Kosher Salt Market - Global Industry Analysis

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Kosher salt is an edible salt without common additives such as iodine. It is less refined than table salt and commonly used in cooking activities. Kosher salt primarily contains sodium chloride and may include other anticaking agents. Kosher salt is used as a koshering salt, which means a salt that is used to draw out blood from the meat to make it kosher. It acts as a desiccating agent. Kosher salt usually doesn’t contain anti-clumping agents such as iodine, sodium ferrocyanide, or calcium silicate. Due to coarse grains, kosher salt is easy to handle and measure with fingers.

The growing applications of kosher salt in various end-user industries around the world are driving the growth of the global market for kosher salt. The rising number of meat processing food industries and increasing consumer preference for consumption of non-vegetarian food in hotels and restaurants are anticipated to boost the growth of the global market for kosher salt within the period of the forecast. Rapidly evolving technologies and processes in food and beverage manufacturing industries are expected to boost the demand for the kosher salt in the food and beverage industry during the period of forecast.

On the basis of kosher salt product type, the market is divided into smoked kosher salt, kosher salt crystals, and kosher salt flakes. Kosher salt crystals are the most popular type of kosher salt and are broadly used as culinary salt by professional chefs around the world. Moreover, many chefs prefer kosher salt as table salt as it dissolves more easily than other salts and possesses a tasty flavor. Smoked kosher salt is the second important segment, showing a significant growth due to its high consumption in food preparation to add flame-grilled smokiness to a dish. Based on the end-user, the market for kosher salt is segmented into retail, food & beverage manufacturers, and food service companies. The retail segment is the fastest growing segment and it accounted for the large market share in 2017 in terms of revenue. The increasing preference for kosher salt in home cooking is anticipated to enhance the growth of the market for kosher salt during the forecast period. On the basis of packaging material, the kosher salt market is segmented into cardboard, plastic, and others. The plastic material is widely preferred for packaging by most of the salt manufacturers and the segment accounted for a major market share in terms of revenue in 2017. Owing to the growing trend of environment-friendly packaging, cardboard material is expected to gain promising market share within the period of the forecast.

On the basis of geography, the global kosher salt market is segmented into North America, Latin America, the Middle East, and Africa, Asia Pacific, and Europe. North America dominates the global market for kosher salt with a major market share in terms of revenue in 2017. The region is anticipated to follow by the Asia Pacific with the high consumption of salt in the countries such as China and India. China represents nearly a quarter of global salt demand with the expanding dietary needs of the large population. Another important region in the global kosher salt market is Europe and is expected to exhibit promising growth over the period of the forecast. The market for kosher salt in Europe is primarily driven by the high demand for various processed food coupled with expanding beverage industry. The market for kosher salt in Latin America is projected to drive by growing consumer spending on dining out. The growing consumer preference for nutritional ingredients and flavors is expected to boost the expansion of the kosher salt market in the Middle East and Africa within the period of the forecast.

The key players operating in the global market for kosher salt accounted for a considerable market share in 2017. These major companies are focusing on new product development and research & development projects in order to expand the business in emerging markets. Some of the key companies included in the global kosher salt market report are Morton Salt, Inc., San Francisco Slat Company, Redmont, Inc. , Cargill, Inc. , Qingdao Huifenghe Msg Co., Ltd. , Flavor Delite, Inc., Marblehead Salt Co., Thai Refined Salt Co., Ltd., K+S Windsor Salt Ltd., Saltworks, Inc., and Natural Minerals.