Gourmet Salts Market Size, Share, Trends, Growth Report and Forecast 2030

Gourmet Salts Market

Gourmet Salts Market By Type (Himalayan Salt, Fleur De Sel, Sel Gris, Smoked & Roasted Salt, Flavored Salt, Specialty Salt, Atlantic Salt, Maldon Salt, and Others), By Application (Bakery & Confectionery, Meat & Poultry Products, Seafood Products, Sauces & Savory and Others), By Distribution Channel (Supermarkets/Hypermarkets, Convenience Stores, Specialty Stores, E-Commerce and Others) and By Region - Global and Regional Industry Overview, Market Intelligence, Comprehensive Analysis, Historical Data, and Forecasts 2022 – 2028

Category: Food & Beverage Report Format : PDF Pages: 194 Report Code: ZMR-1569 Published Date: Feb-2023 Status : Published

The global gourmet salts market size was worth around USD 240 million in 2021 and is predicted to grow to around USD 380 million by 2028 with a compound annual growth rate (CAGR) of roughly 6.8% between 2022 and 2028.

Gourmet Salts Market Size & Industry Analysis:

The global gourmet salts market size was worth around USD 240 million in 2021 and is predicted to grow to around USD 380 million by 2028 with a compound annual growth rate (CAGR) of roughly 6.8% between 2022 and 2028. The report analyzes the global gourmet salts market’s drivers, restraints/challenges, and the effect they have on the demands during the projection period. In addition, the report explores emerging opportunities in the gourmet salts market.

Gourmet Salts Market: Overview

Gourmet salt is untreated sea salt that is naturally harvested; it adds extra flavor and dressing to food products. It also imparts a little exotic flavor and moisture to the foods. It is high-quality salt commonly used in cooking to improve the taste and appeal of the food. Gourmet salt possesses elevated mineral content and better solubility. It can be added to other types of spices and herbs to enhance the flavor and color of spices. Gourmet salt is used in various applications which include seafood, bakery, confectionery, savory, and poultry. It is used to preserve canned food products so that their shelf life increases.

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Key Insights

  • As per the analysis shared by our research analyst, the global gourmet salts market is estimated to grow annually at a CAGR of around 6.8% over the forecast period (2022-2028).
  •  In terms of revenue, the global gourmet salts market size was valued at around USD 240 million in 2021 and is projected to reach USD 380 million, by 2028.
  • Due to a variety of driving factors, the market is predicted to rise at a significant rate. The global gourmet salts market is projected to grow owing to its medicinal properties.
  • Based on the type, the Himalayan segment accounted for the largest market share in 2021.
  • Based on application, the bakery & confectionery segment accounted for the largest revenue share in 2021.
  • Based on the distribution channel, the supermarkets/Hypermarkets segment is expected to dominate the market during the forecast period.
  • Based on region, Europe is expected to hold the largest market share during the forecast period.

Gourmet Salts Market: Growth Drivers

Medicinal properties of gourmet salt to drive the market growth

Gourmet salts provide a wealth of nutrients and minerals and offer several health advantages. The body needs salt and chloride to function properly. Since they make up the majority of edible salt, these two are a clear and important part of Himalayan pink salt. Himalayan pink salt provides more room for other minerals and ingredients than regular salt, which is 99.9% sodium chloride.

NaCl makes up around 98% of the salt in rock. The remaining 2% of Himalayan salt is made up of various minerals and elements. Pink Himalayan salt has the potential to increase glutamate levels in the human body. This substance may reduce stress, increase energy, and treat depression. Pink Himalayan salt can be used to replenish the body's energy. Thus, the medicinal properties of gourmet salt drive market growth.

Gourmet Salts Market: Restraints

The high cost of products is expected to impede the market growth

Culinary chefs are learning to harness the special sensory and aesthetic qualities of gourmet salts to improve and increase the flavor and look of their dishes. This is explained by the diverse production processes that were employed to make them, which produce crystals with differing chemical compositions. The price of fleur de sel is expected to be $30 a pound or even more, according to Spruce Eats, since it must be manually skimmed off using specialized sieves and naturally occurs under specific, extremely limited weather conditions.

Gourmet salts bring significant economic value and can help artisanal salt businesses that still gather salt the old-fashioned way stay in business. Gourmet salt harvesting requires significant capital expenditures for processing, packaging, labeling, and marketing, which eventually add to the cost of the finished product.  

Gourmet Salts Market: Opportunities

Increasing consumer demand for luxury and high-end cuisines is expected to flourish the growth of the market

Gourmet Salt is recognized for its elegant appearance, refined flavor, and moist texture, and is considered by many chefs to be the finest sea salt on the market. Everything tastes great with gourmet salt, including fried eggs, vegetables, salads, roasted or baked meats, or shellfish.

