Pink Salt Market, by Type (Iodized, Non-Iodized), Application (Foods & Beverages, Industry, Salt Lamps, Salt Candle Holder, Aeromatherapy, Bath Salts, Salt Slabs, Animal Salt Licks), Distribution Channel (Supermarkets and Hypermarkets, Convenience Store, Online Retail, Others), Region (North America, Europe, Asia Pacific, Middle East and Africa, South America) – Industry Trends and Forecast till 2030

The Pink Salt Market is estimated to reach USD XX.XX billion in 2021 and is expected to grow at a CAGR of xx.x% during the forecast period. Pink Himalayan salt is a pink-colored salt that is naturally found. It is a healthier alternative to conventional salt since it includes trace levels of magnesium, potassium, as well as calcium, among other minerals. Moreover, the demand for pink salt is rising in emerging nations as they become more westernized.

Furthermore, in U.K, Canada, and U.S, ethnic and genuine cuisine are in high demand. Because salt is widely utilized in Asian cuisines such as Indian, Chinese, Japanese, as well as Korean, among others, demand for it is growing rapidly, driving the industry forward. Furthermore, rising demand for clean label organic and ethnic items is propelling the market.

The growing use of the social media and the internet is assisting in the spread of numerous health and fitness trends throughout the world. The growing knowledge of the health advantages of pink Himalayan salt is resonating well with the Gen-Z as well as millennial populations, contributing considerably to total market growth. The growing trend of utilising visually attractive ingredients, particularly among the social media-savvy population, is driving up demand for pink salt and, as a result, boosting market growth.

On the other hand, high cost of salt may restrict the market during the forecast period. But due to growing awareness of the health advantages of pink Himalayan salt is expected to boost industry growth and open up new opportunities for the various marketers to enter the pink salt market during the forecast period.

Impact of COVID-19 on Pink Salt Market

The QMI is closely observing the impact of covid-19 on pink salt market. Due to shut downs, travel bans, and company shutdowns, the COVID-19 has had a negative impact on economies and sectors in a number of nations.

The closure of numerous facilities and factories has had a detrimental influence on global supply chains, negatively affecting manufacturing, delivery times, and product sales in the worldwide market. Hence, it is affected pink salt negatively by limiting the market growth globally.

 TABLE 1: PINK SALT MARKET OVERALL SNAPSHOT

Market Segmentation

The pink salt market report has been segmented by type, application, distribution, and region.

FIGURE 2: PINK SALT MARKET SEGMENTATION

Pink Salt Market, by Type

Based on type, market is segmented in two types of pink salt that is iodized and non-iodized. Among these, iodized segment holds the largest market share in global pink salt market in 2021 and is estimated to remain largest during the forecast period. As iodine is abundant in Himalayan salt. The clean taste of these opaque pink salt blocks is well-known, which is driving the iodized pink salt type segment. Furthermore, they have a deep flavor and the presence of iron oxide is responsible for the eye-catching pink color.

Pink Salt Market, by Application

Based on application, the market segmented into foods & beverages, salt lamps, salt candle holder, aeromatheraphy, bath salts, salt slabs, animal salt licks. Among these, foods & beverages segment holds the largest market share in global pink salt market in 2021 and is estimated to remain largest during the forecast period.

Pink Himalayan salt is extensively utilized in the food and beverage industry because it gives meals a distinct flavor and texture. It may also be used to season, prepare, and preserve meals. The inclusion of trace minerals in pink Himalayan salt is gaining flavor among health food , as it helps to create electrolytic equilibrium, enhance hydration, and prevent hyperactive thyroid and iodine shortage.

Pink Salt Market, by Distribution

Based on distribution, market is segmented into supermarkets and hypermarkets, convenience store, online, retail, others. Among these, supermarkets and hypermarkets segment holds the largest market share in global pink salt market in 2021 and is estimated to remain largest during the forecast period.

Supermarkets and Hypermarkets are large stores and as they provides heavy discounts and offers in comparison to retail and convenience, so it is likely to hold leading position in distribution segment of pink salt.

