offer a clear understanding of the market; the world Market for Salt Additives has been studied in four regions: Europe, Asia Pacific, North America, Latin America, and the Middle East and Africa.

North America is estimated to be the top market segment in the total salt additives market among all regions. In North America, the United States is the most dominant country because iodine is added as potassium iodide in salt and is one of two sources of iodine authorized by the FDA (Food and Drug Administration).

Nonetheless, Asia-Pacific is likely to see outstanding development owing to growing consumer awareness of the usage of numerous Salt Additives in many applications such as agriculture and food. Europe was third the largest Salt Additives Market in 2015. Latin American is anticipated to make substantial opportunities for companies operating in the Salt Additives Market.

The Middle East and Africa are some of the main emerging regions, which will generate significant opportunities in the Salt Additives Market during the anticipated period due to the fact that the different salt manufacturers have made common salt and iodized salt available to final consumers at the same price.

MARKET REPORT COVERAGE:

REPORT STATISTICS

INSIGHTS

Market Size Available

2020 – 2026

Base Year

2020

Forecast Period

2021 - 2026

CAGR

6.2%

Segments Covered

By Type, and By Application

Various Analyses Covered

Global, Regional & Country Level Analysis, Segment-Level Analysis, DROC, PESTLE Analysis, Porter’s Five Forces Analysis, Competitive Landscape, Analyst Overview on Investment Opportunities, Company Profiles, Primary and Secondary Analysis, Company's Revenue Analysis, and etc.

Regions Covered

North America, Europe, Asia Pacific, Latin America, Middle East, and Africa, and Rest of the World

Leading Company

Cargill Inc. had the largest share of the Salt Additives Market in terms of sales revenue in 2021.

Key Players

The Salt Additives Market is concentrated with well-established players. Key players in the Salt Additives Market include Cheetham Salt Ltd., Cargill, Alaska Pure, AkzoNobel Industrial Chemicals, CK Life Sciences Int'l., (Holdings) Inc, PPG Industries, Inc., Tata Chemicals Limited, and IodiTech

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 Salt Additives Market, By Type                           

                                6.1.1 Iodine       

                                6.1.2 Anti-caking agents

                                6.1.3 Fluid agents or conditioning agents              

                                6.1.4 Market Size Estimations & Forecasts (2021-2026)   

                                6.1.5 Y-o-Y Growth Rate Analysis              

                                6.1.6 Market Attractiveness Index           

                6.2 Salt Additives Market, By Application                              

                                6.2.1 Food grade salts   

                                6.2.2 Industrial chemicals            

                                6.2.3 Water conditioning             

                                6.2.4 Agriculture              

                                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 Global Salt Additives 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       

