India Curing Salt Market Import Shipment Trend (2020-2024)
The India curing salt market import shipments exhibited steady growth with a CAGR of 5.0% from 2020 to 2024. The growth rate notably accelerated by 10.0% between 2023 and 2024, indicating a market expansion gaining momentum towards the end of the period.
India Curing Salt Market Synopsis
The India curing salt market was valued at around US$ 106 million and is projected to touch US$ 178 million, exhibiting a CAGR of 7.8%. In terms of volume, the market size stood at 99 thousand metric tons and is anticipated to grow at 7% over the forecast period. Increasing meat consumption worldwide coupled with growing industrialization are some key factors driving growth in this segment.
Market Drivers of the market
The curing salt market in India is witnessing growth, driven by its extensive use in the food processing and meat preservation industries. Curing salt`s ability to extend the shelf life of meat products and prevent bacterial growth has led to its widespread adoption. The rising demand for processed and packaged meat products has further boosted the market`s expansion.
Challenges of the Market
In the curing salt market, the presence of chemical additives in some products raises health concerns among consumers. Stricter regulations and a focus on natural and organic alternatives are necessary to overcome these challenges.
Covid-19 Impact on the Market
The India curing salt market faced challenges due to the pandemic. With the closure of restaurants and food processing units, demand from the foodservice sector declined. However, the market saw steady demand from the home cooking segment.
Key Players of the Market
For the curing salt market, important players like SaltEssentials India, CureAll Salts Ltd., and PinkSalt Distributors are instrumental in providing various types of curing salts, widely used in the food processing and preservation industry.
Key Highlights of the Report:
- India Curing Salt Market Outlook
- Market Size of India Curing Salt Market, 2024
- Forecast of India Curing Salt Market, 2031
- Historical Data and Forecast of India Curing Salt Revenues & Volume for the Period 2021-2031
- India Curing Salt Market Trend Evolution
- India Curing Salt Market Drivers and Challenges
- India Curing Salt Price Trends
- India Curing Salt Porter's Five Forces
- India Curing Salt Industry Life Cycle
- Historical Data and Forecast of India Curing Salt Market Revenues & Volume By Type for the Period 2021-2031
- Historical Data and Forecast of India Curing Salt Market Revenues & Volume By Prague Powder 1 for the Period 2021-2031
- Historical Data and Forecast of India Curing Salt Market Revenues & Volume By Prague Powder 2 for the Period 2021-2031
- Historical Data and Forecast of India Curing Salt Market Revenues & Volume By Blends for the Period 2021-2031
- Historical Data and Forecast of India Curing Salt Market Revenues & Volume By End-use for the Period 2021-2031
- Historical Data and Forecast of India Curing Salt Market Revenues & Volume By Beef Curing for the Period 2021-2031
- Historical Data and Forecast of India Curing Salt Market Revenues & Volume By Fish Curing for the Period 2021-2031
- Historical Data and Forecast of India Curing Salt Market Revenues & Volume By Pork Curing for the Period 2021-2031
- Historical Data and Forecast of India Curing Salt Market Revenues & Volume By Chicken Curing for the Period 2021-2031
- Historical Data and Forecast of India Curing Salt Market Revenues & Volume By Others Curing for the Period 2021-2031
- Historical Data and Forecast of India Curing Salt Market Revenues & Volume By Distribution Channel for the Period 2021-2031
- Historical Data and Forecast of India Curing Salt Market Revenues & Volume By Direct Sales Channels for the Period 2021-2031
- Historical Data and Forecast of India Curing Salt Market Revenues & Volume By Indirect Sales Channels for the Period 2021-2031
- India Curing Salt Import Export Trade Statistics
- Market Opportunity Assessment By Type
- Market Opportunity Assessment By End-use
- Market Opportunity Assessment By Distribution Channel
- India Curing Salt Top Companies Market Share
- India Curing Salt Competitive Benchmarking By Technical and Operational Parameters
- India Curing Salt Company Profiles
- India Curing Salt Key Strategic Recommendations