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Table Salt Production in the US Industry Market Research Report Now Available from IBISWorld
Date:8/26/2013

Los Angeles, CA (PRWEB) August 26, 2013

The Table Salt Production industry experienced growth in the five years to 2013, despite revenue volatility in 2010 and 2011. “Due to the staple-nature of table salt, the industry was one of the few to escape the recession unharmed as consumers and food processors maintained demand for salt,” says IBISWorld industry analyst Brandon Ruiz. “Over the five-year period to 2013, revenue growth is expected to increase by an annualized rate of 0.1% and operator profit margins are expected to remain healthy.” However, industry revenue dipped 2.8% in 2010 and 7.6% in 2011, largely due to a drop in the price of salt. In 2013 the industry is expected to earn revenue of $598.7 million, a 2.1% increase on 2012.

The large majority of table salt produced in the United States is used in the production of processed foods sold in grocery stores and restaurants. The remainder, less than 20.0%, is used by households for preparing meals and as a table seasoning. While salt intake has increased in the US over the long term, in the short run demand from consumers and food processors is generally steady from year-to-year and not exposed to large swings in demand. Over the past five years, health agencies have made a concerted effort to educate consumers on the dangers of a diet high in salt. However, to date, the impact on industry revenue has been negligible.

The Table Salt Production industry is expected to remain largely unchanged over the next five years. “Most salt producers have been in the game for decades and have long-term supply contracts in place that earn them healthy, predictable profit margins,” says Ruiz. “The merge
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