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Research report explores the Mineral Salt Ingredients Market: industry analysis by 2031

Mineral Salt Ingredients Market Outlook (2022-2032)

Global mineral salt ingredient sales are estimated to reach US$ 10.85 Bn at the end of 2022. Detailed industry analysis reveals that the global mineral salt ingredients market is projected to expand at a CAGR of 5.4% and top a valuation of US$ 18.34 Bn by 2032.

Mineral salt ingredients are essential minerals that are added to food products to enhance their nutritional value and flavor. Mineral salt ingredients are commonly used in the food and beverage industry due to their ability to improve texture, stability, and shelf life. The global mineral salt ingredients market is expected to grow significantly in the coming years due to the increasing demand for healthy and functional food products.

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Market Segmentation:

The global mineral salt ingredients market can be segmented based on type, application, and region.

  • Based on type, the market can be divided into potassium chloride, calcium chloride, magnesium sulfate, sodium chloride, and others.
  • Based on application, the market can be segmented into bakery products, dairy products, beverages, meat products, and others.

Market Drivers:

The demand for mineral salt ingredients is driven by the increasing demand for healthy and functional food products. Mineral salt ingredients offer various health benefits, including improved heart health, bone health, and blood pressure regulation. Additionally, the increasing awareness of the health benefits of mineral-rich foods and the growing demand for clean label and natural food products are expected to drive the market growth.

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Regional Analysis:

The mineral salt ingredients market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. Asia Pacific is expected to dominate the market due to the high consumption of mineral salt ingredients in countries such as China and India. North America and Europe are expected to witness significant growth due to the increasing demand for healthy and natural food products in the region.

Key Players:

The key players operating in the global mineral salt ingredients market include K+S Aktiengesellschaft, Cargill, Incorporated, Compass Minerals International, Inc., AkzoNobel N.V., Israel Chemicals Limited, Innophos Holdings, Inc., Sigma-Aldrich Co. LLC, Lorama Group Inc., Jungbunzlauer Suisse AG, and Tate & Lyle PLC.

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The global mineral salt ingredients market is expected to grow significantly in the coming years due to the increasing demand for healthy and functional food products. The market is driven by the various health benefits offered by mineral salt ingredients and the growing demand for clean label and natural food products. The key players operating in the market are focused on expanding their product portfolio and increasing their market share through acquisitions and partnerships. The development of new applications and technologies is also expected to drive the market growth.

Read More Trending “PMR Exclusive Article”: https://www.globenewswire.com/en/news-release/2022/03/15/2403769/0/en/Mineral-Salt-Ingredients-Market-is-projected-to-expand-at-a-CAGR-of-5-4-and-top-a-valuation-of-US-18-34-Bn-by-2032.html 

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