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Salt Global Market Report 2024

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    Report

  • 250 Pages
  • February 2024
  • Region: Global
  • The Business Research Company
  • ID: 5769471
The salt market size has grown strongly in recent years. It will grow from $41.91 billion in 2023 to $45.7 billion in 2024 at a compound annual growth rate (CAGR) of 9.0%. The growth observed in the historical period can be attributed to factors such as the expansion of the food processing industry, developments in the chemical industry, the demand for de-icing and snow removal applications, water treatment practices, and the utilization of salt in livestock and agriculture.

The salt market size is expected to see strong growth in the next few years. It will grow to $61.51 billion in 2028 at a compound annual growth rate (CAGR) of 7.7%. The anticipated growth in the forecast period can be attributed to the expanding food industry, ongoing urbanization and infrastructure development, solutions addressing water scarcity, trends in health and wellness, and the use of salt in livestock and aquaculture. Key trends expected during this period involve an increased demand in developing regions, the application of salt in non-food industries, innovations in packaging, a focus on traceability and transparency, and the exploration of salt alternatives and substitutes.

The salt market is poised for growth due to the increasing demand for mining activities. Mining, involving the extraction of valuable minerals from the Earth's surface or beneath its crust, utilizes salt solutions to temporarily freeze the ground in open-pit mines, enabling excavation in soft or unstable zones. In the United States, mines contributed to the production of non-fuel mineral commodities valued at approximately $98.2 billion in 2022, marking a $3.6 billion increase from the revised 2021 total of $94.6 billion. The production value of industrial minerals in the U.S. for 2022 was estimated at $63.5 billion, constituting around 65% of the overall mine production value in the country. Hence, the growing demand for mining activities is a key driver for the salt market.

The salt market is expected to witness growth fueled by the increasing demand for food. Salt plays a crucial role in enhancing flavors in food, making them more pronounced and enjoyable. It can suppress bitterness, round out sweetness, and intensify savory notes. In the U.S., food expenditures represented 12.8 percent of total spending by households in 2022, a slight increase from the 12.4 percent recorded in 2021. Among household expenditure categories, food ranked third, following housing and transportation. Therefore, the rising demand for food is a significant factor driving the growth of the salt market.

Salt companies are adopting multipurpose mining equipment for the extraction of rock salt from underground deposits. This equipment not only allows control of carbon emissions underground but also enhances productivity while reducing costs. This represents a notable trend in the salt market, emphasizing efficiency and environmental considerations.

Major companies in the salt market are innovating by introducing products such as zinc-added salt to cater to larger customer bases, boost sales, and increase revenue. Zinc-added salt involves enriching common table salt (sodium chloride) with the essential trace element zinc. For instance, Tata Salt, an India-based salt company, launched Tata Salt Immuno in April 2022. Distinguished as a pioneering innovation in the Indian edible salt segment, Tata Salt Immuno not only complies with iodization standards but also stands out for its addition of zInc., known for supporting a robust immune system.

Major companies operating in the salt market report are Cargill Inc., China National Salt Industry Corporation, The Tata Chemicals Limited, Rio Tinto PLC, Gujarat Narmada Valley Fertilizers & Chemicals Ltd., Akzonobel N V, Tosoh Corporation, K+S AG, Tronox Ltd., Nippon Soda Co. Ltd., Compass Minerals International Inc., Infosa, Les Salins du Midi et des Alpes, Toyo Soda Mfg. Co. Ltd., 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., CIECH S.A., Waggar Salt Limited, Adolph's International Inc., Salsomaggiore Terme S.p.A., Dead Sea Works Ltd.

Asia-Pacific was the largest market in the Salt market in 2023. The regions covered in the salt market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

The countries covered in the salt market report are Australia, China, India, Indonesia, Japan, South Korea, Bangladesh, Thailand, Vietnam, Malaysia, Singapore, Philippines, Hong Kong, New Zealand, USA, Canada, Mexico, Brazil, Chile, Argentina, Colombia, Peru, France, Germany, UK, Austria, Belgium, Denmark, Finland, Ireland, Italy, Netherlands, Norway, Portugal, Spain, Sweden, Switzerland, Russia, Czech Republic, Poland, Romania, Ukraine, 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 primary categories of salt are rock salt, salt in brine, solar salt, and vacuum pan salt. Solar salt refers to salt obtained from seawater or other brine sources evaporated in the sun. These sources include brine and salt mines. Salt finds diverse applications in chemical processing, de-icing, water treatment, oil and gas industries, agriculture, as flavoring agents, and in various other applications. Mining methods encompass both underground mining and surface mining.

