The study on industrial salt is segmented on the basis of source of salt, product, application and
regions. Salt producers extract salt from now-buried dried-up oceans under both land and sea
or from saline waterbodies including oceans and saline lakes.
A number of multinational major players are present in the Nigerian food industry, including Cadbury, Nestlé and Unilever.
However, as the high level of food imports reach an unsustainable level, it is likely that the government will step in to introduce
greater measures aimed at boosting domestic production.
High fructose syrup segment dominated the global sugar substitutes market and accounted for
76.5% of total volume in 2015. However, this product segment is projected to lose market share
over the forecast period due to rising concerns over health and nutrition. High fructose syrup is
replaced with high intensity sweeteners on account of its harmful effects on human health.