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Report Overview

The Asia Pacific salt market reached USD 13.63 Billion in 2024. The market is projected to grow at a CAGR of 5.40% between 2025 and 2034, reaching almost USD 23.06 Billion by 2034.

2024

Base Year

2018-2024

Historical Year

2025-2034

Forecast Year

  • In 2022, China produced 49.85 million tons of raw salt, witnessing a y-o-y decline of 3.2%.

  • In India, salt production reached around 39.11 million tonnes during 2022-23.

  • Surveys conducted from 2021 to 2022 found that an average Singaporean consumes 3,620mg of salt per day.

Compound Annual Growth Rate

Value in USD Billion

5.4%

2025-2034


Asia Pacific Salt Market Outlook

*this image is indicative*

Asia Pacific Salt Market Report Summary Description Value
Base Year USD Billion 2024
Historical Period USD Billion 2018-2024
Forecast Period USD Billion 2025-2034
Market Size 2024 USD Billion 13.63
Market Size 2034 USD Billion 23.06
CAGR 2018-2024 Percentage XX%
CAGR 2025-2034 Percentage 5.40%
CAGR 2025-2034 - Market by Region India 6.2%
CAGR 2025-2034 - Market by Region ASEAN 5.8%
CAGR 2025-2034 - Market by Type Solar Salt 6.4%
CAGR 2025-2034 - Market by Application Food Processing 5.8%
2024 Market Share by Country China 37.6%

Asia Pacific Salt Market Growth

Nearly 43% of global chemical manufacturing is concentrated in the Asia Pacific region. China and India are expected to emerge as the strongest markets for chemicals in the region, which is anticipated to drive the demand for various salts over the forecast period.

The rising incidences of anaemia have prompted increasing research into the development of double-fortified salt, which contains both iron and iodine. This is expected to improve the health of consumers and significantly increase the market growth.

Rock salt, sea salt, and lake salt account for 46%, 43%, and 11% of China’s raw salt production. Raw salt is a critical component of many chemical products, including caustic soda, ammonium chloride, hydrochloric acid, ammonia, and soda ash, among others. Over the forecast period, renewable energy is expected to emerge as a critical driver of sea salt production in China, with large farmers in Tianjin developing solar power stations for salt production.

Salt is a critical ingredient for the pharmaceutical sector as it facilitates the preparation of oral rehydration solutions, injections, and dietary formulations, among others. A combination of chemical and physical methods is used to obtain pharmaceutical-grade salt and the anticipation growth of the sector is expected to propel the market growth in the coming years.

Asia Pacific Salt Industry Segmentation

Asia Pacific Salt Market Report and Forecast 2025-2034 offers a detailed analysis of the market based on the following segments:

Market Breakup by Type:

  • Rock Salt 
  • Brine
  • Solar Salt
  • Vacuum Salt

Market Breakup by Application:

  • Chemical Processing
  • De-icing
  • Food Processing
  • Others

Market Breakup by Region:

  • China
  • Japan
  • India
  • ASEAN
  • Australia
  • Others

CAGR 2025-2034 - Market by Type
Solar Salt 6.4%
Vacuum Salt 5.2%
Rock Salt XX%
Brine XX%
CAGR 2025-2034 - Market by Application
Food Processing 5.8%
Chemical Processing 5.6%
De-Icing XX%
Others XX%
CAGR 2025-2034 - Market by Country
India 6.2%
ASEAN 5.8%
Japan 4.8%
China XX%
Australia XX%
Others XX%

Asia Pacific Salt Market Share

Based on type, the market is divided into rock salt, brine, solar salt, and vacuum salt. Over the forecast period, vacuum salt is projected to grow at a CAGR of 5.2% during the forecast period of 2025-2034 due to its use as a base for preparing various fortified and double-fortified salts.

2024 Market Share by Country
China 37.6%
Japan XX%
India XX%

Leading Companies in the Asia Pacific Salt Market

Major market players are expanding their production capacities to cater to the increasing demand for salt for various applications in the region.

  • K+S Aktiengesellschaft
  • Mitsui & Co (Australia) Ltd
  • CK Life Sciences International., (Holdings) Inc.
  • Shree Sai Salt
  • Tata Consumer Products Ltd.
  • Ahir Salt Industries
  • INEOS Group
  • GHCL Limited
  • SALT Minerals GmbH
  • Goyal Salt Limited
  • Others

*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*

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Key Questions Answered in the Report

The market was valued at nearly USD 13.63 Billion in 2024.

The market is projected to grow at a CAGR of 5.40% between 2025 and 2034.

The market is assessed to witness a healthy growth in the forecast period to reach around USD 23.06 Billion in 2034.

The different types of salt in the market include rock salt, brine, solar salt, and vacuum salt.

The different applications of salt include chemical processing, de-icing, and food processing, among others.

The different countries covered in the market report are China, Japan, India, ASEAN, and Australia, among others.

The key market players are K+S Aktiengesellschaft, Mitsui & Co (Australia) Ltd, CK Life Sciences International., (Holdings) Inc., Shree Sai Salt, Tata Consumer Products Ltd., Ahir Salt Industries, INEOS Group, GHCL Limited, SALT Minerals GmbH, and Goyal Salt Limited, among others.

Report Summary

Explore our key highlights of the report and gain a concise overview of key findings, trends, and actionable insights that will empower your strategic decisions.

Key Highlights of the Report

Please note that the figures mentioned in the description serve as estimates and may vary from the actual figures presented in the final report.

REPORT FEATURES DETAILS
Base Year 2024
Historical Period 2018-2024
Forecast Period 2025-2034
Scope of the Report

Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:

  • Type
  • Application
  • Region
Breakup by Type
  • Rock Salt 
  • Brine
  • Solar Salt
  • Vacuum Salt
Breakup by Application
  • Chemical Processing 
  • De-Icing
  • Food Processing
  • Others
Breakup by Region
  • China
  • Japan
  • India
  • ASEAN
  • Australia
  • Others
Market Dynamics
  • SWOT Analysis
  • Porter's Five Forces Analysis
  • Key Indicators for Demand
  • Key Indicators for Price
Competitive Landscape
  • Market Structure
  • Company Profiles
    • Company Overview
    • Product Portfolio
    • Demographic Reach and Achievements
    • Certifications
Companies Covered
  • K+S Aktiengesellschaft
  • Mitsui & Co (Australia) Ltd
  • CK Life Sciences International., (Holdings) Inc.
  • Shree Sai Salt
  • Tata Consumer Products Ltd.
  • Ahir Salt Industries
  • INEOS Group
  • GHCL Limited
  • SALT Minerals GmbH
  • Goyal Salt Limited
  • Others

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