A recent market research report by Transparency Market Research presents detailed insights into the growth prospects of the global market for smoked salt over the period between 2017 and 2025. The report is titled “Smoked Salt Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2017–2025.”
The market is expected to be driven due to the rising uses of smoked salt across a number of cuisines as smoked salts impart a range of flavors to the food, ranging from subtle to bold or sweet. The variety of wood used for smoking salt impacts the flavor of the final product, with the most common choices being apple wood, alder wood, mesquite, oak, and hickory. The market is also expected to benefit from the rising demand across the snacks industry. The vast rise in the numbers of retail stores and supermarkets stocking new varieties of condiments across the globe is also expected to drive the market.
For examining all crucial aspects of the market in a much detailed manner, the report segments the market on the basis of criteria such as application, end-products, distribution channel, and geography. Based on applications in the food sector, the report examines the smoked salt market for applications such as substitute for bacon crumble in salads, dry rub for meats, taste enhancer in sauces, garnishes and snacks, as a way of adding savory hints to sweets such as ice-cream and toffee fudge, and as a compliment to cocktails.
Based on end uses in the food industry, the market for smoked salt has been covered for its use in preparations such as islay whiskey, Circassian smoked cheese, cheddar cheese, mozzarella, smoked beer, and Suanmeitang. Smoked salts are also used in the preparation of fish products, desserts, hams, sausages, meat, and spices. Based on distribution channels, the report analyzes the market for retail stores, online stores, supermarkets, and hypermarkets. The segment of online retail stores is opening up promising growth opportunities for market owing to a mounting consumer base.
Depending on geography, the report covers the market for smoked salt across regions such as Asia Pacific, Latin America, Middle East and Africa, Europe, and North America. Of these, the market in Asia Pacific is expected to account for the dominant share in the global market on account of a thriving packaged foods and convenience food industry and the rising numbers of quick service restaurants across emerging economies in the region. Smoked salts are also gaining popularity among health conscious people in the region as these salts possess high contents of essential minerals and have low sodium levels. The market in North America is likely to expand at the fastest pace, outpacing key regional markets in terms of growth and revenue opportunities over the forecast period.
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Some of the leading companies operating in the global smoked salt market are San Franscisco Salt Co., The Original Smoke & Spice Company Pty Ltd, Hepps Salt Co., Maine Sea Salt Company, SaltWorks, Steel City Salt Company, and Artisan Salt Company.