Global Sea Salt Market Size to Exceed USD 27.12 Billion by 2033
According to a research report published by Spherical Insights & Consulting, The Global Sea Salt Market Size Expected to Grow from USD 19.12 Billion in 2023 to USD 27.12 Billion by 2033, at a CAGR of 3.56% during the forecast period 2023-2033.
Browse 210 market data Tables and 45 Figures spread through 190 Pages and in-depth TOC on the Global Sea Salt Market Size, Share, and COVID-19 Impact Analysis, By Packaging (Bags, Pouch, Sacks, Shakers, Glass Jar), By Application (Regenerating Water Agent, De-Icing Agents, Detoxifying Agents), and By Region (North America, Europe, Asia Pacific, Latin America, Middle East, and Africa), Analysis and Forecast 2023 – 2033
The sea salt market is the global industry that produces, distributes, and applies salt from seawater evaporation. It is used in food & beverage, cosmetics, pharmaceuticals, water treatment, and industrial applications because of its natural mineral content and health benefits. Moreover, it is driven by the growing consumer preference for natural and organic food products, the growing awareness of health benefits due to its rich mineral content, and increasing demand in the food & beverage industry. Rising applications in cosmetics, pharmaceuticals, and water treatment further support market growth. Moreover, the rising trend of gourmet and speciality salts and increasing use in industrial processes help augment growth. However, the high production cost, supply chain disruption, environmental concern over excessive seawater extraction, and competition from the processed table salt making it cheaper and more easily available create restraints in the sea salt market.
The bags segment accounted for the largest share of the global sea salt market in 2023 and is anticipated to grow at a significant CAGR during the forecast period.
On the basis of packaging, the global sea salt market is divided into bags, pouch, sacks, shakers, and glass jar. Among these, the bags segment accounted for the largest share of the global sea salt market in 2023 and is anticipated to grow at a significant CAGR during the forecast period. This is due to its cost-effectiveness, durability, and suitability for bulk storage and transportation. Extremely used by the industrial, commercial, and retail sectors, bags provide efficient packaging for large-scale distribution, making them the preferred choice among manufacturers and suppliers.
The concrete additive segment accounted for a substantial share of the global sea salt market in 2023 and is anticipated to grow at a rapid pace during the projected period.
On the basis of application, the global sea salt market is divided into regenerating water agents, de-icing agents, and detoxifying agents. Among these, the concrete additive segment accounted for a substantial share of the global sea salt market in 2023 and is anticipated to grow at a rapid pace during the projected period. This is due to the fact that pouches are very convenient, lightweight, and economical for retail packaging. Pouches are commonly used in the food and beverage sector. Resealable options can increase product freshness and shelf life. A rising consumer demand for sustainable and flexible packaging continues to boost the demand for pouches.
Asia Pacific is projected to hold the largest share of the global sea salt market over the projected period.
Europe is projected to hold the largest share of the global sea salt market over the projected period. The high production from countries such as China, India, and Australia along with strong demand in food, cosmetic, and industrial applications make up for a significant share. The higher population of the region enhances market dominance in the food industry while raising preference for natural and organic products.
North America is expected to grow at the fastest CAGR growth of the global sea salt market during the projected period. This includes rising consumer demand for organic and natural food products, increasing use in gourmet cooking, and expanding applications in cosmetics and pharmaceuticals. Rising health consciousness, preference for mineral-rich salts, and advancements in sustainable salt harvesting further support market growth in this region.
Company Profiling
Major vendors in the global sea salt market are SaltWorks, Selina Naturally, Maldon Sea Salt Company, Saltverk, Fleur de Sel de Guérande, Marisol Sea Salt, Murray River Salt, La Baleine, Maldon Crystal Salt Company, Redmond Real Salt, Halen Môn, Anglesey Sea Salt Company, Jacobsen Salt Co., Celtic Sea Salt, Cornish Sea Salt Co., and Others.
Market Players
- Investors
- End-users
- Government Authorities
- Consulting and Research Firm
- Venture capitalists
- Value-Added Resellers (VARs)
Recent Development
- In July 2024, Saudi Arabia's Ministry of Industry and Mineral Resources granted salt ore exploration licenses to four companies, Ibrahim Al-Issa and Partner Salt Company, Rastan Industry Company, Khalid Al-Zahid and Sons Company and Riyadh Salt Manufacturing Company. The licenses will enable the companies to extract raw salt from mines located in the Ras Al-Qureia region of the Eastern province of the country, four kilometres off the seacoast.
Market Segment
This study forecasts revenue at global, regional, and country levels from 2023 to 2033. Spherical Insights has segmented the global sea salt market based on the below-mentioned segments:
Global Sea Salt Market, By Packaging
- Bags
- Pouch
- Sacks
- Shakers
- Glass Jar
Global Sea Salt Market, By Application
- Regenerating Water Agent
- De-Icing Agents
- Detoxifying Agents
Global Sea Salt Market, By Regional
- North America
- Europe
- Germany
- UK
- France
- Italy
- Spain
- Russia
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- South Korea
- Australia
- Rest of Asia Pacific
- South America
- Brazil
- Argentina
- Rest of South America
- Middle East & Africa
- UAE
- Saudi Arabia
- Qatar
- South Africa
- Rest of the Middle East & Africa