Market Overview:
The global sea salt market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The market growth is attributed to the increasing demand for natural and organic products, rising awareness about the health benefits of sea salt, and growing applications in food and cosmetics industries. Based on type, the global sea salt market is segmented into natural fine sea salt, natural coarse sea salt, and malborough flaky sea salt. Natural fine Sea Salt accounted for the largest share of the global Sea Salt Market in 2017 due to its high quality and purity. It is used as a flavor enhancer in various cuisines across different regions. Natural Coarse Sea Salt accounted for second-largest share of the global Sea Salt Market in 2017 due to its low price point as compared to other types of salts available in the market. Malborough Flaky Sea Salt held a small share of less than 10%of total volume consumed globally owing to its high price point as compared with other types of salts available in the market . Based on application,theglobalsea salttmarketis dividedinto food useandcosmetic use segments .
Product Definition:
Sea salt is a type of salt that is harvested from the sea. It typically has a more mineral-rich flavor than regular table salt. Sea salt can be used in cooking, or as a finishing agent for foods like salads and seafood.
Natural Fine Sea Salt:
Natural Fine Sea Salt is unrefined sea salt which has been harvested from the ocean. It's different from Kosher or Himalayan Rock Salt as it was not processed through evaporation of water, but directly extracted by hand. The natural fine sea salt is crystal clear in color and has a bright orange-red glow under a light.
Natural Coarse Sea Salt:
Natural coarse sea salt is harvested from the ocean and has larger crystal size. The natural product contains many trace minerals and has a high content of magnesium & calcium. Magnesium & calcium help to strengthen bones, muscles, ligaments & joints; which makes it an important ingredient in sports nutrition products such as energy drinks, weight loss supplements or meal replacement products.
Application Insights:
The food use segment led the global sea salt market in 2017 and is projected to expand at a CAGR of XX% over the forecast period. The growth can be attributed to rising demand for processed foods as well as an increasing number of restaurants and eateries across various regions, including Asia Pacific, North America and Europe.
Cosmetic use is another key application for this product owing to its antibacterial properties that help treat acne scars among others. Increasing awareness about personal hygiene has resulted in increased cosmetic product usage across developing countries such as India, China and Vietnam which will drive the segment further over the coming years.
Other applications include industrial uses such as toothpaste manufacturing or de-icing salts used on roads during winterstime when road temperatures dip below 0oC.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The presence of a large number of players coupled with growing demand from countries such as China, Japan, South Korea, Singapore and India are some factors contributing to regional growth. Increasing health awareness among consumers has resulted in increased consumption of natural products such as sea salt. This trend is projected to further boost product sales over the coming years.
The increasing popularity of natural cosmetics due to rising consumer inclination towards healthy living is projected favorably impact industry growth over the forecast period. Europe accounted for more than 25% share in 2017 owing to high consumption levels mainly driven by Germany, France and U K., where people prefer flaky sea salt instead of iodized table salt which makes it an ideal dietary supplement for this region as well as others around world (Figure 1).
Growth Factors:
- Increasing demand for natural and healthy food products.
- Rising awareness about the health benefits of sea salt.
- Growing popularity of Mediterranean diet.
- Increasing use of sea salt in food preparations and recipes worldwide.
- rising demand from emerging markets such as China and India
Scope Of The Report
Report Attributes
Report Details
Report Title
Sea Salt Market Research Report
By Type
Natural Fine Sea Salt, Natural Coarse Sea Salt, Malborough Flaky Sea Salt
By Application
Food Use, Cosmetic Use, Other
By Companies
Piranske Soline, Khoisan Sea Salt, NOSTIMO, Selina Naturally, Maine Sea Salt Company, SaltWorks, Dominion 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
237
Number of Tables & Figures
166
Customization Available
Yes, the report can be customized as per your need.
