Low Sodium Sea Salt Market Outlook 2021 Pricing Strategy, Industry Latest News, Top Company Analysis, Research Report Analysis and Share by Forecast 2031
As per a study by FMI, the low sodium sea salt market is expected to exhibit a steady growth and reach a valuation of US$ 106.6 Mn in 2021. The global market is expected to rise at a CAGR of 6.6% during the forecast period of 2021 to 2031. According to a study by FMI, the market is exhibited a 5.9% year-on-year growth in 2021 regardless of COVID-19 pandemic. The sales are expected to rise steadily owing to rising risk of heart diseases and high blood pressure. Patients in Germany with acute hypertension are adopting food and beverages with low sodium content. The German Federal Institute for Risk Assessment has also demanded reduced salt content in processed food to combat hypertension. These factors will boost demand for low sodium sea salt market in this region. The U.S. is the biggest importer of low sodium sea salt however this country has strict and heavy import tariffs on numerous commodities including low sodium sea salt. This has hampered profit margins for key players