Onion Salt Market Outlook
According to a new report by Expert Market Research titled, “Onion Salt Market Size, Share, Analysis, Report and Forecast 2024-2032″, the global onion salt market is supported by the growing salt and flavoured salt market, which is projected to grow at a CAGR of 4% between 2024 and 2032. Aided by growth of the food processing industry and growing demand for ready to eat food products, the market is expected to grow significantly by 2032.
Onion salt, a harmonious blend of salt and dehydrated onion, has carved a niche for itself in the world of seasonings. It has become an indispensable ingredient in pantries globally due to its ability to elevate dishes with its rich, savoury flavour. Being a quintessential blend of two kitchen staples, onion salt offers a convenient solution for quick flavouring, especially in scenarios where fresh onions might be absent or unsuitable.
One of the primary onion salt market trends is the ever-evolving global culinary landscape. With globalisation narrowing cultural gaps, there’s a burgeoning interest in trying diverse cuisines. As a result, ingredients that offer a nuanced yet distinct flavour profile, like onion salt, are witnessing a surge in demand. It provides chefs and home-cooks alike an avenue to impart a robust onion essence without the moisture and texture of fresh onions.
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Furthermore, the rise of the ready-to-eat and processed foods sector acts as a crucial driver propelling the onion salt market demand. With convenience being paramount in today’s fast-paced world, there’s a heightened demand for processed foods that resonate with authentic tastes. Onion salt, in this context, serves as a perfect seasoning agent, providing these foods with a depth of flavour while ensuring shelf stability.
Another aspect bolstering the onion salt market growth is its application in the health and wellness industry. As consumers become more health-conscious, there’s an increasing tilt towards seasonings that can provide flavour without adding excessive calories or artificial additives. Onion salt, being a natural product, fits this criterion, offering a healthier alternative to artificial flavour enhancers.
In the realm of industrial applications, onion salt is gaining traction in the production of snacks, frozen foods, and meat products. Its ability to render a consistent flavour, coupled with its longer shelf life, makes it an ingredient of choice for manufacturers aiming to produce products with a uniform taste profile.
Besides, a global push towards clean labels and transparent sourcing has had a positive impact on the onion salt market share and value. As consumers increasingly demand clarity about the origins and processing of their food, suppliers who ensure ethically sourced and organic products are gaining a competitive edge. The trend towards non-GMO, organic, and additive-free seasonings align seamlessly with the market ethos, further fuelling the market expansion.
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Onion Salt Market Segmentation
The market can be divided based on form, distribution channel, end use, and region.
Market Breakup by Form
- Organic
- Conventional
Market Breakup by Distribution Channel
- Supermarkets and Hypermarkets
- Convenience Stores
- Specialty Stores
- Online
- Others
Market Breakup by End Use
- Food Processing
- Food Service
- Households
- Others
Market Breakup by Region
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East and Africa
Competitive Landscape
The EMR report looks into the market shares, plant turnarounds, capacities, investments, and acquisitions and mergers, among other major developments, of the companies operating in the global onion salt market. Some of the key players explored in the report by Expert Market Research are as follows:
- McCormick & Company, Inc.
- Badia Spices Inc.
- B&G Foods, Inc.
- Woodland Foods
- Others
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