
Global Micronized Salt Market, By Grades (98%-99.5% Purity and Above 99.5% Purity), By Applications (Chocolate & Patisserie, Bakery, Functional Food, Dairy, Dairy, Processed Meat, Poultry & Seafood, Preserved/Preserved Fruit - and Vegetables, prepared foo
Description
Global Micronized Salt Market, By Grades (98%-99.5% Purity and Above 99.5% Purity), By Applications (Chocolate & Patisserie, Bakery, Functional Food, Dairy, Dairy, Processed Meat, Poultry & Seafood, Preserved/Preserved Fruit - and Vegetables, prepared foods, beverages and others) By region (North America, Latin America, Europe, Asia. Pacific, Middle East and Africa) - Industry trends and forecast to 2030.
Global Micronized Salt Market
Global Micronized Salt Market is expected to reach USD 2.58 billion by 2022, which will reach USD 4.12 million in 2030, registering a CAGR of 6.02% during the forecast period 2023-2030.
Micronized salt is finely ground salt granules that have been ground and ground to increase solubility. The product is made by evaporating salt water in an artificial vacuum into very pure salt crystals. This method is very useful because the salt produced is more than 98% pure. The application of pressure lowers the temperature required for such efficient vaporization.
Market Drivers
Various health benefits associated with the product. The rise in popularity of ready-to-eat foods and the development of convenience foods due to a fast-paced lifestyle have increased the availability of ketogenic products and brought excitement to the market. Additionally, one of the factors driving the market is the introduction of many nutritional and pharmaceutical supplements that are rich in micronized foods and offer various benefits such as cancer prevention, cognitive properties and anti-inflammatory properties. Technological advances to improve the nutritional value of products
Manufacturers are adopting cutting-edge technological solutions to improve the nutritional value of processed foods, thereby increasing demand. Additionally, growth in global retail trade and rising consumer disposable income are expected to have a positive impact on the production and marketing of micronized salts for food worldwide. In the near future, the growth of the global micronized table salt market is expected to accelerate due to the exponentially increasing demand for processed foods from the growing global population.
Market Restraints
Strict regulations and presence of substitutes. Implementation of sodium intake regulations and availability of salt substitutes are expected to hinder the growth of the micronized salt market. Technological advancement and introduction of other salts will challenge the micronized salt market during the forecast period. This Micronized Salt for Food Market report includes information on new recent developments, business rules, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and local market players, analyzes opportunities based on new revenue pockets and changes. in market regulation, strategic market growth analysis, market size, category market growth, application niches and governance, product approval, product launch, geographic expansion, technological innovations in the market.
Market Opportunities
Consumer awareness and health benefits The increased demand for micronized food has attracted many major market players as well as domestic players such as retailers, wholesalers, suppliers and others. Consumer awareness of the health benefits of low sodium in foods is expected to drive the growth of the micronized foods market in the processed food industry. Eating micronized food reduces the risk of heart attacks and is rich in antioxidants. Micronized food is used to treat gout and arrhythmias in patients with low blood potassium levels. All the major players in the micronized nutritional supplements market have a good opportunity to increase their market share.
Impact of COVID-19
Due to the strict lockdown imposed after the introduction of COVID-19, most of the clients around the world followed strict training and nutrition from the comfort of their homes. As a result, many social media platforms and online health education websites have promoted the consumption of nutritious foods to aid weight loss. As a result, the consumption of keto-based foods and drinks has increased, and the trend will continue in the future. Obesity can also reduce lung capacity and make breathing more difficult in patients with COVID-19. The aforementioned factors suggest that there will be a high demand for health and immunity products in the coming years, which will positively affect the market share of the micronized food.
Market Segmentation
Global Micronized Salt Market is segmented on the basis of By Grades, By Applications
Based on the By Grades market is segmented into98%-99.5% Purity and Above 99.5% Purity. Further market is segmented into By Applications market is segmented into Chocolate & Patisserie, Bakery, Functional Food, Dairy, Dairy, Processed Meat, Poultry & Seafood, Preserved/Preserved Fruit - and Vegetables, prepared foods, beverages and others.
Regional Analysis
Global Micronized Salt Market is segmented into five main regions, namely, North America, Europe, Asia Pacific, Middle East and Africa, and Latin America. China dominates the Asia-Pacific food micronized salt market, which is growing at the fastest CAGR due to new opportunities for the use of micronized salt in the food and beverage industry. The US dominates the North American food micronized salt market as the bakery and beverage segments mostly use micronized salt.
