+353-1-416-8900REST OF WORLD
+44-20-3973-8888REST OF WORLD
1-917-300-0470EAST COAST U.S
1-800-526-8630U.S. (TOLL FREE)
New

India Salt Market Report and Forecast 2025-2034

  • PDF Icon

    Report

  • 109 Pages
  • May 2025
  • Region: India
  • Expert Market Research
  • ID: 6096242
The India salt market reached around USD 2.32 Billion in 2024. The market is projected to grow at a CAGR of 6.20% between 2025 and 2034, reaching almost USD 4.23 Billion by 2034.

India Salt Market Growth

In India, 167 million people are at risk of getting iodine deficiency disorder (IDD), out of which 54 million people are already suffering from goitre and 2 million from cretinism. As per government guidelines, an average adult should consume 150 micrograms of iodine daily, with the figure being 220mg and 290mg for pregnant and lactating women respectively. The poor consumption of iodine in regions like Andhra Pradesh, and Daman Diu is expected to boost the demand for iodised salt in these regions, thereby driving the market growth. Logistical challenges related to the storage and safe processing of salt are expected to witness rapid resolution, thereby driving salt demand among the masses.

Gujarat, Rajasthan, and Tamil Nadu are the leading salt-producing states of India, accounting for 76.7%, 9.86%, and 11.16% of the total production, respectively. The rest of the production comes from Maharashtra, Orissa, Goa, Himachal Pradesh, West Bengal, Andhra Pradesh, and Goa, among others. Large scale producers dominate salt production in India, with a 62% share in output, whereas small producers account for 28% of the total production. The average salt supply meant for human consumption in India amounts to 59 lakh tons, while industries take 107 lakh tons.

India Salt Industry Segmentation

India Salt Market Report and Forecast 2025-2034 offers a detailed analysis of the market based on the following segments:

Market Breakup by Type

  • Rock Salt
  • Brine
  • Solar Salt
  • Vacuum Salt

Market Breakup by Application

  • Chemical Processing
  • De-icing
  • Food Processing
  • Others

Market Breakup by Region

  • East India
  • West and Central India
  • North India
  • South India

India Salt Market Share

Based on region, the market is divided into East India, West and Central India, North India, and South India. Over the forecast period, West and Central India is expected to grow at a CAGR of 6.9% during 2025-2034. This can be attributed to the high salt production in Gujarat, which is majorly sourced from marine sources and inland lakes.

Leading Companies in the India Salt Market

Major market players are expected to boost the manufacturing of double fortified salts to enable people to consume a balanced diet and stay healthy.

  • K+S Aktiengesellschaft
  • Ankur Chemfood Ltd.
  • SKC Industries LLP
  • Shree Sai Salt
  • Tata Consumer Products Ltd.
  • Chandan Salt Works Pvt. Ltd.
  • INEOS Group
  • GHCL Limited
  • Phenix Enterprise
  • Goyal Salt Limited
  • Others

