Gourmet Salt Market Forecasts to 2028 - Global Analysis By Type, Application, Distribution Channel and By Geography

According to Stratistics MRC, the Global Gourmet Salt Market is accounted for $4.18 billion in 2022 and is expected to reach $6.68 billion by 2028 growing at a CAGR of 8.12% during the forecast period. Gourmet salt is crystallized from current bodies of seawater by open-air solar evaporation or by a quick vacuum evaporation process. They are high superiority unrefined salt that is being used in the upscale culinary application, available in different textures like superfine and coarse. They are used to enhance the texture, appeal, and taste of everyday flavour. Gourmet salt, known as bay salt or sea salt, is a form of common salt, however, these varieties are less processed than regular table salt. Because gourmet salt contains multiple contaminants and minute quantities of various minerals, it can cause minor changes in the manifestation and flavor of processed foods.

According to the United States Department of Agriculture (USDA), quick-service restaurants had a decline of 16.9% in 2021 due to the global crisis. According to European Cardiovascular Disease Statistics, 45% of death in the region is due to cardiovascular diseases.

Market Dynamics:

Driver:

Rising demand from the food service industry

The foodservice industry is developing due to increasing universalization. Gourmet salt is considered one of the healthiest salts due to the fact that it reduces several diseases. With the rising awareness, the consumer's taste and preference for food are also changing. These salts are becoming vital ingredients for all types of cuisines, especially in luxury restaurants, as each kind of gourmet salt has its own specific function and provides a specific taste and texture to the food. Thus, the emerging food service around the world is driving the market growth.

Restraint:

High health risks

Conservative gourmet salt has a considerable amount of sodium chloride which is similar to common salt. Excess of sodium consumption increases blood pressure as it holds excess fluid in the body which further creates a burden on the heart leading to the risk of stroke, heart failure, osteoporosis, stomach cancer, and kidney disease. Majority of the people consume double the recommended quantity of sodium. Due to this, consumers are becoming conscious about their health and trying to limit salt intake which is expected to hinder the global market growth during the forecast period.

Opportunity:

Growing online food delivery service

Every industry is being altered owing to the increased use of technology to fulfil the requirements of customers efficiently. Mounting number of households worldwide is turning to online food delivery services as a more expedient and cost effective alternative. The players operating in the online food delivery industry are focused on attracting consumers by adopting different types of promotional strategies. Many companies offer discounts to new customers, while some offer discounts and free delivery to new customers. These are the factors influencing the growth of the market.

Threat:

High product price

Gourmet salt is usually used in specialty dishes owing to its unique flavor and taste. Other than taste and flavor, gourmet salt also claims to offer certain health benefits and healing properties. This salt acts as a good source of trace minerals and thus priced higher than regular table salt. High cost of salt directly impacts the end price of the processed food. Foodservice outlets are the major consumers of gourmet salt owing to its affordability and this factor is expected to be a major retraining factor.

COVID-19 Impact

COVID-19 has spread all over the world and most of the countries are adopting lockdown measures to control the spread of the virus for securing public health. All business and production activities are fully shut down except food and medical sector or other, leading toward economic crisis in the country. Manufacturing and production functions are stopped which has slowed down the business and inactive trade and transportation has fully disrupted the supply chain because of which companies can face big losses.

The himalayan salt segment is expected to be the largest during the forecast period

The himalayan salt segment is estimated to have a lucrative growth, due to its therapeutic properties, taste appeal, health benefits and nutrients that are beneficial for human consumption. Its ability to pass on exotic natural flavor to food items and its low sodium content will continue to fuel the demand. Moreover, it is a perfect alternative for table salt as it has larger granules and stronger salty flavour. These factors are driving the revenue growth of the segment.

The meat segment is expected to have the highest CAGR during the forecast period

The meat segment is anticipated to witness the fastest CAGR growth during the forecast period, due to the increasing demand for meat items across the world. Coarse salts are ideal for cooking meat. Apart from making the meat tender, they impart a distinct flavor and evenly season in the surface as well as inside. In addition, the rising demand has resulted in developing new preservation and packaging methods to extend their shelf life.

