Thursday, May 12, 2022

Fortification of food-grade salt with iodine for the prevention and control of iodine deficiency disorders

 


Market Analysis and Insights : Global Fortified Salt Market

Fortification of salt is recognized as one of the most cost-effective methods to tackle deficiency of iron and iodine as it is universally consumed by all income groups and age segments. Double fortified salt (DFS) is a form of table salt manufactured with added iron and iodine. Iron Deficiency Anemia (IDA) and Iodine Deficiency Disorder (IDD) contributes for the micronutrient deficiencies of public health significance across the globe, prominently in the developing and under-developed economies. Salt is an ideal carrier for micronutrient fortification and micronutrients like iodine and iron can be introduced through salt, which ingested by an individual provides numerous nutritional benefits, this micronutrient added salt is called as fortified salt.

 “Fortified Salt Market size is projected to reach USD 7.9 Billion units by 2027 from an estimated USD 4.5 Billion unit in 2019, growing at a CAGR of 8.4% globally.”

Fortified Salt Market - Size, Competitive Landscape and Segmentation Analysis:

Fortified Salt Market Reports provide a high-level overview of market segments by product type, applications, leading key players, and regions, as well as market statistics. The research insights focus on the impact of the Covid-19 epidemic on performance and offers a thorough examination of the current market and market dynamics. This crucial understanding of the report's objective can help you make better strategic decisions about investment markets by assessing elements that may affect current and future market circumstances. The leading key players in the Global and Regional market are summarized in a research to understand their future strategies for growth in the market.

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Competitive Landscape and Fortified Salt Market Share Analysis

The Fortified Salt market competitive landscape provides details by a competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, regional presence, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to the Fortified Salt market.



The major players Cargill Incorporated, Tata Chemicals, China National Salt Industry, United Salt Corporation, Kutch Brine Chem Industries, Sambhar, AkzoNobel, Schweizer Salinen, Ankur Salt, Windsor Salt, Annapurna Salt, Bajaj Salt, Super Salt, Shreeram Chem Food, Saboo Sodium Choro, Ahir Salt Industries, Hindustan Salt, Compass Minerals, Tamil Nadu Salt Corporation

Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA), and South America separately. IMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.

Fortified Salt Market Scope and Market Size

The Fortified Salt market is segmented on the basis of type and application. The growth among segments helps you analyse niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.   

§  On the basis of  Product type, the Iodine, Iron, Double Fortified Salt

§  On the basis of Application, Food And Beverage Industry, Food Processing, Household, Animal Feed, Hospitality And Services, Others

Covid-19 Impact and Recovery Analysis on Industry:

We've kept track of Covid-19's direct impact on this market as well as its indirect impact on other industries. During the analysis period, the impact of the Covid-19 pandemic on the market is predicted to be significant. From a worldwide and regional viewpoint, this report examines the influence of the pandemic on the Fortified Salt industry. The study categories the Fortified Salt industry by type, application, and consumer sector to determine market size, market features, and market growth. It also includes a thorough examination of the factors that influenced market development before and after the Covid-19 pandemic. In addition, the research did a pest analysis in the sector to investigate major influencers and entrance obstacles.

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Key Benefits for Industry Participants & Stakeholders:

·         Industry drivers, restraints, and opportunities covered in the study

·         Neutral perspective on the market performance

·         Recent industry trends and developments

·         Competitive landscape & strategies of key players

·         Potential & niche segments and regions exhibiting promising growth covered

·         Historical, current, and projected market size, in terms of value

·         In-depth analysis of the Fortified Salt Market

Fortified Salt Market Report contains market data from 2022 to 2028, which provides an overview of the market covering key drivers and risk factors. The report is segmented by top global manufacturers that mention sales, revenue and applicable prices. It also evaluates the competitive scenarios of key players. The report is expanded to include regional market data along with types and applications. This report forecasts sales and revenue from 2022 to 2028. Detailed sales channels are also covered in the study.

Reasons to Purchase this Report:

• Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors

• Provision of market value (USD Billion) data for each segment and sub-segment

• Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market

• Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region

• Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions and acquisitions in the past five years of companies profiled


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