Salt Market Report 2026

The salt market size has grown strongly in recent years. It will grow from $41.85 billion in 2025 to $44.97 billion in 2026 at a compound annual growth rate (CAGR) of 7.4%. The growth in the historic period can be attributed to expansion of chemical manufacturing activities, rising demand for de-icing salt, growth of food processing industries, availability of large natural salt reserves, increased use of salt in industrial applications.

The salt market size is expected to see strong growth in the next few years. It will grow to $61.42 billion in 2030 at a compound annual growth rate (CAGR) of 8.1%. The growth in the forecast period can be attributed to increasing demand from water treatment facilities, rising adoption of sustainable salt extraction methods, expansion of chemical and pharmaceutical sectors, growing focus on resource-efficient mining, increasing infrastructure development. Major trends in the forecast period include increasing adoption of mechanized salt mining operations, rising demand for high-purity industrial salt, expansion of solar evaporation salt production, growing focus on energy-efficient mining practices, enhanced use of advanced crushing and grading techniques.

The rising demand for food is expected to drive the growth of the salt market in the coming years. Food includes any substance consumed by living organisms to provide essential nutrients for sustenance and energy. Salt is used to enhance flavors in food, making them more pronounced and enjoyable. It can reduce bitterness, balance sweetness, and even amplify savory notes. For example, in February 2025, the United States Department of Agriculture (USDA), a U.S.-based government agency, reported that spending on food accounted for 12.9 percent of total household expenditures in 2023. Hence, the increasing demand for food is propelling the growth of the salt market.

Leading companies in the salt market are concentrating on creating innovative solutions, such as pink salt, to meet the increasing consumer demand for natural and health-focused products. Pink salt mainly refers to Himalayan pink salt, a naturally occurring mineral salt obtained from the Khewra Salt Mine in Pakistan, located near the Himalayas. For example, in May 2024, ITC Limited, a conglomerate based in India, introduced Himalayan Pink Salt, a new product that highlights purity and natural sourcing. This salt, known as Sendha Namak or Saindhava Lavana in India, is extracted from Himalayan salt mines and is distinguished by its naturally deep pink hue, which is attributed to high-quality sourcing without any added colors.

In January 2024, Tata Consumer Products, a fast-moving consumer goods company based in India, acquired Organic India for an undisclosed sum. This acquisition aims to solidify Tata Consumer Products' position in the expanding health and wellness sector by bringing Organic India on board, which will diversify its high-margin product portfolio and improve distribution synergies to boost growth and market penetration. Organic India is an Indian company that specializes in salt, particularly Pink Rock Salt.

Major companies operating in the salt market are Cargill Inc., China National Salt Industry Corporation, Tata Chemicals Limited, K+S AG, Compass Minerals International Inc., Infosa, Les Salins du Midi et des Alpes, Morton Salt Inc., Diamond Crystal Brands, Salt Lake Minerals Ltd., Schweizer Salinen AG, Avery Salt Company, United Salt Corp., Sambhar Salts Limited, National Salt Company Ltd., Salinen Austria AG, Hindustan Salt Limited, Salinera Española S.A., Waggar Salt Limited, Dead Sea Works Ltd.

Asia-Pacific was the largest market in the Salt market in 2025. The regions covered in the salt market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the salt market report are China, India, Japan, Australia, Indonesia, South Korea, Bangladesh, Thailand, Vietnam, Malaysia, Singapore, Philippines, Hong Kong, Taiwan, New Zealand, UK, Germany, France, Italy, Spain, Austria, Belgium, Denmark, Finland, Ireland, Netherlands, Norway, Portugal, Sweden, Switzerland, Russia, Czech Republic, Poland, Romania, Ukraine, USA, Canada, Mexico, Brazil, Chile, Argentina, Colombia, Peru, Saudi Arabia, Israel, Iran, Turkey, UAE, Egypt, Nigeria, South Africa.

The Salt market includes revenues earned by entities by providing mining services such as solar evaporation method, rock Salt method, and vacuum evaporation method. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

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