0

Jalapeno Salt Market Expected to Reach $1.8 Billion by 2030—Allied Market Research

 
2022
Jalapeno Salt Market

Report Code : A15895

quote Jalapeno salt market is expected to witness significant growth, owing to its rise in use in fast food service restaurant and food processing industry. Moreover, rise in awareness regarding jalapeno salt and its diversified flavors has further augmented growth of the market. Moreover, rise in income levels and urbanization is the key driver for the jalapeno salt market. Furthermore, increase in aggressive advertisements and promotions through social media platforms by manufacturers plays a crucial role in growth of the jalapeno salt market. quote

Roshan Deshmukh - Manager
Food and Beverages at Allied Market Research

Get 20% Free Customization In This Report
Follow us on Social Media:       
 

According to a new report published by Allied Market Research, titled, “Jalapeno Salt Market," The jalapeno salt market was valued at $965.10 million in 2020, and is estimated to reach $1.8 billion by 2030, growing at a CAGR of 6.6% from 2021 to 2030. 

Online retail platform is the major driver of the jalapeno salt market. Presently, most jalapeno salt products manufacturing companies have their own web-based retail stores where users have access to information about products launch, product features, demo, price, and other required information about products. There is an increase in number of consumers shopping online, owing to availability of different product options and price comparison on online shopping sites. This is useful for retailers due to zero expenditure on physical outlets. Furthermore, there is a rise in preference for online shopping as consumers can read reviews provided by other consumers, compare various store & products, and verify product price by different sellers. Thus, rise in adoption of online sales channels drives growth of the jalapeno salt market.

Moreover, convenience foods refer to the products, which require minimal processing and can be prepared easily without much efforts. Preference for on-the-go food products, which are readily available in the market has increased, owing to changes in eating habits and busy lifestyle. For instance, availability of various jalapeno salt flavor in the market to make sandwiches, burger, and pizza at home easily without much efforts significantly contributes toward growth of the jalapeno salt market. Moreover, easy availability of convenience food in online and offline platform help in increasing consumer base for the jalapeno salt market.

The market in the Asia-Pacific offers lucrative growth opportunities for operating players, owing to presence of countries such as India, China, Australia, and New Zealand. Increase in adoption of western lifestyle, surge in population, and rise in disposable income of consumers majorly drive growth of the jalapeno salt market. Moreover, increase in awareness regarding jalapeno salt products and its associated benefits have further augmented growth of the market. Developing regions offer potential growth opportunities for market players for launching innovative flavors of jalapeno salt which is also the current in jalapeno salt market trends.. Moreover, countries in Latin America, such as Brazil, are anticipated to unfold attractive business opportunities, owing to increase in consumer taste and flavor toward fast food.

KEY FINDINGS OF THE STUDY

  • By flavor, the jalapeno salt market is categorized into lime, garlic, bacon and sea salt. Lime segment constitute a major jalapeno salt market share; however, the bacon segment is projected to experience growth at the highest CAGR during the jalapeno salt market forecast period. Lime flavored jalapeno is highly utilized into the processed food majorly in the chips. Also, lime jalapeno salt is also sprinkled over homemade tortilla chips in order to give food the refreshing lime flavor with a touch of spiciness Therefore, owing to the above mentioned factors the demand for lime flavored jalapeno salt is driving the jalapeno salt market growth. 
  • Based on end user, the jalapeno salt industry is divided into residential, food service and food processing. Food service segment lead in terms of market share and is expected to continue to grow with robust CAGR during the forecast period.
  • On the basis of distribution channel, the market is categorized into business-to-business and business-to-consumer. The business-to-business segment held the major share in the jalapeno salt market size, and is projected to remain dominant during the forecast period. The major factor driving the growth of the business to business jalapeno salt sales is the rising outdoor dining trend among the consumers.
  • By region, North America accounted for highest market share in 2020, and is expected to grow at a significant CAGR during the forecast period..

 

The key players profiled in the jalapeno salt market analysis are Anheuser-Busch InBev, Beijing Enterprises Holdings Limited, Carlsberg Group, Diageo PLC, Dogfish Head Craft Brewery, Inc, Heineken Holding NV., Squatters Pubs and Craft Jalapeno salts, Sierra Nevada Brewing Co., The Boston Jalapeno salt Company, Inc, and United Breweries Limited.

 

Need More Information

pr-det-talk Talk to David (Europe)

pr-det-talk Talk to Sona Padman (Americas)

5933 NE Win Sivers Drive #205,
Portland, OR 97220 United States

pr-det-phone Toll Free: +1-800-792-5285

pr-det-phone UK: +44-845-528-1300

pr-det-phone Hong Kong: +852-301-84916

pr-det-phone India (Pune): +91 2066346060

pr-det-phone Fax: +1(855) 550-5975

pr-det-phone help@alliedmarketresearch.com

 

For Media Inquiries, Please Contact

Allied Market Research
Contact Toll Free: +1-800-792-5285
Drop us an email at
media@alliedmarketresearch.com

Looking for Customization?

 Customization Request

Have a Question?

 Speak with Analyst

Any Confusion?

 Inquire Before Buying

Have a glance of the Report

  Request Free Sample
 
 

First time buyer?
Check offers and discount on this report
To get this report

Click Here
 
 

quote Jalapeno Salt Market by Flavors (Lime, Garlic, Bacon, Sea Salt), by End User (Residential, Food Service, Food Processing), by Distribution Channel (Business-To-Business, Business-To-Consumer): Global Opportunity Analysis and Industry Forecast, 2020-2030 quote

View Report
 
 

Avenue: Entire Library membership of Allied Market Research Reports at your disposal

  • Avenue is an innovative subscription-based online report database.
  • Avail an online access to the entire library of syndicated reports on more than 2,000 niche industries and company profiles on more than 12,000 firms across 11 domains.
  • A cost-effective model tailored for entrepreneurs, investors, and students & researchers at universities.
  • Request customizations, suggest new reports, and avail analyst support as per your requirements.
  • Get an access to the library of reports at any time from any device and anywhere.

 
 

WHY ALLIED MARKET RESEARCH?

INFLALLIBLE METHODOLOGY

To ensure high-level data integrity, accurate analysis, and impeccable forecasts

ANALYST SUPPORT

For complete satisfaction

CUSTOMIZATION

On-demand customization of scope of the report to exactly meet your needs

TARGETED MARKET VIEW

Targeted market view to provide pertinent information and save time of readers

 

Featured Readings

 
rep-img

Published Date Nov 2024

Hybrid Cloud Market

Download Sample
rep-img

Published Date Oct 2024

Digital Substation Market

Download Sample

Buy Full Version
"Jalapeno Salt Market"
Purchase Enquiry

Get fresh content delivered

Get insights on topics that are crucial for your business. Stay abreast of your interest areas.

Get Industry Data Alerts

Why Allied Market Research?

Infallible Methodology

To ensure high-level data integrity, accurate analysis, and impeccable forecasts

Analyst Support

For complete satisfaction

Customization

On-demand customization of the scope of the report to exactly meet your needs

TARGETED MARKET VIEW

Targeted market view to provide pertinent information and save the time of readers