Gourmet Salts Market: Global Industry Analysis and Opportunity Assessment 2017-2024 GMI Estimate

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Gourmet Salts Market size to exceed 1.5bn by 2024
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Key Insights from Gourmet Salts Market

• Gourmet Salts Market size is estimated to exceed
  USD 1.5 billion by 2024 according to a new
  research report by Global Market Insights, Inc.
  Potential outlook in culinary preserving
  applications along with increasing adoption of
  gourmet food in luxury restaurants globally will
  propel the gourmet salts market size. Enhancing
  taste, flavor and aroma in foods are the key
  properties stimulating industry growth. Rising
  consumer spending on food beverages due to
  changing lifestyle will drive the industry
  demand. Global food beverage industry will
  surpass USD 9.5 trillion by 2024 growing at over
  3.4. Increasing product consumption in dressing
  and seasoning of foods will further support the
  product scope.
• High preservation and moisture retaining property
  has resulted in increasing applications in
  seafood meat processing to improve the
  shelf-life. Global per capita fish consumption
  reached 20.5 kg per capita, with annual growth
  around 1 in 2016.Increasing consumer health
  consciousness along with shifting preference for
  low sodium saline are the key factors driving the
  gourmet salts market growth. High product usage
  for curing in beauty centers spas for personal
  care treatments enhanced the product demand.
  Rising health issues including hypertension,
  cardiovascular diseases, and high blood pressure
  will fuel the product penetration.

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Continued...

• Meat poultry demand is anticipated to worth
  around USD 510 million by 2024. Changing
  lifestyle and improved preservation technology in
  processed meat, fish and poultry will fuel the
  product demand. Rising demand as preservative for
  canned meats, hams, roasts, meatballs, and fish,
  enhances the gourmet salts market growth. Bakery
  confectionary market will witness over 8.5
  CAGR up to 2024.
• Europe, led by UK and Germany gourmet salts
  market is the fastest growing region, estimated
  to value over USD 724 million by 2024. Rising
  demand for processed food particularly in Italy,
  Spain, Germany and France will drive the regional
  industry growth. Asia Pacific gourmet salt
  market, dominated by China is expected to witness
  growth over 7.5 up to 2024. Growing health
  awareness, increasing disposable income along
  with surging demand for processed food will
  support the industry demand.
• Global gourmet salts market is competitive due to
  presence of regional industry players. High
  profit margins of the industry have encouraged
  manufacturers vendors to expand production
  capacity and improve supply chain network. Some
  of the key industry players in gourmet salts
  market are Cargill, Morton, CK Life Sciences,
  Amagansett, Dominion, Irish Atlantic, Devonshire,
  Alaska Pure, Cargill, Murray, Marblehead, Infosa
  and Marblehead.

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Europe Gourmet Salts Market Size, By Product,
2016 2024 (USD Million)

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Salts Market _at_ http//bit.ly/33KfQDV Request
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