Global Market Study on Mineral Salt Ingredients: Macro Mineral Salt Ingredients Segment Expected to Exhibit the Highest Revenue Growth


  • Published On : Oct-2016 |
  • Pages : 302 Pages |
  • Format :

Persistence Market Research analyzes the global mineral salt ingredients market over an eight-year period between 2016 and 2024 in a newly published report. The study demonstrates market dynamics and trends across regions that are expected to influence the current status and future prospects of the global mineral salt ingredients market. The primary objective of the report is to offer information on market drivers, restraints, trends, opportunities, and value chain analysis; and updates on developments in the global mineral salt ingredients market. The report conducts a quantitative as well as qualitative assessment of the global mineral salt ingredients market across product types, applications, and regions.

The report begins with a market overview and defines the various product types and their usage in different industries. This is followed by a detailed description of the dynamics impacting the global mineral salt ingredients market, which includes an analysis of market trends, drivers, restraints, and opportunities for players operating in the global mineral salt ingredients market. The subsequent sections evaluate the present scenario and future growth prospects of the global mineral salt ingredients market on the basis of product type, application, and region and present a comprehensive forecast for the period 2016 – 2024. The study investigates key regional trends contributing to the growth of the global mineral salt ingredients market and the market attractiveness region wise; as well as analyzes the limit to which the drivers are influencing the global mineral salt ingredients market in each region.

The final section of the report includes a dashboard view of leading companies to compare the current industry scenario and their contribution to the global mineral salt ingredients market. This section is primarily designed to provide an objective and detailed comparative assessment of key providers specific to a market segment. Report audiences can gain segment-specific manufacturer insights to identify and evaluate key competitors based on an in-depth assessment of their capabilities and success in the global mineral salt ingredients marketplace. Detailed profiles of mineral salt ingredients manufacturing and processing companies are included in the report to evaluate their long– and short–term strategies, key product offerings, and recent developments in the global mineral salt ingredients market. Key market competitors covered in the report include Corbion, Minerals Technologies Inc., Compass Minerals International Inc., Albion Laboratories, Inc., Dr. Paul Lohmann GmbH KG, K+S AKTIENGESELLSCHAFT, Gadot Biochemical Industries Ltd., Arla Foods amba, DuPont, Jungbunzlauer Suisse AG, SEPPIC, and Koninklijke DSM N.V.

Research methodology

To ascertain the global mineral salt ingredients market size, we have taken into account the revenue generated by the various mineral salt ingredients manufacturers, processors, and suppliers. The forecast presented in the report assesses the total revenue generated by value across the global mineral salt ingredients market. In order to provide an accurate forecast, the report begins by sizing up the current market, which forms the basis of how the global mineral salt ingredients market is expected to develop in the future. Given the characteristics of the market, the outcome is triangulated on the basis of three different types of analysis based on supply side, downstream industry demand, and the economic envelope.

In addition, it is imperative to note that in an ever-fluctuating global economy, the report not only conduct forecasts in terms of CAGR, but also analyzes the market based on key parameters such as year-on-year (Y-o-Y) growth to understand the predictability of the global mineral salt ingredients market and to identify the right market opportunities.

The various segments of the global mineral salt ingredients market have also been analyzed in terms of basis point share (BPS) to understand individual segments’ relative contribution to market growth. This detailed level of information is important for identifying various key trends governing the global mineral salt ingredients market. Another key feature of this report is the analysis of key segments in terms of absolute dollar opportunity, critical in evaluating the scope of opportunity that a provider can look to achieve, as well as to identify potential resources from a delivery perspective in the global mineral salt ingredients market. Further, to understand key market segments in terms of growth and adoption of mineral salt ingredients globally, Persistence Market Research has developed the global mineral salt ingredients market attractiveness index to help providers identify real market opportunities.

Minerals salt ingredients normally occur in the form of chemical compounds and most often they are crystalline and abiogenic in origin. Every person uses products made from minerals in day-to-day life. The mines and sea water are the major sources of mineral salt ingredients although plants, dairy products, meat, fruits, flowers, grains, and oil are also considered important sources of organic mineral salt ingredients. Mineral salt ingredients are most widely used in industries such as agriculture, food and beverages, and pharmaceuticals. The global mineral salt ingredients market registered a market value of US$ 7,438.7 Mn in 2015 and is anticipated to reach a value of US$ 11,625.2 Mn by 2024 with a projected CAGR of 5.1% during the forecast period (2016–2024).

Key factors influencing the global mineral salt ingredients market

Increasing population and rapid growth of the food and beverages industry over the last few years is primarily responsible for the significant growth of the global mineral salt ingredients market. Other factors impacting market growth are an increasing deficiency of mineral salt ingredients, which leads to a number of health problems and diseases. Besides, escalating health consciousness in emerging economies leads to a rising demand for functional foods, which also drives the growth of the global mineral salt ingredients market. Mineral salt ingredients possess various medical properties and work as an anti-aging formula and this is likely to further fuel revenue growth of the global mineral salt ingredients market. Increasing urbanization, changing lifestyles of people, and rapid advancements in product offerings are other factors likely to boost the growth of the global mineral salt ingredients market during the forecast period. 

Segment analysis

The global mineral salt ingredients market is segmented by product type into Micro Mineral salt ingredients and Macro Mineral salt ingredients (Sodium, Potassium, Chloride, Calcium, Phosphorus, Magnesium) and by application into Dairy products, Infant formula, Functional food, Cosmetics and personal care, Pharmaceuticals, Agriculture, and Others. The Macro Mineral salt ingredients product type segment accounted for 89.4% value share in 2015. In terms of volume, the Micro Mineral salt ingredients segment is estimated to be pegged at 2,499 tons by 2016 end. The demand for the macro mineral salt ingredients segment is more as they are required in large quantities for various metabolic activities and in cosmetics and personal care products due to their medicinal properties, which in turn is likely to fuel the growth of this segment. The Functional food application segment accounted for 25.1% value share of the global mineral salt ingredients market in 2015. 

mineral salts market

Regional analysis

The global mineral salt ingredients market has been segmented into the five key regions of North America, Latin America, Europe, Asia Pacific (APAC), and Middle East & Africa (MEA). North America accounted for 21.8% revenue share of the global mineral salt ingredients market in 2015. The APAC region leads market share both in terms of revenue and volume in the global mineral salt ingredients market owing to the highest population in the region and increasing demand for mineral salt ingredients from the food and beverages industry in most of the APAC countries.

Key market players

Corbion, Minerals Technologies Inc., Compass Minerals International Inc., Albion Laboratories, Inc., Dr. Paul Lohmann GmbH KG, K+S AKTIENGESELLSCHAFT, Gadot Biochemical Industries Ltd., Arla Foods amba, DuPont, Jungbunzlauer Suisse AG, SEPPIC, and Koninklijke DSM N.V. are some of the top companies operating in the global mineral salt ingredients market. Leading market players are focusing on new market expansion through strategic mergers and acquisitions and joint ventures and are making significant investments in research and development activities to launch new products and cement their foothold in the global mineral salt ingredients market.  

Company Profile

  • Arla Foods Ingredients Group P/S
  • K + S
  • Gadot Biochemical industries ltd
  • DSM
  • Dr. Paul Lohmann GmbH KG
  • Dupont
  • Corbion
  • Albion Laboratories, Inc.
  • SEPPIC
  • JUNGBUNZLAUER SUUISSE AG.
  • Others
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