Rock Salt Market Size

Rock Salt Market size is poised to reach USD 8 Billion by the end of 2036, growing at a CAGR of 3% during the forecast period, i.e., 2024-2036. In the year 2023, the industry size of rock salt was USD 5 Billion. The reason behind the growth is impelled by the growing demand for food across the globe.

It is expected that by 2050, there will likely be over a 55% increase in the demand for food owing to the rise in the global population growth and growth of the economy. Moreover, to feed over 9 billion people that will inhabit the planet by 2050, total food production would need to increase by around 69%. According to estimates, the amount of food consumed will reach over 10,090 million tons in 2030 and more than 14,880 million tons in 2050.

The growing usage of rock salt in Ayurveda is believed to fuel the rock salt market growth. In Ayurveda, rock salt has long been used to cure stomach issues, colds, and coughs as well as to improve skin health, and is particularly useful for lowering the Pitta Dosha, or heat, in the body since it balances all three doshas.