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

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


Gourmet Salt Market Size By Product, By Application, Industry Analysis Report, Regional Outlook, Competitive Market Share & Forecast, 2017 – 2024 – PowerPoint PPT presentation

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

Gourmet Salts Market size to exceed 1.5bn by 2024
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.

  • 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.

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


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