미분염 시장 예측(-2030년) : 등급별, 용도별, 지역별 세계 분석

According to Stratistics MRC, the Global Micronized Salt Market is accounted for $2.75 billion in 2023 and is expected to reach $4.02 billion by 2030 growing at a CAGR of 5.6% during the forecast period. The micronized salt market refers to the sector of the salt industry that involves the production and sale of finely powdered salt particles. Micronized salt is processed to achieve a uniform particle size significantly smaller than traditional salt crystals, typically ranging from 10 to 50 microns. This fine texture enhances its solubility and dispersibility, making it ideal for various applications such as food processing, pharmaceuticals, and industrial manufacturing.

According to the U.S. Center for Diseases Prevention & Control 2015 to 2020 Dietary Guidelines for Americans, the daily sodium requisite for Americans is below 2,300 mg to maintain their health, which is 3,400 mg.

Market Dynamics:

Driver:

Growing demand for processed foods

Processed foods often require salt as a crucial ingredient for flavor enhancement, preservation, and texture modification. Micronized salt, with its fine particle size, offers several advantages in the processing of such foods. Its smaller particle size allows for better integration into food formulations, resulting in enhanced taste consistency and texture. Moreover, micronized salt dissolves quickly, ensuring uniform distribution throughout the product, which is particularly beneficial for processed food manufacturers aiming for precise flavor profiles.

Restraint:

Price sensitivity

Micronized salt, being a premium product, often commands a higher price compared to traditional salt varieties. This pricing dynamic makes consumers more conscious of their spending, particularly in regions where economic conditions are volatile or disposable income is limited. As a result, consumers may opt for cheaper alternatives or reduce their overall consumption of micronized salt, leading to fluctuations in demand. However, price sensitivity influences purchasing decisions among manufacturers and food processors who may seek cost-effective alternatives for ingredient sourcing.

Opportunity:

Technological advancements in salt processing

These innovations entail the development of sophisticated machinery and processes aimed at enhancing the efficiency, purity, and quality of micronized salt. Advanced techniques such as micronization, which involves reducing salt particles to micron size through specialized milling equipment, have enabled manufacturers to produce salt with superior uniformity and consistency, catering to diverse industrial and consumer demands. Additionally, modern processing technologies offer benefits such as improved solubility, flowability, and dispersion characteristics, expanding the applicability of micronized salt across various sectors including food processing, pharmaceuticals, and water treatment.

Threat:

Health concerns

While salt is an essential nutrient, excessive consumption can lead to health issues such as hypertension, cardiovascular diseases, and kidney problems. Micronized salt, with its finer particles, can contribute to a higher intake of sodium due to increased surface area, potentially exacerbating these health concerns. The micronization process may involve additives or chemicals that could further compromise its health benefits. However, consumers are becoming increasingly aware of the adverse effects of excessive salt intake and are seeking healthier alternatives.

Covid-19 Impact:

The increased focus on hygiene and sanitation measures during the pandemic has led to a surge in demand for salt-based disinfectants and sanitizers, thereby boosting the market for micronized salt used in these products. Disruptions in the supply chain, logistical challenges, and temporary shutdowns of manufacturing facilities have hindered the production and distribution of micronized salt. However, reduced workforce availability, limitations in raw material procurement, and logistical hurdles further compounded the situation.

The Purity 98% - 99.5% segment is expected to be the largest during the forecast period

Purity 98% - 99.5% segment is expected to be the largest during the forecast period. Consumers are increasingly seeking healthier alternatives to traditional table salt, driving the demand for purer salt options with reduced impurities. This segment caters to health-conscious individuals who prioritize product purity and are willing to invest in higher-quality salts. Moreover, micronized salt with higher purity levels offers enhanced solubility and flavor dispersion, making it desirable for various food applications, including seasoning, baking, and food preservation. Additionally, the growing trend of gourmet cooking and culinary innovation has spurred the demand for premium salts, further fueling the growth of this segment.

The Meat, Poultry & Sea Foods segment is expected to have the highest CAGR during the forecast period

Meat, Poultry & Sea Foods segment is expected to have the highest CAGR during the forecast period. Micronized salt, with its fine particle size and enhanced solubility, is increasingly being utilized in various processes within the meat, poultry, and seafood industry. It serves as a crucial ingredient in brines, marinades, and seasoning blends, where its rapid dissolution and uniform distribution play a vital role in flavor enhancement, moisture retention, and texture improvement of the final products. Moreover, micronized salt offers better adherence to meat surfaces, facilitating uniform curing and seasoning, which is particularly beneficial in processed meat and seafood products.

Region with largest share:

Asia Pacific region is projected to hold largest share over the extrapolated period. Micronization technology, which involves reducing salt particles to extremely fine sizes, has revolutionized the industry by enhancing solubility, dispersibility, and overall product performance in the region. Manufacturers continually invest in research and development to introduce innovative formulations and applications, such as micronized salt blends tailored for specific culinary or industrial uses. Additionally, these innovations in the region not only improve product functionality but also address health and sustainability concerns, such as reducing sodium content without compromising taste or texture. These elements are boosting regional growth.

Region with highest CAGR:

Europe region is projected to hold profitable growth over the projected period. Stricter regulations regarding the reduction of sodium intake have prompted manufacturers to develop innovative solutions such as micronized salt, which offers the same taste with reduced sodium content. These regulations aim to address health concerns related to high sodium consumption, including hypertension and cardiovascular diseases. Additionally, the European Union's stringent food safety standards necessitate the use of safer and healthier alternatives in food production. As a result, the demand for micronized salt as a viable substitute for traditional salt has surged, driving market growth.

