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Gourmet Salts Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2031 - By Product, Technology, Grade, Application, End-user, Region: (North America, Europe, Asia Pacific, Latin America and Middle East and Africa)

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    Report

  • 250 Pages
  • December 2023
  • Region: Global
  • Fairfield Market Research
  • ID: 5918238
Description Jump to:
The global gourmet salts market is experiencing a flavorful surge during forecast period. The market is set to rise from a revenue of around US$ 3.1 billion in 2024 to a tantalizing US$ 4.65 billion by the end of 2031.

Gourmet salts, known for their lower sodium levels and natural harvesting, come in a variety of colors, textures, forms, packaging, and flavors. Their demand has been driven by factors such as rapid globalization, increased product awareness on social media platforms, and a growing interest in innovative flavors and ingredients. These salts can be either harvested from seawater or mined from mineral rocks and other sources.

Key Trends Shaping the Gourmet Salts Market

  • Use in Exotic Food Preparations: Gourmet salts, with their wide range of flavors, appearances, and textures, are being extensively used in the preparation of various foods, enhancing their flavors and appeal.
  • Clean Label Specialty Products: Rising consumer awareness about clean-label products is boosting the demand for clean-label ingredients. Consumers are increasingly opting for products with health benefits.
  • Salted Dark Chocolate Products: Gourmet salt finds applications in the confectionery industry, leading to the innovation of products such as salted chocolate sauce and salted chocolate bars.
  • Preference for Healthy Convenience Food: Rapid urbanization and changing lifestyles are driving demand for exotic and convenience foods, including gourmet salt.
  • Technological Advancements and Attractive Packaging: Major players are adopting advanced technologies for salt production to meet the increasing demand for high-quality gourmet salts. Attractive packaging also plays a crucial role in product appeal.

Emerging Pioneer Country in South Asia & Pacific Gourmet Salts Market

The increasing urbanization and changing consumer lifestyles are boosting demand for exotic foods and gourmet salt in South Asia & the Pacific. The region is witnessing a rising trend in processed foods, convenience foods, gourmet kitchens, and restaurants.

Demand Outlook for U.S. Gourmet Salts

The United States holds a significant share of the global gourmet salts market due to its higher utilization of gourmet salts in various industries. The growing demand for premium, high-quality products and consumers' preference for healthy and natural products are driving market growth.

Competitive Landscape

Key manufacturers are focusing on product offerings tailored for the gourmet salts industry. Multinational companies dominate a significant share of the global market, with players like Cargill Inc., SaltWorks Inc., Murray River Gourmet Salt, and INFOSA leading the way. Regional players and local producers also contribute to the market's diversity.

Key Companies in the Gourmet Salts Market

  • Cargill, Incorporated
  • Morton Salt, Inc.
  • SaltWorks, Inc.
  • Murray River Gourmet Salt
  • San Francisco Salt Company
  • CK Life Sciences Int’l., (Holdings) Inc.
  • Amagansett Sea Salt Co.
  • INFOSA
  • Maldon Crystal Salt Company Limited
  • Südwestdeutsche Salzwerke AG
  • Pyramid Salt Pty. Ltd.
  • Alaska Pure Sea Salt Co.
  • Salty Wahine Gourmet Hawaiian Sea Salts LLC
  • Saltopia Artisan Infused Sea Salts
The global gourmet salts market is poised for a flavorful journey of growth, driven by trends in exotic food preparations, clean-label products, confectionery innovations, demand for convenience food, technological advancements, and packaging aesthetics.

