Global Sea Salt Market - Forecast (2022 - 2027)

The Global Sea Salt Market size is estimated to reach $13.2 billion by 2027. Furthermore, it is poised to grow at a CAGR of 6.5% over the forecast period of 2022-2027. Salt which is produced from the evaporation of seawater is generally labelled as sea salt. The evaporation is accomplished by open-air solar evaporation or via quicker vacuum evaporation, the sites for the same are often regarded as brine pits. The following form of salts are also known as bay salt or solar salt or kosher salts. Sea salt contains an extra proportion of minerals such as calcium, chloride, or potassium sulphate, but still has around 90% or more sodium chloride. Sea salt has been gaining immense market traction from various end-user industries such as food and beverages along with cosmetics. Sea salt has demonstrated various aspects of anti-inflammatory properties making it a prime ingredient to be used in various forms of body scrubs (exfoliating agent) or as a substitute of table salts within protein bars. The beneficial aspects or the nutritional values of sea salt along with its ability as de-icing agent amongst many others has allowed the overall Global Sea Salt industry to be positioned favorably in the projected period of 2022-2027.

Global Sea Salt Market Report Coverage

The report: “Global Sea Salt Market Forecast (2022-2027)”, by Industry ARC, covers an in-depth analysis of the following segments of the Global Sea Salt Market.

By Type: Refined and Un-Refined.

By Application: Regenerating Water Agent, De-Icing Agent, Detoxifying Agent, and Anti-Oxidant Agent.  

By Packaging: Bags or Pouches, Drums and Sacks, Shakers, and Glass Jars.

By End-Use: B2B (= Food Industry, Agriculture, Cosmetics, Animal Feed, and Others) and B2C.

By Distribution Channel: Offline Stores and Online Stores.

By Geography: North America (U.S., Canada, and Mexico), Europe (Germany, UK, France, Italy, Spain, Russia, and Rest of Europe), Asia-Pacific (China, India, Japan, South Korea, Australia & New Zealand, and Rest of Asia-Pacific), South America (Brazil, Argentina, Chile, Colombia and Rest of South America) and Rest of World (the Middle East and Africa).

• Request Sample

Key Takeaways 

• Geographically, Asia-Pacific’s Sea salt market held a dominant market share in the year 2021. It is owing to a widespread consumption of the said salt form supplemented by the presence of various small and medium manufacturers easing the overall production process and facilitating easy access of such forms of salt for various purposes, such as for various manufacturing and retail purposes.
• The presence of beneficial nutrient profile as compared to table salt which facilitates in regulating types of cardiovascular worries along with its property to help in various forms of life challenges such as icing issues in heavy snow driven areas are the identified driver for the market. However, high cost compared to table salt impedes the overall market growth.
• A detailed analysis of strengths, weaknesses, opportunities, and threats will be provided in the Global Sea Salt Market Report.
  •  
  • Inquiry Before Buying
  •  

Global Sea Salt Market Segment Analysis- By End-Use

The global sea salt market based on end-use can be further segmented into B2B (Food Industry, Agriculture, Cosmetics, Animal Feed, and Others) and B2C. B2B held a dominant market share in the year 2021. B2B’s massive share is owing to its extreme usage in food industry as a functional ingredient and has been advertised as a healthy and lowly processed form of salt. As per various testimonials it can be gauged various product innovations have been under the sphere of sea salts owing to its nutritional offerings. Moreover, tablet salt and sea salt are not much different in their taste, and as per a study published by Cambridge University Press over a group of British Consumers. It revealed that consumers who belonged to the group of aware and actionable liked soups and other products made from sea salts than table salts and observed no taste differential. Furthermore, B2B segment is estimated to be the fastest-growing, with a CAGR of 7.2% over the forecast period of 2022-2027. Sea salt has provided various evidence which reveals that they can act as a great skin care product owing to its anti-inflammatory properties which proves to be beneficial for sufferers of acne, psoriasis, eczema, and others. As per America Academy of Dermatology Association, around 50 million Americans suffer from acne annually. With growing aspects of green and natural beauty, the market for sea salt is positioned favorably.

• Schedule a Call

The nutritional properties of sea salt allow it to get used for various health beneficial aspects-which has been driving the market.

Global Sea Salt Industry Outlook

Product launches, mergers and acquisitions, joint ventures, and geographical expansions are key strategies adopted by players in the market. Global Sea Salt top 10 companies include

1. Amato Food Products
2. INFOSA
3. Qinghai Salt Lake Industry
4. Morton Salt
5. Westlab Limited
6. Clearspring
7. BRITISH SALT
8. Compass Minerals UK
9. Peacock
10. INEOS Enterprises

Recent Developments

• In February 2022, GATSBY announced the launch of its game-changing line of peanut butter cups and an additional flavor to its existing chocolate bar product line -> Sea Salt Extra Dark Bar. The brand has revamped its packaging and dwells the chocolate lovers to rejoice the keto-friendly bar with only ¼ of sugar and less than ½ of calories for what is offered by the other premium chocolate bars. The product is third in life after company’s classic milk chocolate style and almond dark chocolate style.
• In February 2022, CHOCXO, a chocolate-based brand made with simple ingredients such as high in cacao and low in processed sugar have expanded its Canadian presence across retail grocery stores in Quebec. The following CHOCXO products will be available in-store at Loblaws and Satau and will feature the brand's new packaging: the Coconut, Almond, and Sea Salt Snaps, the Raspberry Quinoa Snaps, Dark Chocolate Covered Almonds, Dark Chocolate Almond Butter Cups, and CHOCXO newest Dark Chocolate Peanut Butter Cups and Coconut Almond Butter Cups. 
• In February 2022, Planting Hope expands its distribution of MOZAICS ™ Real Veggies Chips into KEHE. KEHE has been regarded as one of the largest and most reputable grocery and natural food and beverage distributor within the North American region, serving just over 30,000 retailers. Through the following cooperation, MOZAIC would be able to make its non-GMO flavored chips such as Sea Salt, BBQ, and Salsa to reach multiple store lines.