The salt market research report is one of a series of new reports that provides salt market statistics, including salt global industry, regional shares, competitors with a salt market share, detailed salt market segments, market trends and opportunities, and any further data you may need to thrive in the salt industry. This salt global market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

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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Table of Contents

1. Executive Summary2. Salt Market Characteristics
3. Salt Product/Service Analysis -Product/Service Examples
3.1. Salt Supply Chain Analysis
3.1.1. Salt Resources
3.1.2. Salt Manufacturers
3.1.3. Salt Distributors and Retailers
3.1.4. Salt End Users
3.2. Salt Customer Information
4. Salt Market Trends and Strategies
5. Salt Market - Macro Economic Scenario
5.1. Impact of High Inflation on the Market
5.2. Ukraine-Russia War Impact on the Market
5.3. COVID-19 Impact on the Market
6. Global Salt Market Size and Growth
6.1. Global Salt Market Drivers and Restraints
6.1.1. Drivers of the Market
6.1.2. Restraints of the Market
6.2. Global Salt Historic Market Size and Growth, 2018-2023, Value ($ Billion)
6.3. Global Salt Forecast Market Size and Growth, 2023-2028, 2033F, Value ($ Billion)
7. Salt Market Segmentation
7.1. Global Salt Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Rock Salt
  • Salt in Brine
  • Solar Salt
  • Vacuum Pan Salt
7.2. Global Salt Market, Segmentation by Mining Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Underground Mining
  • Surface Mining
8. Salt Market Regional and Country Analysis
8.1. Global Salt Market, Split by Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
8.2. Global Salt Market, Split by Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
9. Asia-Pacific Salt Market
9.1. Asia-Pacific Salt Market Overview
Region Information, Impact of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
9.2. Asia-Pacific Salt Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
9.3. Asia-Pacific Salt Market, Segmentation by Mining Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
10. China Salt Market
10.1. China Salt Market Overview
10.2. China Salt Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion
10.3. China Salt Market, Segmentation by Mining Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion
11. India Salt Market
11.1. India Salt Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
11.2. India Salt Market, Segmentation by Mining Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
12. Japan Salt Market
12.1. Japan Salt Market Overview
12.2. Japan Salt Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
12.3. Japan Salt Market, Segmentation by Mining Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
13. Australia Salt Market
13.1. Australia Salt Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
13.2. Australia Salt Market, Segmentation by Mining Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
14. Indonesia Salt Market
14.1. Indonesia Salt Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
14.2. Indonesia Salt Market, Segmentation by Mining Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
15. South Korea Salt Market
15.1. South Korea Salt Market Overview
15.2. South Korea Salt Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
15.3. South Korea Salt Market, Segmentation by Mining Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
16. Bangladesh Salt Market
16.1. Bangladesh, Salt Historic Market, 2018-2023, $ Billion
16.2. Bangladesh, Salt Forecast Market, 2018-2023, 2028F, 2033F, $ Billion
17. Thailand Salt Market
17.1. Thailand, Salt Historic Market, 2018-2023, $ Billion
17.2. Thailand, Salt Forecast Market, 2018-2023, 2028F, 2033F, $ Billion
18. Vietnam Salt Market
18.1. Vietnam, Salt Historic Market, 2018-2023, $ Billion
18.2. Vietnam, Salt Forecast Market, 2018-2023, 2028F, 2033F, $ Billion
19. Malaysia Salt Market
19.1. Malaysia, Salt Historic Market, 2018-2023, $ Billion
19.2. Malaysia, Salt Forecast Market, 2018-2023, 2028F, 2033F, $ Billion
20. Singapore Salt Market
20.1. Singapore, Salt Historic Market, 2018-2023, $ Billion
20.2. Singapore, Salt Forecast Market, 2018-2023, 2028F, 2033F, $ Billion
21. Philippines Salt Market
21.1. Philippines, Salt Historic Market, 2018-2023, $ Billion
21.2. Philippines, Salt Forecast Market, 2018-2023, 2028F, 2033F, $ Billion
22. Hong kong Salt Market
22.1. Hong Kong, Salt Historic Market, 2018-2023, $ Billion
22.2. Hong Kong, Salt Forecast Market, 2018-2023, 2028F, 2033F, $ Billion
23. New Zealand Salt Market
23.1. New Zealand, Salt Historic Market, 2018-2023, $ Billion
23.2. New Zealand, Salt Forecast Market, 2018-2023, 2028F, 2033F, $ Billion
