Market Overview:
The global smoked salt market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for smoked salt in bakery & confectionary, meat & poultry, sea food, sauces & savories and other applications. In terms of type, the flakey salt segment is expected to lead the global smoked salt market during the forecast period due to its high demand in bakery & confectionary applications. However, Himalayan salt is projected to grow at a highest CAGR owing to its unique flavor and health benefits over other types of smoked salts. Geographically, North America dominates the global smoked salt market followed by Europe and Asia Pacific respectively.
Product Definition:
Smoked salt is a type of salt that has been smoked over a fire. It has a smoky flavor and can be used to add flavor to food.
Flakey Salt:
Flakey salt is a type of sea salt that has been harvested from the ocean at the peak of its formation. It contains higher levels of magnesium and calcium than other salts, which makes it larger in size and flakier.
Himalayan Salt:
Himalayan salt is a pure form of sea salt. It has more than 90 trace minerals and over 30 essential nutrients. The main difference between this product and other regular salts is that Himalayan Salt contains many vital electrolytes, such as potassium, sodium, magnesium & calcium among others along with it being rich in iron & magnesium.
Application Insights:
Bakery & confectionery was the largest application segment in 2015, accounting for over 50% of the global market. The product is widely used in making bread and other bakery products as it enhances their taste by removing bitter tastes and enhancing sweet ones. It also helps maintain food quality, texture, color and prevent mold growth.
The sea food segment is expected to grow at a CAGR of XX% from 2016 to 2030 owing to its usage as smoking salt for fish, shrimp and other seafood products. The Others application category includes beverages such as whiskey or rum that require smoked flavorings before they are consumed with alcoholic drinks.
Regional Analysis:
Europe was the largest regional market in 2017 owing to high consumption of smoked salt in countries, such as U.K., Germany, and Spain. Asia Pacific is expected to be the fastest-growing region over the forecast period due to increasing demand for flavored and specialty salts from emerging economies including China and India. In addition, growing popularity of these products among consumers looking for alternatives that are healthy but still offer flavor is expected drive growth over next eight years.
North America also has a significant share in terms of consumption as many people prefer smoking instead of using regular table salt which causes health issues when consumed regularly. However, slow growth rate observed in this region can be attributed to strict regulations regarding labeling requirements by government agencies like Food & Drug Administration (FDA) and United States Pharmacopeia Convention (USP). These labeling requirements make it difficult for manufacturers not only domestically but also internationally since most foreign suppliers do not have facilities within U.
Growth Factors:
- Increasing demand for smoked salt in food industry as a flavor enhancer and preservative.
- Rising awareness about the health benefits of smoked salt among consumers.
- Growing popularity of processed and packaged foods that use smoked salt as a flavor enhancer.
- Increasing demand for gourmet food products that use smoked salt as a key ingredient.
- Emergence of new applications for smoked salt in the food industry such as meat curing, cheese making, etc
Scope Of The Report
Report Attributes
Report Details
Report Title
Smoked Salt Market Research Report
By Type
Flakey Salt, Himalayan Salt, Speciality Salt, Others
By Application
Bakery & Confectionary, Meat & Poultry, Sea Food, Sauces & Savories, Others
By Companies
Tassal Group, The union Group PCL, Gourmet Nut, The Original Smoke & Spice Company, SaltWorks, Steel City Salt Company, Pukara Estate
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
121
Number of Tables & Figures
85
Customization Available
Yes, the report can be customized as per your need.
Global Smoked Salt Market Report Segments:
The global Smoked Salt market is segmented on the basis of:
Types
Flakey Salt, Himalayan Salt, Speciality Salt, Others
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
Bakery & Confectionary, Meat & Poultry, Sea Food, Sauces & Savories, Others
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:
- Tassal Group
- The union Group PCL
- Gourmet Nut
- The Original Smoke & Spice Company
- SaltWorks
- Steel City Salt Company
- Pukara Estate
Highlights of The Smoked 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:
- Flakey Salt
- Himalayan Salt
- Speciality Salt
- Others
- By Application:
- Bakery & Confectionary
- Meat & Poultry
- Sea Food
- Sauces & Savories
- Others
- 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 Smoked 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
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- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
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- 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?
Smoked salt is a type of salt that has been smoked over an open flame. The smoke from the burning wood gives the salt its characteristic flavor and aroma.
Some of the major companies in the smoked salt market are Tassal Group, The union Group PCL, Gourmet Nut, The Original Smoke & Spice Company, SaltWorks, Steel City Salt Company, Pukara Estate.
The smoked 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 Smoked 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 Smoked Salt Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Smoked 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 Smoked 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 Smoked Salt Market Size & Forecast, 2020-2028
4.5.1 Smoked Salt Market Size and Y-o-Y Growth
4.5.2 Smoked 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 Flakey Salt
5.2.2 Himalayan Salt
5.2.3 Speciality Salt
5.2.4 Others
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 Bakery & Confectionary
6.2.2 Meat & Poultry
6.2.3 Sea Food
6.2.4 Sauces & Savories
6.2.5 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Smoked 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 Smoked 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 Flakey Salt
9.6.2 Himalayan Salt
9.6.3 Speciality Salt
9.6.4 Others
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 Bakery & Confectionary
9.10.2 Meat & Poultry
9.10.3 Sea Food
9.10.4 Sauces & Savories
9.10.5 Others
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 Flakey Salt
10.6.2 Himalayan Salt
10.6.3 Speciality Salt
10.6.4 Others
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 Bakery & Confectionary
10.10.2 Meat & Poultry
10.10.3 Sea Food
10.10.4 Sauces & Savories
10.10.5 Others
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 Flakey Salt
11.6.2 Himalayan Salt
11.6.3 Speciality Salt
11.6.4 Others
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 Bakery & Confectionary
11.10.2 Meat & Poultry
11.10.3 Sea Food
11.10.4 Sauces & Savories
11.10.5 Others
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 Flakey Salt
12.6.2 Himalayan Salt
12.6.3 Speciality Salt
12.6.4 Others
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 Bakery & Confectionary
12.10.2 Meat & Poultry
12.10.3 Sea Food
12.10.4 Sauces & Savories
12.10.5 Others
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 Flakey Salt
13.6.2 Himalayan Salt
13.6.3 Speciality Salt
13.6.4 Others
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 Bakery & Confectionary
13.10.2 Meat & Poultry
13.10.3 Sea Food
13.10.4 Sauces & Savories
13.10.5 Others
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 Smoked Salt Market: Competitive Dashboard
14.2 Global Smoked Salt Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Tassal Group
14.3.2 The union Group PCL
14.3.3 Gourmet Nut
14.3.4 The Original Smoke & Spice Company
14.3.5 SaltWorks
14.3.6 Steel City Salt Company
14.3.7 Pukara Estate
