U.S. Gourmet Salt Market, By Type (Flake Salts, Specialty Salts, Himalayan Salts, Fleur De Sel, Sel Gris or Grey Salts and Others), Product Type (Original and Blended), Form (Flakes, Crystal and Pallet), Packaging (DoyPack, Jar, Sachet, Can, Box and Others), End- User (Domestic/Household, Food Service Sector and Others), Distribution Channel (Store-Based Retailing and Online Retail) Industry Trends and Forecast to 2028
Market Analysis and Insights: U.S. Gourmet Salt Market
The gourmet salt market is expected to gain market growth in the forecast period of 2021 to 2028. Data Bridge Market Research analyses that the market is growing with a CAGR of 5.8% in the forecast period of 2021 to 2028 and is expected to reach USD 517.71 million by 2028. Increasing demand and market for gourmet food is driving the growth of the U.S. gourmet salt market.
Gourmet salt is naturally extracted, unprocessed salts that consist of different texture and flavor than normal table salt. Gourmet salts are majorly available in flake, coarse and crystal form and often do not consist of any alternatives. These salt consist of variety of minerals as they are not refined which enhances their flavor and texture.
Increasing product launches of gourmet salt is driving the growth of the U.S. gourmet salt market. High cost of gourmet salt in comparison to other salts is restraining the growth of the U.S. gourmet salt market. Various launches in the market that include gourmet salts as ingredients are creating opportunities for the U.S. gourmet salt market. Fluctuating weather conditions that affect the production and extraction of raw material can be the challenge for the U.S. gourmet salt market.
This gourmet salt market report provides details of market share, new developments, and product pipeline analysis, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, product approvals, strategic decisions, product launches, geographical expansions, and technological innovations in the market. To understand the analysis and the gourmet salt market scenario contact Data Bridge Market Research for an Analyst Brief, our team will help you create a revenue impact solution to achieve your desired goal.
Gourmet Salt Market Scope and Market Size
The gourmet salt market is segmented on the basis of the type, product type, form, packaging, end user and distribution 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.
- On the basis of type, the gourmet salt market is segmented into flake salts, specialty salts, himalayan salts, fleur de sel, sel gris or grey salts and others. In 2021, specialty salts segment is dominating the market due to easy availability and various applications of specialty salts throughout the food and beverages industry.
- On the basis of product type, the gourmet salt market is segmented into original and blended. In 2021, original segment is dominating the market due to growing demand and product launches of original gourmet salts in the market.
- On the basis of form, the gourmet salt market is segmented into flakes, crystal and pallets. In 2021, flakes segment is dominating the market as majority of gourmet salt products are available in this form.
- On the basis of packaging, the gourmet salt market is segmented into doypack, jar, sachet, can, box and others. In 2021, doypack segment is dominating the market as majority of manufacturers provide gourmet salt products only in this type of packaging due to their air-tight nature.
- On the basis of end user, the gourmet salt market is segmented into domestic/household, food service sector and others. In 2021, domestic/household segment is dominating the market due to growing awareness of consumers for various health and culinary benefits of gourmet salt.
- On the basis of distribution channel, the gourmet salt market is segmented into store-based retailing and online retail. In 2021, store-based retailing segment is dominating the market for their vast spread network and their easy availability in every corner of the country.
Rising Demand of Gourmet Salt in Food and Beverages Industry
The U.S. gourmet salt market also provides you with detailed market analysis for every country growth in industry with sales, components sales, impact of technological development in gourmet salt and changes in regulatory scenarios with their support for the gourmet salt market. The data is available for historic period 2011 to 2019.
Competitive Landscape and the U.S. Gourmet Salt Market Share Analysis
The U.S. gourmet salt 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, U.S. presence, production sites and facilities, company strengths and weaknesses, product launch, product trials pipelines, product approvals, patents, product width and breadth, application dominance, technology lifeline curve. The above data points provided are only related to the companies’ focus related to the gourmet salt market.
The major players operating in the U.S. gourmet salt market report are Morton Salt, Inc., Salty Wahine, Golden Grove Global LLC, Amagansett Sea Salt Co., Maldon Crystal Salt Company, Alaska Pure Sea Salt Company, Selina Naturally, Maine Sea Salt Company, Hawaii Kai, The Meadow, Alaska Salt Co., Cargill, Incorporated, Saltworks, San Francisco Salt Co, The Marblehead Salt Co. LLC, B&G Foods, Inc. among other domestic players. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
Many expansions are also initiated by the companies worldwide which are also accelerating the growth of the U.S. gourmet salt market.
For instance,
- In October 2020, Morton Salt, Inc. has collaborated with Chase Design Group to unveil new packaging for its products and to develop premium visual designs. This new packaging has also labelled how to recycle to educate the consumers. This launch of new packaging will help Morton Salt, Inc. to boost the sales by attracting consumers.
Partnership, new product development and other strategies enhances the company market share with increased coverage and presence. It also provides the benefit for organisation to improve their offering for gourmet salt.
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