Pink Himalayan Salt Market size was valued at US$ 11.07 Bn. in 2021 and the total revenue is expected to grow at 4.2% through 2021 to 2029, reaching nearly US$ 15.39 Bn.
Pink Himalayan Salt Market Overview:
The Pink Himalayan Salt Market Research Report includes a comprehensive analysis of strategy, micro and macro market trends and scenarios, price analysis, and short-term market conditions, as well as a close examination of significant competitors. The primary and secondary market drivers, market share, important market categories, and regional market analysis are all covered in this report. The Maximize Market Research, an Pink Himalayan Salt market research firm, has served more than 600 clients across the world since 2017.
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Market Scope
In the Pink Himalayan Salt market report, the forecast period is considered from 2021 to 2029, and 2021 is a based year. 2020 market size in terms of value and volume is estimated on real numbers and outputs of the prominent players across the globe. The year 2020 is an exception and is analysed specifically with the impact of the region.
The qualitative and quantitative data in the Pink Himalayan Salt market report assist decision-makers in determining which market segments, regions, and variables driving the market are likely to develop at higher rates, as well as major opportunity areas.
Segmentation:
By Application, the market is segmented into food & beverages, salt lamps, bath salts, gourmet salts, and others. The food & beverages segment is expected to lead the market during the forecast period. Pink Himalayan salt is widely used in the food & beverage sector as it offers a specific taste and texture to the food. Also, it is used for seasoning, cooking, and preserving foods. Pink Himalayan salt has gaining popularity among health food promoters thanks to the presence of trace minerals which are beneficial in creating electrolytic balance, increase hydration, and prevent goiter and iodine deficiency. As per the Food and Drug Regulations (FDR) guidelines, the application of salt does not have more than 0.01% of potassium iodine. Additionally, WHO also states that the saline intake limit is to be reduced by around 30% during the forecast period. Pink salt has a saltier flavor than table salt results in a person use less salt in serving to achieve the same taste.
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Key Players:
• McCormick & Company Inc.
• K+S AG
• BJ's Wholesale Club Holdings Inc.
• Frontier Co-Op
• Kainos Capital (Olde Thompson LLP)
• Premier Foods plc.
• HSK Ward Proprietary Limited (McKenzies Foods)
• Natierra Superfoods
• Evolution Salt Co.
• Himalayan Salt Company
• Kutch Brine Chem Industries
• Mineral Salt
• Naturo Healthplus
• NutroActive Industries Pvt. Ltd
• Saltan Ltd.
• SaltArt
• SaltWorks
• SAN FRANCISCO SALT CO.
• Others
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The report looks at the most recent notable breakthroughs in the Pink Himalayan Salt market, as well as the major producers and inventors.
Vendors can examine the competitive landscape from the perspectives of market, application, and geography, as well as determine whether current capabilities and future growth prospects are appropriate, using the Competition Strategy window.
Pink Himalayan Salt Market Regional Analysis
The global level report for Pink Himalayan Salt market provides the detailed region wise share distribution along with the demand growth factors in that particular region. Pink Himalayan Salt Region dominated the Pink Himalayan Salt Market in 2021 and is expected to witness significant growth during the forecast period investigations. The region portion of the research also provides key market influencing aspects and changes in market regulation that impact the market’s current and future trends.
Key Questions answered in the Pink Himalayan Salt Market Report are:
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Mar 10, 2023