Fortified Salts Market Top Companies - AkzoNobel, Tata Chemicals, Compass Minerals, Ankur Salt, Sambhar Salt, United Salt Corporation
Fortified Salts Market Size By Product (Iodine [By Application {Hospitality & Service, Food Processing, Household & Animal Feed}, By Distribution Channel {Hypermarket & Supermarket, Grocery Stores, Online Stores}], Iron[By Application {Hospitality & Servi
(EMAILWIRE.COM, August 11, 2018 ) The Fortified Salts Market Worth USD 7 Billion by 2024; according to a new research report by Global Market Insights, Inc.
Shifting consumer preference for nutritional diet coupled with increasing malnutrition concerns among children and adults will propel product demand. Rising prevalence of anemia due to iron deficiency will drive fortified salts market growth.
Fortified salts market is slated to witness a lucrative growth over the coming years, subject to the products ability to curb the deficiency of micronutrients such as iron and iodine in diet that may give rise to ailments such as anemia and goiter. As per NCBI reports, a diet deficient in iron and iodine was the main cause of health-related ailments among more than 33% of the global population in 2002. Moreover, WHO has clearly recommended that a proper diet be fortified with iodine for women and children to reduce the occurrence of nutrition-related disorders such as goiter and thyroid, which may, in all likelihood, propel fortified salts market share.
Get Sample Copy of This Report @ https://www.gminsights.com/request-sample/detail/1880
Growing demand for food preservation due to increasing preference for processed & packaged food will propel the fortified salts market. Growing hospitality & services industry along with increasing multi-cuisine restaurants are the key factors supporting the industry growth.
Positive outlook in curing dental caries along with rising dental hygiene concerns are the key factors fueling the industry growth. Globally, 60- 90% of school going children and almost every adult has dental cavities.
High profit margins will enhance vendors and manufacturers to boost production capacity and improve supply chain network for revenue growth.
Online stores are the fastest growing distribution channel with gains over 7% up to 2024. Increasing preference for online shopping owing to hectic & busy lifestyles will drive the industry growth in this segment. Expansion in the e-commerce industry along with provision of discounts & offers has provided positive outlook for fortified salts demand. Global online retail sales are growing and is estimated to surpass 8.5% of total retail spending in 2018 as compared to 7.4% in 2016.
Grocery stores were valued over USD 1.5 billion in 2016. Increasing product consumption in household along with buying convenience of the grocery stores will support the product demand. Health threats including kidney ailments and tuberculosis due to overconsumption of product may hamper the product demand.
Browse Full Report Details @ https://www.gminsights.com/industry-analysis/fortified-salts-market
Hospitality & service industry was valued over USD 900 million in 2016. Rising demand for processed meat including preservation of for canned hams, hams, roasts, fish and meatballs will drive the demand. By 2025, the consumption of meat is predicted to increase by as much as another 100%.
Household industry is estimated to generate over 5,800 kilotons in volume by 2024. High application scope as cooking salt owing to its health benefits has enhanced the product scope. Changing lifestyle along with increasing disposable income will support the fortified salts market.
Iodine will witness gains at 7.1% up to 2024. Iodine deficiency causing fatigue, constipation, chances of stillbirth in pregnant women, depression, abnormal weight gain and goiter will propel the product penetration.
Double fortified salts were valued around USD 845 million in 2016. Growing anemia concerns among children and women globally will surge the product demand.
North America fortified salts market was worth over USD 1.5 billion in 2016. Increase in occurrence of obese population, gestational hypertension, miscarriages, and neurological disorders including cretinism among newborns will drive industry growth.
Asia Pacific market is anticipated to worth over USD 2.4 billion by 2024. Increasing consumer awareness pertaining to health & diet along with improving standard of living will propel the industry growth.
Vietnam is the fastest growing country in APAC with CAGR over 7.5% up to 2024. Presence of numerous finest salt producing companies along with increasing exports are the major factors fueling the fortified salts market size.
Global fortified salts industry is fragmented in nature due to large presence of regional manufacturers. Cargill, AkzoNobel, Tata Chemicals, Compass Minerals, Ankur Salt, Sambhar Salt, China National Salt Industry Windsor Salt, United Salt Corporation, Kutch Brine Chem Industries, Ahir Salt Industry and Schweizer Salinen are the major industry players.
