Global Food Grade And Animal Feed Grade Salt Market is expected to grow with the CAGR of 3.2% in the forecast period of 2021 to 2028. The years considered for study are as mentioned below.
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Global 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 global 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 global food grade and animal feed grade salt market. The other key players existing in the market includes 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, 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. The company has wide global presence across the globe such as Europe, North America, South America, Asia-Pacific, Middle East and Africa.
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
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. 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).
For instance,
- 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
Ciech S.A.
Ciech S.A. is headquartered in Warsaw, Poland, which was founded in 1945. The company focused on producing wide range of world-class chemical products. The company offers Soda, Salt, Agro, Glass and Silicate, Resins and Materials. It’s business segments Soda Segment, Agro Segment, Resins Segment, Foams Segment, Silicates Segment, Packaging Segment, Others. The company has presence in Europe, Asia-Pacific, and Africa. It also generates revenue from its various subsidiaries such as CIECH Soda Romania S.A. (Romania), CIECH Slatz Deutschland GmbH (Germany), CIECH Service sp. Z.o.o (Poland).
For instance,
- In April 2021, Ciech S.A.’s construction phase of new salt plant in Stassfurt, Germany has reached the end. This modern plant was built in a year and has a capacity to produce 450 tonnes of evaporated salt per annum. The company stated that the production process of salt will begin at the second quarter of the year 2021. This expansion will promote the products across the Europe region. The company has global presence in, North America
