Market Overview:
The global pretzel salts market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to factors such as rising demand for salty snacks, increasing disposable income, and growing awareness about health and wellness. In terms of type, the natural segment is expected to lead the global pretzel salts market during the forecast period. This can be attributed to the increasing demand for organic products across regions. In terms of application, food and beverages is expected to account for a major share of the global pretzel salts market during the forecast period.
Product Definition:
Pretzel salt is a type of coarse-grained salt that is used to make pretzels. The coarse grains help to give the pretzels their distinctive texture and flavor.
Natural:
Natural is a kind of raw material which has no artificial additives or preservatives. It contains only three ingredients, namely salt, water and yeast. The product is produced by the fermentation of natural sources such as sea salts and Himalayan rock salt. Natural pretzels are suitable for people who have lactose intolerance or allergies to gluten as they do not contain wheat flour.
The global market for natural pretzel was estimated at USD 3 million in 2015.
Iodized:
Iodized salt is a kind of salt that has been treated with iodine to prevent the growth of bacteria. The thyroid gland is an organ located in the neck, which regulates the body's metabolism and synthesis of proteins.
Application Insights:
The global pretzel salts market has been segmented into three major applications including food and beverages, household/ retail, and food service industry. The pretzel salts used in the food service industry are usually Iodized Pretzels as they are easier to handle for chefs while preparing various foods. Food and beverage application dominated the overall market with a share of over 60% in 2017 owing to growing demand from consumers around the world. Growing popularity of fast foods coupled with rising disposable income levels among developing countries is expected to drive growth over the forecast period.
Household/retail application is projected register a CAGR of XX% from 2018 to 2030 on account of increasing consumption due largely pretzels snacks being sold at affordable prices by street vendors across various regions worldwide especially during holiday seasons such as Christmas, Thanksgiving Day etcetera which have become popular among consumers who prefer home-made products over store-bought ones.
Regional Analysis:
Europe was the largest market for pretzels, accounting for more than 35% of global revenue in 2017. Germany is one of the major markets in Europe and has a large number of producers. The region will retain its dominant position over the forecast period owing to growing demand from various end-use industries such as food and beverages, household/retail, and food service industry.
Asia Pacific is expected to be one of the fastest-growing regions with a CAGR exceeding 5% from 2018 to 2030 due to increasing awareness about health benefits associated Pretzels are high in salt content which makes it an ideal snack option across countries like China Japan India Singapore Malaysia Indonesia Philippines Thailand Vietnam etc and other emerging economies such as Bangladesh Pakistan Sri Lanka Myanmar etc.
Growth Factors:
- Increasing demand for healthy snacks: The global pretzel salts market is expected to grow at a CAGR of 5.5% during the forecast period owing to the increasing demand for healthy snacks. Pretzels are low in calories and are a good source of dietary fiber, making them a popular choice among health-conscious consumers.
- Rising popularity of artisanal pretzels: Artisanal or handmade pretzels are made with high-quality ingredients and have a more complex flavor as compared to mass-produced ones. This has led to their rising popularity among consumers, especially in developed countries such as the US and Germany.
- Growing trend of snacking: The global snacking market is projected to grow at a CAGR of 6% during the forecast period due to changing lifestyles and growing urbanization across the world. Pretzel salts offer an ideal snack option as they are not only tasty but also nutritious.
Scope Of The Report
Report Attributes
Report Details
Report Title
Pretzel Salts Market Research Report
By Type
Natural, Iodized
By Application
Food and Beverages, Household/ Retail, Food Service Industry
By Companies
Cargill Incorporated, Barry Farm Foods, Hoosier Hill Farm, Jacobsen Salt, Morton Salt, SaltWorks, San Francisco Salt Company, Southwest Salt Company, QualiTech, Santa Cruz Biotechnology, Cargill Incorporated
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
135
Number of Tables & Figures
95
Customization Available
Yes, the report can be customized as per your need.