Inquiry before buying @ https://www.gminsights.com/inquiry-before-buying/1880
Data Tables
TABLE 1 Fortified salts industry 3600 synopsis, 2013 - 2024
TABLE 2 Fortified salts market, 2013 - 2016, (Kilotons) (USD Million)
TABLE 3 Fortified salts market, 2017 - 2024, (Kilotons) (USD Million)
TABLE 4 Global fortified salts market estimates by region, 2013 - 2024 (Kilotons) (USD Million)
TABLE 5 Global fortified salts market estimates by product, 2013 - 2024 (Kilotons) (USD Million)
TABLE 6 Global fortified salts market estimates by application, 2013 - 2024 (Kilotons) (USD Million)
TABLE 7 Global fortified salts market estimates by distribution channel, 2017 - 2024 (Kilotons) (USD Million)
TABLE 8 Industry ecosystem analysis
TABLE 9 Growth drivers
TABLE 10 Industry pitfalls & challenges
TABLE 11 Iodine market estimates and forecast, 2013 2024, (Kilotons) (USD Million)
TABLE 12 Iodine market estimates and forecast by region, 2013 2024, (Kilotons)
TABLE 13 Iodine market estimates and forecast by region, 2013 2024, (USD Million)
TABLE 14 Iron market estimates and forecast, 2013 2024, (Kilotons) (USD Million)
TABLE 15 Iron market estimates and forecast by region, 2013 2024, (Kilotons)
TABLE 16 Iron market estimates and forecast by region, 2013 2024, (USD Million)
TABLE 17 Double fortified salts market estimates and forecast, 2013 2024, (Kilotons) (USD Million)
TABLE 18 Double fortified salts market estimates and forecast by region, 2013 2024, (Kilotons)
TABLE 19 Double fortified salts market estimates and forecast by region, 2013 2024, (USD Million)
TABLE 20 Hospitality & service industry market estimates and forecast, 2013 2024, (Kilotons) (USD Million)
TABLE 21 Hospitality & service industry market estimates and forecast by region, 2013 2024, (Kilotons)
TABLE 22 Hospitality & service industry estimates and forecast by region, 2013 2024, (USD Million)
TABLE 23 Food processing industry estimates and forecast, 2013 2024, (Kilotons) (USD Million)
TABLE 24 Food processing industry estimates and forecast by region, 2013 2024, (Kilotons)
TABLE 25 Food processing industry estimates and forecast by region, 2013 2024, (USD Million)
Continue
About Global Market Insights:
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.
Contact Us:
Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Phone: 1-302-846-7766
Toll Free: 1-888-689-0688
Email: sales@gminsights.com
Web: https://www.gminsights.com
Explore Our Blog @ http://algosonline.com/news
Connect with us: Facebook | Google+ | LinkedIn | Twitter
Shifting consumer preference for nutritional diet coupled with increasing malnutrition concerns among children and adults will propel product demand. Rising prevalence of anemia due to iron deficiency will drive fortified salts market growth.
Fortified salts market is slated to witness a lucrative growth over the coming years, subject to the products ability to curb the deficiency of micronutrients such as iron and iodine in diet that may give rise to ailments such as anemia and goiter. As per NCBI reports, a diet deficient in iron and iodine was the main cause of health-related ailments among more than 33% of the global population in 2002. Moreover, WHO has clearly recommended that a proper diet be fortified with iodine for women and children to reduce the occurrence of nutrition-related disorders such as goiter and thyroid, which may, in all likelihood, propel fortified salts market share.
Get Sample Copy of This Report @ https://www.gminsights.com/request-sample/detail/1880
Growing demand for food preservation due to increasing preference for processed & packaged food will propel the fortified salts market. Growing hospitality & services industry along with increasing multi-cuisine restaurants are the key factors supporting the industry growth.
Positive outlook in curing dental caries along with rising dental hygiene concerns are the key factors fueling the industry growth. Globally, 60- 90% of school going children and almost every adult has dental cavities.
High profit margins will enhance vendors and manufacturers to boost production capacity and improve supply chain network for revenue growth.
Online stores are the fastest growing distribution channel with gains over 7% up to 2024. Increasing preference for online shopping owing to hectic & busy lifestyles will drive the industry growth in this segment. Expansion in the e-commerce industry along with provision of discounts & offers has provided positive outlook for fortified salts demand. Global online retail sales are growing and is estimated to surpass 8.5% of total retail spending in 2018 as compared to 7.4% in 2016.
Grocery stores were valued over USD 1.5 billion in 2016. Increasing product consumption in household along with buying convenience of the grocery stores will support the product demand. Health threats including kidney ailments and tuberculosis due to overconsumption of product may hamper the product demand.
Browse Full Report Details @ https://www.gminsights.com/industry-analysis/fortified-salts-market
Hospitality & service industry was valued over USD 900 million in 2016. Rising demand for processed meat including preservation of for canned hams, hams, roasts, fish and meatballs will drive the demand. By 2025, the consumption of meat is predicted to increase by as much as another 100%.
