“Global Himalayan Salt Market to reach a market value of 1.7 Billion by 2031 growing at a CAGR of 17.8%”
The Global Himalayan Salt Market size is expected to reach $1.7 billion by 2031, rising at a market growth of 17.8% CAGR during the forecast period. In the year 2023, the market attained a volume of 59,482.0 tonnes, experiencing a growth of 6.4% (2020-2023).
The retail industry has been transformed by the proliferation of e-commerce, which has enabled consumers to easily access a wide variety of Himalayan salt products with just a few keystrokes. Online platforms like Amazon, Walmart, and specialty health food websites have made it easier for consumers to find specific types of Himalayan salt, including niche products that may not be readily available in physical stores. Consumers are increasingly purchasing Himalayan salt online due to the convenience of home delivery, as well as the capacity to compare prices, read reviews, and access detailed product information. Thus, the online segment acquired 28% revenue share in the Himalayan salt market in 2023. In terms of volume, 12,004.5 tonnes of Himalayan salt are expected to be sold by 2031.
As more people opt for foods with clean, straightforward labels, the demand for Himalayan salt, which can be marketed as a pure, natural product, continues to rise. This trend underscores a broader consumer desire for simplicity and purity in their food choices, contributing significantly to the growth of the market. Additionally, salt's association with health benefits and its distinctive color and flavor make it an attractive option for those who want to add a touch of luxury to their cooking. Thus, the growth of gourmet and specialty foods has created a thriving market for unique ingredients like Himalayan salt.
However, the energy-intensive processes involved in mining, processing, and transporting Himalayan salt contribute to carbon emissions, further exacerbating environmental concerns. Hence, without careful management and consideration of these factors, the market could face significant obstacles in the coming years, potentially limiting its growth and availability.
Based on type, the market is fragmented into pink salt, black salt, and white salt. The pink salt segment garnered 48% revenue share in the market in 2023. The pink salt segment is driven by several key factors, most notably its widespread popularity due to its distinctive color, perceived health benefits, and versatile applications in culinary and wellness contexts. In terms of volume 123,754.7 tonnes of pink salt are expected to be utilized by 2031.
On the basis of form, the market is classified into granular, powder, liquid brine, and blocks. The powder segment recorded 30% revenue share in the market in 2023. Powdered Himalayan salt is valued for its fine texture, allowing it to dissolve quickly and evenly, making it particularly suitable for smooth and uniform salt distribution applications. In terms of volume 54,406.9 tonnes of Himalayan salt by powder form is expected to be utilized by 2031.
By end use, the market is divided into food processing, foodservice, and retail. The food processing segment witnessed 45% revenue share in the market in 2023. This dominance is largely due to the extensive use of Himalayan salt in various food processing applications, where it is prized for its purity, mineral content, and distinctive flavor. In terms of volume 76,936.6 tonnes of Himalayan salt is expected to be utilized in the food processing segment by 2031.
Free Valuable Insights: Global Himalayan Salt Market size to reach USD 1.7 Billion by 2031
Region-wise, the market is analyzed across North America, Europe, Asia Pacific, and LAMEA. The North America segment witnessed 27% revenue share in the market in 2023. This region's strong performance is driven by the growing health and wellness trends among consumers, who increasingly seek natural and minimally processed food products. In terms of volume, North America region is expected to utilize 16,215.8 tonnes of Himalayan salt by 2031.
| Report Attribute | Details |
|---|---|
| Market size value in 2023 | USD 494.9 Million |
| Market size forecast in 2031 | USD 1.7 Billion |
| Base Year | 2023 |
| Historical Period | 2020 to 2022 |
| Forecast Period | 2024 to 2031 |
| Revenue Growth Rate | CAGR of 17.8% from 2024 to 2031 |
| Quantitative Data | Volume in Tonnes, Revenue in USD Billion, and CAGR from 2020 to 2031 |
| Number of Pages | 418 |
| Number of Tables | 910 |
| Report coverage | Market Trends, Revenue Estimation and Forecast, Segmentation Analysis, Regional and Country Breakdown, Porter’s 5 Forces Analysis, Company Profiling, Companies Strategic Developments, SWOT Analysis, Winning Imperatives |
| Segments covered | Type, Form, End Use, Region |
| Country scope |
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| Companies Included | Evolution Salt Co., Himalayan Salt Company, Salts Worldwide, SALT Minerals GmbH, Naturo Healthplus, San Francisco Salt Company Saltan Ltd., Rocky Mountain Salt Company, The Meadow and Murray River Salt |
By Type (Volume, Tonnes, USD Billion, 2020-2031)
By Form (Volume, Tonnes, USD Billion, 2020-2031)
By End Use (Volume, Tonnes, USD Billion, 2020-2031)
By Geography (Volume, Tonnes, USD Billion, 2020-2031)
The Market size is projected to reach USD1.7 billion by 2031.
Rising popularity of natural and organic products are driving the Market in coming years, however, Substantial issue of resource depletion restraints the growth of the Market.
Evolution Salt Co., Himalayan Salt Company, Salts Worldwide, SALT Minerals GmbH, Naturo Healthplus, San Francisco Salt Company Saltan Ltd., Rocky Mountain Salt Company, The Meadow and Murray River Salt
In the year 2023, the market attained a volume of 59,482.0 tonnes, experiencing a growth of 6.4% (2020-2023).
The Granular segment is leading the Market by Form in 2023; thereby, achieving a market value of $653.6 million by 2031.
The Asia Pacific region dominated the Market by Region in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $620.2 million by 2031.
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