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The global market for Vacuum Salt is estimated to reach an approximate valuation of US$ 12,270.6 Mn in the forecast period.
The market for vacuum salt can be expected to expand at a value based CAGR of 4.5% and show an increase in revenue from US$ 7,901.4 Mn to around US$ 12,270.6 Mn by 2033.
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Vacuum Salt Market Size (2023E) |
US$ 7,901.4 Mn |
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Projected Sales of Vacuum Salt (2033F) |
US$ 12,270.6 Mn |
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Value CAGR (2023-2033) |
4.5% |
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Value Share of Top 4 Countries (2022E) |
63.89% |
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The global vacuum salt market has witnessed significant growth in the historical period registering a CAGR of 3.7% in the historical period and was valued at US$ 7,901.4 Mn in 2023. The market is expected to grow steadily with increasing awareness about applications of vacuum salt.
Vacuum salt is made using the vacuum evaporation process, which is one of the safest and high-quality production processes in the salt industry. Salt is a key ingredient in the food and beverage industry. With increasing awareness about health and health beneficial ingredients, consumers demand safer and purer ingredients in food and beverage products as well as for household uses.
Manufacturers of food and beverage products also seek the best possible salt for manufacturing their products. Vacuum salt acts as a flavoring agent and improves the taste and flavor of food and beverage products. These factors are bolstering the growth of the global vacuum salt market.
The global market for vacuum salt is estimated to reach an approximate valuation of US$ 12,270.6 Mn in the forecast period.
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Get a Customized Version“Rising Demand for Vacuum Salt from Chemical Industry to Boost Sales”
Salt is one of the essential components in the production of all kinds of products and solutions. High chemical purity is required for most industrial applications. According to USFDA, 60% of all salt is consumed by the chemical industry. Vacuum salt is one of the purest forms of salt, with highly soluble characteristics, and can be easily mixed with any chemical component.
Low sulphate, bromide, and moisture levels contribute to the high chemical purity of vacuum salt. There is increasing production of chemicals such as fluorinated chemicals, antimicrobials, flame retardants, organic solvents, and certain metals. Thus, players in the vacuum salt market are targeting this industry to obtain high profits.
“Preference for Use of Vacuum Salt in Feed Production to Propel Market Growth”
Salt is an essential element in creating balanced feed for animals, as they require salt in specific amounts to ensure the proper functioning of their metabolism and essential biological pathways. Conventionally, inexpensive salts such as rock salt and other low-grade salts are used for feed production.
However, recent restrictions regarding the purity of feed ingredients, globally, have made feed manufacturers shift to the use of high-quality feed ingredients for the targeted livestock. Ruminants are the major consumers of salt-based feed, as sodium is essential for high-quality milk production. This is expected to encourage feed manufacturers to opt for vacuum salt over inexpensive salts in order to gain an advantage over competitors in terms of quality and results.
“Expanding Production of Chlor-alkali Products in South Asia and East Asia”
The chemical industry is the key consumer of salt. This industry transforms salt primarily into chlorine, caustic soda, and soda ash. Asia is the largest producer of chlor-alkali products, which include chlorine and caustic soda. China accounts for around 46% in the global caustic soda market. India is also the leading producer of chlor-alkali products. Therefore, with an increase in the production of caustic soda, there is ultimately an increase in the consumption of vacuum salt in the region.
“Manufacturers to Target Processed and Preserved Meat Products Industry”
The global beef and veal production market was anticipated to witness a growth of around 2% in 2018, to reach 62.6 million tons, and Brazil, along with India, the U.S., Australia, New Zealand, is expected to contribute half of this growth to the global market. Brazil and India are among the top four countries, which are expected to support the increase of global exports of beef and veal.
Brazil and India are the leading producers of beef and veal, and are among the dominant countries that export meat. This export is expected to increase in the foreseeable future. To export meat products, it becomes necessary to ensure proper preservation of meat. Salt creates an anti-microbial environment for processed meat products and also dehydrates these products. Since vacuum salt is the purest form of salt, which meets the preserving requirements with utmost perfection.
“Seasonality of de-icing Products to Hinder Market Growth”
The de-icing sector is predominantly controlled by rock salt or mined salt globally, due to its cheaper price and ease of availability. The stock of rock salt falls short only in seasons of heavy snowfall, and low-grade vacuum salt is used for de-icing. These heavy snowfall seasons are highly unstable, and global warming has caused these seasons to be very rare and volatile. This is expected to be a barrier to the growth of the vacuum salt market, as the demand from the de-icing sector is expected to be highly volatile over the forecast period.
What is the potential for the European vacuum salt market?
Europe has a well-established food and beverage industry. Consumers in European countries are highly aware of food products and ingredients, and seek high-purity vacuum salt for household use instead of rock salt. This demand is also witnessed by manufacturers of food & beverage products.
Key players are witnessing strong demand for high-purity vacuum salt from the pharmaceutical industry in the European region. Thus, the demand for high-purity vacuum salt is increasing at a rapid pace in the European region.
What is the Outlook for African Vacuum Salt market?
Africa has the highest prevalence of malnutrition, and around 350 million people are at the risk of iodine deficiency, according to the World Health Organization. Governments and agencies in the region have used iodized salt to address this deficiency in the population. This trend is expected to lead to players in the vacuum salt market in the region improving their sales over the forecast period.
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What is the segmental breakdown of the vacuum salt market?
The market is segmented based on type, by end use and by application. By type, the vacuum salt market is segmented into granular, fine and briquette. By end use, the vacuum salt market is segmented into household and industrial. The industrial segment is further sub-segmented into chemical, food, textile, pharmaceutical and others. By application type, the vacuum salt market is segmented into water softener, water treatment, de-icing, anticaking, flavoring agent and others.
Which industry is likely to have a Greater Footprint in the Vacuum Salt Market?
The food and beverage industry is growing at a steady rate. This huge industry is expected to maintain a steady demand for vacuum salt as a major ingredient for flavoring and anti-caking application throughout the forecast period. As vacuum salt has high purity levels, it is expected to replace traditional solar salt consumption in the food and beverage industry. This can act as a major factor towards the growth of vacuum salt market. Further, the report contains all the necessary details regarding the driving and restraining forces the manufacturer is going to face over the forecast period.
Numerous multinational firms dominate the world market for vacuum salt. About 40-45 percent of the market is made up of multinational corporations. Vacuum salt market participants are concentrating their product offerings primarily on global food producers due to the growing demand for vacuum salt in non-traditional countries.
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Details |
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Forecast period |
2023-2033 |
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Historical data available for |
2018-2022 |
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Market analysis |
USD million for value |
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Key regions covered |
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Key countries covered |
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Key market segments covered |
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Key companies profiled |
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Report coverage |
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Customization & pricing |
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The global market for vacuum salt has a value of US$ 7,901.4 Mn in 2023.
The global market for vacuum salt has a value CAGR of 3.7% from 2018-2022.
The global market for vacuum salt has a value of US$ 12,270.6 Mn in 2033.
The global market for vacuum salt has a value CAGR of 4.5% from 2023-2033.
The top 5 players such as Tata Chemicals, AkzoNobel N.V., CIECH S.A., K + S Aktiengesellschaft, and INEOS Group Ltd. hold close to 80% of the market share.
