PUBLISHER: Grand View Research | PRODUCT CODE: 1553992
PUBLISHER: Grand View Research | PRODUCT CODE: 1553992
The global celtic salt market size is expected to reach USD 1,020.0 million by 2030 , growing at a CAGR of 6.0% from 2024 to 2030, according to a new report by Grand View Research, Inc. Flavored celtic salts cater to the growing market for specialty and artisanal food products. Consumers are willing to experiment with new flavors and seek out products that can elevate their cooking experience. The convenience factor, combined with the appeal of exotic and gourmet flavors, makes flavored celtic salt a popular choice among modern consumers. The growth of the market is also supported by product launches by manufacturers aiming to capture the interest of food enthusiasts and health-conscious individuals.
The growing consumer emphasis on health and wellness is a major factor driving the growth of the Celtic salt market. Celtic salt is harvested from the coastal areas of Brittany, France, and is highly valued for its rich mineral content. Unlike refined table salt, celtic salt undergoes minimal processing, preserving essential trace minerals such as magnesium, potassium, and calcium, which are vital for numerous bodily functions. Consumers are increasingly aware of the potential health risks linked to excessive refined salt intake, such as cardiovascular diseases and hypertension. In contrast, celtic salt's rich mineral content provides various health benefits, including better hydration, balanced electrolytes, and improved nutrient absorption owing to which its adoption is increasing thus driving the market growth.
Food & beverage application held a significant share of the celtic salt market. Celtic salt's unique mineral composition and flavor make it a favorite for enhancing the taste of various dishes. From home kitchens to gourmet restaurants, it is extensively used for baking, seasoning, and preserving foods. Its versatility and premium quality attract chefs and food enthusiasts, significantly driving demand in this segment. Furthermore, the increasing trend of gourmet cooking and the rising popularity of health-conscious eating habits have further fueled the demand for celtic salt in the food and beverage sector.
Organic celtic salt held a higher share of the market in 2023. The global trend toward natural and organic products significantly benefits the celtic salt market. Consumers are increasingly leaning towards products considered more natural and less processed. Celtic salt, harvested using traditional methods with minimal environmental impact, aligns perfectly with this trend, leading to its increased adoption driving its adoption among consumers across the globe majorly in developed economies such as North America and Europe.
Various steps are adopted by these companies including global expansion, partnerships, acquisitions & mergers, development & launch of new products, and others to gain more share of the market.