The latest report titled “Iodised Salt manufacturing” by Procurement Resource, a global procurement research and consulting firm, provides an in-depth cost analysis of the manufacturing process of Iodised Salt.
Procurement Resource study is based on the latest prices and other economic data available. It also offers additional analysis of the report with detailed breakdown of all cost components (capital investment details, manufacturing cost details, economics for another plant location, dynamic cost model). In addition, the report incorporates the manufacturing process with detailed process and material flow, capital investment, operating costs along with financial expenses and depreciation charges.
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Procurement Resource’s detailed report describes the stepwise consumption of material and utilities along with a detailed process flow diagram. Furthermore, the study assesses the latest developments within the industry, including Iodised Salt manufacturing process, that might influence Iodised Salt manufacturing cost, looking into capacity expansions, plant turnarounds, mergers, acquisitions, and investments.
Product Definition:
Iodised salt is regular table salt (sodium chloride) fortified with iodine; an essential trace mineral required by the human body to produce thyroid hormones. It is an important public health intervention for the prevention of iodine deficiency disorders, which can lead to severe health consequences, including goiter, cretinism, and impaired mental development.
Iodised salt contains a measured amount of iodine, usually potassium iodate or potassium iodide. The iodine content is typically between 15 and 40 parts per million (ppm). It is stable and does not lose its iodine content during storage or cooking. It is a source of dietary salt and contains about 97-99% sodium chloride.
Market Drivers:
In many countries, governments have mandated the use of iodized salt as a public health intervention to prevent iodine deficiency disorders. These regulations have created a significant demand for iodized salt and have helped to drive its growth. Public health campaigns to increase awareness of the importance of iodine in the diet have helped to increase demand for iodized salt. These campaigns have highlighted the health benefits of iodized salt and have encouraged consumers to choose it over regular table salt.
Also, consumers are becoming more aware of the health benefits of iodized salt and are choosing it over common table salt. In addition to that, the demand for ready-to-eat meals is increasing worldwide. Iodized salt is widely used as a seasoning and preservative in these foods, driving demand for the y used as a seasoning and preservative in these foods, driving demand for the product.
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