Household industry is estimated to generate over 5,800 kilotons in volume by 2024. High application scope as cooking salt owing to its health benefits has enhanced the product scope. Changing lifestyle along with increasing disposable income will support the fortified salts market.
Iodine will witness gains at 7.1% up to 2024. Iodine deficiency causing fatigue, constipation, chances of stillbirth in pregnant women, depression, abnormal weight gain and goiter will propel the product penetration.
Double fortified salts were valued around USD 845 million in 2016. Growing anemia concerns among children and women globally will surge the product demand.
North America fortified salts market was worth over USD 1.5 billion in 2016. Increase in occurrence of obese population, gestational hypertension, miscarriages, and neurological disorders including cretinism among newborns will drive industry growth.
Asia Pacific market is anticipated to worth over USD 2.4 billion by 2024. Increasing consumer awareness pertaining to health & diet along with improving standard of living will propel the industry growth.
Vietnam is the fastest growing country in APAC with CAGR over 7.5% up to 2024. Presence of numerous finest salt producing companies along with increasing exports are the major factors fueling the fortified salts market size.
Global fortified salts industry is fragmented in nature due to large presence of regional manufacturers. Cargill, AkzoNobel, Tata Chemicals, Compass Minerals, Ankur Salt, Sambhar Salt, China National Salt Industry Windsor Salt, United Salt Corporation, Kutch Brine Chem Industries, Ahir Salt Industry and Schweizer Salinen are the major industry players.
Inquiry before buying @ https://www.gminsights.com/inquiry-before-buying/1880
Data Tables
TABLE 1 Fortified salts industry 3600 synopsis, 2013 - 2024
TABLE 2 Fortified salts market, 2013 - 2016, (Kilotons) (USD Million)
TABLE 3 Fortified salts market, 2017 - 2024, (Kilotons) (USD Million)
TABLE 4 Global fortified salts market estimates by region, 2013 - 2024 (Kilotons) (USD Million)
TABLE 5 Global fortified salts market estimates by product, 2013 - 2024 (Kilotons) (USD Million)
TABLE 6 Global fortified salts market estimates by application, 2013 - 2024 (Kilotons) (USD Million)
TABLE 7 Global fortified salts market estimates by distribution channel, 2017 - 2024 (Kilotons) (USD Million)
TABLE 8 Industry ecosystem analysis
TABLE 9 Growth drivers
TABLE 10 Industry pitfalls & challenges
TABLE 11 Iodine market estimates and forecast, 2013 2024, (Kilotons) (USD Million)
TABLE 12 Iodine market estimates and forecast by region, 2013 2024, (Kilotons)
TABLE 13 Iodine market estimates and forecast by region, 2013 2024, (USD Million)
TABLE 14 Iron market estimates and forecast, 2013 2024, (Kilotons) (USD Million)
TABLE 15 Iron market estimates and forecast by region, 2013 2024, (Kilotons)
TABLE 16 Iron market estimates and forecast by region, 2013 2024, (USD Million)
TABLE 17 Double fortified salts market estimates and forecast, 2013 2024, (Kilotons) (USD Million)
TABLE 18 Double fortified salts market estimates and forecast by region, 2013 2024, (Kilotons)
TABLE 19 Double fortified salts market estimates and forecast by region, 2013 2024, (USD Million)
TABLE 20 Hospitality & service industry market estimates and forecast, 2013 2024, (Kilotons) (USD Million)
TABLE 21 Hospitality & service industry market estimates and forecast by region, 2013 2024, (Kilotons)
TABLE 22 Hospitality & service industry estimates and forecast by region, 2013 2024, (USD Million)
TABLE 23 Food processing industry estimates and forecast, 2013 2024, (Kilotons) (USD Million)
TABLE 24 Food processing industry estimates and forecast by region, 2013 2024, (Kilotons)
TABLE 25 Food processing industry estimates and forecast by region, 2013 2024, (USD Million)
Continue
About Global Market Insights:
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.
Contact Us:
Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Phone: 1-302-846-7766
Toll Free: 1-888-689-0688
Email: sales@gminsights.com
Web: https://www.gminsights.com
Explore Our Blog @ http://algosonline.com/news
Connect with us: Facebook | Google+ | LinkedIn | Twitter
Contact Information:
Global Market Insights, Inc.
Arun Hegde
Tel: 1-888-689-0688
Email us
----
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Global Market Insights, Inc.
Arun Hegde
Tel: 1-888-689-0688
Email us
----
This press release is posted on EmailWire.com -- a global newswire that provides Press Release Distribution Services with Guaranteed Results