Table of Contents

1 Executive Summary
1.1 Market Size 2024-2025
1.2 Market Growth 2025(F)-2034(F)
1.3 Key Demand Drivers
1.4 Key Players and Competitive Structure
1.5 Industry Best Practices
1.6 Recent Trends and Developments
1.7 Industry Outlook
2 Market Overview and Stakeholder Insights
2.1 Market Trends
2.2 Key Verticals
2.3 Key Regions
2.4 Supplier Power
2.5 Buyer Power
2.6 Key Market Opportunities and Risks
2.7 Key Initiatives by Stakeholders
3 Economic Summary
3.1 GDP Outlook
3.2 GDP Per Capita Growth
3.3 Inflation Trends
3.4 Democracy Index
3.5 Gross Public Debt Ratios
3.6 Balance of Payment (BoP) Position
3.7 Population Outlook
3.8 Urbanisation Trends
4 Country Risk Profiles
4.1 Country Risk
4.2 Business Climate
5 Asia Pacific Salt Market Overview
5.1 Key Industry Highlights
5.2 Asia Pacific Salt Historical Market (2018-2024)
5.3 Asia Pacific Salt Market Forecast (2025-2034)
6 India Salt Market Overview
6.1 Key Industry Highlights
6.2 India Salt Historical Market (2018-2024)
6.3 India Salt Market Forecast (2025-2034)
7 India Salt Market by Type
7.1 Rock Salt
7.1.1 Historical Trend (2018-2024)
7.1.2 Forecast Trend (2025-2034)
7.2 Brine
7.2.1 Historical Trend (2018-2024)
7.2.2 Forecast Trend (2025-2034)
7.3 Solar Salt
7.3.1 Historical Trend (2018-2024)
7.3.2 Forecast Trend (2025-2034)
7.4 Vacuum Salt
7.4.1 Historical Trend (2018-2024)
7.4.2 Forecast Trend (2025-2034)
8 India Salt Market by Application
8.1 Chemical Processing
8.1.1 Historical Trend (2018-2024)
8.1.2 Forecast Trend (2025-2034)
8.2 De-Icing
8.2.1 Historical Trend (2018-2024)
8.2.2 Forecast Trend (2025-2034)
8.3 Food Processing
8.3.1 Historical Trend (2018-2024)
8.3.2 Forecast Trend (2025-2034)
8.4 Others
9 India Salt Market by Country
9.1 East India
9.1.1 Historical Trend (2018-2024)
9.1.2 Forecast Trend (2025-2034)
9.2 West and Central India
9.2.1 Historical Trend (2018-2024)
9.2.2 Forecast Trend (2025-2034)
9.3 North India
9.3.1 Historical Trend (2018-2024)
9.3.2 Forecast Trend (2025-2034)
9.4 South India
9.4.1 Historical Trend (2018-2024)
9.4.2 Forecast Trend (2025-2034)
10 Market Dynamics
10.1 SWOT Analysis
10.1.1 Strengths
10.1.2 Weaknesses
10.1.3 Opportunities
10.1.4 Threats
10.2 Porter’s Five Forces Analysis
10.2.1 Supplier’s Power
10.2.2 Buyer’s Power
10.2.3 Threat of New Entrants
10.2.4 Degree of Rivalry
10.2.5 Threat of Substitutes
10.3 Key Indicators of Demand
10.4 Key Indicators of Price
11 Value Chain Analysis
12 Trade Data Analysis (HS Code - 251)
12.1 Major Importing Countries
12.1.1 By Volume
12.1.2 By Value
12.2 Major Exporting Countries
12.2.1 By Volume
12.2.2 By Value
13 Price Analysis14 Manufacturing Process
15 Competitive Landscape
15.1 Supplier Selection
15.2 Key Global Players
15.3 Key Regional Players
15.4 Key Player Strategies
15.5 Company Profiles
15.5.1 K+S Aktiengesellschaft
15.5.1.1 Company Overview
15.5.1.2 Product Portfolio
15.5.1.3 Demographic Reach and Achievements
15.5.1.4 Certifications
15.5.2 Ankur Chemfood Ltd.
15.5.2.1 Company Overview
15.5.2.2 Product Portfolio
15.5.2.3 Demographic Reach and Achievements
15.5.2.4 Certifications
15.5.3 SKC Industries LLP
15.5.3.1 Company Overview
15.5.3.2 Product Portfolio
15.5.3.3 Demographic Reach and Achievements
15.5.3.4 Certifications
15.5.4 Shree Sai Salt
15.5.4.1 Company Overview
15.5.4.2 Product Portfolio
15.5.4.3 Demographic Reach and Achievements
15.5.4.4 Certifications
15.5.5 Tata Consumer Products Ltd.
15.5.5.1 Company Overview
15.5.5.2 Product Portfolio
15.5.5.3 Demographic Reach and Achievements
15.5.5.4 Certifications
15.5.6 Chandan Salt Works Pvt. Ltd.
15.5.6.1 Company Overview
15.5.6.2 Product Portfolio
15.5.6.3 Demographic Reach and Achievements
15.5.6.4 Certifications
15.5.7 INEOS Group
15.5.7.1 Company Overview
15.5.7.2 Product Portfolio
15.5.7.3 Demographic Reach and Achievements
15.5.7.4 Certifications
15.5.8 GHCL Limited
15.5.8.1 Company Overview
15.5.8.2 Product Portfolio
15.5.8.3 Demographic Reach and Achievements
15.5.8.4 Certifications
15.5.9 Phenix Enterprise
15.5.9.1 Company Overview
15.5.9.2 Product Portfolio
15.5.9.3 Demographic Reach and Achievements
15.5.9.4 Certifications
15.5.10 Goyal Salt Limited
15.5.10.1 Company Overview
15.5.10.2 Product Portfolio
15.5.10.3 Demographic Reach and Achievements
15.5.10.4 Certifications
15.5.11 Others

Companies Mentioned

  • K+S Aktiengesellschaft
  • Ankur Chemfood Ltd.
  • SKC Industries LLP
  • Shree Sai Salt
  • Tata Consumer Products Ltd.
  • Chandan Salt Works Pvt. Ltd.
  • INEOS Group
  • GHCL Limited
  • Phenix Enterprise
  • Goyal Salt Limited

Table Information