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Global Onion Salt Market – Industry Trends and Forecast to 2031

Food & Beverage

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Global Onion Salt Market – Industry Trends and Forecast to 2031

  • Food & Beverage
  • Upcoming Report
  • Apr 2024
  • Global
  • 350 Pages
  • No of Tables: 220
  • No of Figures: 60

Global Onion Salt Market – Industry Trends and Forecast to 2031

Market Size in USD Billion

CAGR :  % Diagram

Diagram Forecast Period 2023–2031
Diagram Market Size (Base Year) USD 706.40 USD Million
Diagram Market Size (Forecast Year) USD 1,059.68 USD Million
Diagram CAGR %

Major Markets Players

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Global Onion Salt Market, By Form (Organic and Conventional), End User (Food Service, Households, and Food Processing), Sales Channel (B2B and B2C) – Industry Trends and Forecast to 2031.

Onion Salt Market Analysis and Size

The onion salt market has been expanding rapidly. This growth is attributed to factors such as consumers increasingly seeking convenience in cooking without compromising on flavor. Onion salt offers a convenient way to add onion flavor to dishes without chopping or peeling onions. Onion salt is versatile and can be used in many dishes, including soups, salads, meats, and vegetable dishes, making it appealing to a broad consumer base.

Data Bridge Market Research analyses that the global onion salt market which was USD 706.40 million in 2023, is expected to reach USD 1,059.68 million by 2031, growing at a CAGR of 5.2% during the forecast period of 2024 to 2031. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.

Report Scope and Market Segmentation

Report Metric

Details

Forecast Period

2024 to 2031

Base Year

2023

Historic Years

2022 (Customizable to 2016-2021)

Quantitative Units

Revenue in USD Million, Volumes in Units, Pricing in USD

Segments Covered

Form (Organic and Conventional), End User (Food Service, Households, and Food Processing), Sales Channel (B2B and B2C)

Countries Covered

U.S., Canada, Mexico, Germany, France, Spain, Turkey, U.K., Netherlands, Russia, Switzerland, Belgium, Hungary, Italy, Rest of Europe, China, India, Japan, Australia, South Korea, Malaysia, Singapore, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Brazil, Argentina, Rest of South America, South Africa, Egypt, Saudi Arabia, UAE, Israel, and Rest of Middle East and Africa

Market Players Covered

B&G Foods, Inc. (U.S.), Urban Platter (India), Monterey Bay Herb Company (U.S.), Trader Joe’s (U.S.), Leighty's Farm Market, Inc. (U.S.), Badia Spices, Inc. (U.S.), Hoyts Food Manufacturing Industries Pty Ltd (Australia), The Kroger Co. (U.S.), AUM Fresh (India), McCormick & Company, Inc. (U.S.), Redmond Life (U.S.), Starlight Herb & Spice Co. (Australia), Woodland Foods (U.S.), and G-Fresh (Australia)

Market Opportunities

  • Product Diversification

Market Definition

Onion salt is a seasoning blend that combines granulated dried onions with salt. It offers a convenient way to add onion flavor and saltiness to dishes without needing fresh onions or separate salt seasoning. Onion salt is commonly used in various cuisines to enhance the taste of soups, stews, salads, meats, and other savory dishes. It can be found in the spice aisle of most grocery stores or easily made at home by mixing granulated onion powder with salt in the desired proportions.

Onion Salt Market Dynamics

Drivers

  • Increasing Demand for Flavorful Foods

As consumers are evolving and inclining towards more diverse and flavorful dishes, people are exploring international cuisines and adopting and experimenting different flavors and ingredients in their cooking. However, not everyone has the time or expertise to prepare complex meals from scratch. This is where seasoning blends like onion salt come into play. They offer a convenient way to add depth and complexity to dishes without requiring extensive culinary skills or a long list of ingredients. Onion salt, combined with onion flavor and saltiness, serves as a versatile seasoning that can enhance the taste of various dishes, from soups and stews to meats and vegetables. In addition, onion salt allows for consistency in flavor, ensuring that home cooks can achieve a delicious outcome every time they use it. Whether someone is a novice in the kitchen or a seasoned chef, onion salt provides a quick and easy solution for elevating the taste of meals, making it a staple in many households.

