Salt is a crystalline inorganic mineral formed by the combination of two elements, namely, sodium and chlorine. Gourmet salts are unrefined and high-quality salts used in exotic cuisines to enhance taste, flavor, texture and appeal of food.
New York, NY -- (SBWIRE) -- 01/07/2016 -- Gourmet salts are high-quality, unrefined salts utilized for enhancing the taste and/or texture of food. They are naturally harvested and left untreated in their natural forms and thus have no additives and low sodium content. Gourmet salts have a higher mineral content and better solubility and are used with other types of spices, flavors, and herbs for enhancing the color and flavor of food. These salts are also utilized for preserving canned food items for storing food products for longer periods of time.
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Rising Health Consciousness amongst Consumers to Propel Gourmet Salts Market
The gourmet salts market is majorly fuelled by a number of factors, such as the rising adoption of natural ingredients within food products and the increasing penetration of gourmet cuisines within households. In addition, factors such as the rising health consciousness amongst people and the increasing number of product innovations are also stimulating the demand for gourmet salts.
On the other hand, the limited rate of adoption and low product availability of gourmet salts are amongst the prime factors that may impede the growth of the gourmet salts market in the coming years. By type, the market is segmented into flake salts, coarse salts, fleur de sel, Indian pink salt, sel gris, smoked salts, Italian salts, and others. Amongst these, the segment of fleur de sel is predicted to represent 20.0% of the gourmet salts market in 2015. In terms of value and volume, this segment is anticipated to rise at a CAGR of 7.50% and 7.30%, respectively, between 2015 and 2025. On the other hand, the segment of coarse salts is predicted to represent 18.7% of the market and will expand at a 6.80% and 7.70% CAGR between 2015 and 2025 on the basis of volume and value, respectively.
Meat and Poultry Application Segment to Represent 30.2% by 2015
Gourmet salts find their usage in a number of applications such as meat and poultry, bakery and confectionary products, desserts and frozen foods, sauces and savory foods, and seafood. Amongst these, the segment of meat and poultry is predicted to constitute a share of 30.2% in the market by the end of 2015. On the basis of volume and value, this segment is anticipated to expand at a CAGR of 6.90% and 7.50%, respectively, from 2015 to 2025. The segment of bakery and confectionary products will trail the segment of meat and poultry by the end of 2015.
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Western Europe Gourmet Salts Market to Constitute a Share of 32.0%
Geographically, the global gourmet salts market is segmented into Latin America, North America, Eastern Europe, Western Europe, the Middle East and Africa, Asia Pacific excluding Japan, and Japan. Amongst these, Western Europe is predicted to lead the market with a share of 32.0%. The Western Europe gourmet salts market is predicted to exhibit a 7.30% CAGR in the forecast horizon and will maintain its superiority through the forecast period.
Cargill, Incorporated, SaltWorks, Inc., Amagansett Sea Salt Co., INFOSA, Pyramid Salt Pty. Ltd. and The Marblehead Salt Co. LLC., among others, are prime players dominant in the market.
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