Region with highest share:

Asia Pacific is projected to hold the largest market share during the forecast period owing to the emerging economies, uplifting living standards, surging demand for processed food, health consciousness behaviour coupled with development in food and beverage industries. The use of salts for multiple applications like preserving food, canning, pickling and using for enhancing the taste, aroma, and appearance of dishes in premium restaurants are the factors driving the growth.

Region with highest CAGR:

Europe is projected to have the highest CAGR over the forecast period, owing to growing awareness of the health benefits of gourmet salt as salts like himalayan salt contain less sodium than ordinary table salt. Thereby, the consumers are more conscious of health and are tremendously moving towards gourmet salt consumption in daily life as the salt helps in reducing heart diseases. The increasing application of gourmet salt in meat, poultry processing as well as seafood is also driving the market forward.

Key players in the market

Some of the key players profiled in the Gourmet Salt Market include Cheetham Salt, Saltopia Artisan Infused Sea Salts, The Marblehead Salt Co. LLC., Cargill, Incorporated , Murray River Gourmet Salt, SaltWorks Inc., Pyramid Salt Pty. Ltd., Morton Salt Inc., Sudwestdeutsche Salzwerke AG, Salty Wahine Gourmet Hawaiian Sea Salts LLC, INFOSA, Alaska Pure Sea Salt Co., San Francisco Salt Company, Amagansett Sea Salt Co., The Meadow (Bitterman and Sons, Inc.), Maldon Crystal Salt Company Limited, SeaSalt Superstore LLC, HEPP'S Salt Co., The Savory Pantry and Evolution Salt Co.

Key Developments:

In January 2021, Cargill launched a new purified sea salt flour. The ingredient is a unique type of ultra-fine cut, powder-like sodium chloride. It is suitable for applications that require extremely fine sizing for blending, including dry soup, cereal, flour, and spice mixes, as well as for topping snack foods.

In April 2020, SaltWorks announced its adoption of sophisticated new B2B eCommerce tools to provide a better customer experience and fuel sales growth. Developed in partnership with B2B eCommerce innovator OroCommerce, the new platform gives SaltWorks the robust, flexible sales infrastructure required to meet its customers' diverse needs at scale.

Types Covered:

• Himalayan Salt
• Sel Gris
• Fleur de sel
• Flakey Salt
• Specialty Salt
• Other Types

Applications Covered:

• Sea Food
• Bakery
• Confectionary
• Meat
• Poultry
• Savories
• Sauces
• Other Applications

Distribution Channels Covered:

• Convenience Stores
• Specialty Stores
• Supermarkets/Hypermarkets
• E-Commerce
• Other Distribution Channels

Regions Covered:

• North America
  • US
  • Canada
  • Mexico
• Europe
  • Germany
  • UK
  • Italy
  • France
  • Spain
  • Rest of Europe
• Asia Pacific
  • Japan
  • China
  • India
  • Australia
  • New Zealand
  • South Korea
  • Rest of Asia Pacific
• South America
  • Argentina
  • Brazil
  • Chile
  • Rest of South America
• Middle East & Africa
  • Saudi Arabia
  • UAE
  • Qatar
  • South Africa
  • Rest of Middle East & Africa

What our report offers:

• Market share assessments for the regional and country-level segments
• Strategic recommendations for the new entrants
• Covers Market data for the years 2020, 2021, 2022, 2025, and 2028
• Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
• Strategic recommendations in key business segments based on the market estimations
• Competitive landscaping mapping the key common trends
• Company profiling with detailed strategies, financials, and recent developments
• Supply chain trends mapping the latest technological advancements

Free Customization Offerings:

All the customers of this report will be entitled to receive one of the following free customization options:

• Company Profiling
  • Comprehensive profiling of additional market players (up to 3)
  • SWOT Analysis of key players (up to 3)
• Regional Segmentation
  • Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
  • Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances

