The global gourmet salt market size expected to reach a valued at USD 13.2 billion by 2028, growing at a CAGR of 6.4% during the forecast period 2021-2028. The key driver which help in boosting the market on the perspective of current scenario is wide globalization and media exposure, rising demand for traditional cuisines with enhanced unique flavors due to their distinctive combination of minerals and the variations of shapes and sizes of salt crystals has increased the demand for global gourmet salt market. There are certain restrains which hung the market are high cost involved during processing, packaging, labeling and marketing constituting restrain to the global market. Given the desire for gourmet cuisine, the food service business in industrialised nations such as the United States has quickly adapted to the market. This is due to the fact that gourmet is an industry designation for high-quality premium goods in the United States, which influences gourmet salt demand. Furthermore, globalisation and the strong influence of westernisation in emerging countries are increasing demand for foreign cuisine, such as Italian and French cuisine, which necessitates the use of specialty salts. Growing cookery and food shows are also expected to establish a numerous growth towards the global market. The global market is divided into two categories: type and application. The market is divided into sel gris, flakey salt, himalayan salt, fleur de sel, specialty salt, and others based on kind. The market is divided into confectionery, bakery, meat & poultry, seafood, sauces & savouries, and others based on application. The research also looks into the gourmet salt market in rising and existing markets around the world, such as North America, Europe, Asia-Pacific, South America, and the Middle East and Africa.
Key Market Developments:
In January 2021, Cargill has announced the launch of a new purified sea salt flour. The ingredient is a unique type of ultra-fine cut, powder-like sodium chloride. It is suitable for applications that require extremely fine sizing for blending, including dry soup, cereal, flour and spice mixes, as well as for topping snack foods.
In May 2021, JK Masale has launched a new gourmet range for customers across West Bengal, India. This newly launched product range includes five glass grinders namely JK Burnt Garlic Seasoning, JK Black Salt, JK Himalayan Pink Salt, JK Italian Seasoning, JK Malabar Pepper Mix. It added two sprinklers by the name of JK Pepper Salt Mix Shaker, JK Chilli Flakes in this product range.