K+S Aktiengesellschaft, Cargill, Incorporated and Morton Salt, Inc. Dominated the Europe Food Grade and Animal Feed Grade Salt Market in 2020

Europe Food Grade and Animal Feed Grade Salt Market is expected to grow with the CAGR of 2.3% in the forecast period of 2021 to 2028. The years considered for study are as mentioned below.

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Europe food grade and animal feed grade salt market is a highly saturated market, with includes number of key players as well as local players. The market has witnessed increased strategic developments owing to favourable market scenario.

The major players dealing in Europe food grade and animal feed grade salt market are introducing strong range of service portfolio. This helped companies to maximize the sales with enhanced product portfolio. For instance,

• In September 2020, ZOUTMAN introduces sea salt pepper and fleur de sel product in the market. This product available in the portion sachets which helps to season the food in the food service sector. The increasing demand for portion packs encourages the company to launch new products in the market and increase the growth rate.

K+S Aktiengesellschaft is the dominating player in Europe food grade and animal feed grade salt market. The other key players existing in the market includes Cargill, Incorporated, Morton Salt, Inc., SAN FRANCISCO SALT CO, ZOUTMAN NV, Salinen Austria Aktiengesellschaft, Cimsal Indústria Salineira, Cheetham Salt, British Salt, Mozyrsalt, JSC, Sifto Canada, ROCK, Ahir Salt Industries, and Ciech S.A., among others.

K+S Aktiengesellschaft

K+S Aktiengesellschaft headquartered in Nordrhein-Westfalen, Germany which was founded in 1971. The company focused on supplying the mineral products for agricultural and industrial purpose. The company offers wide range of product categories such as Agriculture, Industry among which Industry is focused category. The company operates their business through display Agriculture, Industry.

• 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

The company has wide Europe presence across the globe such as Europe, North America, South America, Asia-Pacific, Middle East and Africa.

Cargill, Incorporated

Cargill, Incorporated headquartered in Minneapolis, U.S. was founded in year 1865. The company is engaged in processing agricultural commodities into high quality food ingredients which provides an edge in making products that satisfy consumers across the globe. The company offers wide range of product categories Agriculture, Animal Nutrition, Beauty, Bio industrial, Food & Beverage, Foodservice, Industrial, Pharmaceutical, Meat & Poultry, Transportation, Risk Management among which Food & Beverage is market focused category.

• In January, 2021, Cargill, Incorporated launched new purified sea salt flour into the market. This specialty, powder-type sea salt was created to help food manufacturers bring their products to the next level into the market

The company has presence in Europe, Middle East and Africa, Asia-Pacific, South America, North America and subsidiaries are Cargill-Taiwan Corporation (Taiwan), Cargill Grain Company Ltd.(U.S.), Cargill Korea Company, Ltd. (South Korea)

 Morton Salt, Inc.

Morton Salt, Inc. is headquartered in Illinois, U.S., which was founded in 1848. The company main focus is to provide salt in various sector such as food services, pharmaceuticals, agriculture, and culinary among others to improve lives and enhance everyday moments and to build sustainable future.  The company has product categories which are For Home, For Business in which For Home is market focused category.

• In October 2020, Morton Salt, Inc. has cooperated with Chase Design Group to unveil new packaging for its products and to improve premium visual designs. This new packaging has also labelled how to recycle to instruct the consumers. This promotion of new packaging has helped Morton Salt, Inc. to increase the sales by attracting consumers

The company has Europe presence in, North America