24. Western Europe Salt Market
24.1. Western Europe Salt Market Overview
24.2. Western Europe Salt Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
24.3. Western Europe Salt Market, Segmentation by Mining Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
25. UK Salt Market
25.1. UK Salt Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
25.2. UK Salt Market, Segmentation by Mining Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
26. Germany Salt Market
26.1. Germany Salt Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
26.2. Germany Salt Market, Segmentation by Mining Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
27. France Salt Market
27.1. France Salt Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
27.2. France Salt Market, Segmentation by Mining Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
28. Italy Salt Market
28.1. Italy Salt Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
28.2. Italy Salt Market, Segmentation by Mining Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
29. Spain Salt Market
29.1. Spain Salt Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
29.2. Spain Salt Market, Segmentation by Mining Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
30. Austria Salt Market
30.1. Austria, Salt Historic Market, 2018-2023, $ Billion
30.2. Austria, Salt Forecast Market, 2018-2023, 2028F, 2033F, $ Billion
31. Belgium Salt Market
31.1. Belgium, Salt Historic Market, 2018-2023, $ Billion
31.2. Belgium, Salt Forecast Market, 2018-2023, 2028F, 2033F, $ Billion
32. Denmark Salt Market
32.1. Denmark, Salt Historic Market, 2018-2023, $ Billion
32.2. Denmark, Salt Forecast Market, 2018-2023, 2028F, 2033F, $ Billion
33. Finland Salt Market
33.1. Finland, Salt Historic Market, 2018-2023, $ Billion
33.2. Finland, Salt Forecast Market, 2018-2023, 2028F, 2033F, $ Billion
34. Ireland Salt Market
34.1. Ireland, Salt Historic Market, 2018-2023, $ Billion
34.2. Ireland, Salt Forecast Market, 2018-2023, 2028F, 2033F, $ Billion
35. Netherlands Salt Market
35.1. Netherlands, Salt Historic Market, 2018-2023, $ Billion
35.2. Netherlands, Salt Forecast Market, 2018-2023, 2028F, 2033F, $ Billion
36. Norway Salt Market
36.1. Norway, Salt Historic Market, 2018-2023, $ Billion
36.2. Norway, Salt Forecast Market, 2018-2023, 2028F, 2033F, $ Billion
37. Portugal Salt Market
37.1. Portugal, Salt Historic Market, 2018-2023, $ Billion
37.2. Portugal, Salt Forecast Market, 2018-2023, 2028F, 2033F, $ Billion
38. Sweden Salt Market
38.1. Sweden, Salt Historic Market, 2018-2023, $ Billion
38.2. Sweden, Salt Forecast Market, 2018-2023, 2028F, 2033F, $ Billion
39. Switzerland Salt Market
39.1. Switzerland, Salt Historic Market, 2018-2023, $ Billion
39.2. Switzerland, Salt Forecast Market, 2018-2023, 2028F, 2033F, $ Billion
40. Eastern Europe Salt Market
40.1. Eastern Europe Salt Market Overview
40.2. Eastern Europe Salt Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
40.3. Eastern Europe Salt Market, Segmentation by Mining Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
41. Russia Salt Market
41.1. Russia Salt Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
41.2. Russia Salt Market, Segmentation by Mining Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
42. Czech Republic Salt Market
42.1. Czech Republic, Salt Historic Market, 2018-2023, $ Billion
42.2. Czech Republic, Salt Forecast Market, 2018-2023, 2028F, 2033F, $ Billion
43. Poland Salt Market
43.1. Poland, Salt Historic Market, 2018-2023, $ Billion
43.2. Poland, Salt Forecast Market, 2018-2023, 2028F, 2033F, $ Billion
44. Romania Salt Market
44.1. Romania, Salt Historic Market, 2018-2023, $ Billion
44.2. Romania, Salt Forecast Market, 2018-2023, 2028F, 2033F, $ Billion
45. Ukraine Salt Market
45.1. Ukraine, Salt Historic Market, 2018-2023, $ Billion
45.2. Ukraine, Salt Forecast Market, 2018-2023, 2028F, 2033F, $ Billion
46. North America Salt Market
46.1. North America Salt Market Overview
46.2. North America Salt Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
46.3. North America Salt Market, Segmentation by Mining Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
47. USA Salt Market
47.1. USA Salt Market Overview
47.2. USA Salt Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
47.3. USA Salt Market, Segmentation by Mining Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
48. Canada Salt Market
48.1. Canada Salt Market Overview
48.2. Canada Salt Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
48.3. Canada Salt Market, Segmentation by Mining Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
49. Mexico Salt Market
49.1. Mexico, Salt Historic Market, 2018-2023, $ Billion
49.2. Mexico, Salt Forecast Market, 2018-2023, 2028F, 2033F, $ Billion
