Fortified Salts Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2019–2025

Report Code: ZMR-4086 | Report Format : | Status : Upcoming |

Abstract

Global Fortified Salts Market: Overview

Fortification of salt can be done to add either iodine or iron to the salt for increasing its health benefits. In the past few years, a number of infants had born due to premature deliveries as a result of iron and iodine deficiency. The intake of sodium chloride with fortified nutrients has experienced notable growth. This, in turn, will drive the fortification salts market trends.

Global Fortified Salts Market: Growth Factors

Rising undernourishment witnessed in both children and adults coupled with the humungous need of nutritious food will impel fortified salts market evolution.  Growing health hazards as a result of lesser iron and iodine intake will amplify product penetration.

Massive cases of miscarriages, high blood pressure during pregnancies, and neural ailments such as; cretinism in newborn infants will drive the global fortified salts market. Apt development and body movements of unborn infant in fetus are the vital aspects infusing the preference for fortified salts in females. The product is witnessing a lucrative demand for iodine across the world, subject to its therapeutic features.

Increase in the incidences of hair loss in youths and a little grown up populace is anticipated to create a huge acceptance for the product over the forecast time span. Treatment sunstroke will steer the product demand across the tropical areas.

However, health disorders such as kidney ailments, TB, and thyroid papillary cancer as well as side effects caused as a result of over intake of the product may result in decline in the product demand.

Global Fortified Salts Market: Segmentation

The global fortified salts market can be classified into product type, application, and distribution channel. Based on the product type, the market is segmented into iodine, iron, and double fortified salts. Application wise, the fortified salts market is classified into service & hospitality, food processing, and animal feed & household. On the basis of distribution channel, the market is divided into hypermarket, supermarket, grocery stores, and online stores.

Global Fortified Salts Market: Regional Analysis

Based on region, the global fortified salts market can be divided into five main regions: North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa. Fortified salts market in APAC is slated to record a lucrative growth over the years ahead, due to an increase in the nutritious diet by the rising aging population in need for raising life span. Moreover, European region is slated to contribute considerably towards the overall fortified salts market size in the years ahead, subject to massive acceptance of salt reduction agenda across the region as a result of excessive salt consumption leading to high proportion of sodium in the human system.

Additionally, North America fortified salts market is anticipated to be optimistically influenced by rise in the obesity among the people along with massive demand for the product as a result of growing health consciousness among the population of the region.

Latin America and MEA are the markets with bright future growth prospects and they are likely to expand its penetration rate in the global market in the next decade.

Global Fortified Salts Market: Competitive Players

Some of key players in fortified salts market are Compass Minerals, Cargill, Ankur Salt, Tata Chemicals, Sambhar, AkzoNobel, United Salt Corporation, China National Salt Industry, Schweizer Salinen, and Kutch Brine Chem Industries.

Global Fortified Salts Market: Regional Segment Analysis

  • North America
    • The U.S.
  • Europe
    • The UK
    • France
    • Germany
  • The Asia Pacific
    • China
    • Japan
    • India
  • Latin America
    • Brazil
  • The Middle East and Africa

What Reports Provides

  • Full in-depth analysis of the parent market
  • Important changes in market dynamics
  • Segmentation details of the market
  • Former, on-going, and projected market analysis in terms of volume and value
  • Assessment of niche industry developments
  • Market share analysis
  • Key strategies of major players
  • Emerging segments and regional markets
  • Testimonials to companies in order to fortify their foothold in the market.

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