Key players in the market

Some of the key players in Micronized Salt market include ACI Limited, Cargill, Inc, Cerebos Ltd, Cheetham Salt Limited, Ciech S.A, Compass Minerals America, Inc, Dominion Salt Limited, Kensalt Ltd, Morton Salt, Inc, Nirma Limited, Tata Chemicals Ltd, WA Salt Group and Wilson Salt Limited.

Key Developments:

In February 2024, ACI Foods Limited, a subsidiary of ACI Limited, announces the launch of the first-ever fortified cupcake range under its renowned Fun Snacks brand. The event, held at the ACI Center in Tejgaon, Dhaka, marked a significant milestone in the company's commitment to providing nutritious and delicious food for consumers.

In February 2023, Cargill Food Ingredients and Bioindustrials, through its recently acquired production unit at Nellore in Andhra Pradesh, plans to widen its customer base and distribution network in South India, with a new range of products.

Grades Covered:

• Purity 98% - 99.5%
• Purity Above 99.5%

Applications Covered:

• Bakery & Confectionery Products
• Beverages
• Canned/Preserved Fruits & Vegetables
• Meat, Poultry & Sea Foods
• Prepared Meals
• Other Applications

Regions Covered:

• North America
  • US
  • Canada
  • Mexico
• Europe
  • Germany
  • UK
  • Italy
  • France
  • Spain
  • Rest of Europe
• Asia Pacific
  • Japan
  • China
  • India
  • Australia
  • New Zealand
  • South Korea
  • Rest of Asia Pacific
• South America
  • Argentina
  • Brazil
  • Chile
  • Rest of South America
• Middle East & Africa
  • Saudi Arabia
  • UAE
  • Qatar
  • South Africa
  • Rest of Middle East & Africa

What our report offers:

• Market share assessments for the regional and country-level segments
• Strategic recommendations for the new entrants
• Covers Market data for the years 2021, 2022, 2023, 2026, and 2030
• Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
• Strategic recommendations in key business segments based on the market estimations
• Competitive landscaping mapping the key common trends
• Company profiling with detailed strategies, financials, and recent developments
• Supply chain trends mapping the latest technological advancements

Free Customization Offerings:

All the customers of this report will be entitled to receive one of the following free customization options:

• Company Profiling
  • Comprehensive profiling of additional market players (up to 3)
  • SWOT Analysis of key players (up to 3)
• Regional Segmentation
  • Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
  • Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances

Table of Contents

1 Executive Summary

2 Preface

• 2.1 Abstract
• 2.2 Stake Holders
• 2.3 Research Scope
• 2.4 Research Methodology
  • 2.4.1 Data Mining
  • 2.4.2 Data Analysis
  • 2.4.3 Data Validation
  • 2.4.4 Research Approach
• 2.5 Research Sources
  • 2.5.1 Primary Research Sources
  • 2.5.2 Secondary Research Sources
  • 2.5.3 Assumptions

3 Market Trend Analysis

• 3.1 Introduction
• 3.2 Drivers
• 3.3 Restraints
• 3.4 Opportunities
• 3.5 Threats
• 3.6 Application Analysis
• 3.7 Emerging Markets
• 3.8 Impact of Covid-19

4 Porters Five Force Analysis

• 4.1 Bargaining power of suppliers
• 4.2 Bargaining power of buyers
• 4.3 Threat of substitutes
• 4.4 Threat of new entrants
• 4.5 Competitive rivalry

5 Global Micronized Salt Market, By Grade

• 5.1 Introduction
• 5.2 Purity 98% - 99.5%
• 5.3 Purity Above 99.5%

6 Global Micronized Salt Market, By Application

• 6.1 Introduction
• 6.2 Bakery & Confectionery Products
• 6.3 Beverages
• 6.4 Canned/Preserved Fruits & Vegetables
• 6.5 Meat, Poultry & Sea Foods
• 6.6 Prepared Meals
• 6.7 Other Applications

7 Global Micronized Salt Market, By Geography

• 7.1 Introduction
• 7.2 North America
  • 7.2.1 US
  • 7.2.2 Canada
  • 7.2.3 Mexico
• 7.3 Europe
  • 7.3.1 Germany
  • 7.3.2 UK
  • 7.3.3 Italy
  • 7.3.4 France
  • 7.3.5 Spain
  • 7.3.6 Rest of Europe
• 7.4 Asia Pacific
  • 7.4.1 Japan
  • 7.4.2 China
  • 7.4.3 India
  • 7.4.4 Australia
  • 7.4.5 New Zealand
  • 7.4.6 South Korea
  • 7.4.7 Rest of Asia Pacific
• 7.5 South America
  • 7.5.1 Argentina
  • 7.5.2 Brazil
  • 7.5.3 Chile
  • 7.5.4 Rest of South America
• 7.6 Middle East & Africa
  • 7.6.1 Saudi Arabia
  • 7.6.2 UAE
  • 7.6.3 Qatar
  • 7.6.4 South Africa
  • 7.6.5 Rest of Middle East & Africa

8 Key Developments

• 8.1 Agreements, Partnerships, Collaborations and Joint Ventures
• 8.2 Acquisitions & Mergers
• 8.3 New Product Launch
• 8.4 Expansions
• 8.5 Other Key Strategies

9 Company Profiling

• 9.1 ACI Limited
• 9.2 Cargill, Inc
• 9.3 Cerebos Ltd
• 9.4 Cheetham Salt Limited
• 9.5 Ciech S.A
• 9.6 Compass Minerals America, Inc
• 9.7 Dominion Salt Limited
• 9.8 Kensalt Ltd
• 9.9 Morton Salt, Inc
• 9.10 Nirma Limited
• 9.11 Tata Chemicals Ltd
• 9.12 WA Salt Group
• 9.13 Wilson Salt Limited