50. South America Salt Market
50.1. South America Salt Market Overview
50.2. South America Salt Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
50.3. South America Salt Market, Segmentation by Mining Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
51. Brazil Salt Market
51.1. Brazil Salt Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
51.2. Brazil Salt Market, Segmentation by Mining Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
52. Chile Salt Market
52.1. Chile, Salt Historic Market, 2018-2023, $ Billion
52.2. Chile, Salt Forecast Market, 2018-2023, 2028F, 2033F, $ Billion
53. Argentina Salt Market
53.1. Argentina, Salt Historic Market, 2018-2023, $ Billion
53.2. Argentina, Salt Forecast Market, 2018-2023, 2028F, 2033F, $ Billion
54. Colombia Salt Market
54.1. Colombia, Salt Historic Market, 2018-2023, $ Billion
54.2. Colombia, Salt Forecast Market, 2018-2023, 2028F, 2033F, $ Billion
55. Peru Salt Market
55.1. Peru, Salt Historic Market, 2018-2023, $ Billion
55.2. Peru, Salt Forecast Market, 2018-2023, 2028F, 2033F, $ Billion
56. Middle East Salt Market
56.1. Middle East Salt Market Overview
56.2. Middle East Salt Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
56.3. Middle East Salt Market, Segmentation by Mining Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
57. Saudi Arabia Salt Market
57.1. Saudi Arabia, Salt Historic Market, 2018-2023, $ Billion
57.2. Saudi Arabia, Salt Forecast Market, 2018-2023, 2028F, 2033F, $ Billion
58. Israel Salt Market
58.1. Israel, Salt Historic Market, 2018-2023, $ Billion
58.2. Israel, Salt Forecast Market, 2018-2023, 2028F, 2033F, $ Billion
59. Iran Salt Market
59.1. Iran, Salt Historic Market, 2018-2023, $ Billion
59.2. Iran, Salt Forecast Market, 2018-2023, 2028F, 2033F, $ Billion
60. Turkey Salt Market
60.1. Turkey, Salt Historic Market, 2018-2023, $ Billion
60.2. Turkey, Salt Forecast Market, 2018-2023, 2028F, 2033F, $ Billion
61. United Arab Emirates Salt Market
61.1. United Arab Emirates, Salt Historic Market, 2018-2023, $ Billion
61.2. United Arab Emirates, Salt Forecast Market, 2018-2023, 2028F, 2033F, $ Billion
62. Africa Salt Market
62.1. Africa Salt Market Overview
62.2. Africa Salt Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
62.3. Africa Salt Market, Segmentation by Mining Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
63. Egypt Salt Market
63.1. Egypt, Salt Historic Market, 2018-2023, $ Billion
63.2. Egypt, Salt Forecast Market, 2018-2023, 2028F, 2033F, $ Billion
64. Nigeria Salt Market
64.1. Nigeria, Salt Historic Market, 2018-2023, $ Billion
64.2. Nigeria, Salt Forecast Market, 2018-2023, 2028F, 2033F, $ Billion
65. South Africa Salt Market
65.1. South Africa, Salt Historic Market, 2018-2023, $ Billion
65.2. South Africa, Salt Forecast Market, 2018-2023, 2028F, 2033F, $ Billion
66. Salt Market Competitive Landscape and Company Profiles
66.1. Salt Market Competitive Landscape
66.2. Salt Market Company Profiles
66.2.1. Cargill Inc.
66.2.1.1. Overview
66.2.1.2. Products and Services
66.2.1.3. Strategy
66.2.1.4. Financial Performance
66.2.2. China National Salt Industry Corporation
66.2.2.1. Overview
66.2.2.2. Products and Services
66.2.2.3. Strategy
66.2.2.4. Financial Performance
66.2.3. The Tata Chemicals Limited
66.2.3.1. Overview
66.2.3.2. Products and Services
66.2.3.3. Strategy
66.2.3.4. Financial Performance
66.2.4. Rio Tinto plc
66.2.4.1. Overview
66.2.4.2. Products and Services
66.2.4.3. Strategy
66.2.4.4. Financial Performance
66.2.5. Gujarat Narmada Valley Fertilizers & Chemicals Ltd.
66.2.5.1. Overview
66.2.5.2. Products and Services
66.2.5.3. Strategy
66.2.5.4. Financial Performance
67. Salt Market Other Major and Innovative Companies
67.1. AkzoNobel N V
67.2. Tosoh Corporation
67.3. K+S AG
67.4. Tronox Ltd.
67.5. Nippon Soda Co. Ltd.
67.6. Compass Minerals International Inc.
67.7. Infosa
67.8. Les Salins du Midi et des Alpes
67.9. Toyo Soda Mfg. Co. Ltd.
67.10. Morton Salt Inc.
67.11. Diamond Crystal Brands
67.12. Salt Lake Minerals Ltd.
67.13. Schweizer Salinen AG
67.14. Avery Salt Company
67.15. United Salt Corp.
68. Global Salt Market Competitive Benchmarking69. Global Salt Market Competitive Dashboard70. Key Mergers and Acquisitions in the Salt Market
71. Salt Market Future Outlook and Potential Analysis
71.1 Salt Market in 2028 - Countries Offering Most New Opportunities
71.2 Salt Market in 2028 - Segments Offering Most New Opportunities
71.3 Salt Market in 2028 - Growth Strategies
71.3.1 Market Trend-based Strategies
71.3.2 Competitor Strategies
72. Appendix
72.1. Abbreviations
72.2. Currencies
72.3. Historic and Forecast Inflation Rates
72.4. Research Inquiries
72.5. About the Analyst
72.6. Copyright and Disclaimer

