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Cooking Salt Processing in Australia: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Cooking Salt Processing Market Research Report | Consumer Goods & Services | Food Production | Jul 2015

Salt of the earth: Despite private label competition, industry profit has been increasing

The Cooking Salt Processing market research report provides key industry analysis and industry statistics, measures market size, analyzes current and future industry trends and shows market share for the industry’s largest companies. IBISWorld publishes the largest collection of industry reports so you can see an industry’s supply chain, economic drivers and key buyers and markets.

Report Snapshot
Market Share of Companies
Cheetham Salt Cheetham Salt market share
Industry Statistics & Market Size
Revenue
$49m
Annual Growth 11-16
1.7%
Annual Growth 16-21
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Profit
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Employment
154
Businesses
20
Industry Analysis & Industry Trends

The Cooking Salt Processing industry is firmly ingrained in the food sector of the economy. Food manufacturers and processors require salt products for a multitude of processes including flavouring, curing, seasoning and preserving. From a consumer perspective, cooking and table salt tend to be staples of the grocery basket, thereby rendering demand relatively inelastic to price changes. In terms of supply, the near limitless availability of raw material inputs has resulted in stability in domestic production, helping to reduce price volatility. The industry has traditionally enjoyed strong profit margins, with increasing availability of premium salts solidifying this trend... purchase to read more

Industry Report - Starting a New Business Chapter

The Cooking Salt Processing industry exhibits high barriers to entry. The biggest hurdle facing potential entrants is the ability to source brine or pre-dried salts to process. This can be capital-intensive, with only larger industry players such as Cheetham Salt operating sizeable solar salt fields.

Large players undertake the bulk of industry production, leaving little room for potential entrants. Large operators are able to minimise their average variable costs. They use expensive machinery to dry and process large volumes to meet the demand of downstream industries like food manufacturers. New entrants looking to target these markets would need to invest considerable capital to build appropriate facilities... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Cooking Salt Processing Industry?

Firms in the industry produce salt for human consumption. Cooking salt is used as a seasoning in meals or in food processing. Salt manufactured for chemical manufacturing, water treatment, stockfeed or any use other than for human consumption is excluded from the industry.

Industry Products
Vacuum saltIodised saltRock and sea salt
 
Industry Activities
Iodised salt productionSea salt productionRock salt productionVacuum salt productionIodised salt productionSea salt productionRock salt productionVacuum salt production


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