Report Overview:
Table salt is a finely ground and highly refined salt containing a significant amount of iodine, sodium, potassium, and magnesium carbonate. It is widely used as a preservative and flavoring agent to inhibit the growth of disease-causing microbes in processed meat products, including sausage, bologna, and ham. It is also utilized as texture and color enhancers in various commercially-produced food products, such as potato chips, pretzels, and nuts.
Table salt is commonly used as an essential ingredient in the preparation of various food dishes and drinks, such as gravies, sauces, soups, pizza, pasta, confectionery, cookies, dairy products, sandwiches, fruit juices, and mocktails, served across restaurants and commercial food outlets. This, in confluence with the thriving food and beverage (F&B) industry, represents one of the major factors bolstering the market growth. Besides this, the growing awareness among consumers about the causes of iodine deficiency, such as anemia and goiter, is contributing to the market growth. Moreover, as iodine deficiency can lead to irreversible brain damage in the fetus and retarded psychomotor development in children, the increasing birth rates are creating a positive market outlook. Apart from this, key market players are introducing fortified table salt with multiple micronutrients, including chelated ferrous sulfate and microencapsulated vitamins A, B1, B2, B6, B12, folic acid, niacin, and calcium pantothenate. This, along with the rising health consciousness among the masses and the easy availability of products in innovative packaging solutions with attractive labels through e-commerce platforms, is anticipated to propel the growth of the market.
The report provides a techno-commercial roadmap for setting up a table salt manufacturing plant. The study covers all the requisite aspects that one needs to know while making a foray into the table salt industry. This ranges from macro overview of the market to micro details of the industry performance, key success and risk factors, manufacturing requirements, project cost, project economics, expected returns on investment, profit margins, etc. This report is a must-read for entrepreneurs, investors, researchers, consultants, business strategists, and all those who have any kind of stake in the table salt industry.
The project report covers the following aspects of the table salt market:
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1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Research Methodology
3 Executive Summary
3.1 Market Scenario
3.2 Raw Material Requirements
3.3 Income Projections
3.4 Expenditure Projections
3.5 Profit Analysis
4 Global Table Salt Market
4.1 Market Overview
4.2 Historical and Current Market Performance
4.3 Impact of COVID-19
4.4 Market Breakup by Segment
4.5 Market Breakup by Region
4.6 Price Trends
4.6.1 Raw Material Price Trends
4.6.2 Table Salt Price Trends
4.6.3 Product Margins
4.7 Market Forecast
5 Table Salt Manufacturing Process
5.1 Product Overview
5.2 Detailed Process Flow
5.3 Various Types of Unit Operations Involved
5.4 Mass Balance and Raw Material Requirements
6 Project Details, Requirements and Costs Involved
6.1 Land, Location and Site Development
6.1.1 Overview of Land Location
6.1.2 Project Planning and Phasing of Development
6.1.3 Environmental Impacts
6.1.4 Land Requirement and Expenditure
6.2 Plant Layout
6.3 Plant Machinery
6.3.1 Machinery Requirements and Costs
6.3.2 Machinery Suppliers
6.3.3 Machinery Pictures
6.4 Raw Materials
6.4.1 Raw Material Requirements
6.4.2 Raw Material Procurement
6.4.3 Raw Material Expenditure
6.4.4 Raw Material Suppliers
6.4.5 Raw Material and Final Product Pictures
6.5 Packaging Requirements and Expenditures
6.6 Transportation Requirements and Expenditures
6.7 Utilities Requirements and Expenditures
6.8 Manpower Requirements and Expenditures
7 Loans and Financial Assistance
8 Project Economics
8.1 Capital Cost of the Project
8.2 Operating Expenses
8.3 Expenditure Projections
8.4 Income Projections
8.5 Product Pricing and Margins
8.6 Taxation
8.7 Depreciation
8.8 Financial Analysis
8.8.1 Liquidity Analysis
8.8.2 Profitability Analysis
8.8.2.1 Payback Period
8.8.2.2 Net Present Value
8.8.2.3 Internal Rate of Return
8.8.2.4 Profit and Loss Account
8.8.3 Uncertainty Analysis
8.8.4 Sensitivity Analysis
9 Regulatory Procedures and Approval
10 Key Success and Risk Factors
List of Figures
Figure 1: Global: Table Salt Market: Major Drivers and Challenges
Figure 2: Global: Table Salt Market: Value Trends (in Million US$), 2016-2021
Figure 3: Global: Table Salt Market Forecast: Value Trends (in Million US$), 2022-2027
Figure 4: Global: Table Salt Market: Breakup by Segment (in %), 2021
Figure 5: Global: Table Salt Market: Breakup by Region (in %), 2021
Figure 6: Table Salt Raw Materials: Price Trends, 2016 & 2021
Figure 7: Table Salt: Price Trends, 2016 & 2021
Figure 8: Table Salt: Margins Across Various Stages of the Supply Chain
Figure 9: Table Salt Manufacturing Plant: Breakup of Costs
Figure 10: Table Salt Price Structure
Figure 11: Table Salt: Manufacturing Process Flow
Figure 12: Table Salt: Manufacturing Process: Conversion Rate of Feedstocks
Figure 13: Table Salt Manufacturing Plant Layout
List of Tables
Table 1: Table Salt Manufacturing Plant: Raw Material Requirements
Table 2: Table Salt Manufacturing Plant: Project Planning
Table 3: Table Salt Manufacturing Plant: Phasing of Development
Table 4: Table Salt Manufacturing Plant: Environmental Impacts During Construction Phase
Table 5: Table Salt Manufacturing Plant: Environmental Impacts During Operation Phase
Table 6: Table Salt Manufacturing Plant: Costs Related to Land and Site Development (in US$)
Table 7: Table Salt Manufacturing Plant: Costs Related to Machinery
Table 8: Table Salt Manufacturing Plant: List of Machinery Suppliers
Table 9: Table Salt Manufacturing Plant: Costs Related to Raw Materials
Table 10: Table Salt Manufacturing Plant: List of Raw Material Suppliers
Table 11: Table Salt Manufacturing Plant: Costs Related to Packaging
Table 12: Table Salt Manufacturing Plant: Costs Related to Utilities
Table 13: Table Salt Manufacturing Plant: Costs Related to Salaries and Wages
Table 14: Table Salt Manufacturing Plant: Capital Costs
Table 15: Table Salt Manufacturing Plant: Operating Costs
Table 16: Table Salt Manufacturing Plant: Taxation
Table 17: Table Salt Manufacturing Plant: Depreciation
Table 18: Table Salt Manufacturing Plant: Income Projections
Table 19: Table Salt Manufacturing Plant: Expenditure Projections
Table 20: Table Salt Manufacturing Plant: Liquidity Analysis Without Considering the Income Tax Liability
Table 21: Table Salt Manufacturing Plant: Liquidity Analysis on Considering the Income Tax Liability
Table 22: Table Salt Manufacturing Plant: Profitability Analysis Without Considering the Income Tax Liability
Table 23: Table Salt Manufacturing Plant: Profitability Analysis on Considering the Income Tax Liability
Table 24: Table Salt Manufacturing Plant: Profit and Loss Account
Table 25: Table Salt Manufacturing Plant: Discount Factor Rate
Table 26: Table Salt Manufacturing Plant: Sensitivity Analysis
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