The latest report titled “Iodised Salt Production Cost Report” by Procurement Resource, a global procurement research and consulting firm, provides an in-depth cost analysis of the production 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, production cost details, economics for another plant location, dynamic cost model). In addition, the report incorporates the production 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 that might influence Iodised Salt production cost, looking into capacity expansions, plant turnarounds, mergers, acquisitions, and investments.
Procurement Resource Assessment of Iodised Salt Production Process:
1. Iodised Salt Production Cost Via Vacuum Salt Process: This report presents the detailed production methodology and cost analysis of iodised salt industrial production across iodised salt manufacturing plants. The method involves centrifugation of potassium iodate solution along with wet salt, which further undergoes drying in fluidized bed dryers, and iodized salt is produced.
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2. Iodised Salt Production Cost From Spray Mixing Process: This report provides the thorough economics of iodised salt industrial production across iodised salt manufacturing plants. Salt, whether in crystalline or crushed form, is first placed into a feed hopper. From there, it is added to the mixing chamber through inclined rubber belt conveyor. Within the mixing chamber, Potassium iodate (KIO3) is sprayed onto the salt. This mixture is then thoroughly blended in a screw conveyor to create iodised salt.
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3. Iodised Salt Production Cost From Drip Feed Process: This report presents the extensive cost requirement of iodised salt industrial production across iodised salt manufacturing plants. Regular salt and potassium iodate are both put into a grinder. The potassium iodate is combined with the salt crystals are further crushed. Finally, the salt mixture is passed through a screw conveyor to ensure that the potassium iodate is evenly distributed throughout the salt.
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Product Definition:
Iodized salt is the enhanced regular salt that contains potassium and sodium iodide. The process of iodizing salt involves spraying the salt with potassium iodate, a compound that provides the necessary iodine to the salt. Despite this enrichment, this salt looks and tastes the same as regular salt. A trace mineral called iodine is naturally present in dairy products, cereals, eggs, and in some seafood. By combining iodine with table salt, people can significantly reduce their risk of iodine deficiency, a condition that can cause a range of health problems. In fact, the use of this product has been shown to have many health benefits, including improving thyroid function, supporting a healthy pregnancy, promoting heart health, and keeping the body hydrated.
Market Drivers:
The market for iodized salt has been experiencing significant growth in recent years, and this can be attributed to several factors. One of the primary reasons is the rising awareness of the numerous benefits of iodine, which has led to an increased demand for this salt from both the food and beverage industry and the chemical industry. Another contributing factor is its excellent properties, such as its low moisture absorption and excellent thermal stability, making it an ideal choice for various applications in the food, chemical, and industrial sectors.
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