                7.3 Europe                         

                                7.3.1 By Country              

                                                7.3.1.1 UK

                                                7.3.1.2 France

                                                7.3.1.3 Germany

                                                7.3.1.4 Spain

                                                7.3.1.5 Italy

                                                7.3.1.6 Rest of Europe

                                7.3.2 By Type    

                                7.3.3 By Application       

                7.4 Asia Pacific                  

                                7.4.1 By Country              

                                                7.4.1.1 China

                                                7.4.1.2 India

                                                7.4.1.3 Japan

                                                7.4.1.4 South Korea

                                                7.4.1.5 South East Asia

                                                7.4.1.6 Australia & NZ

                                                7.4.1.7 Rest of Asia-Pacific

                                7.4.2 By Type    

                                7.4.3 By Application       

                7.5 Latin America                            

                                7.5.1 By Country              

                                                7.5.1.1 Brazil

                                                7.5.1.2 Argentina

                                                7.5.1.3 Mexico

                                                7.5.1.4 Rest of Latin America

                                7.5.2 By Type    

                                7.5.3 By Application       

                7.6 Middle East and Africa                           

                                7.6.1 By Country              

                                                7.6.1.1 Middle East

                                                7.6.1.2 Africa

                                7.6.2 By Type    

                                7.6.3 By Application       

8. Key Player Analysis                                    

                8.1 Cheetham Salt Ltd.                  

                                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 Cargill                            

                8.3 Alaska Pure                

                8.4 AkzoNobel Industrial Chemicals                         

                8.5 CK Life Sciences Int'l., (Holdings) Inc                 

                8.6 PPG Industries, Inc                  

                8.7 Tata Chemicals Limited                          

                8.8 IodiTech                      

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 Type, and Application 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. Global Salt Additives Market By Region, From 2021-2026 ( USD Billion )
  2. Global Salt Additives Market By Type, From 2021-2026 ( USD Billion )
  3. Global Iodine Market By Region, From 2021-2026 ( USD Billion )
  4. Global Anti-caking agents Market By Region, From 2021-2026 ( USD Billion )
  5. Global Fluid agents or conditioning agents Market By Region, From 2021-2026 ( USD Billion )
  6. Global Salt Additives Market By Application, From 2021-2026 ( USD Billion )
  7. Global Food grade salts Market By Region, From 2021-2026 ( USD Billion )
  8. Global Industrial chemicals Market By Region, From 2021-2026 ( USD Billion )
  9. Global Water conditioning Market By Region, From 2021-2026 ( USD Billion )
  10. Global Agriculture Market By Region, From 2021-2026 ( USD Billion )
  11. North America Salt Additives Market By Type, From 2021-2026 ( USD Billion )
  12. North America Iodine Market By Region, From 2021-2026 ( USD Billion )
  13. North America Anti-caking agents Market By Region, From 2021-2026 ( USD Billion )
  14. North America Fluid agents or conditioning agents Market By Region, From 2021-2026 ( USD Billion )
  15. North America Salt Additives Market By Application, From 2021-2026 ( USD Billion )
  16. North America Food grade salts Market By Region, From 2021-2026 ( USD Billion )
  17. North America Industrial chemicals Market By Region, From 2021-2026 ( USD Billion )
  18. North America Water conditioning Market By Region, From 2021-2026 ( USD Billion )
  19. North America Agriculture Market By Region, From 2021-2026 ( USD Billion )
  20. United States Salt Additives Market By Type, From 2021-2026 ( USD Billion )
  21. United States Salt Additives Market By Application, From 2021-2026 ( USD Billion )
  22. Canada Salt Additives Market By Type, From 2021-2026 ( USD Billion )
  23. Canada Salt Additives Market By Application, From 2021-2026 ( USD Billion )
  24. Europe Salt Additives Market By Type, From 2021-2026 ( USD Billion )
  25. Europe Iodine Market By Region, From 2021-2026 ( USD Billion )
  26. Europe Anti-caking agents Market By Region, From 2021-2026 ( USD Billion )
  27. Europe Fluid agents or conditioning agents Market By Region, From 2021-2026 ( USD Billion )
  28. Europe Salt Additives Market By Application, From 2021-2026 ( USD Billion )
  29. Europe Food grade salts Market By Region, From 2021-2026 ( USD Billion )
