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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 provides the latest industry statistics and industry trends, allowing you to identify the products and customers driving revenue growth and profitability. The industry report identifies the leading companies and offers strategic industry analysis of the key factors influencing the market.

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 Investment Chapter

The Cooking Salt Processing industry is estimated to have a high level of capital intensity, with industry operators heavily reliant on large scale machinery to dry, process and pack salts. In 2013-14, IBISWorld estimates that the industry's labour-to-capital is 1:0.34, meaning that for every $1.00 paid as wages, industry operators require $0.34 as investment into capital. The capital-intensive nature of salt extraction, refining and production, particularly within the industry's major players, has meant that the industry's depreciation costs are substantial, and increasingly so over the past five years as economies of scale through greater automation increases... 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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