  • Growth in the Food Industry

The food industry is constantly evolving to meet consumers' changing demands and preferences. With busy lifestyles and a desire for convenience, there's a growing reliance on packaged and processed foods. Food manufacturers are always looking for ways to enhance the flavor profiles of their products and differentiate themselves in the market. Seasoning blends like onion salt play a crucial role in this regard. They offer a cost-effective way for food manufacturers to add flavor to their products without expensive or time-consuming ingredients. By incorporating onion salt into their recipes, manufacturers can create products that appeal to consumers' taste preferences and stand out on grocery store shelves. Moreover, onion salt helps maintain consistency in flavor across batches of packaged foods, ensuring that consumers have a positive and reliable experience with the product every time they purchase it. Whether it is a ready-to-eat meal, snack, or condiment, onion salt can be found in a wide range of packaged and processed foods, contributing to its widespread use and popularity in the food industry.

Opportunities

  • Diversified product range of onion salt

With the growing demand for organic products driven by health and environmental concerns, offering an organic variant of onion salt can cater to consumers seeking natural and sustainable options. Organic certification assures consumers that the product is free from synthetic pesticides, herbicides, and genetically modified organisms (GMOs), appealing to those prioritizing organic ingredients in their cooking. As consumers become more conscious of their sodium intake due to health concerns such as hypertension and heart disease, there is a market opportunity for low-sodium onion salt products. Companies can provide a healthier alternative for consumers watching their salt intake by reducing the sodium content while maintaining flavor. Low-sodium onion salt can attract health-conscious consumers looking to maintain a balanced diet without compromising on taste. Offering onion salt blends infused with additional herbs and spices allows companies to create unique flavor profiles tailored to specific culinary preferences. For instance, blends incorporating garlic, parsley, thyme, or chili pepper can add complexity and depth to dishes, appealing to consumers seeking variety and excitement in their cooking. Companies can differentiate their products by experimenting with different flavor combinations and capture niche markets of adventurous cooks and food enthusiasts.

  • Growing Health-Conscious Offerings

Developing onion salt products with reduced sodium content addresses the growing demand for healthier seasoning options. Using techniques such as salt reduction technologies, companies can reduce sodium content without compromising flavor. Highlighting the reduced sodium content on packaging and marketing materials can attract health-conscious consumers seeking to minimize their sodium intake without sacrificing taste. Incorporating alternative salts such as sea salt or Himalayan pink salt provides an opportunity to offer healthier seasoning options with unique flavor profiles. These alternative salts often contain trace minerals and have a milder taste than traditional table salt, appealing to consumers looking for natural and minimally processed ingredients. Positioning onion salt products made with alternative salts as premium or gourmet options can justify a higher price point and appeal to discerning consumers seeking elevated culinary experiences.

Restraints/Challenge

  • Competitive pressure from alternative options

There is competition from alternative seasoning options and substitutes. Consumers have various seasoning choices available, including fresh onions, garlic powder, onion powder, and various herb blends. Companies in the onion salt market must compete with these substitutes, which may offer similar flavor profiles or perceived health benefits. Effectively differentiating onion salt from competing products and highlighting its unique advantages is crucial for maintaining market share.

This onion salt market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the Onion Salt market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth

Impact and Current Market Scenario of Raw Material Shortage and Shipping Delays

Data Bridge Market Research offers a high-level analysis of the market and delivers information by keeping in account the impact and current market environment of raw material shortage and shipping delays. This translates into assessing strategic possibilities, creating effective action plans, and assisting businesses in making important decisions. Apart from the standard report, we also offer in-depth analysis of the procurement level from forecasted shipping delays, distributor mapping by region, commodity analysis, production analysis, price mapping trends, sourcing, category performance analysis, supply chain risk management solutions, advanced benchmarking, and other services for procurement and strategic support.

