The India salt market reached around USD 2.32 Billion in 2024. The market is projected to grow at a CAGR of 6.20% between 2025 and 2034, reaching almost USD 4.23 Billion by 2034.
India Salt Market Growth
In India, 167 million people are at risk of getting iodine deficiency disorder (IDD), out of which 54 million people are already suffering from goitre and 2 million from cretinism. As per government guidelines, an average adult should consume 150 micrograms of iodine daily, with the figure being 220mg and 290mg for pregnant and lactating women respectively. The poor consumption of iodine in regions like Andhra Pradesh, and Daman Diu is expected to boost the demand for iodised salt in these regions, thereby driving the market growth. Logistical challenges related to the storage and safe processing of salt are expected to witness rapid resolution, thereby driving salt demand among the masses.
Gujarat, Rajasthan, and Tamil Nadu are the leading salt-producing states of India, accounting for 76.7%, 9.86%, and 11.16% of the total production, respectively. The rest of the production comes from Maharashtra, Orissa, Goa, Himachal Pradesh, West Bengal, Andhra Pradesh, and Goa, among others. Large scale producers dominate salt production in India, with a 62% share in output, whereas small producers account for 28% of the total production. The average salt supply meant for human consumption in India amounts to 59 lakh tons, while industries take 107 lakh tons.
India Salt Industry Segmentation
India Salt Market Report and Forecast 2025-2034 offers a detailed analysis of the market based on the following segments:
Market Breakup by Type
Rock Salt
Brine
Solar Salt
Vacuum Salt
Market Breakup by Application
Chemical Processing
De-icing
Food Processing
Others
Market Breakup by Region
East India
West and Central India
North India
South India
India Salt Market Share
Based on region, the market is divided into East India, West and Central India, North India, and South India. Over the forecast period, West and Central India is expected to grow at a CAGR of 6.9% during 2025-2034. This can be attributed to the high salt production in Gujarat, which is majorly sourced from marine sources and inland lakes.
Leading Companies in the India Salt Market
Major market players are expected to boost the manufacturing of double fortified salts to enable people to consume a balanced diet and stay healthy.
K+S Aktiengesellschaft
Ankur Chemfood Ltd.
SKC Industries LLP
Shree Sai Salt
Tata Consumer Products Ltd.
Chandan Salt Works Pvt. Ltd.
INEOS Group
GHCL Limited
Phenix Enterprise
Goyal Salt Limited
Others
- 1 Executive Summary
- 1.1 Market Size 2024-2025
- 1.2 Market Growth 2025(F)-2034(F)
- 1.3 Key Demand Drivers
- 1.4 Key Players and Competitive Structure
- 1.5 Industry Best Practices
- 1.6 Recent Trends and Developments
- 1.7 Industry Outlook
- 2 Market Overview and Stakeholder Insights
- 2.1 Market Trends
- 2.2 Key Verticals
- 2.3 Key Regions
- 2.4 Supplier Power
- 2.5 Buyer Power
- 2.6 Key Market Opportunities and Risks
- 2.7 Key Initiatives by Stakeholders
- 3 Economic Summary
- 3.1 GDP Outlook
- 3.2 GDP Per Capita Growth
- 3.3 Inflation Trends
- 3.4 Democracy Index
- 3.5 Gross Public Debt Ratios
- 3.6 Balance of Payment (BoP) Position
- 3.7 Population Outlook
- 3.8 Urbanisation Trends
- 4 Country Risk Profiles
- 4.1 Country Risk
- 4.2 Business Climate
- 5 Asia Pacific Salt Market Overview
- 5.1 Key Industry Highlights
- 5.2 Asia Pacific Salt Historical Market (2018-2024)
- 5.3 Asia Pacific Salt Market Forecast (2025-2034)
- 6 India Salt Market Overview
- 6.1 Key Industry Highlights
