Fortified Salts Market - Global Industry Analysis

Fortified Salts Market Size - By Product (Iodine [By Application {Hospitality & Service, Food Processing, Household & Animal Feed}, By Distribution Channel {Hypermarket & Supermarket, Grocery Stores, Online Stores}], Iron[By Application {Hospitality & Service, Food Processing, Household & Animal Feed}, By Distribution Channel {Hypermarket & Supermarket, Grocery Stores, Online Stores}], Double Fortified Salts[By Application {Hospitality & Service, Food Processing, Household & Animal Feed}, By Distribution Channel {Hypermarket & Supermarket, Grocery Stores, Online Stores}]) - Global Industry Perspective, Comprehensive Analysis, and Forecast, 2019 – 2025

Published Date: 08-Mar-2021 Category: Food & Beverage Report Format : PDF Pages: 110 Report Code: ZMR-4086 Status : Published

The global Fortified Salts market, which was estimated at about 4.3 (USD Billion) in 2019 and is predicted to accrue earnings worth 7.5(USD Billion) by 2025, is set to record a CAGR of nearly over 8.2% during 2019-2025.

Description

Global Fortified Salts Market: Size

The global Fortified Salts market, which was estimated at about 4.3 (USD Billion) in 2019 and is predicted to accrue earnings worth 7.5(USD Billion) by 2025, is set to record a CAGR of nearly over 8.2% during 2019-2025. The report offers valuation and analysis of Fortified Salts market on a global as well as regional level. The study offers a comprehensive assessment of the industry competition, limitations, sales estimates, avenues, current & emerging trends, and industry-validated market data. The report offers historical data from 2016 to 2018 along with a forecast from 2019 to 2025 based on value (USD Billion).

Fortified Salts Market: Overview

Based on the clinical trials carried out by NIH researchers, fortified salts with iodine and iron has proved to  be a cost-effective solution for low and middle income group population across the emerging economies. Reportedly, Positive effects of these fortified salts were found in women and school children. Moreover, the salts fortified with iron and iodine helped in reducing anemia risk and increased hemoglobin concentration in school children and pregnant women in the emerging economies.

Global Fortified Salts Market

Fortified Salts Market: Growth Dynamics

Massive consumer inclination towards nutritive food along with rising cases of malnutrition witnessed among the adults as well as children across the emerging economies will create lucrative growth avenues for fortified salts industry over the assessment timeline. Apart from this, surge in the cases of anemia as a result of iron deficiency is likely to drive the market growth trends. With large-scale sale of fortified salts owing to humungous need for preserving food is anticipated to favorably impact the intake of packaged & processed food, thereby steering the expansion of fortified salts industry over the assessment period.

Furthermore, rise in the occurrence of goiter in the under-developed nations of Africa and South Asia will create lucrative demand for fortified salts in the foreseeable future. In addition to this, exceptional nutrient features of the product assisting in combating gestational high blood pressure and neurological ailments will steer the expansion of fortified salts industry over the assessment period. Rise in the number of miscarriages as well as low mental growth witnessed in the children as a result of less intake of iron has resulted in induction of programs by the government in the emerging nations for promoting the consumption of fortified salts. Such positive moves will lucratively influence the expansion of fortified salts industry over the years ahead.

Asia Pacific Market To Expand Leaps & Bounds Over Forecast Timeframe

The expansion of fortified salts industry in Asia Pacific over the assessment period is due to growing demand for nutritive diet by surging geriatric populace with increasing lifespan. In addition to this, increase in the cases of anemia among the Asiatic population has created massive need for iron along with intake of high quality food. This, in turn, is anticipated to steer the expansion of fortified salts market over the projected timeline.

Key participants profiled in the report include Hindustan Salts,Tamil Nadu Salt Corporation, Bajaj Salt, AkzoNobel, Shreeram Chemfood, Tata Chemicals, Cargill Salt, Nirma Shudh, Compass Minerals, Ankur Salt, China National Salt Industry, Annapurna Salts, Windsor Salts, Sambhar Salts, Kutch Brine Chem Industries, United Salt Corporation, Schweizer Salinen, Ahir Salt Industries, Saboo Sodium Chloro, and Super Salts.