Expected Impact of Economic Slowdown on the Pricing and Availability of Products

When economic activity slows, industries begin to suffer. The forecasted effects of the economic downturn on the pricing and accessibility of the products are taken into account in the market insight reports and intelligence services provided by DBMR. With this, our clients can typically keep one step ahead of their competitors, project their sales and revenue, and estimate their profit and loss expenditures.

Recent Development

  • In April 2022, a powerful plant-based yogurt base was introduced by MISTA, a San Francisco-based development system, as its initial member-created item. Customers can grab the plant-based yogurt base in the United States, Europe, and certain locations in Latin America
  • In November 2021, Plant Veda, a renowned producer of dairy alternatives, confirmed the launch of "Plant Gurt," a new plant-based yogurt that includes millions of active probiotics and can be mixed with smoothies or morning cereals

Onion Salt Market Scope

The onion salt market is segmented into three notable segments which is based on form, end user, and sales channel. The growth among segments helps you analyse niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.

Form

  • Organic
  • Conventional

End User

  • Food Service
  • Households
  • Food Processing

Sales Channel

  • B2B
  • B2C

Onion Salt Market Regional Analysis/Insights

The onion salt market is analysed and market size information is provided by form, end user, and sales channel as referenced above.

The countries covered in onion salt market report are U.S., Canada, Mexico, Germany, France, Spain, Turkey, U.K., Netherlands, Russia, Switzerland, Belgium, Hungary, Italy, Rest of Europe, China, India, Japan, Australia, South Korea, Malaysia, Singapore, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Brazil, Argentina, Rest of South America, South Africa, Egypt, Saudi Arabia, UAE, Israel, and Rest of Middle East and Africa.

Asia-Pacific is expected to dominate the global onion salt market. This is attributed to the rising popularity of convenience foods and processed products in urban areas, and there is a growing demand for seasoning blends such as onion salt.

North America is is expected to be the fastest growing region because of growing focus on health and wellness may drive demand for low-sodium or organic onion salt options in the region.

The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as new sales, replacement sales, country demographics, regulatory acts and import-export tariffs are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of sales channels are considered while providing forecast analysis of the country data.

Competitive Landscape and Onion Salt Market Share Analysis

The market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, and application dominance. The above data points provided are only related to the companies' focus related to the market.

Some of the major players operating in the onion salt market are:

  • B&G Foods, Inc. (U.S.)
  • Urban Platter (India)
  • Monterey Bay Herb Company (U.S.)
  • Trader Joe’s (U.S.)
  • Leighty's Farm Market, Inc. (U.S.)
  • Badia Spices, Inc. (U.S.)
  • Hoyts Food Manufacturing Industries Pty Ltd (Australia)
  • The Kroger Co. (U.S.)
  • AUM Fresh (India)
  • McCormick & Company, Inc. (U.S.)
  • Redmond Life (U.S.)
  • Starlight Herb & Spice Co. (Australia)
  • Woodland Foods (U.S.)
  • G-Fresh (Australia)


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Research Methodology:

Data collection and base year analysis are done using data collection modules with large sample sizes. The stage includes obtaining market information or related data through various sources and strategies. It includes examining and planning all the data acquired from the past in advance. It likewise envelops the examination of information inconsistencies seen across different information sources. The market data is analysed and estimated 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 drop down your inquiry.

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FREQUENTLY ASK QUESTIONS

The onion salt market size will be worth USD 1,059.68 million by 2031.
The growth rate of the onion salt market is 5.2%.
Increasing Demand for Flavorful Foods & Growth in the Food Industry are the growth drivers of the onion salt market.
Form, end user, and sales channel are the factors on which the onion salt market research is based.
Major companies in the onion salt market are B&G Foods, Inc. (U.S.), Urban Platter (India), Monterey Bay Herb Company (U.S.), Trader Joe’s (U.S.), Leighty's Farm Market, Inc. (U.S.), Badia Spices, Inc. (U.S.), Hoyts Food Manufacturing Industries Pty Ltd (Australia), The Kroger Co. (U.S.), AUM Fresh (India), McCormick & Company, Inc. (U.S.), Redmond Life (U.S.), Starlight Herb & Spice Co. (Australia), Woodland Foods (U.S.), and G-Fresh (Australia).
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