Market Segmentation

By Product Type:

  • Coarse Salt
  • Flake Salt
  • Fleur de Sel
  • India Black Salt
  • Italian Black Salt
  • Sel Griss Sea Salt
  • Smoked Sea Salt
  • Others

By Application:

  • Bakery & Confectionery
  • Meat & Poultry
  • Seafood
  • Sauces & Savory
  • Desserts & Frozen Food

By Region:

  • North America
  • Latin America
  • Europe
  • South Asia & Pacific
  • East Asia
  • Middle East & Africa


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Table of Contents

1. Executive Summary
1.1. Global Gourmet Salts Market Snapshot
1.2. Future Projections
1.3. Key Market Trends
1.4. Regional Snapshot, by Value, 2023
1.5. Analyst Recommendations
2. Market Overview
2.1. Market Definitions and Segmentations
2.2. Market Dynamics
2.2.1. Drivers
2.2.2. Restraints
2.2.3. Market Opportunities
2.3. Value Chain Analysis
2.4. Porter’s Five Forces Analysis
2.5. COVID-19 Impact Analysis
2.5.1. Supply
2.5.2. Demand
2.6. Impact of Ukraine-Russia Conflict
2.7. Economic Overview
2.7.1. World Economic Projections
2.8. PESTLE Analysis
3. Global Gourmet Salts Market Outlook, 2018 - 2031
3.1. Global Gourmet Salts Market Outlook, by Product Type, Value (US$ Bn), 2018 - 2031
3.1.1. Key Highlights
3.1.1.1. Organic
3.1.1.2. Conventional
3.2. Global Gourmet Salts Market Outlook, by Application, Value (US$ Bn), 2018 - 2031
3.2.1. Key Highlights
3.2.1.1. Incense Sticks
3.2.1.2. Fragrances (Perfumes)
3.2.1.3. Retail/ Household
3.3. Global Gourmet Salts Market Outlook, by Region, Value (US$ Bn), 2018 - 2031
3.3.1. Key Highlights
3.3.1.1. North America
3.3.1.2. Europe
3.3.1.3. Asia Pacific
3.3.1.4. Latin America
3.3.1.5. Middle East & Africa
4. North America Gourmet Salts Market Outlook, 2018 - 2031
4.1. North America Gourmet Salts Market Outlook, by Product Type, Value (US$ Bn), 2018 - 2031
4.1.1. Key Highlights
4.1.1.1. Organic
4.1.1.2. Conventional
4.2. North America Gourmet Salts Market Outlook, by Application, Value (US$ Bn), 2018 - 2031
4.2.1. Key Highlights
4.2.1.1. Incense Sticks
4.2.1.2. Fragrances (Perfumes)
4.2.1.3. Retail/ Household
4.2.2. BPS Analysis/Market Attractiveness Analysis
4.3. North America Gourmet Salts Market Outlook, by Country, Value (US$ Bn), 2018 - 2031
4.3.1. Key Highlights
4.3.1.1. U.S. Gourmet Salts Market by Product Type, Value (US$ Bn), 2018 - 2031
4.3.1.2. U.S. Gourmet Salts Market by Application, Value (US$ Bn), 2018 - 2031
4.3.1.3. Canada Gourmet Salts Market by Product Type, Value (US$ Bn), 2018 - 2031
4.3.1.4. Canada Gourmet Salts Market by Application, Value (US$ Bn), 2018 - 2031
4.3.2. BPS Analysis/Market Attractiveness Analysis
5. Europe Gourmet Salts Market Outlook, 2018 - 2031
5.1. Europe Gourmet Salts Market Outlook, by Product Type, Value (US$ Bn), 2018 - 2031
5.1.1. Key Highlights
5.1.1.1. Organic
5.1.1.2. Conventional
5.2. Europe Gourmet Salts Market Outlook, by Application, Value (US$ Bn), 2018 - 2031
5.2.1. Key Highlights
5.2.1.1. Incense Sticks
5.2.1.2. Fragrances (Perfumes)
