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Vacuum Salt Market Size

  • Report ID: GMI11718
  • Published Date: Oct 2024
  • Report Format: PDF

Vacuum Salt Market Size

The global vacuum salt market size was valued at USD 8.3 billion in 2023 and is projected to expand at over 4.8% CAGR from 2024 to 2032. Vacuum salt, a highly purified form produced through vacuum evaporation, is widely used in food processing, pharmaceuticals, and industrial applications due to its consistent purity and granularity. The market for vacuum salt is expanding, driven by increasing demand in the food and beverage industry and water treatment sectors. According to the U.S. Geological Survey, the total domestic salt production in the United States was approximately 42 million metric tons in 2020, with vacuum pan salt contributing significantly to this output.

 

Emerging markets, particularly in Asia-Pacific, present substantial growth opportunities due to population growth and industrialization. The industry is focusing on sustainable production methods, premium food-grade products, and meeting rising demand from chemical and pharmaceutical sectors. The U.S. Food and Drug Administration (FDA) recognizes the widespread use of sodium chloride, including vacuum salt, in various food applications, underscoring its importance in the food industry.
 

The vacuum salt market is experiencing growth due to increasing demand across various industries. According to the U.S. Geological Survey, the total domestic salt production in the United States reached approximately 42 million metric tons in 2020, with vacuum pan salt accounting for a significant portion. The food and beverage sector remains a major consumer, while industrial applications, particularly in water treatment, continue to drive demand. The U.S. Environmental Protection Agency reports that over 34 billion gallons of wastewater are treated daily in the United States, highlighting the ongoing need for high-quality salt in water treatment processes.
 

Additionally, the U.S. Food and Drug Administration's stringent regulations on salt quality in pharmaceuticals and food products further support the market's expansion. These factors, combined with growing health awareness and the use of premium-grade salt in personal care products, contribute to the steady growth of the market.
 

The vacuum salt market faces significant challenges, including high production costs and environmental concerns. According to the U.S. Geological Survey, the total domestic salt production in 2021 was approximately 42 million metric tons, with vacuum pan salt accounting for about 6% of this production. The energy-intensive nature of vacuum salt production contributes to higher costs, potentially impacting profitability.
 

Environmental regulations pose additional challenges, as the U.S. Environmental Protection Agency reports that salt mining and processing can affect water quality and ecosystems. The market is also influenced by weather patterns, with the Federal Highway Administration noting that approximately 20 million tons of road salt are used annually for de-icing, subject to seasonal variations. These factors, combined with logistical challenges in maintaining consistent supply chains for high-purity salt across global markets, present ongoing obstacles for the vacuum salt industry.

Authors: Kiran Pulidindi, Kunal Ahuja

Frequently Asked Questions (FAQ) :

The market size of vacuum salt reached USD 8.3 billion in 2023 and is set to grow at a 4.8% CAGR from 2024 to 2032, driven by increasing demand in the food and beverage industry and water treatment sectors.

The fine segment is anticipated to reach USD 7.2 billion by 2032, growing at a CAGR of over 5% during the forecast period, propelled by the demand for high-purity, consistent-quality salt in various industries.

The supermarkets/hypermarkets segment is expected to observe around 4.3% CAGR through 2032, with a market size of USD 3.5 billion. These retail channels play a crucial role in distributing vacuum salt, providing consumers with extensive access to a range of products.

The Europe market is projected to reach approximately USD 4.3 billion, with a 4.6% CAGR from 2024 to 2032. The market experiences robust demand across various industries, including food processing, pharmaceuticals, and water treatment.

Top companies in the industry include AkzoNobel, INEOS Group, Dominion Salt Limited, Cerebos Ltd, Cheetham Salt, ACI Limited, WA Salt Group, Infosa, and Nirma Limited Company.

Vacuum Salt Market Scope

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Premium Report Details

  • Base Year: 2023
  • Companies covered: 9
  • Tables & Figures: 172
  • Countries covered: 21
  • Pages: 200
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