Press Releases
Kosher Salt Market to Attain US$1517.2 mn by 2024

, 18 June 2019 -- Kosher Salt Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2016 – 2024

The competitive dynamics in the global kosher salt market is increasingly consolidated, thanks to the top three players holding a sizeable share of 70.4% in the overall market in 2015, notes Transparency Market Research (TMR). These three companies are Compass Minerals International, Inc., Cargill, and K+S Aktiengesellschaft. Some of the other players are Qingdao Huifenghe Msg Co., Ltd., Redmont, Inc., and Morton Salt, Inc. TMR finds that the consolidated nature also accounts for limited opportunities for new entrants to gain an easy foothold in the global kosher salt market.

Request to view Sample Report:

The global kosher salt market stood at US$832.3 mn in 2015. Clocking a CAGR of 7.0% during 2016–2024, the opportunities in the market is projected to touch worth of US$1517.2 mn by 2024 end.

Among the various key regional markets for kosher salt, North America has been holding its sway over the past few years. In the next few years as well, it is likely to retain its lead in the global kosher salt market. The growth is attributed to the substantially rising demand in the food and beverages industry.

Among the various product types, the demand for kosher salt crystals has been extensive in the global kosher salt market. The product type has witnessed substantial use in restaurants as a seasoning agent for meat.

Kosher salt as iodine-free salt has been garnering substantial steam in culinary arts world over. Bereft of iodine and other additives, kosher salt has risen in popularity for cooking owing to its lighter and slightly metallic taste. It has witnessed extensive demand in seasoning of meat by fast food service chains. The easy to control texture of each pinch of kosher salt is another of its characteristics attracting chefs worldwide. In addition, the granular and coarse nature of kosher salt makes it a salt as an attractive texture to several food preparations. The aforementioned propositions are key underpinnings to the growth of the global kosher salt market.

Request for Customization:

Burgeoning food and beverages industry in various developing and developed regions across the globe is a key trend propelling the expansion of the global kosher salt market. Rapid strides being made by the food and beverages industry in developed countries has made kosher salt increasingly attractive in new recipes.

Retail and grocery shops have accorded kosher salt a shelf different from that of normal table salt products to attract discerning consumers. This factor is likely to offer an impetus to the global kosher salt market. Furthermore, awareness has risen regarding the ill health effects of consuming processed salt.

However, there still remains a lack of accessibility in some regions of the world. In addition, kosher salt isn’t considered an apt option for making processes, hampering the demand. On other hand, in developed regions and a few emerging economies, kosher salt is widely preferred in variety of topping and seasoning applications. Furthermore, advances made in packaging of kosher salt will likely to improve its freshness and flavor. Moreover, these advances will enhancing the storage. These factors are new and lucrative avenues in the kosher salt market.

# # #

Submitted by amyjames on Tuesday, 18 June 2019 at 5:08 PM
Category: Food & Fashion
Related News

Global Almond Ingredients Market Forecast-2026
Friday, 19 Jul 2019

Better Uniforms for Effective Internal Branding
Friday, 19 Jul 2019

Milk (Dairy & Soy Food) Mexico Market | Growth, Trends And Forecast Till 2023
Friday, 19 Jul 2019

Global Corn Oil Market Size Study, by End User, Type and Regional Forecasts 2024
Thursday, 18 Jul 2019

Global Smoothies Market : Scenario, Size, Outlook, Trend and Forecast 2019-2023
Thursday, 18 Jul 2019

Related Events

FT Weekend Festival
Saturday, 7 Sep 2019

Global Convergence of Tea & Coffee Industry To Take Place at Mumbai in November 2019
Thursday, 21 Nov 2019

Latest News

Exscudo Presents the Channels App: Next Gen Mobile Bank and messenger
Friday, 19 Jul 2019

KMG Imports Vape Wholesale and Consumer Direct
Friday, 19 Jul 2019

Earthmoving Equipment Tyres Market Growth Rate and Revenue Forecast 2017-2026
Friday, 19 Jul 2019

Find Care at Home in Your Area
Friday, 19 Jul 2019

Skid Steer Loader Market Opportunities, Challenges, Strategies & Forecasts Report
Friday, 19 Jul 2019

Want to get your press releases, event listings, and job ads on Scoopasia? Register now for a FREE account or login if you already have one!
Scoopasia v1.0b. Copyright © 2019
Today is Friday, 19 July 2019

About Scoopasia | FAQ | Privacy Policy | Contact Us

Press Releases
Event Listings
Job Listings
Arts & Entertainment
Architecture & Construction
Automotive & Travel
Consumer Technology
Enterprise Technology
Food & Fashion
Government & Policy
Health Care & Medical
News & Media
Science & Research
Sports & Fitness
Login / Register
Get Scoopasia through RSS Feeds & Email Notifications!

Journalist's Toolbox
Hello journalist, welcome to Scoopasia--a powerful online resource for media information in Asia. Scoopasia has press releases and media events for every beat and industry. All content on Scoopasia is 100% FREE. You don't even need to login!

  • Scoop Line
    (Instant Information Request)
    The easiest way to ask questions and request information from the PR community.

  • Advanced Search
    Drill down, dig deep, for media information the way you want it.

  • Journalist's Resources
    Resources and tools you can't do without.

  • PR Tools
    Scoopasia Blog Search
    Search the largest handpicked collection of Asia's most prominent and influential blogs.

  • PR Bookmarks
  • Web 2.0 Bookmarks
  • Media Bookmarks

    More Coming Soon...

  • Upcoming Events
  • Neurology in Clinical Practice 2019
  • Current Applications and Future of Artificial Intelligence in Cardiology
  • Oncology Review
  • Mammary Carcinoma Update 2019 - A continuing education series from the MCI Academy
  • Update in Orthpaedic Surgery Conference July 22-25, 2019 Grand Hyatt Kauai

  • Latest Jobs
    Sorry, there are currently no entries posted here.