Smoked salts, for instance, go particularly well with foods that are grilled, such as meats, chicken, and corn on the cob. They make food that was prepared on a cooktop taste like it was prepared over a campfire. 10% of Americans, according to Kitchen Infinity, own a grill. Americans who enjoy grilling steaks are 34%. Sales of barbecue grills increased by 40% between 2020 and 2021. Less conventionally, they also give dishes like stews, tacos, mac and cheese & caramel dessert combinations a distinctive depth. The demand for luxury traditional cuisines with enhanced flavors is increasing rapidly, which is accelerating the expansion of the global gourmet salt market.

Gourmet Salts Market: Segmentation

The global gourmet salts market is segmented based on the type, application, distribution channel, and region

Based on the type, the global market is bifurcated into Himalayan salt, fleur de sel, sel gris, smoked & roasted salt, flavored salt, specialty salt, Atlantic salt, Maldon salt, and others. The Himalayan salt segment accounted for the largest revenue share in 2021 and is expected to show its dominance during the forecast period. The best salt according to Ayurveda is Himalayan salt, sometimes referred to as pink salt. Because of the high concentration of iron and other elements in salt, its color can range from white to pink or dark red. 84 minerals, including calcium, chloride, sodium, and zinc, are believed to be present in them.

It keeps the body hydrated, regulates electrolyte balance, and eases muscle cramps. Due to the calcium and magnesium content, Himalayan salt helps to build and strengthen bones. In addition, it is used for massaging the face because it helps to remove dead skin and cleanses the skin. Thus, the aforementioned properties of the salt drive the growth of the segment.

Besides, the sel gris segment is expected to grow at the highest CAGR during the forecast period owing to its unique flavor and appearance. Sel Gris has recently gained a lot of popularity in the world of popular cuisine. It comes in three different textures: coarse grain for finishing or pinching; stone-ground fine for use in shakers; and ultra-fine velvet grain, perfect for dusting over popcorn or nuts. Sel Gris normally comprises 94% sodium chloride, which is a little less than regular sea salts, according to the most recent harvest.

Based on application, the market is segmented into bakery & confectionery, meat & poultry products, seafood products, sauces & savory, and others. The bakery & confectionery segment is projected to dominate the market during the forecast period. Large, gritty granules in luxury salts, particularly Himalayan salt, effectively transfer heat. When baking or grilling meat, poultry, seafood, eggs, and vegetables, they work very well. Since gourmet salts come in such a wide variety of flavors, they are also utilized in confectionery in various cakes and desserts.

However, the meat & poultry product segment is growing at a significant rate during the forecast period. The growth in the segment is attributed to the increasing consumption of meat products across the globe. Moreover, the manufacturers are using this salt for the preservation purpose to increase the shelf life of meat & poultry products. Thus, driving segmental growth.

Based on distribution channels, the global gourmet salts market is bifurcated into supermarkets/hypermarkets, convenience stores, specialty stores, e-commerce, and others. The supermarkets/hypermarkets segment is projected to dominate the market during the forecast period because it provides easy accessibility to a range of items under one roof. Customers can choose products from a wide variety of availability as a result. For instance, according to the Department of Commerce's Retail Indicator Division, retail sales have increased by 17.9% in 2021. However, the e-commerce segment is expected to grow at the highest CAGR during the forecast period due to rising spending power and busy lifestyles, more individuals are choosing to buy food online using simple and adaptable platforms rather than from local sellers.

Recent Developments:

  • In April 2020, the deployment of sophisticated new B2B eCommerce capabilities by SaltWorks was announced to improve customer service and accelerate sales growth. The new platform, which SaltWorks developed in collaboration with B2B eCommerce pioneer OroCommerce, provides SaltWorks with the stable, adaptable sales infrastructure necessary to scale-up customer service.
  • In January 2021, Cargill Salt has introduced a new pure sea salt flour. The active ingredient is an ultra-fine sliced, powder-like sodium chloride. It is appropriate for blending applications that demand extremely fine size, such as dry soup, cereal, flour, and spice mixes, as well as topping snack items.

