The size of the Europe Gourmet salt Market is expected to be worth USD 2.72 billion in 2024 and grow at a CAGR of 5.48% from 2024 to 2029 to achieve USD 3.55 billion by 2029.
Gourmet salt is a naturally harvested sea salt with low levels of sodium. Gourmet salt is a special salt that is collected naturally without being refined. Gourmet salt is raw sea salt that is harvested naturally that adds extra flavor and seasoning to food. It does not usually contain additives and is usually low in sodium. Gourmet salt is rich in minerals and gives food a unique flavor. Gourmet salt has a high mineral content and high solubility. It can be added to other types of spices and herbs to enhance the flavor and color of the spices. In addition to its nutritional value, gourmet salt is coveted for its rich and vibrant color. The best-known gourmet salts include Peruvian pink salt, Hawaiian red and black salt, Himalayan pink salt, and Australian salt. Gourmet chefs use gourmet salt to add sophistication and enhance the sensory properties of the dish. Gourmet salt has a variety of uses including baking, salty foods, seafood, confectionery, and poultry. It is used to preserve canned food to increase shelf life. Increasing demand from the food and beverage and catering industry is expected to drive the European gourmet salt market during the forecast period.
The growing popularity of organic foods, increasing urbanization and rapid westernization are factors driving the growth of the global market for gourmet salt. Global demand is expected to see high growth in the future due to its positive characteristics such as color enhancement, food taste, rich food appearance, unique taste and pleasant aroma. Also, the use of gourmet salt for pickles and canning is another important driving force. They are hand-harvested and unrefined sea salt that gives food a rich texture. At the same time, it also helps to maintain the moisture content of the product. These salts are widely used in food canning and pickling applications as a preservative to increase shelf life. This use is expected to drive the growth of the global gourmet salt industry in the near future. Gourmet salt also applies to dressings and condiments. Additionally, gourmet salt is used to maintain the moisture content of the product. International culture has created a demand for traditional cuisine in large cities, which has led to an increase in the use of gourmet salt. This is due to the special flavors that allow you to incorporate traditional flavors and flavors into your food. This salt has also gained popularity among professional chefs in luxury hotels. The growing number of gourmets around the world over the past five years is having a positive impact on the global gourmet salt market. All of these are the main factors that are expected to drive the growth of the global gourmet salt market during the forecast period in terms of increased shelf life of food products. They are naturally harvested, contain no additives, and are low in sodium, making them preferred around the world. Increased health awareness and a higher incidence of health disorders caused by high levels of sodium in the body are expected to spur market growth. Gourmet salt dissolves quickly, is rich in minerals, and drives the market by giving food an exotic flavor. Live cooking shows and other gourmet meals encourage the use of gourmet salt. The industry is constantly looking to launch innovative products and adopt new strategies to increase market revenue. Additionally, the high mineral content in gourmet salt is beneficial to health, and the increasing demand for traditional dishes is another important factor that is expected to drive the growth of the global gourmet salt market.
Lack of consumer awareness and rising prices for gourmet salty products are expected to hamper the growth of the European gourmet salt market during the outlook period. Factors such as low adoption of natural salts, high cost, and limited product availability are expected to slow market growth. Gourmet salt is expensive due to its mineral content, color, unique and attractive taste that adds value to the dish. Gourmet salt is limited due to its small-scale production. As a result, the costs of collection, processing, labeling, marketing and transportation are higher, the prices of the products are much higher than those of conventional salt. The production cost is higher than that of traditional salt, this is mainly because gourmet salt requires proper care during transport. The price also depends on the typical sauces and whether they are hand-picked in exotic locations. This could hamper the growth outlook of the European gourmet salt market.
Fleur De Sel is mainly used for salads, vegetable dishes and grilled meats. They have an exotic flavor, better solubility, high mineral content, and better moisture. Traditional cuisine and the development of demand by expert chefs are expected to drive the growth of the entire global gourmet salt industry during the forecast period. Sel Gris will witness a market growth of more than 8% GAGR by 2024, which is used in culinary and decorative products. Because Sel Gris does not drain moisture from food, it is perfect for hearty foods like seasoning meats and vegetables.
Requests for meat and poultry processing will exceed US $ 500 million by 2025. Meat consumption in the Asia Pacific region is expected to increase as disposable income increases and interest in healthy lifestyles increases. in the next years. Bakery and confectionery are seen to be the fastest-growing applications, with an average annual increase of over 8.5% by 2025. This product is widely accepted in the bakery and confectionery sector due to its better food taste, flavor distinctive, appearance, color and aromatic properties.
Europe has been a major manufacturer and consumer of products due to the great demand for processed foods from European countries such as France, Spain, Germany and Italy. Europe, led by Germany and the United Kingdom, dominated the demand for the gourmet salt industry, accounting for more than 35% in 2019. An increase in the demand for nutritious food as the population ages to increase life expectancy will help with the demand for products. Currently, the region represents more than 24% of the population over 60 years of age.
Major Key Players in the Europe Gourmet Salt Market are Naturex S.A, Sensient Technology Corporation, D.D. Williamson & Co. Inc, MC Corporation, Chr. Hansen S / A, Fiorio Colori, Kalsec Inc, Archer Daniels Midland Company, Koninklijke DSM N.V, and Döhler Group
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