Executive Summary

Salt Global Market Report 2024 provides strategists, marketers and senior management with the critical information they need to assess the market.

This report focuses on salt market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.

Reasons to Purchase

  • Gain a truly global perspective with the most comprehensive report available on this market covering 50+ geographies.
  • Understand how the market has been affected by the coronavirus and how it is responding as the impact of the virus abates.
  • Assess the Russia-Ukraine war’s impact on agriculture, energy and mineral commodity supply and its direct and indirect impact on the market.
  • Measure the impact of high global inflation on market growth.
  • Create regional and country strategies on the basis of local data and analysis.
  • Identify growth segments for investment.
  • Outperform competitors using forecast data and the drivers and trends shaping the market.
  • Understand customers based on the latest market shares.
  • Benchmark performance against key competitors.
  • Suitable for supporting your internal and external presentations with reliable high quality data and analysis.
  • Report will be updated with the latest data and delivered to you with an Excel data sheet for easy data extraction and analysis.
  • All data from the report will also be delivered in an excel dashboard format.
Description
Where is the largest and fastest growing market for salt? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? This report answers all these questions and many more.

The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.
  • The market characteristics section of the report defines and explains the market.
  • The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
  • The forecasts are made after considering the major factors currently impacting the market. These include:
  • The impact of sanctions, supply chain disruptions, and altered demand for goods and services due to the Russian Ukraine war, impacting various macro-economic factors and parameters in the Eastern European region and its subsequent effect on global markets.
  • The impact of higher inflation in many countries and the resulting spike in interest rates.
  • The continued but declining impact of COVID-19 on supply chains and consumption patterns.
  • Market segmentations break down the market into sub markets.
  • The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
  • The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
  • The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.

Report Scope

Markets Covered:
1) By Type: Rock Salt; Salt In Brine; Solar Salt; and Vacuum Pan Salt
2) By Mining Type: Underground Mining; Surface Mining

Key Companies Mentioned: Cargill Inc.; China National Salt Industry Corporation; The Tata Chemicals Limited; Rio Tinto plc; Gujarat Narmada Valley Fertilizers & Chemicals Ltd.

Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain

Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa

Time Series: Five years historic and ten years forecast

Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita

Data Segmentation: Country and regional historic and forecast data, market share of competitors, market segments

Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes

Delivery Format: PDF, Word and Excel Data Dashboard

Companies Mentioned

  • Cargill Inc.
  • China National Salt Industry Corporation
  • The Tata Chemicals Limited
  • Rio Tinto plc
  • Gujarat Narmada Valley Fertilizers & Chemicals Ltd.
  • Akzonobel N V
  • Tosoh Corporation
  • K+S AG
  • Tronox Ltd.
  • Nippon Soda Co. Ltd.
  • Compass Minerals International Inc.
  • Infosa
  • Les Salins du Midi et des Alpes
  • Toyo Soda Mfg. Co. Ltd.
  • 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.
  • CIECH S.A.
  • Waggar Salt Limited
  • Adolph's International Inc.
  • Salsomaggiore Terme S.p.A.
  • Dead Sea Works Ltd.

Table Information