Fortified Salts Market trends research and projections for 2017-2024 - PowerPoint PPT Presentation

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Fortified Salts Market trends research and projections for 2017-2024

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Fortified Salts Market size was valued over USD 3.5 billion in 2016 and is set to exceed 19.4 kilo tons by 2024. Get more details @ – PowerPoint PPT presentation

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Title: Fortified Salts Market trends research and projections for 2017-2024


1
Fortified Salts Market size to reach 7 billion
by 2024 Global Market Insights Inc.
Fuel Cell Market size worth 25.5bn by 2024
2
Key Insights from Fortified Salts Market
  • Hospitality service industry was valued over
    USD 900 million in 2016. Rising demand for
    processed meat including preservation of for
    canned hams, hams, roasts, fish and meatballs
    will drive the demand. By 2025, the consumption
    of meat is predicted to increase by as much as
    another 100.
  • Household industry is estimated to generate over
    5,800 kilotons in volume by 2024. High
    application scope as cooking salt owing to its
    health benefits has enhanced the product scope.
    Changing lifestyle along with increasing
    disposable income will support the fortified
    salts market.
  • Iodine will witness gains at 7.1 up to 2024.
    Iodine deficiency causing fatigue, constipation,
    chances of stillbirth in pregnant women,
    depression, abnormal weight gain and goiter will
    propel the product penetration.

3
Continued...
  • Double fortified salts were valued around USD 845
    million in 2016. Growing anemia concerns among
    children and women globally will surge the
    product demand.
  • North America fortified salts market was worth
    over USD 1.5 billion in 2016. Increase in
    occurrence of obese population, gestational
    hypertension, miscarriages, and neurological
    disorders including cretinism among newborns will
    drive industry growth.
  • Asia Pacific market is anticipated to worth over
    USD 2.4 billion by 2024. Increasing consumer
    awareness pertaining to health diet along with
    improving standard of living will propel the
    industry growth.
  • Vietnam is the fastest growing country in APAC
    with CAGR over 7.5 up to 2024. Presence of
    numerous finest salt producing companies along
    with increasing exports are the major factors
    fueling the fortified salts market size.

4
U.S. Fortified Salts Market Size, By Product,
2016 2024 (USD Million)

5

Browse Full Market Research Report On Fortified
Salts Market _at_ https//goo.gl/64BYUL Request for
a Sample of this Research Report
_at_ https//www.gminsights.com/request-sample/detail
/1880
6
360 Analysis
  • Application Trends
  • Extensive application scope of fortified salts in
    the preservation of meatballs, canned meats,
    roasts, hams, meatballs, and fish will favor
    industry growth. According to Organization for
    Economic Co-operation and Development, meat
    consumption is estimated around 80 kilograms on
    average per person in developed countries and 32
    kilograms per person in developing countries.
  • Regional Trends
  • North America fortified salts market size was
    valued at over USD 1.5 billion in 2016. Growing
    obese population will drive the industry growth
    as more than one-third of adults are overweight
    in the region. The product maintains optimal
    energy level in body by effective calorie
    utilization, without allowing it to deposit as
    excess fats.
  • Competitive Market Share
  • In last few years, number of babies born
    prematurely due to iron and iodine deficiency
    increased significantly. The consumption of
    sodium chloride with added nutrients has
    witnessed significant gains. Food experts urged
    customers to check product labels and choose
    items with high nutritional ingredients.


7
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