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Low Sodium Sea Salt Market Size
- Report ID: GMI10522
- Published Date: Jul 2024
- Report Format: PDF
Low Sodium Sea Salt Market Size
Low Sodium Sea Salt Market size was valued at USD 116.9 million in 2023 and is expected to grow at 6.9% CAGR from 2024 to 2032, because consumers are becoming more health conscious and there is a growing need for healthier table salt substitutes. Because low sodium sea salt is produced by evaporating saltwater, it has less sodium than conventional salt, which makes it a desirable option for people who are controlling high blood pressure or cardiovascular diseases.
The demand for low-sodium sea salt is rising as consumers become more conscious of the harmful effects of excessive sodium consumption on their health and seek better food options. Fine grains, flakes, and sprays are just a few of the products available in this sector, which appeal to a range of culinary applications and consumer preferences.
| Report Attribute | Details |
|---|---|
| Base Year: | 2023 |
| Low Sodium Sea Salt Market Size in 2023: | USD 116.9 Million |
| Forecast Period: | 2024–2032 |
| Forecast Period 2024–2032 CAGR: | 6.9% |
| 2024–2032 Value Projection: | USD 213.1 Million |
| Historical Data for: | 2021–2023 |
| No. of Pages: | 200 |
| Tables, Charts & Figures: | 172 |
| Segments covered: | By Product Type, By Form, By Distribution Channel |
| Growth Drivers: |
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| Pitfalls & Challenges: |
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For instance, the food and beverage sector play a significant role in the economy of Europe. The food and beverage sector in the European Union produced a value added of USD 248.76 billion and a turnover of USD 1.2 trillion in 2020.
According to FCC Food and Beverage Report 2023, sales of sweets and sugar items climbed by 6% YoY in 2022, outpacing sales of other foods by 5%. While overall volumes decreased by 1%, there were some positive developments in a few categories, such as gum (11%), frozen juice pops (6%), drink mixes (4%), and candy/chocolate (2%). The highest volume losses were observed in more expensive goods, such as maple syrup (-9%) and sugar alternatives (20%). Volumes of refined sugar decreased by less than 1% while prices increased by 10%.
The increasing number of e-commerce platforms is making low-sodium sea salt products more accessible and expanding their user base globally. Ultimately, partnerships between salt producers and health-conscious companies are contributing to increased product exposure and legitimacy, which is helping to accelerate the use of low-sodium sea salt.
Frequently Asked Questions (FAQ) :
Low Sodium Sea Salt Market Scope
