Global
Organic Salt Market Introduction:
Organic
salt is a certified table salt, chemically called as sodium chloride
without additives such as anti-caking agents and iodine. The global
organic salt market is expected to register significant growth rate,
attributed to increasing demand for organic food and growing food
industry. North America is expected to dominate the global organic
salt market over the forecast period, owing to the high health
awareness among consumers across the region.
Global
Organic Salt Market Segmentation:
The
global
organic salt market
is segmented on the basis of price, distribution channel, packaging,
and region. Based on price, the global organic salt market is
fragmented as premium and economic, wherein premium segment
contributes for relatively high-value share, whereas, the economic
segment is expected to have a substantial growth rate in the organic
salt market, owing to increasing demand for organic salt in the
low-end market among consumers across the globe. Based on
distribution channel, the global organic salt market segmented as
convenient stores, hypermarkets/supermarket, e-Commerce, and
individual stores. Among which, hypermarkets/supermarket segment is
expected to contribute for major revenue share whereas, e-Commerce
segment is expected to expand at a significant CAGR in the global
organic salt market, attributed to increasing adoption of e-Commerce
among consumers across the globe. Convenient stores segment is
followed by hypermarkets/supermarket in terms of revenue share in the
global organic salt market over the forecast period. Based on
packaging, the global organic salt market is fragmented as bulk
packaging and consumer packaging, wherein bulk packaging segment
contributes for relatively high-value share, whereas, consumer
packaging segment is expected to have a significant growth rate in
the organic salt market.
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Global
Organic Salt Market Regional Outlook:
Geographically,
the global organic salt market can be divided into major regions
which include North America, Latin America, Europe, Asia-Pacific, and
the Middle East & Africa. Among the regions, North America
accounts for the significant revenue share in the global organic salt
market, owing to relatively high health consciousness among consumers
across the region. Europe is followed by North America in the global
organic salt market with significant value share, owing to high
demand for organic food over the forecast period. Asia-Pacific is
expected to expand at a relatively high growth rate in the organic
salt market, attributed growing population and economy. The Middle
East and Africa is expected contribute for relatively low revenue
share in the global organic salt market whereas, the region is
expected to register significant CAGR over the forecast period.
Overall, the outlook for the global organic salt market will have a
positive growth over the forecast period.
Global
Organic Salt Market Dynamics:
The
global organic salt market growth is driven by increasing demand for
organic products and predominance of lifestyle disease. Macroeconomic
factors such as increasing per capita income, changing lifestyle,
increasing health continuousness among consumers, growing economy,
and rapid rate of urbanization driving the global organic salt
market. However, high prices of organic salt, owing high cost of
production leads to restraining the global organic salt market. Some
of the factors trending the global organic salt market include
collaboration between global and domestic organic salt market players
and high investment in the beverages industry. The company operates
in the organic salt market have a significantly high opportunity in
Asia-Pacific attributed to the significantly growing economy and
population across the regions. The organic salt market players can
enhance their market share by offering organic salt competitive
prices.
Global
Organic Salt Market Player:
Few
players in the global organic salt market include Efsina, Celtic Sea
Salt, Qinghai Salt Industry Co. Ltd., Salt of the Earth Ltd.,
SaltWorks, Inc., Dominion Salt, and Suhail International.
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