Mineral Salt Ingredient Market, By Type (Micro Minerals and Macro Minerals), By Applications (Dairy Products, Infant Formula, Functional Food, Cosmetics and Personal Care, Pharmaceuticals, Agriculture, and Others), And By Geography (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa)

Published In : Jul 2023

Code : CMI4663

Pages :110

Formats :

Excel and PDF

Industry : Food Ingredients

Mineral Salt Ingredients MarketSize and Trends

Global mineral salt ingredient market is projected to reach around US$ 16.64 Billion by 2030, in terms of revenue, exhibiting a CAGR of 5.2% during the forecast period (2023-2030).

Global Mineral Salt Ingredient Market: Trends

Shift in Pharmaceutical and Cosmetics Applications of Minerals

Growing pharmaceutical and cosmetic applications of minerals salt ingredients is expected to be a major trend in the market. This trend is expected to drive the market growth. Increasing consumption of food supplements coupled with growing food industry and growing demand for healthy food among consumers is projected to drive the market growth over the forecast timeframe.

Innovation in Salts

Various manufacturers offer products with better solubility, reactivity, flavors, and colors in salts. This is expected to drive the market growth. Most minerals salts are tasteless or bitter in nature. Thus, increasing adoption of such initiatives for the manufacturer is expected to a drive the market growth over the forecast period.