Industry Analysis & Industry Trends
The Cooking Salt Processing industry is firmly ingrained into the food sector of the economy. Food manufacturers and processors require salt products for a multitude of uses ranging from flavouring, curing, seasoning and preserving. From a consumer perspective, cooking and table salt form a staple of the weekly 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 and low levels of price volatility. The high level of concentration and value addition within the industry has also allowed producers to benefit from high profit margins and brand loyalty... purchase to read more
Industry Report - Industry Products Chapter
The three main products of this industry are vacuum salt, iodised salt, and rock and sea salt.
Salt taken from the ocean or salt mines sources is highly processed by the industry. The type of salt typically used in food manufacturing processes is produced through a vacuum evaporation method and so is referred to here as vacuum salt. Industry operators remove impurities to create a pure product with fine crystals. Often the only additive is an anti-caking agent. This stable product is well designed for use in food preservation and other food manufacturing processes. Demand for this product has increased over the five years through 2012-13... purchase to read more