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Europe Salt Market Share, Growth, Statistics, Outlook: By Type: Rock Salt, Brine, Solar Salt, Vacuum Salt; By Application: Chemical Processing, De-Icing, Food Processing, Others; Regional Analysis; Market Dynamics: SWOT Analysis, Porter’s Five Forces Analysis, Key Indicators of Demand; Competitive Landscape; 2024-2032
Europe Salt Market Size
The Europe salt market reached around USD 3.14 million in 2023. The market is projected to grow at a CAGR of 2.1% between 2024 and 2032, reaching almost USD 3.78 million by 2032.
| Europe Salt Market Report Summary | Description | Value |
| Base Year | USD Million | 2023 |
| Historical Period | USD Million | 2018-2023 |
| Forecast Period | USD Million | 2024-2032 |
| Market Size 2023 | USD Million | 3.14 |
| Market Size 2032 | USD Million | 3.78 |
| CAGR 2018-2023 | Percentage | XX% |
| CAGR 2024-2032 | Percentage | 2.1% |
| CAGR 2024-2032 - Market by Region | Germany | 2.4% |
| CAGR 2024-2032 - Market by Region | Italy | 2.2% |
| CAGR 2024-2032 - Market by Type | Brine | 2.6% |
| CAGR 2024-2032 - Market by Application | Food Processing | 2.6% |
| Market Share by Region | United Kingdom | 13.0% |
Europe Salt Market Outlook
- Europe produces an average of 60 million tons of salt annually.
- Spain is the biggest producer of sea salt in Europe, with average production of 1 million tons in 2020.
- The average price of a packet of sea salt in Spain is EUR 0.22.
Europe Salt Market Growth
Around 57% of Spain’s annual salt production is meant for the food processing industry, while road salt and water treatment also account for a substantial portion of the overall consumption. Sea salt is generally mined from either the Mediterranean Sea or the Atlantic Ocean, where technologically advanced machinery helps in producing finer grain qualities. These grains are further utilised by the chemical processing industry.
In 2019, Spain exported 13,400 tons of salt to the United States, which was a year-on-year growth of 50%. Apart from Spain, France, Italy, and Greece are also major producers of salt in Europe.
There is an increasing demand for sea salt in northern and central parts of Europe, attributed to the presence of beneficial trace elements and its environment-friendly extraction process. Sea salt is becoming an increasingly important value-added product with exports to the United States witnessing significant growth. Innovations in the packaging of sea salt products are attracting consumers towards their consumption, while their usage in cured meat and canned fish remains predominant.
Europe Salt Industry Segmentation
Europe Salt Market Report and Forecast 2024-2032 offers a detailed analysis of the market based on the following segments:
Market Breakup by Type
- Rock Salt
- Brine
- Solar Salt
- Vacuum Salt
| CAGR 2024-2032 - Market by | Type |
| Brine | 2.6% |
| Vacuum Salt | 2.1% |
| Rock Salt | XX% |
| Solar Salt | XX% |
Market Breakup by Application
- Chemical Processing
- De-icing
- Food Processing
- Others
| CAGR 2024-2032 - Market by | Application |
| Food Processing | 2.6% |
| Chemical Processing | 2.3% |
| De-Icing | XX% |
| Others | XX% |
Market Breakup by Country
- United Kingdom
- Germany
- France
- Italy
- Others
| CAGR 2024-2032 - Market by | Region |
| Germany | 2.4% |
| Italy | 2.2% |
| United Kingdom | XX% |
| France | XX% |
| Others | XX% |
Europe Salt Market Share
Based on type, the market is divided into rock salt, brine, solar salt, and vacuum salt. Over the forecast period, brine is projected to grow at a CAGR of 2.6% between 2024 and 2032, driven by its wide applications in different end-use sectors, ranging from food to refrigeration and cooling.
| Market Share by | Region |
| United Kingdom | 13.0% |
| Germany | XX% |
| France | XX% |
| Italy | XX% |
| Others | XX% |
Leading Companies in the Europe Salt Market
Major market players are expected to expand their existing production capacity to boost resilience against unprecedented climate challenges.
- Tata Chemicals Limited
- Cargill Incorporated
- Compass Minerals International, Inc.
- K+S Aktiengesellschaft
- Maldon Crystal Salt Company Ltd.
- Ahir Salt Industries
- INEOS Group
- The Anglesey Sea Salt Company Ltd.
- SALT Minerals GmbH
- Israel Chemicals Ltd.