5.2.1.3. Retail/ Household
5.2.2. BPS Analysis/Market Attractiveness Analysis
5.3. Europe Gourmet Salts Market Outlook, by Country, Value (US$ Bn), 2018 - 2031
5.3.1. Key Highlights
5.3.1.1. Germany Gourmet Salts Market by Product Type, Value (US$ Bn), 2018 - 2031
5.3.1.2. Germany Gourmet Salts Market by Application, Value (US$ Bn), 2018 - 2031
5.3.1.3. U.K. Gourmet Salts Market by Product Type, Value (US$ Bn), 2018 - 2031
5.3.1.4. U.K. Gourmet Salts Market by Application, Value (US$ Bn), 2018 - 2031
5.3.1.5. France Gourmet Salts Market by Product Type, Value (US$ Bn), 2018 - 2031
5.3.1.6. France Gourmet Salts Market by Application, Value (US$ Bn), 2018 - 2031
5.3.1.7. Italy Gourmet Salts Market by Product Type, Value (US$ Bn), 2018 - 2031
5.3.1.8. Italy Gourmet Salts Market by Application, Value (US$ Bn), 2018 - 2031
5.3.1.9. Turkey Gourmet Salts Market by Product Type, Value (US$ Bn), 2018 - 2031
5.3.1.10. Turkey Gourmet Salts Market by Application, Value (US$ Bn), 2018 - 2031
5.3.1.11. Russia Gourmet Salts Market by Product Type, Value (US$ Bn), 2018 - 2031
5.3.1.12. Russia Gourmet Salts Market by Application, Value (US$ Bn), 2018 - 2031
5.3.1.13. Rest of Europe Gourmet Salts Market by Product Type, Value (US$ Bn), 2018 - 2031
5.3.1.14. Rest of Europe Gourmet Salts Market by Application, Value (US$ Bn), 2018 - 2031
5.3.2. BPS Analysis/Market Attractiveness Analysis
6. Asia Pacific Gourmet Salts Market Outlook, 2018 - 2031
6.1. Asia Pacific Gourmet Salts Market Outlook, by Product Type, Value (US$ Bn), 2018 - 2031
6.1.1. Key Highlights
6.1.1.1. Organic
6.1.1.2. Conventional
6.2. Asia Pacific Gourmet Salts Market Outlook, by Application, Value (US$ Bn), 2018 - 2031
6.2.1. Key Highlights
6.2.1.1. Incense Sticks
6.2.1.2. Fragrances (Perfumes)
6.2.1.3. Retail/ Household
6.2.2. BPS Analysis/Market Attractiveness Analysis
6.3. Asia Pacific Gourmet Salts Market Outlook, by Country, Value (US$ Bn), 2018 - 2031
6.3.1. Key Highlights
6.3.1.1. China Gourmet Salts Market by Product Type, Value (US$ Bn), 2018 - 2031
6.3.1.2. China Gourmet Salts Market by Application, Value (US$ Bn), 2018 - 2031
6.3.1.3. Japan Gourmet Salts Market by Product Type, Value (US$ Bn), 2018 - 2031
6.3.1.4. Japan Gourmet Salts Market by Application, Value (US$ Bn), 2018 - 2031
6.3.1.5. South Korea Gourmet Salts Market by Product Type, Value (US$ Bn), 2018 - 2031
6.3.1.6. South Korea Gourmet Salts Market by Application, Value (US$ Bn), 2018 - 2031
6.3.1.7. India Gourmet Salts Market by Product Type, Value (US$ Bn), 2018 - 2031
6.3.1.8. India Gourmet Salts Market by Application, Value (US$ Bn), 2018 - 2031
6.3.1.9. Southeast Asia Gourmet Salts Market by Product Type, Value (US$ Bn), 2018 - 2031
6.3.1.10. Southeast Asia Gourmet Salts Market by Application, Value (US$ Bn), 2018 - 2031
6.3.1.11. Rest of Asia Pacific Gourmet Salts Market by Product Type, Value (US$ Bn), 2018 - 2031
6.3.1.12. Rest of Asia Pacific Gourmet Salts Market by Application, Value (US$ Bn), 2018 - 2031
