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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

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
$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 - Starting a New Business Chapter

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

The bulk production are of the industry is dominated by larger players, leaving little room for potential entrants. Operators with large operations 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 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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