Himalayan salt is naturally pink in colour and is extracted near the Himalayas which is a mountain range in Asia. It is rich in minerals and has several health benefits. Moreover, this salt is hand-extracted and has undergone minimal processing which makes it more healthier than table salt. Moreover, many people have researched that it contains about 84 minerals and trace elements. Additionally, it contains iron which gives it a light pink colour. Himalayn pink salt has several health benefits such as it reduces the signs of aging, it improves the sleep quality, regulated blood sugar levels, improves respiration, and many others. Moreover, it is used in making salt lamps, bath salts, salt inhalers, d?cor crystals, and others.
MARKET SCOPE
The "Global Himalayan Salt Market Analysis to 2028" is a specialized and in-depth study of the food and beverages industry with a special focus on the global market trend analysis. The report aims to provide an overview of the Himalayan salt market with detailed market segmentation by category, distribution channel, and geography. The report provides key statistics on the market status of the leading Himalayan salt market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
- On the basis of category, the market is segmented into organic and conventional.
- Based on distribution channel, the market is bifurcated into supermarkets and hypermarkets, convenience stores, online retail, and others.
MARKET DYNAMICS
Drivers
- Growing awareness about the health benefits of himalayan salt such as improved sleep, respiration, reduced aging, and others is one of the crucial factors driving the market growth
- Rising demand for himalayan salt for making salt lamps, crystals, salt inhalers, and bath salts is expected to drive the market growth
- Moreover, growing trend of using himalayan salt in aroma therapy to treat respiratory problems, asthma, lungs diseases, etc. is also expected to bolster the market growth.
Restraints
- Lack of knowledge and awareness about the health benefits of Himalayan salt among few people
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2019 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The Himalayan salt market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the Himalayan salt market in these regions.
IMPACT OF COVID-19 ON HIMALAYAN SALT MARKET
COVID-19 first began in Wuhan (China) during December 2019 and since then it has spread at a fast pace across the globe. The US, India, Brazil, Russia, France, the UK, Turkey, Italy, and Spain are some of the worst affected countries in terms confirmed cases and reported deaths. The COVID-19 has been affecting economies and industries in various countries due to lockdowns, travel bans, and business shutdowns. Shutdown of various plants and factories has affected the global supply chains and negatively impacted the manufacturing, delivery schedules, and sales of products in global market. Few companies have already announced possible delays in product deliveries and slump in future sales of their products. In addition to this, the global travel bans imposed by countries in Europe, Asia-Pacific, and North America are affecting the business collaborations and partnerships opportunities.
MARKET PLAYERS
The report covers key developments in the Himalayan salt market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from Himalayan salt market are anticipated to lucrative growth opportunities in the future with the rising demand for Himalayan salt in the global market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the Himalayan salt market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- EVOLUTION SALT CO.
- SAN FRANCISCO SALT COMPANY
- SaltWorks
- Kutch Brine Chem Industries
- The Spice Lab
- Naturo healthplus
- NutroActive
- Saltan Ltd.
- Raw Home Essentials
- KEYA FOODS
- Bliss of Earth
- Morton Salt Inc.
- HimalayanChef
- Olde Thompson
- Viva Doria
- Drogheria e Alimentari SpA
- RIEGA FOODS
- The Original Salt Company
- Badia
- Natierra
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.