The global fortified salts market is segmented as follows:

By Product

  • Iodine
    • By Application
      • Hospitality & Service
      • Food Processing
      • Household & Animal Feed
    • By Distribution Channel
      • Hypermarket & Supermarket
      • Grocery Stores
      • Online Stores
  • Iron
    • By Application
      • Hospitality & Service
      • Food Processing
      • Household & Animal Feed
    • By Distribution Channel
      • Hypermarket & Supermarket
      • Grocery Stores
      • Online Stores
  • Double Fortified Salts
    • By Application
      • Hospitality & Service
      • Food Processing
      • Household & Animal Feed
    • By Distribution Channel
      • Hypermarket & Supermarket
      • Grocery Stores
      • Online Stores

By Region

  • North America
    • The U.S.
    • Canada
  • Europe
    • France
    • The UK
    • Spain
    • Germany
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Southeast Asia
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC
    • South Africa
    • Rest of Middle East & Africa

Table Of Content

  • Chapter 1. Preface
    • 1.1. Report Description and Scope
    • 1.2. Research Scope
    • 1.3. Research Methodology
      • 1.3.1. Market Research Type
      • 1.3.2. Market Research Methodology
  • Chapter 2. Executive Summary
    • 2.1. Fortified Salts Market, 2015–2025 (USD Billion)
    • 2.2. Fortified Salts Market: Snapshot
  • Chapter 3. Global Fortified Salts Market– Industry Analysis
    • 3.1. Fortified Salts Market: Market Dynamics
    • 3.2. Market Drivers
      • 3.2.1. Massive consumer inclination towards nutritive food along with rising cases of malnutrition witnessed among the adults as well as children across the emerging economies will create lucrative growth avenues for fortified salts industry over the assessment timeline.
      • 3.2.2. Surge in the cases of anemia as a result of iron deficiency is likely to drive the market growth trends.
    • 3.3. Porter’s Five Forces Analysis
    • 3.4. Market Attractiveness Analysis
      • 3.4.1. Market attractiveness analysis By Product
  • Chapter 4. Global Fortified Salts Market– Competitive Landscape
    • 4.1. Company market share analysis
      • 4.1.1. Global Fortified Salts Market: company market share, 2017
    • 4.2. Strategic development
      • 4.2.1. Acquisitions & mergers
      • 4.2.2. New Product launches
      • 4.2.3. Agreements, partnerships, cullaborations, and joint ventures
      • 4.2.4. Research and development and Regional expansion
    • 4.3. Price trend analysis
  • Chapter 5. Global Fortified Salts Market– Product Analysis
    • 5.1. Global Fortified Salts Market overview: By Product
      • 5.1.1. Global Fortified Salts Market share, By Product, 2018 and 2025
    • 5.2. Iodine
      • 5.2.1. Global Fortified Salts Market By Iodine, 2015–2025 (USD Billion)
    • 5.3. Iron
      • 5.3.1. Global Fortified Salts Market By Iron, 2015–2025 (USD Billion)
    • 5.4. Double Fortified Salts
      • 5.4.1. Global Fortified Salts Market By Double Fortified Salts, 2015–2025 (USD Billion)
  • Chapter 6. Company Profiles
    • 6.1. AkzoNobel
      • 6.1.1. Overview
      • 6.1.2. Financials
      • 6.1.3. Product Portfolio
      • 6.1.4. Business Strategy
      • 6.1.5. Recent Developments
    • 6.2. Tata Chemicals
      • 6.2.1. Overview
