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Fortified Salts Market growth outlook with industry review and forecasts

Fortified Salts Market size was valued over USD 3.5 billion in 2016 and is set to exceed 19.4 kilo tons by 2024.<br><br>Get more details @ https://goo.gl/64BYUL

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Fortified Salts Market growth outlook with industry review and forecasts

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  1. Fortified Salts Market size to reach $7 billion by 2024: Global Market Insights Inc. Fuel Cell Market size worth $25.5bn by 2024

  2. KeyInsights from Fortified Salts Market : • Hospitality & service industry was valued over USD 900 million in 2016. Rising demand for processed meat including preservation of for canned hams, hams, roasts, fish and meatballs will drive the demand. By 2025, the consumption of meat is predicted to increase by as much as another 100%. • Household industry is estimated to generate over 5,800 kilotons in volume by 2024. High application scope as cooking salt owing to its health benefits has enhanced the product scope. Changing lifestyle along with increasing disposable income will support the fortified salts market. • Iodine will witness gains at 7.1% up to 2024. Iodine deficiency causing fatigue, constipation, chances of stillbirth in pregnant women, depression, abnormal weight gain and goiter will propel the product penetration.

  3. Continued... • Double fortified salts were valued around USD 845 million in 2016. Growing anemia concerns among children and women globally will surge the product demand. • North America fortified salts market was worth over USD 1.5 billion in 2016. Increase in occurrence of obese population, gestational hypertension, miscarriages, and neurological disorders including cretinism among newborns will drive industry growth. • Asia Pacific market is anticipated to worth over USD 2.4 billion by 2024. Increasing consumer awareness pertaining to health & diet along with improving standard of living will propel the industry growth. • Vietnam is the fastest growing country in APAC with CAGR over 7.5% up to 2024. Presence of numerous finest salt producing companies along with increasing exports are the major factors fueling the fortified salts market size.

  4. U.S. Fortified Salts Market Size, By Product, 2016 & 2024 (USD Million)

  5. Browse Full Market Research Report On Fortified Salts Market @ https://goo.gl/64BYUL Request for a Sample of this Research Report @ https://www.gminsights.com/request-sample/detail/1880

  6. 360° Analysis • Application Trends • Extensive application scope of fortified salts in the preservation of meatballs, canned meats, roasts, hams, meatballs, and fish will favor industry growth. According to Organization for Economic Co-operation and Development, meat consumption is estimated around 80 kilograms on average per person in developed countries and 32 kilograms per person in developing countries. • Regional Trends • North America fortified salts market size was valued at over USD 1.5 billion in 2016. Growing obese population will drive the industry growth as more than one-third of adults are overweight in the region. The product maintains optimal energy level in body by effective calorie utilization, without allowing it to deposit as excess fats. • Competitive Market Share • In last few years, number of babies born prematurely due to iron and iodine deficiency increased significantly. The consumption of sodium chloride with added nutrients has witnessed significant gains. Food experts urged customers to check product labels and choose items with high nutritional ingredients.

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