Farmington, Jan. 19, 2023 (GLOBE NEWSWIRE) -- The Global Vacuum Salt Market Stands At US$ 6.29 Billion In 2022 And Is Forecasted To Expand at a CAGR Of 4.4% By 2030. The purest form of salt is vacuum salt, which is also called highly refined and refined sea salt. To get salt out of the ground, water is pumped into a salt layer to make a salt solution or brine. A process called vacuum evaporation is used to make high-quality salt, which is then used to make vacuum salt. Vacuum salt is the market leader because it is used a lot in the food industry and in industries like making ice, preventing clumping, the chemical industry, etc. Vacuum salt has properties that make it feel different, like making food taste better. The use of vacuum salt in cooking as a seasoning and flavouring agent that makes food taste better also helps the market grow.
Request Sample Copy of Report “Vacuum Salt Market - Global Industry Analysis, Size, Share, Growth Opportunities, Future Trends, Covid-19 Impact, SWOT Analysis, Competition and Forecasts 2022 to 2030”, published by Contrive Datum Insights.
Recent Developments:
- In March 2020, K+S AKTIENGESELLSCHAFT will announce the complete sale of Operating Unit Americas Forward and will reorganize the company.
- In January 2020, Tata Salt published “Salt Therapy,” which uses the healing properties of salt to help fight the adverse effects of air pollution.
- In December 2017, AkzoNobel's Specialty Chemicals announced plans to expand high-purity vacuum salt production at its Delfzijl plant in the Netherlands.
Regional Outlook:
Asia-Pacific is the fastest-growing region in the world because its food service industry is growing and there are a lot of people living there. Rapid urbanisation and population growth have changed the way people eat processed and ready-to-eat foods like snacks, ready-to-eat meals, meat, and poultry. India and China are two of the countries that make the most vacuum salt in the world. All of these things have helped the regional market for vacuum salts grow.
As a well-established food and drink industry, Europe is seeing a lot of growth in the vacuum salt market. Since people are becoming more aware of how important high-quality food ingredients are, high-purity vacuum-evaporated salt is the best choice for cooking most foods. Several companies that make processed foods are also seeing demand. Manufacturers of animal feed are also using vacuum salting to make better feed. So, these things have made the regional market for vacuum salt grow.
North America is expected to grow a lot over the next few years because the food service industry is growing there. The regional vacuum salt market has grown because people eat a lot of ready-to-eat foods and meat products. Manufacturers in the chemical industry use vacuum salt a lot to make organic solvents and antimicrobials, which has also helped the market grow.
Buy this Premium Research Report@
https://www.contrivedatuminsights.com/buy/8628/?Mode=PM
Scope of Report:
| Report Attributes | Details |
| Growth Rate | CAGR of 4.4% from 2023 to 2030. |
| Revenue Forecast by 2022 | USD 6.29 Billion |
| By Type | Granular Vacuum Salt, Fine Vacuum Salt, Briquette Vacuum Salt, Other |
| By Application | Water Softeners & Water Treatment, De-icing, Anticaking, Flavoring Agents, Others |
| By End Use | Households, Industrial, Other |
| By Companies | K+S Aktiengesellschaft, CIECH S.A., Tata Chemicals Ltd., AkzoNobel N.V., Suedwestdeutsche Salzwerke AG, INEOS Group Limited, Dominion Salt Limited, Cerebos Ltd, Cheetham Salt Group, ACI Limited, WA Salt Group, Infosa |
| Regions and Countries Covered |
|
| Base Year | 2022 |
| Historical Year | 2017 to 2022 |
| Forecast Year | 2023 to 2030 |
Market Drivers
Vacuum salt is used as a flavouring agent and makes food and drinks taste and smell better. This salt is used to make a lot of different foods, like breads, ready-to-eat foods, drinks, and cured meats. Vacuum salting meets health and international rules, shortens the time it takes to make salt solutions for medicine, and lowers the cost of chemotherapy. In the coming years, it will drive market growth.
