“Table Salt Market” Table salt is the most commonly used type of salt, and is typically refined in order to remove impurities.
Market Analysis and Insights: Global Table Salt Market
Due to the COVID-19 pandemic, the global Table Salt market size is estimated to be worth USD million in 2023 and is forecast to a readjusted size of USD million by 2028 with a CAGR of % during the review period. Fully considering the economic change by this health crisis, Halite accounting for % of the Table Salt global market in 2021, is projected to value USD million by 2028, growing at a revised % CAGR in the post-COVID-19 period. While Food & Beverage Industry segment is altered to an % CAGR throughout this forecast period.
China Table Salt market size is valued at USD million in 2021, while the US and Europe Table Salt are USD million and USD million, severally. The proportion of the US is % in 2021, while China and Europe are % and % respectively, and it is predicted that China proportion will reach % in 2028, trailing a CAGR of % through the analysis period. Japan, South Korea, and Southeast Asia are noteworthy markets in Asia, with CAGR %, %, and % respectively for the next 6-year period. As for the Europe Table Salt landscape, Germany is projected to reach USD million by 2028 trailing a CAGR of % over the forecast period.
The global key manufacturers of Table Salt include Akzo Nobel Salt Inc, Dampier Salt, Compass Minerals, K+S Salz GmbH, Salins, Südwestdeutsche Salzwerke, Salinen Austria, British Salt Company and Cargill, Inc. etc. In 2021, the global top five players have a share approximately % in terms of revenue.
Global Table Salt Scope and Segment
Table Salt market is segmented by Type and by Application. Players, stakeholders, and other participants in the global Table Salt market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by Type and by Application for the period 2017-2028.
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The Major Players in the Industrial Table Salt Market include:
- Akzo Nobel Salt Inc
- Dampier Salt
- Compass Minerals
- K+S Salz GmbH
- Südwestdeutsche Salzwerke
- Salinen Austria
- British Salt Company
- Cargill, Inc
By Product Types:
- Sea Salt
- Food & Beverage Industry
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