According to Stratistics MRC, the Global Gourmet Salt Market is accounted for $4.18 billion in 2022 and is expected to reach $6.68 billion by 2028 growing at a CAGR of 8.12% during the forecast period. Gourmet salt is crystallized from current bodies of seawater by open-air solar evaporation or by a quick vacuum evaporation process. They are high superiority unrefined salt that is being used in the upscale culinary application, available in different textures like superfine and coarse. They are used to enhance the texture, appeal, and taste of everyday flavour. Gourmet salt, known as bay salt or sea salt, is a form of common salt, however, these varieties are less processed than regular table salt. Because gourmet salt contains multiple contaminants and minute quantities of various minerals, it can cause minor changes in the manifestation and flavor of processed foods.

According to the United States Department of Agriculture (USDA), quick-service restaurants had a decline of 16.9% in 2021 due to the global crisis. According to European Cardiovascular Disease Statistics, 45% of death in the region is due to cardiovascular diseases.

Market Dynamics:

Driver:

Rising demand from the food service industry

The foodservice industry is developing due to increasing universalization. Gourmet salt is considered one of the healthiest salts due to the fact that it reduces several diseases. With the rising awareness, the consumer's taste and preference for food are also changing. These salts are becoming vital ingredients for all types of cuisines, especially in luxury restaurants, as each kind of gourmet salt has its own specific function and provides a specific taste and texture to the food. Thus, the emerging food service around the world is driving the market growth.

Restraint:

High health risks

Conservative gourmet salt has a considerable amount of sodium chloride which is similar to common salt. Excess of sodium consumption increases blood pressure as it holds excess fluid in the body which further creates a burden on the heart leading to the risk of stroke, heart failure, osteoporosis, stomach cancer, and kidney disease. Majority of the people consume double the recommended quantity of sodium. Due to this, consumers are becoming conscious about their health and trying to limit salt intake which is expected to hinder the global market growth during the forecast period.

Opportunity:

Growing online food delivery service

Every industry is being altered owing to the increased use of technology to fulfil the requirements of customers efficiently. Mounting number of households worldwide is turning to online food delivery services as a more expedient and cost effective alternative. The players operating in the online food delivery industry are focused on attracting consumers by adopting different types of promotional strategies. Many companies offer discounts to new customers, while some offer discounts and free delivery to new customers. These are the factors influencing the growth of the market.

Threat:

High product price

Gourmet salt is usually used in specialty dishes owing to its unique flavor and taste. Other than taste and flavor, gourmet salt also claims to offer certain health benefits and healing properties. This salt acts as a good source of trace minerals and thus priced higher than regular table salt. High cost of salt directly impacts the end price of the processed food. Foodservice outlets are the major consumers of gourmet salt owing to its affordability and this factor is expected to be a major retraining factor.

COVID-19 Impact

COVID-19 has spread all over the world and most of the countries are adopting lockdown measures to control the spread of the virus for securing public health. All business and production activities are fully shut down except food and medical sector or other, leading toward economic crisis in the country. Manufacturing and production functions are stopped which has slowed down the business and inactive trade and transportation has fully disrupted the supply chain because of which companies can face big losses.

The himalayan salt segment is expected to be the largest during the forecast period

The himalayan salt segment is estimated to have a lucrative growth, due to its therapeutic properties, taste appeal, health benefits and nutrients that are beneficial for human consumption. Its ability to pass on exotic natural flavor to food items and its low sodium content will continue to fuel the demand. Moreover, it is a perfect alternative for table salt as it has larger granules and stronger salty flavour. These factors are driving the revenue growth of the segment.

The meat segment is expected to have the highest CAGR during the forecast period

The meat segment is anticipated to witness the fastest CAGR growth during the forecast period, due to the increasing demand for meat items across the world. Coarse salts are ideal for cooking meat. Apart from making the meat tender, they impart a distinct flavor and evenly season in the surface as well as inside. In addition, the rising demand has resulted in developing new preservation and packaging methods to extend their shelf life.