Key Players.
Various key players are listed in this report such as DuPont, ADM, Tate & Lyle, Ingredion Incorporated, Cargill Incorporated, Roquette Frères, PureCircle Ltd, MacAndrews & Forbes Holdings Inc, JK Sucralose Inc, Ajinomoto Co Südzucker AG.
Market Taxonomy
By Grades
Global Micronized Salt Market
Global Micronized Salt Market is expected to reach USD 2.58 billion by 2022, which will reach USD 4.12 million in 2030, registering a CAGR of 6.02% during the forecast period 2023-2030.
Micronized salt is finely ground salt granules that have been ground and ground to increase solubility. The product is made by evaporating salt water in an artificial vacuum into very pure salt crystals. This method is very useful because the salt produced is more than 98% pure. The application of pressure lowers the temperature required for such efficient vaporization.
Market Drivers
Various health benefits associated with the product. The rise in popularity of ready-to-eat foods and the development of convenience foods due to a fast-paced lifestyle have increased the availability of ketogenic products and brought excitement to the market. Additionally, one of the factors driving the market is the introduction of many nutritional and pharmaceutical supplements that are rich in micronized foods and offer various benefits such as cancer prevention, cognitive properties and anti-inflammatory properties. Technological advances to improve the nutritional value of products
Manufacturers are adopting cutting-edge technological solutions to improve the nutritional value of processed foods, thereby increasing demand. Additionally, growth in global retail trade and rising consumer disposable income are expected to have a positive impact on the production and marketing of micronized salts for food worldwide. In the near future, the growth of the global micronized table salt market is expected to accelerate due to the exponentially increasing demand for processed foods from the growing global population.
Market Restraints
Strict regulations and presence of substitutes. Implementation of sodium intake regulations and availability of salt substitutes are expected to hinder the growth of the micronized salt market. Technological advancement and introduction of other salts will challenge the micronized salt market during the forecast period. This Micronized Salt for Food Market report includes information on new recent developments, business rules, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and local market players, analyzes opportunities based on new revenue pockets and changes. in market regulation, strategic market growth analysis, market size, category market growth, application niches and governance, product approval, product launch, geographic expansion, technological innovations in the market.
Market Opportunities
Consumer awareness and health benefits The increased demand for micronized food has attracted many major market players as well as domestic players such as retailers, wholesalers, suppliers and others. Consumer awareness of the health benefits of low sodium in foods is expected to drive the growth of the micronized foods market in the processed food industry. Eating micronized food reduces the risk of heart attacks and is rich in antioxidants. Micronized food is used to treat gout and arrhythmias in patients with low blood potassium levels. All the major players in the micronized nutritional supplements market have a good opportunity to increase their market share.
Impact of COVID-19
Due to the strict lockdown imposed after the introduction of COVID-19, most of the clients around the world followed strict training and nutrition from the comfort of their homes. As a result, many social media platforms and online health education websites have promoted the consumption of nutritious foods to aid weight loss. As a result, the consumption of keto-based foods and drinks has increased, and the trend will continue in the future. Obesity can also reduce lung capacity and make breathing more difficult in patients with COVID-19. The aforementioned factors suggest that there will be a high demand for health and immunity products in the coming years, which will positively affect the market share of the micronized food.
Market Segmentation
Global Micronized Salt Market is segmented on the basis of By Grades, By Applications
Based on the By Grades market is segmented into98%-99.5% Purity and Above 99.5% Purity. Further market is segmented into By Applications market is segmented into Chocolate & Patisserie, Bakery, Functional Food, Dairy, Dairy, Processed Meat, Poultry & Seafood, Preserved/Preserved Fruit - and Vegetables, prepared foods, beverages and others.
Regional Analysis
Global Micronized Salt Market is segmented into five main regions, namely, North America, Europe, Asia Pacific, Middle East and Africa, and Latin America. China dominates the Asia-Pacific food micronized salt market, which is growing at the fastest CAGR due to new opportunities for the use of micronized salt in the food and beverage industry. The US dominates the North American food micronized salt market as the bakery and beverage segments mostly use micronized salt.
Key Players.
