MINERAL SALT INGREDIENTS MARKET ANALYSIS
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.
Mineral Salt Ingredients Market Report Snapshots
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