Market Overview:
The global GMP grade sodium chloride market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. Sodium chloride is an inorganic compound with the chemical formula NaCl, which is also known as table salt. It occurs naturally as a mineral and is obtained through mining and processing of salt deposits. Sodium chloride finds various applications in different industries such as pharmaceuticals, food & beverage, personal care, agriculture etc., owing to its properties such as taste enhancement, preservative effect and others. The growing demand for processed foods and beverages across the globe has led to an increase in the demand for sodium chloride over the years. The global GMP grade sodium chloride market can be segmented on the basis of type into API-NaCl (active pharmaceutical ingredient) and HD-NaCl (high purity). On the basis of application, it can be classified into injections, hemodialysis, oral rehydration salts (ORS), osmotic agent etc., Among these segments, injections held a dominant share in 2017 owing to its wide usage across various therapeutic areas such as oncology & hematology drugs therapies etc.
Product Definition:
GMP Grade Sodium Chloride is a purified salt that is widely used in food and beverage production. The importance of GMP Grade Sodium Chloride lies in its ability to help control the taste, texture, and stability of products.
API-NaCl:
API-NaCl is the trade name given to a combination of amino acids and choline used in animal feed as an additive. It helps in maintaining the quality and increasing yield of meat products. The product also helps to reduce fat content, improve texture, color, and overall appearance of meat products.
The product has been gaining importance on account of its ability to prevent diseases caused by E Coli bacteria which attacks the small intestine mainly leading to diarrhea.
HD-NaCl:
HD-NaCl is a special type of sodium chloride which has been processed by using High Density Technology (HPT) to increase the density of product. It is used as an extender in the pharmaceutical industry and also finds application in other industries including food & beverage, chemical, paper & pulp.
Application Insights:
The injections segment accounted for the largest revenue share in 2016 and is anticipated to witness significant growth over the forecast period. The product is used as a diuretic, anticonvulsant and sedative agent in various medical applications such as asthma inhalation solution, intravenous solutions, emetics and oral rehydration salts. Injections are one of the most popular forms of sodium chloride consumption across all regions.
The oral rehydration salts segment held a considerable share owing to increasing awareness about effective treatment of hydrated electrolyte imbalance leading to diarrhea & vomiting in children below 6 months age group across developing countries including India & China. This has led pharmaceutical companies including Pfizer Inc., Novartis AG., sanofi-aventis France S.A.
Regional Analysis:
North America dominated the global GMP grade sodium chloride market in terms of revenue with a share of over 40.0% in 2017. This is attributed to the presence of major pharmaceutical companies such as Pfizer Inc., and Johnson & Johnson that are involved in extensive R&D activities for new drug development, which has led to increased demand for high purity sodium chloride across this region.
Asia Pacific is expected to witness lucrative growth over the forecast period owing to factors such as increasing healthcare spending by governments at both domestic and international levels, rising awareness about oral rehydration therapy among patients, growing need for better medical facilities due to increasing population etc., which will drive demand across this region during the forecast period. In addition, favorable regulatory policies regarding product approvals coupled with an increase in R&D activities by various pharmaceutical companies will further propel market growth during the projected period from 2018-2030 (forecast).
Growth Factors:
- Increasing demand from the pharmaceutical and biotechnology industries for GMP grade sodium chloride as a key ingredient in drug formulations and manufacturing processes.
- Growing demand for food additives, particularly preservatives, due to the increasing popularity of processed foods.
- Rising demand for water treatment chemicals as a result of population growth and industrialization in emerging markets such as China and India.
- Increasing use of sodium chloride in oil & gas production operations to improve well productivity and control corrosion rates.
Scope Of The Report
Report Attributes
Report Details
Report Title
GMP Grade Sodium Chloride Market Research Report
By Type
API-NaCl, HD-NaCl
By Application
Injections, Hemodialysis, Oral Rehydration Salts, Osmotic Agent
By Companies
K+S, Akzonobel, Cargill, Tata Chemicals, Hebei Huachen, Swiss Saltworks, Salinen, Cheetham Salt, Sudsalz Gmbh, Dominion Salt, US Salt
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
222
Number of Tables & Figures
156
Customization Available
Yes, the report can be customized as per your need.
Global GMP Grade Sodium Chloride Market Report Segments:
The global GMP Grade Sodium Chloride market is segmented on the basis of:
Types
API-NaCl, HD-NaCl
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Injections, Hemodialysis, Oral Rehydration Salts, Osmotic Agent
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- K+S
- Akzonobel
- Cargill
- Tata Chemicals
- Hebei Huachen
- Swiss Saltworks
- Salinen
- Cheetham Salt
- Sudsalz Gmbh
- Dominion Salt
- US Salt
Highlights of The GMP Grade Sodium Chloride Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- API-NaCl
- HD-NaCl
- By Application:
- Injections
- Hemodialysis
- Oral Rehydration Salts
- Osmotic Agent
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the GMP Grade Sodium Chloride Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
GMP Grade Sodium Chloride is a food grade salt that has been purified and processed to meet the highest quality standards. It is an essential ingredient in many foods and beverages, including soup, salad dressing, soy sauce, chicken broth and other sauces.
Some of the major companies in the gmp grade sodium chloride market are K+S, Akzonobel, Cargill, Tata Chemicals, Hebei Huachen, Swiss Saltworks, Salinen, Cheetham Salt, Sudsalz Gmbh, Dominion Salt, US Salt.
The gmp grade sodium chloride market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 GMP Grade Sodium Chloride Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 GMP Grade Sodium Chloride Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 GMP Grade Sodium Chloride Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the GMP Grade Sodium Chloride Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global GMP Grade Sodium Chloride Market Size & Forecast, 2020-2028
4.5.1 GMP Grade Sodium Chloride Market Size and Y-o-Y Growth
4.5.2 GMP Grade Sodium Chloride Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 API-NaCl
5.2.2 HD-NaCl
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Injections
6.2.2 Hemodialysis
6.2.3 Oral Rehydration Salts
6.2.4 Osmotic Agent
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global GMP Grade Sodium Chloride Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 GMP Grade Sodium Chloride Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 API-NaCl
9.6.2 HD-NaCl
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Injections
9.10.2 Hemodialysis
9.10.3 Oral Rehydration Salts
9.10.4 Osmotic Agent
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 API-NaCl
10.6.2 HD-NaCl
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Injections
10.10.2 Hemodialysis
10.10.3 Oral Rehydration Salts
10.10.4 Osmotic Agent
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 API-NaCl
11.6.2 HD-NaCl
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Injections
11.10.2 Hemodialysis
11.10.3 Oral Rehydration Salts
11.10.4 Osmotic Agent
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 API-NaCl
12.6.2 HD-NaCl
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Injections
12.10.2 Hemodialysis
12.10.3 Oral Rehydration Salts
12.10.4 Osmotic Agent
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 API-NaCl
13.6.2 HD-NaCl
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Injections
13.10.2 Hemodialysis
13.10.3 Oral Rehydration Salts
13.10.4 Osmotic Agent
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 GMP Grade Sodium Chloride Market: Competitive Dashboard
14.2 Global GMP Grade Sodium Chloride Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 K+S
14.3.2 Akzonobel
14.3.3 Cargill
14.3.4 Tata Chemicals
14.3.5 Hebei Huachen
14.3.6 Swiss Saltworks
14.3.7 Salinen
14.3.8 Cheetham Salt
14.3.9 Sudsalz Gmbh
14.3.10 Dominion Salt
14.3.11 US Salt
