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Fortified Salts Market Overview with Detailed Analysis, Competitive landscape, Forecast to 2024

Author : Rahul Sankrityayan | Published Date : 2019-11-21 

Fortified Salts report provides a comprehensive landscape of the industry, accurate market estimates and forecast split by product, application, technology, region and end-use. All quantitative information is covered on a regional as well as country basis. The report provides valuable strategic insights on the Fortified Salts market, analyzing in detail industry impact forces including growth drivers, pitfalls and regulation evolution. The report also includes a detailed outlook on the Fortified Salts competitive environment, diving in to the industry position of each major company along with the strategic landscape.

Endorsed with a commendable health and nutritional value, fortified salts are gaining a remarkable traction on a large-scale. Fortified Salts Market valuation was recorded at USD 3.5 billion in 2016 and is projected to exceed a volume of 19.4 kilo tons by 2024. The growing emphasis on nutritional food intake coupled with the increasing prevalence of malnutrition among children are few of the profound factors favoring fortified salts industry trends. The iodine deficiency is also leaving a favorable impact on fortified salts industry trends. APAC and MEA are the two major regions highly under the influence of this trend with Goiter – an ailment caused by iodine deficiency, prevailing significantly in these regions. Owing to these prominent medical benefits, fortified salts industry is becoming an attraction for the investors to generate huge margins.

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Fortified Salts Market report is an all-inclusive document, compiled and designed to provide best-in-class research, insightful analysis and accurate quantitative data. The coverage of this research is the most extensive when compared to other similar studies available on Fortified Salts  market. The industry ecosystem information presented in this report is next-to-none and aims to address all stakeholders of the industry, irrespective of their size and business function. Details of segmentation and cross reporting structure, wherever feasible, makes this Fortified Salts Market research one of its kind to offer the most in-depth, readily available data.

Trends, analysis, swot and regional coverage that is available in Fortified Salts industry report offers market intelligence that help readers in strategic choices that business demands. Moreover, this research can be tweaked to cover specific requirements of a client or completely customized for a particular company. Before finalizing the purchase of Fortified Salts Market report, get questions answered or request for a representative evaluation sample at https://www.gminsights.com/request-sample/detail/1880

Major points presented and analyzed in the study include multiple segmentation coverage as listed below:

  • Fortified Salts industry landscape
    • Growth drivers
    • Pitfalls & challenges
    • Regional regulatory scenario
    • Regional pricing trends
    • Cost structure analysis
    • Industry ecosystem
    • Competitive landscape
      • Company profiles
      • Supplier information
  • Fortified Salts market, by product (estimates & forecast to 2024)
  • Fortified Salts market, by application (estimates & forecast to 2024)
  • Fortified Salts market, by end-use (estimates & forecast to 2024)
  • Fortified Salts market, by product (estimates & forecast to 2024)

Double fortified salts industry revenue, worth USD 845 million in 2016, is set to expand at a CAGR of more than 8.5% over the coming years, owing to the rise in the anemic conditions among the women & child population across the globe. High product demand across the APAC region can be attributed to the large number of anemia cases witnessed among its population.

Online Stores, hypermarket & supermarket, and grocery stores are the various distribution channels of fortified salts industry. Fortified salts industry size from online stores is expected to hit USD 1.45 billion by 2024 registering a CAGR of more than 7% over the coming timeline. Fortified salts market revenue from hypermarket & supermarket is slated to grow at an annual rate of over 7% during the period from 2017 to 2024, subject to huge rebates offered by these stores on the purchase of items in bulk. Grocery stores contributed more than USD 1.5 billion towards fortified salts industry revenue in 2016 driven by the popular use of the product across the household sector.

AkzoNobel N.V., United Salt Corporation, Ahir Salt Industries, China National Salt Industry Corporation, Tata Chemicals Limited, Ankur Salt, Schweizer Salinen, Kutch Brine Chem Industries, and Cargill are the major participants of fortified salts industry.

Not ready to buy the Fortified Salts Market report yet? Questions? Request a sample and share your questions, answers to whom may help you take a purchase decision, at https://www.gminsights.com/inquiry-before-buying/1880

The data in this Fortified Salts Market research is collated via multiple channels including but not limited to primary and secondary sources, databases, business specific references and others.  The study aims to offer not only commercial data but also includes analysis of important factors, technical as well as market-oriented insights. Players in the Fortified Salts  including established companies, new entrants and everyone in between this industry chain covering suppliers, experts, manufacturers, service providers, traders, distributors, consumers / clients and others may find value in this research.

About Global Market Insights:

Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

About Author

Rahul Sankrityayan

Rahul Sankrityayan

Fortified with a post-graduate degree in Computer Applications, Rahul Sankrityan writes for Fractovia, where he pens down news and articles spanning across segments of technology industry that excite him on a day-to-day basis. Rahul comes with a rich experience in technical field as well as writing. He can be contacted at- [email protected] | https://twitter.com/sankritsays

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