SEARCH   
MEMBER LOGIN    

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

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
$49m
Annual Growth 11-16
1.7%
Annual Growth 16-21
Purchase to read more
Profit
Purchase to read more
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 - 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. Industry value added (IVA), a measure of the industry's contribution to the wider economy, is projected to grow at an annualised 1.7% over the five years through 2020-21. This is an underperformance relative to the economy, with GDP forecast to grow at an annualised 2.8% over the same period... 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


View Sample
Quote
Select Clients