Region with highest share:

Asia Pacific is projected to hold the largest market share during the forecast period owing to the emerging economies, uplifting living standards, surging demand for processed food, health consciousness behaviour coupled with development in food and beverage industries. The use of salts for multiple applications like preserving food, canning, pickling and using for enhancing the taste, aroma, and appearance of dishes in premium restaurants are the factors driving the growth.

Region with highest CAGR:

Europe is projected to have the highest CAGR over the forecast period, owing to growing awareness of the health benefits of gourmet salt as salts like himalayan salt contain less sodium than ordinary table salt. Thereby, the consumers are more conscious of health and are tremendously moving towards gourmet salt consumption in daily life as the salt helps in reducing heart diseases. The increasing application of gourmet salt in meat, poultry processing as well as seafood is also driving the market forward.

Key players in the market

Some of the key players profiled in the Gourmet Salt Market include Cheetham Salt, Saltopia Artisan Infused Sea Salts, The Marblehead Salt Co. LLC., Cargill, Incorporated , Murray River Gourmet Salt, SaltWorks Inc., Pyramid Salt Pty. Ltd., Morton Salt Inc., Sudwestdeutsche Salzwerke AG, Salty Wahine Gourmet Hawaiian Sea Salts LLC, INFOSA, Alaska Pure Sea Salt Co., San Francisco Salt Company, Amagansett Sea Salt Co., The Meadow (Bitterman and Sons, Inc.), Maldon Crystal Salt Company Limited, SeaSalt Superstore LLC, HEPP'S Salt Co., The Savory Pantry and Evolution Salt Co.

Key Developments:

In January 2021, Cargill launched a new purified sea salt flour. The ingredient is a unique type of ultra-fine cut, powder-like sodium chloride. It is suitable for applications that require extremely fine sizing for blending, including dry soup, cereal, flour, and spice mixes, as well as for topping snack foods.

In April 2020, SaltWorks announced its adoption of sophisticated new B2B eCommerce tools to provide a better customer experience and fuel sales growth. Developed in partnership with B2B eCommerce innovator OroCommerce, the new platform gives SaltWorks the robust, flexible sales infrastructure required to meet its customers' diverse needs at scale.

Types Covered:

• Himalayan Salt
• Sel Gris
• Fleur de sel
• Flakey Salt
• Specialty Salt
• Other Types

Applications Covered:

• Sea Food
• Bakery
• Confectionary
• Meat
• Poultry
• Savories
• Sauces
• Other Applications

Distribution Channels Covered:

• Convenience Stores
• Specialty Stores
• Supermarkets/Hypermarkets
• E-Commerce
• Other Distribution Channels

Regions Covered:

• North America
  • US
  • Canada
  • Mexico
• Europe
  • Germany
  • UK
  • Italy
  • France
  • Spain
  • Rest of Europe
• Asia Pacific
  • Japan
  • China
  • India
  • Australia
  • New Zealand
  • South Korea
  • Rest of Asia Pacific
• South America
  • Argentina
  • Brazil
  • Chile
  • Rest of South America
• Middle East & Africa
  • Saudi Arabia
  • UAE
  • Qatar
  • South Africa
  • Rest of Middle East & Africa

What our report offers:

• Market share assessments for the regional and country-level segments
• Strategic recommendations for the new entrants
• Covers Market data for the years 2020, 2021, 2022, 2025, and 2028
• Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
• Strategic recommendations in key business segments based on the market estimations
• Competitive landscaping mapping the key common trends
• Company profiling with detailed strategies, financials, and recent developments
• Supply chain trends mapping the latest technological advancements

Free Customization Offerings:

All the customers of this report will be entitled to receive one of the following free customization options:

• Company Profiling
  • Comprehensive profiling of additional market players (up to 3)
  • SWOT Analysis of key players (up to 3)
• Regional Segmentation
  • Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
  • Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances