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Low Sodium Sea Salt Market Size

Report ID: GMI10522 Published Date: July 2024Report Format: PDF
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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.

 

Low Sodium Sea Salt Market

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.

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.

Author: Kiran Pulidindi, Kunal Ahuja
Frequently Asked Question(FAQ) :

Why is the demand for low sodium sea salt grains increasing?+

The grain segment will garner a 7.4% CAGR from 2024 to 2032 as it is frequently preferred for its strong flavor and ability to produce a pleasing crunch when used as a finishing touch on foods.

What is the size of low sodium sea salt market?+

The market size of low sodium sea salt achieved USD 116.9 million in 2023 and will record 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.

How big is North America low sodium sea salt industry?+

North America market is expected expand at 6.8% CAGR during 2024-2032, because of increased health awareness and a strong emphasis on limiting sodium intake due to common health problems such as hypertension and cardiovascular disease.

Who are the key players in low sodium sea salt market?+

A&B Ingredients, Inc, Atacama Sea Salt, Cargill, K+S Aktiengesellschaft, SaltWorks, Tata Consumer Products Limited, and THE LOW SODIUM SEA SALT COMPANY.

Low Sodium Sea Salt Market Scope

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