The global vacuum salt market stands at US$ 6.29 billion in 2022 and is forecasted to expand at a CAGR of 4.4% by 2030.

Vacuum Salt Market Overview:

Vacuum salt is the purest form of salt and can also be defined as highly refined and refined sea salt. Salt is extracted by pumping water into an underground salt layer to form a salt solution or brine. Vacuum salt is obtained using a vacuum evaporation process that produces high-quality salt. Vacuum salt is widely used in the food industry and industrial applications such as ice making, anti-caking, chemical industry, etc., leading the market. Vacuum salt imparts textural properties such as enhancing flavor and enhancing flavor of food. The use of vacuum salt as a seasoning and flavoring agent in cooking that enhances the savory appeal of food further fuels the market growth.

Vacuum salt is gaining traction among consumers due to the growing demand for impurity-free salt. Vacuum salt's low sulfate and bromide content make it a desirable option for incorporation into a variety of feed, food, and chemical products. Growing demand for processed foods from consumers, especially the younger generation, has also contributed to driving the vacuum salt market.

Salt is a key component used in processing a variety of food and industrial solutions. The HoReCa segment is growing at a tremendous rate due to a growing consumer base and changing preferences for food intake patterns. Increased eating-out trends and increased consumption of ready-to-eat meals have led to the widespread integration of vacuum salt as a flavoring and seasoning in food products. The growing food chain and growing food service sector across the globe are some of the major factors driving the vacuum salt market.

Vacuum Salt Market size, estimates, and forecasts are provided in terms of sales volume (K Units) and revenue (million USD), with historical and forecast data for the period 2017 to 2030, with 2022 being considered as the base year. This report segments the global Vacuum Salt Market in detail. Regional market sizes related to products by type, by application, and by the player are also delivered. In estimating the size of the market, we took into account the impact of COVID-19 and the Russian-Ukraine war.

Key Market Updates:

• In March 2020, K+S AKTIENGESELLSCHAFT will announce the complete sale of Operating Unit Americas Forward and will reorganize the company.
• In January 2020, Tata Salt published “Salt Therapy,” which uses the healing properties of salt to help fight the adverse effects of air pollution.
• In December 2017, AkzoNobel's Specialty Chemicals announced plans to expand high-purity vacuum salt production at its Delfzijl plant in the Netherlands.

Major Market Segments Covered in Vacuum Salt Market Industry Research:

Market Key Players:
K+S Aktiengesellschaft, CIECH S.A., Tata Chemicals Ltd., AkzoNobel N.V., Suedwestdeutsche Salzwerke AG, INEOS Group Limited, Dominion Salt Limited, Cerebos Ltd, Cheetham Salt Group, ACI Limited, WA Salt Group, Infosa, And Others.

By Type:

• Granular Vacuum Salt
• Fine Vacuum Salt
• Briquette Vacuum Salt
• Other

• Households
• Industrial
• Other

By Application:

• Water Softeners & Water Treatment
• De-icing
• Anticaking
• Flavoring Agents
• Others

By Region:

Asia Pacific is the fastest-growing region worldwide due to its growing food service industry and large consumer base. Rapid urbanization and population growth have impacted consumption rates of processed and convenience foods such as snacks, convenience foods, meat, and poultry products. Countries like India and China are among the largest producers of vacuum salt in the world. These factors have cumulatively boosted the regional market growth of vacuum salts.

Europe is witnessing significant growth in the vacuum salt market as it is an established food and beverage industry. Increasing consumer awareness of high-quality food ingredients is making high-purity vacuum-evaporated salt the choice for general food preparation. Demand is also observed in various processed food manufacturers. Animal feed manufacturers are also turning to vacuum salting to produce higher-quality feed. Hence, these factors have propelled the regional market growth of vacuum salt.

North America is expected to witness significant growth in the coming years owing to growth in the food service sector in the region. Widespread consumption of ready-to-eat food and meat products has fueled the regional vacuum salt market. The widespread utilization of vacuum salt by manufacturers in the chemical industry for the production of organic solvents and antimicrobials has also helped the market grow.

Significant Market Dynamics:

Drivers –

Vacuum salt acts as a flavoring agent and enhances the taste and flavor of food and beverage products. This salt is widely used in the manufacture of a wide range of foods such as breads, ready-to-eat foods, beverages and cured meats. Vacuum salting complies with health and international regulations, reduces the preparation time of medical salt solutions and reduces the cost of chemotherapy. It is set to drive market growth in the forecast years.

Vacuum salting is ideally suited for poultry feed and dairy animal diets. It is of particular value as a non-chloride source of sodium in poultry feed. Vacuum salt forms an important component of cow licks as it provides much-needed salt and minerals to cows and serves as a supplement to their normal diet. Cow licks can be used as regular salt blocks or mineral salt blocks that contain essential nutrients such as cobalt, zinc, iron, copper, manganese and iodine. Therefore, many key market players are investing in vacuum salt products for animal feed, which is expected to drive vacuum salt growth over the forecast period.

Challenges –

Considering the demand for vacuum salt products, manufacturers are charging more for their products and as a result, demand is decreasing. There is a gradual strain on the market demand for vacuum salt in recent years because animal feed is expected to be priced lower. Therefore, it is expected to hamper the market growth during the forecast period.

Vacuum Salt Market report scope:

Key Takeaways from this Vacuum Salt Market Report

• Estimate Vacuum Salt Market potential through analyzing growth rates (CAGR %), Volume (Units) and Value ($M) data given at country level - for product types, applications and by different industry verticals.
• Understand the supply chain in depth on the value growth at each step, in order to optimize value and bring effectiveness in your processes.
• Know the different dynamics affecting the market - challenges, key driving factors and opportunities.
• Get a quick viewpoint on the Vacuum Salt Market entropy - M&A's, deals, partnerships, product launches of all key companies for the historical 5 years.
• Estimate the supply-demand gaps, import-export data and regulatory landscape for more than top 20 countries worldwide for the market.
• Get complete insights on your competitor performance - market shares, strategies, financial benchmarking, product benchmarking, SWOT and more.
• Study the sales and distribution channels over key geographies to improve top-line revenues.