(MENAFN- The Express Wire) Global Mineral Salt Ingredients Market Growth Insights 2020 to 2023- Comprehensive Study, Share, Size, Revenue, Outlook, Massive Growth and Forecast, Development Status and Competitive Landscape
Posted on Jul 15 2020 5:36 AM
"The Mineral Salt Ingredients Market Report scrutinizes the market by key industry peers, describe to define and analyses opportunities, trend and growth value.
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The " Mineral Salt Ingredients Market " Research report 2020 sheds light on manufacturers details with best facts and figures, meaning, definition, SWOT analysis, expert opinions and growth of Mineral Salt Ingredients industry in upcoming years. This report also provides in-depth information of major key players, segmentation and applications and geographically analysis and contains information about Industry overview, Definition, Specifications, raw material and Suppliers, Cost Structure Analysis, R & D Status and Technology Source. Mineral Salt Ingredients market report presents the proficient and detailed analysis of the present situation of industry.
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The global mineral salts market records a revenue of USD 451.47 million in 2016 and estimated to register a promising CAGR of 5.3% over the forecast period, 2018-2023. Asia-Pacific region is expected to account for the major share in the global market.
Top Manufacturers Listed in the Mineral Salt Ingredients Market Report are:
- Minerals Technologies Inc.
- Compass Minerals International Inc.
- Caravan Ingredients Inc.
- SEPPIC
- Arla Foods amba
- Gadot Biochemical Industries Ltd.
- AkzoNobel
- Jungbunzlauer Suisse AG
- Albion Laboratories Inc.
- Dr. Paul Lohmann GmbH KG
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Detailed Overview about Mineral Salt Ingredients Market:
Market Dynamics
The factors driving global mineral salt ingredients market are the multiple health problems caused by deficiency, the increased prevalence of chronic diseases, presence of a large population over 65 years, and rise in awareness about a nutrient and mineral salt ingredients rich diet. There is a recommended daily value of mineral salt ingredients for the general population. The rapid advancements in product offerings is another factor which has a role in the growth of the global mineral salt ingredients market during the forecast period. The restraining element of mineral salt market is the accumulation of ingredients in case of excess consumption that may cause health issues among consumers. 29 European countries have salt reduction initiatives in place. The main motive by these countries is to reduce the intake of sodium but still retain the flavor. This is driving the sodium reduction ingredients market. The principal driver behind the increased production in China has been growing demand from the Chinese chemical industry and, to a lesser extent, from population growth.
Market Segmentation
The product type can segment the global mineral salt ingredients market into micro mineral salt ingredients and macro mineral salt ingredients like Sodium, Potassium, Chloride, Calcium, Phosphorus, and Magnesium. By application, the market is into Dairy products, Infant formula, Functional Food, Cosmetics and personal care, Pharmaceuticals, Agriculture, and Others. Potassium chloride (KCl) is the most preferred ingredient type in the mineral salts segment, as the performance of this ingredient is similar to that of normal salt (NaCl).
The market share of Macro Mineral salt ingredients segment is expected to be the highest, followed by the Micro Mineral salt ingredients segment over the forecast period. Among the application segments, the functional food sector is expected to be having the highest revenue.
Regional Analysis
The Asia- Pacific market has been estimated to dominate the global mineral salt ingredients market, accounting for the maximum revenue share of the market. Europe holds the next major revenue share of the global mineral salt ingredients market. South America is an emerging market with an estimate of 4.8% CAGR, followed by the North America market, due to an emerging trend of the adoption of functional foods as a rich source of mineral salt ingredients. Calcium is the most important mineral in the US. Americans and Japanese have cases of calcium deficiency, which implies the importance of mineral salt ingredients market in the region. In Europe, the market is smaller than in the U.S. partly because of a heavy consumption of dairy products but also due to regulation factors.
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Moreover, development policies and plans are discussed as well as manufacturing processes and cost structures. This report also states Mineral Salt Ingredients market trend, import/export, supply and consumption figures as well as cost, price, revenue and gross margin by regions, and other regions can be added. Mineral Salt Ingredients market forecast For the period of 2020-2023, this study provides the Mineral Salt Ingredients sales, revenue and market share for each player covered in this report.
Reasons to Purchase the Mineral Salt Ingredients Market Report:
- The report analyses how the shift towards safety will drive the global Mineral Salt Ingredients market.
- Analyzing various perspectives of the market with the help of Porter's five forces analysis.
- Study on the product type that is expected to dominate the market.
- Study on the regions that are expected to witness fastest Mineral Salt Ingredients Market growth during the forecast period.
- Identify the latest developments,Mineral Salt Ingredients market shares and strategies employed by the major market players.
- Analyzing what will be the Mineral Salt Ingredients Market size.
Major Points from Table of Contents:
1. Introduction
1.1 Key Deliverables of the study
1.2 Study Assumptions
1.3 Market Definitions
2. Research Approach and Methodology
2.1 Introduction
2.2 Research Design
2.3 Study timelines
2.4 Study Phases
2.4.1 Secondary Research
2.4.2 Discussion Guide
2.4.3 Market Engineering & Econometric Modelling
2.4.4 Expert Validation
3. Market Overview
3.1 Market Dynamics
3.1.1 Drivers
3.1.1.1 Health concerns owing to deficiency
3.1.2 Restraints
3.1.2.1 Excess consumption
3.1.3 Opportunities
3.1.3.1 Health conciousness
3.1.4 Porter's Five Forces Analysis
3.1.4.1 Bargaining Power of Suppliers
3.1.4.2 Bargaining Power of Buyers
3.1.4.3 Threat of New Entrants
3.1.4.4 Threat of Substitute Products and Services
3.1.4.5 Degree of Competition
4. Market Segmentation
4.1 By Type
4.1.1 Macro Mineral salt ingredients
4.1.2 Micro Mineral salt ingredients
4.1.3 Trace elements
4.2 By Source type
4.2.1 Plant-based
4.2.2 Animal-based
4.2.3 Others
4.3 By Application
4.3.1 Dairy products
4.3.2 Infant formula
4.3.3 Sports food
4.3.4 Beverages
4.3.5 Bakery-Biscuits-Snacks
4.3.6 Confectionery
4.3.7 Food supplements
4.3.8 Functional food
4.4 By Geography
4.4.1 North America
4.4.1.1 United States
4.4.1.2 Canada
4.4.1.3 Mexico
4.4.1.4 Others
4.4.2 Europe
4.4.2.1 Spain
4.4.2.2 UK
4.4.2.3 France
4.4.2.4 Germany
4.4.2.5 Russia
4.4.2.6 Italy
4.4.2.7 Others
4.4.3 Asia Pacific
4.4.3.1 Australia
4.4.3.2 India
4.4.3.3 Japan
4.4.3.4 Others
4.4.4 South America
4.4.4.1 Brazil
4.4.4.2 Argentina
4.4.4.3 Others
4.4.5 Africa
4.4.5.1 South Africa
4.4.5.2 Others
5. Competitive Landscape
5.1 Strategy adopted by Key players
5.2 Most active companies in the past five years
5.3 Market Share Analysis
6. Company Profiles
6.1 Minerals Technologies Inc.
6.2 Compass Minerals International Inc.
6.3 Caravan Ingredients Inc.
6.4 SEPPIC
6.5 Arla Foods amba
6.6 Gadot Biochemical Industries Ltd.
6.7 AkzoNobel
6.8 Jungbunzlauer Suisse AG
6.9 Albion Laboratories Inc.
6.10 Dr. Paul Lohmann GmbH KG
7. Appendix
7.1 Disclaimer
7.2 Sources
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