Knowledge Sourcing Intelligence announces the publication of a new report on “Kosher Salt Market - Forecasts from 2020 to 2025" to their offering.
Kosher salt is a type of salt with bigger grain size as compared to table salt. Kosher salt is also known for its lower sodium content as compared to table salt which is why people cautious about their sodium intake find this type of salt better than table salt.
According to the report, the Kosher Salt Market is projected to increase at a CAGR of 4.41% over the forecast period 2019-2025.
The global kosher salt market growth is primarily being driven by the increase in Jewish population across the globe. According to a data from the Berman Jewish Databank (A Project of the Jewish Federation of North America), the global core Jewish population as on January 1, 2015 stood at around 14.31 million and this number had reached 14.606 million as on January 1, 2018. This increase in Jewish population is driving with it the sales of goods and services which are closely tied to Jewish culture. In order to be called as kosher, a food must show compliance with very strict guidelines set in line with Jewish laws associated with dietary trends of Jews. Interestingly, these laws not only specify which food items are allowed or forbidden in Jewish culture, but also specify some sets of practices associated with production, processing and preparation of foods which are to be labelled as Kosher. According to one of the kosher laws, meat, which is to be consumed, should be free from any traces of blood. Since kosher salt is known for its impressive capability to draw out all the blood from the meat, its demand is increasing continuously across the globe for the preparation of kosher foods, thus driving the market growth. The market growth is also contributed to by presence of a wide network of stores and supermarkets selling kosher salts across all key regions. Since such stores still witness a significantly high footfall, and people continue to show inclination towards new cuisines from different cultures, sales of kosher salt is witnessing a continuous increase, thus propelling the market growth.
North America accounts for a significant share in the global kosher salt market
Geographically, the kosher salt market has been segmented into North America, South America, Europe, Middle East and Africa, and Asia Pacific. North America accounts for a significant share in the global kosher salt market and this growth is majorly attributed to rising awareness among people regarding the health concerns associated with excessive intake of sodium. Since table salt contains a higher concentration of sodium as compared to kosher salt, people are moving away from it and adopting kosher salt. The Middle East and Africa kosher salt market is witnessing an impressive growth and is poised to continue growing at a good rate throughout the projected period. Presence of a large number of Jews in countries like Israel is a major driving factor for this market. The Asia Pacific kosher salt market is expected to show a decent growth over the forecast period. Rising health concerns among people in countries like China and India are pushing them away from normal table salt, to healthier alternatives to it, thus supporting the kosher salt market growth.
The major players covered as part of the report are Morton Salt, Inc., San Francisco Salt Co., Cargill, Inc. and United Salt Corporation among others.
View a sample of the report or purchase the complete study at https://www.knowledge-sourcing.com/report/kosher-salt-market
This report has segmented the Kosher Salt marketon the basis of following terms:
By Product Type
By End User