Global Mineral Ingredients Market - Growth, Trends, COVID-19 Impact, and Forecasts (2021 - 2026)

Looking to buy the report?

Market Insights

The global mineral salts market records a revenue of USD 451.47 million in 2016 and estimated to register a promising CAGR of 5.3% over the forecast period, 2018-2023. Asia-Pacific region is expected to account for the major share in the global market.

Market dynamics

The factors driving global mineral salt ingredients market are the multiple health problems caused by deficiency, the increased prevalence of chronic diseases, presence of a large population over 65 years, and rise in awareness about a nutrient and mineral salt ingredients rich diet. There is a recommended daily value of mineral salt ingredients for the general population. The rapid advancements in product offerings is another factor which has a role in the growth of the global mineral salt ingredients market during the forecast period. The restraining element of mineral salt market is the accumulation of ingredients in case of excess consumption that may cause health issues among consumers. 29 European countries have salt reduction initiatives in place. The main motive by these countries is to reduce the intake of sodium but still retain the flavor. This is driving the sodium reduction ingredients market. The principal driver behind the increased production in China has been growing demand from the Chinese chemical industry and, to a lesser extent, from population growth.

Market Segmentation

The product type can segment the global mineral salt ingredients market into micro mineral salt ingredients and macro mineral salt ingredients like Sodium, Potassium, Chloride, Calcium, Phosphorus, and Magnesium. By application, the market is into Dairy products, Infant formula, Functional Food, Cosmetics and personal care, Pharmaceuticals, Agriculture, and Others. Potassium chloride (KCl) is the most preferred ingredient type in the mineral salts segment, as the performance of this ingredient is similar to that of normal salt (NaCl).

The market share of Macro Mineral salt ingredients segment is expected to be the highest, followed by the Micro Mineral salt ingredients segment over the forecast period. Among the application segments, the functional food sector is expected to be having the highest revenue.

Regional Analysis

The Asia- Pacific market has been estimated to dominate the global mineral salt ingredients market, accounting for the maximum revenue share of the market. Europe holds the next major revenue share of the global mineral salt ingredients market. South America is an emerging market with an estimate of 4.8% CAGR, followed by the North America market, due to an emerging trend of the adoption of functional foods as a rich source of mineral salt ingredients. Calcium is the most important mineral in the US. Americans and Japanese have cases of calcium deficiency, which implies the importance of mineral salt ingredients market in the region. In Europe, the market is smaller than in the U.S. partly because of a heavy consumption of dairy products but also due to regulation factors.

Competitive Environment

The major players in the mineral salt market are Minerals Technologies Inc., Compass Minerals International Inc., Albion Laboratories Inc., Dr. Paul Lohmann Gmbh Kg, Gadot Biochemical Industries Ltd., Arla Foods Amba, Jungbunzlauer Suisse Ag, Seppic and Akzonobel.

Company Insights

  • Suprasel® OneGrain: A unique mineral salt with less sodium and great taste, all in one grain is produced by AkzoNobell.  Sub4Salt®: Patented mineral salt blend which can reduce the sodium content in meat products.
  • AkzoNobel launched OneGrain, which constitutes different ingredients together in a new grain of salt. It contains the optimal balance of sodium salt, potassium salt, and flavor. The combination of the ingredients ensures for the taste, functions and the same shelf-life similar to salt.

Reasons to Purchase this Report

  • Analyzing outlook of the market with the recent trends and Porter’s five forces analysis
  • Market dynamics which essentially consider the factors which are impelling the present market scenario along with growth opportunities of the market in the years to come
  • Market segmentation analysis including qualitative and quantitative research incorporating the impact of economic and non-economic aspects
  • Regional and country level analysis integrating the demand and supply forces that are influencing the growth of the market
  • Competitive landscape involving the market share of major players along with the key strategies adopted for development in the past five years
  • Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis and strategies employed by the major market players
  • 3 months analyst support along with the Market Estimate sheet in excel.

Customization of the Report

  • Value chain analysis
  • Consumer behavior analysis in country level

This report can be customized to meet your requirements. Please connect with our analyst, who will ensure you get a report that suits your needs.

1. Introduction

                1.1 Key Deliverables Of The Study

                1.2 Study Assumptions

                1.3 Market Definitions

2. Research Approach And Methodology

                2.1 Introduction

                2.2 Research Design

                2.3 Study Timelines

                2.4 Study Phases

                                2.4.1 Secondary Research

                                2.4.2 Discussion Guide

                                2.4.3 Market Engineering & Econometric Modelling

                                2.4.4 Expert Validation

3. Market Overview

                3.1 Market Trends

4. Market Dynamics

                4.1 Drivers

                4.2 Restraints

                4.3 Opportunity 

                4.4 Porter's Five Forces Analysis

                                4.4.1 Bargaining Power of Suppliers

                                4.4.2 Bargaining Power of Buyers

                                4.4.3 Threat of New Entrants

                                4.4.4 Threat of Substitute Products and Services

                                4.4.5 Degree of Competition

5. Market Segmentation

                5.1 By Type

                                5.1.1 Macro Minerals






                                5.1.2 Micro Minerals





                5.2 By Application

                                5.2.1 Pharmaceutical

                                5.2.2 Functional Food and Beverage

                                5.2.3 Supplements (Clinical Nutrition included)

                                5.2.4 Animal and Pet food

                                5.2.5 Personal Care

                                5.2.6 Others

                5.3 By Geography

                                5.3.1 North America

                                       United States



                                       Rest of North America

                                5.3.2 Europe






                                       Rest of Europe

                                5.3.3 Asia-Pacific





                                       Rest of Asia-Pacific

                                5.3.4 South America



                                       Rest of South America

                                5.3.5  Africa

                                       South Africa

                                       Rest of Africa

6. Competitive Landscape

                6.1 Most Adopted Strategies

                6.2 Most Active Companies

                6.3 Market Share Analysis

7. Company Profiles

                7.1 Minerals Technologies Inc.

                7.2 Orgenetics

                7.3 Corbion

                7.4 Arla Foods amba

                7.5 Gadot Biochemical Industries Ltd.

                7.6 AkzoNobel

                7.7 Jungbunzlauer Suisse AG

                7.8 Albion Laboratories Inc.

                7.9 Dr. Paul Lohmann GmbH KG

                7.10 Sunopta

                7.11 Talus

Looking to buy the report?

Need a report that reflects how COVID-19 has impacted this market and its growth?

Looking to customize report?



By submitting, you confirm that you agree to our privacy policy