- Others
Key Highlights of the Report
| REPORT FEATURES | DETAILS |
| Base Year | 2023 |
| Historical Period | 2018-2023 |
| Forecast Period | 2024-2032 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
|
| Breakup by Type |
|
| Breakup by Application |
|
| Breakup by Region |
|
| Market Dynamics |
|
| Competitive Landscape |
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| Companies Covered |
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*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.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Market Snapshot
7 Opportunities and Challenges in the Market
8 Global Salt Market Overview
8.1 Key Industry Highlights
8.2 Global Salt Historical Market (2018-2023)
8.3 Global Salt Market Forecast (2024-2032)
8.4 Global Salt Market Share by Region
8.4.1 North America
8.4.2 Europe
8.4.3 Asia Pacific
8.4.4 Latin America
8.4.5 Middle East and Africa
9 Europe Salt Market Overview
9.1 Key Industry Highlights
9.2 Europe Salt Historical Market (2018-2023)
9.3 Europe Salt Market Forecast (2024-2032)
10 Europe Salt Market by Type
10.1 Rock Salt
10.1.1 Historical Trend (2018-2023)
10.1.2 Forecast Trend (2024-2032)
10.2 Brine
10.2.1 Historical Trend (2018-2023)
10.2.2 Forecast Trend (2024-2032)
10.3 Solar Salt
10.3.1 Historical Trend (2018-2023)
10.3.2 Forecast Trend (2024-2032)
10.4 Vacuum Salt
10.4.1 Historical Trend (2018-2023)
10.4.2 Forecast Trend (2024-2032)
11 Europe Salt Market by Application
11.1 Chemical Processing
11.1.1 Historical Trend (2018-2023)
11.1.2 Forecast Trend (2024-2032)
11.2 De-Icing
11.2.1 Historical Trend (2018-2023)
11.2.2 Forecast Trend (2024-2032)
11.3 Food Processing
11.3.1 Historical Trend (2018-2023)
11.3.2 Forecast Trend (2024-2032)
11.4 Others
12 Europe Salt Market by Country
12.1 United Kingdom
12.1.1 Historical Trend (2018-2023)
12.1.2 Forecast Trend (2024-2032)
12.2 Germany
12.2.1 Historical Trend (2018-2023)
12.2.2 Forecast Trend (2024-2032)
12.3 France
12.3.1 Historical Trend (2018-2023)
12.3.2 Forecast Trend (2024-2032)
12.4 Italy
12.4.1 Historical Trend (2018-2023)
12.4.2 Forecast Trend (2024-2032)
12.5 Others
13 Market Dynamics
13.1 SWOT Analysis
13.1.1 Strengths
13.1.2 Weaknesses
13.1.3 Opportunities
13.1.4 Threats
13.2 Porter’s Five Forces Analysis
13.2.1 Supplier’s Power
13.2.2 Buyer’s Power
13.2.3 Threat of New Entrants
13.2.4 Degree of Rivalry
13.2.5 Threat of Substitutes
13.3 Key Indicators of Demand
13.4 Key Indicators of Price
14 Value Chain Analysis
15 Trade Data Analysis (HS Code – 2501)
15.1 Major Importing Countries
15.1.1 By Volume
15.1.2 By Value
15.2 Major Exporting Countries
15.2.1 By Volume
15.2.2 By Value
16 Price Analysis
17 Manufacturing Process
18 Competitive Landscape
18.1 Market Structure
18.2 Company Profiles
18.2.1 Tata Chemicals Limited
18.2.1.1 Company Overview
18.2.1.2 Product Portfolio
18.2.1.3 Demographic Reach and Achievements
18.2.1.4 Certifications
18.2.2 Cargill Incorporated
18.2.2.1 Company Overview
18.2.2.2 Product Portfolio
18.2.2.3 Demographic Reach and Achievements
18.2.2.4 Certifications
18.2.3 Compass Minerals International, Inc.
18.2.3.1 Company Overview
18.2.3.2 Product Portfolio
18.2.3.3 Demographic Reach and Achievements
18.2.3.4 Certifications
18.2.4 K+S Aktiengesellschaft
18.2.4.1 Company Overview
18.2.4.2 Product Portfolio
18.2.4.3 Demographic Reach and Achievements
18.2.4.4 Certifications
18.2.5 Maldon Crystal Salt Company Ltd.
18.2.5.1 Company Overview
18.2.5.2 Product Portfolio
18.2.5.3 Demographic Reach and Achievements
18.2.5.4 Certifications
18.2.6 Ahir Salt Industries
18.2.6.1 Company Overview
18.2.6.2 Product Portfolio
18.2.6.3 Demographic Reach and Achievements
18.2.6.4 Certifications
18.2.7 INEOS Group
18.2.7.1 Company Overview
18.2.7.2 Product Portfolio
18.2.7.3 Demographic Reach and Achievements
18.2.7.4 Certifications
18.2.8 The Anglesey Sea Salt Company Ltd.
18.2.8.1 Company Overview
18.2.8.2 Product Portfolio
18.2.8.3 Demographic Reach and Achievements
18.2.8.4 Certifications
18.2.9 SALT Minerals GmbH
18.2.9.1 Company Overview
18.2.9.2 Product Portfolio
18.2.9.3 Demographic Reach and Achievements
18.2.9.4 Certifications
18.2.10 Israel Chemicals Ltd.
18.2.10.1 Company Overview
18.2.10.2 Product Portfolio
18.2.10.3 Demographic Reach and Achievements
18.2.10.4 Certifications
18.2.11 Others
19 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Global Salt Market: Key Industry Highlights, 2018 and 2032
2. Europe Salt Market: Key Industry Highlights, 2018 and 2032
3. Europe Salt Historical Market: Breakup by Type (USD Million), 2018-2023
4. Europe Salt Market Forecast: Breakup by Type (USD Million), 2024-2032
5. Europe Salt Historical Market: Breakup by Application (USD Million), 2018-2023
6. Europe Salt Market Forecast: Breakup by Application (USD Million), 2024-2032
7. Europe Salt Historical Market: Breakup by Country (USD Million), 2018-2023
8. Europe Salt Market Forecast: Breakup by Country (USD Million), 2024-2032
9. Major Importing Countries by Volume
10. Major Exporting Countries by Volume
11. Major Importing Countries by Value
12. Major Exporting Countries by Value
13. Europe Salt Market Structure
Key Questions Answered in the Report
The market was valued at nearly USD 3.14 million in 2023.
The market is projected to grow at a CAGR of 2.1% between 2024 and 2032.
The market is assessed to witness a healthy growth in the forecast period to reach around USD 3.78 million in 2032.
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 Italy, France, the United Kingdom, and Germany, among others.
The key market players are Tata Chemicals Limited, Cargill Incorporated, Compass Minerals International, Inc., K+S Aktiengesellschaft, Maldon Crystal Salt Company Ltd., Ahir Salt Industries, INEOS Group, The Anglesey Sea Salt Company Ltd., SALT Minerals GmbH, and Israel Chemicals Ltd., among others.
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