The Global Epsom Salts Market size is expected to reach US$ 4.52Bn by 2026 from US$ XXBnin 2019, at a CAGR of 3.5% during the forecast period.
The report focuses on Epsom salts market value at the top regions and countries of the world, which shows a regional development, including market size, share, revenue, and much more across the globe. Regionally, the report covers numerous key regions like North America, Europe, Asia-pacific, Middle East & Africa, and South America. Also, the Epsom salts market report has recognized the major vendors and distributors operating in all the key regions. This analysis and data are expected to help the market players to support their market distribution channels and develop their geographical reach.
Definition of Epsom Salts:
Magnesium sulfate is an inorganic salt and is often encountered as the heptahydrate sulfate mineral epsomite which is commonly called Epsom salt. Epsom salt is broadly used in agriculture, as a component of bath salt, and also used in beauty products.
Global Epsom Salts Market Dynamics:
The growing demand from various industries for Epsom salt because of their numerous application such as agriculture, personal care, home care, and food & beverage processing, which contributes to the growth of the global Epsom salt market during the forecast period. Increasing consumer health awareness around the world is expected to increase the market demand for Epsom salt that is used to treat a variety of diseases.
Big companies only offer FCC-grade Epsom salt. Thus, there are great opportunities for small and new players in the Epsom salt market to grow their business by offering pharmaceutical and technical qualifications. Epsom salt is considered an organic fertilizer that is added to the soil or applied to plants as a leaf spray. It promotes healthy plant growth, alleviates magnesium deficiency in the soil found in the growing process, and provides nutrient solutions for plants. In the agricultural and horticultural sector, as demand for the technical grade of Epsom salt increases, the grass has become greener and bigger, better, and has seen increased production of crops with Epsom salt.
Magnesium helps regulate enzyme activity and plays an important role in regulating severalphysical functions, from muscle control and electrical stimulation to energy production and the elimination of harmful toxins. Using Epsom salt is considered a cost-effective means of modifying the risk of acute and chronic health problems. So, Epsom salt producers need to advertise their products to constipation patients that act as laxatives to relieve constipation.
Urbanization, strong industrialization increases the need for water purification, the iron sulfate hydrate market thriving within the forecast period. As well, new players looking to invest in the market should focus on hydrated Epsom salts, as demand for hydrated Epsom salts is expected to increase in pharmaceutical grades to manufacture liver detoxification drugs. Taking into account the above factors, the Epsom salt market is expected to positively influence during the estimated period.
To optimize crop yields and deliver better-quality products, farmers are adopting pesticides and fertilizers, which is expected to boost the global Epsom salt market. This increases the cost of implementing the extraction process and decreases availability, which can be limitingthe growth of the Epsom salt market.
Global Epsom Salts Market Segmentation:
The global Epsom salts market is segmented into Form, Packaging, Grade, Application, and Distribute Channel.
By form, the Granules form segment is expected to hold the largest market share of the global market by 2026. This growth is attributed to granules form type salt is used mostly as a bath-salt and in the pharmaceutical industry due to increasing awareness of the medicinal benefits of Epsom salt among the consumers.
Global Epsom Salts Market
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By packaging, the pouches segment is expected to grow at the highest CAGR of XX% during the forecast period (2019-2026). This is mainly because pouches are easy to carry and flexible.
Regional Insights of the Global Epsom Salts Market:
The Asia-Pacific market is expected to dominate the global Epsom salt market during the forecast period. The growth is attributed to the rising demand for Epsom salt from the end-use industries such as personal care, home care, pharmaceutical, and agriculture. Also, the increasing use of Epsom salt in spas and salons is expected to boost the market in the estimated period (2019-2026).
The North American market is expected to grow at the highest CAGR of XX% in the global Epsom salt market during the forecast period. The is mainly because of the factors such as the growing number of health & beauty-conscious population, increasing awareness of medicinal benefits of Epsom salt among the consumers, and growth inthe personal care industry are expected to drive the market for Epsom salt in North America. In addition to that, prominent market players such as San Francisco Salt Company, SaltWorks, Inc., and Baymag Inc. are contributing varieties of Epsom salts, which further boost the North American market.
Global Epsom Salts Market1
The report also helps in understanding Global Epsom Salts Market dynamics, structure by analyzing the market segments and project the Global Epsom Salts Market size. Clear representation of competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence in the Global Epsom Salts Market make the report investor’s guide.
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Global Epsom Salts Market, By Form
Global Epsom Salts Market, By Packaging
- Plastic Bags
- Paper Boxes
- PET Bottles
- Glass Bottles
Global Epsom Salts Market, By Grade
- FCC Grade
- Pharmaceutical Grade
- Technical Grade
Global Epsom Salts Market, By Application
Global Epsom Salts Market, By Distribute Channel
- Store-Based Retailing
o Pharmaceutical and Drug Stores
o Specialty Stores
- Online Retailing
Global Epsom Salts Market, By Region
- North America
- Asia Pacific
- Middle East & Africa
- South America
Key players operating in the Global Epsom Salts Market
- SaltWorks, Inc.
- K+S KALI GmbH
- SAN FRANCISCO SALT COMPANY
- Nutritional Supplement Manufacturers, Inc.
- The Chemical Company
- Tomita Pharmaceutical Co., Ltd.
- S D Fine-Chem Limited
- Jost Chemical Co.
- MACCO Organiques, s.r.o.
- PQ Corporation
- OLIN CHEMICAL CORP.
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