Global Anhydrous Magnesium Citrate Market Growth 2023-2029

Global Anhydrous Magnesium Citrate Market Growth 2023-2029

The global Anhydrous Magnesium Citrate market size is projected to grow from US$ 27 million in 2022 to US$ 42 million in 2029; it is expected to grow at a CAGR of 6.3% from 2023 to 2029.

The key manufacturers of Anhydrous Magnesium Citrate include Jungbunzlauer, Penglai Marine, Dr. Paul Lohmann, Global Calcium, Sucroal, Dongtai Food Ingredients, Gadot Biochemical Industries, etc. Jungbunzlauer is the world's largest player, with a market share of about 32%.

The Americas is the world's largest market, accounting for about 47% of the market. After that comes Europe, with about 36% of the market.

In terms of product, it can be mainly divided into food grade, pharmaceutical grade and other types. Food grade is the most dominant type, accounting for about 48% of the total. Pharmaceutical grade market share will further increase.

Anhydrous Magnesium Citrate has been widely used in nutritional supplement, food&beverage industry, pharmaceutical industry, and other aspects. Nutritional supplement accounts for about 42% of the total, followed by the pharmaceutical industry, which accounts for about 35% and has continued to expand in recent years.

Anhydrous Magnesium Citrate is also named as trimagnesium citrate anhydrous. Anhydrous Magnesium Citrate is mainly used as mineral source in food supplements, foods for particular nutritional purposes, and pharmaceutical preparations.

LPI (LP Information)' newest research report, the “Anhydrous Magnesium Citrate Industry Forecast” looks at past sales and reviews total world Anhydrous Magnesium Citrate sales in 2022, providing a comprehensive analysis by region and market sector of projected Anhydrous Magnesium Citrate sales for 2023 through 2029. With Anhydrous Magnesium Citrate sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Anhydrous Magnesium Citrate industry.

This Insight Report provides a comprehensive analysis of the global Anhydrous Magnesium Citrate landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Anhydrous Magnesium Citrate portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Anhydrous Magnesium Citrate market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Anhydrous Magnesium Citrate and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Anhydrous Magnesium Citrate.

This report presents a comprehensive overview, market shares, and growth opportunities of Anhydrous Magnesium Citrate market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type
Food Grade
Pharmaceutical Grade
Other

Segmentation by application
Nutrient Supplement
Food & Beverage Industry
Pharmaceutical Industry
Others

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Jungbunzlauer
Global Calcium
Gadot Biochemical Industries
Sucroal
Dr. Paul Lohmann
Penglai Marine
Dongtai Food Ingredients
Nantong Feiyu Food Technolog
Xiyang Chemical
Hengheng Fine Chemical

Key Questions Addressed in this Report

What is the 10-year outlook for the global Anhydrous Magnesium Citrate market?

What factors are driving Anhydrous Magnesium Citrate market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Anhydrous Magnesium Citrate market opportunities vary by end market size?

How does Anhydrous Magnesium Citrate break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.