Various key players are listed in this report such as DuPont, ADM, Tate & Lyle, Ingredion Incorporated, Cargill Incorporated, Roquette Frères, PureCircle Ltd, MacAndrews & Forbes Holdings Inc, JK Sucralose Inc, Ajinomoto Co Südzucker AG.
Market Taxonomy
By Grades
- 98%-99.5% Purity
- Above 99.5% Purity
- Chocolate & Patisserie
- Bakery
- Functional Food
- Dairy
- Dairy Processed Meat
- Poultry & Seafood
- Preserved/Preserved Fruit - and Vegetables
- Prepared foods
- Beverages and others
- North America
- U.S.
- Canada
- Mexico
- Latin America
- Brazil
- Argentina
- Colombia
- Peru
- Chile
- Venezuela
- Rest of Latin America
- Europe
- Germany
- France
- UK
- Russia
- Italy
- Spain
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- South Korea
- Australia
- New Zealand
- Singapore
- Malaysia
- Rest of Asia Pacific
- Middle East & Africa
- Saudi Arabia
- UAE
- Egypt
- Kuwait
- South Africa
- Rest Middle East & Africa
- What are the Key Opportunities in Global Micronized Salt Market?
- What will be the growth rate from 2023 to 2030?
- Which segment/region will have highest growth?
- What are the factors that will impact/drive the Market?
- What is the competitive Landscape in the Industry?
- What is the role of key players in the value chain?
Table of Contents
230 Pages
- 1 Introduction
- 1.1 Objective of the Study
- 1.2 Market Definition
- 1.3 Market Scope
- 2 Research Methodology
- 2.1 Data Mining
- 2.2 Validation
- 2.3 Primary Interviews
- 2.4 List of Data Sources
- 3 Executive Summary
- 4 Global Micronized Salt Market Outlook
- 4.1 Overview
- 4.2 Market Dynamics
- 4.2.1 Drivers
- 4.2.2 Restraints
- 4.2.3 Opportunities
- 4.2.4 Cumulative Impact due to recent Energy Crisis
- 4.2.5 Cumulative Impact due to nearing economic downturn.
- 4.2.6 Post covid-19 world Supply& Demand conditions
- 4.2.7 Cumulative Impact of Russia-Ukraine Conflict
- 4.3 Porters Five Force Model
- 4.4 Value Chain Analysis
- 5 Global Micronized Salt Market, By Grades
- 5.1 Y-o-Y Growth Comparison, By Grades
- 5.2 Global Micronized Salt Market Share Analysis, By Grades
- 5.3 Global Micronized Salt Market Size and Forecast, By Grades
- 5.3.1 98%-99.5% Purity
- 5.3.2 Above 99.5% Purity
- 6 Global Micronized Salt Market, By Application
- 6.1 Y-o-Y Growth Comparison, By Application
- 6.2 Global Micronized Salt Market Share Analysis, By Application
- 6.3 Global Micronized Salt Market Size and Forecast, By Application
- 6.3.1 Chocolate & Patisserie
- 6.3.2 Bakery
- 6.3.3 Functional Food
- 6.3.4 Dairy
- 6.3.5 Dairy Processed Meat
- 6.3.6 Poultry & Seafood Preserved/Preserved Fruit - and Vegetables
- 6.3.7 Prepared foods
- 6.3.8 Beverages and others
- 7 Global Micronized Salt Market, By Region
- 7.1 Global Micronized Salt Market Share Analysis, By Region
- 7.2 Global Micronized Salt Market Size and Forecast, By Region
- 7.3 Global Micronized Salt Market Trends and Forecast, By Region
- 8 North America Micronized Salt Market Analysis and Forecast (2023-2030)
- 8.1 Introduction
- 8.2 North America Micronized Salt Market Share Analysis, By Grades
- 8.3 North America Micronized Salt Market Size and Forecast, By Application
- 8.4 North America Micronized Salt Market Size and Forecast, By Country
- 8.4.1 U.S.