- 6.2 India Salt Historical Market (2018-2024)
- 6.3 India Salt Market Forecast (2025-2034)
- 7 India Salt Market by Type
- 7.1 Rock Salt
- 7.1.1 Historical Trend (2018-2024)
- 7.1.2 Forecast Trend (2025-2034)
- 7.2 Brine
- 7.2.1 Historical Trend (2018-2024)
- 7.2.2 Forecast Trend (2025-2034)
- 7.3 Solar Salt
- 7.3.1 Historical Trend (2018-2024)
- 7.3.2 Forecast Trend (2025-2034)
- 7.4 Vacuum Salt
- 7.4.1 Historical Trend (2018-2024)
- 7.4.2 Forecast Trend (2025-2034)
- 8 India Salt Market by Application
- 8.1 Chemical Processing
- 8.1.1 Historical Trend (2018-2024)
- 8.1.2 Forecast Trend (2025-2034)
- 8.2 De-Icing
- 8.2.1 Historical Trend (2018-2024)
- 8.2.2 Forecast Trend (2025-2034)
- 8.3 Food Processing
- 8.3.1 Historical Trend (2018-2024)
- 8.3.2 Forecast Trend (2025-2034)
- 8.4 Others
- 9 India Salt Market by Country
- 9.1 East India
- 9.1.1 Historical Trend (2018-2024)
- 9.1.2 Forecast Trend (2025-2034)
- 9.2 West and Central India
- 9.2.1 Historical Trend (2018-2024)
- 9.2.2 Forecast Trend (2025-2034)
- 9.3 North India
- 9.3.1 Historical Trend (2018-2024)
- 9.3.2 Forecast Trend (2025-2034)
- 9.4 South India
- 9.4.1 Historical Trend (2018-2024)
- 9.4.2 Forecast Trend (2025-2034)
- 10 Market Dynamics
- 10.1 SWOT Analysis
- 10.1.1 Strengths
- 10.1.2 Weaknesses
- 10.1.3 Opportunities
- 10.1.4 Threats
- 10.2 Porter’s Five Forces Analysis
- 10.2.1 Supplier’s Power
- 10.2.2 Buyer’s Power
- 10.2.3 Threat of New Entrants
- 10.2.4 Degree of Rivalry
- 10.2.5 Threat of Substitutes
- 10.3 Key Indicators of Demand
- 10.4 Key Indicators of Price
- 11 Value Chain Analysis
- 12 Trade Data Analysis (HS Code – 251)
- 12.1 Major Importing Countries
- 12.1.1 By Volume
- 12.1.2 By Value
- 12.2 Major Exporting Countries
- 12.2.1 By Volume
- 12.2.2 By Value
- 13 Price Analysis
- 14 Manufacturing Process
- 15 Competitive Landscape
- 15.1 Supplier Selection
- 15.2 Key Global Players
- 15.3 Key Regional Players
- 15.4 Key Player Strategies
- 15.5 Company Profiles
- 15.5.1 K+S Aktiengesellschaft
- 15.5.1.1 Company Overview
- 15.5.1.2 Product Portfolio
- 15.5.1.3 Demographic Reach and Achievements
- 15.5.1.4 Certifications
- 15.5.2 Ankur Chemfood Ltd.
- 15.5.2.1 Company Overview
- 15.5.2.2 Product Portfolio
- 15.5.2.3 Demographic Reach and Achievements
- 15.5.2.4 Certifications
- 15.5.3 SKC Industries LLP
- 15.5.3.1 Company Overview
- 15.5.3.2 Product Portfolio
- 15.5.3.3 Demographic Reach and Achievements
- 15.5.3.4 Certifications
- 15.5.4 Shree Sai Salt
- 15.5.4.1 Company Overview
- 15.5.4.2 Product Portfolio
- 15.5.4.3 Demographic Reach and Achievements
- 15.5.4.4 Certifications
- 15.5.5 Tata Consumer Products Ltd.
- 15.5.5.1 Company Overview
- 15.5.5.2 Product Portfolio
- 15.5.5.3 Demographic Reach and Achievements
- 15.5.5.4 Certifications
- 15.5.6 Chandan Salt Works Pvt. Ltd.
- 15.5.6.1 Company Overview
- 15.5.6.2 Product Portfolio
- 15.5.6.3 Demographic Reach and Achievements
- 15.5.6.4 Certifications
- 15.5.7 INEOS Group
- 15.5.7.1 Company Overview
- 15.5.7.2 Product Portfolio
- 15.5.7.3 Demographic Reach and Achievements
- 15.5.7.4 Certifications
- 15.5.8 GHCL Limited
- 15.5.8.1 Company Overview
- 15.5.8.2 Product Portfolio
- 15.5.8.3 Demographic Reach and Achievements
- 15.5.8.4 Certifications
- 15.5.9 Phenix Enterprise
- 15.5.9.1 Company Overview
- 15.5.9.2 Product Portfolio
- 15.5.9.3 Demographic Reach and Achievements
- 15.5.9.4 Certifications
- 15.5.10 Goyal Salt Limited
- 15.5.10.1 Company Overview
- 15.5.10.2 Product Portfolio
- 15.5.10.3 Demographic Reach and Achievements
- 15.5.10.4 Certifications
- 15.5.11 Others
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