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Fortified Salts Market Share

Report ID: GMI1880
Published Date: Nov 2023
Report Format: PDF

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Fortified Salts Market Share

Leading companies in the global fortified salts industry, including Tata Chemicals, are using innovative methods to expand their regional footprint such as strategic partnerships, mergers, and product launches. Tata Chemicals, in particular, is driven by its commitment to offer high-quality, nutrient-enriched salt products. The company's launch, such as the 'Tata Salt' brand, has helped address the health concerns by providing iodized salt to customers, thus contributing to improved public health outcomes. Similar steps are being undertaking by other major companies, namely:

Compass Minerals
Kutch Brine Chem Industries
Cargill
Sambhar
AkzoNobel
United Salt Corporation
China National Salt Industry
Schweizer Salinen
Ankur Salt

Authors: Kunal Ahuja, Tushar Malkani

Frequently Asked Questions (FAQ) :

The market size of fortified salts will witness a strong growth at over 8% CAGR through 2032, due to the escalating emphasis on addressing nutritional deficiencies such as osteomalacia and iron deficiency.

Household & animal feed application segment will grow at 7.5% CAGR till 2032, owing to increasing consumer awareness in conjunction with a cattle disease outbreak.

Asia Pacific market will show tremendous growth between 2023 and 2032, attributed to the inclination for nutritious food among the rising geriatric population to increase life expectancy.

Tata Chemicals, Compass Minerals, Kutch Brine Chem Industries, Cargill, Sambhar, AkzoNobel, United Salt Corporation, China National Salt Industry, Schweizer Salinen, and Ankur Salt.