Global Pretzel Salts Market Report Segments:
The global Pretzel Salts market is segmented on the basis of:
Types
Natural, Iodized
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
Food and Beverages, Household/ Retail, Food Service Industry
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:
- Cargill Incorporated
- Barry Farm Foods
- Hoosier Hill Farm
- Jacobsen Salt
- Morton Salt
- SaltWorks
- San Francisco Salt Company
- Southwest Salt Company
- QualiTech
- Santa Cruz Biotechnology
- Cargill Incorporated
Highlights of The Pretzel Salts 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:
- Natural
- Iodized
- By Application:
- Food and Beverages
- Household/ Retail
- Food Service Industry
- 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 Pretzel Salts 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
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?
Pretzel salts are a type of salt that is made from pretzels. Pretzel salts are often used as an additive in food products to give them a salty taste.
Some of the key players operating in the pretzel salts market are Cargill Incorporated, Barry Farm Foods, Hoosier Hill Farm, Jacobsen Salt, Morton Salt, SaltWorks, San Francisco Salt Company, Southwest Salt Company, QualiTech, Santa Cruz Biotechnology, Cargill Incorporated.
The pretzel salts market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Pretzel Salts 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 Pretzel Salts Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Pretzel Salts 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 Pretzel Salts 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 Pretzel Salts Market Size & Forecast, 2018-2028 4.5.1 Pretzel Salts Market Size and Y-o-Y Growth 4.5.2 Pretzel Salts Market Absolute $ Opportunity
Chapter 5 Global Pretzel Salts 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 Pretzel Salts Market Size Forecast by Type
5.2.1 Natural
5.2.2 Iodized
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Pretzel Salts 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 Pretzel Salts Market Size Forecast by Applications
6.2.1 Food and Beverages
6.2.2 Household/ Retail
6.2.3 Food Service Industry
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Pretzel Salts 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 Pretzel Salts 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 Pretzel Salts Analysis and Forecast
9.1 Introduction
9.2 North America Pretzel Salts 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 Pretzel Salts Market Size Forecast by Type
9.6.1 Natural
9.6.2 Iodized
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 Pretzel Salts Market Size Forecast by Applications
9.10.1 Food and Beverages
9.10.2 Household/ Retail
9.10.3 Food Service Industry
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 Pretzel Salts Analysis and Forecast
10.1 Introduction
10.2 Europe Pretzel Salts 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 Pretzel Salts Market Size Forecast by Type
10.6.1 Natural
10.6.2 Iodized
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 Pretzel Salts Market Size Forecast by Applications
10.10.1 Food and Beverages
10.10.2 Household/ Retail
10.10.3 Food Service Industry
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 Pretzel Salts Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Pretzel Salts 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 Pretzel Salts Market Size Forecast by Type
11.6.1 Natural
11.6.2 Iodized
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 Pretzel Salts Market Size Forecast by Applications
11.10.1 Food and Beverages
11.10.2 Household/ Retail
11.10.3 Food Service Industry
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 Pretzel Salts Analysis and Forecast
12.1 Introduction
12.2 Latin America Pretzel Salts 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 Pretzel Salts Market Size Forecast by Type
12.6.1 Natural
12.6.2 Iodized
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 Pretzel Salts Market Size Forecast by Applications
12.10.1 Food and Beverages
12.10.2 Household/ Retail
12.10.3 Food Service Industry
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) Pretzel Salts Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Pretzel Salts 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) Pretzel Salts Market Size Forecast by Type
13.6.1 Natural
13.6.2 Iodized
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) Pretzel Salts Market Size Forecast by Applications
13.10.1 Food and Beverages
13.10.2 Household/ Retail
13.10.3 Food Service Industry
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 Pretzel Salts Market: Competitive Dashboard
14.2 Global Pretzel Salts Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Cargill Incorporated
14.3.2 Barry Farm Foods
14.3.3 Hoosier Hill Farm
14.3.4 Jacobsen Salt
14.3.5 Morton Salt
14.3.6 SaltWorks
14.3.7 San Francisco Salt Company
14.3.8 Southwest Salt Company
14.3.9 QualiTech
14.3.10 Santa Cruz Biotechnology
14.3.11 Cargill Incorporated