Gourmet Salts Market By Type (Fleur De Sel, Coarse Salt, Himalayan Salt, Flake Salt), By Application (Meat And Poultry, Confectionery And Bakery, Sauces, Desserts) - Growth, Future Prospects And Competitive Analysis, 2016 - 2023

This report, titled "Gourmet Salts Market: Growth, Future Prospects, and Competitive Analysis, 2016–2023," offers strategic insights into the trends in the gourmet salts market along with the market size and forecast for the duration of 2013–2023. The said research study incorporates an in-depth analysis of multiple market segments based on type, application, and geographical distribution.

The global gourmet salts market is becoming increasingly competitive with the introduction of new products by market players to reach their full capabilities and gain an international footprint. In addition, several players are also focused on developing niche products for the market. The rapid growth of this market has also resulted in the creation of further skilled job opportunities in major hubs spread across North America, Asia Pacific, and Europe.

Based on type, the global gourmet salts market is categorized into fleur de sel, coarse salt, Himalayan salt, flake salt, and others. On the basis of application, the global gourmet salts market is segmented into meat and poultry, confectionery and bakery, sauces, desserts, and others. In addition, food companies are the major clients for these flavors. The market size and forecast for all the segments considered are presented in this report for the period 2013–2023, along with their respective CAGRs for the forecast period 2016–2023 in terms of value).

In terms of geographical distribution, the global gourmet salt market is studied for five major regions, namely, North America, Europe, Asia-Pacific, Latin America, the Middle East, and Africa. Market size and forecasts for each regional and country-level market are included in the report for the considered periods.

To elaborate further, the geographical distribution of the global gourmet salts market is as follows:

• North America
  • U.S.
  • Canada
• Europe
  • Germany
  • France
  • Italy
  • U.K.
  • Russia
  • Rest of Europe
• Asia-Pacific
  • India
  • China
  • Japan
  • Rest of Asia-Pacific
• Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
• Middle East and Africa
  • GCC Countries
  • South Africa
  • Rest of Middle East and Africa

Along with the quantitative information sets, this report also provides qualitative information, such as market dynamics and an executive summary, for the global gourmet salts market. The report also includes tools to help readers with competitive mappings, such as competition assessment and appealing investment propositions. This study concludes with a company profile section. This section includes major information about the key companies engaged in the development and provision of gourmet salts.

On the basis of type, the gourmet salt market is categorized into the following types:

• Fleur de sel
• Coarse Salt
• Himalayan Salt
• Flake Salt
• Others

The gourmet salts market is also segmented on the basis of types, such as fleur de sel, coarse salt, Himalayan salt, flake salt, and others. In 2015, the fleur de sel segment contributed the most to the total revenue of the gourmet salts market. The segment is expected to expand at a stupendous compound annual growth rate over the forecast period. Rising demand for gourmet salt in order to increase the production of confectionery, ice cream, and desserts is anticipated to bolster the growth of the segment over the forecast period. Fleur de sel salt is one of the most popular gourmet salts and is highly utilized in vegetable salads and dishes, as well as roasted meat, which is expected to expand the growth of this segment between 2016 and 2023.

On the basis of application, the gourmet salts market is categorized into the following types:

• Meat and poultry
• Confectionery and bakery
• Sauces
• Desserts
• Others

The gourmet salts market is also segmented on the basis of application, such as meat and poultry, confectionery and bakery, sauces, desserts, and others. In 2015, the confectionery and bakery segments contributed the most to the total revenue of the gourmet salts market. The segment is expected to expand at a stupendous compound annual growth rate over the forecast period. A rise in the adoption of gourmet recipes among households is anticipated to impel the growth of the meat and poultry segments during the forecast period. The meat and poultry segment is likely to witness robust growth in terms of CAGR as well between 2016 and 2023.

On the basis of geography, the global gourmet salts market is segmented into the following categories:

• North America
• Europe
• Asia Pacific
• Middle East and Africa (MEA)
• Latin America (LATAM)

Rising awareness among people related to changing preferences related to cuisines has intensified the growth of the worldwide gourmet salts market. Apart from this, higher personal disposable income, especially in developing countries, has strengthened the purchasing power of households to spend on multi-cuisines, which has stimulated the demand for gourmet salts over the past few years.

The global gourmet salts market has been categorized by geography, which includes Europe, North America, Asia Pacific, and the Rest of the World (including Latin America and the Middle East). In 2015, Europe dominated the market with a contribution of around 40% of the total revenue of the global gourmet salts market. Due to company expansion and higher disposable income, the North American and Asia Pacific regions are anticipated to gain traction in terms of demand for gourmet salts over the forecast period.

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