6.3.2. BPS Analysis/Market Attractiveness Analysis
7. Latin America Gourmet Salts Market Outlook, 2018 - 2031
7.1. Latin America Gourmet Salts Market Outlook, by Product Type, Value (US$ Bn), 2018 - 2031
7.1.1. Key Highlights
7.1.1.1. Organic
7.1.1.2. Conventional
7.2. Latin America Gourmet Salts Market Outlook, by Application, Value (US$ Bn), 2018 - 2031
7.2.1.1. Incense Sticks
7.2.1.2. Fragrances (Perfumes)
7.2.1.3. Retail/ Household
7.2.2. BPS Analysis/Market Attractiveness Analysis
7.3. Latin America Gourmet Salts Market Outlook, by Country, Value (US$ Bn), 2018 - 2031
7.3.1. Key Highlights
7.3.1.1. Brazil Gourmet Salts Market by Product Type, Value (US$ Bn), 2018 - 2031
7.3.1.2. Brazil Gourmet Salts Market by Application, Value (US$ Bn), 2018 - 2031
7.3.1.3. Mexico Gourmet Salts Market by Product Type, Value (US$ Bn), 2018 - 2031
7.3.1.4. Mexico Gourmet Salts Market by Application, Value (US$ Bn), 2018 - 2031
7.3.1.5. Argentina Gourmet Salts Market by Product Type, Value (US$ Bn), 2018 - 2031
7.3.1.6. Argentina Gourmet Salts Market by Application, Value (US$ Bn), 2018 - 2031
7.3.1.7. Rest of Latin America Gourmet Salts Market by Product Type, Value (US$ Bn), 2018 - 2031
7.3.1.8. Rest of Latin America Gourmet Salts Market by Application, Value (US$ Bn), 2018 - 2031
7.3.2. BPS Analysis/Market Attractiveness Analysis
8. Middle East & Africa Gourmet Salts Market Outlook, 2018 - 2031
8.1. Middle East & Africa Gourmet Salts Market Outlook, by Product Type, Value (US$ Bn), 2018 - 2031
8.1.1. Key Highlights
8.1.1.1. Organic
8.1.1.2. Conventional
8.2. Middle East & Africa Gourmet Salts Market Outlook, by Application, Value (US$ Bn), 2018 - 2031
8.2.1. Key Highlights
8.2.1.1. Incense Sticks
8.2.1.2. Fragrances (Perfumes)
8.2.1.3. Retail/ Household
8.2.2. BPS Analysis/Market Attractiveness Analysis
8.3. Middle East & Africa Gourmet Salts Market Outlook, by Country, Value (US$ Bn), 2018 - 2031
8.3.1. Key Highlights
8.3.1.1. GCC Gourmet Salts Market by Product Type, Value (US$ Bn), 2018 - 2031
8.3.1.2. GCC Gourmet Salts Market by Application, Value (US$ Bn), 2018 - 2031
8.3.1.3. South Africa Gourmet Salts Market by Product Type, Value (US$ Bn), 2018 - 2031
8.3.1.4. South Africa Gourmet Salts Market by Application, Value (US$ Bn), 2018 - 2031
8.3.1.5. Egypt Gourmet Salts Market by Product Type, Value (US$ Bn), 2018 - 2031
8.3.1.6. Egypt Gourmet Salts Market by Application, Value (US$ Bn), 2018 - 2031
8.3.1.7. Nigeria Gourmet Salts Market by Product Type, Value (US$ Bn), 2018 - 2031
8.3.1.8. Nigeria Gourmet Salts Market by Application, Value (US$ Bn), 2018 - 2031
8.3.1.9. Rest of Middle East & Africa Gourmet Salts Market by Product Type, Value (US$ Bn), 2018 - 2031
8.3.1.10. Rest of Middle East & Africa Gourmet Salts Market by Application, Value (US$ Bn), 2018 - 2031
8.3.2. BPS Analysis/Market Attractiveness Analysis
9. Competitive Landscape
9.1. By Distribution Channel vs by Application Heat map
9.2. Manufacturer vs by Application Heat map
