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Report Overview

The India salt market reached around USD 2.32 Billion in 2024. The market is projected to grow at a CAGR of 6.20% between 2025 and 2034, reaching almost USD 4.23 Billion by 2034.

2024

Base Year

2018-2024

Historical Year

2025-2034

Forecast Year

  • India is the world’s third largest salt producer, with an annual production of 230 million tons.

  • There are nearly 11,799 salt manufacturers in India, of which 5.8% are large scale salt producers.

  • On average, India exports 35 lakh tons of salt annually to countries like Japan, UAE, and Bangladesh, among others.

Compound Annual Growth Rate

Value in USD Billion

6.2%

2025-2034


India Salt Market Outlook

*this image is indicative*

India 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 2.32
Market Size 2034 USD Billion 4.23
CAGR 2018-2024 Percentage XX%
CAGR 2025-2034 Percentage 6.20%
CAGR 2025-2034 - Market by Region West and Central India 6.9%
CAGR 2025-2034 - Market by Region South India 5.8%
CAGR 2025-2034 - Market by Type Solar Salt 7.1%
CAGR 2025-2034 - Market by Application Food Processing 6.8%
2024 Market Share by Region North India 28.4%

India Salt Market Growth

In India, 167 million people are at risk of getting iodine deficiency disorder (IDD), out of which 54 million people are already suffering from goitre and 2 million from cretinism. As per government guidelines, an average adult should consume 150 micrograms of iodine daily, with the figure being 220mg and 290mg for pregnant and lactating women respectively. The poor consumption of iodine in regions like Andhra Pradesh, and Daman Diu is expected to boost the demand for iodised salt in these regions, thereby driving the market growth. Logistical challenges related to the storage and safe processing of salt are expected to witness rapid resolution, thereby driving salt demand among the masses.

Gujarat, Rajasthan, and Tamil Nadu are the leading salt-producing states of India, accounting for 76.7%, 9.86%, and 11.16% of the total production, respectively. The rest of the production comes from Maharashtra, Orissa, Goa, Himachal Pradesh, West Bengal, Andhra Pradesh, and Goa, among others. Large scale producers dominate salt production in India, with a 62% share in output, whereas small producers account for 28% of the total production.  The average salt supply meant for human consumption in India amounts to 59 lakh tons, while industries take 107 lakh tons.

India Salt Industry Segmentation

India 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

  • East India
  • West and Central India
  • North India
  • South India

CAGR 2025-2034 - Market by Type
Solar Salt 7.1%
Vacuum Salt 6.1%
Rock Salt XX%
Brine XX%
CAGR 2025-2034 - Market by Application
Food Processing 6.8%
Chemical Processing 6.5%
De-Icing XX%
Others XX%
CAGR 2025-2034 - Market by Region
West and Central India 6.9%
South India 5.8%
North India XX%
East India XX%

India Salt Market Share

Based on region, the market is divided into East India, West and Central India, North India, and South India. Over the forecast period, West and Central India is expected to grow at a CAGR of 6.9% during 2025-2034. This can be attributed to the high salt production in Gujarat, which is majorly sourced from marine sources and inland lakes.

2024 Market Share by Region
North India 28.4%
South India XX%
East India XX%

Leading Companies in the India Salt Market

Major market players are expected to boost the manufacturing of double fortified salts to enable people to consume a balanced diet and stay healthy.

  • K+S Aktiengesellschaft
  • Ankur Chemfood Ltd.
  • SKC Industries LLP
  • Shree Sai Salt
  • Tata Consumer Products Ltd.
  • Chandan Salt Works Pvt. Ltd.
  • INEOS Group
  • GHCL Limited
  • Phenix Enterprise
  • 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 2.32 Billion in 2024.

The market is projected to grow at a CAGR of 6.20% between 2025 and 2034.

The market is assessed to witness a healthy growth in the forecast period to reach around USD 4.23 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 regions covered in the market report are East India, West and Central India, North India, and South India.

The key market players are K+S Aktiengesellschaft, Ankur Chemfood Ltd., SKC Industries LLP, Shree Sai Salt, Tata Consumer Products Ltd., Chandan Salt Works Pvt. Ltd., INEOS Group, GHCL Limited, Phenix Enterprise, 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
  • East India
  • West and Central India
  • North India
  • South India
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
  • Ankur Chemfood Ltd.
  • SKC Industries LLP
  • Shree Sai Salt
  • Tata Consumer Products Ltd.
  • Chandan Salt Works Pvt. Ltd.
  • INEOS Group
  • GHCL Limited
  • Phenix Enterprise
  • Goyal Salt Limited
  • Others

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