Overview
Salt
Additives are used in variety of functions to prevent clustering and
also enhance the flow properties of fine salt crystals. Moreover salt
additives are also added to fortify salt with various ingredients
such as iodine in order to prevent various deficiency diseases.
Anti-caking
agents are added in salt in order to ensure that salt is
free-flowing. Various fine crystallized that does not include
anti-caking agents such as sea salt are usually prone to clumping
problem. Moreover in order to avoid various iodine deficiency
diseases iodine is added to the various type of salt. Potassium
iodide is added at optimum levels in order to get desired results.
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The
FDA (Food and Drug Administration) necessitates food grade salt
packaging to indicate all salt additives. In U.S. food grade salt
must comply with the Food Chemicals Codex Sodium Chloride Monograph
(2008) that specifies that salt may include up to 2% of food-grade
free-flowing, or conditioning agents and anti-caking.
Global
Salt Additives Market Segmentation
Global
Salt additives market can be segmented on the basis of type,
application and region. On the basis of type salt additives market is
segmented into iodine, anticaking agents, free flowing or
conditioning agents. Among these iodine is expected to be the
dominating segment due to the high usage of potassium iodide as a dry
ingredient into the salt during the production process. Based on the
application the global salt additives market is segmented into food
grade salts, industrial chemicals, water conditioning and
agriculture. Among these industrial chemicals is expected to be the
leading segment due to the high use of salt additives in industrial
chemical application segment.
Global
Salt Additives Market: Region-wise Outlook
Global
Salt additives market is segmented on the basis of region as North
America, Latin America, Eastern Europe, Western Europe, Asia Pacific,
Japan, Middle East and Africa. Global
Salt additives market is expected to witness robust growth in
North America owing to the various salt manufacturers made both plain
and iodized salt available to end consumers at the same cost followed
by Asia Pacific owing to increasing usage of salt additives in
various application
Global
salt additives market is expected to show significant market growth
over the forecast period owing to the various health benefits of salt
additives such as iodine coupled with the various benefits associated
with its usage such as prevention of cluster formation and also used
as anticaking agents. Globally, among all regions, North America is
expected to contribute highest market share in the total salt
additives market followed by other regions. In North America, U.S. is
the most dominating country as iodine is added as potassium iodide in
the salt and is one of two sources of iodine which is permissible by
the FDA (Food and Drug Administration).However Asia Pacific is
expected to witness remarkable growth owing to the rising consumer
awareness related to the use of various salt additives in various
application such as food and agriculture
Global
Salt Additives Market: Drivers
The
Global Salt additives market is expected to witness remarkable growth
over the forecast period. Various factors that are expected to drive
the market growth of the Salt additives market over the forecast
period are the various properties associated with the application of
salt additives such as anti-caking agents are added to salt for
de-icing and also to prevent deficiency of iodine. The major
restraint is the harmful health effects caused by salt additives like
high blood pressure and the increasing consumer preferences for low
salt products.
Global
Salt Additives Market: Key Players
Major
Players operating in Salt additives market are Cargill, Incorporated,
IodiTech, William Blythe Limited, Tata Chemicals Limited, PPG
Industries, Inc. and CK Life Sciences Int'l., (Holdings) Inc,
AkzoNobel Industrial Chemicals & few other regional players.
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