PUBLISHER: KBV Research | PRODUCT CODE: 1563334
PUBLISHER: KBV Research | PRODUCT CODE: 1563334
The North America Himalayan Salt Market would witness market growth of 17.6% CAGR during the forecast period (2024-2031). In the year 2020, the North America market's volume surged to 5,131.1 tonnes, showcasing a growth of 5.5% (2020-2023).
White salt, often referred to as refined Himalayan salt, is a type of Himalayan salt characterized by its pure, white appearance. Unlike the naturally pink or reddish hues of traditional Himalayan salt, white salt is processed to remove impurities and excess minerals, resulting in a clean, uniform color. This type of Himalayan salt is commonly used in culinary applications due to its fine texture and neutral taste, making it suitable for a variety of dishes and seasoning needs. Thus, the Canada market is expected to utilize 155.1 tonnes of white salt by 2031.
The US market dominated the North America Himalayan Salt Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $319,874.1 Thousands by 2031. The Canada market is experiencing a CAGR of 19.8% during (2024 - 2031). Additionally, The Mexico market would exhibit a CAGR of 19.1% during (2024 - 2031).
There has been a considerable rise in the middle class in emerging countries, notably in regions such as Asia and Latin America, which has been a significant element contributing to the expansion of the market for Himalayan salt.
Additionally, according to the World Bank, the middle class in China, defined by increased income levels and consumer spending, has grown significantly over the past two decades. This group is expanding in size and purchasing power, increasing demand for premium and imported products.
The region's diverse consumer base and strong retail infrastructure have facilitated the widespread availability and adoption of Himalayan salt across various demographic segments. The U.S. government has promoted health and wellness through various initiatives, indirectly boosting the demand for natural and health-oriented products like Himalayan salt. For instance, the U.S. Department of Agriculture (USDA) and the Food and Drug Administration (FDA) have been focusing on reducing sodium intake among Americans, encouraging the use of alternative salts that are perceived as healthier.
Based on Type, the market is segmented into Pink Salt, Black Salt, and White Salt. Based on Form, the market is segmented into Granular, Powder, Liquid Brine, and Blocks. Based on End Use, the market is segmented into Food Processing, Foodservice, and Retail (Hypermarkets & Supermarkets, Convenience Stores, Online, and Other Retail Type). Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
List of Key Companies Profiled
North America Himalayan Salt Market Report Segmentation
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 Country (Volume, Tonnes, USD Billion, 2020-2031)