Title: Salt Additives Market - Forecast(2021 - 2026)
1Salt Additives MarketMarket size, Industry
outlook, Market Forecast, Demand Analysis, Market
Share, Market Report 2021-2026
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- Salt Additives Market size is 36.25Bn in 2019,
growing at a CAGR of 6.2 during the forecast
period 2020-2025. Salt is a mineral composed
primarily of sodium chloride (NaCl), a chemical
compound belonging to the larger class of salts
and in its natural form as a crystalline mineral
is like rock salt or halite. - Salt additives are also added to fortify salt
with various ingredients such as iodine to
prevent various deficiency diseases. These are
chemical substances added to foods to improve
flavour, texture, colour, appearance,
consistency, and many more or as preservatives
during manufacturing or processing..
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- Key Takeaways
- Increasing demand in food beverage and food
service industries is set to propel the growth of
the market. - The growing awareness of health diseases is the
driving factors for the growth of Salt Additives
market. - Asia-Pacific region is estimated to record the
fastest growth rate during the forecast period
2020-2025.
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By Product Type - Segment Analysis In 2019,
Iodine segment dominated the Salt Additives
Market in terms of revenue is estimated to grow
at a CAGR of 5.7. Iodized salt is table salt
mixed with a minute amount of various salts of
the element iodine. The ingestion of iodine
prevents iodine deficiency and affects about two
billion people and is the leading preventable
cause of intellectual and developmental
disabilities. It is the iodine in iodized salt
that helps the body make thyroid hormone, which
is critical to an infant's brain development.
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- Salt Additives Industry Outlook
- Cargill,
- Incorporated,
- IodiTech,
- William Blythe Limited,
- Tata Chemicals Limited,
- PPG Industries, Inc.,
- CK Life Sciences Int'l., (Holdings) Inc,
- AkzoNobel Industrial Chemicals,
- Alaska Pure and Cheetham Salt Ltd
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