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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

IBISWorld’s Cooking Salt Processing market research report offers insightful industry analysis and research into the market at the national level. IBISWorld’s in-depth industry market research is presented in a logical and consistent format. The industry report contains key industry statistics, market size, industry trends, and growth and profit forecasts for a 5-year outlook period.

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 - Industry Key Buyers Chapter

The industry has a moderate market share concentration. The four largest players in the industry will account for an estimated 40.2% of industry revenue in 2015-16. The industry consists of just one major player, Cheetham Salt, which will account for an estimated 31.7% of industry revenue in 2015-16. This reflects the specialisation of Cheetham Salt in the broader salt mining and processing market, which also includes the activities of players in the Salt and Other Mineral Mining in Australia industry. In general, international mining companies active in the Salt and Other Mineral Mining in Australia are focused on industrial salt for export markets, meaning they do not participate in the Cooking Salt Processing industry... 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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