Global Sea Salt Market Report Segments:
The global Sea Salt market is segmented on the basis of:
Types
Natural Fine Sea Salt, Natural Coarse Sea Salt, Malborough Flaky Sea 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
Food Use, Cosmetic Use, Other
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:
- Piranske Soline
- Khoisan Sea Salt
- NOSTIMO
- Selina Naturally
- Maine Sea Salt Company
- SaltWorks
- Dominion Salt
Highlights of The Sea 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:
- Natural Fine Sea Salt
- Natural Coarse Sea Salt
- Malborough Flaky Sea Salt
- By Application:
- Food Use
- Cosmetic Use
- Other
- 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 Sea 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
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?
Sea salt is a type of salt that comes from the sea. It has a slightly different flavor than other types of salts and is often used in cooking because it has a stronger taste.
Some of the major players in the sea salt market are Piranske Soline, Khoisan Sea Salt, NOSTIMO, Selina Naturally, Maine Sea Salt Company, SaltWorks, Dominion Salt.
The sea salt 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 Sea 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 Sea Salt Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Sea 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 Sea 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 Sea Salt Market Size & Forecast, 2018-2028
4.5.1 Sea Salt Market Size and Y-o-Y Growth
4.5.2 Sea Salt Market Absolute $ Opportunity
Chapter 5 Global Sea Salt 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 Sea Salt Market Size Forecast by Type
5.2.1 Natural Fine Sea Salt
5.2.2 Natural Coarse Sea Salt
5.2.3 Malborough Flaky Sea Salt
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Sea Salt 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 Sea Salt Market Size Forecast by Applications
6.2.1 Food Use
6.2.2 Cosmetic Use
6.2.3 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Sea 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 Sea 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 Sea Salt Analysis and Forecast
9.1 Introduction
9.2 North America Sea Salt 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 Sea Salt Market Size Forecast by Type
9.6.1 Natural Fine Sea Salt
9.6.2 Natural Coarse Sea Salt
9.6.3 Malborough Flaky Sea 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 Sea Salt Market Size Forecast by Applications
9.10.1 Food Use
9.10.2 Cosmetic Use
9.10.3 Other
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 Sea Salt Analysis and Forecast
10.1 Introduction
10.2 Europe Sea Salt 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 Sea Salt Market Size Forecast by Type
10.6.1 Natural Fine Sea Salt
10.6.2 Natural Coarse Sea Salt
10.6.3 Malborough Flaky Sea 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 Sea Salt Market Size Forecast by Applications
10.10.1 Food Use
10.10.2 Cosmetic Use
10.10.3 Other
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 Sea Salt Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Sea Salt 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 Sea Salt Market Size Forecast by Type
11.6.1 Natural Fine Sea Salt
11.6.2 Natural Coarse Sea Salt
11.6.3 Malborough Flaky Sea 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 Sea Salt Market Size Forecast by Applications
11.10.1 Food Use
11.10.2 Cosmetic Use
11.10.3 Other
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 Sea Salt Analysis and Forecast
12.1 Introduction
12.2 Latin America Sea Salt 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 Sea Salt Market Size Forecast by Type
12.6.1 Natural Fine Sea Salt
12.6.2 Natural Coarse Sea Salt
12.6.3 Malborough Flaky Sea 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 Sea Salt Market Size Forecast by Applications
12.10.1 Food Use
12.10.2 Cosmetic Use
12.10.3 Other
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) Sea Salt Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Sea Salt 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) Sea Salt Market Size Forecast by Type
13.6.1 Natural Fine Sea Salt
13.6.2 Natural Coarse Sea Salt
13.6.3 Malborough Flaky Sea 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) Sea Salt Market Size Forecast by Applications
13.10.1 Food Use
13.10.2 Cosmetic Use
13.10.3 Other
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 Sea Salt Market: Competitive Dashboard
14.2 Global Sea Salt Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Piranske Soline
14.3.2 Khoisan Sea Salt
14.3.3 NOSTIMO
14.3.4 Selina Naturally
14.3.5 Maine Sea Salt Company
14.3.6 SaltWorks
14.3.7 Dominion Salt
