Global Bamboo Salt Market Analysis, Drivers, Restraints, Opportunities, Threats, Trends, Applications, and Growth Forecast to 2029
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Global Bamboo Salt Market Overview :
“The global Bamboo salt market size is expected to be worth around US$ 234.5 million by 2021 from US$ 141.2 million in 2031, growing at a CAGR of 5.19% during the forecast period 2021 to 2031.”
Bamboo salt is a type of salt, primarily produced in South Korea, and consists of therapeutic benefits. The process of making bamboo salt involves some alchemical methods that were developed by Buddhist monks over 1,000 years ago.
It includes the incorporation of five elements such as water, earth, air, fire and aether to convert sea salts into a mineral-rich flavoring that is eventually used as a condiment to an individual’s diet. Bamboo salt is prepared by method of organic harvesting and sun-drying sea salt.
The salt is then continuously roasted until it is finally packed into bamboo trunks that are three or more years old. The bamboo salt has certain detoxifying properties that help to heal some deficiencies in the body. It also has antioxidant properties as well as it draws carbon residues from the bamboo.
Global Bamboo Salt Market: Dynamics
Bamboo salt offers various health benefits owing to which adoption in everyday consumption has been increasing in the recent past. Bamboo salt is being increasingly used in cosmetic products and other applications, and this is resulting in steady growth of the market. Bamboo salt is used as an ingredient in facial creams, and these products help to prevent skin-related disorders and conditions. It is also used to as an ingredient in toothpaste, and is believed to help in preventing or curing tooth-related maladies such as bleeding gums.
Bamboo salt is known to have medicinal value and has been used to prevent or treat inflammatory diseases. It contains minerals that offer additional benefits to the human body, and in contrast to regular table salt, it can help to burn fat. As a result of rising awareness regarding the benefits of bamboo salts, increasing adoption of bamboo salt in regular meals among health-conscious individuals is expected to contribute significantly to growth of the market.
Owing to a low awareness about bamboo slat products and low product visibility, growth of the target market is expected to be restrained to a certain extent over the forecast period. Increasing use of table salt and other alternatives to bamboo salt are among some other factors projected to restrain market growth.
Global Bamboo Salt Market Regional Analysis:
The Asia Pacific market is projected to account for majority revenue share owing to increasing usage in countries in this region. Major manufacturers of bamboo salt have robust presence in Southeast Asian countries, and this region has an existing and expanding consumer base. Markets in China, South Korea, and Malaysia are major revenue contributors to the bamboo salt market in this region.
The North America market is expected to register a slow revenue growth rate during the forecast period, followed by the Europe market
Global Bamboo Salt Market Segmentation:
- Food Grade
- Pharmaceutical Grade
- Personal Care
- North America
- Asia Pacific
- Latin America
- Middle East & Africa
Attribute Report Details Market Size Ask For Market Size Growth Rate Ask For Growth Rate Key Companies Ask For Companies Report Coverage Revenue analysis, Competitive landscape, Key company analysis, Market Trends, Key segments, Distribution Channel, Market Dynamics, COVID-19 Impact Analysis and more… Historical Data Period 2015-2020 Base Year 2022 Forecast Period 2022-2031 Region Scope North America, Europe, Asia-Pacific, South America, Middle East & Africa Country Scope United States, Canada and Mexico, Germany, France, UK, Russia and Italy, China, Japan, Korea, India and Southeast Asia, Brazil, Argentina, Colombia etc.Saudi Arabia, UAE, Egypt, Nigeria and South Africa Revenue in US$ Mn
- Korea Salt
- Kaeam Trading Co., Ltd.
- Korean Bamboo Salt
- HK3 Marketing Sdn. Bhd.
- Dabyut Food (Korea),
- Yibin Fengyuan Salt Co., Ltd.
- ECPLAZA NETWORK INC.
- OUTRIGER CORPORATION
- Qingdao Tianriyan Co., Ltd.
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