Overview:
Flavored
salts contains various flavors such as butter, garlic, onion, and
others that helps in enhancing the flavor of various food products
globally. Flavored salts are used for enhancing texture and flavors
to food and beverage products. In addition, flavored salts possess
better solubility along with high mineral content. Flavored salts are
also blended with other types of herbs and spices in order to enhance
the color and appearance of a variety of food products. Flavored
salts are also used for preserving canned food products in order to
preserve the food products for long duration. Flavored salts provides
better flavor to the regular food. Flavored salts are mainly used in
the preparations of cuisines which helps in providing various flavors
to the food along with changing the appearance of the food. Many
flavored salt manufacturers are using various blends of flavored
salts in packaged food products along with providing great taste and
texture to the food products.
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Global
Flavored Salt: Market Segmentation
The
global flavored salt market is segmented on the basis of product
type, distribution channel, application, and region. The global
flavored salt market is segmented on the basis of product type such
as garlic, butter, onion, smoked, truffle, celery, and others. The
global flavored salt market is segmented on the basis of distribution
channel such as retailers, supermarket, grocery stores, and others.
The global flavored salt market is segmented on the basis of
application such as savory products, bakery, confectionary, poultry
products, seafood products, and others. Hence, the global flavored
salt market is expected to significantly increase the revenue
contribution over the forecast period.
Global
Flavored Salt Market: Regional Outlook
Geographically,
the global flavored salt industry can be divided by major regions
which include North America, Latin America, Western Europe, Eastern
Europe, Asia Pacific, Japan and Middle East and Africa. Globally,
among all regions, North America has developed as the dominant region
in global flavored salt market followed by Europe and Asia Pacific.
Increasing usage of flavored salts in various food products along
with resulting in high fast food consumption, has strengthened the
growth of global flavored salt market and hence is projected to
significantly expand the revenue contribution of the market over the
forecast period.
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Global
Flavored Salt Market: Growth Drivers
The
global flavored salt market driving factors are rising living of
standard of the consumers along with increasing commercialization of
food industry and awareness regarding the benefits of flavored salts
in the food. The flavored salts market is influenced directly by the
trends in the food industry, particularly the fast food and meat
industries. The market is considered a recession-proof market as
consumers can use flavored salts for home cooking as well.
Globalization and high influence of westernization in the emerging
countries are fueling demand for foreign cuisines such as Italian and
French food, which calls for specialized flavors and seasonings.
There is also a growing opportunity in the market for organic
flavored salts made from all natural ingredients. Companies operating
in flavored salts market primarily adopting new product strategy in
order to increase their product portfolio along with expansion in
other emerging markets. Hence, the global flavored salt market is
expected to observe robust growth over the forecast period.
Global
Flavored Salt Market: Key Players
Some
of the key players identified across the value chain of the global
flavored salt market include SaltWorks, Vancouver Island Salt Co.,
Cornish Sea Salt, Morton Salt, Inc., Tata Sons Ltd., Cerebos, K+S
Windsor Salt Ltd., El Nasr Salines Co., and others. The companies are
expected to expand their business by enhancing their product
portfolio in global flavored salt market. The companies are projected
to frame certain strategies in future in order to gain the
competitive advantage in global flavored salt market till 2025.
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