Global Iodate Salt Market Growth 2023-2029

Global Iodate Salt Market Growth 2023-2029

Iodised salt (also spelled iodized salt) is table salt mixed with a minute amount of various salts of the element iodine. The ingestion of iodine prevents iodine deficiency. Worldwide, iodine deficiency affects about two billion people and is the leading preventable cause of intellectual and developmental disabilities. Deficiency also causes thyroid gland problems, including "endemic goitre". In many countries, iodine deficiency is a major public health problem that can be cheaply addressed by purposely adding small amounts of iodine to the sodium chloride salt.

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

This Insight Report provides a comprehensive analysis of the global Iodate Salt 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 Iodate Salt portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Iodate Salt market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Iodate Salt 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 Iodate Salt.

The global Iodate Salt market size is projected to grow from US$ 9081.3 million in 2022 to US$ 10190 million in 2029; it is expected to grow at a CAGR of 10190 from 2023 to 2029.

North America is the largest market with about 36% market share. Followed by Europe and China, accounting for about 45% market share.

The key players are Salins Group, Morton Salt, Inc., Compass Minerals, Cargill, Nihonkaisui, China Salt etc. Top 3 companies occupied about 73% revenue market share.

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

Market Segmentation:

Segmentation by type
Potassium Iodate Salt
Potassium Iodide Salt
Other Iodide Salt

Segmentation by application
Commercial Use
Residential Use

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.
Salins Group
Morton Salt, Inc.
Compass Minerals
Cargill
Nihonkaisui
China Salt

Key Questions Addressed in this Report

What is the 10-year outlook for the global Iodate Salt market?

What factors are driving Iodate Salt market growth, globally and by region?

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

How do Iodate Salt market opportunities vary by end market size?

How does Iodate Salt 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.