Pink Salt Market, by Region

Based on region, the market is segmented into North America, Europe, Asia Pacific, the Middle East and Africa, and South America. Among these, Middle East segment holds the largest market share in global pink salt market in 2021 and is estimated to remain largest during the forecast period. Because people are becoming more aware of the numerous health and skin advantages. By its vibrant mineral profile, the category's sales have been boosted by the rising incidence of hypertension and mineral deficiency-related illnesses in the Middle East.

TABLE 2: GLOBAL PINK SALT MARKET OVERVIEW

 

FIGURE 3: GLOBAL PINK SALT MARKET (USD MILLION), 2021–2030

 Recent Developments in the Global Pink Salt Market

  • April 2020-Morton Salt Inc. is launching new packaging for its entire line of retail gourmet salt products  in order to improve sales.

What Does This Report Provide?

This report provides a detailed understanding of the pink salt market from qualitative and quantitative perspectives during the forecast period. The report also provides dynamic indicators with potential impact on the market during the forecast period and an in-depth analysis of the leading companies operating in the market.

The major market drivers, challenges, and opportunities for the pink salt market have been covered in the report. This report further includes the market shares of the leading companies operating in the global pink salt market, along with their production capacities and the growth strategies adopted by them.

Market Segmentation:

By Type

  • Iodized
  • Non-Iodized

By Application:

  • Foods & Beverages
  • Salt Lamps
  • Salt Candle Holder
  • Aeromatherapy
  • Bath Salts
  • Salt Slabs
  • Animal Salt Licks

By Distribution:

  • Supermarkets and Hypermarkets
  • Convenience Store
  • Retail
  • Online
  • Others

By Region:

North America Pink Salt Market

  • North America, by Country
    • U.S.
    • Canada
    • Mexico
  • North America, by Type
  • North America By Application
  • North America By Distribution

Europe Pink Salt Market

  • Europe, by Country
    • Germany
    • U.K.
    • France
    • Italy
    • Spain
    • Russia
    • The Rest of Europe 
  • Europe By Type
  • Europe By Application
  • Europe By Distribution

Asia-Pacific Pink Salt Market

  • Asia-Pacific, by Country
    • China
    • India
    • Japan
    • South Korea
    • Australia
    • The Rest of Asia-Pacific 
  • Asia-Pacific By Type
  • Asia-Pacific By Application
  • Asia-Pacific By Distribution

Middle East and Africa Pink Salt Market

  • Middle East and Africa, by Country 
    • The UAE
    • Saudi Arabia
    • Qatar
    • South Africa
    • The Rest of Middle East and Africa
  • Middle East And Africa By Type
  • Middle East And Africa By Application
  • Middle East And Africa By Distribution

South America Pink Salt Market

  • South America, by Country 
    • Brazil
    • Argentina
    • The Rest of South America
  • South America By Type
  • South America By Application
  • South America By Distribution

Major Companies: In this report, the major companies studied are: Himalayan Pink Salt, Besto Salt Co., Dhavat Enterprise and Sankh’s & Surya products.

Objectives of This Report:

  • To estimate the market size for the pink salt market on a regional and global basis.
  • To identify major segments in the pink salt market and evaluate their market shares and demand.
  • To provide a competitive scenario for the pink salt market with major developments observed by the key companies in the historic years.
  • To evaluate key factors governing the dynamics of pink salt market with their potential gravity during the forecast period.
  • To evaluate the leading company-wise pricing analysis for the mentioned applications.

Key Questioned Answered In The Study:

  • What are major growth drivers and market trends that impacting on the global pink salt market?
  • What the market size both in terms of value and volume for global pink salt market?
  • Who are leading market players and who are the new market players that operate in the global pink salt market with an estimated market share?
  • What are the future investment pockets and opportunity in the global pink salt market?
  • Major list of customers and potential futuristic customer list along with an estimated buying volume
  • Impact of covid-19 on global pink salt market

Customization:

This study is customized to meet your specific requirements:

  • By sub-segment
  • By client-specific country, type, and application market analysis
  • Pricing analysis along with the potential list of customers
  • Product-specific competitive analysis

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