Global Magnesium Citrate Market Growth 2023-2029

Global Magnesium Citrate Market Growth 2023-2029

Magnesium citrate is a magnesium preparation in salt form with citric acid. It’s often used in nutrition supplement, food & beverage industry and pharmaceutical industry.
LPI (LP Information)' newest research report, the “Magnesium Citrate Industry Forecast” looks at past sales and reviews total world Magnesium Citrate sales in 2022, providing a comprehensive analysis by region and market sector of projected Magnesium Citrate sales for 2023 through 2029. With Magnesium Citrate sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Magnesium Citrate industry.
This Insight Report provides a comprehensive analysis of the global 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 Magnesium Citrate portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Magnesium Citrate market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for 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 Magnesium Citrate.
The global Magnesium Citrate market size is projected to grow from US$ 7 million in 2022 to US$ 10 million in 2029; it is expected to grow at a CAGR of 10 from 2023 to 2029.
Currently, there are many suppliers all over the world, such as Jungbunzlauer, Global Calcium, Gadot Biochemical Industries, Sucroal, Dr. Paul Lohmann, Penglai Marine, Dongtai Food Ingredients, Xiyang Chemical and Hengheng Fine Chemical etc. Market concentration in this industry is high, and total sales share of those 10 suppliers is 92%. During all those manufacturers, Jungbunzlauer and Gadot Biochemical Industries are top two suppliers.
Global major consumption regions are distributed in North America, Europe, Asia Pacific, South America, Middle East and Africa. North America is the largest consumption share of 38%. Europe consumption is the second largest consumption region.
This report presents a comprehensive overview, market shares, and growth opportunities of Magnesium Citrate market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Anhydrous Type
Nonahydrate Type
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
Yunbo Chemical
Xiyang Chemical
Hengheng Fine Chemical
Key Questions Addressed in this Report
What is the 10-year outlook for the global Magnesium Citrate market?
What factors are driving Magnesium Citrate market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Magnesium Citrate market opportunities vary by end market size?
How does 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.