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Follow on Google News | Micronized Salt Market to Maintain Steady Growth Through 2028, Says a New Fact.MR ReportIncreasing government intervention in limiting consumption of traditional salt, supports sales opportunities for micronized salt producers.
By: Fact.MR "Investments in micronized salt to fit end user requirements and specific functionality is expected to support demand. Companies will concentrate most efforts towards catering to the food processing industry," says the Fact.MR report. Micronized Salt Market: Key Findings • Micronized salt with purity standards of more than 99.5% will account for a major market and positive growth. • The bakery and confectionary segment is a major contributor in terms of application, with 1.3X growth. • Premium grade micronized salt will display moderate growth, while value grade variants, will display high growth. • Asia Pacific will remain a leading market through 2028, as China and India account for 30% of the market share. Request Sample Report - https://www.factmr.com/ Micronized Salt Market: Key Driving Factors • Government initiatives in developed regions to minimize the per capita consumption of traditional salt support the rise of micronized salt market. • Proven efficacy of micronized salt and compliance to industrial standards is a key driver of market growth. • Demand for micronized salt in bakery and confectionary applications is fuelling global demand. • Expansion of the food processing industry, globally would sustain demand. Micronized Salt Market: Key Restraints • Increasing consumer awareness about the adverse effects of excessive salt consumption is a key challenge for the market. • Rising competition from a range of slat replacer products impacts market profitability. Competition Landscape Manufacturers are pushing to expand their reach into a number of domestic markets around the globe. Industry heavyweights are trying to gain greater market share with regional expansions. Prominent companies operating in micronized salt market include, but are not limited to, INEOS Group Ltd., Cargill Incorporated, AkzoNobel N.V.,K+S Aktiengesellschaft, Tata Chemicals Ltd., and Ciech S.A. Explore report at- https://www.factmr.com/ End
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