  30. Europe Industrial chemicals Market By Region, From 2021-2026 ( USD Billion )
  31. Europe Water conditioning Market By Region, From 2021-2026 ( USD Billion )
  32. Europe Agriculture Market By Region, From 2021-2026 ( USD Billion )
  33. U.K. Salt Additives Market By Type, From 2021-2026 ( USD Billion )
  34. U.K. Salt Additives Market By Application, From 2021-2026 ( USD Billion )
  35. Germany Salt Additives Market By Type, From 2021-2026 ( USD Billion )
  36. Germany Salt Additives Market By Application, From 2021-2026 ( USD Billion )
  37. France Salt Additives Market By Type, From 2021-2026 ( USD Billion )
  38. France Salt Additives Market By Application, From 2021-2026 ( USD Billion )
  39. Italy Salt Additives Market By Type, From 2021-2026 ( USD Billion )
  40. Italy Salt Additives Market By Application, From 2021-2026 ( USD Billion )
  41. Spain Salt Additives Market By Type, From 2021-2026 ( USD Billion )
  42. Spain Salt Additives Market By Application, From 2021-2026 ( USD Billion )
  43. Asia Pacific Salt Additives Market By Type, From 2021-2026 ( USD Billion )
  44. Asia Pacific Iodine Market By Region, From 2021-2026 ( USD Billion )
  45. Asia Pacific Anti-caking agents Market By Region, From 2021-2026 ( USD Billion )
  46. Asia Pacific Fluid agents or conditioning agents Market By Region, From 2021-2026 ( USD Billion )
  47. Asia Pacific Salt Additives Market By Application, From 2021-2026 ( USD Billion )
  48. Asia Pacific Food grade salts Market By Region, From 2021-2026 ( USD Billion )
  49. Asia Pacific Industrial chemicals Market By Region, From 2021-2026 ( USD Billion )
  50. Asia Pacific Water conditioning Market By Region, From 2021-2026 ( USD Billion )
  51. Asia Pacific Agriculture Market By Region, From 2021-2026 ( USD Billion )
  52. Japan Salt Additives Market By Type, From 2021-2026 ( USD Billion )
  53. Japan Salt Additives Market By Application, From 2021-2026 ( USD Billion )
  54. China Salt Additives Market By Type, From 2021-2026 ( USD Billion )
  55. China Salt Additives Market By Application, From 2021-2026 ( USD Billion )
  56. India Salt Additives Market By Type, From 2021-2026 ( USD Billion )
  57. India Salt Additives Market By Application, From 2021-2026 ( USD Billion )
  58. Australia Salt Additives Market By Type, From 2021-2026 ( USD Billion )
  59. Australia Salt Additives Market By Application, From 2021-2026 ( USD Billion )
  60. South Korea Salt Additives Market By Type, From 2021-2026 ( USD Billion )
  61. South Korea Salt Additives Market By Application, From 2021-2026 ( USD Billion )
  62. Latin America Salt Additives Market By Type, From 2021-2026 ( USD Billion )
  63. Latin America Iodine Market By Region, From 2021-2026 ( USD Billion )
  64. Latin America Anti-caking agents Market By Region, From 2021-2026 ( USD Billion )
  65. Latin America Fluid agents or conditioning agents Market By Region, From 2021-2026 ( USD Billion )
  66. Latin America Salt Additives Market By Application, From 2021-2026 ( USD Billion )
  67. Latin America Food grade salts Market By Region, From 2021-2026 ( USD Billion )
  68. Latin America Industrial chemicals Market By Region, From 2021-2026 ( USD Billion )
  69. Latin America Water conditioning Market By Region, From 2021-2026 ( USD Billion )
  70. Latin America Agriculture Market By Region, From 2021-2026 ( USD Billion )
  71. Brazil Salt Additives Market By Type, From 2021-2026 ( USD Billion )
  72. Brazil Salt Additives Market By Application, From 2021-2026 ( USD Billion )
  73. Argentina Salt Additives Market By Type, From 2021-2026 ( USD Billion )
  74. Argentina Salt Additives Market By Application, From 2021-2026 ( USD Billion )
  75. Mexico Salt Additives Market By Type, From 2021-2026 ( USD Billion )
  76. Mexico Salt Additives Market By Application, From 2021-2026 ( USD Billion )
  77. Rest of Latin America Salt Additives Market By Type, From 2021-2026 ( USD Billion )
  78. Rest of Latin America Salt Additives Market By Application, From 2021-2026 ( USD Billion )
  79. Middle East and Africa Salt Additives Market By Type, From 2021-2026 ( USD Billion )
  80. Middle East and Africa Iodine Market By Region, From 2021-2026 ( USD Billion )
  81. Middle East and Africa Anti-caking agents Market By Region, From 2021-2026 ( USD Billion )
  82. Middle East and Africa Fluid agents or conditioning agents Market By Region, From 2021-2026 ( USD Billion )
  83. Middle East and Africa Salt Additives Market By Application, From 2021-2026 ( USD Billion )
  84. Middle East and Africa Food grade salts Market By Region, From 2021-2026 ( USD Billion )
  85. Middle East and Africa Industrial chemicals Market By Region, From 2021-2026 ( USD Billion )
  86. Middle East and Africa Water conditioning Market By Region, From 2021-2026 ( USD Billion )
  87. Middle East and Africa Agriculture Market By Region, From 2021-2026 ( USD Billion )
  88. Middle East Salt Additives Market By Type, From 2021-2026 ( USD Billion )
  89. Middle East Salt Additives Market By Application, From 2021-2026 ( USD Billion )
  90. Africa Salt Additives Market By Type, From 2021-2026 ( USD Billion )
  91. Africa Salt Additives Market By Application, From 2021-2026 ( USD Billion )

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