Gourmet Salts Market Report Scope:

Report Attributes Report Details
Report Name Gourmet Salts Market Research Report
Market Size in 2021 USD 240 Million
Market Forecast in 2028 USD 380 Million
Compound Annual Growth Rate CAGR of 6.8%
Number of Pages 194
Forecast Units Value (USD Million), and Volume (Units)
Key Companies Covered Alaska Salt Co., Selina Naturally, Cargill, Incorporated., INFOSA, Pyramid Salt, Morton Salt, Inc., Murray River Salt, The Marblehead Salt Co. LLC., CK Life Sciences Int'l., (Holdings) Inc., Maldon Crystal Salt Co, SAN FRANCISCO SALT CO, Salty Wahine Gourmet Hawaiian Sea Salts, SALTOPIA Infused Sea Salts, Südwestdeutsche Salzwerke AG, Caravel Gourmet among other.
Segments Covered By Type, By Application, By Distribution Channeland and By Region
Regions Covered North America, Europe, Asia Pacific (APAC), Latin America, Middle East and Africa (MEA)
Countries Covered North America: U.S and Canada
Europe: Germany, Italy, Russia, U.K, Spain, France, Rest of Europe
APAC: China, Australia, Japan, India, South Korea, South East Asia, Rest of Asia Pacific
Latin America: Brazil, Argentina, Chile
The Middle East And Africa: South Africa, GCC, Rest of MEA
Base Year 2021
Historical Year 2016 to 2020
Forecast Year 2022 - 2028
Customization Scope Avail customized purchase options to meet your exact research needs. Request For Customization

 

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Gourmet Salts Market: Regional Analysis

Europe is expected to hold the largest market share during the forecast period

Europe is expected to hold the largest share in global gourmet salts during the forecast period. Due to rising knowledge of the health advantages of gourmet salt, which contains less sodium than regular table salt and salts like Himalayan salt, consumers in the region are switching from table salt to gourmet salt. 45% of deaths in the area are attributed to cardiovascular diseases, according to European Cardiovascular Disease Statistics. As a result, people are much more health conscious and shifting toward using gourmet salt in their daily lives because it lowers the risk of heart disease.

Due to the region's rising popularity of gourmet food and upscale fine dining, it is therefore anticipated that the market for gourmet salts would experience considerable expansion and contribute a sizeable market share. On the other hand, the Asia Pacific is expected to grow at the highest CAGR during the forecast period. The regional growth is attributed to the use of gourmet salts in various applications which includes canning, preserving food, pickling, and using for enhancing the taste, aroma, and appearance of gourmet dishes in premium restaurants. Furthermore, the popularization of western cuisines in developing countries such as India is another factor for the penetration of the market.

Gourmet Salts Market: Competitive Analysis

The global gourmet salts market is dominated by players like Alaska Salt Co., Selina Naturally, Cargill, Incorporated., INFOSA, Pyramid Salt, Morton Salt, Inc., Murray River Salt, The Marblehead Salt Co. LLC., CK Life Sciences Int'l., (Holdings) Inc., Maldon Crystal Salt Co, SAN FRANCISCO SALT CO, Salty Wahine Gourmet Hawaiian Sea Salts, SALTOPIA Infused Sea Salts, Südwestdeutsche Salzwerke AG, Caravel Gourmet among other.

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The global gourmet salts market is segmented as follows:

By Type

  • Himalayan Salt
  • Fleur De Sel
  • Sel Gris
  • Smoked & Roasted Salt
  • Flavored Salt
  • Specialty Salt
  • Atlantic Salt
  • Maldon Salt
  • Others

By Application

  • Bakery & Confectionery
  • Meat & Poultry Products
  • Seafood Products
  • Sauces & Savory
  • Others

By Distribution Channel

  • Supermarkets/Hypermarkets
  • Convenience Stores
  • Specialty Stores
  • E-Commerce
  • Others

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

Methodology

FrequentlyAsked Questions

The global gourmet salts market is primarily driven by the increasing global disposable income of people who are encouraged to spend on exotic food products such as gourmet cuisines. Furthermore, the advent of the internet coupled with the rising popularity of cooking shows drives the market growth.

According to the report, the global gourmet salts market size was worth around USD 240 million in 2021 and is predicted to grow to around USD 380 million by 2028 with a compound annual growth rate (CAGR) of roughly 6.8% between 2022 and 2028.

The global gourmet salts market growth is expected to be driven by Europe. It is currently the world’s highest revenue-generating market owing to the increasing awareness of health among regional populations.

The global gourmet salts market is dominated by players like Alaska Salt Co., Selina Naturally, Cargill, Incorporated., INFOSA, Pyramid Salt, Morton Salt, Inc., Murray River Salt, The Marblehead Salt Co. LLC., CK Life Sciences Int'l., (Holdings) Inc., Maldon Crystal Salt Co, SAN FRANCISCO SALT CO, Salty Wahine Gourmet Hawaiian Sea Salts, SALTOPIA Infused Sea Salts, Südwestdeutsche Salzwerke AG, Caravel Gourmet among other.

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