- 8.4.1.1. Market Size and Forecast, By Grades
- 8.4.1.2 Market Size and Forecast, By Application
- 8.4.2 Canada
- 8.4.2.1. Market Size and Forecast, By Grades
- 8.4.2.2 Market Size and Forecast, By Application
- 8.4.3 Mexico
- 8.4.3.1. Market Size and Forecast, By Grades
- 8.4.3.2 Market Size and Forecast, By Application
- 9 Europe Micronized Salt Market Analysis and Forecast (2023-2030)
- 9.1 Introduction
- 9.2 Europe Micronized Salt Market Share Analysis, By Grades
- 9.3 Europe Micronized Salt Market Size and Forecast, By Application
- 9.4 Europe Micronized Salt Market Size and Forecast, By Country
- 9.4.1 Germany
- 9.4.1.1. Market Size and Forecast, By Grades
- 9.4.1.2 Market Size and Forecast, By Application
- 9.4.2 France
- 9.4.2.1. Market Size and Forecast, By Grades
- 9.4.2.2 Market Size and Forecast, By Application
- 9.4.3 UK
- 9.4.3.1. Market Size and Forecast, By Grades
- 9.4.3.2 Market Size and Forecast, By Application
- 9.4.4. Russia
- 9.4.4.1. Market Size and Forecast, By Grades
- 9.4.4.2 Market Size and Forecast, By Application
- 9.4.5. Italy
- 9.4.5.1. Market Size and Forecast, By Grades
- 9.4.5.2 Market Size and Forecast, By Application
- 9.4.6. Spain
- 9.4.6.1. Market Size and Forecast, By Grades
- 9.4.6.2 Market Size and Forecast, By Application
- 9.4.7. Rest of Europe
- 9.4.7.1. Market Size and Forecast, By Grades
- 9.4.7.2 Market Size and Forecast, By Application
- 10 Asia Pacific Micronized Salt Market Analysis and Forecast (2023-2030)
- 10.1 Introduction
- 10.2 Asia Pacific Micronized Salt Market Share Analysis, By Grades
- 10.3 Asia Pacific Micronized Salt Market Size and Forecast, By Application
- 10.4 Asia Pacific Micronized Salt Market Size and Forecast, By Country
- 10.4.1 China
- 10.4.1.1. Market Size and Forecast, By Grades
- 10.4.1.2 Market Size and Forecast, By Application
- 10.4.2 Japan
- 10.4.2.1. Market Size and Forecast, By Grades
- 10.4.2.2 Market Size and Forecast, By Application
- 10.4.3 India
- 10.4.3.1. Market Size and Forecast, By Grades
- 10.4.3.2 Market Size and Forecast, By Application
- 10.4.4. South Korea
- 10.4.4.1. Market Size and Forecast, By Grades
- 10.4.4.2 Market Size and Forecast, By Application
- 10.4.5. Australia
- 10.4.5.1. Market Size and Forecast, By Grades
- 10.4.5.2 Market Size and Forecast, By Application
- 10.4.6. New Zealand
- 10.4.6.1. Market Size and Forecast, By Grades
- 10.4.6.2 Market Size and Forecast, By Application
- 10.4.7. Singapore
- 10.4.7.1. Market Size and Forecast, By Grades
- 10.4.7.2 Market Size and Forecast, By Application
- 10.4.8. Malaysia
- 10.4.8.1. Market Size and Forecast, By Grades
- 10.4.8.2 Market Size and Forecast, By Application
- 10.4.9. Rest of Asia
- 10.4.9.1. Market Size and Forecast, By Grades
- 10.4.9.2 Market Size and Forecast, By Application
- 11 Latin America Micronized Salt Market Analysis and Forecast (2023-2030)
- 11.1 Introduction
- 11.2 Latin America Micronized Salt Market Share Analysis, By Grades
- 11.3 Latin America Micronized Salt Market Size and Forecast, By Application
- 11.4 Latin America Micronized Salt Market Size and Forecast, By Country
- 11.4.1 Brazil
- 11.4.1.1. Market Size and Forecast, By Grades
- 11.4.1.2 Market Size and Forecast, By Application
- 11.4.2 Argentina
- 11.4.2.1. Market Size and Forecast, By Grades
- 11.4.2.2 Market Size and Forecast, By Application
- 11.4.3. Colombia
- 11.4.3.1. Market Size and Forecast, By Grades
- 11.4.3.2 Market Size and Forecast, By Application
- 11.4.4. Peru
- 11.4.4.1. Market Size and Forecast, By Grades
- 11.4.4.2 Market Size and Forecast, By Application
