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Report Overview

The global salt market reached USD 36.70 Billion in 2024. The market is projected to grow at a CAGR of 5.10% between 2025 and 2034, reaching almost USD 60.35 Billion by 2034.

2024

Base Year

2018-2024

Historical Year

2025-2034

Forecast Year

  • An average American consumes 3300 mg of salt daily, as per the National Centre for Disease Control and Prevention.

  • In China, people, on average, consume 9.3 grams of salt per day solely from home cooking.

  • According to the WHO, the implementation of sodium reduction initiatives can save nearly 7 million lives by 2030.

Compound Annual Growth Rate

Value in USD Billion

5.1%

2025-2034


Salt Market Outlook

*this image is indicative*

Global 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 36.70
Market Size 2034 USD Billion 60.35
CAGR 2018-2024 Percentage XX%
CAGR 2025-2034 Percentage 5.10%
CAGR 2025-2034 - Market by Region Asia Pacific 42.3%
CAGR 2025-2034 - Market by Country Brazil 5.9%
CAGR 2025-2034 - Market by Country Canada 5.5%
CAGR 2025-2034 - Market by Type Brine 5.6%
CAGR 2025-2034 - Market by Application Food Processing 5.8%
Market Share by Country 36.70 China 15.7%

Global Salt Market Growth

There are 22,407 food manufacturing facilities in the United States, with average annual sales of $1.8 trillion. This is expected to surge the demand for salt, as it is a crucial component of various processed foods and enhances their texture, flavour, and colour.

The rising demand for food with nuanced and complex flavours is surging the usage of different varieties of salt, ranging from pink salt to black lava salt, for contrasting sweetness, introducing new flavours, and driving innovation in food and beverages. Besides, growing concerns regarding high sodium intake and the rising prevalence of health issues like stroke and hypertension are prompting key players to develop salt with reduced sodium content.

Salt also presents a sustainable and economical method of recycling plastic waste. While platinum is well suited for the pyrolysis of polyolefins, it is relatively quite expensive as compared to rock salt (0.04/kg). Researchers at the MSU (Michigan State University) have discovered that the output of polyolefin pyrolysis using rock salt yields 86% liquid and 14% gas while yielding zero solid wax, which makes it an eco-friendlier alternative to aluminium, platinum, or carbon. Further improvements in processes are expected to boost their applicability across various industries in the coming years.

Global Salt Industry Segmentation

Global 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 
  • Road De-icing
  • Food Processing
  • Others

Market Breakup by Region:

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East and Africa

CAGR 2025-2034 - Market by Type
Brine 5.6%
Vacuum Salt 4.8%
Rock Salt XX%
Solar Salt XX%
CAGR 2025-2034 - Market by Application
Food Processing 5.8%
Chemical Processing 5.3%
De-Icing XX%
Others XX%
CAGR 2025-2034 - Market by Region
Latin America 5.4%
North America 4.8%
Europe 4.5%
Asia Pacific XX%
Middle East and Africa XX%
CAGR 2025-2034 - Market by Country
Brazil 5.9%
Canada 5.5%
USA 4.7%
Germany 4.6%
France 4.3%
UK 4.1%
Italy XX%
China XX%
Japan XX%
India XX%
Australia XX%
Saudi Arabia XX%
Mexico XX%

Global Salt Market Share

Based on type, the market is divided into rock salt, brine, solar salt, and vacuum salt. Over the forecast period, solar salt is expected to account for a significant market share as an increasing number of consumers prefer sustainable, healthier, and cheaper alternatives to processed food salts.

2024 Market Share by Country
China 15.7%
USA XX%
Canada XX%
UK XX%

Leading Companies in the Global Salt Market

The report provides a detailed analysis of the following key players in the market, covering their competitive landscape and latest developments like mergers and acquisitions, investments, and capacity expansion.

  • Cargill, Incorporated
  • Syensqo SA
  • Tata Chemical Ltd.
  • K+S Aktiengesellschaft
  • Wacker Chemie AG
  • China National Salt Industry Corporation
  • CIECH S.A.
  • The Salins Group
  • Compass Minerals International, Inc.
  • Archean Chemical Industries Limited
  • Others

Major market players are focusing on researching sustainable ways of extracting salt from seawater.

*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 36.70 Billion in 2024.

The market is projected to grow at a CAGR of 5.10% between 2025 and 2034.

The market is assessed to witness a healthy growth in the forecast period to reach around USD 60.35 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, road de-icing, and food processing, among others.

The different regions covered in the market report are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

The key market players are Cargill, Incorporated, Syensqo SA, Tata Chemical Ltd., K+S Aktiengesellschaft, Wacker Chemie AG, China National Salt Industry Corporation, CIECH S.A., The Salins Group, Compass Minerals International, Inc., and Archean Chemical Industries 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 
  • Road De-icing
  • Food Processing
  • Others
Breakup by Region
  • North America
    • United States of America 
    • Canada
  • Europe
    • United Kingdom
    • Germany
    • France
    • Italy
    • Others
  • Asia Pacific
    • China
    • Japan
    • India
    • ASEAN
    • Australia
    • Others
  • Latin America
    • Brazil
    • Argentina
    • Mexico
    • Others
  • Middle East and Africa
    • Saudi Arabia
    • United Arab Emirates
    • Nigeria
    • South Africa
    • 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
  • Cargill, Incorporated
  • Syensqo SA
  • Tata Chemical Ltd.
  • K+S Aktiengesellschaft
  • Wacker Chemie AG
  • China National Salt Industry Corporation
  • CIECH S.A.
  • The Salins Group
  • Compass Minerals International, Inc.
  • Archean Chemical Industries Limited
  • Others
 
 

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