Global Salts and Flavored Salts Market - Trends and Forecasts 2017 - 2022

  • ID: 4387116
  • Report
  • Region: Global
  • 157 pages
  • Mordor Intelligence
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The global salts and flavored salts market is expected to reach USD XX billion by 2021 from USD XX Billion in 2016, witnessing a CAGR of XX% during the forecasted period.

Global Salts and Flavored Salts Market Dynamics

The salt industry shall remain an ever-popular market with salt being essential for humans. The flavored salts market is influenced directly by the trends in the food industry, particularly the fast food and meat industries. The market is considered a recession-proof market as consumers can use flavored salts for home cooking as well. Globalization and high influence of westernization in the emerging countries are fueling demand for foreign cuisines such as Italian and French food, which calls for specialized flavors and seasonings. There is also a growing opportunity in the market for organic flavored salts made from all natural ingredients.

There is a growing awareness among consumers on the ill effects of excess sodium intake and the harmful effects of fast food. Therefore, the health food trend is the major restraint in the industry.

Global Salts and Flavored Salts Market Segmentation

The market is regionally segmented with Asia-Pacific being the highest manufacturer and consumer. Table salt is the most consumed seasoning in the developing world. It is the most easily available seasoning and a popular way of preserving food in the Asian countries.

North America makes up the largest market for flavored salts followed by Europe due to its high dispensable income and the resulting high fast food consumption. Asia-Pacific is forecasted to grow at the highest rate with increasing urbanization in developing countries like China, India, Indonesia and Malaysia.

The market is further segmented according to product type i.e., table salt, butter salt, garlic salt, onion salt, celery salt, truffle salt, smoked salt, and others. Table salt has the most market share, with its wide range of application in all foods ranging from sweet to savory. Garlic butter is a popular all-purpose flavored salt, used in fast food industry. Butter salt comes in next with its application in the popcorn industry.

Leaders in the Global Salts and Flavored Salts Market

The key market players in the market are Morton, McCormick, Schwartz, Borsari, and Lawry.
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1. Introduction
1.1 Key Deliverables of the Study
1.2 Study Assumptions
1.3 Market Definition
2. Research Approach & Methodology
2.1 Introduction
2.2 Research Designs
2.3 Study Timelines
2.4 Study Phases
2.4.1 Secondary Research
2.4.2 Discussion Guide
2.4.3 Market Engineering and Econometric Modelling
2.4.4 Expert Validation
3. Key Findings
4. Market Overview
4.1 Drivers
4.1.1 Salt as a Basic Requirement in Human Nutrition
4.1.2 Easy Availability and Low Cost of Table Salt
4.1.3 Increased Consumption of Meat
4.1.4 Raising Consumption of Fast Food
4.2 Restraints
4.2.1 Ill Effects of Excess Sodium Intake
4.2.2 Raising Awareness of Harmful Effects of Takeout Food
4.2.3 Demand for Low Sodium Food
4.2.4 Growing Preference for Natural and Organic Food
4.3 Opportunities
4.3.1 Innovation of New Flavors
4.3.2 Increasing Disposable Income in Developing Countries
4.4 Porter Five Forces Analysis
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of New Entrants
4.4.4 Threat of Substitute Products and Services
4.4.5 Degree of Competition
5. Market Segmentation
5.1 By Product Type
5.1.1 Table Salt
5.1.2 Butter Salt
5.1.3 Garlic Salt
5.1.4 Onion Salt
5.1.5 Smoked Salt
5.1.6 Celery Salt
5.1.7 Truffle Salt
5.1.8 Others
5.2 By Distribution Channel
5.2.1 Supermarkets
5.2.2 Retailers
5.2.3 Online Stores
5.2.4 Others
5.3 By Geography
5.3.1 North America United States Canada Mexico Others
5.3.2 Europe Spain UK France Germany Russia Italy Others
5.3.3 Asia-Pacific China India Japan Australia Others
5.3.4 South America Brazil Argentina Others
5.3.5 Africa South Africa Others
6. Competitive Landscape
6.1 Mergers & Acquisitions
6.2 Joint Ventures
6.3 New Product Launches
6.4 Most Active Companies in the Past Five Years
6.5 Market Share Analysis
7. Company Profiles
7.1 Table Salt:
7.1.1 Morton Salt
7.1.2 Tata Group
7.1.3 Cerebos
7.1.4 Windsor
7.1.5 Catch
7.1.6 United Salt Coorporation
7.1.7 Südsalz
7.1.8 Akzo Nobel
7.1.9 Compass Minerals
7.1.10 Südwestdeutsche Salzwerke
7.1.11 Dampier Salt
7.1.12 Swiss Saltworks
7.1.13 Salinas Coorporation
7.1.14 Dev Salt Private
7.1.15 British Salt
7.1.16 Cheetam Salt
7.1.17 Italkali Società Italiana Sali Alcalini
7.2 Flavored Salts:
7.2.1 Mccormick
7.2.2 Schwartz
7.2.3 Lawry
7.2.4 Andy Seasoning
7.2.5 Kernal Season
7.2.6 Jess Hall
7.2.7 The Original Smoke And Spice Company
7.2.8 Saltworks
7.2.9 Sabrosa Salt Co.
7.2.10 Borsari
7.2.11 Hawaiian Island Salt Company
7.2.12 Ajinomoto Co.Inc
8. Appendix
8.1 Disclaimer
8.2 Sources
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Note: Product cover images may vary from those shown