Herbal Teas Is Fastest Growing Segment Fueling Growth Of Global Gourmet Salts Market

 

The global Gourmet Salts Market is estimated to be valued at US$ 1.98 Bn in 2023 and is expected to exhibit a CAGR of 9.7% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights.

Market Overview:

Gourmet salts refer to specialty salts that enhance the flavor and aroma profile of foods. They come in different textures, colors and flavors. The increasing demand for specialty foods and unique flavors has propelled the demand for gourmet salts.

Market key trends:

One of the key trends in the gourmet salts market is the rising popularity of flavored salts. Various flavors are being infused into salts to create new and exciting taste profiles. Herbal teas have emerged as a popular flavor for gourmet salts. Salts infused with ingredients like Earl Grey, chamomile, peppermint etc. allow consumers to enjoy the flavors of their favorite herbal teas in other foods as well. The innovative product offerings are fueling greater experimentation in the kitchen and driving the growth of the flavored segment.

Segment Analysis

The global gourmet salts market is segmented by type into flake, specialty, and others. The flake segment dominates the market and accounts for around 40% share of the global market. Flake salts have unique textures and tastes that enhance flavors of food. They are widely used in gourmet cooking and are suitable for finishing dishes.

Key Takeaways

The global gourmet salts market is expected to witness high growth, exhibiting CAGR of 9.7% over the forecast period, due to increasing consumer preference for specialty and unique salts and their usage in culinary applications.

North America dominates the global gourmet salts market and is expected to continue its dominance over the forecast period. The US accounts for over 30% of the global gourmet salts market owing to high health-conscious population opting for seasonings with less sodium content. Europe is the second largest market for gourmet salts due to increasing demand from France, Italy and UK.

Key players operating in the gourmet salts market are J.C. Peacock, The Meadow, SeaSalt Superstore LLC, The Savory Pantry, Evolution Salt Co., and HEPP'S Salt Co. J.C. Peacock is one of the leading players offering a wide range of specialty salts. The Meadow is another prominent player specializing in artisanal salts from Italy and France.

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