- 11.4.5. Chile
- 11.4.5.1. Market Size and Forecast, By Grades
- 11.4.5.2 Market Size and Forecast, By Application
- 11.4.6. Venezuela
- 11.4.6.1. Market Size and Forecast, By Grades
- 11.4.6.2 Market Size and Forecast, By Application
- 11.4.7. rest of Latin America
- 11.4.7.1. Market Size and Forecast, By Grades
- 11.4.7.2 Market Size and Forecast, By Application
- 12 Middle East Micronized Salt Market Analysis and Forecast (2023-2030)
- 12.1 Introduction
- 12.2 Middle East Micronized Salt Market Share Analysis, By Grades
- 12.3 Middle East Micronized Salt Market Size and Forecast, By Application
- 12.4 Middle East Micronized Salt Market Size and Forecast, By Country
- 12.4.1. Saudi Arabia
- 12.4.1.1. Market Size and Forecast, By Grades
- 12.4.1.2 Market Size and Forecast, By Application
- 12.4.2 UAE
- 12.4.2.1. Market Size and Forecast, By Grades
- 12.4.2.2 Market Size and Forecast, By Application
- 12.4.3 Egypt
- 12.4.3.1. Market Size and Forecast, By Grades
- 12.4.3.2 Market Size and Forecast, By Application
- 12.4.4 Kuwait
- 12.4.4.1. Market Size and Forecast, By Grades
- 12.4.4.2 Market Size and Forecast, By Application
- 12.4.5 South Africa
- 12.4.5.1. Market Size and Forecast, By Grades
- 12.4.5.2 Market Size and Forecast, By Application
- 12.4.5 Rest of Middle East & Africa
- 12.4.6. Market Size and Forecast, By Grades
- 12.4.6 Market Size and Forecast, By Application
- 13 Competitive Analysis
- 13.1 Competition Dashboard
- 13.2 Market share Analysis of Top Vendors
- 13.3 Key Development Strategies
- 14 Company Profiles
- 14.1 DuPont
- 14.1.1 Overview
- 14.1.2 Offerings
- 14.1.3 Key Financials
- 14.1.4 Business Segment & Geographic Overview
- 14.1.5 Key Market Developments
- 14.1.6 Key Strategies
- 14.2 ADM
- 14.2.1 Overview
- 14.2.2 Offerings
- 14.2.3 Key Financials
- 14.2.4 Business Segment & Geographic Overview
- 14.2.5 Key Market Developments
- 14.2.6 Key Strategies
- 14.3. Tate & Lyle
- 14.3.1 Overview
- 14.3.2 Offerings
- 14.3.3 Key Financials
- 14.3.4 Business Segment & Geographic Overview
- 14.3.5 Key Market Developments
- 14.3.6 Key Strategies
- 14.4. Ingredion Incorporated
- 14.4.1 Overview
- 14.4.2 Offerings
- 14.4.3 Key Financials
- 14.4.4 Business Segment & Geographic Overview
- 14.4.5 Key Market Developments
- 14.4.6 Key Strategies
- 14.5 Cargill Incorporated
- 14.5.1 Overview
- 14.5.2 Offerings
- 14.5.3 Key Financials
- 14.5.4 Business Segment & Geographic Overview
- 14.5.5 Key Market Developments
- 14.5.6 Key Strategies
- 14.6 Roquette Frères
- 14.6.1 Overview
- 14.6.2 Offerings
- 14.6.3 Key Financials
- 14.6.4 Business Segment & Geographic Overview
- 14.6.5 Key Market Developments
- 14.6.6 Key Strategies
- 14.7 PureCircle Ltd
- 14.7.1 Overview
- 14.7.2 Offerings
- 14.7.3 Key Financials
- 14.7.4 Business Segment & Geographic Overview
- 14.7.5 Key Market Developments
- 14.7.6 Key Strategies
- 14.8 MacAndrews & Forbes Holdings Inc
- 14.8.1 Overview
- 14.8.2 Offerings
- 14.8.3 Key Financials
- 14.8.4 Business Segment & Geographic Overview
- 14.8.5 Key Market Developments
- 14.8.6 Key Strategies
- 14.9 JK Sucralose Inc
- 14.9.1 Overview
- 14.9.2 Offerings
- 14.9.3 Key Financials
- 14.9.4 Business Segment & Geographic Overview
- 14.9.5 Key Market Developments
- 14.9.6 Key Strategies
- 14.10 Ajinomoto Co
- 14.10.1 Overview
- 14.10.2 Offerings
- 14.10.3 Key Financials
- 14.10.4 Business Segment & Geographic Overview
- 14.10.5 Key Market Developments
- 14.10.6 Key Strategies
Pricing
Currency Rates
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