9.3. Company Market Share Analysis, 2023
9.4. Competitive Dashboard
9.5. Company Profiles
9.5.1. Cargill, Inc
9.5.1.1. Company Overview
9.5.1.2. Product Portfolio
9.5.1.3. Financial Overview
9.5.1.4. Business Strategies and Development
9.5.2. Morton Salt, Inc.
9.5.2.1. Company Overview
9.5.2.2. Product Portfolio
9.5.2.3. Financial Overview
9.5.2.4. Business Strategies and Development
9.5.3. SaltWorks, Inc.
9.5.3.1. Company Overview
9.5.3.2. Product Portfolio
9.5.3.3. Financial Overview
9.5.3.4. Business Strategies and Development
9.5.4. Murray River Gourmet Salt
9.5.4.1. Company Overview
9.5.4.2. Product Portfolio
9.5.4.3. Financial Overview
9.5.4.4. Business Strategies and Development
9.5.5. San Francisco Salt Company
9.5.5.1. Company Overview
9.5.5.2. Product Portfolio
9.5.5.3. Financial Overview
9.5.5.4. Business Strategies and Development
9.5.6. CK Life Sciences Int'l.
9.5.6.1. Company Overview
9.5.6.2. Product Portfolio
9.5.6.3. Financial Overview
9.5.6.4. Business Strategies and Development
9.5.7. Amagansett Sea Salt Co.
9.5.7.1. Company Overview
9.5.7.2. Product Portfolio
9.5.7.3. Financial Overview
9.5.7.4. Business Strategies and Development
9.5.8. INFOSA
9.5.8.1. Company Overview
9.5.8.2. Product Portfolio
9.5.8.3. Financial Overview
9.5.8.4. Business Strategies and Development
9.5.9. Maldon Crystal Salt Company Limited
9.5.9.1. Company Overview
9.5.9.2. Product Portfolio
9.5.9.3. Financial Overview
9.5.9.4. Business Strategies and Development
9.5.10. Südwestdeutsche Salzwerke AG
9.5.10.1. Company Overview
9.5.10.2. Product Portfolio
9.5.10.3. Financial Overview
9.5.10.4. Business Strategies and Development
9.5.11. Pyramid Salt Pty. Ltd.
9.5.11.1. Company Overview
9.5.11.2. Product Portfolio
9.5.11.3. Financial Overview
9.5.11.4. Business Strategies and Development
9.5.12. Alaska Pure Sea Salt Co.
9.5.12.1. Company Overview
9.5.12.2. Product Portfolio
9.5.12.3. Financial Overview
9.5.12.4. Business Strategies and Development
9.5.13. Salty Wahine Gourmet Hawaiian Sea Salts LLC
9.5.13.1. Company Overview
9.5.13.2. Product Portfolio
9.5.13.3. Financial Overview
9.5.13.4. Business Strategies and Development
9.5.14. Saltopia Artisan Infused Sea Salts
9.5.14.1. Company Overview
9.5.14.2. Product Portfolio
9.5.14.3. Financial Overview
9.5.14.4. Business Strategies and Development
10. Appendix
10.1. Research Methodology
10.2. Report Assumptions
10.3. Acronyms and Abbreviations

Companies Mentioned

  • Cargill, Incorporated
  • Morton Salt, Inc.
  • SaltWorks, Inc
  • Murray River Gourmet Salt
  • San Francisco Salt Company
  • CK Life Sciences Int’l., (Holdings) Inc.
  • Amagansett Sea Salt Co.
  • INFOSA
  • Maldon Crystal Salt Company Limited
  • Südwestdeutsche Salzwerke AG
  • Pyramid Salt Pty. Ltd.
  • Alaska Pure Sea Salt Co.
  • Salty Wahine Gourmet Hawaiian Sea Salts LLC
  • Saltopia Artisan Infused Sea Salts (Available on Request)

Methodology

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