Chipotle Salt Market Forecast and CAGR
The global sales/shipment of chipotle salt is estimated to register a value of 4.7% CAGR during 2021-2031. The chipotle flavour gained popularity as a result of the well-known fast-food restaurant Chipotle Mexican Grill. The demand for chipotle salt is expected to rise due to its distinct smoky, fiery, and sweet flavour, which complements a variety of recipes such as grills, salads, steak, dips, potato chips, and soups, among others.
Growing Preference for Ethnic Flavours and Cuisines
Chipotle made from smoked jalapeno pepper is a popular flavour in Hispanic cuisine. Consumers have become more informed about food ingredients and cuisines that do not conform to the region's mainstream food as a result of globalisation. To capitalise on the shifting trends, manufacturers must stay updated with shifting preferences and provide healthy food made with fresh ingredients and distinct flavours. Brands such as Chipotle Mexican Grill and Taco Bell have raised global demand for Hispanic seasonings.
Individuals want authentic ethnic flavours and are willing to pay more for it which has created a significant market for food ingredients such as chipotle salt, particularly in developed countries. Further, as a result of the pandemic's restrictions, people choose to experiment with cooking at home, which has increased sales of speciality food ingredients such as chipotle salt.
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Chipotle Salt Provides Consumers with Variety as Well as Health Benefits
Chefs and dietary experts state that there is a better method to employ salts and minerals in a regular diet. Gourmet salts with more subtle flavours and nutritional characteristics than table salt are currently popular in the culinary world. Chipotle salt is promoted as a flavoured salt that provides a spicy, smoky, and sweet flavour to dishes. Its distinct flavour and ability to enhance flavour are predicted to play a significant role in the surging chipotle salt market.
Conventional table salt is refined and is solely comprised of sodium chloride. Adding ingredients such as jalapenos to salt not only improves its flavour profile but also boosts its health benefits. Chipotle peppers improve postprandial metabolism, which may aid in weight loss; it may lower the risk of heart disease, and it is known to aid in the relief of inflammation and respiratory ailments. The aforementioned facts is estimated to boost sales of chipotle salt.
The US and Canada Demand Outlook for Chipotle Salt Market
As the Hispanic population in the region grows, so does the need for distinct food ingredients in the United States and Canada. Flavoured salt manufacturers do not want to Americanize their products since their customers seek authentic ingredients. Conagra Foods recently acquired Frontera, a Mexican food manufacturer to penetrate the Hispanic population in the region. As more manufacturers cater to the growing need for a range of cuisines, the market for chipotle salt is expected to rise.
Fast food establishments that provide a variety of options have gained popularity, which is likely to increase the demand for chipotle salt in the region. Another factor driving the growth of the chipotle salt market in the United States and Canada is the influence of social media among young people. A sizable amount of Millennials learn about unique culinary flavours and seasonings through social networking, travel, and fast food outlets.
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Europe Chipotle Salt Market outlook
In European countries, chipotle seasoning is quite popular. The pandemic heightened the desire for distinct tangy and sweet flavours, with a growing number of people preferring a blend of spicy and sweet flavours, which chipotle salt can provide. Furthermore, because of the presence of a flourishing gourmet food market, there is a high demand for chipotle salt in Italy, Florence, and Rome, among other regions.
Chipotle Salt: Key players
Some key manufacturers of chipotle salt include
- Intergrow Brands Pvt. Ltd.
- Nassau Candy
- Spice Mountain LTD.
- Hepps Salt Co.
- Salt Traders
- Gustus Vitae
- The Spice Lab
- My Spice Sage
- Home & Heritage (Homemakerz)
- Spices Inc.
- Front Line s.r.o,
- Salt Works
An Adaptive Approach to Modern-day Research Needs
Chipotle Salt Market Report Highlights:
- Detailed overview of the parent market
- Changing market dynamics in the industry
- In-depth market segmentation
- Historical, current and projected market size in terms of volume and value
- Recent industry trends and developments
- Competitive landscape
- Strategies of key players and products offered
- Potential and niche segments, geographical regions exhibiting promising growth
- A neutral perspective on market performance
- Must-have information for market players to sustain and enhance their market footprint
Chipotle Salt: Market Segmentation
Based on Type, the global chipotle salt market is segmented as:
- Table salt
- Sea Salt
- Himalayan Pink Salt
Based on Packaging, the global chipotle salt market is segmented as:
- Resealable pouch
- Grinder Bottle
- Glass/plastic bottle
Based on Distribution Channel, the global chipotle salt market is segmented as:
- B2B (Direct sales)
- B2C (Indirect Sales)
- Convenience stores
- Specialty retail stores
- Online retail
Based on Region, the global chipotle salt market is segmented as:
- North America
- Latin America
- Asia Pacific
- Middle East and Africa
NOTE: Although care has been taken to maintain the highest levels of accuracy in reports, recent market/vendor-specific changes may time to reflect in the analysis.
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