Market Overview:
The global feed salt (feed grade salt) market is estimated to be valued at US$ XX Mn in 2018 and is projected to register a CAGR of X.X% over the forecast period (2018-2030), according to a new study by Persistence Market Research. The global feed salt (feed grade salt) market is segmented on the basis of type, application and region. On the basis of type, the global feed salt (feed grade salt) market is segmented into sea salt, well and rock salt, lake Salt. On the basis of application, the global feed Salt (Feed Grade Salt)market is segmented into home pastures and livestock farm. Region wise, North America dominates in terms of revenue share in 2017 followed by Europe due to high demand for animal protein products from developed countries such as U.S., Germany etc., Asia Pacific excluding Japan registered highest CAGR during forecast period owing to rising population which has led increase in demand for meat products across this region especially from countries such as China & India etc., Latin America follows APEJ with second highest growth rate during forecast period owing increased production activities coupled with rising disposable income levels among consumers across major economies such as Brazil & Mexico etc.
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Product Definition:
Feed Salt is a type of salt that is specifically meant for animal feed. It contains a higher level of minerals than table salt, and it also has a lower sodium content. This makes it an ideal choice for animals that are being raised for meat or dairy production, as it helps to ensure their healthy growth. Feed salt is also often used as a way to improve the flavor of feed rations.
Sea Salt:
sea salt is produced by evaporating seawater, usually from the nearest shoreline. There are two types of sea salts: marine and brine. Brine is typically derived from large water bodies (ocean or saline solution), whereas marine is obtained through evaporation at the coast line itself.
Well and Rock Salt:
Well and rock salt are the two main products used in feed salt. Well is the product that is produced from drilling deep underground water reservoirs. The by-product of oil & gas extraction; it’s cost effective, easy to store and can be easily transported. It has a high content of sodium chloride (NaCl) which makes it suitable for use as feed salt in animal nutrition applications.
Application Insights:
The home pastures segment accounted for the largest market share in 2017 and is expected to continue its dominance over the forecast period. The growth of this segment can be attributed to increasing demand for high quality animal feed from various end-use industries, such as poultry farming, dairy farming and beef cattle rearing. Feed grade salt plays a crucial role in optimizing livestock performance by enhancing their health, weight gain and overall well being.
Livestock farm is anticipated to be the fastest growing application sector over the forecast period owing to rising investments from countries within Latin America and Asia Pacific regions. These regions are characterized by rapidly expanding livestock sectors on account of supportive government policies aimed at promoting agricultural activities that include meat production among their major products. This factor is projected to fuel industry expansion during the estimated time frame.
Regional Analysis:
Asia Pacific dominated the global feed salt market in 2017. The region is expected to witness a CAGR of XX% over the forecast period, owing to increasing production and consumption of meat products in China and India. In addition, rising population coupled with growing demand for meat as a dietary staple is anticipated to drive industry growth over the coming years.
Europe accounted for 24% share of total revenue in 2017 on account of high consumption levels associated with processed food products across Germany, U.K., France and other countries within the region have been experiencing strong economic growth since 2016; which has resulted into increased livestock farm sizes thereby driving product demand from pastures application segment over last few years (see Table 1). However, recent outbreak of highly contagious disease such as COVID-19 at various places including Italy, Spain has resulted into massive slaughtering activities which may negatively impact overall market growth during 2018-19 period (see Figure 1).
Growth Factors:
- Increasing demand for Feed Salt from livestock and poultry industry as a result of rising population and their growing demand for meat and eggs.
- Government initiatives to promote the use of Feed Salt in animal feed to improve their productivity is also expected to drive the market growth.
- Growing awareness among farmers about the benefits of using Feed Salt in animal feed is anticipated to propel the market growth over the forecast period.
- Rising prices of traditional feed ingredients such as grains, soybean meal, etc., is expected to fuel the demand for Feed Salt over the forecast period thereby propelling market growth.
Scope Of The Report
Report Attributes
Report Details
Report Title
Feed Salt (Feed Grade Salt) Market Research Report
By Type
Sea Salt, Well and Rock Salt, Lake Salt
By Application
Home Pastures, Livestock farm
By Companies
ICL Fertilizers, Cargill, Zoutman industries, China Salt, United Salt Corporation, Morton Salt, K+S Windsor Salt
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
160
Number of Tables & Figures
112
Customization Available
Yes, the report can be customized as per your need.
Global Feed Salt (Feed Grade Salt) Market Report Segments:
The global Feed Salt (Feed Grade Salt) market is segmented on the basis of:
Types
Sea Salt, Well and Rock Salt, Lake Salt
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Home Pastures, Livestock farm
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- ICL Fertilizers
- Cargill
- Zoutman industries
- China Salt
- United Salt Corporation
- Morton Salt
- K+S Windsor Salt
 Market Overview.svg)
Highlights of The Feed Salt (Feed Grade Salt) Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Sea Salt
- Well and Rock Salt
- Lake Salt
- By Application:
- Home Pastures
- Livestock farm
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Feed Salt (Feed Grade Salt) Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
 Market Statistics.svg)
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Feed salt is a type of salt that is used as a food additive in livestock feed. It is also used as a de-icing agent on roads and sidewalks.
Some of the major players in the feed salt (feed grade salt) market are ICL Fertilizers, Cargill, Zoutman industries, China Salt, United Salt Corporation, Morton Salt, K+S Windsor Salt.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Feed Salt (Feed Grade Salt) Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Feed Salt (Feed Grade Salt) Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Feed Salt (Feed Grade Salt) Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Feed Salt (Feed Grade Salt) Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Feed Salt (Feed Grade Salt) Market Size & Forecast, 2020-2028
4.5.1 Feed Salt (Feed Grade Salt) Market Size and Y-o-Y Growth
4.5.2 Feed Salt (Feed Grade Salt) Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Sea Salt
5.2.2 Well and Rock Salt
5.2.3 Lake Salt
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Home Pastures
6.2.2 Livestock farm
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Feed Salt (Feed Grade Salt) Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Feed Salt (Feed Grade Salt) Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Sea Salt
9.6.2 Well and Rock Salt
9.6.3 Lake Salt
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Home Pastures
9.10.2 Livestock farm
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Sea Salt
10.6.2 Well and Rock Salt
10.6.3 Lake Salt
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Home Pastures
10.10.2 Livestock farm
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Sea Salt
11.6.2 Well and Rock Salt
11.6.3 Lake Salt
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Home Pastures
11.10.2 Livestock farm
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Sea Salt
12.6.2 Well and Rock Salt
12.6.3 Lake Salt
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Home Pastures
12.10.2 Livestock farm
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Sea Salt
13.6.2 Well and Rock Salt
13.6.3 Lake Salt
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Home Pastures
13.10.2 Livestock farm
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Feed Salt (Feed Grade Salt) Market: Competitive Dashboard
14.2 Global Feed Salt (Feed Grade Salt) Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 ICL Fertilizers
14.3.2 Cargill
14.3.3 Zoutman industries
14.3.4 China Salt
14.3.5 United Salt Corporation
14.3.6 Morton Salt
14.3.7 K+S Windsor Salt