      • 6.2.2. Financials
      • 6.2.3. Product Portfolio
      • 6.2.4. Business Strategy
      • 6.2.5. Recent Developments
    • 6.3. Cargill Salt
      • 6.3.1. Overview
      • 6.3.2. Financials
      • 6.3.3. Product Portfolio
      • 6.3.4. Business Strategy
      • 6.3.5. Recent Developments
    • 6.4. Compass Minerals
      • 6.4.1. Overview
      • 6.4.2. Financials
      • 6.4.3. Product Portfolio
      • 6.4.4. Business Strategy
      • 6.4.5. Recent Developments
    • 6.5. Ankur Salt
      • 6.5.1. Overview
      • 6.5.2. Financials
      • 6.5.3. Product Portfolio
      • 6.5.4. Business Strategy
      • 6.5.5. Recent Development
    • 6.6. China National Salt Industry
      • 6.6.1. Overview
      • 6.6.2. Financials
      • 6.6.3. Product Portfolio
      • 6.6.4. Business Strategy
      • 6.6.5. Recent Development
    • 6.7. Windsor Salts
      • 6.7.1. Overview
      • 6.7.2. Financials
      • 6.7.3. Product Portfolio
      • 6.7.4. Business Strategy
      • 6.7.5. Recent Development
    • 6.8. Sambhar Salts
      • 6.8.1. Overview
      • 6.8.2. Financials
      • 6.8.3. Product Portfolio
      • 6.8.4. Business Strategy
      • 6.8.5. Recent Development
    • 6.9. Kutch Brine Chem Industries
      • 6.9.1. Overview
      • 6.9.2. Financials
      • 6.9.3. Product Portfolio
      • 6.9.4. Business Strategy
      • 6.9.5. Recent Development
    • 6.10. United Salt Corporation
      • 6.10.1. Overview
      • 6.10.2. Financials
      • 6.10.3. Product Portfolio
      • 6.10.4. Business Strategy
      • 6.10.5. Recent Development
    • 6.11. Schweizer Salinen
      • 6.11.1. Overview
      • 6.11.2. Financials
      • 6.11.3. Product Portfolio
      • 6.11.4. Business Strategy
      • 6.11.5. Recent Development
    • 6.12. Ahir Salt Industries
      • 6.12.1. Overview
      • 6.12.2. Financials
      • 6.12.3. Product Portfolio
      • 6.12.4. Business Strategy
      • 6.12.5. Recent Development
    • 6.13. Tamil Nadu Salt Corporation
      • 6.13.1. Overview
      • 6.13.2. Financials
      • 6.13.3. Product Portfolio
      • 6.13.4. Business Strategy
      • 6.13.5. Recent Development
    • 6.14. Hindustan Salts
      • 6.14.1. Overview
      • 6.14.2. Financials
      • 6.14.3. Product Portfolio
      • 6.14.4. Business Strategy
      • 6.14.5. Recent Development
    • 6.15. Saboo Sodium Chloro
      • 6.15.1. Overview
      • 6.15.2. Financials
      • 6.15.3. Product Portfolio
      • 6.15.4. Business Strategy
      • 6.15.5. Recent Development
    • 6.16. Annapurna Salts
      • 6.16.1. Overview
      • 6.16.2. Financials
      • 6.16.3. Product Portfolio
      • 6.16.4. Business Strategy
      • 6.16.5. Recent Development
    • 6.17. Bajaj Salt
      • 6.17.1. Overview
      • 6.17.2. Financials
      • 6.17.3. Product Portfolio
      • 6.17.4. Business Strategy
    • 6.18. Nirma Shudh
      • 6.18.1. Overview
      • 6.18.2. Financials
      • 6.18.3. Product Portfolio
      • 6.18.4. Business Strategy
    • 6.19. Shreeram Chemfood
      • 6.19.1. Overview
      • 6.19.2. Financials
      • 6.19.3. Product Portfolio
      • 6.19.4. Business Strategy
      • 6.19.5. Recent Development
    • 6.20. Super Salts
      • 6.20.1. Overview
      • 6.20.2. Financials
      • 6.20.3. Product Portfolio
      • 6.20.4. Business Strategy
      • 6.20.5. Recent Development

