Report Overview:
Table salt is the most used salt type that appears as granulated white salt, commonly refined to remove impurities. When compared to sea salt, table salt is slightly more concentrated. Its chemical composition differs, with some table salts containing different proportions of potassium chloride and others (usually iodized) containing an added source of iodine. It has a different texture than sea salt as it is ground more finely and has less air space for moisture absorption. It preserves food without affecting its flavor or texture, delivers the essential sodium for human nutrition, and adds a salty taste. As a result, table salt finds extensive applications in the food and beverage (F&B) industry and commercial and residential sectors across the globe.
The global table salt market is primarily driven by the rising product utilization in numerous foods and beverages. Moreover, the increasing incorporation of table salt in daily diet, as it is an essential nutrient of the human body that helps maintain healthy blood pressure and improves the functioning of nerves and muscles, is positively influencing the market growth. Along with this, the rising use of table salt for seasoning dishes to enhance the flavor of the food has augmented product sales. Additionally, there has been a rise in the availability and affordability of highly processed foods. In line with this, the shifting consumer preferences toward more energy-dense foods high in salt has catalyzed market growth. Besides this, the surging adoption of specialty table salts among consumers due to the rising awareness about the benefits of iodine consumption, such as ensuring optimal functioning of the organs, is contributing to market growth. Furthermore, heavy investments in research and development (R&D) activities by key players and the easy availability of iodized table salt are propelling the market growth. Other factors, including the rising production of processed foods, changing consumer lifestyles and dietary patterns, and rapid urbanization, are also anticipated to create a positive market outlook.
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$), 2017-2022
Figure 3: Global: Table Salt Market Forecast: Value Trends (in Million US$), 2023-2028
Figure 4: Global: Table Salt Market: Breakup by Segment (in %), 2022
Figure 5: Global: Table Salt Market: Breakup by Region (in %), 2022
Figure 6: Table Salt Raw Materials: Price Trends, 2017 & 2022
Figure 7: Table Salt: Price Trends, 2017 & 2022
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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