(Food-Beverage-News.Com, September 26, 2017 ) According to the report Europe Gourmet salt Market, published by Market Data Forecast the Market has been estimated at USD 338.25 Million in 2016 and is projected to reach USD 448.40 Million by 2021, at a CAGR of 5.80% during the forecast period from 2016 to 2021. Gourmet salts are unrefined and high-quality salts used in exotic cuisines to enhance taste, flavor, texture and appeal of food. They are also used for preserving canned food products in order to store food item for longer duration. Gourmet salts due to their high preservative characteristics are finding their application in meat & seafood processing industry.
The market for gourmet salts is mainly driven due to growing cookery and food shows, along with rising gourmet restaurants. Also, rising living standard of consumers and increasing commercialization of food industry are driving the market growth. But, the market growth can be constrained due to high price associated with gourmet salts in comparison to conventional salts as a result of high cost involved during its harvesting.
Europe market for Gourmet salt is segmented based on type, source, and application. By type, the market is further sub-segmented into Fleur de Sel, Sel Gris, Himalayan Salt, Flake Salt, Specialty Salt. By application, the market is further sub-segmented into Bakery & Confectionery, Meat & Poultry Products, Seafood Products, Sauces & Savory. Fleur de sel is the dominating segment, followed by other gourmet salts. On the basis of application, bakery and confectionary segment is expected to contribute maximum revenue to the overall gourmet salts market.
Geographically, Europe market for Gourmet salt is segmented into Germany, U.K., Spain, France and Italy. Europe is the biggest product consumer as well as manufacturer on account of huge processed food demand, and is hence, the largest market for gourmet salt in the globe. Europe’s market players are mainly concentrating on expanding their consumer base by investing more in R&D and introducing new products. Morton Salt, Inc., Saltworks, Inc., Murray River Gourmet Salt, Infosa, Cargill, Inc., Alaska Pure, Cheetham Salt Ltd., Pyramid Salt Pty. Ltd., Maldon Crystal Salt Co. and Amagansett Sea Salt Co., are the major players of Europe Gourmet salt market.
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