Table Of Figures

List of Figures

1. Market research Type
2. Market research methodology
3. Global Fortified Salts Market, 2015–2025 (USD Billion)
4. Porter’s Five Forces Analysis
5. Global Fortified Salts Market attractiveness, By Product  
6. Global Fortified Salts Market share by Product ,2018 and 2025 (USD Billion)
7. Global Fortified Salts Market By Iodine ,2015–2025 (USD Billion)
8. Global Fortified Salts Market By Iron ,2015–2025 (USD Billion)
9. Global Fortified Salts Market By Double Fortified Salts ,2015–2025 (USD Billion)
10. Global Fortified Salts Market share, by Region, 2018 and 2025
11. North America Fortified Salts Market, 2015–2025 (USD Billion)
12. Europe Fortified Salts Market, 2015–2025 (USD Billion)
13. Asia Pacific Fortified Salts Market, 2015–2025 (USD Billion)
14. Latin America Fortified Salts Market, 2015–2025 (USD Billion)
15. The Middle East and Africa Fortified Salts Market, 2015–2025 (USD Billion)


Table Of Tables

List of Tables

1. Global Fortified Salts Market: snapshot
2. Drivers of the Fortified Salts Market: impact analysis
3. North America Fortified Salts Market revenue, By Product   , 2015–2025 (USD Billion)
4. The U.S. Fortified Salts Market revenue, By Product    , 2015–2025 (USD Billion)
5. Rest of North America Fortified Salts Market revenue, By Product    , 2015–2025 (USD Billion)
6. Europe Fortified Salts Market revenue, By Product    , 2015–2025 (USD Billion)
7. UK Fortified Salts Market revenue, By Product    , 2015–2025 (USD Billion)
8. France Fortified Salts Market revenue, By Product    , 2015–2025 (USD Billion)
9. Germany Fortified Salts Market revenue, By Product    , 2015–2025 (USD Billion)
10. Rest of Europe Fortified Salts Market revenue, By Product    , 2015–2025 (USD Billion)
11. Asia Pacific Fortified Salts Market revenue, By Product    , 2015–2025 (USD Billion)
12. China Fortified Salts Market revenue, By Product    , 2015–2025 (USD Billion)
13. Japan Fortified Salts Market revenue, By Product    , 2015–2025 (USD Billion)
14. India Fortified Salts Market revenue, By Product    , 2015–2025 (USD Billion)
15. Rest of Asia Pacific Fortified Salts Market revenue, By Product    , 2015–2025 (USD Billion)
16. Latin America Fortified Salts Market revenue, By Product    , 2015–2025 (USD Billion)
17. Brazil Fortified Salts Market revenue, By Product    , 2015–2025 (USD Billion)
18. Rest of Latin America Fortified Salts Market revenue, By Product    , 2015–2025 (USD Billion)
19. The Middle East and Africa Fortified Salts Market revenue, By Product    , 2015–2025 (USD Billion)
20. Saudi Arabia Fortified Salts Market revenue, By Product    , 2015–2025 (USD Billion)
21. South Africa Fortified Salts Market revenue, By Product    , 2015–2025 (USD Billion)
22. Rest of the Middle East & Africa Fortified Salts Market revenue, By Product    , 2015–2025 (USD Billion)

 

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FrequentlyAsked Questions

Massive consumer inclination towards nutritive food along with rising cases of malnutrition witnessed among the adults as well as children across the emerging economies will create lucrative growth avenues for fortified salts industry over the assessment timeline. Apart from this, surge in the cases of anemia as a result of iron deficiency is likely to drive the market growth trends. With large-scale sale of fortified salts owing to humungous need for preserving food is anticipated to favorably impact the intake of packaged & processed food, thereby steering the expansion of fortified salts industry over the assessment period.

Furthermore, rise in the occurrence of goiter in the under-developed nations of Africa and South Asia will create lucrative demand for fortified salts in the foreseeable future. In addition to this, exceptional nutrient features of the product assisting in combating gestational high blood pressure and neurological ailments will steer the expansion of fortified salts industry over the assessment period.

According to Zion Market Research report, the global Fortified Salts market, which was estimated at about 4.3 (USD Billion) in 2019 and is predicted to accrue earnings worth 7.5(USD Billion) by 2025, is set to record a CAGR of nearly over 8.2% during 2019-2025.  

Asia Pacific is likely to make noteworthy contributions towards overall Fortified Salts Market revenue over 2019-2025. The growth of the market in the region over estimated timespan can be ascribed to escalating demand for nutritive diet by surging geriatric populace with increasing lifespan. In addition to this, increase in the cases of anemia among the Asiatic population has created massive need for iron along with intake of high quality food. This, in turn, is anticipated to steer the expansion of fortified salts market over the projected timeline.

The key players profiled in the report include AkzoNobel, Tata Chemicals, Cargill Salt, Compass Minerals, Ankur Salt, China National Salt Industry, Windsor Salts, Sambhar Salts, Kutch Brine Chem Industries, United Salt Corporation, Schweizer Salinen, Ahir Salt Industries, Tamil Nadu Salt Corporation, Hindustan Salts, Saboo Sodium Chloro, Annapurna Salts, Bajaj Salt, Nirma Shudh, Shreeram Chemfood, and Super Salts.

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