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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 | Jun 2014

Cooking with salt: Stable demand continues to support industry revenue growth

IBISWorld’s Cooking Salt Processing market research report is a comprehensive guide to market size and growth prospects. Our industry reports offer strategic industry analysis of the factors influencing companies, including new product developments, economic, lifestyle and demographic influences, distribution and supply chain factors and pricing issues. Full analysis accompanies our data forecasts to illustrate how the market responds to emerging industry trends.

Report Snapshot
Market Share of Companies
Cheetham Salt Cheetham Salt market share
Industry Statistics & Market Size
Revenue
$189m
Annual Growth 09-14
2.2%
Annual Growth 14-19
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Profit
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Employment
265
Businesses
30
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 SWOT Analysis Chapter

The Cooking Salt Processing industry is in the mature stage of its life cycle, typified by a saturated market and a range of well-established products and players. Most industry products are a staple for downstream markets and have been in existence for a long time. While there have been marginal improvements in refining and extraction technology, the production methods have remained fundamentally unchanged for over a century. In the 10 years through 2018-19, industry value added is expected to increase by an annualised 2.2%, underperforming the Australian economy, where real GDP is forecast to increase by 2.6% over the same period, indicating that the industry's contribution to the economy is falling... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Cooking Salt Processing Industry?

Firms in this industry process salt for non-industrial purposes.

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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