Global Food Grade and Animal Feed Grade Salt Market is forecast to grow with significant CAGR due to increasing demand for food grade salt in food & beverage industry, the growth of salt is increasing in the market. Similarly, the increased usage of salt in animal feed is also boosting the growth in the market.
However, certain government initiatives and policies for salt reduction are hampering the growth of food grade salt in the market.
Food grade and animal feed grade salt market has shown an exceptional penetration in regions such as Asia-Pacific and North America. Various launches in the food grade salt market is creating opportunity for food grade and animal feed grade salt market.
Food Grade and Animal Feed Grade Salt Market Scenario
According to Data Bridge Market Research, the market for food grade and animal feed grade salt in Asia-Pacific region has the highest market share followed by North America and Europe. Market leader is K+S Aktiengesellschaft which accounts an estimated market share of approximately 7% to 10% worldwide. The market is witnessing continuous product launch, partnership and other strategies in the market.
For instance,
- In March 2018, K+S Aktiengesellschaft decided to develop a new off-shore brine field by drilling a new cavern at its Dutch production plant, Frisia Zout B.V. in Harlingen. The new brine field has been located near the port entrance of Harlingen and the brining production has expanded up to 1.2 million tons per year. In addition, the company developed a new off-shore brine field deep below the Wadden sea close to the plant in Netherlands. Thus, the expansion of plant increased the production and impelled the company share in the market..
Trends Impacting the Market
Now the question is which other regions K+S Aktiengesellschaft, Cargill, Incorporated and Ciech S.A. are targeting? Data Bridge Market Research has estimated a large growth in Asia-Pacific food grade and animal feed grade salt market and the market leaders targeting China, Japan and South Korea to be their next revenue pockets for 2021.
The food grade and animal feed grade salt market is becoming more competitive every year with companies such as K+S Aktiengesellschaft, Cargill, Incorporated and Ciech S.A. as they are the market leaders for food grade and animal feed grade salt. Data Bridge Market Research new reports highlight the major growth factors and opportunities in the food grade and animal feed grade salt market.
For more analysis on the food grade and animal feed grade salt market request for a briefing with our analysts https://www.databridgemarketresearch.com/speak-to-analyst/?dbmr=global-food-grade-and-animal-feed-grade-salt-market
Food Grade and Animal Feed Grade Salt Market Development
- In November 2019, Windsor salt introduced Himalayan Pink Salt which is sourced from the Himalayan mountain. This salt is available in fine and coarse grain sizes that aid to enhance the flavour in the food products.
Scope of the Food Grade and Animal Feed Grade Salt Market
Global food grade and animal feed grade salt market is segmented on the basis of countries into the U.S., Canada and Mexico, Germany, U.K., France, Switzerland, Italy, Spain, Netherlands, Russia, Belgium, Turkey, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Brazil, Argentina, and Rest of South America, South Africa, UAE, Saudi Arabia, kuwait and Rest of Middle East & Africa.
- All country based analysis of food grade and animal feed grade salt market is further analyzed based on further segmentation. On the basis of product type, the food grade and animal feed grade salt market is segmented into rock, sea salt, brine, vacuum and others. On the basis of purity, the food grade and animal feed grade salt market is segmented into purity 98%- 99.5% and purity above 99.5%. On the basis of production processes, the food grade and animal feed grade salt market is segmented into evaporation method, mining method and others. On the basis of distribution channel, the food grade and animal feed grade salt market is segmented into direct and indirect. On the basis of end user, the food grade and animal feed grade salt market is segmented into food & beverages industry and food service sector. On the basis of application, the food grade and animal feed grade salt market is segmented into food products, sports nutrition, beverages and animal feed.
To know more about the study https://www.databridgemarketresearch.com/reports/global-food-grade-and-animal-feed-grade-salt-market
Key Pointers Covered in Food Grade and Animal Feed Grade Salt Market Industry Trends and Forecast to 2028
- Market Size
- Market Standards and Changes
- Market Trials in Different Regions
- Market Requirements in Different Regions
- Market Shares in Different Regions
- Recent Developments for Market Competitors
- Recent Market Value for Different regions
- Sales Data for Market Competitors
- Market Key Vendors and Disruptors Study
Key Market Competitors Covered in the Report
- Cargill, Incorporated
- United Salt Corporation
- SaltWorks
- Morton Salt, Inc.
- The Cope Company Salt
- SAN FRANCISCO SALT CO
- ZOUTMAN NV
- Salinen Austria Aktiengesellschaft
- WA Salt Group
- Cimsal Indústria Salineira
- Cheetham Salt
- British Salt
- Mozyrsalt
- JSC
- Sifto Canada
- Midwest Salt
- Windsor Salt Ltd.
- ROCK
- Ahir Salt Industries
- Donald Brown Group
- Ciech S.A.
- K+S Aktiengesellschaft
Above are the key players covered in the report, to know about more and exhaustive list of Food Grade and Animal Feed Grade Salt companies’, contact us https://www.databridgemarketresearch.com/reports/global-food-grade-and-animal-feed-grade-salt-market
Research Methodology: Food Grade and Animal Feed Grade Salt Market
Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analysed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please request an analyst call or can drop down your enquiry.
The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, data models include vendor positioning grid, market time line analysis, market overview and guide, company positioning grid, company market share analysis, standards of measurement, top to bottom analysis and vendor share analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
Primary Respondents
- Demand Side: Product Developers, Area Sales Managers, National Sales Managers, and Industrial Professionals among others
- Supply Side: Product Managers, Marketing Managers, C-Level Executives, Distributors, Market Intelligence, Product Manager and Regulatory Affairs Managers among others.
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