Vacuum salting is perfect for making feed for chickens and milk for cows. It is especially useful as a source of sodium in chicken feed that doesn't come from chloride. Vacuum salt is an important part of cow licks because it gives cows the salt and minerals they need and adds to what they normally eat. Cow licks can be used as regular salt blocks or as mineral salt blocks with important nutrients like cobalt, zinc, iron, copper, manganese, and iodine. So, many of the biggest players in the market are putting money into vacuum salt products for animal feed. This is expected to drive the growth of vacuum salt over the next few years.
Market Challenges
Manufacturers are raising the prices of vacuum salt products because they are in high demand. As a result, less people are buying vacuum salt products. In the last few years, the market demand for vacuum salt has been slowly going down because the price of animal feed is expected to go down. So, it's likely to slow the market's growth over the next few years.
Key Segments Covered:
Top Market Players:
K+S Aktiengesellschaft, CIECH S.A., Tata Chemicals Ltd., AkzoNobel N.V., Suedwestdeutsche Salzwerke AG, INEOS Group Limited, Dominion Salt Limited, Cerebos Ltd, Cheetham Salt Group, ACI Limited, WA Salt Group, Infosa, and others.
By Type
- Granular Vacuum Salt
- Fine Vacuum Salt
- Briquette Vacuum Salt
- Other
By End Use
- Households
- Industrial
- Other
By Application
- Water Softeners & Water Treatment
- De-icing
- Anticaking
- Flavoring Agents
- Others
Regions and Countries Covered
- North America: (US, Canada, Mexico, Rest of North America)
- Europe: (Germany, France, Italy, Spain, UK, Nordic Countries, Benelux Union, Rest of Europe)
- Asia-Pacific: (Japan, China, India, Australia, South Korea, Southeast Asia, Rest of Asia-Pacific)
- The Middle East & Africa: (Saudi Arabia, UAE, Egypt, South Africa, Rest of the Middle East & Africa)
- Latin America: (Brazil, Argentina, Rest of Latin America)
- Rest Of the World
Check out more related studies published by Contrive Datum Insights:
- Bakery Products Market - The Global Bakery Products Market size was valued at USD 216.4 Billion in 2022 and is projected to reach USD 287.9 Billion by 2030, growing at a CAGR of 4.1% from 2023 to 2030. In 2020, North America had a 28.25% share of the global market for bakery products. This share is expected to grow at a CAGR of 5.4% from 2022 to 2030.
- Coffee Market - The Global Coffee Market Size Is Anticipated To Reach USD 1,43,828.7 Million By 2029, Registering A CAGR Of 5.12% During 2023-2030. In 2019, 36.08% of the market was in Europe. Over the next five years, the market is expected to grow the fastest in Europe, at a CAGR of 4.72%.
- Sweet Sauces Market - The Global Sweet Sauces Market Size Is estimated to be worth US$ 2282.6 million in 2022, Registering A CAGR Of 4.1% Over The Forecast Period Of 2022–2030. In 2018, the North American market had the biggest share of the market.
Customization of the Report: The report can be customized as per client needs or requirements.For any queries, you can contact us on anna@contrivedatuminsights.com or +1 215-297-4078. Our sales executives will be happy to understand your needs and provide you with the most suitable reports.
About Us:
Contrive Datum Insights (CDI) is a global delivery partner of market intelligence and consulting services to officials at various sectors such as investment, information technology, telecommunication, consumer technology, and manufacturing markets. CDI assists investment communities, business executives, and IT professionals to undertake statistics-based accurate decisions on technology purchases and advance strong growth tactics to sustain market competitiveness. Comprising of a team size of more than 100 analysts and cumulative market experience of more than 200 years, Contrive Datum Insights guarantees the delivery of industry knowledge combined with global and country-level expertise.
Social: Facebook / LinkedIn / Twitter
Contact Us:
Anna B. | Head Of Sales
Contrive Datum Insights
Phone: +91 9834816757 | +1 2152974078
Email: anna@contrivedatuminsights.com
Website:
https://www.contrivedatuminsights.com
Contrive Datum Insights Press Releases
Latest Contrive Datum Insights Latest Reports
